Answer:
1. 45.5%
2. 13.3%
3. 7.2%
Explanation:
The formulas and calculations are shown below:
1. Gross margin = (Sales - cost of sales) ÷ (sales) × 100
= ($10.1 million - $5.5 million) ÷ ($10.1 million) × 100
= ($4.6 million) ÷ ($10.1 million) × 100
= 45.5%
Gross profit = Sales - cost of sales
2. Operating margin = (Gross profit - selling, general and administrative expenses - research and development - annual depreciation charges) ÷ (sales) × 100
= ($4.6 million - $460,000 or $0.46 million - $1.4 million - $1.4 million) ÷ ($10.1 million) × 100
= ($1.34 million) ÷ ($10.1 million) × 100
= 13.3%
Operating income = Gross profit - selling, general and administrative expenses - research and development - annual depreciation charges
3. Net profit margin = (Operating income - taxes) ÷ (sales) × 100
= ($1.34 million - $0.6097 million) ÷ ($10.1 million) × 100
= ($0.7303 million) ÷ ($10.1 million) × 100
= 7.2%
The income tax expense = Operating income × income tax rate
= $1.34 million × 45.5%
= $0.6097 million
If the Fed buys U.S. government securities from banks, the federal funds rate falls and banks' reserves increase.
<h3>Fed's Monetary Policy</h3>
- Price stability and full employment, the Federal Reserve's two legally mandated goals, are necessary to ensure a healthy and expanding economy in the United States.
- In the past, the Fed has achieved this via modifying reserve requirements, conducting open market operations (OMO), and influencing short-term interest rates.
- By acquiring government assets, the Fed helps to boost bank reserves and bring down the federal funds rate. Government securities will be sold by the Fed on the open market.
- The Fed reduces the amount of money in circulation by selling government assets, which raises the federal funds rate.
- OMO has an impact on interest rates as well because when the Fed purchases bonds, prices are pushed up and rates are lowered; conversely, when the Fed sells bonds, prices are pushed down and rates are raised.
To learn more about Fed's Monetary Policy refer to:
brainly.com/question/14158316
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Answer:
The correct answer is C
Explanation:
As the yogurt company, launched a effective plan for the marketing strategy. But the market responded and the consumers flocked to purchase the yogurt. So, it means that the plan does not work in the market.
Therefore, the company need to update the market plan so that the more successful the plan will be it will require a revision and a faster plan.
Answer:
1. a. 4.081%
2. c. $23,536.36
Explanation:
1. Periodic rate=(4.4%/4) = 1.1%
EAR=(1+APR/m)^m-1
where m=compounding periods
= (1+0.044/4)^4-1
= 1.011^4 - 1
= 1.04473133864 - 1
= 0.04473133864
= 4.47%
EAR=(1+APR/m)^m-1
where m=compounding periods
=(1+0.04/365)^365-1
= (1+0.00010958904)^365 - 1
= 1.00010958904^365 - 1
= 1.04080849272 - 1
= 0.04080849272
= 4.081%
2. A=P(1+r/365)^365*n
where A=future value, P=present value, r=rate of interest, n=time period.
= 22000*(1+9%/365)^(9/12*365)
= $23,536.36
