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jeyben [28]
3 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]3 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]3 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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statuscvo [17]

Answer: Planning

 

Explanation: Planning refers to the process of setting goals and procedures and determining the need of resources to accomplish those goals.

In the given case, Hazel has already set her goal of providing the best ice cream in the market. Now she needs to set the procedures of how she can do so in an ethical manner. She has to determine the processes and rules she need to make to achieve the objective of ethical culture in her organisation.

Hence from the above we can conclude that in the planning phase.

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3 years ago
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goldfiish [28.3K]

The factor that would shift demand is the reduction in the price of laptops.

The equilibrium price  and quantity would decrease.

<h3>What is the result of the policy?</h3>

When the price of laptops are reduced, the quantity demand for laptops would increase while the demand for computers would fall. This is because computers and laptops are substitute goods.

As a result of a fall in the demand for computers, the demand curve would shift to the left. Equilibrium price and quantity would fall.

Please find attached the required diagram. To learn more about the demand curve, please check: brainly.com/question/25140811

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3 0
2 years ago
How can networking with friends colleagues or members of an organization helping to get to where you want to be
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3 years ago
A company with a US-based sales force has requested that the VPN system be configured to authenticate the sales team based on th
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3 years ago
Banks are financial intermediaries that: have customer deposits as its primary asset and loans to borrowers as their primsry lia
patriot [66]

Answer:

have customer deposits as its primary asset and loans to borrowers are their primary liabilities.

Explanation:

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