Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. mayer's corporation had sales of $24,000, cost of

Mayer's corporation had sales of $24,000, cost of sales of $10,000, advertising expense of $8,500,...

60.1K

Verified Solution

Question

Accounting

Mayer's corporation had sales of $24,000, cost of sales of $10,000, advertising expense of $8,500, and income tax expense of $1,500. what is gross profit?

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