[Answered] Executive Jewelry has assets worth 904,980 and it owes creditors 289,310. Find the equity of the ...

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Author Question: Executive Jewelry has assets worth 904,980 and it owes creditors 289,310. Find the equity of the ... (Read 124 times)

ss2343

Hero Member
Posts: 548

on: Jun 24, 2018

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?

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Zack0mack0101@yahoo.com

Sr. Member
Posts: 341

Reply #1 on: Jun 24, 2018

Answer to Question 1

615,670

Answer to Question 2

601,360

ss2343

Member
Posts: 548

Reply 2 on: Jun 24, 2018

YES! Correct, THANKS for helping me on my review

sultansheikh

Member
Posts: 335

Reply 3 on: Yesterday

Gracias!

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