Answer: When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization
Explanation:
Companies tend to focus on the non-economic goals such as providing a good place for employees to work, good product and services to the customers and acts as a good citizen in the society. Achieving these goals are costly and doing so might interfere with profit maximization but in long term achieving them is beneficial to the company. When employees are provided with a conducive environment they perform better than normal and with good products and services customers are satisfied hence more profit. The CEO should ensure all department work with same goal for the benefit of the organization
CFCs already in the atmosphere will last for many more years.
If the broker's 5% commission is $2,500, the total sales price of the property was <u>A) $50,000</u>.
<h3>What is a broker's commission?</h3>
A broker's commission is the remuneration paid to a broker for her services.
<h3>Data and Calculations:</h3>
Commission rate = 5%
Commission amount = $2,500
Total sales price = $50,000 ($2,500/5%)
Thus, if the broker's 5% commission is $2,500, the total sales price of the property was <u>A) $50,000</u>.
Learn more about broker's commission at brainly.com/question/12347131
#SPJ1
Answer:
The arithmetic average returns for this investment= 5.4%
The geometric average returns for this investment= 4.89%
Explanation:
Arithmetic average return is simple the addition of all the returns by divided the years which is 5
=(-9)+17+9+14+(-4)/5 =5.4%.
while the geometric mean will require you to first add 1 to each return(this will help you deal with the negative numbers.
{(0.91)*1.17*1.09*1.14*(0.96)^(1/5)}-1=0.0489, to change it to percentage simply multiply it by 100 and the final answer will be 4.89%
Answer:
Use goal seek to answer this question. All else equals, to have a net income of 20,000, the COGS margin percentage must be <u>40%</u>, and the gross profit must be <u>$17,250</u>.
Explanation:
The income statement is missing, so I looked it up and the information given was:
- Revenue 100,000
- COGS 40,000
- Gross Profit 60,000
- Salaries
- Marketing
- Rent
- Earnings Before Tax 23,000
- Income Tax 25%
- Net Income ?
Since COGS are$40,000 and total sales are $100,000, the COGS margin percentage = 40,000 / 100,000 = 40%
Since earnings before taxes are $23,000 and taxes are 25%, then net income = $23,000 x (1 - 25%) = $23,000 x 75% = $17,250
