Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is $20,000.
<h3>What is gross profit?</h3>
Gross profit is the profit of a company or an entity after subtracting all the costs that are related to manufacturing and selling its products or services.
Explanation:- Gross Profit = (Net Sales – Cost of Goods Sold)
= ($50,000- $30,000)
= $20,000
Hence, the gross profit of the Blog Inc., would be $20,000.
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Answer:
The correct answer is letter "C": Weak.
Explanation:
As part of the Efficient Market Hypothesis (EMH) and opposed to the <em>strong-form efficient</em> market theory, Weak-form efficiency takes into consideration past price movements of an asset to "predict" future movements. It doesn't consider accurate the fundamental and technical analysis of the market.
Answer:
The stock price today is $38.76 as shown below
Explanation:
The value of the stock today is the present value of all future dividend payments from the stock.
Present value of first dividend=$14/(1+18.7%)^1
=$11.79443976
Present of second dividend=$38/(1+18.7%)^2
=$26.97007528
The stock price today is the sum of the present values=11.79443976
+26.97007528
=$38.76
Ordinarily, the valuation would have included the price at which the stock could be sold but since the company is wounding up and the only cash flow is payment of liquidating dividends, the price at which stock can be sold is not applicable.
<span>When tariffs are imposed, the losers include domestic consumers and foreign producers. A tariff is a tax that is imposed on different imports or exports. When these taxes are added the consumers wanting to purchase the item are going to pay more for it because of the added tax. This also hurts foreign producers because their products cost more for those in the country they are being imported into making some people want to stay away from purchasing the item. </span>
