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Author Question: In the statement: If we add Kmart to our distribution system, our dollar sales will go up by 2 ... (Read 58 times)

Anajune7

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  • Posts: 574
on: Jun 29, 2018
In the statement: If we add Kmart to our distribution system, our dollar sales will go up by 2 million next year, what is the dependent variable?
 a. Dollar sales
 b. Kmart
 c. Distribution system
 d. Year

Question 2

Which of the following is incorrect regarding the income statement (profit and loss statement)?
 a. The IRS provides tax breaks for shrinkage.
 b. Promotional allowances come under other income for a grocery store.
 c. Operating expenses does not include cost of goods sold.
 d. Gross sales less returns and allowances represents the actual sales made.
 e. Net profit is known as line above the bottom.


kardosa007

  • Sr. Member
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Reply #1 on: Jun 29, 2018
Answer to Question 1

a

Answer to Question 2

e


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