Answer:
The correct answer is (A)
Explanation:
Marginal benefit and marginal cost are two important factors to make a decision. If the marginal benefit of meeting a friend is higher than the marginal cost I will keep running to meet a friend. Because I am tired, I want the marginal benefit to exceed the marginal cost. In case I am not tired I will choose to meet the friend if MC=MR.
If you discover an unattended email address or fax machine in your office. What you should do is: To Contact your compliance department.
<h3>Unattended email address</h3>
If an unattended email address that is receiving appeals requests is discovered the next step of action to take is to get in touch or contact your compliance department.
You can contact your compliance department by making use of compliance hotline or any other means that you can use to contact them.
Therefore what you should do is: To Contact your compliance department.
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Answer:
b) $22, 326 and $16, 900
Explanation:
The computation is shown below:
Budgeted cash sales
July cash sales
= $15,000
August sales
= July sales + July cash sales × monthly increase
= $15,000 + $15,000 × 22%
= $15,000 + $3,300
= $18,300
September sales
= August sales + august sales × monthly increase
= $18,300 + $18,300 × 22%
= $18,300 + $4,026
= $22,326
Budgeted credit sales
July cash sales
= $10,000
August sales
= July sales + July cash sales × monthly increase
= $10,000 + $10,000 × 30%
= $10,000 + $3,000
= $13,000
September sales
= August sales + august sales × monthly increase
= $13,000 + $13,000 × 30%
= $13,000 + $3,900
= $16,900
Answer:
The correct order of the question is below:
The gross margin ratio: 1- Is also called the net profit ratio. 2- Indicates the percent of sales revenue remaining after covering the cost of the goods sold. 3- Is also called the profit margin. 4- Is a measure of liquidity and should exceed 2.0 to be acceptable. 5- Should be greater than 1 for merchandising companies.
The answer is 2. Indicates the percent of sales revenue remaining after covering the cost of the goods sold.
Explanation:
Gross profit is the difference between cost of sales and net sales revenue and gross profit margin is calculated by gross profit divided by net sales revenue. It can be expressed as a percentage.
This margin is the first measure of profitability.
Option 1 is wrong. Net profit ratio is the ratio of net profit to sales revenue. Net profit is after all expenses and tax have been deducted from revenue.
Option 4 is wrong. This is not a measure of liquidity. Current ratio and quick ratio are a measure of liquidity.
Option 3 and 5 are wrong
