The company's gross profit ratio is approximately 34.7%. This ratio represents the percentage of each sales dollar that remains as profit after deducting the cost of goods sold.
To calculate the company's gross profit ratio, we need to first determine the gross profit. The gross profit is obtained by subtracting the cost of goods sold (COGS) from the net sales.
Net Sales = Sales - Sales Discounts
Net Sales = $500,000 - $10,000
Net Sales = $490,000
Gross Profit = Net Sales - COGS
Gross Profit = $490,000 - $320,000
Gross Profit = $170,000
Now, we can calculate the gross profit ratio by dividing the gross profit by the net sales and multiplying by 100.
Gross Profit Ratio = (Gross Profit / Net Sales) * 100
Gross Profit Ratio = ($170,000 / $490,000) * 100
Gross Profit Ratio ≈ 34.7%
Therefore, the company's gross profit ratio is approximately 34.7%. The gross profit ratio indicates the percentage of each sales dollar that is left after subtracting the cost of goods sold, and it provides insights into the company's ability to generate profits from its core operations.
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.The company's gross profit ratio, calculated as the gross profit divided by net sales and multiplied by 100, is approximately 34.7%. So, the correct answer is 34.7%.
To calculate the company's gross profit ratio, we need to determine the gross profit and net sales first. Let's break down the information provided:
Sales: $500,000
Sales discounts: $10,000
Cost of goods sold (COGS): $320,000
Operating expenses: $120,000
To find the gross profit, we subtract the sales discounts and COGS from the sales:
Gross Profit = Sales - Sales Discounts - COGS
Gross Profit = $500,000 - $10,000 - $320,000
Gross Profit = $170,000
Now, let's calculate the net sales:
Net Sales = Sales - Sales Discounts
Net Sales = $500,000 - $10,000
Net Sales = $490,000
The gross profit ratio is calculated by dividing the gross profit by net sales and multiplying by 100 to express it as a percentage:
Gross Profit Ratio = (Gross Profit / Net Sales) * 100
Gross Profit Ratio = ($170,000 / $490,000) * 100
Gross Profit Ratio ≈ 34.7%
Therefore, the company's gross profit ratio is approximately 34.7%. This ratio indicates that for every dollar of sales, the company retains 34.7 cents as gross profit after deducting the cost of goods sold.
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At what point in your life would if make sense to overweigh your
portfolio in common stock? Preferred stock? Bonds? Why?
It makes sense to overweigh your portfolio in common stock if you have a high-risk tolerance and a long investment horizon.
This is because common stocks are volatile and have the potential to provide higher returns, but they also carry higher risks. If you have a long-term investment horizon, you can afford to weather the ups and downs of the stock market. Overweighting your portfolio with common stock could lead to higher returns in the long run. It makes sense to overweigh your portfolio in preferred stock if you want to receive higher dividends and have a lower risk tolerance than those invested in common stock.
Preferred stocks are less volatile than common stocks and have a fixed dividend payment that is higher than what you would receive from common stocks. If you want to generate income from your investments, you can consider overweighing your portfolio in preferred stock.
Bonds are a good choice for investors who want to reduce their risk exposure and generate stable returns. Bonds are less risky than stocks and provide a fixed income stream. They are a good option for investors who have a low-risk tolerance and a short investment horizon. Overweighing your portfolio in bonds can provide a stable source of income and help reduce the overall volatility of your portfolio.
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staffing issues can involve hiring new people with new skills, firing people with inappropriate or substandard skills, and/or training existing employees to learn new skills. T/F?
True.
Staffing issues in an organization can indeed involve various actions related to the skills and capabilities of the workforce.
can include:
1. Hiring new people with new skills: When an organization faces a staffing need or skill gap, it may choose to hire new employees who possess the required skills and qualifications. This can be done through recruitment and selection processes to bring in fresh talent with specific skill sets.
2. Firing people with inappropriate or substandard skills: In certain situations, organizations may need to terminate the employment of individuals who do not meet the job requirements or whose performance falls below the expected standards. This could be due to reasons such as inadequate skills, incompetence, or failure to meet performance expectations.
3. Training existing employees to learn new skills: Instead of hiring new employees, organizations may choose to invest in training and development programs to enhance the skills of their existing workforce. Training initiatives can focus on equipping employees with new skills or updating their existing skills to meet the evolving needs of the organization.
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What might be an example of corporate social responsibility
funding water conservation technologies.
An example of corporate social responsibility is funding for planting trees in the city or country.
What is corporate social responsibility?Corporate social responsibility is kind of a social responsibility of business owners and organizations towards the betterment of the society and environment. There are many ways to fulfill corporate social responsibility, such as planting trees, giving jobs to the underprivileged, funding for water and sanitation facilities, and many more.
At present times, this act of corporate social responsibility is being taken really seriously by business people, and they are fulfilling this responsibility with great zeal. There are dedicated departments in organizations that look after these activities.
Thus, planting trees is one example of corporate social responsibility.
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4. Many opponents of free trade use the following example to illustrate its negative effects:
Joe Smith started the day early having set his alarm clock (MADE IN JAPAN) for 6 AM. While his coffee pot (MADE IN CHINA) was perking, he shaved with his electric razor (MADE IN HONG KONG). He put on a dress shirt (MADE IN SRI LANKA), designer jeans (MADE IN SINGAPORE), and tennis shoes (MADE IN KOREA). After cooking his breakfast in his new electric skillet (MADE IN INDIA) he sat down with his calculator (MADE IN MEXICO) to see how much he could spend today. After setting his watch (MADE IN TAIWAN) to the radio (MADE IN INDIA) he got in his car (MADE IN GERMANY) filled it with gas from SAUDI ARABIA and continued his search for a good paying AMERICAN JOB. At the end of yet another discouraging and fruitless day, he checked email on his computer (MADE IN MALAYSIA) then decided to relax for a while. He put on his sandals (MADE IN BRAZIL) poured himself a glass of wine (MADE IN FRANCE) and turned on his TV (MADE IN INDONESIA), and then wondered WHY he can’t find a good-paying job in America.
Should America encourage free trade with its trading partners or seek a more protectionist approach? Take a stand on this issue. It is not enough to argue BOTH sides of the issue. Support your opinion with good economic reasoning. Who benefits from your approach and who loses? Why? Include impacts on both American citizens and the citizens of the other countries with whom we (U.S.) trade.
America must note that Free trade affords countries the opportunity to specialize in the production of goods and services that they are most efficient at producing, leading to lower prices and increased access to a variety of goods and services for consumers.
Protectionism, on the other hand, can lead to higher prices and reduced access to goods and services for consumers.
What is the rationale behind the above answer?Note that protectionism can only work under certain factors. China explored this briefly to build capacity then later opened its borders albeit strategically.
Economic protectionism is a policy that limits or controls international trade in order to protect domestic industries. One danger of protectionism is that it can lead to higher prices for consumers.
This is because protectionist measures, such as tariffs, can make imported goods more expensive, which may be passed on to consumers in the form of higher prices.
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which stage of the product cycle is characterized by severe competition and heavy expenditures?
The point in the life cycle of a product when competition is severe and sales growth eventually peaks before slowing down as it gains universal acceptance. A slowdown in the revenue for a given product class or the overall industry is indicative of the mature stage.
Additionally, minor competitors start to withdraw from the market. The competition is fiercest at the maturity period. Competition for clients is typically at its strongest since rival businesses have had enough time to launch competing and improved products. The most lucrative but also most competitive stage is this one. If there are few rivals, the business may price the product higher in order to boost profit margins.
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What detail most clearly develops the central idea in the first question you answered?
Group of answer choices
"Plasmodium’s ancestors probably rubbed shoulders with the eggs and larvae of mosquitoes, similarly floating on sun-dappled waters.” (paragraph 7)
“And yet, despite the millennia-long battles between us, malaria still manages to infect at least three hundred million of us— . . . and kills nearly one million, year after year.” (paragraph 2)
"The survivors learned how to withstand the diseases’ ravages, though, and in time both measles and smallpox settled into being unremarkable childhood illnesses. . . .” (paragraph 1)
“The rest of us all do our obscure little part in the drama of life, weaving ourselves deeper into local ecology. . . .” (paragraph 4)
braiiest
The detail that most clearly develops the central idea in the first question is “And yet, despite the millennia-long battles between us, malaria still manages to infect at least three hundred million of us— . . . and kills nearly one million, year after year.” (paragraph 2).
What can be said of the Malaria pathogen?The first question has the central idea that the malaria pathogen has not become less deadly over the centuries.
This is proven by the fact that even though humanity has fought the malaria pathogen for thousands of years, it still infects millions every year and leads to the death of almost of million people.
This means that the pathogen is still very strong and has not grown to be less deadly like measles and smallpox.
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How can globalization negatively affect american farmers health
Explanation:
Negative Impact of globalisation:
Attraction of global market resulted in farmers shifting from traditional or mixed cropping to unsustainable cropping practices. The competition from cheaper imports pushed down the prices of crops like cotton, wheat etc making agriculture unsustainable for many farmers.
consumption in the united states is about ____________ of gdp, and it moves relatively little over time.
Answer:
consumtion, or consumer spending is about 70% of economy activity (gdp).
Explanation:
Another major aspect of economy activity include industry output (manufacture of goods).
Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of to identify a replacement for him.
The correct question is:
Highbridge Community Life Center was a community hub and resource for the Bronx community that was founded in 1979 by two Catholic nuns. Brother Ed Phalen served as the Executive Director of the center for more than two decades. When he started considering retirement, he wondered what would happen to the organization and its leadership after he left. In order to plan for his eventual departure, Brother Phalen and the board of directors began the process of _____________ to identify a replacement for him.
Answer:
Succession planning
Explanation:
Succession planning is the process by which new leaders in an organisation are identified and developed to adequately fill in the role of departing leaders.
This process is important as it prepares experienced staff to take up responsibility in cases of resignation, retirement, or death of a leader.
In the given instance Brother Ed Phalen served as the Executive Director of the center for more than two decades.
Considering his retirement he would need to get someone to take over leadership role from him.
So he and the the board of directors will need to begin a succession plan to identify his replacement
Use what you have learned about managing credit to complete the statements. one reason people choose to file bankruptcy is because some of their debt will be . a major consequence of bankruptcy is that it can an individual’s chances of receiving additional credit for .
Filing for bankruptcy can eliminate debt. A major consequence of bankruptcy is that it can harm an individual's chances of receiving additional credit.
What is bankruptcy?Bankruptcy can be defined as the inability of a person to payback debt or the amount borrowed.
Filing for bankruptcy can help to eliminate or clear a person debt and the disadvantage of bankruptcy is that the borrower may be unable to borrow another credit.
Therefore the complete statement is : eliminate/ harm.
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Answer:
eliminate
harm
7 -10 years
Explanation: edge 2022 (economics)
Which of the following is NOT an example of a metric
?
Answer:
can you tell me what the choices are and I'll answer in the comments
Explanation:
floor gang aooh sub to pewdiepie
The amount of product available to the market is known as which of the following? Demand Interest Supply Resources
Answer:
Supply
Explanation: I had to the Economics Cencepts-Assessment ll for DECA today. I got all my answers off a quizlet...
Answer:
supply
Explanation:
As of June 30, 2022, Oriole Company has assets of $106000 and owner's equity of $31000. What are the liabilities for Oriole Company as of June 30, 2022? $137000 O $106000 O $31000 O $75000
The liabilities for Oriole Company as of June 30, 2022, amount to $75,000.
To determine the liabilities for Oriole Company as of June 30, 2022, we can use the basic accounting equation:
Assets = Liabilities + Owner's Equity
Given that the assets are $106,000 and the owner's equity is $31,000, we can rearrange the equation to solve for liabilities:
Liabilities = Assets - Owner's Equity
Liabilities = $106,000 - $31,000
Liabilities = $75,000
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ways in which landscape can be created .plz answer this
Answer:
finding land and making the land into wha ever yu want
Explanation:
hopes this helps
Which accurately describes the terms of this mortgage? Check all that apply.
Answer: 3, 4, 5.
3. Monthly payments must be made for 30 years.
4. The annual interest rate is 4.8 percent.
5. The homeowner is borrowing $200,000.
Explanation:
Which of the following activities would be a part of the leading function of a manager? A) Devising a new strategic plan to enter a new foreign market currently dominated by a competing firm. B) Recruiting qualified workers to join the organization and assigning them to their proper position. C.Examining a financial report to see whether the firm's profits are improving and taking corrective action if they are not. D) Training and coaching workers to help them understand their job and perform it effectively.
The following tasks would be included in a manager's leading role. Employees are trained and coached to understand their jobs and do them well.
Which of the following would be a part of a manager's controlling function?Controlling entails making sure that performance adheres to norms. Three steps make up controlling: setting performance criteria, assessing actual performance against those standards, and, if necessary, remedial action.
Which of the following tasks falls under a manager's organizing responsibilities?Planning is followed by management's organizational activity. It is the activity concerned with organizing and managing human, material, and financial resources in order to accomplish organizational goals. As an illustration, this could involve developing systems, setting up teams, or setting up processes and tasks.
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1. Which of the following is an impact of increase in income tax of an individual?
A. Rise in disposable income
B. Increase in the ability to invest
C. Increase in the level of savings
D. Decrease in the purchasing power
Answer:
A
Explanation:
the answer is a because you get more free money with your income taxes therefore making more money that you can use on personal things
Which group is legally responsible for implementing
protection and controls that ensure your workplace
meets safety standards?
A. Employers
B. Unions
C. Employees
D. Government
Answer:
A
Explanation:
Answer:
It SHOULD be employers but i may be wrong... if i'm not CAN I PLES HAVE BRAINLYIEST
Explanation:
Also, if i'm right there is no need to thank me unless you want too
pts Consider the Omicron variant of Covid. In terms of its economic effects on goods, some believe the fall in supply will exceed any fall in demand. If that belief is true, what would that mean for the prices of goods? The prices of goods would tend to decrease The prices of goods would tend to increase The prices of goods would tend to be unchanged The effect on prices would be unclear
The belief that the fall in supply exceeds the fall in demand due to the Omicron variant would tend to increase the prices of goods.
If the supply of goods decreases more than the decrease in demand, it creates a situation of scarcity in the market. When supply becomes limited, but demand remains relatively stable or decreases less significantly, prices tend to increase. This is because consumers are willing to pay higher prices to obtain the scarce goods. The higher prices act as a mechanism to ration the limited supply among the buyers. Therefore, if the belief holds true and the supply of goods is significantly impacted by the Omicron variant, it is likely that prices of goods would tend to increase as a result.
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Implementing and executing strategy successfully requires Implementing and executing strategy successfully requires:______________
A. the same kinds of creative management talent and innovative thinking capabilities as crafting strategy.
B. a financially driven process aimed at squeezing the most profit out of conducting daily operations.
C. the efforts of a company's whole management team, not just a few senior managers
D. a high caliber CEO that possesses the business vision, industry and competitive analysis skills, and entrepreneurial creativity needed to navigate the competitive landscape.
E. less managerial expertise and effort to perform well, at least in comparison with crafting a winning strategy.
Answer: C. . the efforts of a company's whole management team, not just a few senior managers
Explanation:
Planning, implementing and carrying out strategies requires a careful, collective and calculative decision to be made by all head of department and the board of an organization, because the decision taken will rub off through these departments for implementation. The decision or choice of decision should not be left to a few persons in the organization because when the ideas and plans are arranged the execution may fail as all the respective department were not involved by their heads.
what will happen to trade if business is flourishing?
Answer:
if the business is florishing, as an example Medical sectors during pandemic they are going to grow till they are in a high demand
Arrange the following revenues in the federal government, from greatest to
least.
Drag each item to put them in the correct order.
(2 points)
= excise taxes
= Social Security and Medicare taxes
= corporate income taxes
= individual income taxes
= customs duties
= miscellaneous revenue
Lat year, Soren' return wa completed in BlockWork Online. How do you tart Soren' current-year return in BlockWork Online? (Select all that apply. )
An annual rate of return is the profit or loss on a one-year investment. There are numerous methods for calculating the annual rate of return. If the rate of return is calculated monthly.
Multiply it by 12 to get the annual rate of return. Block Management, a collaborative programme between private landowners and the FWP, assists landowners in managing calculating activities and provides free hunting access to private land, as well as adjacent or isolated public lands. The participation of landowners in block management is entirely voluntary. The annualised return differs from the average and reflects the true gain or loss on an investment, as well as the difficulty in recouping losses.
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Which of the following is not recorded on your credit report
Answer: Your credit report does not include your marital status, medical information, buying habits or transactional data, income, bank account balances, criminal records or level of education. It also doesn't include your credit score.
Explanation:
At the beginning of 2025, Elliott, Inc. has the following account balances: Accounts Receivable $41,000 (debit balance) Allowance for Bad Debts- $7,000 (credit balance) Bad Debts Expense $0 During the
At the beginning of 2025, Elliott, Inc. has the following account balances:
- Accounts Receivable: $41,000 (debit balance)- Allowance for Bad Debts: $7,000 (credit balance)
- Bad Debts Expense: $0
Based on this information, we can analyze the company's accounts receivable and allowance for bad debts.
The accounts receivable represents
to Elliott, Inc. by its customers. The debit balance of $41,000 indicates that there are outstanding customer invoices that have not been collected yet.
The allowance for bad debts is a contra-asset account that offsets the accounts receivable. It represents the estimated amount of uncollectible accounts. The credit balance of $7,000 in the allowance for bad debts suggests that Elliott, Inc. has set aside $7,000 as an allowance for potential bad debts.
Since the Bad Debts Expense is listed as $0, it implies that no provision for bad debts has been recorded during the period.
To further analyze the financial position, additional information about the company's collections, sales, and any changes in the allowance for bad debts would be required.
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Select the response that corrects the capitalization error in the sentence below. I live in Kentwood, louisiana. a. i b. kentwood c. Louisiana Please select the best answer from the choices provided A B C
Answer:
a) I
Explanation:
The letter I continues to be capitalized because it is the only single letter pronoun. Because the pronouns I and me have different uses, it's easy to distinguish between the two in terms of capitalization rules.
Gretchen is preparing a sales presentation for the executive team. What organizational structure is she MOST likely to use?
A)keynote
B)myth-buster
C)theme by theme
D)problem to solution
Answer: D)problem to solution
Explanation:
Which item would be classified as Other Income?
(1 Point)
A. an emergency government subsidy payment
B. sales from a new product line
C. sales returns
D. a refund from a supplier
The item that would be classified as Other Income would be A, an emergency government subsidy payment.
Other Income is a category of revenue that includes income that is not generated from a company's core business operations. It typically includes items such as interest income, rental income, and gains on investments.In this case, the emergency government subsidy payment is not generated from the company's core business operations, but rather is a one-time payment from a government agency. Therefore, it would be classified as Other Income on the company's financial statements.
Sales from a new product line would be classified as Sales Revenue, as it is generated from the company's core business operations. Sales returns would be classified as a reduction in Sales Revenue, as they are returns of products that were previously sold. A refund from a supplier would be classified as a reduction in Cost of Goods Sold, as it is a refund of the cost of goods that were previously purchased from the supplier. Therefore option A is correct.
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you purchase two microsoft november $140 put contracts for a premium of $3.70. what is your maximum possible profit? assume each contract is for 100 shares.
Your maximum possible profit, given the put contracts and the premium, would be $13, 630
How to find the maximum possible profit?When you purchase a put contract, the maximum possible profit can be found by subtracting the premium of one put contract from the strike price of the put contract.
The maximum possible profit for this contract on Microsoft is:
= ( Strike price on put - Premium)
= 140 - 3.70
= $136.30
The maximum profit possible is:
= Maximum profit per contract x Number of shares per contract
= 36.30 x 100
= $13, 630
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true or false Resource owners must feel that their incomes are large enough so that they will continue to supply resources
Answer:
True.
Explanation: