The price elasticity of demand is -0.048 and the revenue is $672.
Given that inverse demand function is p =50 – 0.5QFor finding the price elasticity of demand we have to first find the demand function from the inverse demand function.
Here, we have inverse demand function
p = 50 - 0.5Q
When we solve for Q, we have
Q = (50 - p) / 0.5
Now, we can find the derivative of Q with respect to P.
dQ/dP = -0.5
And, we have
Q = 84
We can use the formula of elasticity of demand: e = (P/Q) * (dQ/dP)
For the given value of Q and the value of (dQ/dP) we can find the elasticity of demand:
e = (P/Q) * (dQ/dP)e = (P/Q) * (-0.5)
Here, we have to find e when Q = 84
Substitute the value of Q = 84 in the demand function, we get
P = 50 - 0.5Q= 50 - 0.5(84)= $8
Now, substitute the values of P and Q in the formula of elasticity of demand,
e = (P/Q) * (-0.5)e = (8 / 84) * (-0.5)e = -0.0476
Revenue is given by the formula R = P * Q
We have P = 8 and Q = 84, so
R = P * Q= 8 * 84= $672
Therefore, the price elasticity of demand is -0.048 and the revenue is $672.
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Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answer:
C or A
Explanation:
I could answer better with more context
The legal form of business ownership in which owners have limited personal accountability for the debts
and dealings of the company is called a_____.
A.partnership
b. sole proprietorship
C.limited liability company
D. corporation
Phillipe has two job offers as given below and really has no preference for either company. Compare the total compensations for the job offers and explain which job you think Phillipe should accept and why. Company A Gross pay $62,000 Medical insurance $3,400 Paid time off $8,000 Retirement $2,700 Job expenses $800 Company B Gross pay $60,000 25% of gross pay in employee benefits
Answer:
Explanation:
He should accept job offer #1 bc it pays more and has more benefits.
Which scanning technologies is used by the banking industry to read data, account numbers, bank codes, and check numbers on preprinted checks?
The scanning technologies that are used by the banking industry to read data, account numbers, bank codes, and check numbers on preprinted checks is Optical Character Recognition (OCR)in the banking industry, Optical Character Recognition is used to read data account numbers,
the bank codes, and check numbers on preprinted checks. Optical Character Recognition (OCR) is a scanning technology used to recognize printed or written text characters inside digital images of physical documents, such as a scanned paper document or a photograph. The scanned image is converted into a machine-encoded text format by OCR. The scanning technology used by the banking industry to read data, account numbers, bank codes, and check numbers on preprinted checks is Optical Character Recognition (OCR)
Optical Character Recognition (OCR) is used to read data, account numbers, bank codes, and check numbers on preprinted checks in the banking industry. The scanning technology works by recognizing printed or written text characters inside digital images of physical documents, such as a scanned paper document or a photograph. Once the scanned image is captured, it is then converted into a machine-encoded text format by OCR. OCR technology is widely used in the banking industry as it saves time, reduces the possibility of errors, and is much faster than manually entering data OCR is an optical recognition technology that is capable of reading the numbers on a check using character recognition technology. The technology reads the characters on a check and converts them into digital text, which is then used to process the payment. OCR technology is used to help banks process payments more quickly and accurately.
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because of the moral hazard problem, a. lenders will write debt contracts that restrict certain activities of borrowers b. lenders will more readily lend to borrowers with high net worth. c. debt contracts are used less frequently to raise capital than equity contracts. d. all of the above e. only a and and b of the above
Lenders will enter into debt agreements that limit certain activities of borrowers, making them more likely to lend to borrowers with higher net worth. The lender creates a promissory note that limits certain activities of the borrower.
Option e is correct .
Lenders may include clauses in debt agreements that prevent the borrower from participating in certain activities that may increase the risk of default or impair the lender's interests. These limits are intended to balance the interests of borrowers and lenders, and to mitigate the problem of moral hazard.
Lenders are more likely to lend to borrowers with higher net worth. This is because these borrowers have a higher stake and are less likely to take risky behavior that could lead to default. Wealthier borrowers have greater ability to post collateral and personal guarantees, reducing the moral hazard problem.
Hence , option e is correct
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An organization wants to form a strategic alliance with another form. The second firm is at the same level along the value chain. It cannot contribute the same level of financial resources, although it can contribute an extensive level of knowledge. In order to accommodate these factors, they decide to start a legally independent firm. Which of the following alliances will be best suited for the organization?
1) An equity alliance
2) A distribution agreement
3) A contractual alliance
4) A joint venture
Answer:
A distribution aggreement will be best suited for the organization.
explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
_____ refer(s) to the annual assessment of the national level of entrepreneurial activity across countries, started as a partnership between London Business School and Babson College.
Global Entrepreneurship Monitor refers (s) to the annual assessment of the national level of entrepreneurial activity across countries, started as a partnership between London Business School and Babson College.
Global Entrepreneurship Monitor (GEM) is a consortium of national country teams, primarily associated with top academic institutions, that carries out survey-based research on entrepreneurship around the world.
The Global Entrepreneurship Monitor was conceived in September 1997 by Michael Hay of London Business School (LBS) and Bill Bygrave of Babson College.
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(If you can answer this question, please answer it. No one's been answering my questions ): )
Think about price, place, promotion, and product.
Do you see any limitations to using these methods to create a marketing plan? If so what limitations do you foresee?
vineland and moonited republic produce wine and cheese. the opportunity cost for the production of a bottle of wine in vineland is two pounds of cheese, and in the moonited republic is 2.5 pounds of cheese. based on this information, it can be concluded that
The opportunity cost of production is the cost of the next best alternative that must be given up in order to produce a certain good.
In this case, the opportunity cost of producing a bottle of wine in Vineland is two pounds of cheese, while in the Moonited Republic it is 2.5 pounds of cheese. This means that if Vineland decides to produce one bottle of wine, it must give up two pounds of cheese, and if the Moonited Republic produces one bottle of wine, it must give up 2.5 pounds of cheese. From this information, it can be concluded that the Moonited Republic has a higher opportunity cost of production for wine compared to Vineland. This means that it is more costly for the Moonited Republic to produce wine, and as a result, it is likely to produce less wine and more cheese compared to Vineland. On the other hand, Vineland has a lower opportunity cost of production for wine, so it is more likely to produce more wine and less cheese. In conclusion, the opportunity cost of production provides useful information for both countries to make informed decisions about the allocation of their resources and the mix of goods they should produce. By comparing the opportunity costs of different goods, they can determine which goods they should specialize in producing and which ones they should trade with each other.
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an online auction is based on the _____ business model of e-commerce.
An online auction is based on the C2C (consumer-to-consumer) business model of e-commerce.
In a C2C model, consumers buy and sell goods or services directly with each other, without the involvement of a middleman or business entity.
Online auctions, such as eBay, allow individual sellers to list items for sale and buyers to bid on those items. The seller is responsible for shipping the item to the buyer and completing the transaction.
This type of e-commerce model has become increasingly popular due to its convenience, low cost, and accessibility. In addition to online auctions, other examples of C2C e-commerce include classified ads, peer-to-peer lending, and online marketplaces for services like Airbnb or Uber.
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Smitty Museum purchased the copyright to a piece of artwork for $897,000. Smitty plans to reproduce 1.8 million posters of the artwork over a period of 12 years. Calculate the amortization for the year assuming the Museum plans to reproduce and sell 125,000 posters the first year.
Answer:
Annual amortization= $62,291.67
Explanation:
Giving the following information:
Purchase price= $897,000
Smitty plans to reproduce 1.8 million posters of the artwork for 12 years.
To calculate the amortization, we need to use the following formula:
Annual amortization= (original cost/total estimated production)*production for the year
Annual amortization= (897,000/1,800,000)*125,000
Annual amortization= $62,291.67
what does the concept of a "settlement range" or "zone of possible agreement" (zopa) refer to?
The concept of a "settlement range" or "zone of possible agreement" (ZOPA) refers to the range or zone,
within which parties in a negotiation can potentially reach an agreement or settlement that is acceptable to both parties.
In other words, it is the range of outcomes that both parties would find favorable and therefore be willing to agree to.
The ZOPA is typically determined by analyzing the parties' interests, needs, and positions, and identifying areas of overlap where mutually beneficial solutions can be found.
Negotiators often aim to expand the ZOPA by exploring creative solutions and generating value, in order to increase the likelihood of reaching an agreement.
The ability to identify and work within the ZOPA is critical to successful negotiations and the achievement of mutually beneficial outcomes.
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griffin service company, incorporated, was organized by bennett griffin and five other investors (that is, six in total). the following activities occurred during the year: received $90,000 cash from the six investors; each investor was issued 10,400 shares of common stock with a par value of $0.20 per share. signed a five-year lease for $180,000 for the right to use a building each year. purchased equipment for use in the business at a cost of $38,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months). signed an agreement with a cleaning service to pay $320 per week for cl
The recording of the transactions in the T-accounts for the Griffin Service Company Incorporated is given below.
Cash Account
Account Titles Debit Credit
Common stock $12,480
Equipment $9,500
Additional Paid-in Capital $77,520
Common Stock $600
Additional Paid-in Capital $4,400
Note Receivable $4,500
Common Stock
Account Titles Debit Credit
Cash $12,480
Cash $600
Additional Paid-in Capital
Account Titles Debit Credit
Cash $77,520
Cash $4,400
Lease Assets
Account Titles Debit Credit
Lease Liability $180,000
Lease Liability
Account Titles Debit Credit
Lease Assets $180,000
Equipment
Account Titles Debit Credit
Cash $9,500
Note Payable $28,500
Note Payable
Account Titles Debit Credit
Equipment $28,500
Land
Account Titles Debit Credit
Additional Paid-in Capital $35,00
Note Receivable
Account Titles Debit Credit
Cash $4,500
Hence, T-accounts is an accounting term which is usee to describe the ledger accounts.
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True or False: After calculating how much money you have left after paying for all of your monthly expenses, you can
olan on spending up to 50% of that amount on car expenses
Based on microeconomic theory, it is true that after calculating how much money you have left after paying for all of your monthly expenses, you can
plan on spending up to 50% of that amount on car expenses.
Note that after making a payment on living expenses, such as rent, mortgage, utilities, loans, car payments, and food, the money that remains is discretionary income.
This discretionary income can be used as savings, investment, or spending on your discretionary expenses such as vacations and travel expenses, car expenses.
This is because discretionary expenses are categorized under wants instead of needs.
Thus, given that planning for car expenses is a want, then the statement in the question is True.
Hence, in this case, it is concluded that the correct answer is "True."
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Is wanting to increase sales over the next year a good objective if (no/yes) write why
Answer:
Yes because some family's are not doing very good in money so they should be able to afford more items
But also no at the same time because if you have more sales more of your stuff will be out of stock.
Explanation:
question modemultiple select questionselect all that applyof the following, which three would be considered a component of the marketing plan? (check all that apply.)multiple select question.advertising tie-insproduction schedule marketing strategy situation analysis financial section
The three components that would be considered component of marketing plan are advertising, financial section and marketing strategy.
What is advertising?Advertising is a process and a set of techniques used to promote a product or service. Businesses try to get consumers to notice their products and services by using advertising. Commercial advertising typically aims to increase customer use of their products or services through "branding," in which consumers associate a product name or image with particular characteristics. On the other side, direct-response advertising describes commercials that are intended to stimulate an immediate purchase. Non-commercial entities that advertise their goods or services more than for-profit businesses include political parties, interest groups, religious institutions, and governmental agencies. Public service announcements are one type of free persuasion that non-profit groups are permitted to use.
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Three-month European put options with strike prices of $50, $55, and $60 cost $2, $4, and $7, respectively. What is the maximum gain when a butterfly spread is created from these put options?
Answer:
hiii...myself tanvi new on brainly...can get some help from you plz....to know the people
give four reason as to why being an entrepreneur is beneficial than a doing a job
Answer:
Hope this helps!
4 reasons:
Explanation:
1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.
2) Entrepreneurs get to make their own schedule. You can work for flexible hours.
3) You get to be more independent. Taking entrepreneurship will grant you freedom.
4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!
The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST) PERSONAL & FAMILY FINANCE
Owen wants to start a tutoring business. He has a space rented and a lot of ideas, but he has no employees who can tutor the students. Which category of economic resource does he require?
labor
entrepreneurial ability
land
Answer:
entrepreneurial ability
Sorry, no one answered your question sooner, hope that helps.
labor <><><><><><><><><><><><>
APR is typically higher than the interest rate because
*
1 point
APR is only associated with smaller loans
the interest rate only factors in the principle
interest rate is a better picture of the coast as a whole
APR includes fees and other costs
Answer:mk
Explanation:km
Select the items that are needs from your bank statement. ABC BANK Available Balance $230.00 Cell phone plan$45 Rent$400 Car insurance$60 Backpack$10 Electric bill$60 Car payment$250 Submit
Answer:everything but the backpack
Explanation:
Why is it important to use the right strategies to beat competition?:
Answer:
Therefore, competitive strategy is essential for the survival of the product in the market. Having a new competitive strategy to beat rival companies or their products by renaming or redesigning their products will help the company to be more profitable and create an image new on the market.
Which of the following is SIQ most likely to
stand for?
A. Station Identification Questionnaire
B. Standard Item Questionnaire
C. Software Inventory Questionnaire
D. System Identification Questionnaire
E. Station Inventory Questionnaire
Both a questionnaire and an inventory are examples of surveys. Simple to-answer questions are included in the questionnaire. These inquiries are made in an effort to obtain information, and they frequently concern particular topics.
Thus, Option E is correct.
What is the questionnaire data collection method?A questionnaire's objective is to gather data from respondents regarding their attitudes, experiences, and opinions. Questionnaires are frequently utilized in social and health sciences and market research. In order to increase customer satisfaction and profitability, our inventory assessments evaluate strategies, inventory management systems, processes, and procedures for developing new goods and managing inventory.
A questionnaire's objective is to collect information from a target audience. It will contain closed-ended and open-ended questions or a mix of the two.
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1. Define the oscopy approach in PCS coding.
2. Code the following scenario dividing the codes appropriately into the mom and baby charts: 29-year-old female presents for delivery. This is her third pregnancy. She is at 39 weeks of gestation. This is a normal pregnancy. After a normal delivery, she gives birth to a single liveborn. The little boy is circumcised on the second day without incident. Both mom and baby are discharged in good health.
3. Code the following scenario dividing the codes appropriately into the mom and baby charts: 36-year-old female presents for delivery. This is her first pregnancy. She has had a normal pregnancy without incident. She is 37 weeks gestation. This is a twin pregnancy. Baby A is delivered vaginally with low forceps and Baby B by C section. Both babies are fine.
4. Code the following scenario: 40-year-old multigravida presents for vaginal delivery in week 41. No problems during delivery. Single liveborn.
5. Code the following scenario: 26-year-old primigravida presents in week 38. Second-degree perineum tear. Single liveborn.
6. Code the following scenario: Baby born via C-Section transferred to Children's Hospital for Myelomeningioma with hydrocephalus. Code for Children's hospital.
1. Oscopy approach: Surgical instrument insertion method - open or percutaneous. 2. Mom: Normal delivery. Baby: Liveborn, circumcision. 3. Mom: Vaginal delivery with low forceps. Baby A: Vaginal delivery. Baby B: C-section. 4. Vaginal delivery of single liveborn at week 41. 5. Vaginal delivery, second-degree perineum tear, single liveborn. 6. Children's Hospital: Transfer for C-section-born baby with myelomeningioma and hydrocephalus. Code accordingly.
1. The term "oscopy" in PCS coding refers to the approach used during a surgical procedure. It is used to describe the method by which a surgical instrument or device is inserted into the body. The approach can be classified as either "open" or "percutaneous." An open approach involves making a larger incision to access the target area directly, while a percutaneous approach involves inserting instruments through the skin using a minimally invasive technique. The choice of approach depends on the specific procedure and the surgeon's preference.
2. For the given scenario, dividing the codes appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal delivery and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the liveborn status, circumcision, and any other relevant procedures or conditions related to the baby.
3. In this scenario, coding appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal pregnancy, twin pregnancy, vaginal delivery with low forceps, and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the C-section delivery, twin status, and any relevant procedures or conditions related to the babies.
4. For this scenario, the coding would involve assigning diagnosis and procedure codes for the vaginal delivery of a single liveborn baby in week 41 of gestation. The specific codes would depend on any additional procedures or conditions that may be present during the delivery.
5. In this scenario, the coding would involve assigning diagnosis and procedure codes for the perineum tear and the vaginal delivery of a single liveborn baby in week 38 of gestation. The specific codes would depend on the severity of the tear and any additional procedures or conditions that may be present during the delivery.
6. For the scenario involving the baby's transfer to Children's Hospital for myelomeningioma with hydrocephalus, you would need to code the diagnosis and any relevant procedures or conditions associated with the baby's condition. The specific codes would depend on the details provided in the scenario and the coding system used (such as ICD-10-CM for diagnosis coding and/or CPT or HCPCS for procedure coding). The codes should accurately reflect the baby's diagnosis and the reason for the transfer to Children's Hospital.
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what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
A variable cost is a cost that A) varies per unit at every level of activity. B) occurs at various times during the year. C) various in total in proportion to changes in the level of activity. D) may or may not be incurred, depending on management's discretion. Fixed normally will not include A) property taxes. B) direct labor. C) supervisory salaries. D) depreciation on buildings and equipment. Portman Company's activity for the first three months of 2016 are as follows: Using the high-low method, how much is the cost per machine hour? A) $2.00 B) $3.00 C) $2.26 D) $1.78 Hollis Industries produces flash drives for computers, which it sells for $20 each flash drive costs $13 of variable costs to make. During April, 1.000 drives were Fixed costs for March were $2 per unit for a total of $1,000 for the month How the contribution margin ratio? A) 25% B) 35% C) 65% D) 75%
1. A variable cost is a cost that C) varies in total in proportion to changes in the level of activity.
2. Fixed costs normally will not include B) direct labor.
3. Using the high-low method, the cost per machine hour for Portman Company is A) $2.00.
4. The contribution margin ratio for Hollis Industries is B) 35%.
What is the contribution margin?The contribution margin represents the difference between the unit sales price and the unit variable cost.
The contribution margin shows the profit level generated to cover fixed costs and earn net income.
The contribution margin ratio is a quotient of the contribution margin per unit and the sales unit price. The result is then multiplied by 100 to arrive at a percentage value.
Portman Company:January 1200 $3,900
February 1700 $4,900
March 2000 $5,500
High-Low Method:
2,000 $5,500
1,200 $3,900
800 $1,600
Cost per unit = $2.00 ($1,600/800)
Hollis Industries:Selling price per flash drive = $20
Variable cost per flash drive = $13
Contribution margin per unit = $7 ($20 - $13)
Contribution margin ratio = 35% ($7/$20 x 100)
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Question Completion for Portman Company:Portman Company:
January 1200 $3,900
February 1700 $4,900
March 2000 $5,500
Which of the following statements correctly define(s) profit margin? (Check all that apply.)
The statements that correctly define profit margin are:
Profit margin is the ratio of a business's net income to its net sales.
Profit margin is a useful measure of a business's operating results.
Profit margin is also called return on sales.
Profit margin is the amount of revenue received on a sale
What is profit margin?Profit margin is a type of profitability ratio. Profitability ratio measure the efficiency of a firm in generating profits from its assets.
Profit margin is used to determine which business activity is profitable. It determines this by dividing income by revenue. The higher the profit margin is, the more profitable a firm is.
Here is the complete question:
Which of the following statements correctly define(s) a profit margin? (Check all that apply.)
Profit margin is the ratio of a business's net income to its net sales.
Profit margin is the ratio of a business's net income to its accounts receivables.
Profit margin is a useful measure of a business's operating results.
Profit margin is also called return on sales.
Profit margin is the amount of revenue received on a sale
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what steps must countries take to transition to a mixed-market economy?
Answer:
The steps that contries must take to transition to a mixed-market economy is by first establishing a fair labor market, discouraging all foreign investment and opening up trade to other countries.
$5,900+net+sales:+$88,000+net+purchases:+$86,000+the+company's+gross+profit+ratio+is+20%.+using+the+gross+profit+method,+the+cost+of+goods+sold+and+the+estimated+ending+inventory+value+would+be:_________
Using the gross profit method, the cost of goods sold is $4720 and the estimated ending inventory value is $40,280.
How to solveCost of/ goods sold = (1 - gross profit ratio) * net sales = (1 - 0.2) * $5900 = $4720
Estimated ending inventory value = cost of goods available for sale - cost of goods sold = ($5900 + $86000) - $4720 = $40,280
The gross profit ratio is 20%, so the company's gross profit is $5900 * 0.2 = $1180. The cost of goods sold is therefore $5900 - $1180 = $4720.
The cost of goods available for sale is $5900 + $86000 = $91900. The estimated ending inventory value is therefore $91900 - $4720 = $40,280.
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