Net sales is calculated by subtracting cost of goods sold from sales revenue.
Answer the following statement true (T) or false (F)
False
Net sales is calculated by subtracting sales returns, discounts, and allowances from sales revenue.
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The specific services or product features demanded by a market is an output from the marketing
plan for the ________ department. A) finance B) engineering C) operations D) professional services
Answer the following statements true (T) or false (F)
1. A key difference between the European and U.S. models of unionism is that the European model sees the scope of unionization as limited to the workplace. 2. Due to the decline in manufacturing in the U.S., manufacturing has one of the lowest union density rates among industries. 3. The lowest union densities in the U.S. can be found in the Southwest and Northeastern states. 4. Southern and southwestern states generally have the lowest union densities in the U.S. 5. An amalgamated union is a federation of unions from a variety of industries and occupations.
Net working capital can be defined as the portion of a firm's current assets financed with long-term funds
Indicate whether the statement is true or false
Schister Systems uses the following data in its Cost-Volume-Profit analyses: TotalSales$400,000Variable expenses 280,000Contribution margin 120,000Fixed expenses 100,000Net operating income$20,000 What is total contribution margin if sales volume increases by 20%?
A. $144,000 B. $158,400 C. $80,000 D. $200,000