Answer: Option D
Explanation: In simple words, gross profit refers to the amount of revenue that the company is left with after deduction for the expenses that are incurred to make and sell that specific product.
The low pay to supplier means that the company will have a low cost to produce the product which will result in increase in gross profit.
Hence the correct option is D.
Answer:
Annual deposit = $4100
Explanation:
Annual deposit = $4100
Number of years for retirement = 30 years
Future value of money = $1000000
Interest rate = 12%
Now use the below formula to find the annuity amount.
Annual deposit = Future value (A/F, r, n)
Annual deposit = 1000000 (A/F, 12%, 30)
Annual deposit = 1000000(0.0041)
Annual deposit = $4100
Profit = $40,000
Given,
Total sales are $500,000
Total fixed costs are $300,000
Contribution margin ratio is 68%
Solution:
Profit = Total Sales × Contribution margin ratio − Total Fixed costs
= $500,000 × 68% − $300,00
=$340,000 −$300,000
Profit =$40,000
Profit:
Profit; also known as net income is the financial gain acquired when the amount of revenue generated by a company exceeds costs and expenses. Profit is the bottom line of a company′s income statement that shows the financial performance during the period.
Learn more about contribution margin :
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Answer:
$214,800
Explanation:
The amount paid is the sum of the amount declared and the difference in amounts payable.
dividends paid = $209,800 +50,400 -45,400
dividends paid = $214,800
Answer:
Below
Explanation:
a product recall from a manufacturer to return a product after the discovery of safety issues or product defects that might endanger the consumer or put the makers / seller at risk at legal action.