Advertising 2,800 beginning of year inventory 37,800 depreciation 1,300 end of year inventory 38,200 general and administrative expenses 5,100 gross sales 145,600 interest expense 5,000 lease payments 2,600 management salaries 39,500 purchases 41,600 research and development 7,800 returns and allowances 8,100 taxes 16,200. what was gross profit from income statement for the year ending december 31, 2017? 2. what was operating profit (i. e., ebit) from delicious dishes income statement for the year ending december 31, 2017?

Which financial component is a mandatory deduction from your gross pay? a. sales tax b. social security tax c. health insurance d. disaster relief fund (drf) e. voluntary deduction

Match the given situations to the type of risks that a business may face while taking credit. 1. beta ltd. had taken a loan from a bank for a period of 15 years, but its sales are gradually showing a decline. 2. alpha ltd. has taken a loan for increasing its production and sales, but it has not conducted any research before making this decision. 3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession. 4. delphi ltd. has taken a short-term loan from the bank, but its supply chain logistics are not in place. a. foreign exchange risk b. operational risk c. term of loan risk d. revenue projections risk

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.