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TAXATION REVISION R Sales (Gross
TAXATION REVISION
R Sales (Gross Income) 2 500 200 Less: Cost of sales (less deductions) (1 400 300) Gross profit (taxable) (n/a)
1 answer
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6. Assume jose company has the ff reported amounts: sales revenue $506,000, sales returns and allowance $13,000, cost of goods
1 answer
asked by
Alazer Hagota
115 views
Silvio's gross earnings for last week were $328.54. His remuneration consists of a base salary of $280 plus a commission
1 answer
asked by
Aron
3,971 views
Which of the following is not found on an income statement?
Responses Net sales Net sales Owner's equity Owner's equity Gross
1 answer
10 views
I need to know the formula for finding the 'lost sales'. I'm given the following information.
a. New Output b. Lost Output
0 answers
asked by
Lyra
509 views
Consider the following incomplete income statement:
Sales=$2,531,700.00 COGS=39.00% of sales Gross Profit Margin=61.00% of sales
7 answers
asked by
123
32 views
Which of the following is not found on an income statement?
Responses Net sales Net sales Net profit Net profit Gross sales Gross
1 answer
12 views
The sales clerks of Teresa's Treasures are paid a salary of $225 per
week plus a commision of 8% on all sales they make. Find the
1 answer
93 views
Silvio's gross earnings for last week were $328.54. His remuneration consists of a base salary of $280 plus a commission of 6%
1 answer
79 views
Silvio's gross earnings for last week were $528.54. His remuneration consists of a base salary of $480 plus a commission
1 answer
109 views