An all-equity firm reports a net profit margin of 10% on sales of $3 million. if the tax rate is 40%, what is the pretax profit

a. $100,000

b. $300,000

c. $500,000

d. $800,000

The following information is available for Marin Inc. for three recent fiscal years. 2022 2021 2020 Inventory $565,000 $572,000 $320,000 Net sales 1,895,000 1,784,000 1,360,000 Cost of goods sold 1,421,250 1,159,600 930,000 (a) Calculate the

Mary signed up and paid $960 for a 6 month ceramics course on June 1st with Choplet Ceramics. As of August 1st, Choplet's accounting records would indicate: A. $320 of revenue, $640 of accounts receivable B.

Jamal owns a coffee roasting company. He buys raw coffee beans, roasts them, grinds them, and sells them to stores. He recently moved into a larger factory so that he can sell coffee to more stores.

Which of the following statements, if any, concerning the modified cash basis of accounting is/are correct? I. The modified cash basis of accounting employs some elements of accrual accounting. II.

Cuantos Tipos de Habitaciones son los que se deben preparar en un Hotel

Decrease in inventory $ 620 Decrease in accounts payable 260 Increase in notes payable 245 Increase in accounts receivable 275 Did cash go up or down? By how much?

Juwana was turned down for a car loan by a local credit union she thought her credit was good what should her first step be

Which of the following are consistent with the efficient markets hypothesis? Check all that apply. You should spend several hours a day studying the business section of your local newspaper to determine which stocks to add to your investment

How are resources allocated in a traditional economy?

Which of these statements about the world economic system is true? everyone in core countries benefits from the world system. low-wage sweat shops are found in all countries. no one in peripheral countries benefit from the world system.