the answer is d hope this helps
the correct answer for apex is superordinate goals
Answer:
<h2>The gross profits of Sole Occhiali Group and Candy Electronics Corp. are 67.13% and 26.66% respectively.</h2>
Explanation:
In Business Studies and Accounting,Gross Profit percentage is calculated by subtracting the cost of goods sold from the net sales revenue and then dividing the result by net sales revenue and finally multiplying the entire expression with hundred.Here,the net sales revenue of Sole Occhiali Group is given as $181,000 and the costs of goods sold is $59,500 and for Candy Electronics Corp. they are $39,000 and $28,600 respectively.
Hence,gross profit percentage for Sole Occhiali Group=
=
=
=67.13% approximately
Now,gross profit for Candy Electronics Corp.=
=
=
=26.66% approximately
Answer:
c. 5
Explanation:
L Q MPL (ΔinQ/ΔinL) VMPL
4 52
5 60 8 80
6 66 6 60
7 70 4 40
8 72 2 20
Note: Labour hired per day = L, Total product = Q, Marginal Product of labor=MPL, VMPL =Price*MPL
A firm will maximize the profit by increasing the number of labor as long as VMPL is higher than or equal to the wage rate. In this case, we observe that VMPL ($80)>wage rate ($75) for L=5 but VMPL ($60)<wage rate ($75) for L=6. So, the optimal number of labor to be hired is 5.
Installment credit is a type of credit that has a fixed number of payments, in contrast to revolving credit.
<span>Examples of which are:
</span><span>
Land loan
Home construction loan
<span>Home mortgage
</span><span>Some equity loans
</span>Home improvement loan
Automobile loan
<span>Boat loans or RV loans specialty finance
</span>Student loan
Personal loan
<span>Vacation loan
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