A company's gross margin reported on the income statement is not affected by the inventory cost flow method it uses. True/False

Answers

Answer 1

" A company's gross margin reported on the income statement is not affected by the inventory cost flow method it uses." This statement is True.

Inventory refers to all of the items, items, merchandise, and substances held by using a business for promotion within the market to earn a profit. instance: If a newspaper seller makes use of a car to deliver newspapers to the clients, best the newspaper might be considered stock. The car will be treated as an asset. inventory is the goods and substances a business acquires, produces, or manufactures, for the motive of producing, selling, or replacing. additionally known as buying and selling inventory.

stock is the raw substances used to supply goods in addition to the products which might be available on the market. Its miles are categorized as a cutting-edge asset on an employer's stability sheet. The three types of stock consist of raw substances, work-in-development, and completed goods.

Learn more about inventory here: https://brainly.com/question/24868116

#SPJ4


Related Questions

mercury incorporated purchased equipment in 2022 at a cost of $400,000. the equipment was expected to produce 700,000 units over the next five years and have a residual value of $50,000. the equipment was sold for $210,000 part way through 2024. actual production in each year was: 2022= 100,000 units; 2023 - 160,000 units; 2021 = 80,000 units. Mercury uses units-of-production depreciation, and all depreciation has been recorded through the disposal date. Required: 1. Calculate the gain or loss on the sale. 2. Prepare the journal entry to record the sale. 3. Assuming that the equipment was instead sold for $245,000, calculate the gain or loss on the sale. 4. Prepare the journal entry to record the sale in requirement 3. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the journal entry to record the sale. (If no entry is required for a transaction/event, select "No journal entry required" in the fir account field. Do not round intermediate calculations.) View transaction list View journal entry worksheet No Event General Journal Debit Credit 1 Cash Accumulated depreciation equipment 210,000 170,000

Answers

As per the information provided, we can compute the question as follows:

By using the formula,

Annual depreciation rate under Units of production = Depreciable amount/expected overall production

It is given that,

Purchase value is $400,000

Residual value is $50,000

Expected production is 700,000 units

Depreciable Amount = $(400,000 - 50,000)

= $350,000

Annual depreciation rate

[tex] = \frac{350,000}{700,000}[/tex]

= $0.50

Hence, the Accumulated depreciation from 2019 to 2021 = (100,000 + 160,000 + 80,000) × $0.50

= $170,000

Now by using the formula,

Book value of asset = Cost price - Accumulated depreciation

= $400,000 - $170,000

= $230,000

Now, further solving by using the formula

Loss on sale of equipment = Book value - Sales price

= $230,000 - $210,000

= $20,000

The journal entry that is to recorded for the sale being:

Cash $210,000 (debit)

Accumulated Depreciation $170,000 (debit)

Loss on sale $20,000 (debit)

Equipment $400,000 (credit)

To learn more about depreciation: https://brainly.com/question/1203926

#SPJ4

Jared has been working in his company's foreign subsidiary as a plant manager for five years. He decides to move back to his home country for personal reasons and his company starts the process of bringing him and his family back home. The company also provides Jared with career counselling in case he decides to look for a new job on his return. In this context, Jared is involved in the _____ step of managing the human resources of global business.
repatriation

Answers

Jared has spent the last five years managing a facility for the overseas division of his company. He makes the decision to return to his own country for private reasons, and his employer begins the process of relocating him and his family.

Briefing:-

In case Jared decides to hunt for a new job upon his return, the company also offers career counseling. In this situation, Jared is a part of the repatriation phase of managing the human resources of a multinational corporation.

Which of the following is a benefit of hiring foreign nationals for global subsidiaries?

A foreign employee enables the parent business to have close control over the overseas subsidiary.

Which of the following is the balance sheet approach's main goal when compensating foreign managers?

To make sure employees can keep their purchasing power while on a short-term international assignment, the balance sheet method to expatriate remuneration is implemented.

To Know more about repatriation

https://brainly.com/question/29417883

#SPJ4

Projects that involve a choice among competing alternatives, where selection of one project implies rejection of all the other alternatives, are ____Screening projects Preference projects Mutually exclusive projects Independent projects

Answers

Projects that involve a choice among competing alternatives, where a selection of one project implies the rejection of all the other alternatives, are mutually exclusive projects. The correct option is c.

When are the projects mutually exclusive?

Mutually exclusive projects are when accepting one investment means rejecting others, even though the latter standing alone may pass muster as good investments, that is to have a positive NPV and a high IRR. There are two causes for the loss of project independence. For Instance, assuming a company has a budget of $60,000 for expansion projects. If available Projects E and F each cost $50,000 and Project G costs only $10,000, then Projects A and B are mutually exclusive.

If the company pursues E, it cannot also afford to pursue F and vice versa.

Learn more about projects, here:

https://brainly.com/question/17327488

#SPJ1

when companies are overly focused on production and are inefficient, -marketing frequently costs too much.

Answers

When companies are overly focused on production and are inefficient, -marketing frequently costs too much.

What is marketing?Marketing is the  set of activities, institutions and processes for creating, communicating, delivering and exchanging offers of value to customers, clients, partners and society at large.The 4 P's of marketing (product, price, location and promotion) are often referred to as the marketing mix. These are important factors involved in planning and marketing a product or service, and they greatly influence each other.In short, actions taken to draw attention to a company's offering. This could be the physical goods you sell or the services you provide. Common examples of workplace marketing  include TV commercials, roadside billboards, and magazine ads. The main purpose of marketing is to get people interested in a company's products and services. This is done through market analysis, research, examining the interests of the company's ideal customers and engaging them through messages that are educational and helpful to the company's target audience.

To learn more about marketing from the given link :

https://brainly.com/question/13414268

#SPJ4

Key performance indicators (KPIs) for social media are analogous to traditional measures for advertising effectiveness. True/False

Answers

True , Key performance indicators (KPIs) for social media are analogous to traditional measures for advertising effectiveness.

What is the effectiveness of advertisements?

the extent to which an advertisement's or marketing campaign's goals were met; effectiveness is frequently assessed by examining how it affected sales, brand awareness ,brand preference, etc. View: The Impact of Advertising on Communication Effect of advertising on sales.

How is the efficacy of advertising assessed?

Survey evaluation

Obtaining survey data offers vital insights into the success of advertising campaigns. You can use certain questions that will aid you when you poll your audience regarding your advertising campaign: Tell how many people noticed your advertisement. What did the audience think of the advertisement?

To know more about  advertising effectiveness visit :

https://brainly.com/question/9727242

#SPJ4

Which one of the following is NOT a way to improve the S/Q rating of branded pairs produced at a particular production facility? Increasing Best Practices Training expenditures per worker Increasing expenditures for fringe benefit packages for production workers Increasing expenditures for TQM/Six Sigma programs Increasing expenditures for enhanced styling/features Increasing the percentage use of superior materials

Answers

The one that is NOT a way to improve the S/Q rating of branded pairs produced at a particular production facility is option B. Increasing expenditures for fringe benefit packages for production workers.

What is an S/Q rating?

The International Footwear Federation, a well- recognized consumer group, rates the styling and quality of the footwear of all competitors and attributes a styling-quality or S/Q rating of 0 to 10 stars to each organization's branded footwear offerings.

Therefore, the correct answer is as given above. Increasing expenditures for fringe benefit packages for production workers is not a means to improve the S/Q rating of branded pairs produced at a particular production facility.

learn more about S/Q ratings: https://brainly.com/question/29648107

#SPJ1

The term ___ tends to be used as a catchall for any type of advertising run for the direct benefit of a company rather than for its products or services.

Answers

Corporate advertising is the term used as a catchall for any type of advertising run for the direct benefit of a company rather than for its products or services.

What is Corporate advertising?

Corporate advertising is a form of advertising that aims to build a company's reputation among customers and other businesspeople while also generating interest in the goods and services it offers.

Image advertising, opinion advertising, and investment advertising are a few examples of the various kinds of business advertising. Because the labels used can frequently be inconsistent, figuring out an advertising campaign's aim is frequently the simplest method to discern between the different sorts.

In contrast to typical advertisements, corporate advertising concentrates on enhancing the company's overall reputation, much like public relations.

The majority of the literature seems to indicate that corporate advertising has been effective in promoting brand identity, goods and services, and corporate position statements (advocacy and issues) to a range of audiences.

To learn more on Corporate advertising from the link:

https://brainly.com/question/14227079

#SPJ4

a rate variance for direct labor measures how well a company keeps unit prices of labor inputs within standards.

Answers

Answer:

this is not a question

Explanation:

please add a question that this platform will be able to help you with

the variable overhead efficiency variance measures the change in variable overhead consumption due to efficient or inefficient use of the activity driver used to assign overhead costs to products. t/f

Answers

It is true that the variable overhead efficiency variance measures the change in variable overhead consumption due to efficient or inefficient use of the activity driver used to assign overhead costs to products.

The term "variable overhead efficiency variance" refers to both the impact of the discrepancy between the actual manufacturing time and the projected manufacturing time. Variations in productive efficiency are the cause of it.

For instance, the actual number of labor hours required to produce a specific quantity of a product could be somewhat different from the expected or budgeted number of hours. One of the two parts of the total variable overhead variance is the variance in variable overhead efficiency; the other is the variance in variable overhead spending.

Variable overhead efficiency variance is expressed numerically as follows:

Where: VOEV=(ALHBLH)Hourly Rate

Variable overhead efficiency variance is VOEV.

Actual labor hours (ALH)

Budgeted labor hours = BLH

Hourly Rate = Overhead Rate for Standard Variable

Know more about variable overhead here:

https://brainly.com/question/22984161

#SPJ4

FILL IN THE BLANK. a financial services advertisement targets busy professional parents by showing them in a variety of situations during a typical frantic day. this is an example of a____execution.

Answers

A financial services advertisement targets busy professional parents by showing them in a variety of situations during a typical frantic day. this is an example of a integrated marketing communication execution.

What do you mean by the target market?

A target market is a collection of potential buyers who you identify in order to market your goods or services to. Each group can be split up into more compact units. Typically, segments are categorized according to age, region, income, and lifestyle.

The particular demographic you wish to reach with your marketing message is known as a target market. They are the people who are most likely to purchase your goods or services, and they share some traits like behaviors and demographics.

Knowing your target market will assist you locate possible customers that are interested in what you have to offer. If you know who your target market is, you can focus your marketing efforts there and know what kind of offers will be appealing to them.

Therefore, a financial services advertisement targets busy professional parents by showing them in a variety of situations during a typical frantic day. this is an example of a integrated marketing communication execution.

To know more about the target market, visit:

https://brainly.com/question/13363009

#SPJ1

Which of the following is the first step toward reducing the probability of a trust-destroying conflict?A. Give a clear product descriptionB. Define who has the authority to do what within the selling and buying organizationsC. Document any changes made to the contractD. Ignore complaints from the buying centerE. Dissolve the relationship

Answers

Document any changes made to the contract  is the first step toward reducing the probability of a trust-destroying conflict.

To fully demolish someone's life or place them in an intolerable condition is the definition of destruction. If I had been more inexperienced or younger, the criticism would have devastated me. Trust can be undermined or trust-destroyed in a number of ways. Trust is damaged when someone laughs at you rather than with you, when you talk about each other behind each other's backs, when you gossip, or when you openly support the behavior of another person. Trust is damaged by displays of disinterest or disrespect as well as by a refusal to reciprocate an openness. According to Psalm 5, the LORD will hate the murdering and cunning man, and you must eliminate everyone who uses the leasing language. Destroy them and let them suffer in accordance with their own plans since they have rebelled against you.

Learn more about trust from

brainly.com/question/8899872

#SPJ4

In a bullseye chart, the amount by which actual unemployment and inflation differ from the Fed's target rates is
A. Represented by the center of the red dot
B. Found by drawing a triangle linking the center to two red dots
C. Found by looking at the position of the red dot relative to the center
D. Represented by the center of the bullseye

Answers

The amount by which actual unemployment and inflation differ from the Fed's target rates is found by looking at the position of the red dot relative to the center that is option C is correct.

A bullseye chart is referred to as the chart that is used to represent the variables that are continuous as well quantitative. These variables are very easily represented on the bullseye chart. Different circles is drawn with different sections. Each section of the circle represents a certain point or it represents certain values. Any variable to be measured are represented as red dots on the charts which lie on the certain region of the circle and its value is measured relative to the center or the bulls eye that represents the highest value. The unemployment and inflation can also be measured by using the bullseye chart.

Learn more about Bullseye chart at:

brainly.com/question/12568582

#SPJ4

A government that relies on seignorage to finance excess government expenditures is the foundation for the quote: a. "Velocity growth should be equal to 2 percent in the long run."b. "Inflation is always and everywhere a fiscal phenomenon." d. "Inflation is always zero in the long run."e. "Inflation is always and everywhere a monetary phenomenon."

Answers

A government that relies on seignories to finance excess government expenditures is  Inflation is always and everywhere a fiscal phenomenon.

Federal government spending involves everything from Social Security and Medicare to military equipment, transportation maintenance, building construction, research, and education. Government expenditure is described as money spent by the public sector on the acquisition of products and provision of services such as education, healthcare, social protection, and defense. K–12 education, public welfare. higher education, health and hospitals, highways and roads, criminal justice, and housing make up the majority of state and local government spending. The two primary categories of these expenses are required and discretionary.

Learn more about government from

brainly.com/question/29553610

#SPJ4

What are the factors of capital formation?

Answers

Savings Volume, Savings Capacity, Savings Willingness, Public Sector Enterprise Profit, Market Conditions, Investment Facilities, Modifying Income Taxation Policies, Monetary Policy.

In a corporation, what exactly is capital?

A company's capital is the funds it has on hand to cover both its ongoing expenses and potential future expansion. Cash management, debt, equity, and trade capital are the four main categories of capital. Stock brokers and other financial entities employ trading capital.

Does "capital" imply money?

The term "capital" in corporate and commercial finance refers to everything that a company or business owner may employ to create greater value. Currency and other assets, including investments, real estate, financial securities, and copyrights, are sometimes referred to as capital.

To know more about Capital visit:

https://brainly.com/question/14226166

#SPJ4

Which of the following most likely would NOT be considered as an inherent
limitation of the effectiveness of a firm's internal control?
A. Incompatible duties.
B. Management
override.
C. Mistakes in
judgment.
D. Collusion among
employees.

Answers

Incompatible duties would not be considered as an inherent limitation of the effectiveness of a firm's internal control. So, the correct answer is option A.

Internal controls are meant to detect issues, stop errors and anomalies, and make sure that the right steps are done to fix them. Due to the fact that controls are ingrained in operations, process owners within your department frequently carry out controls and interact with the control structure on a regular basis.

Internal controls are formed from how management conducts an activity or performs a task and are incorporated into the management process. Despite the fact that all University departments must use the same components, small and medium-sized departments may choose to implement them differently from major departments. They work as a unit to offer a reassuring guarantee that the overall set aims and goals are accomplished.

To know more about Internal control visit:

https://brainly.com/question/13678245

#SPJ4

T/F listening effectiveness is positively associated with customer satisfaction but negatively related to employee job satisfaction.

Answers

Customer satisfaction is favorably correlated with listening effectiveness, however employee job satisfaction is negatively correlated.

What are the listening's effectiveness ?

Effective listening develops strong ties, dedication, and trust by demonstrating concern for subordinates. Effective listening has the tendency to lessen the occurrence of interpersonal conflict and raises the possibility that disputes will be settled by "win-win" means when they do arise.

According to the given Information

It was discovered that listening has a more direct influence on job satisfaction. The results show that both leadership styles can promote employee happiness at work.

We demonstrate that active listening boosts customer satisfaction using scenario-based experiments. Additionally, we discover that active listening encourages clients' views of preferential treatment, which increase client satisfaction.

Customer satisfaction is favorably correlated with listening effectiveness, however employee job satisfaction is negatively correlated.

To know more about Listening Effectiveness

https://brainly.com/question/6532183

#SPJ4

u.s. gaap and ifrs treat research costs as a(n) FITB , whereas for ifrs, development costs are treated as a(n) FITB .

Answers

Research expenses are expensed under IFRS (IAS 382), similar to US GAAP. Contrary to US GAAP, IFRS has broad-based guidance that, when certain requirements are met, compels companies to capitalize on development costs, including internal costs.

What are the main distinctions between IFRS and US GAAP?

The main distinction between the two accounting systems is that GAAP is based on rules, whereas IFRS is based on principles. This discrepancy turns up in particular details and interpretations. In general, IFRS guidelines give much less information overall than GAAP.

According to IFRS, assets are reported in increasing order of liquidity, whereas US GAAP lists assets in decreasing order of liquidity (current assets come before non-current assets) (i.e. non-current assets before current assets).

Therefore, According to GAAP regulations, expenses for R&D must be recorded as they are incurred.

Learn more about US GAAP from the given link.

https://brainly.com/question/16029218

#SPJ4

Flounder Company purchased merchandise on account from a supplier for $32,100, terms 2/10, n/30. Flounder Company returned $8,600 of the merchandise and received full credit.a. If Flounder Company pays the invoice within the discount period, what is the amount of cash required for the payment? EE 6-2 p. 288 SHOW ME HOWb. What account is credited by Flounder Company to record the return?

Answers

Account credited by Flounder Company to record the return would be $23,030.

The terms 2/10, n/30 means that if the amount is paid in maximum 10 days, the client will receive a 2% discount. If he/she doesn't make the payment in this period, the total amount has to be paid within 30 days.

As Flounder Company returned merchandise with an invoice amount of $8,600, you have to subtract this amount from the initial value of the merchandise they purchased:

$32,100-$8,600= $23,500

Then, you have to calculate the 2% discount they will get from the $23,500 for paying the invoice within the discount period:

$23,500*2%= $470

$23,500-$470= $23,030

According to this, the answer is that the amount of cash required for the payment is $23,030.

To see more explanations on how to calculate amount of cash required for the payment, visit - https://brainly.com/question/16866922

#SPJ4

assume that investors can invest in a risk-free asset and more than 2 risky assets. which of the following statements is correct, according to portfolio theory?all investors, regardless of risk aversion levels, will choose optimal complete portfolios on the same capital allocation line.the optimal risky portfolio for all investors should have the lowest volatility.if an investor is more risk averse, he would allocate a smaller fraction of his entire complete portfolio to the risk-free asset.if an investor is more risk averse, he would choose the risky portfolio with a lower volatility.

Answers

assume that investors can invest in a risk-free asset and more than 2 risky assets.  statements is correct, according to portfolio theory correct statements is if an investor is more risk averse, he would choose the risky portfolio with a lower volatility.

What exactly are risk-free assets?

Assets with a guaranteed future return and almost no chance of declining in value or losing all of their value are said to be risk-free. Since investors don't need to be compensated for taking a gamble because risk-free products are safe, their rates of return are often low. The risk-free rate of return, most commonly abbreviated as the "risk-free rate," is the rate of return on a fictitious investment with predetermined payments over a certain amount of time that is expected to fulfil all financial obligations.

To know more about risk-free assets visit:

https://brainly.com/question/22597610

#SPJ4

In today's global economy, firms must decide
where to locate productive activities
what the long-term strategic role of foreign production sites should be
whether to own foreign production activities or outsource those activities
how to manage a globally dispersed supply chain and what the role of Internet-based information technology should be in the management of global logistics whether to manage global logistics or outsource

Answers

Global Production, Outsourcing, and Logistics.

How can production and logistics be conducted internationally to

1. lower the costs of value creation

2. add value by better serving customer needs?

Production refers to activities involved in creating a product

Logistics refers to the procurement and physical transmission of material through the supply chain, from suppliers to customer.

Where should production activities be located?

When deciding where to locate production facilities, firms must consider

country factors

technological factors

product factors

What is country factors?

Firms should locate manufacturing activities where economic, political, and cultural conditions, including relative factor costs, are most conducive to the performance of that activity

Regulations affecting FDI and trade can significantly affect the appropriateness of specific countries, as can expectations about future exchange rate changes

What is technological  Factors?

The type of technology a firm uses in its manufacturing can affect location decisions

Firms should consider

1.The level of fixed costs involved

2.The minimum efficient scale of the technology

3.The flexibility of the technology

Global Production, Outsourcing, and Logistics has more factors and strategic is that Technological Factors, Product Factors, Locating Production Facilities ,The Strategic Role  of Foreign Factories,

Trade-Offs, Strategic Alliances with Suppliers, Managing a Global Supply Chain ,The Role of Just-in-Time Inventory and Information Technology and the Internet.

To know more about Global Production, Outsourcing, and Logistics ,check out();

https://brainly.com/question/29757682

#SPJ4

from your own experiences, provide an example of each: 1) consumption, 2) investment, 3) government purchases and 4) net exports.

Answers

To swallow it is to use it up. Invest: When anyone starts a factory, they are an investment. Govt spending on roads is all state spending. Net exports are what remain after subtracting the import value for exports.

Why do you use the word "investment"?

An asset or object acquired with the intention of creating revenue or recognition is referred to as an investment. A purchase of products that are not used straightaway but will be utilized to create wealth down the road is referred to as an investment in an economic view.

Briefing:

As is public knowledge, an economy's GDP measures the monetary worth of all the products and services produced during a given time period, like a year.

In an equation, GDP is written as:

GDP equals C+I+G+X-M

The total of these four is the aggregate demand.

To consume something is to use it up. For example, when we become unwell and see the doctor, we are using the doctor's services.

Investment: When someone builds a factory, he or she is making an investment.

The state collects money on things like roads, hospitals, schools, and welfare programs.

Net exports are what remain after subtracting the imports value from exports.

To know more about Investment visit:

https://brainly.com/question/25790997

#SPJ4

T/F sort the following groups of americans as to whether group members tend to support either the republican or the democratic party.

Answers

Republicans are slightly more likely to receive support from men than from women, and vice versa. - men- to put the Republican Party's top priorities of national security, fiscal responsibility, and the economy first.

What principles does the Republican Party uphold?

The Republican Party is well known for promoting right-leaning ideologies including libertarianism, social conservatism, and economic conservatism. Republicans therefore broadly support traditional values, little government meddling, and strong private sector support.

The South was the region of the country where Democratic-Republicans performed best, and many of the party's top figures were prosperous former slaveholders. The Democratic-Republicans also attracted Northerners from the middle class who were eager to oppose the local elite, including artisans, farmers, and low-level merchants.

Therefore, Democrat Party identification is more common among protesters.

Learn more about the democratic party from the given link.

https://brainly.com/question/14320124

#SPJ4

identify the correct treatment of recovered impairment losses relating to indefinite-life intangible assets under ifrs

Answers

They must be reversed is correct treatment of the recovered impairment losses relating to indefinite-life intangible assets under IFRS.

What is an intangible asset?

An asset without physical substance is said to be intangible. Examples include software as well as patents, copyright, franchises, goodwill, trademarks, and trade names. It can be quite challenging to value an intangible asset. Non-rivalry and non-excludability are common market failures that they experience. One potential factor in the discrepancy between "business value as per their accounting records" and "company value as per their market capitalization" may be intangible assets. It's critical to comprehend what an intangible asset is in an accountant's eyes in light of this argument. Therefore, it would seem that an intangible asset's lack of physical substance is a defining feature.

To learn more about intangible asset, visit:

https://brainly.com/question/14892188

#SPJ4

turnover measures a company's ability to use its assets to generate sales and is an important indication of operating efficiency. it is computed by taking net sales divided by average total assets. t/f

Answers

The turnover measure is a company's ability to use its assets to generate sales and is an important indication of operating efficiency. It is computed by taking net sales divided by average total assets. The statement is true.

Turnover is the number of employees who leave a company—either freely or involuntarily. A competitor may offer a raise, or a few staff members may have been let go for performing poorly, leading to turnover.

Employee turnover rate is frequently expressed as a percentage by businesses. It is determined by dividing the number of departing employees in a year (or other period) by the typical number of employees working for the company during that time.

To know more about turnover here

https://brainly.com/question/28192488

#SPJ4

A monopolistically competitive market consists of (_____ _____) seller(s), an oligopoly consists of (_____ _____) seller(s), and a monopoly consists of one seller.A) many; a fewB) many; oneC) a few; manyD) one; many

Answers

If we talk about monopoly market then it may be concluded that it consist of many sellers on thee other hand the market of oligopoly has few sellers.

In a monopolistic market, there is no competition, therefore the monopolist has total control over the price and quantity demanded. A monopoly's profit is maximized at the level of output where the marginal cost and marginal income are equal. The choice that will increase profits for the monopoly is the quantity of commodities produced at the point at which marginal revenue equals marginal cost, or when MR = MC. At certain output levels, MR > MC if the monopoly produces less, and the business can raise profits by doing so.

To know more about monopoly here

https://brainly.com/question/28177975

#SPJ4

exercise: the data set below lists sales to customers. depending on the gross sales amount of each order, the customer gets a discount according to the discount schedule to the right. the customer must also pay a shipping cost and tax, both based on the gross sales amount. use appropriate formulas to fill in columns e-g. hint: use appropriate relative and absolute addresses. note that the answers should be the dollar value of the discount/ shipping cost/ tax, not the percentage.

Answers

Gross sales is indeed a measure of a company's overall sales that is not cost-adjusted for those sales' production. The sum of all sale invoices or associated revenue transactions is used to determine the gross sales calculation.

Does revenue equal gross sales?

The total gross sales made by a corporation over a specific time period are referred to as gross revenue in accounting. It is the entire amount of money that the company got, with no deductions made for any charges. The difference between a firm's gross revenue and all of its costs, including fixed costs, is known as net revenue or net income.

How is gross sales revenue determined?

The gross income of a business is calculated as its sales income minus its cost of goods sold (COGS). If a corporation reported sales volume of $500,000 as well as the cost to produce those products was $100,000, its annual salary would be $400,000..

to know more about Gross sales visit:

https://brainly.com/question/12855869

#SPJ4

the branch of economics concerned with modes of production, distribution of benefits, social institutions, and class relationships.

Answers

The branch of economics concerned with modes of production, distribution of benefits, social institutions, and class relationships is pollution charges.

Social institutions are coherent systems of social roles and social norms organized around the satisfaction of important social needs or functions. Social institutions are organized patterns of beliefs and behaviors that address basic social needs.

A social institution is an interrelated system of social norms and social roles that organizes and directs patterns of behavior that contribute to the fulfillment of a society's basic social needs. For example, society needs legal, educational and economic systems.

They serve as the backbone of society. Without social institutions, a society cannot achieve economic, academic, or relational fulfillment. In the absence of rules and regulations in society, people are more likely to engage in crime and other harmful activities.

Learn more about Social institutions https://brainly.com/question/24171124

#SPJ4

in our lecture, the professor used coca-cola, airline tickets, and amazon purchases as examples of what type of pricing strategy?

Answers

The professor used Coca-Cola, airline tickets, and Amazon purchases as examples of pricing methods that make advantage of dynamic pricing throughout our presentation.

Define Price.

The sum of money that one party exchanges for goods or services from another is known as the price; it is almost never negative. Depending on the situation, the term "production cost" can take on many different meanings. If the item is a "good" in a business transaction, its price is likely to be referred to as such.

If the object is a "service," there will be various possible names for the name of this commodity. The price of a good is affected by the manufacturing costs, supply of the desired good, and consumer demand. The market may impose the price on the company, or a monopolist may determine the price.

To know more about prices visit:

https://brainly.com/question/19091385

#SPJ1

match each of the following characteristics or scenarios with either the term negative externality or the term positive externality. a. resources are overallocated: (click to select) b. tammy installs a very nice front garden, raising the property values of all the other houses on her block: (click to select)

Answers

a. Overallocation of resources: Negative externality. Overallocation of resources is an inefficient use of resources that results in a net social loss. This is an example of a negative externality because it results in the inefficient use of resources and a net social loss.

b. Tammy installs a very nice front garden, raising the property values of all the other houses on her block: Positive externality. Tammy's investment in her front garden creates a benefit for her neighbors as well, as it raises the value of their property. This is an example of a positive externality because it creates a benefit for those who are not directly involved in the investment.

c. Market demand curves are too far to the left (too low): Negative externality. A market with low demand is an inefficient market as resources are not being optimally allocated. This is an example of a negative externality because it leads to inefficient use of resources and a net social loss.

d. Underallocation of resources: Negative externality. Under allocation of resources is an inefficient use of resources that results in a net social loss. This is an example of a negative externality because it results in the inefficient use of resources and

For more questions like Negative externalities click the link below:

https://brainly.com/question/14816741

#SPJ4

Complete question:

Match each of the following characteristics or scenarios with either the term negative externality or the term positive externality.

a. Overallocation of resources: (Click to select)Positive externalityNegative externality.

b. Tammy installs a very nice front garden, raising the property values of all the other houses on her block: (Click to select)Negative externalityPositive externality.

c. Market demand curves are too far to the left (too low): (Click to select)Positive externalityNegative externality.

d. Underallocation of resources: (Click to select)Positive externalityNegative externality.

e. Water pollution from a factory forces neighbors to buy water purifiers: (Click to select)Negative externalityPositive externality.

Successful apps such as Groupon have increased sales of several low-profile restaurants. This is due to the use of:
A. coupons
B. packages
C. premiums
D. samples

Answers

Successful apps such as Groupon have increased sales of several low-profile restaurants. This is due to the use of coupons.

A coupon or coupon payment is the annual interest paid on a bond, expressed as a percentage of its face value, from the date of issue to maturity.

Few of the slang hunters that regularly come out of the Glaswegian tongue find the word 'voucher' instead of 'face'.

There are two types of coupons: manufacturer coupons and store coupons. Below are two examples of his coupons for the same product, but one from the manufacturer and one from the store.

Learn more about coupon https://brainly.com/question/27123871

#SPJ4

Other Questions
Identify the term that best describes the italicized words. The ancient Greeks believed that the more people learn, the less they know. correlative conjunctions coordinating conjunctions demonstrative pronouns possessive pronouns write the expression in exponential from 777777 a student holds a laser that emits light of wavelength 633.0 nm. the laser beam passes though a pair of slits separated by 0.200 mm, in a glass plate attached to the front of the laser. the beam then falls perpendicularly on a screen, creating an interference pattern on it. the student begins to walk directly toward the screen at 3.00 m/s. the central maximum on the screen is stationary. find the speed of the 50th-order maxima on the screen. Which of the following lines of poetry contains an example of alliteration? A.Whispering canyons of flowers moved aboutB. Forget me; move on through your dayC. Repeat the strange noise at onceD. The tall trees trembled in the tiny town Reset research into gender differences in mate preference shows that, in comparison to men, women show desire for partners who are intelligent, ambitious and have a high social status and interest in attractiveness. group of answer choices more; less less; more less; less more; more In which of the following settings of medical services in the United States does a medical practitioner work in relative isolation from colleagues?A) Group outpatient settingsB) Hospital settingsC) Public health servicesD) Physicians in private practice the geocentric theory states that the center of the universe is earth. the sun. the moon. jupiter.; how did he actually slow scientific progress in western europe; which scientist is best known for presenting new observations on empiricism and inductive reasoning?; what were the natural laws that scientists sought; where did the ideas that influenced the scientific revolution come from?; what changes resulted from the scientific revolution?; robert boyle; johannes kepler Assuming that a decedent left no valid last will and testament, which one of the following assets will pass by the laws of intestate succession?A)Assets held by the decedent and his spouse as community property in a community property state that were designated community property by a nuptial agreementB)Assets placed in an inter vivos irrevocable trust in which the decedent/grantor was the sole income beneficiary and the decedent's children were the remainder beneficiariesC)A money market account at his bank that was held in the decedent's name that was payable on death (P.O.D.) in favor of his spouseD)A life insurance policy on the decedent/grantor's life placed into an irrevocable life insurance trust (ILIT) for the benefit of the decedent's children two years before the decedent's death studies of infantile amnesia suggest that the emergence of contributes to the end of infantile amnesia. group of answer choices a clear self-image theory of mind automization implicit memory which of the following statements is not true? multiple choice modern composers drew inspiration from a wider historical range of music. the range of musical styles during the first half of the twentieth century was vast. composers in the early twentieth century drew inspiration only from serious art music and their own intellect, ignoring popular and folk music. western composers were more receptive and sympathetic to asian and african cultures. ada has decided to participate in a program that will teach her how to recognize stressful events, develop skills for coping with them by focusing on a specific technique, such as relaxation or assertiveness training, and then put these skills into practice. ada is signing up for a(n) program. T/F in building positive student attitudes among students with learning disabilities, a teacher should do all but which of the following? Suppose the value of b is false and the value of x is 0. What is the value of each of the following expressions? a. b && x = = 0 b. b || x = = 0 c. !b && x = = 0 d. !b || x = = 0 e. b && x != 0 the psychologist carol gilligan upended the belief that men and women think in radically different ways when making moral decisions when she argued that men and women think in exactly the same ways about morality. true false During which stage(s) of plant seed germination (see model below) is cellular respiration required to supply all plant cells with the ATP required to fuel growth and development? Select ALL that apply: stages of seed germination 3[ A B C D E Stage A Stage B Stage C Stage D Stage E Which of the following best defines the term budget deficit? Select the correct answer below: A budget deficit is more likely during an economic boom when tax revenues increase due to increased economic activity. A budget deficit is a financial situation in which the government receives more money in taxes than it spends in a year. O A budget deficit is a financial situation in which the federal government spends more money than it receives in taxes in a given year. O A budget deficit decreases the level of aggregate demand. "What key points does Kennedy make in his ""Inaugural Address""?Select the two correct answers. - The United States will benefit most by increasing its military force to combat poverty.- Americans have the responsibility to give of themselves to improve society. - Pursuing a global alliance to prevent war may compromise America's core values. - With cooperation, the United States and its allies can work to secure freedom for all. " What steps would you take if you wanted to adjust the outline of a rectangle shape that has already been inserted into your worksheet?A) 1) Click the shape. 2) Click (Drawing Tools) Format. 3) In the Shape Outline group, change the settings.B) 1) Click the shape. 2) Click Home (tab) --> Font (group) --> Fill ColorC) 1) Click the shape. 2) Click (Drawing Tools) Format. 3) In the Shape Styles group, select a different outline.D) 1) Click the shape. 2) Hold shift while pressing the up/down arrow keys to increase/decrease the size of the outline. write a detailed project proposal on the dissemination of information and prevention of HIV prevence and incidence among students given a class window, with integer data members width, height, xpos, and ypos, write the following two constructors: a constructor accepting 4 integer arguments: width, height, horizontal position, and vertical position (in that order), that are used to initialize the corresponding members. a constructor accepting 2 integer arguments: width and height (in that order), that are used to initialize the corresponding members. the xpos and ypos members should be initialized to 0.