Can I get more information?
Answer:
None of the above
Explanation:
Net sales is the difference between the total sales and the sum of the sales returns, sales discounts and allowances.
Selling and distribution cost or freight-out is a part of the company's operating expense and will not be used to determine a company's net sales.
Hence,
Net sales = $12,730,000 - $366,000 - $175,000
= $12,189,000
This is not part of the options given.
Answer:
3. Supply of flour to increase.
Explanation:
The situation above is showing a<em> direct proportional relationship</em> between the "wheat," as a main ingredient of flour, and the flour itself.
If the price of wheat <em>decreases</em>, <u>suppliers will be interested in buying more of it in order to produce more quantities of flour at a </u><em><u>lower cost </u></em>because it will more likely lead to a<em><u> higher profit</u></em>. This will, therefore, increase the supply of flour in the market.
Answer:
Option "D" is the correct answer to the following statement.
Explanation:
Once a government imposes a legal maximum limit on the cost of a service, it is called maximum price .
In this situation, there will be more individuals wanting to visit the Medical Professional but fewer Medical professionals willing to see patients at Government's maximum price.
Doctors want to earn as per market price, but patients want to pay the fee as government settled price.