One way to increase gross profit on sales is to a. Increase sales revenue. b. Increase cost

Question:

One way to increase gross profit on sales is to

a. Increase sales revenue.

b. Increase cost of merchandise sold.

c. Decrease sales revenue.

d. Decrease expenses.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Glencoe Accounting First Year Course

ISBN: 9780078688294

1st Edition

Authors: Andrée Vary

See More Books

Question Posted: Jun 13, 2022 12:26 AM

See More Questions

One way to increase overall profitability is to increase gross profit. This can be accomplished by raising prices and/or by reducing manufacturing costs. REQUIRED a. Will raising prices and/or...
Cost of merchandise sold reported on the income statement was $130,000. The accounts payable balance increased $6,200, and the inventory balance increased by $11,400 over the year. Determine the...
Cost of merchandise sold reported on the income statement was $420,000. The accounts payable balance decreased $22,500, and the inventory balance decreased by $26,000 over the year. Determine the...
Determine whether the given functions are even, odd, or neither. a. x sin(x) c. x cos(x) e. x sin(x) + x sin(x) f. x sin(x) + x cos(x) even h. x sin(x) + x cos(x) j. x cos (x) + x cos(x) b. x sin(x)...
Discuss why cash can be affected by purchasing-power risk, and why inventory may or may not be subject to this risk.
Is what you think of as taste largely smell? Cut up an apple and a pear, hold your nose, and chew. Can you tell which is which? Now release your nose and allow yourself to smell as you eat. Now can...
The stream function for a given two-dimensional flow field is \[ \psi=5 x^{2} y-(5 / 3) y^{3} \] Determine the corresponding velocity potential.
Is eBay doing the right thing by sticking to its current strategy? What changes, if any, would you recommend to Donahoe? Pop quiz: Name the high-tech company that got its start in someones living...
Teamwork has become a necessity within business today. Leading effective and productive teams is a vital leadership skill for you to develop. Consider an effective team you have observed or...
Each year forbes ranks the world's most valuable brands. A portion of the data for 82 of the brands in the 2013 forbes list is shown in Table 2.12 (forbes website, February, 2014). The data set...
Name the two parts of stockholders equity.
Your company, The Bookworm, was purchased several months ago by an international bookstore chainThe Best Seller. Your new boss, Gabriella Sitta, asks you to create the end-of-year financial...
There are 1265 eligible voters in a town, and 972 of them are registered to vote. If one eligible voter is selected at random from this town, what is the probability that this voter is a. Registered?...
If a company has issued 2 million shares, the share price is $ 125 per share, and the company has generated $ 18 million in earnings, calculate the PE ratio. Round your answer to the nearest...
Using the Diversity Wheel as a lens, introduce and describe a construction owner to your classmates in Using the Diversity Wheel as a lens, introduce and describe yourself as a construction owner to...
Research the "Moral Model of Addiction" through a search engine and looking through journal articles in the UMass Global Online Library. Analyze why the Medical/Disease Model of Addiction is...
5. Unilever's cost of goods sold for 2014 is $36 million. How much inventory (in $) does the company hold if it has a one-month supply of inventory on average
Find the compound interest and future value. Round your answers to the nearest cent. Do not round intermediate steps. Principal Rate Compounded Time $760 5% Daily 1 year The future value is $, and...
Find the Gram matrix K for the functions l,ex, e2x using the L2 inner product on [0, 1 ]. Is K- positive definite?
Suppose that A is an m n matrix with linearly independent columns and the linear system LS(A, b) is consistent. Show that this system has a unique solution.
Can robots replace human workers in manufacturing? Explain your answer.
If you were considering introducing robots in your manufacturing plant, what management, organization, and technology issues would you need to address?
How powerful is Watson? Describe its technology. Why does it require so much powerful hardware?
Find the first derivative of the following equation: a. b. y=e3x y=e(x+1) d. y=125x+16-2x y=ln x y=ln (3x+x1) y=In (x+1)
The Cutting Department of Lasso Company has the following production and cost data for August. Production Costs 1. Started and completed 9,600 units. Beginning work in process $0 2. Started 2,300...
There is sufficient evidence to support the conclusion that a robust relationship exists between drugs and crime. Explain and discuss the studies that support this conclusion. Further explain and...

One way to increase gross profit on sales is to a. Increase sales revenue. b. Increase cost

Question:

Step by Step Answer:

As a business manager you can improve Gross Profit of your b...View the full answer

Glencoe Accounting First Year Course

Students also viewed these Business questions