To solve for the cost of goods sold (COGS):
COGS = Net sales - gross profit
COGS = $812,000 - $355,000
COGS = $457,000
The cost of doors sold is the costs that are used for production of the goods the company sells. It includes materials used for creating the product and labor.
Answer: 62 percent
Explanation: A sustainability survey commissioned by the consulting firm KPMG, stated that approximately 62 percent of large and mid-sized companies worldwide have an active sustainability program in place, and that another 11 percent are developing one. Sustainable development is aimed at replacing
economic development, thus encouraging better environmental
and sustainability performance.
Answer: Option(a) is correct.
Explanation:
Corn chips and potato chips, both are substitute goods and thus, affect each others demand by a small changes in various factors.
In this question, a good weather increases the harvesting of corn which increases the supply of corn chips.
This shifts the supply curve rightwards as a result price falls and quantity increases. Hence, this lower price, increases the consumer surplus in the market of corn chips.
This change in the supply of corn chips will affect the demand for potato chips in the potato chips market. So, the demand curve for potato chips shifts leftwards. This shift in the demand curve, reduces the price level and quantity level. Hence, this lowers the producer surplus in the market for potato chips.
Answer:
NPV of the annuity = $209,782.38
Explanation:
Note: See the attached file to see how the Present Values (PV) and the Net Present Value (NPV) are calculated.
The following explanation should be read with the attached.
i = Monthly interest rate = 3%/12 = 0.25%, or 0.0025
DF = Discounting factor = (1 + i)^n = (1 + 0.0025, where n denotes relevant month
Number of months = 30 years * 12 months = 360 months
CF = Cash Flow = P + 5, where P denotes previous payment
Answer:
=10%
Explanation:
Real GDP per capital is the GDP per individual in an economy. The formula for calculating real GDP per capital is
Real GDP per capital real GDP/ population
Last year real GDP per capital would be 907,500,000,000/ 3,300,000,000
=907,500/ 3,300
=275
the previous real GDP is 750,000,000,000/3,000,000
=750,000/3,000
=250
increase in GDP is 275-250= 25
Percentage increase
=25/250 x 100
=0.1 x 100
=10%