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Blababa [14]
3 years ago
15

g In 2009, an agricultural company introduced a new cropping process which reduced the cost of growing some of its crops. If sal

es in 2008 and 2009 were steady at $30 million, but the gross margin increased from 2.8% to 3.9% between those years, by what amount was the cost of sales reduced
Business
1 answer:
damaskus [11]3 years ago
4 0

Answer:

$ 330000

Explanation:

Gross margin represent the amount of money remaining after the removal or subtraction of cost of product or services sold from its net sales \

Gross margin = ( total revenue - costs of good sold ) × 100

the sales in 2008 and 2009 were steady at $ 30 million dollar

the gross margin increased from 2.8% to 3.9 %

the amount the cost of sales reduced = ( $ 30 million × 0.039) - ( $ 30 million × 0.028) = $ 330000

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KIM [24]
100 unit difference
7 0
3 years ago
Purchasing power parity (PPP): a. almost never holds completely. b. is as commonly accepted as the law of demand. c. is a reason
Ahat [919]

Answer:

The correct answer is letter "D": represents the universality of exchange rate systems.

Explanation:

Purchasing Power Parity or PPP compares different countries' currencies through a market's basket of goods approach. Two currencies are in PPP when a market basket of goods, taking into account the exchange rate is priced the same in both countries. PPP currency rates are considered more accurate than market-exchange rates.

4 0
3 years ago
Evaluate Mark’s conduct using the Six Pillars of Character. Did Mark violate any rules in the AICPA Code? Should he be permanent
Schach [20]

Answer:

There are 3 cases

The First case

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Explanation:

See attached images for the other two cases

8 0
3 years ago
Douglas County sought bids for a construction project. Robert Taggart wanted to submit a bid but knew the project needed rock. H
Jet001 [13]

Answer:

No, there is no contract between the two parties because of withdrawal of offer (Revocation) before the acceptance of the other party.

Explanation:

When one party offers another party and after some time the offer maker withdraws the offer by communicating that they had revoked then the offer is no more available to the other party and is often termed as Revocation. So when the offer maker revokes before the acceptance of the offer by the other party then their is no offer at consideration to the other party, which means if there is no offer then their can not be an acceptance of an offer and of course when there is no acceptance then there is no contract.

The communication of revocation was held before the acceptance of the offer of the other party which agains says that the contract was not actually formed.

4 0
3 years ago
Select all that apply.
ahrayia [7]

Answer:

The answer is A.

Explanation:

B doesnt make much sense and C is just plain stupid

8 0
3 years ago
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