Net sales, also known as revenue or net revenue, is calculated by subtracting sales discounts and sales returns and allowances from total sales.
What is Sales discounts?Sales discounts are reductions in the selling price granted to customers as an incentive for prompt payment or other reasons. Sales returns and allowances represent refunds or price adjustments granted to customers for returned or damaged goods, or other reasons.
By subtracting these deductions from total sales, the resulting figure represents the actual revenue generated by the company after accounting for these adjustments and is known as net sales. Net sales provides a more accurate representation of the company's true sales performance.
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A debtor owes $850 and is declared bankrupt. He is, however able to pay $0.40 on every dollar owed. How will his payment be recorded?
a. DR CASH $850 CR DEBTOR $850
b. DR CASH $340 CR DEBTOR 340
c. DR DEBTOR $850 CR CASH $850
d. DR DEBTOR $340 CR CASH $340
Answer:
BIT B IS THE CORRECT ANSWER
Explanation:
AS IT IS GIVEN IN QUESTION THAT THE DEBTOR IS ABLE TO PAY $0.40 ON PER DOLLAR.
WHICH MEANS BUSINESS RECEIVED 850×0.40/100 =$340
THE DEBTOR PAID $340
THE JOURNAL ENTRY IS
CASH A/C DR $340
BADDEBTS A/C DR $340
TO DEBTOR A/C $680
THIS IS THE CORRECT ANSWER BUT IT'S NOT IN THE OPTION THAT'S WHY ANSWER IS BIT B) .
THANK YOU
Which of the following motivational theories represents the claim that individuals are motivated by the expected outcomes of situations?
A.
expectancy theory
B.
incentive theory
C.
intrinsic motivation
D.
Maslow's hierarchy
Answer:
Option A (expectancy theory) would be the appropriate approach.
Explanation:
The principle of expectancy remains based on the assumption that success is created by the commitment and success yields desired results. Good values or role models some of which have worked tirelessly to better their results, and are then praised with this kind of effort, can raise motivation throughout this sense.Some other options offered weren’t relevant to something like the scenario presented. So, the alternative here was the right one.
Answer:
a
Explanation:
right on edge 2020
A password that contains full sentences or lines from a favorite movie or book is called a
•catchphrase
•moviebook
•passbook
•passphase
Answer:
passphrase is the correct answer
Answer: passphrase
Explanation:
I did the exam
what documents and information will Bryce need to see in order to help Carrie create a personal budget?
Answer:
her income statement
Explanation:
It is important to note that before any budget can be drafted one needs to calculate the total amount of their regular income source.
Hence, Byce needs to see the income statement like the paycheck of Carrie before he can assist her in creating a personal budget.
Last month, Tech Industries sold its product for $50 per unit. Fixed production costs were $25,000, and variable production costs amounted to $10.50 per unit. Fixed selling and administrative costs totaled $15,000, and variable selling and administrative costs amount to $2.00 per unit. Tech Industries produced and sold 5,000 units last month.
Answer:
Operating profit = $147,500
Explanation:
Missing question is "What is the total operating profit?
Operating profit = Sale unit(Selling price - Variable Cost) - Fixed expenses
Operating profit = 5,000 * ($50 - $10.50 - $2.00) - $25,000 - $15,000
Operating profit = 5,000*$37.5 - $40,000
Operating profit = $187,500 - $40,000
Operating profit = $147,500
Hey yall can yall cheer me up for a seek i miss my mommy in she said we was leaving my granny house today in look im still here
Answer:
Stay Strong!
Explanation:
You got ittt! Cry A Bit , then come back harder! LOVE KEN!!!
50 POINTS
If (it) management does not "buy-in" to the plan, what might happen?
a. reduce confidence
b. nothing will change
c. increase confidence
d. management will be fired
Answer:
reduce confidence
Explanation:
i got it right on odyssey
(this is not a question but Im just saying this because it may be important)
Im part of this group and I ask question when I need help with my homework but today I ask some questions and the question that I ask were all wrong ya'll are not smart ya'll are wrong I got a 40% on my homework ya'll are lying with the answers some of ya'll put ''I took the quiz" and I always read that and I said oh that's the correct answer and that's not true if you want to help other people do it correctly and Im really mad at this ya'll better change.
Answer:
instead of asking just search it up this is what i do
Explanation:
Answer:
You are just asking the wrong people
Someone please help me, I’ll give you brainliest
Which examples demonstrate workplaces and employers common to Business Analysis workers? Check all that apply.
A.Jade is the leader of her company and often travels to conventions all over the world, so she is not often in her main office.
B.Margot works in various offices for short-term contracts to analyze companies’ budgets and advise them on how to save money.
C.Omar is self-employed and works from home using mathematical models to analyze and solve companies’ financial problems.
D.Grant sits at the front desk of a company to greet and welcome visitors.
Answer:
B.) Margot works in various offices for short-term contracts to analyze companies’ budgets and advise them on how to save money.
C.) Omar is self-employed and works from home using mathematical models to analyze and solve companies’ financial problems.
Explanation:
Business Analysis workers normally work in office environments. They sit at desks, attend meetings, and use computers. They often sit for many hours in a row.
Self-employed workers may travel to different offices depending on the company they are providing services for at the time.
We are required to mention which examples demonstrate workplaces and employers common to Business Analysis workers.
The examples which demonstrate workplaces and employers common to Business Analysis workers are:
Margot works in various offices for short-term contracts to analyze companies’ budgets and advise them on how to save money.Omar is self-employed and works from home using mathematical models to analyze and solve companies’ financial problems.Business analysis is the research or study about the problem facing a business and and finding a solution to the problem.
Business analysis workers are individuals who engage in business analysis. That is, they analyse information about a company regarding a particular problem and find a solution to the problem.Read more:
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Which of the following is a country which operates under a traditional economy?
O North Korea
O Cuba
O Ecuador
O Sweden
Answer:
Dont worry about me, I just added this answer so the other person can get their brainliest because they definetly deserve it
Answer:
The answer is Ecuador :)
Does the mass of an object dictate the acceleration of
a falling object
Answer:
no mass does not affect the acceleration of the falling object.
Isaiah is a Financial Quantitative Analyst for a major stock investment company. What does Isaiah do on a daily basis as a part of his job?
He researches, analyzes, and summarizes information about fraud.
He assesses financial situations using mathematical models.
He analyzes tax information using mathematical formulas.
He manages the paperwork for buying and selling securities.
Answer:b
Explanation:
Answer:
b
Explanation:
Please Help!!
Use the credit card information below and the designated method of computing interest to fill in the blanks. (See image)
Adjusted Balance Method-
Interest $______
New Balance $______
Answer:
Adjusted Balance Method:
Interest $__3.90____
New Balance $__568.90____
Explanation:
a) Data and Calculations:
Previous balance = $500
Purchases:
May 12 $25
May 22 100
May 30 50
Total $175
Payment:
May 20 $110
Interest = $3.90 ($500 - $110)
New Balance $ = Adjusted balance + New Purchases + Interest
= $390 + $175 + $3.90
= $568.90
b) Based on the credit card information and using the adjusted balance method, you compute the finance charge (or interest) based on the previous balance of $500 from the end of the last billing cycle and subtract any payments and credits of $110 made during the current billing cycle. This simply means that the new charges (purchases on the credit card) of $175made during the billing cycle are not factored into the adjusted balance before calculating interest.
Which of these is an example of a tariff? Amazon charges $5 for same day delivery McDonalds adds $ .50 to the price of a cheeseburger Racine County Government raises sales tax by 1% The United States government adds a 50% tax to imported steel from China
Answer:
The United States government adds a 50% tax to imported steel from China
Explanation:
Tariff are tax imposed on goods imported or exported (usually imported) from other countries. This is done so as to reduce the the amount of imports and foreign products thereby promoting or encouraging local products. Since the price of the imported goods are increased, this means that people might not buy them thereby protecting local industries and businesses.
Also, tariffs can serve as extra income to the government. Tariffs can either be fixed or variable.
I need suggestions and opinions on this first draft, please.
Answer:
It looks amazing! Great job!
what responsibility, if any, does fishpeople have to the local fishing industry?
Answer:
IN UK
Explanation:
Contents
Rules for access to waters after the UK leaves the EU
Quota allocations and fishing opportunities
North-East Atlantic Fisheries Commission (NEAFC) Convention Area
Regional fisheries management organisations (RFMOs)
Access to ports
EU and non-EU (third country) vessels landing into UK ports
Import and export of fishery products
Exporting UK-caught fish and fishery products to the EU
Importing EU-caught fish and fishery products to the UK
Labelling and marketing of fishery and aquaculture products
European Maritime and Fisheries Fund
Eels and eel products
Rules for access to waters after the UK leaves the EU
When the UK leaves the EU, the government will control and manage access to fish in UK waters. It will be responsible for managing the UK’s:
territorial waters (out to 12 nautical miles)
Exclusive Economic Zone (out to 200 nautical miles or the median line with other states)
The UK government will make sure that fisheries control and enforcement continue.
UK waters
There will be no change to your rights and responsibilities if you have a UK-registered vessel fishing in UK waters. You must continue to comply with the law and the conditions of your licence, including the economic link criteria.
Non-UK-registered vessels will no longer have automatic access to UK waters. This will be subject to any existing agreements covering territorial waters.
EU and non-EU (third country) waters
There will be no automatic access for UK-registered vessels to fish in EU or non-EU (third country) waters. This will be subject to any existing agreements covering territorial waters.
Quota allocations and fishing opportunities
If you’re a UK quota holder, the UK fisheries administrations will tell you what your allocation will be. They aim to do this in October 2019.
The government will also confirm arrangements for:
non-quota shellfish (scallops, edible crabs and spider crabs)
demersal species under the Western Waters effort regime (demersal species live mainly on or near the sea floor)
There will be no automatic access for:
the UK Fisheries Administrations to exchange fishing opportunities with EU member states
EU member states to exchange fishing opportunities with the UK
North-East Atlantic Fisheries Commission (NEAFC) Convention Area
You can prepare for the UK joining the NEAFC. For UK-registered vessels to continue fishing in the convention area, and landing into the EU, you must hold a current UK domestic licence. You’ll need this before you can apply for an international licence from the relevant fisheries authority.
Please contact your local fisheries authority office if you want further guidance on fishing internationally. You’ll also need to register with the NEAFC’s electronic Port State Control system and complete the Port State Control 1 forms.
Regional fisheries management organisations (RFMOs)
The UK will join all relevant RFMOs as quickly as possible - it will no longer be a member of RFMOs through EU membership. The joining process may take up to 6 months.
During this time, UK vessels may not be able to fish in international waters covered by RFMOs. The Department for Environment, Food and Rural Affairs (Defra) will keep fishermen informed of progress and what the outcome of a decision will mean in practice.
Access to ports
If you have a UK-registered vessel, you’ll no longer have an automatic right to land fish in any EU port. You’ll be allowed access to EU designated ports for:
port services
landings
transhipment
the use of market facilities (where vessels meet EU requirements on illegal, unreported and unregulated fishing)
You must notify the relevant Fisheries Monitoring Centre of your intention to arrive into a designated port. You must notify vessel and catch-related information
The responsibility that fish people have to the local fishing industry is :
Seafood plays an fundamental part in nourishing the world's developing populace.
Sound angle populaces lead to sound seas and it's our duty to be a portion of the arrangement.
The flexibility of our marine biological systems and coastal communities depend on feasible fisheries.
Local Fishing IndustryThe fishing industry incorporates any industry or movement concerned with taking, refined, preparing, protecting, putting away, transporting, showcasing or offering angle or angle items.
It is characterized by the Nourishment and Agribusiness Organization as counting recreational, subsistence and commercial angling, and the related collecting, preparing, and showcasing divisions
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if example your a newbie and inexperienced what kind of business would you do in your newly made business account also if your interested in Nightcore songs and an underage?
Answer:
I want be doctor but still I can do the business of handicrafts . I don't like nightcore songs .
Answer:
wanna be a doctor if I want buissnes maybe art I donno.
Explanation:
do you watch anime which one
Someone in the 15 percent tax bracket can earn 10 percent annually on his investments in a tax-exempt IRA account. What will be the value of a $16,000 investment in 5 years? 10 years? 20 years? You may use Appendix C to answer the questions. Do not round intermediate calculations. Round your answers to the nearest dollar.
Answer:
A. $60,653
B. $98,313
C. $136,217
Explanation:
The formula that is used for calculating the annuity value is as under:
Annuity Value in "n" years = Present Value * (1 - (1 + r)^-n) / r
For 5 years:
Annuity Value in "5" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $60,653
For 10 years:
Annuity Value in "10" years = $16,000 * (1 - (1 + 10%)^-10) / 10%
= $98,313
For 20 years:
Annuity Value in "20" years = $16,000 * (1 - (1 + 10%)^-5) / 10%
= $136,217
Select the correct answer.
Some merchandisers design window displays.
A. True
B. False
Answer:
your answer would be (A) True
Explanation:
Iris has an investment worth $8,813. She made her only deposit in it seven years ago. Given that the investment yields
3.7% simple interest annually, how big was the initial deposit?
a $1,806
b. $2,282
C. $4,095
d. $7,000
Please select the best answer from the choices provided
А
С
OD
Answer:
D) $7,000
Explanation:
Just took practice... I got it wrong but it told me the right answer so here!
Answer:
D
Explanation:
Your promotional budget for this year is $200 for personal selling, $400 for sales promotion, $1000 for advertising, and
S700 for image promotion. What is your total promotion budget for this year
Answer:
$2300
Explanation:
The total promotion budget will be
Personal selling + sales promotion + advertising + image promotion
=$200 + $400 +$1000+$700
=$2300
Need help please ?????
Answer:
sales
Explanation:
Why don't many developing countries benefit from the spread of free trade?
O A. They don't possess important natural resources.
O B. They cannot afford to give foreign aid.
C. They have large trade deficits.
O D. They have weak domestic industries.
Import and export restrictions are not present in a free trade system. It can also be seen as the free market concept implemented in global trade. Hence option A is correct .
What is Free Trade ?Political parties with economic liberal stances are more likely to support free trade than economic nationalist and left-wing parties, who typically support protectionism, which is the antithesis of free trade.
Today, the majority of countries participate in multilateral trade agreements through the World Trade Organization. The unilateral action of Great Britain, which from the middle of the 19th century through the 1920s decreased import and export controls and levies, served as the best example of free trade.
An alternate strategy is to establish free trade zones between groups of nations through agreements, like the European Economic Area and the open markets of Mercosur.separates that free trade zone from the rest of the world by building a protectionist wall. Most governments continue to enact protectionist measures like charging tariffs to imports or providing export subsidies in an effort to support local jobs.
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Match the tasks with the professionals who would complete them.
Answer:
Explanation:
1,3 and 2,4 and 5,6 and thats it
Which of the following does an appropriately cautious reading of a receipt entail
Answer:
I and III
Explanation:
What is significance of evaluating PeCS of a successfull entrepreneur? What insights can you draw from this activity?
Answer:
It is very important to assess one's personal entrepreneurial competencies (PECs) in order to know the strengths and weaknesses of the entrepreneur. In that manner, the entrepreneur can design a plan to compensate for his weaknesses and develop his strength in order to deliver the excellency that was expected of him.
How to make a business tycoon by yourself?
Answer:
Be Creative: Always be looking for ways to improve your business and to make it stand out from the competition. ...
Get Organized: ...
Be Consistent: ...
Analyze Your Competition: ...
Understand the Risks and Rewards: ...
Stay Focused:
Ability to become a leader: ...
Great decision-maker:
Explanation:
pls give brainliest i need 2 more to be an expert
What models the interactions between key players in the economy
How many times does 50 go into 1 million please help im dieing to know
Answer:20,000 times
Explanation:
Which Finance Career Pathways involve money, assets, or liabilities? Check all that apply.
Banking and Related Services
Insurance Services
Retail Related Services
Financial and Investment Planning
Business Financial Management
Answer:
Banking and Related Services
Insurance Services
Financial and Investment Planning
Business Financial Management
Explanation:
Retailers can be categorized as service retailers or merchandise retailers. Service retailers sell services such as legal, health, delivery services, parking, and many others. Merchandise retailers deal with products/ tangible items. They buy in bulk from manufactures or wholesalers and sell to end consumers. Retail related services deal more with sales, cash, and credit, unlike the other carriers in the list that deal with assets, liabilities, and money.
Answer:
abde
Explanation:
