Answers
Answer:
$235,900
Explanation:
i hope she is your answer
The gross profit is $145,600. A company's gross profit is equal to its total sales less its total cost of products sold. Total sales include all goods sold by the company.
What are COGS?The total amount your company paid as a cost directly tied to the selling of products is known as the cost of goods sold. Depending on your industry, this could include resale products, raw materials, packaging, and direct labor associated with making or selling the product.
Given
Cash Sale = $21,100
Credit Sale = $341,700
COGS = $217,200
Required to Calculate the amount of the Gross Profit =?
Gross Profit = Sales - COGS
Gross Profit = 341,700 + 21,100 - 217,200 = $145,600.
Thus, the gross profit is $145,600. On the surface, a gross profit margin ratio of 50 to 70% appears to be healthy, and it is for many types of businesses, including retailers, restaurants, manufacturers, and other goods makers.
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Related Questions
How can a company economically benefit by Producing green products
Answers
Market equilibrium is the _____ between businesses and consumers.
Answers
Answer:
A.compromise
Explanation:
:) hope its help
Determine which of the following statements is correct regarding the relationship of ending inventory and beginning inventory.
A. The beginning inventory of the current period is the beginning inventory of the previous period.
B. The beginning inventory of the previous period is the ending inventory of the current period.
C. The ending inventory of the previous period is the ending inventory of the current period.
D. The ending inventory of the previous period is the beginning inventory of the current period.
Answers
The relationship between ending inventory and beginning inventory is ending inventory of the previous period is the beginning inventory of the current period.
Ending inventory is inventory that remains unsold at the end of a particular period of time. Beginning inventory is inventory that a business has in stock at the beginning of a particular period.
Ending inventory is a function of beginning inventory, cost of goods purchased, cost of goods sold.
Ending inventory = beginning inventory + cost of good bought - cost of good sold.
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What is the balance between supply and demand called ?
Answers
Answer:
I think it is Market equilibrium
The balance between supply and demand is known as the market equilibrium.
The supply and demand are determined through the price mechanism in a free market. Such as if the goods or services are bought more frequently then their prices will go up and vice versa.
This means that the price mechanism helps to determine what goods are to be produced. In the case where the demand for good increase will result in price go up and will ultimately result in producers supplying more of those goods.
This system of price helps to scale the point where competing demands may be weighed by the consumer or producer requirements.
However, the movement towards the price equilibrium and the resulting balance between the supply and demand is known as the market equilibrium.
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Which of the following statements is CORRECT? Question 9 options: The AFN equation for forecasting funds requirements requires only a forecast of the firm's balance sheet. Although a forecasted income statement may help clarify the results, income statement data are not essential because funds needed relate only to the balance sheet. Dividends are paid with cash taken from the accumulated retained earnings account, hence dividend policy does not affect the AFN forecast. A negative AFN indicates that retained earnings and spontaneous liabilities are far more than sufficient to finance the additional assets needed. If the ratios of assets to sales and spontaneous liabilities to sales do not remain constant, then the AFN equation will provide more accurate forecasts than the forecasted financial statements method. Any forecast of financial requirements involves determining how much money the firm will need, and this need is determined by adding together increases in assets and spontaneous liabilities and then subtracting operating income.
Answers
AFN has negative and positive sides. The correct statement is A negative AFN indicates that retained earnings and spontaneous liabilities are far more than sufficient to finance the additional assets needed.
AFN is known as Projected increase in assets – spontaneous increase in liabilities – any increase in retained earnings.When the AFN value is negative, it means the action or project that is underwork will bring about extra income for the company, which can be invested in another place.
Additional funds needed (AFN) is known as financial term used when a business intends to widen its operations.
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In 2015 Paul Gauguin's painting When Will You Marry sold for $300 million. Portray this sale in a demand and supply diagram and comment on the elasticity of supply. Comedian George Carlin once mused, "If a painting can be forged well enough to fool some experts, why is the original so valuable?" Provide an answer.
Answers
Answer:
Answer: The original painting is valuable because there is demand tor it in the market The demand is derived demand because the buyer wants to show his status in the society, and it could only be possible by associating with it. He is also the ones
Because there is a market for it, the original painting is valuable. The buyer wants to demonstrate his social standing, which drives demand.
What is Law of demand ?According to the law of demand, the quantity bought varies inversely with price. In other words, if the price increases the demanded quantity decreases.
He is also the person who paid the most to reserve the painting. The individual who values it the highest will get it if there is only a limited supply on the market. Some people strongly prefer the original picture and would not pay for it even though there are duplicates on the market.
The demand will then increase significantly. The original picture is represented by the demand curve in the aforementioned graph. when there is only one surviving original master work At equilibrium, the market's price is high.
Hence the original painting's demand is high and quantity is less, that's why it is sold for $300 million.
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The right body language during an interview can show that you are
(plzz aswer I have to do this now)
a
bored
b
confident
c
insecure
d
nervous
Answers
[tex]\huge \bf༆ Answer ༄[/tex]
The Correct choice is ~
[tex] \sf{b. \: \: confident}[/tex]Michelle is typing an e-mail to team members. The e-mail includes some issues that were discussed during a meeting and decisions that were made. Michelle is writing the _____.
Answers
Answer:
issues that were discussed in the meeting
Explanation:
David Davis plans to save $2,735 every year for the next eight years, starting today. At the end of eight years, David will turn 30 years old and plans to use his savings toward the down payment on a house. If his investment in a mutual fund will earn him 12.0 percent annually, how much will he have saved in eight years when he buys his house
Answers
Answer:
Denizen 3 4 and a great job time to for a the first time first aid kit the meaning of ghilli in a row to get the 5 to the 8th and then she says that she 38 the meaning that she should have a pool for her and the rest of her family head is of her own 4 who will not be available for the next one in night and or next at least the next other two nights as she is back at night and she is going out for a couple weeks and a great half birthday day for her birthday present so she can bring 5 500 on the on going 3
Explanation:
2 increase in the National College at Lahore 30th in September and 3rd 3 is a holiday in the UK for a couple week holidays holiday and the bear episode of a year is 4 up with and a in a advance bed booking form and the holiday accommodation for your child needs to be honest I have to read Allah and help you with you are as good as good as you can remember the first one is a bit more of 6 for her but you have a lot of money left for the me in the National capital 2176218754 3 and of 3 episode of my slow recovery and I a few days to 786 my back and the Caribbean world is a good 3 episode and I have been been working with a few people different and to the point of getting back to the office of profit of a sudden he is not working I properly managed made the best possible way of doing this to happen to her room with the help of the year but have to be honest honest and I will be back in the next couple of couple weeks with a couple in a row with a couple of days ago 5 6th June episode of puppeteer the meaning of ghilli in a row for the person in who is was not able 7 8 I a a I bit few couple few few couple few like of of like like of a of like of of a of like of of a of like months days years months days months years months days months years months days years months days months years months years days months years months years monthsSuppose that you are an orange grower. Would you expect the demand for your
orange to be more elastic or more inelastic? Why
Answers
It should be noted that the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded.
It should be noted that an elastic demand simply means a situation whereby a change in the price of a good lead to a larger change in the quantity demanded.
In this case, the demand for orange will be elastic because when there's a change in price, there'll be a larger change in quantity demanded. For example, an increase in price will make the customers buy other fruits.
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For each situation below, state whether it is an example of the income effect changing quantity demanded or an example of a change in income shifting demand.
a. The mean income in Detroit rises and people purchase more homes. _______________
b. The price of frozen pizza decreases, making frozen pizza more popular among college students. ______________
c. A recession forces many people out of work and more people purchase ramen noodles than before. ____________
d. An increase in the price of game consoles decreases sales, as fewer people can afford them. _______________
Answers
The following are examples of the the income effect changing quantity demanded :
The price of frozen pizza decreases, making frozen pizza more popular among college students.An increase in the price of game consoles decreases sales, as fewer people can afford themThe following are examples of a change in income shifting demand:
The mean income in Detroit rises and people purchase more homes.A recession forces many people out of work and more people purchase ramen noodles than before.The income effect leading to a change in quantity demanded arises when a change in the price of the good changes. Here purchasing power changes yet money income remains constant. The income effect leads to movement among the demand curve for the good.
A change in income that leads to a shift in demand occurs when there is a change in income leading to either an outward or inward shift of the demand curve.
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Bren Company sold a car for $17,100. The cost of the car was $37,000 and the depreciation expense was recorded at 10% for five and a half years. What was the gain or loss on disposal?
Answers
The loss on the disposal of the car is $-16,200.
The first step is to determine the total depreciation on the car.
Depreciation expense = percentage depreciation x cost of the asset
$37,000 x 0.1 = $3700
The second step is to determine the book value of the car = cost of the car - depreciation
$37,000 - $3700 = $33,300.
The book value is greater than the selling price of the car, so there was a loss on the sale. The third step is to determine the gain on the sale.
Loss = $17,100 - $33,300 = $-16,200
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3 of 45
In order to determine exactly what portion of a mortgage loan the VA will guarantee on behalf of
a qualified veteran, the borrower must apply for a
Answers
Answer:
Certificate of Eligibility (COE)
Explanation:
In order to determine exactly what portion of a mortgage loan the VA will guarantee on behalf of a qualified veteran, the borrower must apply for a Certificate of Eligibility (COE).
The Certificate of Eligibility (COE) is a letter issued by the Department of Veterans Affairs (VA), which attests the eligibility of the veteran for a VA-backed home loan. There are a few ways to obtain a COE:
Through mail, by filling out the VA Form 26-1880 (Request for Certificate of Eligibility).Through the VA's website.Through lenders.Veterans must also have at least one of the following Character of Service (COS) requirements upon discharge from the military: Honorable, General, Uncharacterized, and Under Honorable Conditions.
what are the functions of middle level management
Answers
Answer:
Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff. Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.Hope this helps you !!What of the following would not be relevant in a make-or-buy decision? What of the following would not be relevant in a make-or-buy decision?
Select one:
a. Avoidable fixed cost
b. Incremental fixed costs
c. Unavoidable variable costs
d. Opportunity costs
Answers
Tje correct answer is c. Unavoidable variable costs. Options that would not be relevant in a make-or-buy decision are unavoidable variable costs.
What are unavoidable variable costs?Corresponds to a type of expense that cannot be avoided, that is, it is an expense associated with other costs, such as interest rates, depreciation and taxes, being costs that do not depend only on the purchase decision, but costs arising from a commitment to use such expense.
In the make-or-buy decision process, it is necessary for organizations to carry out a structured and organized budget, to better allocate their resources between goals, income and expenses, in order to have greater control of their costs and a more strategic decision-making.
Therefore, the purchase decision process must be based on strategic planning to meet objectives and goals aligned with your needs and best opportunities.
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Which liquidity ratio is considered to be the most stringent because it eliminates inventory in its measurement
Answers
Acid test or quick ratio is the liquidity ratio that is most stringent because it
eliminates inventory in its measurement.
Acid test ratio can be calculated by:
Current assets - inventory
current liabilities
Acid test ratio eliminates the inventory which is the least liquid asset from
current assets. This ratio help companies determine how fast it can convert
its assets into cash in order to take care of its liabilities.
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Suppose Yummy Treats Bakery issues common stock in exchange for a building. Yummy Treats Bakery should record the building at Question content area bottom Part 1 A. the par value of the stock given. B. its book value. C. its market value. D. a value assigned by the board of directors
Answers
Based on the information given Yummy Treats Bakery should record the building at: C. its market value.
Market value is the value of an asset in the market or the amount at which an asset will be sold in the market.
Building is an asset and since common stock was issued out in exchange for a building , the best options is that Yummy treats bakery should record the building at the market value the asset or the building.
Inconclusion Yummy Treats Bakery should record the building at: C. its market value.
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what is the most technical challenge for mr?
Answers
Answer:
The most technical challenge for true AR/MR is maintaining accurate spatial registration of real and virtual elements such that the deviation is within the perceptual limits of the human sensory system.
...............................................Question 1 of 15.
#1. Objective A: Left Turn
True False
Mark for follow up
Answers
Based on the question above, the correct answer goes thus:
TrueObjectivityTo be objective implies that you State facts as it is devoid of your opinions. According to the available text, left turn is true
In conclusion, we can conclude that the correct answer is true
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A hurricane hits the coast of the United States, destroying oyster farms. Afterward,
oyster farmers have far fewer oysters to sell to stores and restaurants.
What is this situation an example of?
A. Incentive
B. Demand
C. Scarcity
D. Trade-off
Answers
The situation is an example of scarcity.
Circuit Pro, a manufacturer of electrical circuits, wants to decrease the per-unit cost of making its products. Which incentive should Circuit Pro offer to align workers with firm-level strategic objectives
Answers
Based on the information given, the incentive that should be used is that an employee with a cost-cutting idea will be paid 10% of the first-year savings.
Strategic objectives simply mean the purpose statement that are vital in creating an overall vision for a company and setting its goals to achieve desired outcome.
Since the manufacturer of electrical circuits, wants to decrease the per-unit cost of making its products, the incentive should be that an employee with a cost-cutting idea will be paid 10% of the first-year savings. This will help the workers align with the objective
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You sell friendship bracelets. You have an agreement with your best friend, Georgina, who is a great artist
in photography, that she will photograph all her subjects wearing your friendship bracelets. You have
agreed that you will get 25 percent of the proceeds from the sale of photographs and she will get 25
percent of the sale proceeds from your bracelets. It turns out that Georgina had a photo-lab partner who
actually did all the film and photo development while she just took the pictures, and who wanted part of her
proceeds. Because of this arrangement, you are considered to be a partner with him.
False
Theo
Answers
False
Explanation
You are still giving her the 25% not him
What is a "strategic move"?
A strategic move is
1) the outcome of a game in which each player is doing the best it can regardless of what its competitors are doing
2) a commitment to reduce one's options
3) an action that obeys the rules of the game
4) a strategy that is optimal no matter what an opponent does.
5) a value associated with a possible outcome
Answers
Answer:
four
Explanation:
The answer is four because the dictionary definition is "in order to gain a strategic advantage and increase one's payoff." If you have an advantage than it doesn't matter what your opponent does. So there for the answer is #4.
What information should be included in the opening paragraph of a thank-you letter?
a.
Mention skills that were omitted during the interview
b.
Reinforce any points perceived as weaknesses
c. Mention looking forward to a response
d. Reinforce interest and fit for the position
Answers
In a "thank-you letter," the opening paragraph should d. Reinforce interest and fit for the position.
In the second paragraph, you should mention skills omitted during the interview and reinforce weaknesses before stating that you look forward to receiving a response.
A thank-you letter should have a positive tone and convey enthusiasm for the job if this were the case. Do not overcommit yourself or sound desperate. Express your gratitude for the opportunity to learn more about the company, showing your interest in the position.
Thus, in the opening paragraph, you should reinforce your interest and fit for the position.
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Answer:c. mention looking forward to a response
Explanation:
Help buissness help help help
Answers
Answer:
milton fredman
Explanation:
According to the income balance, the “+” sign refers to _____ and the “-” sign refers to _____
Answers
Answer:
positive negative or addition and subtraction
What do you think the curves would look like in the next 100 years?
Answers
Answer:The last 100 years have seen a massive fourfold increase in the population, due to medical advances, lower mortality rates, and an increase in agricultural productivity made possible by the Green Revolution.
Help help help buissness help help
Answers
Answer:
B
Explanation:
Answer: B
Explanation:
How much interest would be paid on a credit card at the end of the second 30-day month on a one-year $1,000 loan at a 12.99% annual rate? Assume you pay nothing at the end of the first 30-day month.
a. $109.10
b. $10.92
c. $108.10
d. $10.91
e. $10.80
Answers
The amount of interest that would be paid on a credit card at the end of the second 30-day month is equal to: E. $10.80.
Given the following data:
Principal = $1,000Interest rate = 12.99%Time = 30 daysConversion:
365 days = 1 year
30 days = X year
Cross-multiplying, we have:
[tex]365X = 30\\\\X=\frac{30}{365}[/tex]
X = 0.08219 year
To determine the amount of interest that would be paid on a credit card at the end of the second 30-day month:
First of all, we would calculate the simple interest for the first 30-day month:
Mathematically, simple interest is given by the formula:
[tex]S.I = \frac{PRT}{100}[/tex]
Where:
S.I is the simple interest.P is the principal amount.R is the interest rate.T is the time measured in years.Substituting the given parameters into the formula, we have;
[tex]S.I = \frac{1000 \times 12.99 \times 0.08219}{100}\\\\S.I = \frac{1067.648}{100}[/tex]
Simple interest = $10.6765
[tex]S.I = 1000 + 10.6765[/tex]
S.I = $1010.6765.
Now, we can determine the amount of interest that would be paid on a credit card at the end of the second 30-day month:
[tex]S.I_2 = \frac{1010.6765 \times 12.99 \times 0.08219}{100}\\\\S.I_2 = \frac{1079.05}{100}[/tex]
Interest = 10.79 ≈ $10.80.
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Stuart McGregor’s goal was to be a chef, and he received a highly prestigious apprenticeship just before turning 17. Soon after starting his apprenticeship, he
Experienced verbal abuse at work, and colleagues began making innuendos about his sexuality. He was once given a large bag of peas by the kitchen managers and asked to count them.
McGregor was told by his colleagues that he was going to receive an award. Excitedly, he called his family and could not wait to receive the award later in the day. Unknown to him, however, his peers had broken into his car and stolen the knob of his gear stick. They then wrapped it up and gave it to him as his “award” in front of the entire staff.
McGregor was regularly asked to perform tasks he did not know how to do and then was ridiculed when he did them incorrectly. Shortly before the conclusion of the apprenticeship period, he was invited to go on a camping trip with his workmates. Sadly, the kitchen managers threatened him with bodily harm if he went. McGregor was afraid for his safety and made excuses to avoid the trip.
Another employee ultimately complained about being bullied, and investigators questioned McGregor about his experience. He denied being bullied, probably out of fear for his safety, fear of losing his job, or because he thought he could handle the situation.
Consider how you might have resolved the situation faced by Stuart McGregor. Applying the 3-Step Problem-Solving Approach
1. Define the problem in this case.
2. Identify what OB concepts or theories help explain McGregor’s situation and reaction.
3. Recommend what you would do if you were McGregor and also if you were the manager of the
restaurant.
Prepare a 15-minute PowerPoint presentation on your approach indicating the problem, the theories you will use to explain the problem and the recommendations you will suggest.
Answers
1. The problem in this case is the bullying that McGregor suffers in the workplace and his difficulty in seeking help to solve the problem for fear of losing his job or because he thought he would know how to deal with the situation.
2. The concepts or theories of Organizational Behavior (OB) help to explain McGregor's situation and reaction towards identifying the motivation of an individual's actions in the workplace.
McGregor's behavior was influenced by the bullying he suffered, and the behavior of his co-workers may have been influenced by the fact that McGregor is only 17 years old and has already achieved a prestigious apprenticeship to help him achieve his goal of becoming a chef.
3. Looking at the case, what McGregor should have done was to immediately report to his manager the abuses he was experiencing in the workplace.
And the manager should seek to identify the problem based on the analysis of the integration of employees, coordinating the team and motivating ethical behavior in the company.
Therefore, from the 3-step problem solving approach is to identify the problem, create strategies for change and implement the solution.
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