Find the net sales and cost of goods sold

Assignment Help Mathematics
Reference no: EM131629231

Question: For 2011 Cassandra's DVD Shop had gross sales of $597,341; sales returns and allowances of $10,514; beginning inventory cost of $38,917; cost of purchases, $261,053; and year-end inventory of $42,013. Find the net sales, cost of goods sold, and gross profit from sales.

Reference no: EM131629231

Questions Cloud

Find the total operating expenses and net income : Cassandra's DVD Shop had the following 2011 operating expenses: salary, $90,500; insurance, $12,200; utilities, $7,582; maintenance, $1,077; rent, $18,400.
What are the positive and negative aspects of the theory : Which historical theory is likely to be the most universal and applicable? What are the positive and negative aspects of the theory that you chose?
Explain police departments or the community : Is the cost a significant factor in why your suggestion has not already been implemented?If so, from where would you suggest police departments or the community
Strategic purpose with an emphasis on ownership-governance : Discuss what is meant by Strategic Purpose with an emphasis on Ownership, Governance, Stakeholders, Social Responsibility and Ethics.
Find the net sales and cost of goods sold : For 2011 Cassandra's DVD Shop had gross sales of $597,341; sales returns and allowances of $10,514; beginning inventory cost of $38,917.
Find the gross profit and net income for cedar rapids auto : Find the gross profit and net income for Cedar Rapids Auto for the year ending December 31, 2011, if the company had net sales of $5,385,920.
Discuss bill of rights with respect to the 4th amendment : The Originalist Case for the Exclusionary Rule delves into the intent of the framers of the Constitution and Bill of Rights with respect to the 4th Amendment
The national budget and domestic policy : What significance does the congress and president have upon the national budget and domestic policy? Explain
Find the percent of total debt compared to total assets : To find the percent of total debt compared to total assets, divide the total liabilities by the total assets and write in percent form.

Reviews

Write a Review

Mathematics Questions & Answers

  Mathematics problem involving percents

In this discussion, you will work in small groups in online discussions to solve a mathematics problem involving percents. This group discussion will help prepare you for activity M2A2, in which you will write and submit an individual complete sol..

  Assumption of risk or contributory negligence

Assume that the jurisdiction does not recognize assumption of risk or contributory negligence. The jurisdiction does recognize the defense of comparative negligence.

  Running time of set union implementation

The input consists of two arrays each representing a set of integers (in each array, each value appears only once). The output is an array representing the union of the two sets - again, each value appears only once.

  How many delegates did not vote in favor of any motions

Of the 2300 delegates at a political convention, 1542 voted in favor of a motion to decrease the deficit, 569 voted in favor of a motion dealing.

  Compute the current price of a gas

the current price of a gas is R2.50 a gallor, in four month it will be R2.60 with probability P or R2.40 with probability 1-P.

  Minimize the cost of the project

The oil is to be piped to the refinery 8 miles down the shore. If the cost of laying pipe is $100,000 per mile underwater and $75,000 per mile over land. How much of each pipe should be used in order to minimize the cost of the project?

  Information about dimensions of rectangle

The width of a rectangle is 1 foot less than the length. The area is 20 feet squared. Find the length and width.

  Find the work needed to build the pyramid

A Pyramid is 785 ft high (due to erosion, its current height is slightly less) and has a square base of side 3140 ft. Find the work needed to build the pyramid if the density of the stone is estimated at 180 lb/ft^3.

  Human resource function of compensation

Define the human resource function of compensation by detailing options for establishing pay and benefit plans with an emphasis on performance/incentive program

  Chart the amount of solid food

Stacie is a resident at your medical facility where you work. You are asked to chart the amount of solid food that she consumes. For the noon meal today she ate of a 3-ounce serving of meatloaf, of her 3-ounce serving of mashed potatoes, and o..

  Sketch a graph of the velocity of the plane versus time

Sketch a graph of the velocity of the plane versus time. Sketch a graph of the distance of the plane from the place w here it passed over Ithaca versus time.

  Objective questions based on regression

Objective questions based on regression

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd