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
Answer:
Return Address
Explanation:
There are primarily <u>7 parts of a letter</u> and these are the following:
<em>1. Letterhead/Heading (business) or Return Address (an individual)</em>
<em>2. Date</em>
<em>3. Inside Address</em>
<em>4. Salutation/Greeting</em>
<em>5. Body</em>
<em>6. Complimentary Close</em>
<em>7. Signature</em>
The "Return Address" refers to the <em>address of the sender.</em> This includes the name of the sender as well. This is very important especially if the letter requires a response from the recipient.
Answer: May you give more details? It’s really hard to explain without no details.
Explanation:
.
Answer:
Quiet enjoyment
Explanation:
Quiet enjoyment is a clause in lease agreement that provides a guarantee that the tenant will occupy the property in peace without interference from any other claimants or the landlord.
For example this clause protects a tenant from being removed from a property by someone of higher rank or authority like an agent.
The law recognises quiet enjoyment even when it is not stated explicitly in a lease agreement. It is assumed that every tenant has a right to quiet enjoyment
Answer:
I got a joke for you :)
Why do we tell actors to “break a leg?”
Because every play has a cast.
