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- Given the following information: Revenue from Operations 3,40,000 Cost of Revenue from Operations 1,20,000 Selling expenses 80,000 Administrative Expenses 40,000 Calculate Gross profit ratio and Operating ratio.2. You have the following information: Sales= JD 300 000 Net profit margin= 20%. Required: Calculate Net IncomeAccordingly, 15% of rent, depreciation, and utility expenses pertain to the sales office while the rest pertains to the corporate office. Questions: How much is the net sales for the year? How much is the cost of sales for the year? How much is the gross profit for the year? How much is the net income for the year? Prepare a statement of comprehensive income. Prepare a financial statement.
- Provide Answer about this Question with Correct optionIt is due today. Please help! Can you help me find/solve the following? 1. PRIME COST (F+B+LABOR) 2. TOTAL COSTS OF SALES 3. TOTAL GROSS PROFIT 4. TOTAL INCOME 5. TOTAL INCOME LESS CONTROLLABLE 6. TOTAL OCCUPANCY COSTS 7. INCOME BEFORE INT, DEPR & TAX 8. TOTAL INTEREST EXPENSES 9. TOTAL DEPRECIATION EXPENSES 10. NET PROFIT or (LOSS)Find out the Profit volume ratio with the following data:Sales: $50000Variable cost: $10000.
- For 160 customers would 18,687.5 owed per customer be considered a high amount owed per person? Also, the company financials are AR balance equals 2,990,000 and that represents 6% of total assets (49,833,333.33). what would also be the performance materality for the question above?19) Sales Revenue is $ 850000, variable cost is $ 200000 and fixed costs are $ 300000 Required: Net income in to be prepared in the table format.Subject - account Please help me. Thankyou.
- Assume that the linear cost and revenue models apply. An item costs $13 to make. If fixed costs are $1600 and profits are $5700 when 100 items are made and sold, find the revenue equation. (Let x be the number of items.)R(x) =I need help with this question. See screen shot attached. Thank you in advance!Assume that you have a company. And the management team estimates that 3% of sales will be uncollectible. Give any amount of sales and prepare the journal entry using the percent of sales method.