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Korolek [52]
2 years ago
14

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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Vinton Company’s costs were under budget by $36,000. The company is divided into North and South regions. The North Region’s cos
kherson [118]

Answer: ($81,000)

Explanation:

From the information given, we are informed that Vinton Company is divided into North and South regions. We are further informed that the company's costs were under budget by $36,000 while the North Region’s costs were over budget by $45,000.

The amount that the South Region's costs were over or under budget will then be:

= ($36,000) - $45,000

= -$81,000

Therefore, South Region's costs were under budget by $81,000

7 0
3 years ago
After identifying various market segments that her company could pursue, Lisa evaluated each segmentâs attractiveness based on s
OleMash [197]

Answer:

D) target marketing.

Explanation:

Target marketing -

It is the group of customers in the business service market , where the business aims for marketing resources and efforts .

It is a type of subset of the total market for a service and goods .

The main component of the target marketing is to evaluate the potential target .

hence , from the information of the question , Lisa is involved in  D) target marketing .

4 0
3 years ago
Which of the following is not an assumption of cost-volume-profit (CVP) analysis? A. The only factor that affects total costs is
e-lub [12.9K]

Answer:

D. The price per unit changes as volume changes.

Explanation:

According to the assumption of cost-volume-profit (CVP) analysis, the fixed cost will remain constant.  It will never be changed. Because of the change in volume, the total cost would get affected that means the total cost amount is changed as compare before. As the volume changes, the price per unit is also the same.  

So, the appropriate option is d. As the sales volume changes with the change in volume and the same are applied for variable cost.

5 0
3 years ago
Waiting period. Upstate University currently has a 6 comma 000 ​-car parking capacity for​ faculty, staff, and students. This​ y
denpristay [2]

Answer: 5.5 years

Explanation:

The 6,000 parking capacity is the future value of the number of parking passes and the 4,356 is the present value.

Using the future value formula, you can find the number of periods it would take:

Future value = Present value * (1 + rate) ^ n

(1 + rate)^ n = Future value / Present value

n = In (Future value / Present value) / In ( 1 + r)

= In (6,000 / 4,356) / In ( 1 + 6%)

= 5.495 years

= 5.5 years

4 0
3 years ago
You and your wife are making plans for retirement. You plan on living 30 years after you retire and would like to have $75,000 a
o-na [289]

Answer:

The amount needed in the retirement account is $707,025.

Explanation:

This problem is a case of annuity.

They plan to withdraw $ 75,000 annually from the end of the first year of retirement.

The formula that relates capital in the account to annual withdrawals is

C=A*D=A*(\frac{(1+i)^{n} -1}{i*(1+i)^{n}} )\\\\C=75,000*9.427=707,025

8 0
4 years ago
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