A company had expenses other than cost of goods sold of $175,000. determine sales and gross profit given cost of goods sold was $622,000 and net loss was ($41,000).

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Answer 1

581,000 is your answer hope it wasint to late

Related Questions

What does the FDIC do? A. Provides insurance on money in bank accounts B. Regulates national interest rates C. Prints currency D. Provides bank account information to customers Please select the best answer from the choices provided A B C D

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The correct option is A.
FDIC stands for Federal Deposit Insurance Corporation. The organisation provides deposit insurance to depositors in the US banks. It works to promote and preserve the confidence of the public in the US financial system by insuring deposits in banks and thrift institutions.

__________ ratios measure how effectively a company uses its assets. coverage profitability liquidity activity

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the answer to this question is activity ratios
Activities ratios includes Accounts Receivable Turnover, Inventory Turnover, Total Asset Turnover.
The calculation of activity ratios is being done by comparing the the additional value within those accounts with the addition of a certain amount of asset.

Forest & field company makes and leases a backhoe to zach. due to a defect attributable to forest & field's negligence, zach is injured in an accident in which his neighbor is also hurt. in a product liability suit based on negligence, forest & field may be liable to

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Pay for the injuries

A lorenz curve plots the _____.
a. trend in the cumulative percentage of income received by each quintile against trend in the number of households
b. average income received by each quintile against the number of households in the quintile
c. cumulative percentage of income against the cumulative percentage of households
d. percentage of total income received by each quintile against the percentage of households in the quintile

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A Lorenz curve plots the cumulative percentage of income against the cumulative percentage of households.

A current ratio of 6.0 is usually an indication that the firm:

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The answer is it has not made the most productive use of its assets.
The current asset ratio is calculated by dividing your current assets with your current liabilites. If your current assets is 6 times much larger than your current liability, we can draw a conclusion that the company keep its asset on the back without making an effort to overturn it.

Earl holds 1,000 pounds of perishable fruit in storage for fresh food corporation. fresh food does not pay for the storage. earl sells the fruit to green grocers, inc. this sale represents a breach of contract. a mitigation of damages. rescission and restitution. specific performance.

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This sale represent A MITIGATION OF DAMAGE.
The principle of the mitigation of damage states that a person who has suffered an injury or loss should take reasonable action where possible to avoid additional injury. The failure to take reasonable action to prevent further loss may result in reduction in the amount that the person can recover if the case is taken to court.

Earl’s sale of perishable fruit to Green Grocers, Inc. is a breach of contract, since he did not receive payment from Fresh Food Corporation for storage. (First option)

The sale of perishable fruit by Earl to Green Grocers, Inc., without receiving payment from Fresh Food Corporation for storage, likely constitutes a breach of contract.

In legal terms, a breach of contract occurs when one party fails to fulfill their obligations under the contract terms, whereas mitigation of damages refers to the efforts taken by the non-breaching party to reduce the financial harm caused by the breach.

The terms rescission and restitution would imply the unwinding of the contract and returning the parties to their original state, which does not seem applicable if Earl had already sold the fruit.

Specific performance is a legal remedy that compels a party to execute the contract according to its specific terms, typically used when monetary damages are insufficient to remedy the harm.

In the weeks leading up to an election the media are filled with campaign ads, some of which are emotionally charged and some of which make highly negative claims about candidates for office or propositions on the ballot. a strong critical thinker would be wise to treat all campaign ads as __________.

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Final answer:

A strong critical thinker would be wise to treat all campaign ads as persuasive.

Explanation:

A strong critical thinker would be wise to treat all campaign ads as persuasive.

Campaign ads are designed to convince and influence voters, often through emotionally charged or negative claims about candidates or propositions.

However, it is important to approach these ads with a critical mindset, questioning the information presented and considering the motives behind them.

By recognizing that campaign ads are meant to persuade rather than solely provide objective information, a strong critical thinker can make informed decisions based on a variety of sources and perspectives.

The settlement option that provides for ongoing payments for a period of time is called

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The settlement option that provides for ongoing payments for a period of time is called annuity. The annuity is a type of insurance contract in which they provide an individual an annual income for a long period of time such as an example of this is a pension.

It can be argued that nonprofits have an advantage over for-profit companies in

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I would say the non-profits have the advantage that they are not always under the gun to show a profit so can be free to concentrate on their main objectives once their annual funding has been taken care of so not being driven by the profit motive they can be more relaxed and do things without the rush involved in a for-profit organization.

Ruth sloan bought a new car for $20,000. she put down $6,000 and paid $280 for 60 months. the total finance charge to ruth is:

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Its simple math really you multiply 280 * 60 then add 6000 and you get $22800

If two patients need the same resources in the same medical situation, it is justifiable, when resources are scarce, to limit them to patients having insurance and showing an ability to pay for the resources.

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False

Healthcare services always try to maintain equity, where there ideally should be "equal resources for equal needs," such that patients suffering from the same condition, should be given equal access to care or treatment regardless of age, gender, race, and ability to pay. This is called horizontal equity. However, patients with more serious or severe forms/complications of the same condition tend to generally be given more care. This is called vertical equity.

I.b. glowen is an engineer who works in nuclear power plants. he is considering starting his own engineering company. over the last couple of months he has spent considerable time researching different business ownership options. due to the type of work performed by his new company, glowen is most concerned with unlimited liability. if this is the case, which business model would you recommend?

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The corporation would be the most suitable for Mr. Glowen. This would shield him from liability in the event that something negative were to occur. The liability for any and all debts would be taken by the company and not by the person himself.

The extent to which a firm's internal activities encompass one, some, many, or all of the activities that make up an industry's entire value chain system is known as: vertical scope. cooperative scaled scope. outsourcing scope. horizontal scale. focal scope.

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The answer is: [A]: "vertical scope" .
_____________________________________________

Volunteer activities among asian or pacific islanders generally include something to do with this, which reinforces the continuation of their value systems.

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Volunteering activities among Asian or Pacific Islander ELDERS REINFORCES THE CONTINUATION OF THE VALUE SYSTEM. Research studies had found out that the type of race influences volunteering behavior among older adults. The rate of volunteering in the elderly varies widely across different races.

John just started his vacation from work and scheduled a tee time with friends to play golf monday morning. on monday morning he started driving his car to work instead of the golf course. driving his car to work instead of the golf course is an example of:

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John's mistake of driving his car to work, instead of to the golf course to play with his friends, is an example of habitual behavior. John has developed the habit of driving to work during his work week. Even though he is now on vacation, he falls victim to habitual behavior and proceeds to the incorrect destination.

N capital budgeting, what term do we use to describe the potential for analysis to be based on rosy or optimistic forecasts?

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managerial bias is the term used to describe the potential for analysis to be based on rosy or optimistic forecasts Ex: high sales projections &/or low cost projections

Market researchers often report discretionary income. discretionary income is your disposable income minus your fixed expenses. your disposable income is $1,200. after you pay for rent, utilities, groceries, and a car payment, you have $200. what percentage of your disposable income is discretionary

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Discretionary income = $200
Disposable income = $1200
To get the percentage of the discretionary income, get the ratio of the discretionary income with respect to the disposable income and multiply by 100.
% discretionary income = discretionary income/ disposable income x 100
%discretionary income = $200/1200 x 100
% discretionary income = 16.67%

Andrew quits his job as an accountant where he earns $65,000 per year to go back to school for two years to get an mba degree. he attends a school that charges $25,000 per year for tuition and related expenses. how much is the total cost (explicit cost plus opportunity cost) of that degree?

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The total cost is $180,000. The explicit cost is $50,000 ($25,000 for 2 years). The opportunity cost is $130,000 ($65,000 for 2 years).

Answer:170,000

Explanation:

True or false most small business owners enjoy being part of a team

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I believe the answer is false

Grabhouse inc. is experiencing an increase in turnover rates of its top employees. upon consulting with its managers for the reasons for this increase, grabhouse finds that employees are uneasy with the current pay mix as it involves too many risky elements. in order to make its pay mix less risky, grabhouse needs to:

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In order to make its pay mix less risky, Grabhouse needs to INTRODUCE A PROFIT SHARING PLAN TO ITS PAY MIX.
A profit sharing plan is a plan which gives employees part of the profits that are generated by the company. In this plan, each worker receives a percentage of company's profits based on the company's quarterly or yearly profits. Applying this method will reduce the rate at which employees leave the company.

Management story line ofr how and why the company's business approaches will generate evenues sufficient to cover costs and produce attractive profits and returns on investment

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Need more answer choices

Experience indicates that strategic alliances: work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency. are generally successful. work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies. are rarely useful in helping a company win the race for global industry leadership. can suffer culture clash and integration problems due to different management styles and business practices.

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Final answer:

Strategic alliances enhance international trade and boost worker productivity by giving way to slicing up the value chain and economies of scale. They not only facilitate mutual competitive advantage but also influence intranational trade and international agreements. However, they might encounter cultural mismatches and struggle to improve supply chain efficiency.

Explanation:

Strategic alliances can work effectively in cooperatively developing new technologies and products. They play a critical role in instigating international trade, as they are aimed at achieving a mutually beneficial competitive advantage for the allies. They have proven effective in tackling challenges like slicing up the value chain and taking advantage of economies of scale. This leads to a higher level of worker productivity, generated through learning about specialized products and industry intricacies.

However, alliances might face hurdles such as culture clashes and integration issues due to a variety of management styles and business practices. Companies involved in strategic alliances should be aware of the possibility of these issues and work proactively to mitigate their impact. Finally, while strategic alliances can effectively drive product innovation and technology development, they are less commonly successful in promoting greater supply chain efficiency.

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For free speech advocates, what is the strength of the internet as a medium?

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The strength of internet as a medium is due to the fact that now, especially with the rise of social media, anyone can voice his/her own opinion. And this opinion can be read or heard by anyone in this world. Because of this internet, the "marketplace of ideas" is enlarged to one that is unparalleled throughout history. From this, opinions and ideas that despicable will be rejected by the masses, while those that are socially responsible will be accepted.

Could nanosilver in consumer products affect pond life background

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It can make your reproductive organs yet firm compared to flaccid

What does intelligence mean? do you accept the use of the word in "business intelligence software tools," or do you think the use of this word is exaggerated compared with what these tools provide?

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intelligence is the ability to acquire and apply knowledge and skills.

The intelligence ability to learn, understand or deal with novel or difficult conditions.

What is intelligence?

The capacity for abstraction, logic, comprehension, self-awareness, learning, emotional knowledge, reasoning, planning, creativity, critical thinking, and problem-solving have all been classified as intelligence. It can be defined more broadly as the ability to receive or infer information and retain it as knowledge to be used to adapt behaviors within an environment or context.

Intelligence is most commonly studied in humans, although it has also been detected in non-human animals and plants, despite debate about whether some of these forms of life exhibit intelligence. Artificial intelligence refers to intelligence in computers or other technologies. The term intelligence comes from the Latin nouns intelligentsia or intellectuals, which come from the verb intelligence, which means “to comprehend or discern.” In the Middle Ages.

Therefore, intelligence ability to learn, understand or deal with novel or difficult conditions

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Which of the following is the most important thing to remember when looking for a job?

A. Always go to big businesses first.
B. Arrive at the place of business as soon as it opens.
C. Carry information commonly required on applications with you.
D. Arrive at the place of business right at closing time.

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The answer is C; Carry information commonly required on applications with you. The reason why is because how can you get a job, when you don't have your portfolio with you?

Answer:C

Explanation:

i juss did it on APEX

Every source has at least some type of _____.

Select the best answer choice.
a.primary source
b,bias
c.secondary source
d.source

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The correct answer is "Bias."

B. bias, every source have some type of bias. True which is why you need to look at multiple sources of information to get an unbiased opinion.

Escambia county bonds worth $1,000 are selling at 109.443. what is the market price of one such bond?
a. $1,109.44
b. $1,000.00
c. $109.44
d. $1,094.43

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Escambia county bonds worth $1,000 are selling at 109.443. What is the market price of one such bond?

The market price of the bond is D. $1,094.43. To solve for the market price of a bond, multiply the percentage bond price by the bonds face value (worth) by the price of the bond. The market price of the bond, is the current price the bond will sell for in the market.

The market Price of the Bond is $1,094.43. Thus, option D is correct.

What is Bond?

A bond is a form of instrument wherein the issuer (debtor) owes the holder (creditor) a debt and is obligated to return the principle (i.e. amount borrowed) of the bond at the maturity period as well as interest (called the coupon) over a predetermined period of time, depending on the conditions.

A bond is a type of debt or IOU. Bonds offer external capital to the borrower to finance long-term investments or, in the case of government bonds, to cover current spending.

To determine the market price of a bond, multiply the percentage bond price by the face value of the bond by the value of the bond. The bond's market price is the current price at which it will be sold on the market.

Market Price of Bond = Total worth × Selling price

= $1,000×109.443

= $1,094.43.

Therefore, it can be concluded that The market price of the bond is D. $1,094.43. Hence, option D is correct.

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For the perfectly competitive broccoli producers in california, the firm's demand curve for broccoli is

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For the perfectly competitive broccoli producers in California, the firms' demand curve for broccoli is A HORIZONTAL LINE WHICH IS EQUAL TO THE EQUILIBRIUM PRICE OF THE ENTIRE MARKET.
In a perfectly competitive market, the demand curve for the market and the demand curve for the firm are different from each other. The market demand curve slopes downward while the firm's demand curve is a horizontal line.

How much would kendra have in her account after three years if she started with $500 and earned 2 percent interest compounding annually? $530.89 $510.00 $500.00 $530.60?

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The future value (FV) of an amount (P) deposited in an account with interest (r) coumpounded t times a year for n years is given by:

[tex]FV=P\left(1+\frac{r}{t}\right)^{nt}[/tex]

Given that she started with $500 and earned 2 percent interest compounding annually this means that there is only one compounding in a year, i.e. t = 1.

Thus, the amount in his bank account after 3 years is given by:

[tex]FV=500(1+0.02)^3 \\ \\ =500(1.02)^3=500(1.061) \\ \\ =\bold{\$530.60}[/tex]

Answer:

$530.60

Explanation:

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