Business
Business, 24.03.2020 20:05, arteria3

MacMan, Inc. reported the following data: 2019 2018 Amount Percentage Revenues $ 6 comma 390 $ 4 comma 990 $ 1 comma 400 28.06% Cost of goods sold 3 comma 400 2 comma 500 900 36% Gross profit 2 comma 990 2 comma 490 500 20.08% Operating expenses: Sales and marketing expense 685 640 45 7.03% General and administrative expenses 460 430 30 6.98% Research and development expense 470 390 80 20.51% Other expense 460 740 (280) (37.84)% Total operating expenses 2 comma 075 2 comma 200 (125) (5.68)% Income before income tax 915 290 625 215.52% Income tax expense 260 240 $ 20 8.33% Net income (loss) $ 655 $ 50 $ 605 1 comma 210% The horizontal analysis shows that cost of goods sold has . (Round your answer to two decimal places.)

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 01:00, bommat1085
The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january
Answers: 1
image
Business, 22.06.2019 12:30, badgirl2005
Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.
Answers: 2
image
Business, 22.06.2019 16:00, knownperson233
In macroeconomics, to study the aggregate means to study blank
Answers: 1
image
Business, 22.06.2019 17:50, hinokayleen5053
Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.
Answers: 1
Do you know the correct answer?
MacMan, Inc. reported the following data: 2019 2018 Amount Percentage Revenues $ 6 comma 390 $ 4 com...

Questions in other subjects: