edidonato1448 edidonato1448

21-10-2022
Business

Answered

which of the following are found on the income statement of a merchandiser? (check all that apply.) multiple select question. deferred revenue cash sales revenue cost of goods sold inventory accounts receivable gross profit

Answer :

febyyyvaalentina febyyyvaalentina

24-10-2022

Gross Profit

Sales Revenue

Cost of Goods Sold

The income statement is one of the financial statements that must be made by every company. Because this is a reference related to the financial condition that occurred at that time. Not only that, but this report must also be made as detailed as possible if the company is a large or multinational company. This is intended if when an evaluation is carried out, the data information is more comprehensive and can be accounted for.

Usually, this report is made to explain the company's financial condition at a certain period. Therefore, most reports are done at the end of the year or the end of the month, according to the provisions of the company.

You can learn more about income statement here brainly.com/question/28035395

#SPJ4

Answer Link

Other Questions

the income statement for abc company shows gross profit of $144,000; operating expenses of $130,000; and cost of goods sold of $216,000. what is net sales reven

cash equivalents are reported on the blank . (check all that apply.) multiple select question. statement of retained earnings income statement statement of ca

determine which statements below are correct regarding merchandise available for sale during a period. (check all that apply.)multiple select question.beginning

what are the cost components for self-constructed assets? (select all that apply.) multiple select question. direct labor manufacturing overhead operating exp

payton corporation has sales of $200,000, a contribution margin ratio of 35%, and a profit of $40,000. if 10,000 units were sold, what are total variable costs?

variable costs as a percentage of sales for lemon inc. are 78%, current sales are $585,000, and fixed costs are $176,000. how much will operating income change

in a typical inventory status record which of the following would you not expect to see? a. order quantity b. scrap allowance c. gross requirements d. planned-o

merchandise is sold for cash. the selling price of the merchandise is $1,300, and the sale is subject to a 6% state sales tax. the entry to journalize the sale

which type of marketing channel includes a retailer or other intermediaries in the delivery of goods and services to consumers? multiple choice question. single

14-1 changes in sales cause changes in profits. would the profit change associated with sales changes be larger or smaller if a firm increased its operating lev