Answer:
This is a short and direct template I used to get my job, and it works pretty well.
Explanation:
The net sales of the given set of data is:
<h3>What is Net Sales?</h3>
This refers to the addition of a company's gross sales minus the expenses which includes returns, allowances, etc.
The Gross Sales:
Sales revenue: $200,000
Cost of goods sold: $120,000
Total = $200,000 - $120,000
=$80,000
Expenses:
Sales allowances and discounts: $5,000
Sales discounts: $3,000
Total= $5,000 + $3,000
= $8,000
Therefore, net sales = Gross Sales – Returns – Allowances – Discounts
$80,000- $8,000
=$72,000
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<h3>T
he definition (and 1 or 2 examples) of planned, mixed, and market economies.</h3><h3><u>
Explanation:</u></h3>
A free market economy is a planned economy. It is also termed as command economy in which the decisions regarding the production of goods and services and the rules are framed by the government. So me of the examples of this type of economic system includes, Former soviet Union and China.
An economic system that contains the decisions that are taken by both private and government or state owned entities. They have the authority regarding the owing, marketing and selling of the goods and services. U.S and France are the examples of this type.
The laws associated with the supply and demand directing the goods and services production is the market economy. The availability of the natural resources,land and labor, capital are the supplies. Demands includes business, consumers and government purchases. U.S economy is an example of this types.
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Answer:
Earnings per share 2016 = $0.00073
Earnings per share 2017 = $0.00095
Explanation:
Earnings per share relates to a period and not for a particular date, therefore, it is computed based on the average number of shares for the period.
Net income for each year
2017 = $62,000
2016 = $50,700
Shares at the end of year
2017 = 64,507,000
2016 = 66,282,000
2015 = 73,139,000
Average shares of 2016 = 
Average shares of 2017 = 
= 65,394,500
Earning per share for 2016 = 
Earnings per share for 2017 = 
