Identify and explain the key components of a merchandiser's net income.
What will be an ideal response?
The basic components of income begin with net sales. Cost of goods sold is subtracted from net sales to determine gross profit (also called gross margin). Operating expenses are then subtracted from gross margin to determine net income.
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Marcus has continued to tell sexually explicit jokes during lunch breaks even after being warned that such behavior was inappropriate and that he had to stop. Marcus is engaging in ______ sexual harassment.
a. intimidating b. offensive c. antisocial d. hostile
The ____________ theory of international production proposes states that for a firm to invest in facilities overseas, it must have three kinds of advantages.
Fill in the blank(s) with the appropriate word(s).
Interviewers need not restrict questions to an applicant's ability to perform specific job-related functions essential to the job sought
Indicate whether the statement is true or false
On January 1, Jewel Company buys $204,000 of Marcelo Corp. 10%, 36-month notes. Interest is paid on the last day of each month. The notes are classified as available-for-sale securities. This is the company's first and only investment in available-for-sale securities. On December 31, the notes have a fair value of $207,700. The impact on Jewel's net income as a result of its investment in Marcelo Corp. was a(n) (Round your intermediate dollar values to the nearest dollar amount):
A. Decrease to income of $20,400. B. Increase to income of $1700. C. Increase to income of $24,100. D. Decrease to income of $24,100. E. Increase to income of $20,400.