举一反三
- A business usually has a mark-up of 25% on cost of sales. During a year, its sales were $80,000. What was cost of sales? A: $64,000 B: $60,000 C: $20,000 D: $18,000
- Net sales is calculated by A: subtracting cost of sales from sales. B: subtracting sales returns and sales discounts from sales. C: subtracting sales returns, cost of sales, and sales discounts from sales. D: subtracting gross profit from sales.
- Which of the following changed year over year? A: sales volume B: sales cost C: variable sales D: cost of goods sold
- Gross profit is calculated as: A: Total sales - cost of sales - selling, general and administrative expenses - depreciation and amortization B: Total sales - cost of sales - selling, general and administrative expenses C: Total sales - cost of sales D: None of the above
- The gross profit percentage is calculated as: A: cost of goods sold divided by net sales revenue. B: net sales revenue minus gross profit on sales. C: net sales revenue minus cost of goods sold. D: gross profit divided by net sales revenue.
内容
- 0
Choose the best sentence for a cover letter. A: I made sales go up by 20%. B: I increased sales by 20%. C: Sales were increased by 20% by me. D: The sales were bumped up 20% while I worked there.
- 1
If a firm had sales of 60,000 during a period and sales returns and allowances of 3,000, its net sales were: A: 63,000 B: 60,000 C: 57,000 D: 3,000
- 2
Fresno Salads has current sales of $6,000 and a profit margin (net income/sales) of 6.5 percent. The firm estimates that sales will increase by 4 percent next year and that all costs will vary in direct relationship to sales. What is the pro forma net income?
- 3
At the beginning of the year there was $50 in the cash till and receivables were $2,000. Total sales revenue in the year was $230,000. Receivables at the end of the year were $3,000. Cheques banked from credit sales were $160,000 and cash sales of $50,000 have been banked. There is $100 in the cash till at the year end, but the accountant has discovered that some cash has been stolen.How much cash was stolen during the year? A: $18,950 B: $19,000 C: $19,950 D: $20,950
- 4
A company has the following summarised SOPL for the year. $Sales revenue 70,000 cost of sales (42,000)Goss profit 28,000expenses (21,000)Net profit 7,000 What is the company's gross profit margin for the year? A: 10% B: 40% C: 25% D: 17%