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PolarNik [594]
2 years ago
12

QS 4-15 Computing and analyzing gross margin ratio LO A2 Carrier Lennox Trane York Sales $ 150,000 $ 550,000 $ 38,700 $ 255,700

Sales discounts 5,000 17,500 600 4,800 Sales returns and allowances 20,000 6,000 5,100 900 Cost of goods sold 79,750 329,589 24,453 126,500 Compute net sales, gross profit, and the gross margin ratio for each of the four separate companies. (Round your gross margin ratio to 1 decimal place; i.e.; 0.2367 should be entered as 23.7%.)
Business
1 answer:
kogti [31]2 years ago
4 0

Answer:

Maybe is you payed attention you would have knew the answer

Explanation:

Good luck :))

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Stone Co. began operations in year 3 and reported $225,000 in income before income taxes for the year. Stone's year 3 tax deprec
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Answer:

Given:

Income before income taxes = $225,000

Book depreciation = $25,000

Nondeductible book expenses = $10,000

Tax rate = 40%

Enacted rate = 35%

Deferred income tax liability is computed as:

Deferred income tax liability = Book depreciation × Enacted rate

= $25,000 × 35%

= $8,750

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3 years ago
If the government removes a binding price floor from a market, then the price received by sellers will
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It would overall decrease
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The EPA requires the use of precise forms called the
Musya8 [376]

Answer:

The correct answer is The EPA requires the use of precise forms called? It is a requirement for those working with or owners of transporters and generators of waste materials deemed hazardous to acquire an EPA form 8700-22 called the uniform hazardous waste manifest.

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8 0
3 years ago
Bethany Richards is a book rep. She sells books to schools and libraries. She earns a 9 percent commission on every book she sel
Zanzabum

Answer:

The correct answer is: $284.10.

Explanation:

The percentage of a number represents a part of it. Typically percentages are used when a certain amount of money is to be paid out of another amount because of services being provided or for using the money as instruments of investments like bank loans.

In Bethany Richards' case, she receives 9% in commissions for all the books she sales. Then,

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Thus,

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6 0
3 years ago
Jared's boss encourages employees to participate in the decision-making process but does not give them complete freedom to do as
strojnjashka [21]

Answer:

D) democratic

Explanation:

A democratic leadership style is a type of leadership where a leader asks for the inputs of emoloyees in making decisions and the final decision made by the leader is based on the inputs of members.

Jared's boss allows his staff to give inputs but he makes the ultimate decision .

In an autocratic leadership style, the leader doesn't take any input from employees when making decisions.

Laissez faire is a type of leadership style where employees are given a free rein in the company.

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3 years ago
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