Answer:
$160,000
Explanation:
If the beverage sales represent 20% of the total sales, to find out the dollar amount of beverage sales, all we need to do is multiply the total sales x 20%:
beverage sales = $800,000 x 20% = $160,000
food sales = total sales - beverage sales = $800,000 - $160,000 = $640,000
The greatest justification for firm resources being committed to vertical integration (either forward or backward) is to add considerably to a company's technological capabilities, strengthen the company's competitive position, and/or increase its profitability.
A family of financial indicators known as profitability ratios is used to evaluate a company's potential to create profits over time in relation to its revenue, operational expenses, balance sheet assets, or shareholders' equity using information from a particular point in time. Efficiency ratios, which take into account how successfully a company uses its resources internally to generate income, can be contrasted to profitability ratios (as opposed to after-cost profits). Most profitability ratios show the company's performance by showing a higher value as compared to that of a competitor or to the same ratio from a prior period. The most insightful comparisons of profitability ratios are those made with comparable businesses, the company's own past, or industry averages.
Learn more about profitability here
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Answer and Explanation:=
Medium of exchange - It is used to enable the sale and purchase between the parties. It represents the standard of value that is necessary to accept all the parties.
Larry writes a check for $4,000. It is a medium of exchange because it shows trade of goods between Larry and the car seller.
Unit of account - It gives permission to do the differentiation between two things.
Larry can easily differentiate the price of the super is more than the price of duper. It is unit of account because he knows the value of the super and duper.
Store of value - It is the value that can be saved and exchanged for a long time period.
Larry has saved checking amount is $4000. It is store of value because it is saved amount.
