Answer:
Gross Profit
Explanation:
Gross Profit is defined as the amount earned by the company, after deducting the cost of producing and selling the products in case of a manufacturing business, or the cost of providing services to customers in case of service oriented business. Therefore, the difference between sales revenue and the cost of goods sold is called Gross Profit.
Sales Revenue - Cost of Goods Sold = Gross Profit
$100 - $ 40 = $60
That is true. Good luck on your future endeavors.
Answer:
I think Sears need to stop diversifying its product too much and focus on improving internal human resources.
Explanation:
The largest expense that Sears made occurred during their effort to add more female customers to shop at their place.
Sears was known for its DieHard, Craftsman and Kenmore brands that attract mostly male customers to their stores. They started “The Softer Side of Sears” which focused on adding more products for female customers.
But, in the process of doing so, Sears neglected their already successful male products department with a lot of employees who sacrifice a lot of their time and effort into making Sears as big as it is.
In order to restore to its former glory, Sears need to stop focusing on new market with a lot of strong competitors and focused on improving skill set of employees in their successful department. They can do this by investing in their education, increasing the budget for their research and development, etc.
Answer:
The correct answer is option c.
Explanation:
If there is an appreciation in the value of the dollar, it implies that the value of the dollar has increased in comparison to foreign currency. This means that foreign consumers will need to pay more for US goods. This will cause a decline in export demand.
Because of the decline in exports, the net exports will fall. This decrease in the net exports will cause the aggregate demand to fall. As a result, the aggregate demand curve will shift to the left.