1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
egoroff_w [7]
3 years ago
6

Financial information is presented below: Operating Expenses $ 91100 Sales Returns and Allowances 17000 Sales Discounts 12400 Sa

les Revenue 320100 Cost of Goods Sold 174200 The amount of net sales on the income statement would be
Business
1 answer:
ira [324]3 years ago
8 0

Answer:

$290,700

Explanation:

The amount of net sales on the income statement is computed as shown below;

Net sales = Sales revenue - Sales discount - Sales return and allowance

Net sales = $320,100 - $12,400 - $17,000

Net sales = $290,700

You might be interested in
59. A poultry rancher discovered that when she increased the price of organic eggs from $0.75 to $1.00 per dozen, the sales of h
oee [108]

Answer:

PED = -1.4 or |1.4| in absolute values, price elastic

Explanation:

the price elasticity of demand (PED) using the midpoint method:

PED = % change in quantity / % change in price

  • % change in quantity = {(Q 2 − Q1 ) / [(Q2 + Q1)/2]} x 100 = {(200 − 300 ) / [(200 + 300)/2]} x 100 =  -100 / 250 = -0.4
  • % change in price = {(P2 − P1 ) / [(P2 + P1)/2]} x 100 = {(1 − 0.75 ) / [(1 + 0.75)/2]} x 100 = 0.286

PED = -0.4 / 0.286 = -1.4 or |1.4| in absolute values

5 0
3 years ago
If the dollar amount of total return on your mutual fund is $165 and the original cost of your investment is $1,200, then what i
Anna35 [415]

Answer:

% 70

Explanation:

5 0
2 years ago
Gantt charts are effective for project scheduling if:
pochemuha

Answer: c. The project contains simple activity sequences

Explanation:

Gantt chart is a firm of bar chart that depicts a project schedule as it helps in the scheduling of a particular project.

Gantt chart is a graphical tool that helps in showing the activities that are performed against time to the project team or project manager. Gantt charts are effective for project scheduling if such project contains simple activity sequences.

4 0
3 years ago
Choose the definition and example for a rolling budget.
forsale [732]

Answer:

D. A rolling budget is a budget or plan that is always available for a specified future​ period, by continually adding a period​ (month, quarter, or​ year) to the period that just ended. A​ four-quarter rolling budget for 2017 is superseded by a​ four-quarter rolling budget for April 2017 to March​ 2018, and so on

Explanation:

A rolling budget is a budget that is always updated with a new budget period when the recent budget period is over.

7 0
3 years ago
Awanita Enterprises sells computer flash drives for $ 2.41 per unit. Unit variable cost is $ 0.07. The breakeven point in units
Dennis_Churaev [7]

Answer:

Margin of safety= $2,651

Explanation:

Giving the following information:

Awanita Enterprises sells computer flash drives for $ 2.41 per unit. Unit variable cost is $ 0.07. The breakeven point in units is 3,400​, and expected sales in units are 4,500

Margin of safety= 4,500*2.41 - 3,400*2.41= $2,651

4 0
3 years ago
Other questions:
  • Because the main goal of high-stakes testing is to upgrade the performance of poorly achieving students, low-income and ethnic m
    13·1 answer
  • How many european union countries use the euro as their official currency?
    6·1 answer
  • Suppose that a computer software company controls the operating system market. Although the government knows that the price is h
    7·1 answer
  • The Hutters filed a joint return for 2019. They provide more than 50% of the support of Carla, Ellie, and Aaron. Carla (age 18)
    14·1 answer
  • results from the lessening of trade barriers and the increased flow of goods and services, capital, labor, and technology around
    5·1 answer
  • National accounting identities Let C stand for consumption spending, I for investment, G for government purchases, X for exports
    11·1 answer
  • To support herself while attending school, Daun Deloch sold stereo systems to other students. During the first year of operation
    12·1 answer
  • You work in the finance division of a company listed in the Stock Exchange. You have just learned that your supervisor has been
    5·1 answer
  • Great Landscapes Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various ag
    7·1 answer
  • Which of the following is an Internet job search “don’t”?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!