Dublin Corporation reported net sales of $250,000, cost of goods sold of $150,000, operating expenses of $50,000, net income of $32,500, beginning total assets of $520,000, and ending total assets of $600,000. Calculate each of the following values and explain what they mean: (a) profit margin and (b) gross profit rate.
Answers
The profit margin rate is 13%. And the gross profit rate is 40%.
Net Profit Margin = Net Profit ⁄ Gross Revenue x 100
Net Profit is calculated by subtracting all company expenses from gross revenue. Profit margin calculation results are expressed as a percentage. For example, a 10% profit margin means that for every $1 in sales, the company earns $0.10 in net profit.
But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high.
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Related Questions
Apple Computer maintains company headquarters in _____.
Answers
Answer: Cupertino
Explanation: Apple Park is located 1.2 miles east of the original Apple Campus. Apple has had a presence in Cupertino since 1977, which is why the company decided to build in the area rather than move to a cheaper, distant location. The campus is also next to a contaminated site under Superfund legislation with a groundwater plume.
A weekly report for new agents at a vacation sales company is shown in the histogram. A histogram titled Vacation Packages has number of packages sold on the x-axis and number of salespersons on the y-axis. 9 sold 1 to 2 packages; 7 sold 3 to 4; 4 sold 5 to 6; 3 sold 7 to 8; 2 sold 9 to 10; 1 sold 11 to 12; 2 sold 13 to 14; 3 sold 15 to 16. How many of the new agents sold more than 10 vacation packages?
Answers
Answer:
6 salespersons
Explanation:
A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.
From the histogram:
The number of salespersons who sold 11 - 12 packages = 1
The number of salespersons who sold 13 - 14 packages = 2
The number of salespersons who sold 15 - 16 packages = 3
Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons
Answer:its 6
Explanation:i took the quiz and i know the answer
I
In which book of original entry would you enter the following?
(a) Sales invoice
(b) Debit note-
(c) Cash sale-
(d) Purchase invoice-
(e) Credit note-
Answers
Indicate the point where a monopoly will set its price.
Answers
Answer:
A monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR).
Explanation:
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. Thus, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.
For example, a public power company that serves as the only power utility (electricity) provider to the public.
Generally, a monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR). This is simply because a monopoly would derive the maximum profit at the point where MC = MR.
Answer:
The dot where green and red meet.
Explanation:
What is the drawback of carrying more inventory than is needed?
A. Customers can have a difficult time choosing between all the
product options
B. Purchasing large amounts of goods usually results in a lower price
per good.
C. Too many resources can be tied up in the inventory.
D. Suppliers do not like to receive extremely large orders for
inventory
Answers
Answer:
C. Too many resources can be tied up in the inventory.
Explanation:
Hope this helps!
Too many resources can be tied up in the inventory is the drawback of carrying more inventory than is needed. The correct option is C.
What are the uses of inventory?The state of the goods is also examined during an inventory count. Inventory counts are useful for determining assets and liabilities in accounting. Inventory managers frequently utilize this data to estimate future stock requirements and oversee budgets. Inventory counts let you identify which stocks are selling well.
Poor quality products and degradation may result from an excess of inventory. It's likely that you have low inventory turnover, which implies you're not regularly turning all of your products if you have high volumes of excess stock. Unfortunately, unsold inventory that is stored in warehouses may start to deteriorate and expire.
Thus, the correct option is C.
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Click this link to view O*NET's Tasks section for Actors.
Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to
O*NET, what are common tasks performed by Actors? Check all that apply.
creating artwork for use in stage sets
collaborating with other actors
working closely with directors, other actors, and playwrights to find the interpretation suited to the role
studying and rehearsing roles from scripts
learning about characters in scripts and their relationships to each other
teaching college classes and training other people how to become actors
Answers
Answer: B C D E
Explanation:
Did the assignment
To find the interpretation suited to the role, studying and rehearsing roles from scripts, learning about characters in scripts and their relationships to each other and teaching college classes and training other people how to become actors are common tasks performed by Actors. Hence, options B, C, D and E are correct.
Who is a director of a movie?The directors are the movie's creative leaders. They uphold the artistic vision throughout pre-production and final editing. They are employed by the executive producer or producer, who is ultimately in control of a production.
A film director's responsibilities include reading and editing scripts, overseeing the cast and crew, and putting the final product together. The actors and other crew members will work with you to ensure that the movie ultimately reflects the aesthetic vision for the finished result.
Thus, options B, C, D and E are correct.
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Critical reading is a
a Theory
b. Process
C. Summarization strategy
d. None of these
Please select the best answer from the choices provided
A
В
C
D
Answers
Answer:C
Explanation:
Answer:
The correct answer for this question is B
Which research tool is best suited to gathering qualitative market data?
A. Census statistics
B. In-depth interviews
C. Business records
D. Surveys
Answers
In-depth interviews is best suited to gathering qualitative market data.
What is market data?Every business's success has been largely attributed to its use of market research techniques. Knowing the ins and outs of your target market is more important than ever in a world where competition seems to be endless.
Companies that benchmark can see 69% quicker growth and 45% higher productivity than those that don't, according to a PwC study.
Organizations have been able to learn not only some of the largest industry revelations, but also the smallest facts that most people miss, thanks to market research. Market research is crucial because it enables businesses to interpret information and make defensible judgments.
Therefore, In-depth interviews is best suited to gathering qualitative market data.
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Answer:in-depth interviews
Explanation:
I just Took the quiz.
Here is selected financial statement data regarding a company's property, plant, and equipment. Balance Sheet: Dec. 31, 2018 Dec. 31, 2017 Property, plant, and equipment $ 563,000 $ 294,000 Accumulated depreciation 286,000 237,000 Income Statement: 2018 Depreciation expense $ 105,000 Gain on sale of property, plant, and equipment 26,000 During the year, PPE with a book value of $23,000 were sold. In the statement of cash flows, the investing activities section should show a cash disbursement for "purchases of property, plant, and equipment" for $ _________.
Answers
Answer:
$292,000
Explanation:
price of old equipment sold = $26,000 + $23,000 = $49,000 (cash inflow)
new equipment purchased = $563,000 - $294,000 + $23,000 = $292,000 (cash outflow)
cash flow from investing activities:
cash disbursed for purchasing new equipment = ($292,000)
cash received from sale of old equipment = $49,000
net cash flow from investing activities = ($243,000)
You are seriously injured in an accident caused by another driver. She has $25,000 bodily-injury liability insurance, and your insurance company has found that she cannot afford to give you any more than this $25,000. You have $25,000 unin sured/underinsured motorist coverage. Your costs from the accident total $55,000. How much out-of-pocket cost will you have for this accident?
Answers
Answer:
50000
Explanation:
Question 10 of 10 Which of the following best describes what a manager does? A. Influences others to purchase certain goods from certain stores B. Works for a company and produces resources to make a product C. Combines an idea, a plan, and various resources to start a new business D. Makes sure that a company is using its resources in a way that helps it meet its goals
Answers
Answer:
d: makes sure that a company is using its resources in a way that helps it meet its goals.
Explanation:
the manager is the one that has the staff and everyone be apart of thats goals and asks thwm what type of goals they want to achieve to make the company better, but the manager is the one that makes sure they make all there deadlines towards there goals.
On 3/1/X1 Landlord Co. received a $36,000 cash payment from Renter Co. to pay for a total of 17 months, starting in the current month. How much revenue should Landlord Co. recognize in the year ending 12/31/X1? Round your answer to the nearest penny.
Answers
Answer: $21177
Explanation:
First and foremost, we should note that since the revenue that Landlord Co. wants to recognize in the year ending 12/31/X1 will be for a period of 10 months that is, from 1st of March to 31st of December.
Therefore, the revenue that Landlord Co. should recognize in the year ending 12/31/X1 will be:
= $36000 × 10/17
= $21176.471
= $21177
Explain incentives and opportunity cost. Also give an example of both.
PLEASE ANWSER THIS AS A QUESTION YOU HAVE BEEN GIVING SO I CAN COPY AND PASTE PLEASE.
Answers
Answer:
Incentives are the rewards or punishments that shape people's choices. Incentives can be either monetary or non-monetary. When opportunity costs change, incentives change, and people's choices and behavior change. Changes in incentives cause people to change their behavior in predictable ways.
Explanation:
I think that is correct
"tractor is a modern tool of agriculture".justify this statement with suitable example
Answers
Answer:
Tractors are the king among different farm equipment. They are the main workhorse of any modern farm. They provide the power and traction necessary to mechanize agricultural tasks. ... There are different types of tractors in the market, varying in size and capacity.
Explanation:
ILL GIVE CROWN!!!
what should a loan be taken out to pay for?
A. something essential that you need.
B. something important that you want.
C. something that would make life easier.
D. something that other people would envy.
Answers
Answer:
A.
Explanation:
its the most accurate answer.
essential things like a car or a home etc.
3. Why are people who are unemployed but not looking for work not included in
the unemployment figures? (Hint: think of teenagers)
Need help due TODAY
Answers
Answer:
Because they don't keep track on it.
Explanation:
Basically they are just included in it because they don't keep track of it. Hope that helps!
Diego is a product assembler for a picture frame manufacturing company. He chooses the sides and glass for each frame, making sure that they fit together properly. What quality might be helpful to Diego in his career?
a.) Diego is friendly and outgoing.
b.) Diego is good at managing other people.
c.) Diego is precise and gives attention to detail.
d.) Diego has excellent math skills.
Answers
“Diego is precise and gives attention to detail.”
This is because Diego’s job is making sure that pieces of glass fit together properly, which requires a person who pays attention to details.
I hope this helped :)
Answer: c
Explanation: I took the test and it was right
Under which tab can you find the options for reusing slides from other presentations?
Home
File
Insert
Design
Answers
Answer:
Home
Explanation:
What is information that CANNOT be measured and expressed in numbers? Question 1 options: Personal Information Target Market Data Qualitative data Quantitative data
Answers
Answer:
Qualitative data
Explanation:
Qualitative data is one that is used to characterise and categorise attributed of a population, as such it does not involve the use of numbers.
For example sex, state of origin, citizenship, name, and so on.
On the other hand the other options can be expressed as numbers. That is Personal Information, Target Market Data, and Quantitative data.
Basically qualitative data is descriptive rather than quantitative
Burning of candle is which change?(chemical change or physical change)
Answers
Hope that helped
Answer:
physical as it is getting smaller, but I would also say chemical as it's changing into melted wax? more of a physical change for me. hope this gelps
Select the best answer for the question
9. You start a new business selling a product that's the best of its kind on the market. In addition to
A. Good marketing
B. A large staff
C. A franchise license
D. Sales experience
Answers
Answer:
the answer is A
Explanation:
if you can't market it good then it will fail
Which of the following does not fall into the field of marketing?
-restaurant management
-education
-e-commerce
-professional sales
Answers
Answer:
professional sales
Explanation:
sales
Could you please explain what the benefits for having a checking account are, especially for minors?
Answers
Answer:
establish credit earn interest recieve deposits
Explanation:
Your office is hosting a big meeting with some of its international
clients. During the meeting, one of the clients asks numerous,
very detailed questions. She also wants to see your risk
management plan. Which of these countries is she probably
from?
O Mexico
O United States
O Germany
O Ireland
Answers
why would you put money into a saving account
Answers
Answer:
You'd put money into a bank account to save it
Explanation:
you'd want to save it so you don't spend it yet.
Hope this helps! :)
HELP:(
when people consider purchasing auto insurance, they must realize which of the following is true?
A. it is often too expensive for most people to buy.
B. it is a personal amenity that only a few people have.
C. it is only important for people with outdated cars.
D.it is required by law for all car owners.
Answers
Which step in the product development process involves announcing a new
product on social media?
A. Post-launch review
B. Idea screening
C. Content development and testing
D. Commercialization and launch
Answers
Answer:
D
Explanation:
announcing the product takes place in the commercialization and launch of the product
In the product development process involves announcing a new product on social media the major step was Commercialization and launch. The correct option is (D).
What do you mean by the product development?Product development, often known as new product management, is the process of conceptualizing, designing, developing, and selling newly produced or recently relaunched goods and services.
The entire process of creating a product, from conception through market launch, is referred to as product development.
Prior to launching your items on the market, it's critical to guarantee that there is demand, your final products are of the greatest possible quality, and that your potential clients will receive value from them.
The best products also contribute to the advancement of society, whether through the product line itself or through the creation of new jobs and sources of income.
Therefore, in the product development process involves announcing a new product on social media the major step was Commercialization and launch.
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most stock exchanges today use electronic trading
Answers
(Not sure what was the question about but I’m guessing it’s a true/false?)
hope this helps :)
What is the biggest business in the world right now and why.
Answers
Answer:
Apple
Explanation:
It is worth the most money. It is worth 2 trillion dollars.
Answer:
anime
Explanation:
an anime? jus cu.z i luv anime
review of the nigerian economy
Answers
Answer:
amazing
Explanation:
Nigeria's economic freedom score is 57.2, making its economy the 116th freest in the 2020 Index. Its overall score has decreased by 0.1 point, reflecting a decline in the fiscal health score.