The following is a listing of some of the balance sheet accounts and all of the income statement accounts for Northview Company as they appear on the company's adjusted trial balance. Accounts Payable$30,000 Accounts Receivable 33,000 Inventory 60,000 Advertising Expense 36,000 Cost of Goods Sold 267,000 Delivery Expense 18,000 Income Tax Expense 6,000 Insurance Expense 3,000 Rent Expense 36,000 Sales Revenue 480,000 Sales Discounts 33,000 Sales Returns & Allowances 57,000 Gross profit would be:
A. $105,000.
B. $111,000.
C. $213,000.
D. $123,000.
Answer: D
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________ attempts to expand understanding of the unknown
A) Syndicated research B) Secondary data C) Applied research D) Pure research E) Primary data
DHF Company has a beta of 1.5 and is currently in equilibrium. The required rate of return on the stock is 12.00% versus a required return on an average stock of 10.00%. Now the required return on an average stock increases by 30.0% (not percentage points). Neither betas nor the risk-free rate change. What would DHF's new required return be?
A. 14.89% B. 15.68% C. 16.50% D. 17.33% E. 18.19%
Regardless of the language of the contract, title to goods passes to the buyer at the time and place at which the seller physically delivers the goods
a. True b. False Indicate whether the statement is true or false
A ____ search engine allows you to run keyword searches on several search engines at once.
A. mega B. maxi C. meta D. giga