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kati45 [8]
3 years ago
6

Jodie’s chicken-on-a-stick food truck sells about $500 various chicken combo platters per day with an average price of $8. On av

erage, each chicken platter cost $5 (this includes labor, materials and miscellaneous). Jodie’s profit margin is ________.
O $312
O $2,500
O $3 per chicken platter
Business
1 answer:
cluponka [151]3 years ago
5 0

Answer:

The profit margin here is $3

Explanation:

The profit margin is calculated by

Profit Margin = Sales - Cost of Sales  

And

Cost of sales includes all the labour costs, cost of the inventory that has been sold, overhead cost absorbed in the inventory, depreciation etc.

So here we have cost of sales per unit of $5 per unit and selling price of per unit is $8.

By putting values we have:

Profit Margin = $8 per unit - $5 per unit = $3 per unit

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It is crucial to understand the various factors contributing to your employees' stress as well as the consequences of it. Catego
Rus_ich [418]

Explanation:

A. Environmental Sources of Stress:

It is the stressors arising from environmental factors that can threaten the employee's work in some way.

2- Economic uncertalinty

5- Technological change

B. Organizational Sources of Stress:

This stress derives from internal or external conflicts that can occur at work, such as personal charges and poor relationships with other employees.

1. Task demands

4. Interpersonal demands

C. Personal Sources of Stress:

These are the stressors arising from the employee's personal life, which can directly impact the quality with which the employee performs his work.

3. Economic problems

6. Family problems

3 0
3 years ago
A new study shows that onions improve cognitive and heart health. This causes the demand curve to shift to the right, so that co
Deffense [45]

The complete question with diagram is attached

Answer:

($3.00, 420 lbs) and ($2.10, 510 lbs)

Explanation:

A shift in demand occurs when the quantity of a product consumers wants changes at all price levels.

A shift to the right indicates an increase in quantity demanded at all prices, while a shift to the left indicates a reduction in quantity demanded at all prices.

In the given scenario there is a shift in demand to the right with increase in 20 lbs of onions.

So at every price level there will be an increase in quantity demanded by 20 lbs.

According to the diagram at price $3 quantity initially demanded was 400 lbs. With the demand shift it will now be 400 + 20 = 420 lbs.

At price $2.10 demand was initially 490 lbs now it will be 490 + 20 = 510 lbs

5 0
3 years ago
Dominic is an architect and wants to represent a pocket door in the plan. Which symbol should he use?
ludmilkaskok [199]

Answer:

The answer is C.

4 0
2 years ago
Despite recent pressure from stockholders to increase profits, World Extraction Corp., a global petroleum organization, has main
Harrizon [31]

Answer:

The answer is True.

Explanation:

From the description, it seems that World Extraction Corp is behaving in a socially responsible way – even though its stakeholders might not have the same view. Though in the long run, a company which behaves in socially responsible manner might accumulate enough goodwill from the society around it to be perceived with a good reputation, stakeholders who do not fit the company’s vision might end up being detrimental to the company’s business.  

7 0
3 years ago
On January 1, 2018, David Mest Communications granted restricted stock units (RSUs) representing 25 million of its $1 par common
natima [27]

Answer:

See the explanation below.

Explanation:

Total compensation expenses = 25 million * 15 = $375 million

1. On December 31, 2018.

Compensation expenses = $375 million / 3 = $125 million

Journal entries will be as follows:

<u>Details                                               Dr ($'Million)          Cr ($'Million)  </u>

Compensation expenses                       125

Paid-in Capital - Restricted stock                                         125

<u><em>To record the compensation expenses for 2018.                                   </em></u>

2. On December 31, 2019.

Compensation expenses = [$375 million * 96% * (2/3)] - $125 million = $115 million

Journal entries will be as follows:

<u>Details                                               Dr ($'Million)          Cr ($'Million)  </u>

Compensation expenses                       115

Paid-in Capital - Restricted stock                                         115

<u><em>To record the compensation expenses for 2019.                                   </em></u>

3. On December 31, 2020.

Compensation expenses = ($375 million * 96%) - $125 million - $115 million = $120 million

Journal entries will be as follows:

<u>Details                                               Dr ($'Million)          Cr ($'Million)  </u>

Compensation expenses                       120

Paid-in Capital - Restricted stock                                         120

<u><em>To record the compensation expenses for 2020.                                   </em></u>

5 0
3 years ago
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