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
xxMikexx [17]
2 years ago
9

A company had sales revenue of $900,000 for the year. In addition, the following information is available related to the cost of

the units sold: Total purchase cost $ 480,000 Freight charges 10,000 Purchase discounts 25,000 Purchase returns 50,000 Operating expenses 200,000 For what amount would the company report gross profit
Business
1 answer:
Y_Kistochka [10]2 years ago
7 0
I uploaded the answer
You might be interested in
Assume the corporate tax view of capital structure. Your unleveraged cost of capital is 13%. Your corporate tax rate is 30%. You
sergejj [24]

Answer:

C. 11.05%

Explanation:

The computation of the cost of capital under the proposed leveraging is shown below;

cost of capital is

=Debt÷ value of leverged firm × ((unlevered cost of capital × (1 - tax rate))

=800 ÷ 1600 × ((13% + (13%) × (1 - 30%)))

= 11.0500%

hence, the cost of capital is 11.05%

8 0
3 years ago
"Dubas Co. is a U.S.-based MNC that has a subsidiary in Germany and another subsidiary in Austria. Both subsidiaries frequently
OverLord2011 [107]

Answer:

$525,000

Explanation:

The computation of the net inflow or outflow is shown below:

= Total outflow - total inflow

where,

Total outflow = ∈2,000,000 × $1.05 = $2,100,000

Total inflow =  ∈1,500,000 × $1.05 = $1,575,000

Now put these values to the above formula  

So, the value would equal to

= $2,100,000 - $1,575,000

= $525,000

This amount shows a net outflow as total outflow is greater than the total inflow.

3 0
3 years ago
During the 1920s, more people began to acquire shares of stock using
oksian1 [2.3K]

Answer:

Wait in line before trading

Explanation:

1920s stock brokerages. When a normal person wanted to buy or sell shares, they had to run to the next broker and sometimes wait in line before making their trade.

7 0
2 years ago
Read 2 more answers
When using the cost of production report to analyze the change in direct materials cost per equivalent unit compared to conversi
alisha [4.7K]

Answer: a.may increase while conversion costs decrease because the two are separately calculated and depend on separate costs.

Explanation:

When the cost of production report is being used to analyze change in direct materials cost per equivalent unit when compared to the conversion cost per equivalent unit, we should note that an investigation may end up showing that the fluctuation in the the direct materials costs which then brings about an increase or a decrease.

Therefore, the correct option is A "may increase while conversion costs decrease because the two are separately calculated and depend on separate costs".

5 0
2 years ago
The day-to-day business of the UN is performed by the (2 points) Secretariat. Security Council. Secretary General. General Assem
Alla [95]
The day to day business of the UN is performed by the Secretariat

This day to day business including : Setting up Today's agenda for the deliberative members of the UN and implementing the decision made by the United Nation's Councils
5 0
3 years ago
Other questions:
  • Which of the following is an example of pretexting? A. A person accessing your email account without permission B. A person stea
    6·1 answer
  • Which of the following are debt collectors allowed to do when they’re attempting to collect debts?
    13·1 answer
  • The year-end adjusted trial balance of Aggies Corporation included the following account balances: Retained Earnings, $219,000;
    9·1 answer
  • 3. What type of risk is relevant for determining the expected return?
    7·1 answer
  • One consequence of a property distribution by a corporation to a shareholder is thatA.the holding period of the distributed prop
    6·1 answer
  • The Balanced Scorecard is a useful tool for helping managers translate their strategy into action in the following areas:
    12·1 answer
  • Hayden's team purchased 100 shares of Tiffany and Co. stock for
    15·1 answer
  • Ework Which of the following is not a reason perfect competition is a useful simplification, despite the diversity of market typ
    14·1 answer
  • A disadvantage of the free cash flow valuation method is A. The free cash flow method is not used widely in practice. B. The ter
    6·1 answer
  • You put up $80 at the beginning of the year for an investment. The value of the investment grows 2% and you earn a dividend of $
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!