The measure of a product, service, or company's profitability is its profit margin. The bigger the percentage representing the profit margin, the more profitable the company is.
Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it.
Profit margin=44.9%
Explanation to the answer:
Profit margin =Net income / sales
=7,050,000 / $ 15,700,000
=0.44904
=44.9%
Profit margin =44.9%
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I think it’s A sorry if wrong
The issues are as follows:
1) nutrition.
2) financial aid.
3) hearing and vision tests.
4) legal help.
The issue that cannot be addressed by the faculty members at the high school is the legal help.
Fourth option is the correct answer.
<h3>What is meant by a high school?</h3>
A high school is the place where the students are studying in the grades from 9th to 12th.
The faculty members of the high school are addressing the issues relating to financial assistance, testing of hearing and eye vision and the nutritional requirements.
Therefore, the legal help being the issue which could not be addressed by faculty members in the high school.
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When actual revenue <u>exceeds</u> what the revenue should have been, the variance is labelled favourable.
Hope that helps!
A few of the following can be considered major factors in failure of small businesses:
-Lack of financial planning: when a business is born it needs to critically plan out the first few years of running. Small business often fail to plan out for the future and have less working capital at hand.
-Lack of expertise: small business cannot afford specialist managers and this may be a reason for failure
-no investment in marketing and research can also be a reason.