Answer:
D. A limited liability company because he will only be liable for what he has invested in the business. His personal assets will be protected, and he can be taxed like a sole proprietorship.
Answer:
Builtrite has higher than average operating expenses
Explanation:
Subtracting cost of goods sold from net sales will give you gross profit. The reason of high gross profit could be company is able to sell its products at a higher price or it is able to keep its cost of goods sold at a lower level than industry standards.
A higher-than-industry-average gross profit margin increases your chances of generating a net profit provided that you are able to keep your expenses within industry average levels.
Operating profit is the pre-tax profit or in other words it is calculated by subtracting operating expenses from the gross profit. Operating profit margin is equal to operating income divided by the total revenue. A lower operating margin despite of having higher gross profit is because the company is not able to control its operating expenses or in other words they are incurring higher operating expenses as compare to industry.
The next step in the five-step marketing research approach after defining the problem and developing the research plan is to:
- Collect relevant information.
<h3>What is Research?</h3>
This refers to the use of systems to find out the reasons why things occur, the way the occur and the frequency of occurrence based on the scientific method.
With this in mind, we can see that in the research plan, there are steps to be taken and from there, after defining the problem, we would develop the research plan and then collect relevant information.
Read more about research here:
brainly.com/question/25257437
Answer:
C, retention rate and plow back ratio
Explanation:
Retention rate can simply be said to be the ratio between retained earning and earnings at risk; i.e the rate of earnings that one is assured of as against the one you're not assured of. The same can be said about plow-back ratio. The plow-back ratio can be defined as the ratio of how much earnings are retained after dividends have been paid out.
This retained earnings are then reinvested into the firm to yield another dividends and the cycle continues.
Cheers.
Hello!
The budget that is often considered to be the most important financial budget is the cash budget.
I really hope this helped you out! c: