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  • accounting people inside...

    Net income 15,000
    operating expense 20,000
    net sales 75,000
    sales revenue 95,000

    what is the cost of goods sold?
    <b> \'95 Camaro 3.4L A4 <i>Rikku</i><br />AutoX - Drift - Street </b><br />\"Sideways is faster.\"

  • #2
    Sls 95
    ret/alw 20
    Net sls 75
    COS 40
    GP 35
    Op xp 20
    NI 15
    I solemnly swear I am up to no good.

    2008 Saturn Sky Red Line - Midnight Blue

    Pewter Mafia - 2000 Firebird - SOLD
    CENTRAL FLORIDA KNIGHTS!!!!!!!
    FLORIDA STATE SEMINOLES !!!!!!!

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    • #3
      whats the formula for finding that
      <b> \'95 Camaro 3.4L A4 <i>Rikku</i><br />AutoX - Drift - Street </b><br />\"Sideways is faster.\"

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      • #4
        Sales - returns or allowances = net sales
        Net sales - Cost of sales = gross profit
        gross profit - operating expenses = net income
        I solemnly swear I am up to no good.

        2008 Saturn Sky Red Line - Midnight Blue

        Pewter Mafia - 2000 Firebird - SOLD
        CENTRAL FLORIDA KNIGHTS!!!!!!!
        FLORIDA STATE SEMINOLES !!!!!!!

        Comment


        • #5
          Looks like we know what everglades does for a living :D lol
          <b><a href=\"http://members.cox.net/95batmobile/d86f.jpg\" target=\"_blank\">Sinister Six©</b></a><br /><a href=\"http://www.sounddomain.com/id/95batmobile\" target=\"_blank\">My \'95 Bird</a><br />I am not afraid of storms, for I am learning how to sail my ship.

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          • #6
            Originally posted by 95Batmobile:
            Looks like we know what everglades does for a living :D lol
            Occupation: Redneck, gainfully employed
            I solemnly swear I am up to no good.

            2008 Saturn Sky Red Line - Midnight Blue

            Pewter Mafia - 2000 Firebird - SOLD
            CENTRAL FLORIDA KNIGHTS!!!!!!!
            FLORIDA STATE SEMINOLES !!!!!!!

            Comment


            • #7
              Originally posted by 95Batmobile:
              Looks like we know what everglades does for a living :D lol
              post on message board?
              Fighting Texas Aggie Class 2008<br />3.4 t-top bird<br />K&N cai - Mangaflo 3in catback - 2.5in catco cat - Slect Coils - tb coolant bypass<br /><br />\"no matter how far we\'ve come, i cant wait to see tommrow\" LP

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              • #8
                holy crap...
                I could of used you for my actg project!!!!!! good to know that there's someone good with that though! Definitly will be posting

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                • #9
                  http://media.pearsoncmg.com/ph/bp/bp...h06/sld005.htm

                  [img]smile.gif[/img]


                  Waht class are you taking Financial Accounting?

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                  • #10
                    Yup
                    <b> \'95 Camaro 3.4L A4 <i>Rikku</i><br />AutoX - Drift - Street </b><br />\"Sideways is faster.\"

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