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Allushta [10]
1 year ago
6

In a budgeted income statement, _________ is subtracted from sales to arrive at gross margin.

Business
1 answer:
Vilka [71]1 year ago
3 0

In a budgeted income statement, cost of goods sold is subtracted from sales to arrive at the gross margin.

<h3>What is gross margin?</h3>

Net sales less the cost of products sold is known as gross margin. The profit made before deducting selling, general, and administrative (SG&A) expenses is represented by the gross margin. The ratio of gross profit to net sales is known as the gross margin or gross profit margin.

The gross profit margin formula,

Gross Profit Margin

= (Revenue – Cost of Goods Sold) / Revenue * 100,

indicates the percentage ratio of revenue you keep for each sale after all costs exist deducted.

The ratio of revenue divided by the cost of goods sold is known as the gross margin. The gross margin is expressed as a percentage. It is often computed as the selling price of an item divided by the same selling price, less the cost of goods sold.

To learn more about gross margin refer to:

brainly.com/question/8189926

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maria has decided to send a letter to her state representative regarding the ten industrial plants in her community that release
otez555 [7]

Maria involved with tragedy of the commons phenomenon.

The required details for tragedy of the commons in given paragraph

In economics, the tragedy of the commons is a scenario wherein man or woman users, who've open get right of entry to to a useful resource unhampered with the aid of using shared social systems or formal guidelines that govern get right of entry to and use, act independently in step with their personal self-interest and, opposite to the not precise of all users, reason depletion of the useful resource via their uncoordinated action. The idea originated in an essay written in 1833 with the aid of using the British economist William Forster Lloyd, who used a hypothetical instance of the results of unregulated grazing on not land  in Great Britain and Ireland. The idea have become broadly referred to as the "tragedy of the commons" over a century later after a piece of writing written with the aid of using Garrett Hardin in 1968. Faced with proof of ancient and present commons, Hardin later retracted his authentic thesis, mentioning that the name must have been "The Tragedy of the Unmanaged Commons".

Although taken as a hypothetical instance with the aid of using Lloyd, the ancient death of the commons of Britain and Europe resulted now no longer from misuse of long-held rights of utilization with the aid of using the commoners, however from the commons' owners enclosing and appropriating the land, abrogating the commoners' rights.

To know about tragedy of the commons click here

brainly.com/question/9680058

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8 0
2 years ago
Tony's Beach T-Shirts has fixed annual operating costs of $75,000. Tony retails his T-shirts for $14.99 each and the variable co
Andreyy89

Answer:

$112.425

Explanation:

breakeven is

first we need to understand the concept of breakeven:

breakeven in sales makes reference to the amount of revenue in dollars at which a company has a profit of zero ($0.00). covering the underlying fixed expenses of a busines

with this concept we have that :

Total Costs   = fixed annual operating cost + variable cost + sold units

Revenue = Total Costs

14.99 * sold units = 75,000 + 4.99 * units

10 * sold units = 75,000

breakeven  = 7,500  units

now we can have the breakeven in dollars doing the convertion

breakeven = breakeven in units * prices

breakeven= 7,500 units * $14.99/unit  

breakeven = $112,425

8 0
3 years ago
When the price is ________ the equilibrium price, we would expect there to be a ________, causing the market to put ________ pre
serious [3.7K]

Answer:

E. above; surplus; downward

Explanation:

When the price is <u>above</u> the equilibrium price, we would expect there to be a <u>Surplus</u>, causing the market to put <u>downward</u> pressure on the price until it went back to the equilibrium price.

Equilibrium price is the price at which demand and supply of goods are equal. If we plot in graph then we can see demand and supply curve intersect at the equilibrium price. In case price is above the equilibrium price then quantity supplied will be higher than quantity demanded then there will be surplus in the market, which create downward presure on the price as price was higher and consumer will purchase the product at low price. Therefore, both supply and demand forces price to be back at equilibrium.

4 0
3 years ago
AutoLoans Corp. loans you $24,000 for four years to buy a car. The loan must be repaid in 48 equal monthly payments. The annual
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To be honest I don’t even know I’m only doing this for a reason ............
8 0
3 years ago
A portfolio is made up of stocks a, b, c, and d in the proportion of 20%, 30%, 25%, and 25% respectively. the nondiversifiable r
kow [346]

The portfolio beta would simply be the summation of the weighted average of each beta.

Where weighted average of each beta is calculated as:

Stock weighted average = Stock proportion * Individual beta

Therefore,

Stock A beta weighted average = 0.2 * 0.4 = 0.08

Stock B beta weighted average = 0.3 * 1.2 = 0.36

Stock C beta weighted average = 0.25 * 2.5 = 0.625

Stock D beta weighted average = 0.25 * 1.75 = 0.4375

The summation of all betas yield the overall portfolio beta:

Portfolio beta = 0.08 + 0.36 + 0.625 + 0.4375

<span>Portfolio beta = 1.5025 ~ 1.5</span>

4 0
4 years ago
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