Answer:
Answer is A
Explanation:
Remember Gross Margin = Gross Profit /Sales Revenue
We already know that Gross Margin = 0.4
We assume sales revenue as the unknown value (S)
Using the relationship above: Gross Profit (GP) = 0.4S
We know that Profit Before Tax = Gross Profit - General & Admin Expenses - Interest Expense
Substitute the values in the equation above.
Profit Before Tax (PBT) = 0.4S - 50 - 20
= 0.4S - 70
To calculate the Tax we multiply the Tax rate (30%) by the PBT
Tax = (0.3) x (0.4S -70)
= 0.12S - 21
We know that Net Income = PBT - Tax
We now substitute the values:
70 = 0.4S - 70 - (0.12S - 21)
Solving the equation for S results in the value of Sales Revenue equaling $425.
Purchasing power parity (ppp) is considered an objective measurement poverty levels.
Purchasing power parity:
- By removing the variations in price levels between nations, purchasing power parities (PPPs) are rates of currency translation that aim to equalize the purchasing power of various currencies.
- monetary and developmental. Timothy Callen the rate at which the equivalent amount of goods and services might be purchased in one country using the currency of the other at a certain exchange rate.
- By taking the geometric mean of the pricing relationships between each pair of economies for the two varieties of rice, the basic-heading PPP for each pair of economies may be calculated directly. This comparison is bilateral.
- China, despite still being a developing country, is thought to have the greatest PPP in the entire world. This is due to the country's economy being the largest in the world, despite the fact that the bulk of its population earn extremely low wages.
Learn more about Purchasing power parity here
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Answer:
Letter C is correct. <u>Person by situation interaction.</u>
<u>Explanation:</u>
This is a cognitive process that occurs through the individual perspective of each human being. This implies that our behavior is not totally conditioned by an automatic response predetermined by any variables, but what determines our way of being and acting is the set of learnings, memories, thoughts and perceptions about certain situations as well. as the process of social interaction, which determines how the experiences and actions lived by an individual in society will actively influence their tastes, actions and perceptions about society in general.
Personalities
Personalities all vary from person to person. Depending on what the persons backround is and what theyve seen and gone through there personalities differentiate from each other.
Answer:
A) Price 7,080 U
B) Quantity 4,630.5 U
C) Total 11.710,5 U
Explanation:
DIRECT MATERIALS VARIANCES
std cost $3.45
actual cost $3.65
quantity 35,400
difference $(0.20)
price variance $(7,080.00)
std quantity 36110.00
actual quantity 35400.00
std cost $3.45
difference 710.00
quantity variance $2,449.50
Total Variance: 2,449.5 - 7,080 = -4.630,5
