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AysviL [449]
3 years ago
13

a company earned $3,000 in net income for october. its net sales for october were $10,000. its profit margin is

Business
1 answer:
kari74 [83]3 years ago
6 0

Answer:

30%

Explanation:

The computation of the profit margin is shown below:

Given that

Net income earned for the month of October = $3,000

And, the net sales for the month of October is $10,000

Based on the above information, the profit margin is

= Net income ÷ Net sales

= $3,000 ÷ $10,000

= 30%

By dividing the net income from the net sales we can get the profit margin and the same is to be considered

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What is the typical impact on a program's cost and schedule when unstable requirements lead to changes late in the system's deve
Anuta_ua [19.1K]

Answer: The correct answer is "a. Significantly negative impact on cost and schedule".

Explanation: The typical impact on a program's cost and schedule when unestable requirements lead to changes late in the system's development is the significantly negative impact on cost and schedule.

3 0
3 years ago
When the price of a good or service is _________enough, it will encourage consumers to buy. However, the price also has to be __
asambeis [7]

Answer:

The correct words for the blank spaces are (<em>in that order</em>): low; high; opportunity; reservation.

Explanation:

For buyers and sellers to benefit from a transaction, the price of the goods or services offered must be at equilibrium. It implies the price is low enough for consumers to consider purchasing the product and high enough for producers to offer it earning a profit.

Besides, producers should consider their opportunity costs which are the costs of adding one more unit for production. On the other side of the road, consumers consumer their reservation price which is the maximum amount of money they could pay for a good or service based on the value they give to the product.

4 0
4 years ago
Revive Co. has outstanding 20-year noncallable bonds with a face value of $1000. These bonds have a current market price of $138
pickupchik [31]

Answer:

5.75%

Explanation:

Firstly, we need to find the yield-to-maturity (YTM) of current outstanding bond as below:

Bond market price = Coupon/(1 + YTM) + Coupon/(1 + YTM)^2 + Coupon/(1 + YTM)^3 +...+ Coupon/(1 + YTM)^20 + Face value/(1 + YTM)^20, or:

1,382.73 = 130/(1 + YTM) + 130/(1 + YTM)^2 + 130/(1 + YTM)^3 +...+ 130/(1 + YTM)^20 + 1,000/(1 + YTM)^20

Solve the equation, we get YTM = 8.85%.

So, if he company wants to issue new debt, its after-tax cost of debt is 8.85% x (1 - 35%) = 5.75%

7 0
4 years ago
A successful photographer’s main area of interest would be _____.
ziro4ka [17]
The choices can be found elsewhere and as follows:

<span>a. business
b. the arts
c. crafts
d. office operations.
</span>
I would say that the correct answer is option B. <span>A successful photographer’s main area of interest would be arts since it is the most relevant to being a photographer. Hope this helps.</span>
8 0
4 years ago
Read 2 more answers
Adam culbreath wanted to invest in the stock market, but didn't have the entire $10,000 he needed to buy the shares of the compa
Sindrei [870]

Answer:

Adam is buying on margin.

Explanation:

When you buy a stock on margin it means that your broker borrowed you some of the money needed for the purchase of the stock.  

In this case, Adam is buying stock on margin because he only had $7,000 and his broker lent him the extra $3,000 he needed to purchase the shares he wanted.

6 0
3 years ago
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