1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Usimov [2.4K]
3 years ago
13

The following information was drawn from the annual reports of two companies.

Business
1 answer:
Semenov [28]3 years ago
5 0

Answer:

The answer is D.

Explanation:

Gross profit or margin is the profit a business generate after deducting cost of sales from its sales or revenue.

Gross profit or margin percentage is expressed as gross profit/sales(revenue) x 100

In the question, gross profit for company A is $400 and sales is $1000

Therefore, gross profit percentage is 400/1000 x 100

=40%

You might be interested in
Suppose 6 months ago a Swiss investor bought a 6-month U.S. Treasury bill at a price of $9,708.74, with a maturity value of $10,
hoa [83]

Answer:

The annualized rate of return to the Swiss investor is -7.93%.

Explanation:

This is an instance of foreign currency bond.

Using the exchange rate of $1 = 1.420, purchase price of the bond is calculated as $9,708.74 x 1.420 = 13,786.4108 Swiss Francs

Using the exchange rate of $1 = 1.324, maturity value is $10,000 x 1.324 = 13,240 Swiss Francs

Holding period is 6 months.

So, annualized rate of return is: (Maturity amount - Purchase price)/Purchase price x 12 / No of months

Annualized rate of return is: (13,240 - 13,786.4108)/13,786.4108 x 12/6 = -0.079268028.

Annualized rate of return is -7.93% approximately.

3 0
3 years ago
If the demand for insulin is inelastic, an increase in insulin prices leads to
exis [7]
Extent to which the demand<span> for a good changes when income changes.</span>
6 0
3 years ago
Bravo! You did a great job. I bet you are ready to further evaluate your learning
Ede4ka [16]
Where are the sentences
5 0
3 years ago
In double-entry bookkeeping, what is an account?
vredina [299]
<span>Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. The double entry has two equal and corresponding sides known as debit and credit.</span>
5 0
2 years ago
Keurig created a new category of coffee/tea preparation by offering one-cup-at-a-time pod-style brewing with its "K-cups." Keuri
Citrus2011 [14]

Answer:

The correct word for the blank space is: transformational.

Explanation:

Transformational innovations look for providing a new product or service to the market or giving an existing product differently. The innovation aims to increase the satisfaction of consumers or to solve a problem that was not addressed properly before. Transformational innovations generate a differential advantage for businesses attracting more consumers, therefore, increasing revenue.

7 0
3 years ago
Other questions:
  • When the laptop market overtook the desktop market, blue tech inc., a leader in desktop technology, was left at a competitive di
    9·1 answer
  • John is an investor who is looking at two opportunities. One has higher risk than the other. John is willing to invest in the hi
    10·1 answer
  • Pam is in need of cash right now and wants to sell the rights to a $1,000 cash flow that she will receive 5 years from today. If
    8·1 answer
  • N 2011, brazil had a gdp of $2.3 trillion and a per capita gdp of $11,800. a fifth of the population lived below the poverty lin
    9·1 answer
  • All of the following statements related to recording warranty expense are true except: Multiple Choice Recording estimated warra
    8·1 answer
  • Explain how can you avoid conflict by adjusting your own behavior?
    13·2 answers
  • A chart that shows the connection between consumer demand and price is a
    9·2 answers
  • Which of the following is a skill?<br> A. Sitting<br> B. Hearing<br> C. Dancing<br> O D. Talking
    7·2 answers
  • 1 1.1.9 Quiz: How the Economy Affects Business and Marketing Question 2 of 10 During a depression or recession, which of the fol
    13·1 answer
  • In the project initiation phase, which document contains high-level details of the proposed project?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!