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Every dollar flingers saves in purchasing has the same impact as what amount of increased​ sales?

Posted on October 22, 2021 By Rleiphart1 3 Comments on Every dollar flingers saves in purchasing has the same impact as what amount of increased​ sales?

Every dollar flingers saves in purchasing has the same impact as what amount of increased​ sales?

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Comments (3) on “Every dollar flingers saves in purchasing has the same impact as what amount of increased​ sales?”

  1. Expert says:
    October 23, 2021 at 3:46 am

    explanation:

    kool beans

    Reply
  2. naomicervero says:
    October 23, 2021 at 8:44 am

    The $20 amount of sales has increased

    Explanation:

    The amount of increased sales for the year 2014 is computed as:

    Increased sales = Sales / Pre- tax earnings

    where

    Sales for the year amounts to $10,000,000

    Pre- tax earnings for the year amounts to $500,000

    Putting the values above:

    Increased Sales = $10,000,000 / $500,000

    = $20

    Here we have to found, the increased sales, so only the sales amount and the earnings is considered while computing or evaluating the same.

    NOTE: Here the question is missing as in the items are missing. So, I am providing the same. This is the question:

    Flingers Company states the information in their annual report for the year 2014.

    Earnings and Expense as:

    Sales- $10,000,000

    Cost of goods sold -$5,000,000

    Pretax earnings -$500,000

    Few Items of Balance Sheet

    Merchandise inventory - $80,000

    Total assets -$2,000,000

    Reply
  3. Expert says:
    October 24, 2021 at 1:00 am

    explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.

    Reply

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