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jeyben [28]
2 years ago
12

According to the textbook readings, gross margin results from _____________ 1) Subtracting expenses from profit 2) Subtracting e

xpenses from net sales 3) Subtracting cost of goods sold from net sales 4) Subtracting profit from net sales

Business
2 answers:
makvit [3.9K]2 years ago
8 0

Answer:

The correct answer is number (3): Subtracting cost of goods sold from net sales.

Explanation:

A Gross Margin is a rough measure of how profitable companies' activities are. This calculates how much the business holds sales revenue after all the direct costs associated with making a product or providing a service. Direct costs are inventory, labor, and expenses related to the manufacturing of a product. Gross Margin is calculated with the following formula:

Gross Margin = Net Sales − COGS

Where:

COGS = Cost of goods sold

sveticcg [70]2 years ago
7 0

Answer:

The answer is 3. Subtracting cost of goods sold from net sales

Explanation:

Gross margin or Gross profit is the profit a business earn after deducting cost associated with making the goods from net sales(Net sales - Cost of goods sold or Cost of sales)

To calculate cost of goods sold - opening inventory/stock plus purchases minus closing inventory/stock.

The attached file also support this statement.

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New York City limits the number of taxi cabs that can legally operate in the city. The most likely result of this practice is th
stich3 [128]

Answer:

cab fares will be higher.

Explanation:

The supply of cabs would fall as a result of the limit. The fall in supply would lead to a rightward shift of the demand curve for cabs.

As a result, equilibrium price (cab fares) would increase and equilibrium quantity would fall.

subway is a substitute for cabs

Due to the increase in the price of cabs, there would be an increase in the demand for subway. This would lead to a rise in equilibrium price and quantity

8 0
2 years ago
A company is obligated to pay its creditors $6,100 at the end of the year. If the value of the company's assets equals $5,800 at
Korvikt [17]

Answer:

The value of shareholders' equity is -$300

Explanation:

Shareholders' equity is the corporation's owners' residual claim on assets after debts have been paid.

Total assets= Total liability + shareholders' equity

Shareholders' equity = Total assets - Total liability

Shareholders' equity = $5,800 - $6,100

Shareholders' equity = -$300

6 0
2 years ago
Why does a comma need to follow the word rain in this sentence?this is the following question, The weather guy said that it was
Strike441 [17]

Answer:

Eng grammar

Explanation:

Comma is Basically a 1 second pause after the word so when you say the above mentioned sentence then a one second pause is required after the word rain..

Hope I Helped

Pls mark as Brainliest.

8 0
3 years ago
A capital budgeting project is expected to have the following cash flows: Year Cash Flows 0 -$850,000 1 $300,000 2 $400,000 3 $5
diamong [38]

The capital budgeting project's net present value at an 18% required rate of return is <u>($4,200).</u>

<h3>What is the net present value?</h3>

The net present value represents the net discounted value of cash inflows after subtracting the present value of cash outflows.

The net present value can be determined by determining the present values of cash inflows and outflows and netting the two values.

<h3>Data and Calculations:</h3>

Required rate of return = 18%

Project period = 3 years

Year    Cash Flows    PV Factor        Present Value

0         -$850,000            1                    -$850,000 ($850,000 x 1)

1           $300,000         0.847               $254,100 ($300,000 x 0.847)

2         $400,000          0.718               $287,200 ($400,000 x 0.718)

3         $500,000        0.609               $304,500 ($500,000 x 0.609)

Net present value                                ($4,200)

Thus, the capital budgeting project's net present value at an 18% required rate of return is <u>($4,200)</u>.

Learn more about the net present value at brainly.com/question/13228231

#SPJ1

8 0
1 year ago
All of the following would cause the aggregate demand curve to shift except A. decreased security about jobs and future income.
gregori [183]

Answer:

price level changes

Explanation:

The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.

The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.

Aggregate demand curve shifts except when price level changes.

5 0
3 years ago
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