Business

Business, 21.09.2019 22:50, bapehoodboi

When creating the income statement, which of the following statements is accurate? revenues, minus general operating expenses = gross profit. revenues, minus tax expense = gross profit. revenues, minus depreciation expense = gross profit. revenues, minus cost of goods sold = gross profit.?

answer

Answers: 1

Show answers

Similar questions

Предмет

Business, 21.06.2019 18:30, tfhdg

Following is stanley black & decker’s income statement for 2016 (in millions): stanley black & decker, inc. income statement for the year ended december 31, 2016 ($ millions) sales $11,406.9 cost of goods sold 7,139.7 gross profit $ 4,267.2 selling, general and administrative expenses 2,602.0 other operating expenses 268.2 operating income 1,397.0 interest and other nonoperating expenses 171.3 income before income tax 1,225.7 income tax expense 261.2 net income $ 964.5 compute stanley black & decker’s gross profit margin.

Answers: 1

Предмет

Mathematics, 27.09.2019 19:20, chris1848

Which of the following expressions is incorrect? a) sales revenue - cost of goods sold - operating expenses = net income b) gross profit - operating expenses = net income c) net income + operating expenses = gross profit d) operating expenses - cost of goods sold = gross profit

Answers: 1

Предмет

Business, 07.10.2019 21:00, unknown6669

Last month a company had net sales revenues of $10,000; cost of goods sold of $4,000; other operating expenses of $3,000; non-operating expenses of $1,000; no non-operating revenues, gains or losses; and income taxes of $500. the gross profit was a : $1,500. b : $6,000. c : $3,000. d : $2,000.

Answers: 2

Предмет

Business, 14.10.2019 21:30, trobbie817

Last month a company had net sales revenues of $10,000; cost of goods sold of $4,000; other operating expenses of $3,000; non-operating expenses of $1,000; no non-operating revenues, gains or losses; and income taxes of $500. the gross profit was gross profit = 10,000 - 4,000 = $6,000 - ignore everything except for sales revenue (net sales) and cost of goods sold

Answers: 3

Do you know the correct answer?

When creating the income statement, which of the following statements is accurate? revenues, minus...

Questions in other subjects:

Konu

Health, 23.02.2020 15:44

What a perfect machine?...

Konu

Mathematics, 23.02.2020 15:46

30 men can do a piece of work in 40 days .how long it take to complete the work if 5 men were reduced...

Konu

Mathematics, 23.02.2020 15:46

Please help. me with this...

Konu

English, 23.02.2020 15:46

Please help me! Question Which detail from the passage supports the idea claim that high temperatures can be limiting. A. August is considered one of the hottest...

Konu

Chemistry, 23.02.2020 15:46

Magnesium and calcium are in group 2 of the periodic table. They are less reactive than the metals in group 1. (a) Calcium reacts with water to form calcium hydroxide,...

Konu

Business, 23.02.2020 15:46

30 men can do a piece of work in 40 days .how long it take to complete the work if 5 men were reduced...

Konu

Mathematics, 23.02.2020 15:47

URGENT HELP!I'm trying to find the least square regression line but it seems to assume that they are no outliers (when I clearly have one). What do I do?

Konu

Mathematics, 23.02.2020 15:47

Question 24: Please help, I do not know how to solve this question.

Konu

Mathematics, 23.02.2020 15:48

Question 21: Please help, I don't understand this question....

Konu

Mathematics, 23.02.2020 15:48

Question 29: Please help, What is AE?...

Other tasks in the category: Business More task