Multiple Choice
Kendra's company reported total sales of $500, sales returns and allowances of $50, and sales discounts of $25. What is Kendra's net sales amount?
24
views
4. Merchandising Operations
Net Sales
Struggling with Financial Accounting?
Join thousands of students who trust us to help them ace their exams!Watch the first videoMultiple Choice
If Dylan paid a plumber $120 for 4 hours of labor, what is the plumber's hourly rate?
A
$120 per hour
B
$24 per hour
C
$30 per hour
D
$40 per hour
Verified step by step guidance1
Step 1: Identify the total amount paid by Dylan, which is $120, and the total hours worked by the plumber, which is 4 hours.
Step 2: Recall the formula for calculating the hourly rate: Hourly Rate = Total Payment ÷ Total Hours Worked.
Step 3: Substitute the given values into the formula. In MathML, the formula would look like this: .
Step 4: Perform the division operation to determine the hourly rate. Divide $120 by 4 hours.
Step 5: Interpret the result to confirm the plumber's hourly rate based on the calculation.
9:04mWatch next
Master Net Sales:Sales Discounts (Gross Method) with a bite sized video explanation from Brian
Start learningRelated Videos
Related Practice
