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Nata [24]
3 years ago
7

The wholesale cost box of 25 pieces of chocolate is 50 AEDYou decide to sel each bar of chocolate with a 20% profit plus 5% VAT

tax Based on this information alone, how much will the cost of a single bar be? (2 Marks)
Business
1 answer:
Gwar [14]3 years ago
5 0

Answer:

Cost of a single bar = 2.52 AED (2.4 AED + 0.12 AED)

Explanation:

Cost of a box of 25 pieces of chocolate = 50 AED

Cost per bar for seller = 50 AED/25 = 2 AED

Selling price = 2.4 AED (2 AED * 1.2)

Plus 5% VAT = 0.12 AED (2.4 AED * 5%)

Cost of a single bar = 2.52 AED (2.4 AED + 0.12 AED)

b) The cost price to the seller is the cost of a box divided by the pieces or bars in the box, = 50 AED / 25 =  2AED

c) The cost price to the buyer is the selling price plus 5% VAT.  This cost includes the seller's cost, profit, and VAT.

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A firm has a profit margin of 12 percent; total asset turnover of 0.55 and an equity multiplier of 2.2. What is the firm's ROA a
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Answer:

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we use the fraction properties to get ROE and ROA

\frac{income}{sales} \times \frac{sales}{Assets} =\frac{income}{Assets} \\ 0.12 \times 0.55 = 0.066\\

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\frac{income}{assets} \times \frac{assets}{equity} =\frac{income}{equity} \\ 0.066 \times 2.2 = 0.14252\\

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Managerial economics can be applied to the non-profit organizations too because it help them in organizing, and controlling their resources.

Managerial economics is relevant to nonprofit organizations and government agencies as well as conventional, for-profit businesses.

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With Managerial economics , one can carry out:

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