Answer:
Correct option is B
$160,000
Explanation:
From the question above, Cost of goods sold of $160,000 is treated as a negative item in calculating gross income rather than as a deduction.
For a drug dealer like Tom, all deductions
listed above are disallowed.
A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.
There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.
Return on assets is calculated by dividing a company's after-tax earnings by total assets. The balance sheet total corresponds to the company's total equity and liabilities. This value can be found on the company's balance sheet.
Learn more about assets at
brainly.com/question/25746199
#SPJ4
"<span>B) Resource use, production, and distribution of goods and services" is the correct answer. Economics is really a study of limited resources, and how people make choices. </span>
Answer:
lessen the effect of exchange rate changes by sourcing from where input costs are low
Explanation:
Answer:
A) variable costing
Explanation:
acording to a citated text the variable costing excluded all fixed manufacturing costs is the Variable costing
