The gross profit percentage for Ziehart Pharmaceuticals is 74.5%.
The gross profit percentage for Candy Electronics Corporation is 57.1%.
The company better able to use its sales to cover expenses is Candy Electronics Corporation.
<h3>What is the gross profit percentage?</h3>
The gross profit percentage is the ratio of net sales to total sales.
gross profit percentage = net sales / gross sales x 100
Gross sales is the sum of net sales and cost of goods sold
Ziehart Pharmaceuticals = [195,000 / (195,000 + 66,000)] x 100 = 74.5
Candy Electronics = [53,000 / (53,000 + 39800)] x 100 = 57.1
To learn more about financial ratios, please check: brainly.com/question/26092288
<span><span>1. </span>Discuss the following statement: "Corporations are not
really run by their owners." Corporations are run by everyone who works
for the corporation and without everyone working together, it will not run
smoothly and bring in revenue.
</span>
<span>
2. Why might an investor choose to become a partner in a limited partnership
instead of purchasing the stock of an open corporation? If an investor decided
to join in a limited partnership instead of purchasing the stock on an open
corporation they would have less to do with the business side as they would in
an open corporation. When an investor joins in a limited partnership they have
less management responsibility and little to no liability besides their initial
investment.
</span>
<span>
3. Is growth a good thing for all firms? How does management know when a firm
is ready to grow? Growth is not a good thing for all firms. Depending on what a
company is looking to achieve long term, the financial assets they have now to
achieve their growth and other goals are all subject to what the company is
able to do with the finances and staffing they have. When a corporation is
trying to decide whether or not they should grow, management will examine all
aspects of the company to make sure they align with the growth plan.
</span>
<span>
4. If you were to start a business, which ownership form would you choose? What
factors might affect your choice? If I were to start a business, I would
probably choose a limited liability company (LLC) as the ownership form and
structure. An LLC is where the members within the company are not held personally
liable for the company’s debts or liabilities. Think ownership form works well
if you were to join forces an open up a business with a friend or family member.
An LLC keeps the tax side of the business easier as allowing the individuals to
be self-proprietors. When considering factors that may change this decision
they would include: who I am going in business with, what I am in business for,
my end goals, current goals and current financial status. </span>
Answer:
d) may be shorter or longer than monetary policy lags.
Explanation:
Remember, the term policy lags refers generally to the lag or length of time between the time when an economic problem is discovered, like increased unemployment, and the extent to which policy solves the economic problem.
From a general perspective this policy lags in fiscal policy may be shorter or longer than monetary policy lags depending on the political and economic environment of the country.
Answer:
Retail banks operate in order to earn profit, while credit unions are nonprofit
Explanation:
What is a major difference between retail banks and credit unions?
Retail banks only serve businesses, while credit unions only serve individuals.
- This answer is false, both retail banks and credit unions serve businesses and individuals.
Retail banks operate in order to earn profit, while credit unions are nonprofit.
- This answer is true, retail banks earn profits while credit unions are non-profits.
Retail banks only have small local branches, while credit unions are nationwide.
- This answer is false. Generally speaking, retail banks have a much larger geographic footprint than credit unions. Many retail banks are found across the entire country (and sometimes world!) but most credit unions are focused on serving their local community.
Retail banks manage a person's money, while credit unions focus on providing loans.
- This answer is false. Both retail banks and credit unions offer money/investment management services in addition loans. The financial products offered by retail banks and credit unions depend on the market served and business conditions.
$17,459.62
The equation for the value of an investment with periodic contributions is:
B = P(1+r)^y + c(((1+r)^y -1)/r)
where
B = Balance
P = Initial principle
r = interest rate
c = periodic contribution
y = number of years.
For this problem, the initial principle is 0, so we have a simplified equation of:
B = c(((1+r)^y -1)/r)
Let's solve for c, substitute the known values, and calculate
B = c(((1+r)^y -1)/r)
B/(((1+r)^y -1)/r) = c
1000000/(((1+0.10)^20 -1)/0.10) = c
1000000/(((1.10)^20 -1)/0.10) = c
1000000/((6.727499949 -1)/0.10) = c
1000000/(5.727499949/0.10) = c
1000000/57.27499949 = c
17459.62477 = c
So Zheng needs to contribute $17,459.62 at the end of every year.