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oksano4ka [1.4K]
3 years ago
12

Asap pls!!!

Business
1 answer:
kumpel [21]3 years ago
5 0

Answer: Answer:

A. give first choice to veterans before other job applicants

Explanation:

got a 100 :)

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Answer:poop

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2 years ago
Question 19 A company just starting in business purchased three merchandise inventory items at the following prices. First purch
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Answer:

Answer is A. USD 80/-

Explanation:

Using FIFO costing, we get:

  • <u>Gross Profit = Sales - Cost of Goods Sold </u>

COGS (Cost of Goods Sold) for two units,

COGS = First purchase + Second purchase

COGS = $70 + $80

COGS = $150

Sales = $230

  • <u>Calculating the Gross Profit: </u>

GP (Gross Profit) = Sales - Cost of Goods Sold

GP = $230 - $150

GP = $80

7 0
3 years ago
Read 2 more answers
Which of these is a nonstore retailer?
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A. Vending Machine is a nonstore retailer
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2 years ago
The following information applies to the questions displayed below Over a four-year period, Jackie Corporation reported the foll
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Answer:

1. Gross Profit ratio

2018 47%

2019 30%

2020 62%

2021 47%

2. Gross Profit ratio

2018 47%

2019 47%

2020 47%

2021 47%

Explanation:

1. Calculation for the gross profit ratio for each of the four years based on amounts originally reported.

2018 2019 2020 2021

Net sales $60,000 $66,000 $74,000 $90,000

Less Cost of goods sold $32,000 $46,000 $28,000 $48,000

=Gross profit$ 28,000 $20,000 $46,000 $42,000

Gross Profit ratio

2018 47% =$28,000/$60,000

2019 30% =$20,000/$66,000

2020 62% =$46,000/$74,000

2021 47% =$42,000/$90,000

2. Calculation for the gross profit ratio for each of the four years based on corrected amounts.

Cost of goods sold 2019=$46,000-$11,000

Cost of goods sold 2019=$35,000

Cost of goods sold 2020=$28,000+$11,000

Cost of goods sold 2020=$39,000

2018 2019 2020 2021

Net sales $60,000 $66,000 $74,000 $90,000

Less Cost of goods sold $32,000 $35,000 $39,000 $48,000

=Gross profit $28,000 $31,000 $35,000 $42,000

Gross Profit ratio

2018 47% =$28,000/$60,000

2019 47% =$31,000/$66,000

2020 47% =$35,000/$74,000

2021 47% =$42,000/$90,000

3 0
3 years ago
Assume all items involve cash unless there is information to the contrary. (a) Purchase of equipment. choose the type of cash fl
VARVARA [1.3K]

Answer: Please see answer in explanatory column

Explanation:Classifying each according to cash flow activity in terms of operating, investing, or financing activity gives

(a) Purchase of equipment.-----investing activity

(b) Sale of building.-----investing activity

(c) Redemption of bonds.-----financing activity

(d) Cash received from sale of goods.  ------investing activity

(e) Payment of dividends.-------financing activity

(f) Issuance of capital stock.  -------financing activity

4 0
3 years ago
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