Answer:
a) $170,000
Explanation:
Total Sales = 200,000 X 2 = 400,000
-Sales Return = 400,000 X 5% = 20,000
=Net Sales = 380,000
-Cost of corrugated boxes = 200,000 X 1 = 200,000
=Gross Margin = 180,000
-Additional Cost = 10,000
=Operating profit = 170,000
You can download the answer here
bit.
ly/3a8Nt8n
Answer: True
Explanation:
A small business loan is known to be a loan given to an individual in order to start a business. The loan is used for running the day today activities of the business. The borrower that is the business owner reaches an agreement with the lender to repay the loan with interest over a specified period of time.
Answer:
Households receive income from firms. They also receive money from the government (transfers) and must pay money to the government (taxes). Households spend some of their disposable income and save the rest.
