1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
koban [17]
4 years ago
10

Sapien Corporation has provided the following data for the most recent year: Sales $1,340,000 Gross margin $460,000 Net operatin

g income $ 54,846 Net income before taxes $ 41,846 Net income $27,200 The company’s gross margin percentage is closest to:a.1691.2% b. 52.3% c. 5.9% d. 34.3%
Business
1 answer:
natima [27]4 years ago
5 0

Answer:

Option (d) is correct.

Explanation:

Given that,

Sales = $1,340,000

Gross margin = $460,000

Net operating income = $54,846

Net income before taxes = $41,846

Net income = $27,200

Gross margin percentage is calculated by dividing the gross margin with sales.

Gross margin percentage:

= (Gross margin ÷ Sales ) × 100

= (460,000 ÷ 13,40,000)  × 100

= 34.3 % (Approx)

You might be interested in
Female executives in international business have workplace challenges due to gender biases in some countries. For this reason, s
arsen [322]

For this reason, some companies do not eagerly offer women international assignments.

<h3>What are the barriers/challenges women face at the workplace?</h3>
  • Because men have dominated leadership roles for so long when a woman demonstrates these qualities, they are not as well received.
  • Men continue to have more networks than women, which allows them to hear about opportunities and locate mentors and sponsors who will support their growth.
  • The difficulty of juggling work and home obligations sometimes prevents women from pursuing leadership positions. The outdated idea of male and female home responsibilities is still used in the design of workplaces.
  • Obstacles still exist in the form of hostile work environments and covert bias. Women of race encounter more barriers to success and are thus even less likely to assume leadership positions.

Learn more about the impact of women's leadership in the workplace​ here:

brainly.com/question/15492809

#SPJ4

3 0
2 years ago
1. The Incident Command System (ICS) is only applicable to large, complex incidents.
Alexus [3.1K]

Answer: False

The ICS which stands for Incident Command System is the standard procedure to be applied to all types of incidents. These incidents range from small emergencies up to the large and complicated situations or events. Some of the incidents that ICS can tackle are medical emergencies, both natural and unnatural disasters, terrorist attacks, chemical spills, traffic incidents, and so on.

8 0
4 years ago
Read 2 more answers
To what extent do our moral ideas reflect the society around us, and to what extent are we free to think four ourselves about mo
Tasya [4]
Our moral ideas are definitely influenced by the prevailing ones in society, ones which are reinforced by the news media on a daily basis. For example, the moral idea that it is acceptable to punish Venezuela for conducting its own internal elections is pushed in the media, and the UN non-interference in the internal affairs of other countries and respect for the sovereignity and territorial integrity of other countries is ignored. On the other hand, I believe it is becoming more acceptable for a white man to marry a non-white person and have the free choice to do so, though the Trump supporters don't believe this. 
3 0
3 years ago
Two factory plants are making tv panels. yesterday, plant a produced 12,000 panels. two percent of the panels from plant a and 5
vichka [17]
Let x be the number of television panels that the Company B produced. It is stated in this item that 5% of these panels are defective. The number of defective panels from Company B is therefore equal to 0.05x. 

With the representation above, the total number of panels produced by the two companies is equal to 12000 + x. The percentage of total defective panels to the total panels produced can be expressed through the equation,
     ((12000)(0.02) + 0.05x) / (12000+x))(100) = 3

Dividing the equation by 100
   (240+0.05x)/(12000+x) = 0.03

Cross-multiplying the denominator of the left-hand side to the right hand side of the equation,
   240 + 0.05x = 360 + 0.03x

Transposing like terms,
    0.02x = 120

Dividing the equation by 0.02.
   x = 6000

<em>ANSWER: The number of tv panels produced by Company B is 6000. </em>
8 0
4 years ago
Alberto is working with a group of fifteen people to coordinate the merger of two corporations. Everyone in the group is highly
TEA [102]

Answer:

decrease the size of the group

4 0
3 years ago
Other questions:
  • APM Inc. is in the property management business and has a required return on its assets of​ 14%. It can borrow in the debt marke
    7·1 answer
  • in the U.S. cash takes which forms? bills and coins /bonds and treasuries /dollars and Euros/reserves and treasuries
    14·1 answer
  • Moe blunt came into jan's hardware store and purchased a hammer for $16.75 plus a 5% tax. the total sales plus tax was:
    15·1 answer
  • Which of the following is long-term debt instrument that requires t5he issuer to repay the lender in regular interest payments u
    6·1 answer
  • Financial barriers to healthcare are a huge concern to people around the world. describe three (3) organizations who provide fin
    10·1 answer
  • How did the US find out about the missiles being set up in Cuba?
    12·1 answer
  • Tina is a real estate broker who has been asked to sell a property by a client. The property is exactly what she has wanted for
    13·1 answer
  • which recommendation would be most suitable for a 40 year old client whos maain objective is retierment income and preservation
    10·1 answer
  • A specific dollar amount a plan will pay toward the cost of dental care over a speck period of time is a;
    8·1 answer
  • at a world price of $5 with free and open trade, country b must import calculators. if country a has a domestic quantity demande
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!