Cushman Company had $832,000 in sales, sales discounts of $12,480, sales returns and allowances of $18,720, cost of goods sold of $395,200, and $286,210 in operating expenses. Gross profit equals:
A. $800,800.
B. $405,600.
C. $119,390.
D. $424,320.
E. $418,080.
Answer: B
You might also like to view...
________ take(s) potential customers through the purchasing process without asking for an immediate purchase decision
A) Marketing messages B) Sales messages C) Mission statements D) Business previews E) The AIDA plan
Pathos is
a. the ability to convince the audience of your competence, good character, and charisma. b. the ability to use logical proof to demonstrate the reasonableness of arguments. c. the ability to develop empathy and passion in others. d. the number of people you have persuaded.
Sally receives the following information on her project: PV = 100, AC = 75, EV = 100. How well is the project doing in terms of budget?
A. Right on budget B. 50 over budget C. 25 under budget D. 50 under budget E. 25 over budget
Fact Pattern 42-1BSid, a director of Tech Software Company, learns that a Tech engineer has developed "Ur Call," a new, exciting video game. Sid buys Tech stock and tells his friend Velma, who also buys Tech stock. When the new game is released three weeks later, Sid and Velma sell their stock for a big profit.Refer to Fact Pattern 42-1B. Under SEC Rule l0b-5, Sid would not be liable if he had waited to buy Tech stock until
A. after Sid told Velma of the new game. B. after Velma bought Tech stock. C. after the public release of the game. D. just before the game was released.