Answer:
$121,200
Explanation:
Calculation to determine the gross profit that would appear on a multiple-step income statement
First step is to determine the Net sales
Sales $ 250,000
Less Sales Discounts ($1,500)
Less Sales Returns and Allowances ($2,300 )
Net sales $246,200
Now let determine the Gross profit using this formula
Gross profit=Net sales-Cost of Goods Sold
Let plug in the formula
Gross profit=$246,200-$125,000
Gross profit=$121,200
Therefore the gross profit that would appear on a multiple-step income statement is $121,200
Answer:
False
Explanation:
In an enterprise-class database system, business users can not interact directly with the DBMS, which directly accesses the database data
<span>The viability and relevancy of insurance products is used to protect your business in case if you specialized on manufacturing unusual products and provides maintain stability of your production.</span>
Answer:
Liabilities increase and assets decrease.
Hope this helps!
