This topic contains a solution. Click here to go to the answer

Author Question: Hispanics are the most affluent of any demographic group and thus significant to the fashion ... (Read 56 times)

s.tung

  • Hero Member
  • *****
  • Posts: 577
Hispanics are the most affluent of any demographic group and thus significant to the fashion industry.
 
  a. True
  b. False

Question 2

Use a skeletal statement format to calculate profit/loss percent, given:
  Gross sales 583,260
  Customer returns & allowances 32,662
  Gross margin 51.8
  Expenses 277,049
 
  a. Profit 1.48
  b. Loss 3.07
  c. Loss 1.37
  d. Profit 1.40



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

diesoon

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

b
Asians are the most affluent.

Answer to Question 2

a. Profit 1.48




s.tung

  • Member
  • Posts: 577
Reply 2 on: Sep 11, 2018
Excellent


dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

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.

For a complete list of videos, visit our video library