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solmaris [256]
2 years ago
7

Avocado Company has an operating income of $80,000 on revenues of $1,000,000. Average invested assets are $500,000 and Avocado C

ompany has an 8% cost of capital. What is the profit margin?
A. 8%
B. 10%
C. 16%
D. 20%
Business
1 answer:
WARRIOR [948]2 years ago
8 0

Answer:

A. 8%

Explanation:

Profit margin = (Operating income / Revenue)

Profit margin = ($80,000 / $1,000,000)

Profit margin = 0.08

Profit margin = 8%

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Valentin [98]

Answer:

a. $5

b. $4

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Explanation:

a. store A?

Beginning balance = $300

Ending balance = $300 - $100 = $200

Average balance = ($300 + $200) ÷ 2 = $250

Monthly APR = 24% ÷ 12 = 2%

June finance charge = Average balance × Monthly APR = $250 × 2% = $5

b. store B

June finance charge = (Beginning balance - Payments) × Monthly APR = ($300 - $100) × 2% = $4

c. store C?

June finance charge = Beginning balance × Monthly APR = $300 × 2% = $6

8 0
3 years ago
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2 years ago
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I believe the answer is: A. Fewer unwanted telemarketing calls

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3 years ago
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Answer:

A

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An investment of $40,000 to generate 2,000 conversions and a CPA of $20 will help Molly with her marketing goal to generate more sales than other investment plan

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2 years ago
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