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maxonik [38]
3 years ago
15

Your campus computer store reported Sales Revenue of $175,000. The company's gross profit percentage was 65 percent. What amount

of Cost of Goods Sold did the company report?
Business
1 answer:
vaieri [72.5K]3 years ago
6 0

Answer:

The company reported $61,250 amount of Cost of Goods Sold

Explanation:

As gross profit percentage is the net percentage of sales revenue and cost of goods sold. We can find the cost of goods sold percentage as follow

Gross profit = Sales - Cost of Goods Sold

Placing the percentage

65% = 100 % - Cost of Goods sold

Cost of Goods sold = 100% - 65%

Cost of Goods sold = 35%

Now calculate the value of cost of goods sold using following formula

Cost of goods sold percentage = Cost of good sold / Sales Revenue

35% = Cost of Goods sold / $175,000

Cost of Goods sold = $175,000 x 35%

Cost of Goods sold = $61,250

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MArishka [77]

Answer:

Scented candles are not harmful to dogs for normal use, but high concentrations in a confined space for a long time would have an impact on the dog's sense of smell.

Because the candles you use will cause a lot of burnt smoke which is harmful to dogs. And aromatherapy ingredients contain a lot of chemical substances. If the windows are opened, it will be ok, if not the more chemical substances accumulate, the more it will be harmful to dogs, or even to the health of people.

Here are several ways to avoid the harm caused by aromatherapy to dogs:

Do not ignite the two types of aromatherapy in a short time or at the same time, to avoid the two types of aromatherapy, which are mutually ineffective and produce toxic gas.

Try not to light candles in a closed bedroom when you sleep.

Keep air circulation.

Keep all kinds of aromatherapy out of reach of dogs.

Use Home Lights scented candles in the right way.

Explanation:

https://hlcandles.com/

4 0
3 years ago
What are the dimensions of situational control identified by Fiedler's contingency leadership model? (Check all that apply.)
Kipish [7]

There are ways to control different situations. The dimensions of situational control Fiedler's contingency theory are leader-member relations, task structure, and position power.

Fiedler's is popularly known for his contingency theory. This theory helps to understand why managers can behave so differently.

The contingency theory states that there no one single leadership style often works for all employees.

He stated also that there are situational-contingent elements that influences a leader's ability to lead.

Learn more about Fiedler's contingency theory from

brainly.com/question/14615424

6 0
3 years ago
Two firms with identical capital intensity ratios are generating the same amount of sales. However, Firm A is operating at full
Gemiola [76]

Answer:

True

Explanation:

Firm A is operating at full capacity, if its sales keep increasing, then t will need to invest to expand its production capacity. Since firm B is operating below full capacity level, if its sales keep increasing it will have some spare production capacity it can use before operating at full capacity.

Therefore firm A will need to invest in an expansion of its production capacity while firm B can keep operating without new investments.

7 0
3 years ago
The u. s. government promoted public participation in the 2010 census during the televised super bowl game in its efforts is to
Pavel [41]

Answer:

a. advertising

Explanation:

Advertising: It is a creative marketing strategy to promote product and service by using paid communication channel. It help to spread awareness to the target audience. This technique is used to aware public about product, social cause, scheme or government policies.

There are three primary objective of advertising:

  • Inform
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Advertising follow the AIDA model, which states awareness leads to Interests which lead to Desire and finally lead to Action.

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3 years ago
There are 20 owners for McJellies, Inc. None of those owners are personally financially liable for the company. What type of bus
SVEN [57.7K]

Answer:

- Corporation

Explanation:

At least two people are required to form a corporation. The owners of a corporation are treated as separate entities from the business. The owners, also known as shareholders, enjoy limited liabilities to the debts of the corporation. In case of a liquidation, they cannot lose more than their capital contribution.

A sole proprietorship is owned by one person, but a partnership requires at least two people to form. The owners of sole proprietorships and partnerships have unlimited liabilities to the debts of their businesses. Should the businesses fail in meeting their obligations, owners' personal assets can be used to settle the outstanding debts.

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