Answer:
23.53% or 24% (Approx)
Explanation:
Given that,
Current Assets = $632,000
Total Assets = 1,424,000
Cost of Goods Sold = 1,040,000
Gross Profit = $320,000
Net Income = 192,000
Sales revenue = Cost of goods sold + Gross profit
= $1,040,000 + $320,000
= $1,360,000
Gross profit margin = (Gross Profit ÷ Sales) × 100
= (320,000 ÷ 1,360,000) × 100
= 0.23529 × 100
= 23.53% or 24% (Approx)
Chewy candy manufacturers are coming out with more true-to-fruit flavors, with some companies. From this information, you can surmise that the chewy candy industry is in the maturity stage of the product life cycle.
<h3>What is the product life cycle?</h3>
Product life cycle management refers to the succession of strategies by business management as a product goes through its life cycle.
Chewy candy manufacturers are coming out with more true-to-fruit flavors, with some companies even fortifying their confections with vitamin C. You can sunrise that the chewy candy industry is in the maturity stage of the product life cycle.
Learn more about the Product life cycle here:
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#SPJ1
Answer:
B) $5.860.53
Explanation:
The computation of the future value is shown below:
= Principal amount × (1 + rate of interest)^number of years
= $5,500 × (1 + 0.016)^4
= $5,500 × 1.016^4
= $5.860.53
Hence, the second option is correct
It should be noted that a benefit of contributing to a retirement account is A. The amount of income that's taxable is reduced.
<h3>What is the benefit of retirement account?</h3>
It should be noted that employee contribution can help in reducing taxable income.
Contributions and investment gains won't be taxed until they're distributed.
Therefore, the benefit of contributing to a retirement account is the amount of income that's taxable is reduced.
Learn more about retirement on:
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I'm thinking a bar graph. You can use a bar graph in this situation to keep up with what's popular and what what's not so hot.