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
cricket20 [7]
3 years ago
7

Hair world is considering a contract to sell merchandise to a hair salon chain for $19,000. this merchandise will cost hair worl

d $11,920. what would be the increase (or decrease) to hair world's gross profit and gross profit percentage?
Business
1 answer:
Brut [27]3 years ago
6 0
<span>Gross profit = $7,080 ($19000-11920) Increase to percent of gross profits - $11,920/19000 = 62.7%. Profits would increase with this contract or transaction by 62.7%</span>
You might be interested in
Why might a customer prefer a discount over a sweepstake?
yuradex [85]
D because a discount is an upfront guaranteed incentive
6 0
3 years ago
Which of the following are examples of reportable incidents? choose all that apply
Andrews [41]

Answer:

a healthcare provider failing to respond to a patient’s alarm

a malfunctioning heart monitor

a healthcare provider’s unexplained absence

4 0
2 years ago
Average fixed cost
MrRa [10]

Answer:

d. declines continually as output increases.

Explanation:

Fixed costs remain constant throughout a period regardless of output level.  Average fixed costs are obtained by dividing fixed costs by the total output.  Because fixed costs do not change,  average fixed costs will be influenced mostly by the production level.

A large output means that fixed costs will be spread in many units. The result is a reduction in average fixed costs. When the output is large, a firm enjoys economies of scale.  A small output will result in high fixed average costs. A Fixed amount will be shared among a fewer number of units.

3 0
3 years ago
Read 2 more answers
Albuquerque, Inc., acquired 36,000 shares of Marmon Company several years ago for $900,000. At the acquisition date, Marmon repo
mafiozo [28]

Answer:

No Journal entries will be required in either instance. But a note to the financial statement would be appropriate in explaining the declining stake in Marmon Inc.

Explanation:

A. Total share valuation was $1,000,000. ($900,000 + $110,000) which is made up of Albuquerque's holdings and the non controlling interests. This is equivalent holding of 89% by Albuquerque.

*the investment would have been recognized at cost to Albuquerque at $900,000.

But when Marmon sold additional 10,000 shares the interest reduces to 63%

*This wouldn't necessitate any journal entry by Albuquerque as a result of the additional issues of shares but the % stake in Marmon would show to have reduced as a note in its financial records.

And when a further 2,000 was issued Albuquerque stake drops to 61%

* Again this wouldn't necessitate any journal entry by Albuquerque as a result of the additional issues of shares but the % stake in Marmon would show to have reduced as a note in its financial records.

4 0
3 years ago
Assuming the use of a 365-day year, Barry Bees, Inc.'s Cost of Goods Sold equals $10,000. A. Its Beginning Inventory was $800, a
Ket [755]

Answer:

The answer is 36.5 days

Explanation:

Average days to sell inventory is the number of days it takes a firm or business to sell its inventories in a year.

(Average inventory/cost of goods sold) x 365 days

Average inventory = ($800 + $1,200) ÷ 2

=$1,000

Therefore, Barry Bee's average days to sell inventory is ($1,000 ÷ $10,000) x 365days

=36.5 days

7 0
3 years ago
Other questions:
  • Candace has just landed her first job and has the long-term goal to one day buy a house. She needs help investing some of her mo
    5·1 answer
  • Bradshaw Inc. is contemplating a capital investment of $88,000. The cash flows over the project’s four years are: Year Expected
    8·1 answer
  • Which concept ensures that a company replaces its unsustainable operations so that future operations don’t damage the environmen
    7·2 answers
  • A savings account earns 8.4% (APR) interest calculated monthly, paid into the account at the end of 6 months. Cooper deposits $2
    9·1 answer
  • All of the following are potential consequence of not paying debts on time EXCEPT
    11·2 answers
  • Using the supply and demand for loanable funds model, explain why the central bank may aggressively expand the monetary base.
    5·1 answer
  • Kevin conducted a study on whether the length of the line at a local Starbucks affected how well the customers enjoyed their cof
    9·1 answer
  • Castle Brew Inc., a leading multinational beverage manufacturing company, coordinates with Waste Yard Inc., a waste management c
    5·1 answer
  • Keith enjoys cutting hair and he just graduated from a cosmetology program. He has opened up his own shop, but it has not grown
    14·1 answer
  • Imagine that in the current year the economy is in long-run equilibrium. Then the federal government reduces its purchases of go
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!