[Answered] On an income statement, which of the following is subtracted from revenue to find net sales? A) cost ...

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

Author Question: On an income statement, which of the following is subtracted from revenue to find net sales? A) cost ... (Read 80 times)

bclement10

Hero Member
Posts: 560

on: Jun 24, 2018

On an income statement, which of the following is subtracted from revenue to find net sales?
A) cost of goods sold
B) sales returns and allowances
C) operating expenses
D) salaries and wages

Question 2

What are 3 common wage and salary increases?

Need homework help now?

Ask unlimited questions for free

Ask a Question

Marked as best answer by a Subject Expert

yotaSR5

Sr. Member
Posts: 331

Reply #1 on: Jun 24, 2018

Answer to Question 1

B

Answer to Question 2

Cost-of-Living Adjustments, bonuses, profit sharing

bclement10

Member
Posts: 560

Reply 2 on: Jun 24, 2018

TYSM

raenoj

Member
Posts: 340

Reply 3 on: Yesterday

Thanks for the timely response, appreciate it

« previous next »

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.