« previous next »

Author Question: A retailer pays taxes on its: a. gross margin before taxes. b. net profit before taxes. c. net ... (Read 54 times)

Mr3Hunna

  • Hero Member
  • *****
  • Posts: 536
on: Jun 29, 2018
A retailer pays taxes on its:
 a. gross margin before taxes.
  b. net profit before taxes.
  c. net sales before taxes.
  d. gross sales before taxes.
  e. operating profit before taxes.

Question 2

Which of the following items would NOT be included on the balance sheet but would BE on the income statement?
 a. Noncurrent assets
  b. Cost of goods sold
  c. Current liabilities
  d. Net worth
  e. Accounts receivable


Jadwiga9

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Everyone has one nostril that is larger than the other.

Gross food? Or an American MASTERPIECE? Gross food? Or an American MASTERPIECE?
Alveolar margin of the Maxilla Alveolar margin of the Maxilla
Gross anatomy of the heart Gross anatomy of the heart
Gross anatomy of the male reproductive organs Gross anatomy of the male reproductive organs
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Remote satellite monitoring of gross primary productivity across the United States. The differences Remote satellite monitoring of gross primary productivity across the United States. The differences
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library