Perform the Operations Indicated and Round to Three Places: 156

question 2

Short Answer

Perform the operations indicated and round to three places: 156.45 + 10.62 x 0.21 =

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Definitions:

Net Sales

Revenue from sales after deducting returns, allowances for damaged goods, and discounts.

Income Before Taxes

Earnings of a company before income tax expense is deducted, indicating its profitability from operations.

Operating Expenses

Costs associated with running a company’s day-to-day operations, such as salaries, rent, and utilities, but not including cost of goods sold.

Cost of Goods Sold

The immediate financial outlays associated with the creation of a company's sold products.