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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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Marketers who want to assess what their customers think about their goods and services can collect data from blogs, social media
Andre45 [30]

Answer:

The answer is B. Sentiment analysis.

Explanation:

There is a growing need for marketers to determine the impact of the products and services on customers especially on a social perspective. With the existence of social network, this has become possible by carrying out sentiment analysis. This implies that the possibility for marketers to assess the social opinion, either positive or negative, of goods and services through the identification, analysis, interpretation of texts, surveys, social media sites is done through sentiment analysis. For example, skimming and scanning through reviews to identify expressed or text emotions such as joy, hate ets is a form of sentiment anlaysis.

5 0
3 years ago
Read 2 more answers
If an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include?
astra-53 [7]

As an economy moves into a recessionary period, examples of fiscal policies that act as automatic stabilizers include an increase in transfer payments.

Monetary increase refers to a boom in the size of a country's economy over a period of time. the scale of an economic system is commonly measured by the entire manufacturing of products and services inside the financial system, which is called gross home product (GDP). the financial increase may be measured in 'nominal' or 'real' terms.

The financial increase is a growth in the manufacturing of goods and offerings in a financial system. increases in capital goods, labor force, generation, and human capital can all contribute to the monetary increase.

Learn more about economic increase here:brainly.com/question/1690575

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5 0
1 year ago
Your friend Burrell says that the government should hire fewer social workers in order to reduce the cost of federal assistance
BARSIC [14]

Answer: b) peoples' responses to financial incentives.

Explanation:

Burrell would be wrong because the most leakage in federal assistance programs comes from the way people respond to financial incentives.

Some people who have received this assistance from the Federal government have decided that it would be better to keep receiving this assistance instead of working to actually get paid.

This has led to more people seeking assistance thereby increasing the number of people needing assistance and invariably increasing the cost of these federal assistance programs.

4 0
3 years ago
How do changes in the environment affect businesses and thus consumers?
fiasKO [112]

Answer:

If the environment changes then the businesses will make products you need in that environment so consumers will buy more of that product because they need it. For example, if it's summer you need new summer clothes so companies will start to make summer clothes so people will buy them instead of winter or fall clothes because of the environment. So businesses are getting money and the consumers are getting what they need or want.  

8 0
2 years ago
A company completes construction of a $400 million offshore oil platform and places it into service on January 1. State law requ
Sauron [17]

Answer:

b. Liability, $9,000,000; expense, $0.

Explanation:

An asset retirement obligation (ARO) refers to an obligation with respect to the acquisition , construction, development, etc. The liability should be recognized the liability at the present value that should be expected to be paid for settling the obligations

Here the $9,000,000 million represents the liability

Also the journal entry is

Asset Dr

        To liability

(Being the asset placed is recorded)

There is no expense should be recorded in the income statement

3 0
3 years ago
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