This topic contains a solution. Click here to go to the answer

Author Question: Executive Jewelry has assets worth 904,980 and it owes creditors 289,310. Find the equity of the ... (Read 72 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
Executive Jewelry has assets worth 904,980 and it owes creditors 289,310. Find the equity of the business.

Question 2

A furniture store had net sales of 1,404,600 during the year. The cost of the goods sold during this period was 803,240. What was the furniture store's gross profit for the year?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zack0mack0101@yahoo.com

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

615,670

Answer to Question 2

601,360




ss2343

  • Member
  • Posts: 548
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

For a complete list of videos, visit our video library