Answer:
$15,700
Explanation:
The computation of the net profit after taxes is shown below:
Sales revenue $125,000
Less: Cost of goods sold - -$42,300
Gross profit $82,700
Less: Operating expenses
One time part assistant $52,000
Administrative expenses $400
Utilities expenses $900
Total operating expenses -$53,300
Net Profit before tax $29,400
Less: income tax expense -$13,700
Net profit after tax $15,700
In<span> the early 1800s, the fishing industries in </span>America<span> experienced an economic boom as a result of the settlement of the French. They boosted the fishing lines by innovating something new and introducing the dories, small fishing boats. In here, they have anchored the long lines in the shore while the short lines will be attached by a hook that would increase their catch.</span>
Answer and Explanation:
Margin trades work this way because they allow them to extend the amount of money invested regardless of whether the security's price drops or rises. In a more simplified way, we can state that the margin trade allows that even if the price of a security goes up or down, the invested money presents a percentage of gain or loss much bigger than the original value. This is because this money was deposited as a loan guarantee, allowing interest to run on it, increasing it.
Profit = $40,000
Given,
Total sales are $500,000
Total fixed costs are $300,000
Contribution margin ratio is 68%
Solution:
Profit = Total Sales × Contribution margin ratio − Total Fixed costs
= $500,000 × 68% − $300,00
=$340,000 −$300,000
Profit =$40,000
Profit:
Profit; also known as net income is the financial gain acquired when the amount of revenue generated by a company exceeds costs and expenses. Profit is the bottom line of a company′s income statement that shows the financial performance during the period.
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Answer:
A business invitee
Explanation:
A business invitee is any person or group of people who enters another person's commercial property to do business. A business invitee's purpose is to engage in a commercial transaction with property or landowner. The landowner is liable to any injuries or harm suffered by a business invitee due to dangerous conditions on the property.
Commercial property or premises refers to land or building designated for business transactions such as a retail store or a restaurant. In law, customers are business invitees. The assumption is that customers enter commercial premises to do business with the business owner.
