During the current year, merchandise is sold for $137,500 cash and $425,600 on account. the cost of the merchandise sold is $322,325. what is the amount of the gross profit?

Lilypad Hot Tubs, Inc. reports the following information for August: Sales Revenue $ 900 comma 000 Variable Costs 310 comma 000 Fixed Costs 56 comma 000 Calculate the operating income for August using variable costing. A. $ 590 comma 000 B.

What's the most important consideration a company should make before accepting a sponsorship proposal?

Which two steps of project team building are out of sequence? A) You always identify skills before you identify people. B) You always negotiate with the functional supervisor before you negotiate with top management.

If accounts receivable and inventories increased by $85,000 (total), accounts payable increased by $14,000, and depreciation added up to $64,000, what was the firm's net income?

When the marginal product of labor rises A. the marginal cost of production falls. B. the marginal cost of production will exceed the average total cost. C. the marginal cost of production also rises. D.

Independence Corporation reported beginning and ending total assets of $ 18 comma 000 and $ 28 comma 000 , respectively. Its net sales for the year were $ 21 comma 850. What was Independence 's asset turnover ratio?

if your daughter wants to earn $215,000 within the next twenty-three years and salaries grow at 4.45% per year, at what salary should she start to reach her goal?

Defend or critique the following statement: "People who are unable to put aside their own interests should not be on teams."

An investment offers $4,350 per year for 15 years, with the first payment occurring one year from now. a.

Dani's denim sells blue jeans. in 2017, dani's specialized in selling moderately priced jeans with a 25% markup.