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 28 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
:D TYSM


adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

For a complete list of videos, visit our video library