The foliowing transactions were cornpleted during the month: 1. Esved commonstock for $25,900cash. 2. Obtained a bark loan for $7,600 by issuing a note pwyable. 3. Paid $11,900 cash to buy equipment: 4. Paid $1.300eanh for April athce rent. 5. Paid \$1.550 for suppliec. 6. Purchased $650 of advertising in the Daily Heraid, on arcount. kuvtomiers on account: a. Paid 3439 castr diviatend to tookideler. 9. Prid the utility bill for the mont 52,160 10. Paie Baic Heratr the amout due intramaction (8). 12. Poid emploress ularets. $6,710. 14. Poid wenne an \$1.62]
Answers
Issued common stock for $25,900 cash. Obtained a bank loan by issuing a note payable for $7,600. Paid $11,900 cash to buy equipment. Paid $1,300 cash for April's rent. Paid $1,550 for supplies. Purchased $650 of advertising in the Daily Herald on account. Received $439 cash dividend from stockholders. Paid utility bill of $2,160. Paid Basic Herald the amount due from transaction (6). Paid employees' salaries of $6,710. Paid $1,620 for wages.
The transaction is straightforward. The company issued common stock and received $25,900 in cash.
The company obtained a bank loan by issuing a note payable. The amount of the loan is $7,600.
The company paid $11,900 in cash to purchase equipment.
The company paid $1,300 in cash for April's rent.
The company paid $1,550 for supplies.
The company purchased advertising worth $650 in the Daily Herald on account. This means they didn't make the payment immediately but will do so later.
The company received a cash dividend of $439 from stockholders.
The company paid a utility bill of $2,160.
The company paid Basic Herald the amount due from the transaction (6), which was $650.
The company paid employees' salaries amounting to $6,710.
The company paid $1,620 for wages.
The transactions completed during the month include various cash payments, stock issuances, purchases, and bill payments. The company obtained a bank loan, purchased equipment and supplies, and made payments for rent, advertising, dividends, utilities, salaries, and wages. These transactions reflect the financial activities of the company during the given period.
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Q. Rakesh owns a garment shop. He wants to expand his business but he is confused whether to appoint a manager or go in for a partner. Which is the better option and why?
Answers
Answer:
He should appoint a manager.
Explanation:
Rakesh must appoint a manager if he wishes to expand his business of garment shop. The manager will constantly strive to attain the desired goals on behalf of Rakesh. It will give sufficient time to him which he can use in looking for new target markets and customers, new products or items which he can add on to his shop, and much more. Meanwhile, the manager will lead the work and keep ensuring that the employees are working efficiently by motivating them. He will take all the necessary decisions to ensure that the intended profits and goals are achieved.
True or False. Liquidity means that your money is tied up and unavailable.
Answers
Answer: True
Explanation:
a price floor will: multiple choice question. lower the minimum wage. change the incentives that both buyers and sellers face. decrease profits for sellers. lower prices for buyers.
Answers
Answer: A price floor will change the incentives that both buyers and sellers face. This statement is true regarding a price floor.
Explanation:
What is a price floor?
A price floor is a government-imposed minimum price for a commodity or service, typically implemented to help suppliers earn a minimum profit or wage. A price floor, also known as a minimum price, is a legal restriction that does not allow the price of a good or service to fall below a certain level.
In economics, a price floor is a government or group-imposed price level that is above the market equilibrium price level. A price floor results in a surplus supply and a shortage of demand. The price floor must be set above the equilibrium price to prevent a decrease in price. This is the reason for a price floor's existence. The minimum wage law is an example of a price floor.
What does a price floor do?
A price floor shifts the supply curve upward and the demand curve downward, causing a surplus, which is a price greater than the equilibrium price. When the price floor is applied to the labor market as a minimum wage, it creates a surplus of labor, resulting in unemployment in the market.
What changes do buyers and sellers face with the imposition of a price floor?
A price floor changes the incentives that both buyers and sellers face. When a price floor is imposed, sellers' incentives increase because they can now charge more for their products or services. However, buyers' incentives to purchase a product or service diminish because the price has been set above the market equilibrium price. The result is a decrease in the number of goods or services that consumers buy and an increase in the number of goods or services that suppliers provide.
Therefore, a price floor results in a change in the incentives that buyers and sellers face.
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When planning for inventory, a company's goal is to have?
Answers
Answer:
The primary objective of inventory planning is to satisfy the needs of company customers. Whether the customer is a direct consumer, a distributor or another department within the company, inventory management should provide the best-quality service.
how much money does an employee working for a salary of 50,000 per year get paid each month
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57Q. Any and all marketing must be pre-approved by your:
Answers
Regarding the statement "any and all marketing must be pre-approved by your," it usually means that the company or organization has strict guidelines and protocols in place when it comes to marketing their products or services. This could be to ensure consistency in messaging and branding, as well as to comply with legal requirements.
In such cases, any marketing materials, whether it be digital, print, or otherwise, must be submitted for review and approval by a designated person or team within the company. This process may involve a review of the content, design, and overall message of the marketing materials, to ensure that they are aligned with the company's values and goals.
Depending on the size and complexity of the organization, the pre-approval process may involve multiple levels of review and sign-off. This may include marketing managers, legal teams, and executives, among others. By requiring pre-approval, companies can ensure that their marketing efforts are effective, compliant, and aligned with their overall objectives.
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Note- The question seems to be incomplete, The complete question isn't available on the search engine.
discuss the negative impact that crime has on businesses
Answers
Answer:
Crime has a significant negative impact on businesses around the world. It not only affects the business owner but also their employees and customers. The following are some of the ways in which crime impacts businesses.
Firstly, theft and burglary are common crimes that affect businesses. Thieves and burglars target businesses in the hope of making quick profits. The result is a loss of valuable and expensive equipment, inventory, and cash. Businesses can lose thousands of dollars due to theft and burglary. This loss often cannot be recovered, which affects the financial stability and profitability of the business.
Secondly, vandalism is another crime that affects businesses. Vandalism involves the destruction of property or assets and can happen for a variety of reasons, including revenge, vandalism, and theft. Such damage can be expensive to repair and can create a negative perception of the business in the eyes of its customers.
Thirdly, cybercrime is a modern type of crime that has significant effects on businesses. Many businesses now use technology for their day-to-day operations, which makes them vulnerable to cyber-attacks. Cybercriminals can attack a business's website, its payment systems, or email accounts, stealing sensitive information such as customer data, financial records, and intellectual property. Such attacks can lead to reputational damage and loss of trust, which ultimately affects the success or failure of the business.
Lastly, crime can create a sense of fear among employees and customers, which can lead to reduced sales and lower-levels of productivity. When employees are scared to come to work, they may call in sick or even quit their jobs, which makes it harder to run the business. Similarly, when customers perceive an unsafe environment, they often avoid returning to a particular business, which can also have a significant impact on the overall revenue of the business.
In conclusion, it's clear from the above that the negative impact of crime on businesses is significant. Business owners should take preventative measures to secure their premises, information, and employees, to protect the business from financial losses, reputational harm, and loss of clients. Moreover, the government must create policies to tackle crime and provide a safe environment for businesses to thrive.
Explanation:
hope i helped
Tamora has just graduated from college. when she entered college four years ago, she took out a $9,100 subsidized stafford loan, which has a duration of ten years. the loan has an interest rate of 5.4%, compounded monthly. if tamora makes monthly payments, how much interest will she have paid in total by the time the loan is paid off? round all dollar values to the nearest cent. a. $2,697.20 b. $1,574.00 c. $5,534.00 d. $3,888.08
Answers
For her subsidized stafford loan, Tamora has $2,697 of total interest paid for the last 10 years.
Total interest paid can be find from the remaining amount of the total payment made and the principal loan. To calculate the total interest paid of a loan, we have to find the total payment made within the period first.
To find the total payment, we need to know the monthly payment Tamora made or PMT. PMT can be find using the formula of:
PV = PMT ([1 - (1+r)^-n]/r)
PMT = PV / ([1 - (1+r)^-n]/r)
From the case, we know that:
PV = $9,100
r = 5.4% pa = 0.45% monthly
n = 12 x 10 years = 120 months
Tamora PMT should be:
PMT = PV / ([1 - (1+r)^-n]/r)
PMT = $9,100 / ([1 - (1+0,45%)^(-120)]/0.45%)
PMT = $98.31
Since Tamora has made 120 times payment, the total payment she made is:
Total payment = PMT x n
Total payment = $98,31 x 120
Total payment = $$11,797.03
Then, the total interest paid by Tamora is:
Total interest paid = Total payment - Principal loan
Total interest paid = $11,797.03 - $9,100
Total interest paid = 2,697.03
Total interest paid ≈ 2,697
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Answer:
A $2,697.20
Explanation:
^^
25. Firms HD and LD are identical except for their level of debt and the interest rates they pay on debt--HD has more debt and pays a higher interest rate on that debt. Based on the data given below, what is the difference between the two firms' ROEs?
Applicable to Both Firms Firm HD's Data Firm LD's Data
$200 Debt ratio 50% Debt ratio 30%
$40 Interest rate 12% Interest rate 10%
35%
2.18%
2.29%
2.41%
2.54%
2.66%
Answers
Answer: 2.41%
Explanation:
HD Equity = 200 * 50% = $100
LD Equity = 200 * (1 - 30%) = $140
HD Debt = 200 * 50% = $100
LD Debt = 200 * 30% = $60
Interest HD = 100 * 12% = $12
Interest LD = 60 * 10% = $6
ROE = Net Income/ Equity
HD LD
EBIT $40 $40
Less: Interest 12 6
EBT $28 $34
Less taxes: (35% * 28) (35% * 34)
Net Income $18.20 $22.10
HD ROE = 18.20/100 = 18.2%
LD ROE = 22.10/140 = 15.79%
Difference:
= 18.2 - 15.79
= 2.41%
Bethany has been assigned the task of shipping all of the exhibit parts for the trade show her company is participating in to Germany. She works with a shipping company and has all the parts packaged together in a crate that will be lifted directly from the company truck to the airplane. When the crate arrives in Germany it will go directly onto another truck and will be delivered to the convention center. What innovation in transportation is Bethany using
Answers
Bethany is using communication innovation to manage the required task.
Communication is the process of relaying information between people or parties about a specific issue. It can be done through various means that will help the flow of that required information.
In the given scenario, Bethany needs to ensure that the exhibit parts are transported to the designated destination. To make that happen, she cannot personally/individually do the work herself. So, she would need the help of a shipping company to help her transport the items for the trade show. This will be made through a communication process where she deals with the shipping company that will do the work for her. And ensuring that the parts are packaged together in a crate, put in an airplane, safely arriving in Germany, and delivered at the convention center, she needs to have a good communication flow and line with the shipping company and the person(s) involved.Through the process of communication, Bethany is able to ensure the safe and timely arrival of the exhibit parts for her company's trade show. The innovation in transportation that she used is that of communication with the people involved to help her move the exhibit parts and delivered them on time and safely. It is also one important aspect of globalization.
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Anyone who has the power to sway or persuade others, especially via their opinions and posts on a specific topic, market or industry, is known as a/an:
А
sharer
B
participant
С
contributor
D
influencer
Answers
In its 1st month of business, brewed awakenings, inc. Purchased $1,000 of supplies of which it had paid $700 and owes the rest. At the end of the month, it had $400 of supplies available for use. What is the amount of supplies expense on the income statement?.
Answers
Brewed Awakenings, Inc. completed its first month of operation. bought $1,000 worth of materials, of which it paid $700 and is still liable for the balance. It has $400 worth of supplies available at the conclusion of the month. There will be a $600 charge for materials on the income statement.
It spent $600 on items it had spent $1,000 on but only had $400 left. Supplies Expense is the amount used, and it is recorded as an adjusting entry with a debit of $600 to Supplies Expense and a credit of $600 to Supplies. One of the three crucial financial statements used to describe a company's financial performance throughout a certain accounting period is the income statement. An income statement offers useful information about a company's operations, managerial effectiveness, underperforming industries, and performance in comparison to competitors.
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Which economic tool would most likely be used as part of an expansionary
monetary policy?
O A. Selling treasury securities
B. Raising the reserve requirement
C. Reducing the discount rate
D. Increasing interest on reserves
Answers
Answer:
C. Reducing the discount rate
Explanation:
Expansionary monetary policies are macroeconomic undertakings by the Federal Reserve that aim at stimulating economic growth in the economy. Expansionary policies result in an increased flow of money in the country, which increases the aggregate demand.
The discount rate is the rate at which the Federal Reserve (the Fed ) charges commercial banks for advancing them credit. Reducing the discount rate makes loans from the Fed more affordable. Commercial banks will opt to borrow from the Fed at lower rates and lend out to households and firms at a higher interest rate, thereby making profits. Reducing the discount rate increases the money available for banks to lend out. Households and businesses will borrow this money for development and investments, which ignites economic growth.
Answer:
reducing the discount rate
Explanation:
ap3x
You can obtain any
through a loan,
borrowed money, or cash on hand.
A. business
B. asset
C. liability
D. employee
Answers
Answer:
C
Explanation:
Hope it's right
QUESTION 8 of 10: In a percentage lease, the landlord receives a
a) Assets
b) Expenses
c) Accounts payable
O d) Revenue
Submit
Answers
Answer:
d)revenue
Explanation:
the landlord receives a percentage of revenue earned from any business in addition to the base rent.
In a percentage lease, the landlord receives a revenue. Option d is correct.
What is percentage lease?A percentage lease is defined as one in which the tenant pays a base rent plus a percentage of any money generated while operating a company on the rental property.
A percentage lease pays the landlord a percentage of any business's revenue in addition to the base rent.
In comparison to a standard lease, the base rent is usually lower. The lower base rent is balanced out by the higher upside potential of a percentage lease.
Therefore, option d is correct.
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Suppose a colleague of yours is gearing up to write a business plan for a business she intends to start. She told you she plans to prepare the financial statement first to get that job out the way before she tackles the rest of the plan. What is the flaw in your colleague’s logic as described to you
Answers
Answer:Even though preparing a financial statement is an important part of a business plan, you shouldn't do it first and think of it as "getting that job done." Several reasons for this include:
The business plan's other components are interconnected with financial statements: The executive summary, company description, marketing plan, operations plan, and management plan are all interconnected with the financial statement, which is not a stand-alone section of the business plan. The financial statement is influenced by each of these elements. Sales projections, for instance, will be influenced by the marketing plan, which in turn will have an effect on revenue and other financial projections.
Without a comprehensive business plan, it is challenging to produce accurate financial statements: Information about the business's costs, expenses, and revenue sources is necessary for financial statements to be accurate and complete. Financial statements can be made more accurately with the assistance of a comprehensive business plan, which provides a deeper comprehension of the company's operations, target customers, and competition.
The overall business strategy should be reflected in the financial statement: The overall business strategy and objectives ought to be reflected in the financial statement. There is a risk of producing a financial statement that does not align with the business's overall objectives if the financial statement is prepared before the business strategy and goals are identified.
As a result, it is absolutely necessary to approach the creation of a business plan from a holistic perspective and to not place any aspect above others. To ensure a cohesive and efficient plan, each component should be developed with the other components in mind.
Explanation:
Describe how to make an electronic payment.
Answers
Answer:
In the explanation. :)
Explanation:
Each bank as similar ways when it comes to making an electronic payment. Once you are in your bank information on your phone or computer, you can set up a payment in the payments/bills section. You add the information to the bill you wish to pay and then you send the amount you want to pay ont he date you schedule it for.
Hope this helps. Have a great weekend.
If each boy in the school pays n$10 school fees, and each girl pays n$7, how much money is paid to the school altogether?
Answers
The amount of money paid to the school for children is given by the following equation:
T = 10x + 7y
What are equations?Equations are algebraic expressions that are characterized by having an equality, and expressions on either side of it. Equations have several uses, such as modeling problems, formulas, and graphing functions.
If in a certain school the tuition that is paid for each boy is $10 and for each girl is $7, the total value that will be paid to the school depends directly on the amount of money paid to each of them, so we only need to express it with an equation, and this will be:
xboys + ygirls = total
T = 10x + 7y
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Alaska Mining Co. acquired mineral rights for $67,500,000. The mineral deposit is estimated at 30,000,000 tons. During the current year, 4,000,000 tons were mined and sold.
a. Determine the amount of depletion expense for the current year.
b. Journalize the adjusting entry on December 31 to recognize the depletion expense.
Answers
Depletion expense is the cost allocated to natural resources over their useful life. The formula for depletion expense is (total cost of the resource – salvage value) / total units of the resource. In this case, the depletion expense can be calculated as ($67,500,000 - 0) / 30,000,000 = $2.25 per ton.
To journalize the adjusting entry on December 31 to recognize the depletion expense, the following entry should be made:
Depletion Expense $9,000,000
Accumulated Depletion $9,000,000
This entry records the depletion expense of $2.25 per ton for the 4,000,000 tons that were mined and sold during the current year. The Accumulated Depletion account is a contra asset account that accumulates the depletion expense over the life of the mineral deposit.
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Question 22 Marks: 1 A comprehensive water supply study must includeChoose one answer. a. trunk lines and pumping stations b. handling of special wastes c. alternative sources of water d. grit screening and sludge disposal
Answers
A comprehensive water supply study must include alternative sources of water, trunk lines and pumping stations, as well as grit screening and sludge disposal. The correct options are (a) and (d). The study should aim to evaluate the current water supply system and determine whether it can meet the current and future water demands.
The study should also identify alternative water sources, such as rainwater harvesting, wastewater treatment, and desalination, to supplement the existing water supply. Trunk lines and pumping stations play a critical role in the distribution of water from its source to the end-users. A comprehensive study must assess the condition of these facilities and identify areas that require improvement or replacement.
Grit screening and sludge disposal are essential components of the water supply system, as they prevent the accumulation of debris and ensure the safe disposal of waste products. A comprehensive study should evaluate the current disposal methods and identify alternative methods that are more efficient and environmentally friendly.
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The governance mechanism MOST closely connected with deterring unethical behaviors by holding top management accountable for the corporate culture is:
Answers
When top management need to be held accountable for unethical behavior, the best way is to use a Board of Directors.
What does a Board of Directors do?
These are the representatives of the shareholders in the leadership of the company.
They are the highest authority in the company and the policies they implement are meant to hold top management accountable for unethical behavior that might threaten the shareholders.
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If you have found the percentage of the value of total revenue accounted for by the four largest firms in an industry, you have found the
Answers
If you have found the percentage of the value of total revenue accounted for by the four largest firms in an industry, you have found the industry concentration ratio (CR4).
What is industry concentration ratio (CR4)?Industry concentration ratio (CR4) refers to the percentage of total sales in a market accounted for by the four largest businesses. It's a metric that's frequently used to determine the degree of competition in a particular industry. This figure is generally calculated as a percentage, with the total sales for the four largest businesses divided by the total sales for the industry as a whole.
The concentration ratio for any sector can be calculated in this way, whether it's for the top four businesses or any other number of leading businesses.
The higher the percentage of total market sales that are generated by the top four firms, the more concentrated the industry is perceived to be. In other words, if a greater percentage of the industry's revenue is concentrated in fewer hands, then the market is said to be more concentrated.
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8. One of Hope's coworkers quits, and during the next pay period Hope works 60 hours instead of 40 to help cover
the shifts. Which of Hope's deductions will definitely change as a result?
a. Her Federal tax
b. Her health
C. Her dental
d. Her retirement
Answers
Answer:
A
Explanation:
Federal income taxes are simply known to be collected by the federal government to pay their bills
State taxes are often collected by individual state governments to pay their specific state bills.
Income tax are simply regarded as Taxes on income, both earned in salaries, wages, tips, commissions and also those unearned in form of interest and dividends.
Conclusively, Income taxes can be levied on both individuals and businesses.
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Smith, inc. Uses a job-order costing system with the predetermined overhead rate of $12 per machine-hour. The job cost sheet for job #42a listed $12,000 in direct labor cost, $18,000 in direct materials cost, 1,200 direct labor-hours and 1,100 machine-hours. The total cost of job #42a is $.
Answers
Based on the information given the total cost of job #42a is $43,200.
Total cost of job #42aUsing this formula
Total cost of Job #42a = Direct materials + Direct labor + Predetermined overhead rate x Actual machine-hours
Let plug in the formula
Total cost of Job #42a = $18,000 + $12,000 + ($12 per machine-hour x 1,100 machine-hours)
Total cost of Job #42a= $18,000 + $12,000 +$13,200
Total cost of Job #42a= $43,200
Inconclusion the total cost of job #42a is $43,200.
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Suppose the government imposes a price ceiling of $80. This price ceiling is (not binding/binding) and the market price will be $_____. The quantity supplied will be______, and the quantity demanded will be_______. Therefore, a price ceiling of $80 will result in (a shortage/a surplus/neither a shortage nor a surplus)
Answers
Suppose the government imposes a price ceiling of $80. This price ceiling is (not binding/binding) and the market price will be $80. The quantity supplied will be less than the quantity demanded, and the quantity demanded will be more than quantity supplied. Therefore, a price ceiling of $80 will result in a shortage.
What is the market price?When the government imposes a price ceiling of $80, the market price will be at $80, while the equilibrium price will be above $80. The price ceiling will be binding since it will affect the market equilibrium. The equilibrium price will be at $100, which is above the price ceiling of $80. Therefore, the price ceiling of $80 will result in a shortage in the market.
Therefore, the quantity supplied will be less than the quantity demanded when the price is set below the market equilibrium price. A price ceiling will result in a shortage in the market because the sellers are not willing to supply enough goods at the price ceiling of $80 to satisfy the demand. The shortage arises because the quantity demanded exceeds the quantity supplied at a price ceiling.
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How do depreciating assets hurt your financial health?
a. They decrease your net worth.
b. They increase your discretionary spending.
d. They lower your FICO score.
c. They increase your equity.
Answers
Answer:
A
Explanation:
net worth is based on assets and income so if assets decrease your net worth decreases
how can Direct subsidized and direct Unsubsidized loans impact your monthly payments?
Answers
there are federal Unsubsidized loans
Unsubsidized student loan interest is usually compounded
DAILY
Unsubsidized: Interest begins accruing
right away
while students are enrolled in school
Subsidized: No payments are due in the first six months after you leave school.
nerdwallet
Subsidized Loans (safer)
If you don’t make payments the lender may add those interest charges to your loan balance
loan balance does not increase when you skip payments, and any payments you make go toward reducing your loan balance.
Unsubsidized loan
if you cant pay this can include wage garnishment, a drop in your credit score or a suspension of your professional license
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Stock Y has a beta of 1.45 and an expected return of 16.3 percent. Stock Z has a beta of .90 and an expected return of 12.6 percent. What would the risk-free rate have to be for the two stocks to be correctly priced relative to each other?
Answers
Answer:
risk free rate= 6.55%
Explanation:
expected return= risk-free rate +Beta*(Market rate- risk-free rate )
Stock Y
16.3=Rf+1.45(Rm-Rf)
16.3=1.45Rm-0.45Rf
Rm=(16.3+0.45Rf)/1.45
Stock Z
12.6=Rf+0.9*(Rm-Rf)
12.6=0.9Rm+0.1Rf
12.6=0.9(16.3+0.45Rf)/1.45+0.1Rf
risk free rate=(12.6-10.11724138)/(0.279310344+0.1)
risk free rate= 6.55%
Papa's Pizza has the following items for the past year: Net sales are $24,128, net income is $2,223, total assets at the beginning of year are $14,898, and total assets at the end of year are $15,465. What is the profit margin? 9.2%
61.7%
14.6%
14.9%
Answers
To calculate the profit margin, we divide the net income by net sales and express the result as a percentage:
Profit margin = (Net income / Net sales) x 100%
In this case, we have:
Net sales = $24,128
Net income = $2,223
Therefore:
Profit margin = ($2,223 / $24,128) x 100% = 9.2%
So the profit margin for Papa's Pizza for the past year is 9.2%.
What is cold Storewhat is cold Store
Answers
Answer:
Explanation:
Cold