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Exam (elaborations)

MBA 5100 - Exam 4 Questions With 100% Correct Answers 2024

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MBA 5100 - Exam 4 Questions With 100% Correct Answers

Institution
MBA 5100
Course
MBA 5100

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MBA 5100 - Exam 4 Questions With
100% Correct Answers

Whichiofitheifollowingiitemsiisisubtractedifromisalesitoiarriveiatinetisale
s?i-iCorrectiAnswer-salesireturnsiandiallowances


Aisalesiinvoiceiincludeditheifollowingiinformation:imerchandiseiprice,i$
8,000;itemsi3/10,in/eom.iAssumingithatiaicreditiforimerchandiseireturn
ediofi$1,000iisigrantediprioritoipaymentiandithatitheiinvoiceiisipaidiwithi
nitheidiscountiperiod,iwhatiisitheiamountioficashireceivedibyitheiseller?i
-iCorrectiAnswer-$6,790


8,000i-i1,000i=i7,000
7,000i*i0.03i=i210
7,000i-i210i=i6,790


Theidifferenceibtwisalesiandicostiofigoodsisoldiforiairetailibusinessiisi___
_.i-iCorrectiAnswer-grossiprofit


Whichiofitheifollowingiisitheiformulaitoicalculateigrossiprofitipercent?i-
iCorrectiAnswer-(Salesi-iCOGS)/Sales




Inicredititermsiofi1/10,in/30,ithei10irepresentsithei____.i-
iCorrectiAnswer-Numberiofidaysiinitheidiscountiperiod
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MBA 5100
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MBA 5100

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Uploaded on
October 11, 2024
Number of pages
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Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

  • mba 5100 exam 4 questions with 100 correct answ
  • which of the following items is subtracted from sa
  • a sales invoice included the following information
  • the difference btw sales and cost of goods sold
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