1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Charra [1.4K]
1 year 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]1 year 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

You might be interested in
you sell 300 laptops per week at $690 per laptop. You sell 432 tablets per week at $590 per tablet. Which generates more dollars
vitfil [10]
300 X $690 = $207,000

432 X $590 = $254,880

Hope this helps!
STSN
4 0
3 years ago
Read 2 more answers
A company has a $4,000, 270-day, 6%, note payable recorded on its books which was dated July 2, 2013. The interest expense is pa
tensa zangetsu [6.8K]

Answer:

Interest expense accured = $121.33 (

Explanation:

The exact number of days from July 2 through December 31, 2013 is 182 days.

The accrued interest  (182/360) x $4,000 x 6% = $121.33

5 0
3 years ago
A new drug has not been approved by the FDA to sell in the U.S. because further testing is needed. The company has a chance to s
Juliette [100K]

Answer:

The correct answer is d. ethics.

Explanation:

Ethics is a systematic and critical analysis of morality, of the moral factors that guide human behavior in a given practice or society. As fishing represents an interaction between people and the aquatic ecosystem, fishing ethics refers to the values, rules, duties and virtues relevant to the well-being of people and the ecosystem, providing a critical normative analysis of the moral issues at stake. in that sector of human activities.

When moral values, rules and duties are subject to an ethical analysis, their relationship with the basic human interests shared by the population, regardless of their cultural environment, is particularly important. Moral values ​​can change and moral reasoning asks whether activities legitimated traditionally and in practice by religion, law or politics deserve to be recognized. Indeed, the evolution of ethics in the last century has been characterized by the tendency to change values ​​and overthrow the moral conventions that have guided relations between the sexes, between human beings and animals and between human beings and their environment. A more recent task of ethics is to offer resistance to these tendencies to globalization, commercialization and mastery of technology that erode biodiversity and valuable aspects of cultural identity and that could even threaten human rights. Although these trends are often presented as neutral in relation to values, they carry hidden hypotheses that are possible sources of inequality and abuse.

6 0
3 years ago
Kristy visited a car showroom as she wanted to buy a new car. While she was looking at a new range of compact luxury sport sedan
adell [148]

Answer:

Option C.

Explanation:

In terms of making sales, Closing is a term that is used to refer to the moment when a customer decides to make the purchase.

There are numerous closing techniques, and the minor-point close is one of the techniques.

The minor-point close is the technique whereby the salesperson tries to intentionally gain the agreement of the customer or prospect on a minor point, and then uses it to assume that the sale is closed.

This technique is exemplified in the scenario presented above. Edward has concluded that Kristy wants to buy the black car, just because she has agreed that she liked it.

3 0
3 years ago
In business, it is customary to praise individualistic competition and denigrate collective bargaining in all forms. However, in
GuDViN [60]

Answer:

What lessons are we to learn from this?

The Hanseatic league, just like the Northern Italian City-States of the Late Middle Ages, are early examples of capitalism: they represent proto-capitalism.

In the cities that belonged to the Hanseatic League, the work of merchants was promoted, and capital accumulation and the profit motive began to develop. However, this does not meant that cooperation was out of place. The merchants cooperated voluntarily because they could get more working in association.

Are there prospects for more merchant leagues in an increasingly globalized economy?

There will always be the prospect for more merchant leagues, because people naturally cooperate if it is in the benefit of all the parties.

In fact, trade unions and economic unions could be seen as a form of merchant league, that are created by states instead of individual merchants.

3 0
3 years ago
Other questions:
  • At December 31, the records of Nortech Corporation provided the following selected and incomplete data:Common stock (par $1; no
    12·1 answer
  • Morin Company's bonds mature in 10 years, have a par value of $1,000, and make an annual coupon interest payment of $60. The mar
    10·1 answer
  • George, a regional manager for a global corporation, is meeting with several upset managers from the rome plant about steve, who
    10·1 answer
  • Assume an economy is currently engaged in free trade but considering implementing a tariff on its main import, athletic shoes. W
    12·1 answer
  • Pittsburg Resources acquired a coal mine for $6,000,000. The company’s survey estimates that 120,000 tons of coal can be extract
    12·1 answer
  • You have $12,500 you want to invest for the next 30 years. You are offered an investment plan that will pay you 7 percent per ye
    11·1 answer
  • A firm has the following forecast information for sales of Product X: April 15,000 units May 17,000 units June 19,000 units July
    7·2 answers
  • Flyaway Travel Company reported net income for 2021 in the amount of $110,000. During 2021, Flyaway declared and paid $4,125 in
    7·1 answer
  • Where would the equllbrillim price be located, and how much is the equllbrillim price?
    12·2 answers
  • What is a shared risk pool in an annuity?​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!