Answer:
34.6%
Explanation:
The formula to compute the company's profit margin is shown below:
Profit margin = (Net income) ÷ (sales revenue) × 100
= ($92,400) ÷ ($267,000) × 100
= 34.60%
It shows a relationship between the net sales or sales revenue and the net income which is earned by the company. All other items which are mentioned in the question are irrelevant. So, these are not considered in the computation part. Hence, ignored it
Answer:
Bribery
Explanation:
Bribery is an act of influencing someone's behavior to obtain an undue advantage through giving or receiving unearned rewards .It can be in the form of gifts , money , preferred treatment , and other form of favor , but what actually defines a bribe is the intention behind the gifts.
It has a lot of negative effects either directly or indirectly on the public as it undermines equity , efficiency , integrity in the public service , undercut public confidence in markets , adds to transaction cost and effects the safety and well being of the general public .
False.
IRA = Individual Retirement Account
Companies that offer plans offer 401k.
Answer:
you want us to write a 5-7 page paper for you? that's on you. it's for questions, not whole papers
Answer:
$130
Explanation:
The amount of the cash discount allowable is $130.
This is calculated using the following formula:
- (total sales - returned merchandise) x 1%
cash discount allowable = ($18,000 - $5,000) x 1% = $13,000 x 1% = $130
The transportation costs ($1,000) are not included in this calculation.