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3 years ago

The profit margin on an item the company sells can best be defined as:

Business

2 answers:

Akimi4 [234]3 years ago

6 0

Answer:

B) Price of the unit minus cost of goods sold per unit.

Explanation:

Costs involving monetary payments are explicit costs. Labor costs and total debt payments, both are explicit costs.

The difference between revenue earned and cost of goods sold is our profit margin. Price of the unit is revenue earned and deducting cost of goods sold per unit from it will give us profit margin of an item.

The unit price of an item is called the price of the unit, also called sales price. It could in Kilogram, Liter, etc. The price of the unit is considered part of the profit margin but not actually comprise profit margin itself.

The unit cost of an item is called the cost of goods sold per unit. The unit could be in Kilogram, Liter, etc. The cost of goods sold is usually deducted from the price of the unit to derive to the profit margin. Hence a part of profit margin but not actually a profit margin itself.

Maksim231197 [3]3 years ago

3 0

Answer:

B)price of the unit minus cost of goods sold per unit

Explanation:

Profit margin is the amount by which revenue from sales exceeds costs in a business. That is the difference between Price per unit and Cost of goods sold per unit.

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When travelers are bumped from overbooked flights, they are frequently offered vouchers good for future travel. The dollar value

earnstyle [38]

Answer:

The correct answer is letter "E": distributive fairness.

Explanation:

Distributive fairness is what is fair and correct regarding benefits assignation to a certain group. The principles of distributive fairness are ruling principles designed to guide the benefits of assignation and load of economic activity. English philosopher Thomas Hobbes (1588-1679) used to relate the principle of distributive fairness with the right of each individual to ensure self-preservation, something that included food, water, clothing, and somewhere to live.

6 0

3 years ago

Sudoku Company issues 17,000 shares of $8 par value common stock in exchange for land and a building. The land is valued at $230

steposvetlana [31]

Answer:

Debit Land for $230,000

Debit Building for $372,000

Credit Common Stock (w.1) for $136,000

Credit Paid in capital in excess of per value (w.2) for $466,000

Explanation:

The journal entry will look as follows:

Account Name Dr ($) Cr ($)

Land 230,000

Building 372,000

Common Stock (w.1) 136,000

Paid in capital in excess of per value (w.2) 466,000

(To record issuance of stock in exchange for the land and building.)

Workings:

w.1: Common stock = Number of shares issued * Price per share = 17,000 * $8 = $136,000

w.2: Paid in capital in excess of per value = Value of land + Value of building - Common stock = $230,000 + $372,000 - $136,000 = $466,000

4 0

3 years ago

What form of capital will be obtained by Transnet

melisa1 [442]

Explanation:

All tenders should be submitted on the appropriate tender forms as issued by trasnet and as per instructions in the bid documentation

4 0

2 years ago

This chapter discusses many types of costs: opportunity cost, explicit costs, fixed cost, variable cost, average fixed cost, and

melomori [17]

Answer: See explanation

Explanation:

In a pizza industry, the cost of the factory is a (fixed cost) only in the short run but not in the long run.

(Average fixed cost) is always falling as the quantity of output increases.

A cost that depends on the quantity produced is a (variable cost).

The term (opportunity cost) refers to all the things you must give up for taking some action.

The term (explicit cost) refers to costs that involve direct monetary payment by the firm.

(Average variable cost) is falling when marginal cost is below it and rising when marginal cost is above it.

4 0

2 years ago

In the 1950s, imports and exports of goods and services constituted roughly 4% to 5% of U.S. GDP. In recent years, exports have

barxatty [35]

Answer:

a) An increasing number of import quotas

b) Better high-speed rail lines

c) Improvements in telecommunications

d) International trade agreements such as the General Agreement on Tariffs and Trade (GATT)

Explanation:

All of the above applies as in order to increase the international trade.

As with the increase in quotas there is a pressure to increase the imports. Further when there is easy chain of supply even in the international market that is railway facility is smooth and that the telecommunications is also easy.

Further, with increased trade agreements there is provision of reduced tariffs and taxes and accordingly the international exchange is not complicated and is rather smooth.

5 0

3 years ago