Net sales revenue is calculated by ________.

A) subtracting cost of goods sold from sales revenue
B) subtracting sales discounts and selling expenses from sales revenue
C) adding sales discounts and sales returns and allowances to sales revenue
D) subtracting sales discounts and estimated sales returns and allowances from sales revenue


D) subtracting sales discounts and estimated sales returns and allowances from sales revenue

Business

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Genetic Innovations, LP, is a limited partnership. The partners sign an agreement purporting to state how the firm's profits and losses are to be divided. The profits and losses of the firm will be divided

A. according to the agreement. B. equally, despite the agreement. C. in proportion to capital contributions, despite the agreement. D. in proportion to each partner's participation in the firm's management, despite the agreement.

Business

Nike does not sell televisions, but suppose some company began to market televisions called Nike. That would be a violation of federal law concerning:

a. cybersquatting b. slander of title c. conversion d. trespass e. none of the other choices

Business

Investors can earn a return on an investment in a stock mutual fund in all of the following ways except

A) interest distributions. B) dividend distributions. C) capital gains distributions. D) redeeming shares.

Business

The _________ prevents or inhibits the normal use or management of communications facilities

A. passive attack C. traffic encryption B. denial of service D. masquerade

Business