1. ABC Company had $32000 in net sales $15000 in cost of merchandise sold $16000 in operating expenses and $2000 in other income. What is ABC Companys gross profit? (Points : 2) A. $17000 B. $3000 C. $1000 D. ($1000) 2. If title to merchandise purchases passes to the buyer when the goods are shipped from the seller the terms are (Points : 2) A. n/30. B. FOB shipping point. C. FOB destination. D. consigned. 3. Office salaries depreciation of office equipment and office supplies are examples of what type of expense? (Points : 2) A. Selling expense B. Miscellaneous expense C. Administrative expense D. Other expense4. Which of the following statements is incorrect? A. The number of S corporation shareholders is unlimited. B. S corporations must allocate income and expenses to their shareholders based on their proportionate ownership interest. C. S corporation losses can offset shareholder income from other sources. D. S corporation income is taxed to shareholders when earned.
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BENCHMARK – EFFECTS OF CHILDHOOD TRAUMA WORKSHEET
Academic Level University Subject Healthcare Type of Paper Other (Not listed) Paper Format APA Assessment Traits Benchmark Requires Lopeswrite Assessment Description Complete the “Effects of Childhood Trauma Worksheet” document attached. While APA format is not Read more…