All categories

2 years ago

What is financing?

Business

2 answers:

erma4kov [3.2K]2 years ago

7 0

A is the right answer

zubka84 [21]2 years ago

6 0

The correct option is Option A - using credit to pay for purchases.

You might be interested in

1. Gross margin percentage. (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).) 2. Net p

V125BC [204]

Answer:

A. 34.2%

B. 4.5%

C. 8.1%

D.10.64%

Explanation:

a) Calculation to determine Gross margin percentage

Using this formula

Gross margin percentage = Gross profit/Net Sales

Let plug in the formula

Gross margin percentage= 27000/79000

Gross margin percentage = 34.2%

b) Calculation to determine Net profit margin

Using this formula

Net profit margin = Net income/Net Sales

Let plug in the formula

Net profit margin = 3540/79000

Net profit margin = 4.5%

c) Calculation to determine Return on assets

Using this formula

Return on assets = (Net income+Interest expense)/Average total assets

Let plug in the formula

Return on assets = (3540+360)/48120

Return on assets= 8.1%

d) Calculation to determine Return on equity

Using this formula

Return on equity

= Net income/Average equity

Let plug in the formula

Return on equity = 3540/33270

Return on equity =10.64%

8 0

2 years ago

A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th

sergejj [24]

Answer: The free enterprise system was certainly necessary for Mary Kay Ash to make an impact on the business world.

Explanation: This is because having no restrictions from the government, Mary Kay could set the price of her products, making them competitive in the market. By selling directly to end consumers, she skipped intermediaries, therefore cut costs and had a great impact on the business world. Another strategy she used is "try before buying", which became a plus for her products, having satisfied costumers become captive consumers, always coming back for more. The Free Enterprise System was absolutely helpful for Mary Kay Cosmetics to have pressence in the world for 56 years now.

6 0

2 years ago

Read 2 more answers

Jenny, an employee of toucan company, used company assets for her own personal gain. this is an example of

Anna [14]

This is an example of FRAUD. Fraud is defined as any wrongful or criminal deception which is aimed at obtaining personal gains, which can be financial or otherwise. There are different types of fraud, they include: fraudulent financial statement, bribery and corruption, misappropriation of assets, embezzlement of company's funds, etc. All frauds are illegal.

8 0

3 years ago

High-Low Method The manufacturing costs of Ackerman Industries for the first three months of the year follow: Total Costs Units

klasskru [66]

Answer:

A. $50 per unit

B. $900,000

Explanation:

(a) Computation for the variable cost per unit using this formula

Variable cost per unit=(Total cost at highest level-Total cost at lowest level)/(Highest level-Lowest level)

Let plug in the formula

Variable cost per unit=(2,400,000-1,900,000)/(30,000-20,000)

Variable cost per unit=500,000/10,000

Variable cost per unit=$50 per unit

Therefore The Variable cost per unit will be $50 per unit

B. Computation to determine the Total fixed cost

Total fixed cost=2,400,0000-(50*30,000)

Total fixed cost=2,400,0000-1,500,000

Total fixed cost=$900,000

Therefore The Total fixed cost will be $900,000

4 0

2 years ago

Assume that Georgia has exports of $ 50 billion, imports of $45 billion, and GDP of $200 billion. What is Georgia's level of tra

Luba_88 [7]

Answer: 25%

Explanation:

Level of trade is simply calculated as the percentage of export of a particular country to its share of the gross domestic product.

Based on the scenario given in the question, the level of trade will be:

= (Exports / GDP) × 100

= 50/200 × 100.

= 1/4 × 100

= 25%

6 0

2 years ago