Business
Business, 08.07.2019 21:00, arwen28

Brownie bakerybrownie  bakery earned net sales revenue of$63,000,000 in2018cost of goods sold was$42,210,000 , and net income reached$10,000,000 , the company's highest ever. compute the   company's gross profit percentage for 20182018. first, select the formula. then enter the applicable amounts and calculate the gross profit percentage.

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Business, 23.06.2019 15:00, birdman6360
Baskin promotions, inc. sells t-shirts decorated for a variety of concert performers. the company has developed the following budget for the coming year based on a sales forecast of 80,000 t-shirts: sales $ 1,400,000 cost of goods sold 820,000 gross profit 580,000 operating expenses ($100,000 is fixed) 418,400 operating income 161,600 income taxes (30% of operating income) 48,480 net income $ 113,120 cost of goods sold and variable operating expenses vary directly with sales, and the income tax rate is 30% at all levels of operating income. if the concert season is slow due to poor weather, baskin estimates that sales could fall to as low as 60,000 t-shirts. assume baskin actually achieves the 60,000 unit sales level, and that net income actually earned at this level was $70,000. a performance report would indicate that net income was:
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Business, 30.09.2019 20:30, dalechloe5596
The following is a summary of information presented on the financial statements of a company on december 31, 2017.account20172016net sales revenue $604,000 $504,000cost of goods sold453,000400,000gross profit 151,000104,000selling expenses58,00050,000net income before income tax expense93,00054,000income tax expense41,00021,000net income$52,000$33,000with respect to net sales revenue, a horizontal analysis reveals
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Business, 19.10.2019 01:30, Davisja21
This problem has been solved! see the answer sellall department stores reported the following amounts in its adjusted trial balance prepared as of its december 31 year-end: administrative expenses, $2,100; cost of goods sold, $21,060; income tax expense, $2,930; interest expense, $1,500; interest revenue, $180; general expenses, $2,300; sales revenue, $39,000; sales discounts, $1,950; sales returns and allowances, $1,755; and delivery (freight-out) expense, $270. prepare a multistep income statement for distribution to external financial statement users. fill in the blank and the rest of the table sellall department stores income statement for the year ended december 31 cost of goods sold 21,060 gross profit operating expenses 4,670 income from operations interest revenue 180 income before income tax expense net income $
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