A company has sales of $375,000 and its gross profit is $157,500. its cost of goods sold equals:

At an auction, Ben bids on a 1957 Chevy coupe, believing that it is worth more than the price asked. When the car proves to need more repairs than Ben estimated, and thus is worth less as is, Ben is:

A jeans maker is designing a new line of jeans called Slims. The jeans will sell for $345 per pair and cost $262.20 per pair in variable costs to make. (Round your answers to 2 decimal places.) (1) Compute the contribution margin per pair.

How has culture affected technology?

Normative Economics may be defined as: Making use of language that elicits an emotional response or infers a value judgement. Making arguments that make selective use of the facts, generally by presenting only one side of the story.

In what way does the kettle falls five case illustrate a weakness of a federal system? choose the best answer.

If the sum of your assets is 275,000, what should the other side of your balance sheet add up to?

A warranty protects consumers against what? A. Defective or damaged products B. Government regulations C. Anticompetitive behaviors D. Fraud and misrepresentation 2b2t

Flyer company sells a product in a competitive marketplace. market analysis indicates that its product would probably sell at $48 per unit. flyer management desires a 12.5% profit margin on sales.

Margarita operates a sole proprietorship that earns $100,000 of qualified business income after deducting salaries of $300,000. The sole proprietorship is not a specified service business. She files a single tax return for 2019.

When a job is completed in a service organization, the job costs are transferred to the?