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Charra [1.4K]
2 years ago
15

Dublin Corporation reported net sales of $250,000, cost of goods sold of $150,000, operating expenses of $50,000, net income of

$32,500, beginning total assets of $520,000, and ending total assets of $600,000. Calculate each of the following values and explain what they mean: (a) profit margin and (b) gross profit rate.
Business
1 answer:
tatuchka [14]2 years ago
5 0

The profit margin rate is 13%. And the gross profit rate is 40%.

Net Profit Margin = Net Profit ⁄ Gross Revenue x 100

Net Profit is calculated by subtracting all company expenses from gross revenue. Profit margin calculation results are expressed as a percentage. For example, a 10% profit margin means that for every $1 in sales, the company earns $0.10 in net profit.

But in general, small businesses have healthy profit margins between 7% and 10%. However, be aware that certain companies may have lower profit margins. B. A retail or food company. This is because overhead costs tend to be high.

Learn more about  profit margin rate here: brainly.com/question/19865598

#SPJ4

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Answer:

The correct answer is option (a) The court probably found that the state law was unconstitutional under the supremacy cause.

Explanation:

Solution

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The fundamental purpose of an organization's mission statement is to:
Maslowich

Answer:

The correct answer is letter "B": define the organization's purpose in society.

Explanation:

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6 0
4 years ago
Suppose the economy's production function is ???? = ????K 0.3???? 0.7 . If K = 2000, N = 100, and A = 1, then Y = 246. If K and
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Answer:

Y=38.8

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Explanation:

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