Answer: 39%
Explanation:
From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.
To calculate its profit margin, we have to divide the net income by the net sales. This will be:
= 7605/19500
= 0.39
= 39%
B is the correct answer.
An unfavourable fixed overhead volume variance can be due to all of the following except an increase in utility costs.
<h3>
What is utility costs?</h3>
Utilities costs are the price associated with using services including electricity, water, waste removal, heating, and sewage. Throughout the reporting period, expenses are incurred, calculated, and accrued for, or payments are made. The term "Utility Costs" refers to all fees, surcharges, and other expenses related to providing any utilities that are necessary for the Premises, the Premises, or the Improvements, including, but not limited to, heating, ventilation, and air conditioning costs, costs associated with providing gas, electricity, and other fuels or power sources to the Premises, and costs associated with providing water and sewage services to the Premises.
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<u>Because the </u><u>equilibrium quality </u><u>chosen by the market would be lower than the level that most people would consider desirable, the quantity of public college education determined in a free market (without government intervention) is a</u><u> market failure.</u>
How does government intervention lead to a collapse of the market?
- Lack of information, market regulation, public goods, and externalities can all contribute to market failure.
- Government intervention, such as new laws, taxes, tariffs, subsidies, and trade restrictions, can be used to fix market failures.
How does the market for education fail?
- Due to systematic undervaluation of the roles of motivation and engagement by educational policy, there is a significant market failure in the context of education.
- Lack of metrics for those qualities and ignorance of their potential usefulness serve as examples of this undervaluation.
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Answer:
$1,099,203.00
Explanation:
In this question we have to find out the future value that is shown in the attachment below:
Provided that
Present value = $0
Rate of interest = 8% ÷ 2 = 4%
NPER = 25 years × 2 = 50 years
PMT = $1,200 × 6 months = $7,200
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the future value is $1,099,203.00
Answer:
Scarcity or limited resources, is one of the most basic economic problems we face. We run into scarcity because while resources are limited, we are a society with unlimited wants.
Explanation:
Society would produce, distribute, and consume an infinite amount of everything to satisfy the unlimited wants and needs of humans.
