In 2022, Company A had net sales of $465,000, cost of goods sold at $260,000,...

50.1K

Verified Solution

Question

Accounting

In 2022, Company A had net sales of $465,000, cost of goods sold at $260,000, total operating expenses at 100,000 with taxes of 16,000.

In 2022, Company B had net sales of 440,000, cost of goods sold at $247,000 total operating expenses at 40,000 with taxes of 12,000. Write three sentences or more in which you calculate and compare the bottom line of two companies.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students