« previous next »

Author Question: Use the following information to calculate net sales: Gross Sales, 350,000; Sales Returns and ... (Read 283 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 24, 2018
Use the following information to calculate net sales: Gross Sales, 350,000; Sales Returns and Allowances, 22,800; Sales Discounts, 45,700; Merchandise Inventory, January 1, 2012, 77,100; Merchandise Inventory, December 31, 2012, 62,900; Net Purchases, 99,200; Freight In, 1,700; Salaries, 71,800; Rent, 26,600; Utilities, 1,225; Insurance, 3,195; and Income Tax, 15,900

Question 2

Solve the problem, rounding final decimals and percents to tenths if necessary. What is the rate of change if your salary increases from 23,500 to 24,500?


jazzlynnnnn

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 24, 2018
Answer to Question 1

281,500

Answer to Question 2

4.3


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus Examining the survivorship curve of a Dall mountain sheep population reveals information on the caus
Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui Urinometer. In this procedure, a urine sample and urinometer are placed within a tube, and the liqui
Gross food? Or an American MASTERPIECE? Gross food? Or an American MASTERPIECE?
How to calculate mortgage payments (Question 2 of 2) How to calculate mortgage payments (Question 2 of 2)
Fluency with Information Technology: Skills, Concepts, and Capabilities Fluency with Information Technology: Skills, Concepts, and Capabilities
How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree? How to calculate the gain and loss gene numbers with low bootstrap of phylogenetic tree?
Video: Properties of water -structure of water and polarity (Ionized and polar compounds)

For a complete list of videos, visit our video library