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3 years ago

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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How many BTU's are in a ton

Svet_ta [14]

Answer:

12.000

Explanation:

Because 1 ton equals 12,000 BTU.

For example, 48,000 BTU equals 4 tons, and 60,000 BTU equals 5 tons.

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3 years ago

A collection of verbal and symbolic assertions that specify how and why variables are related, and the conditions under which th

Vladimir79 [104]

Answer:

-1 to +1

Explanation:

The correlation coefficient range is from -1 to +1.

-1 shows that there is perfect negative correlation.

+1 shows that there is perfect positive correlation.

0 shows there is no correlation.

Positive correlation shows that with the increase of let's say X, there would also be increase of Y. They would positively move together

Negative correlation shows that two variable move in opposite direction.

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3 years ago

Dave's Duds reported cost of goods sold of $2,000,000 this year. The inventory account increased by $200,000 during the year to

Nookie1986 [14]

Answer:

a. $2,200,000

Explanation:

We solve considering the inventory identity:

$$$Beginning Inventory + Purchase = Ending Inventory + COGS$

$$$ Purchase = (Ending Inventory - Beginning Inventory) + COGS$

the difference during the year means the difference between ending and beginning inventory was of 200,000

So we plug that into the formula and solve

$$$ Purchase = +200,000 + 2,000,000$

Purchase 2,200,000

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3 years ago

Real-time data warehousing can be used to support the highest level of decision making sophistication and power. The major featu

muminat

The major feature that enables this in relation to handling the data is speed of data transfer.

<h3>What is Real Time Data Warehousing?</h3>

Real Time Data Warehousing is a data warehouse that enables decision making to made speedily in real time.

Real time data warehousing is important for companies as it help to store large amount of data, it as well support higher level of decision and the speed of data transfer are very fast.

Inconclusion the major feature that enables this in relation to handling the data is speed of data transfer.

Learn more about Real Time Data Warehousing here:brainly.com/question/18565560

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2 years ago

The board of directors declared cash dividends totaling $160,000 during the current year. The comparative balance sheet indicate

Nikitich [7]

Answer: $164,300

Explanation:

Cash payments to stockholders shows the total amount that the shareholders of a company got during the year. It includes the money owed to them at the start of the year in addition to cash paid during the year.

= Beginning dividends payable + Dividends for the year - Ending dividends

= 43,200 + 160,000 - 38,900

= $164,300

8 0

3 years ago