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I am Lyosha [343]
3 years ago
12

The amount of a company’s sales revenue that remains after subtracting the “cost of goods sold,” a standard accounting measure o

f the costs of manufacturing or acquiring the items that are sold. Explain
Business
1 answer:
Alborosie3 years ago
3 0

Answer:

you can use both. but not sure.

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Dec. 1 Merchandise with a list price of $4,700 is purchased on account, terms FOB shipping point, 1/10, n/30. The seller prepaid
spayn [35]

Explanation:

The Journal entry is shown below:-

a. Merchandise inventory Dr,       $4,700

          To accounts payable                 $4,700

(Being Purchase of merchandise is recorded)

b. Accounts payable Dr,                $1,600

           To Merchandise inventory       $1,600

(Being Return of merchandise is recorded)

c.  Accounts payable Dr,                $3,100

             To Merchandise inventory        $31

                                                           ($3,100 × 1%)

              To cash account                        $3,069

(Being the amount paid)

5 0
3 years ago
If a corporation is found guilty of committing a crime and assessed a fine, who typically ends up being punished?
Afina-wow [57]

Answer:

Option (A)

Explanation:

If a corporation is found guilty of committed a crime. Then the corporation likely to face a hefty fines for committing a crime. This means the owners of the corporation and its stake holders are responsible for this crime if any of the employee of the corporation commits a crime. Hence at last the owners of the corporation and the stake holders are end up being punished.

5 0
2 years ago
According to recent data, only 36 percent of Uber's current employees are women. How do you think this situation helped perpetua
kozerog [31]

Answer and Explanation:

If we considered the business type that uber begins i.e. lack of the skilled and the experienced professionals. So here we can conclude that with the 36 pf the present employees of the uber that contains women perpetuates with a flawed corporate culture

So as per the given situation, the above represent the explanation and the same should be considered

4 0
2 years ago
What do you call collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like ind
Kamila [148]

Collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like individual stocks than mutual funds?

The correct answer is an exchange-traded fund (ETF)

<h3>What are exchange-traded funds?</h3>

ETFs, or "Exchange Traded Funds," as the name implies, are funds that trade in exchange-traded funds and typically track a particular index. Investing in ETFs gives you a bundle of assets that you can buy and sell during market hours. It has the potential to reduce risk and exposure while helping to diversify the portfolio.

ETFs have several advantages over traditional open-ended funds. The four main benefits are transaction flexibility, portfolio diversification and risk management, low cost, and tax benefits.

Learn more about securities exchanges here

brainly.com/question/25572872

#SPJ2

7 0
2 years ago
A company introduced a new low calorie version of one of its popular cold drinks. as a result, the sales of the original cold dr
sashaice [31]
This situation is known as cannibalization. Cannibalization is a marketing strategy that refers to the reduction company's see in there sales volume, revenue or market share of a current product when they release a new product. When a company releases a new product, those who are fans of their other products will likely try the new product instead of the hold which initially brings down the volume they sell and make from the initial product. 
4 0
3 years ago
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