Well due to lack of effective advertising and no expertise or experience in the field you shouldn’t expect major profit.However when you get more experienced and build a name for your company you will make more profits.
You can get more share capital ect
Answer:
When we subsample from a population
Explanation:
A subsample is a set of data that we take from smaller group of people in order to represent the larger group.
It is really crucial for companies to get this type of subsample in order to obtain statistical data about customer's preference. This will increase the efficiency of their marketing process.
For example,
Let's say that you want to create a toy for children.
It is impossible for you to actually ask every single child in this country about the type of toys they like. In such situation, you could get a subsample from a smaller group of children (let's say you give questionnaires to 1000 children and ask them the type of toys they like.)
From the there, you could create a statistic that represent the types of toys that the children might be interested in.
Answer:
The trend of mostly capitalist nations to move toward socialism.
Answer:
Bourne Inc.
Journal entries
Date Account Name Debit Credit
1-Dec Supplies $2,000
Accounts Payable $2,000
1-Dec Cash $6,000
Deferred Revenue $6,000
1-Dec Land $40,000
Notes Payable $40,000
15-Dec Accounts Payable $2,000
Cash $2,000
Adjusting entries
Date Account Name Debit Credit
31-Dec Supplies expense $1,900
($700 + $2,000 - $800)
Supplies $1,900
31-Dec Deferred Revenue $1,000
($6,000/6)
Service Revenue $1,000
31-Dec Interest expense $400
($40,000*12%* 1/12)
Interest Payable $400
Answer:
5.43%
Explanation:
Using du point formula for return on equity formula, the profit margin can be computed by rearranging the formula to make profit margin the subject.
return on equity=profit margin*assets turnover*leverage ratio
return on equity=growth rate*(1-dividend payout ratio)=9.89%*(1-40%)=5.93%
assets turnover=sales/total assets=inverse of total assets to sales=1/1.3
leverage ratio=total assets/equity
debt-equity ratio=0.42( debt is 0.42 while equity is 1 i.e 0.42/1=0.42)
total assets=debt+equity=0.42+1=1.42
equity is 1
5.93%=profit margin*1/1.3*1.42/1
5.93%=profit margin*1.092307692
profit margin=5.93%/1.092307692
profit margin=5.43%