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Talja [164]
3 years ago
6

Sales returns and allowances are reported on the ______.

Business
1 answer:
labwork [276]3 years ago
5 0

Sales returns and allowances are reported on the <u>Income Statement</u>.

<h3>What is the income statement?</h3>

The income statement is a financial statement wherein the sales revenue and cost of goods sold and operating expenses are summarized in order to obtain the net income.

When reporting the sales returns and allowances on the income statement, they are subtracted from the gross sales to arrive at the net sales.

Thus, sales returns and allowances are reported on the <u>Income Statement</u>.

Learn more about the income statement at brainly.com/question/24498019

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Which of the following statements is CORRECT? a. The WACC that should be used in capital budgeting is the firm's marginal, after
Musya8 [376]

Answer:

A. The WACC that should be used in capital budgeting is the firm's marginal, after-tax cost of capital

Explanation:

3 0
4 years ago
Which of the following is an example of a company that serves a niche market?
Natasha_Volkova [10]

Answer:

C) a manufacturer who creates tools such as bolts, latches, door handles etc. for left-handed individuals

Explanation:

A niche market is a segment of a market that has a specific target group of consumers, usually due to a highly specific need or interest of those people. On the contrary, mainstream providers cater to the needs of the mass market, a customer base that is not specific and is largely diverse.

Therefore, large-scale manufacturers that have a large range of standardized products are <u>not</u> considered as niche.

In this example, the company producing miscellaneous things tailored for left-handed individuals is highly niche by nature.

3 0
4 years ago
A children's clothing company donates 1% of its earnings a year toward school programs and clothing donations children in poor c
WITCHER [35]

Answer:

b. the company uses its donations as a public relations move rather than corporate strategy

Explanation:

The company above is focused on "children's clothing." This means that, if its approach is not tied to its business objectives, then it is using its donations as <em>a public relations move.</em> This is also known as "Philanthropy." Such kind of strategy allows the company to become more visible through a cause-related marketing style.

The motive in such kind of strategy is doubtful. This is because the programs being targeted are not well-tied to a particular business strategy of the company. It is aimed at enhancing the company's morale. This will allow the company to have a favorable image which may result to a good impact on sales.

So, this explains the answer.

7 0
3 years ago
Molly is planting seeds for a pink and white flower garden in her backyard. She is planting 1.5 times as many pink flowers as wh
coldgirl [10]
Answer:
9

Explanation:
In word problems, “as many times as” can be translated into multiplication.

If Molly plants 1.5 times as my pink flowers as white flowers, we would multiply 1.5*(number of white flowers) to find out the number of pink flowers.

Because the question tells us there are 6 white flowers, we multiply 1.5*6, which equals 9.

I hope this helps!

4 0
3 years ago
Read 2 more answers
f the Fed conducts an open-market sale, bank reserves _____, and the money supply is likely to _____. decrease; decrease increas
riadik2000 [5.3K]

If the Fed conducts an open-market sale, bank reserves decrease, and the money supply is likely to decrease.

<h3>Open market operations</h3>

The Federal Reserve (the Fed) uses "open market operations" (OMO) to refer to the process of buying and selling U.S. Treasury securities as well as other securities on the open market in order to manage the amount of cash kept in reserve by U.S. banks. The Fed purchases and sells Treasury securities in order to increase the quantity of money in circulation and to decrease long-term interest rates.

The U.S. Federal Reserve uses open market operations to control the amount of money in circulation by buying and selling bonds and other securities. The Fed can utilize these transactions to increase or reduce the amount of money in the banking system and to raise or lower short-term interest rates, depending on the objectives of its monetary policy.

Learn more about open market operation here:

brainly.com/question/16260032

#SPJ4

8 0
2 years ago
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