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VladimirAG [237]
2 years ago
9

Anthony corporation reported the following amounts for the year: net sales$296,000 cost of goods sold 138,000 average inventory

50,000 anthony's gross profit ratio is?
Business
1 answer:
VladimirAG [237]2 years ago
4 0

In the given question GP ratio will be 53.4%

Here Net sales= 296000 $

Cost of goods sold= 138000 $

average inventory= 50000 $

Gross profit= Net sales- Cost of goods sold

                    =296000-138000

                     =158000

Formula for calculating Gross profit ratio is:

Gross profit/ Net sales *100

= 158000/296000*100

=53.4%

Gross profit ratio is a financial ratio which measures the performance and efficiency of a business by dividing its gross profit  by the total net sales. The gross profit ratio can also be expressed in  the form of percentage by multiplying the result by 100.

To know more about GP ratio here:

brainly.com/question/22718027

#SPJ4

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Arada [10]

Answer:

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Explanation:

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3 years ago
If a central bank wants to counter the change in the price level caused by an adverse supply shock, it could change the money su
gtnhenbr [62]

Aggregate demand left.

<h3>What Is a Supply Shock?</h3>

A supply shock is an unanticipated occurrence that abruptly alters the supply of a good or commodity, causing an unanticipated shift in price. Supply shocks can be positive, resulting in an increased supply, or negative, resulting in a lower supply; however, they are frequently negative. A negative (or adverse) supply shock drives up the price of a product, whereas a positive supply shock drives it down, assuming that overall demand remains constant.

A shift in the supply curve to the right caused by an increase in output and a positive supply shock lowers prices, whereas a reduction in production and a negative supply shock raises prices. Any unforeseen event that reduces output or upsets the supply chain has the potential to cause supply shocks.

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6 0
2 years ago
672 deposited at the beginning of each quarter for 7 years; money earns 5% compounded monthly
goblinko [34]
A(7)=672(1+.05/4)^4(7)
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5 0
3 years ago
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tresset_1 [31]

Answer:

D. there are reasonable substitutes for most goods.

Explanation:

A monopoly is when there is only one firm operating in the industry. There are also no subsituites for goods and services produced by the monopoly. The monopoly sets the price for his product and earns economic profit in the long and short run.

There aren't a lot of monopolies in the real world because most goods have substitutes. Therefore, consumers can substitute the monopoly product for another product and there isn't just one firm operating in the industry.

4 0
3 years ago
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torisob [31]

a.true

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read the question aloud and it will make sense.

4 0
3 years ago
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