The main thing which superior performance allows a firm to do is:
- reinvest some of its profits in gaining more resources and thus grow.
<h3>What is Business Strategy?</h3>
This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.
With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.
Read more about business strategies here:
brainly.com/question/25686320
Answer:
The computations are as follows
Explanation:
a) Before tax income is
= After Tax Income ÷ (1 - Tax Rate)
= $58,500 ÷ (1 - 0.35)
= $90,000
b) Total Contribution Margin
Contribution Margin = Fixed Costs + Before Tax Income
= $190,000 + $90,000
= $280,000
c) Calculation of Total Sales
Variable Cost is 75% of Sales
SO, Contribution Margin 25% of Sales
Contribution Margin = $280,000
25% of Sales = $280,000
Sales = $280,000 ÷ 25%
= $1,120,000
d) Break Even Point in dollars
Break Even Point in dollar = Total Fixed Costs ÷ Contribution Margin percentage
= $190,000 ÷ 25%
= $760,000
We simply applied the above formula
Answer:
a.capital gains
Explanation:
Capital gains income -
It refers to the increase in the amount of the capital asset , where the amount received from selling the asset is more than the amount at the time of purchase , is referred to as capital gains income.
This gain can be long term as well as short term , and the amount of the asset can not be estimated , until and unless the asset is sold in the market.
Hence, from the given scenario of the question,
Trevor is practicing , capital gains income.
Answer:
5.97%
Explanation:
Profit margin is an example of profitability ratio
profitability ratio measures the ability of a firm to generate profit from its assets
Profit margin = net income / sales
= $23,000. / $385,000,
Answer:
The answer is letter B.
Explanation:
The mean is 2.03 =($2.5+ $2 + $1.6)/ 3 ; [0.25(2.5-2.03)²] + [0.5(2-2.03)²] + [0.25(1.6- 2.03)²] = 0.055225+0.00045 + 0.046225= 0.1019
Letter B = 010