Chapter 15, Problem 15.3SE

Can you explain this general accounting question using accurate calculation methods?

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If blurr image please comment i will write values. please dont Solve with incorrect values otherwise unhelpful.

Jones Co. had $61,500 in sales during 2025. During the year, Jones purchased $18,400 in inventory. The company began the year with $4,100 in inventory and ended the year with $1,300 in inventory. In addition, during 2025, Jones received a prepayment of $2,500, which was correctly classified as unearned revenue. What was Jones's gross profit during 2025? A. $38,000 B. $40,300 C. $39,600 D. $42,100 E. None of the above

I need the correct answer to this financial accounting problem using the standard accounting approach.

Quine Industries has fixed costs of $600,000 and variable costs are 60% of the selling price. To realize profits of $250,000 from sales of 500,000 units, the selling price per unit: 1. Must be $2.60 2. Must be $3.50 3. Must be $4.25 4. Is indeterminable

Accounting with solution

Can you solve this general accounting question with accurate accounting calculations?

Not use ai solution please and accounting question