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2 years ago

How can u find the gross profit?

Business

1 answer:

Volgvan2 years ago

5 0

Answer:

Gross profit margins can decline because:

1. When the industry becomes more competitive and/or the company's products have lost their competitive advantage so that the company will have to reduce prices inorder to sell more.

2. Product costs have increased. These are the cost to produce goods and services. Examples are direct labour, direct materials etc. Gross profit will decline if these increases

Declining gross profit margins are usually viewed negatively i.e the reduction in the gross profit margin is always a bad news for a company.

What causes gross profit margin to decline? - when the competition in the industry is high and the company is losing the competition in the market.

Explanation:

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Your older and wiser sibling has offered to loan you some much needed money to help cover textbook expenses this semester. Since

masya89 [10]

Answer:

80 years

Explanation:

Data provided in the question:

Simple interest rate charged = 1.25% = 0.0125

Now,

Let principal amount be '$x'

we know, Simple interest = Principal × Interest Rate × Time

Since the debt is doubled this means the interest is equal to the principal amount

Therefore,

$x = $x × 0.0125 × Time

1 = 0.0125 × Time

Time = 1 ÷ 0.0125

Time = 80 years

3 0

3 years ago

Parrett Corp. acquired one hundred percent of Jones Inc. on January 1, 2018, at a price in excess of the subsidiary's fair value

valina [46]

Answer:

Consolidated Balance for the Equipment = $527,000

Explanation:

given data

January 1, 2018

Parrett book value = $360,000

fair value = $480,000

Jones book value = $240,000

fair value = $350,000

December 31, 2018

Parrett book value of $250,000

fair value of $400,000

Jones book value = $200,000

fair value = $320,000

solution

we Consolidate here Balance for the Equipment that is as

first we take Jones 's Equipment that is

Jones 's Equipment = $350,000 - $240,000

Jones 's Equipment = $110,000.00 ....................1

and

Parrett Equipment Book value = $250,000.00 ..............2

Jones Equipment Book Value = $200,000.00 ................3

so that Excess Amortization will be

Excess Amortization = ( $110,000 ÷ 10 years ) × 3 year

Excess Amortization = $33,000.00 ...................4

Consolidated Balance for the Equipment will be

Consolidated Balance for the Equipment = $110,000.00 + $250,000.00 + $200,000.00 - $33,000.00

Consolidated Balance for the Equipment = $527,000

4 0

3 years ago

Why does Staples participate in Anti-Money Laundering Compliance?

Temka [501]

The main reason why Staples participates in Anti-Money Laundering Compliance is to prevent illegal activity and terrorism

Based on the given question, we can see that money laundering is a federal offense which is punishable by law and is aimed at preventing money fraud whereby large sums of (illegal) money are moved from one place to another, usually to finance other illegal activities.

With this in mind, Staples which is a US Online Store which sells business essentials such as computers, printing services, etc engage in the Anti-Money Laundering Compliance so as to prevent illegal activity and terrorism

Therefore, the correct answer is option B

Read more about money laundering here:

brainly.com/question/2588568

4 0

3 years ago

Selected information from Large Corporation's accounting records and financial statements for 2018 is as follows ($ in millions)

Elena-2011 [213]

Answer:

Large most likely reports net cash outflows from investing activities of $9 million.

Explanation:

Large Corporation

Statement of cash flows (extract)

$ in millions

Purchase of patent ($14)

Proceeds from sale of land and buildings 24

Cash paid to acquire office equipment (19)

Net cash flows from investing activities ($9)

Note that the purchase of treasury stock belongs to financing activities section of the cash flows, while gain from sale of land and buildings and investment revenue belong to operating activities section of the cash flows

7 0

3 years ago

A financial institution has entered into an interest rate swap with company X. Under the terms of the swap, it receives 10% per

sergij07 [2.7K]

Answer:

The loss of the financial institution is $413,000

Explanation:

Let's say that after 3 years the financial institution will receive:

0.5 * 10% of $10million

= 0.5 * 0.1 * 10000000

= $500,000

Then, they will pay 0.5 * 9% of $10M

= 0.5 * 0.09 * 10000000

= $450,000

Therefore, their immediate loss would be $500000 - $450000

= $50000.

Let's assume that forward rates are realized to value the rest of the swap.

The forward rates = 8% per annum.

Therefore, the remaining cash flows are assumed that floating payment is

0.5*0.08*10000000 =

$400,000

Received net payment would be:

500,000-400,000= $100,000. The total cost of default is therefore the cost of foregoing the following cash flows:

Year 3=$50,000

Year 3.5=$100,000

Year 4 = $100,000

Year 4.5= $100,000

Year 5 = $100,000

Discounting these cash flows to year 3 at 4% per six months, the cost of default would be $413,000

4 0

3 years ago

How can u find the gross profit?​

How can u find the gross profit?