Smith, Kathy Bergren
Expenses are costs incurred during the process of selling products and services to customers. Expenses can be direct or indirect. Expenses are listed on the income statement after revenue, and they reduce net income.Answer and Explanation: The largest expense incurred by...
The sale of war surplus continued for years and helped spawn some companies including Edmund of Barrington, New Jersey. Some wartime products remained in production and would be marketed by the manufacturers directly to the consumer well into the 1950s. For example a “7x 50 MM, GOVERNMENT, ...
It may be that some company acquired enough surplus Mark 37 binoculars to sell so that they ordered these cases from Japan, these could have been included with each binocular sold or offered as an option for each binocular. As mentioned above, our Mark 37 binocular arrived well protected wit...