Ms Treadway's Athletic Shoe Store Had Gross Sales of $62,500

question 89

Multiple Choice

Ms. Treadway's athletic shoe store had gross sales of $62,500 in January. Compute her NET SALES for the month from the following data.

• A) $59,500
• B) $5,500
• C) $48,000
• D) $60,000
• E) $3,500

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Definitions:

Voluntary Sabbaticals

These are periods of leave, often unpaid, offered by employers to employees as a benefit, allowing them to take a break from their work for personal development, research, travel, or rest.

Medium-Term Cost

Expenses or investments expected to impact an organization's financial health over a moderate timeframe, usually between one to five years.

Facility Shutdowns

The process of closing business facilities temporarily or permanently, which may result from economic, strategic, or operational decisions.

Operation Reductions

A strategy aimed at decreasing the complexity and costs of business operations, often through simplifying processes, cutting unnecessary tasks, or outsourcing.