Author Question: Use the following information to calculate net sales: Gross Sales, 350,000; Sales Returns and ... (Read 306 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
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
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
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library