A retailer with sales of $1 million wants to increase its efficiency rating from 20 percent to 30 percent. To what must it reduce selling expenses?

a. $200,000
b. $300,000
c. $400,000
d. $700,000

d

Business

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Crystal, Inc is a merchandiser of stone ornaments

The company sold 8,000 units during the year. The company has provided the following information: Sales Revenue $593,000 Purchases (excluding Freight In) 304,000 Selling and Administrative Expenses 68,000 Freight In 14,000 Beginning Merchandise Inventory 46,000 Ending Merchandise Inventory 42,000 What is the operating income for the year? (Round your answer to the nearest cent.) A) $203,000 B) $322,000 C) $271,000 D) $525,000

Business

Most persuasive messages combine

A) truth and falsehood. B) current and very old evidence. C) logical and emotional factors. D) many major points all at once. E) demographics and psychographics.

Business