Calculate Carl's total expenses.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Transcribed Image Text:In 2019 Carl's Carpet Bazar had
.net sales totaled $125,000;
. incurred taxes: $13,700.
. The cost value of the carpets Carl sold was $42,300.
. The SG&A were: management salary of $52,000, administrative expenses of $400, and utilities
at $900.
Calculate Carl's total expenses.
UN
O $53,300
O $900
O $1,300
O $52,900
O$51,600
In 2019 Carl's Carpet Bazar had
net sales totaled $125,000;
incurred taxes: $13,700.
The cost value of the carpets Carl sold was $42,300.
The SG&A were: management salary of $52,000, administrative expenses of $400, and utilities
at $900.
Calculate Carl's Gross Margin.
.
.
O $82,700
O $29,400
O $15,700
O$98,000
O $11,000
In 2019 Carl's Carpet Bazar had
.net sales totaled $125,000;
. incurred taxes: $13,700.
. The cost value of the carpets Carl sold was $42,300.
.
• The SG&A were: management salary of $52,000, administrative expenses of $400, and utilities
at $900.
Calculate Carl's Net Profit before tax.
O $29.400
O $82,700
O $353,000
O $15,700
O $133,000
O $21,200
In 2019 Carl's Carpet Bazar had
• net sales totaled $125,000;
. incurred taxes: $13,700.
The cost value of the carpets Carl sold was $42,300.
.
• The SG&A were: management salary of $52,000, administrative expenses of $400, and utilities
at $900.
Calculate Carl's Net Profit after tax.
O $15,700
O $20,600
$21,200
$34,100
O $82,700
O$353,000
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