1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AleksAgata [21]
3 years ago
13

Kragle Corporation reported the following financial data for one of its divisions for the year; average invested assets of $470,

000; sales of $930,000; and income of $105,000. The investment center profit margin is:
a) 22.3%

b)50.5%

c)197.9%

d)447.6%

e) 11.3%
Business
1 answer:
Zarrin [17]3 years ago
6 0

Answer:

e) 11.3%

Explanation:

Profit margin: Profit margin on sales can be defined as the proportion of earning or income or profit made by the company for each dollar of sales. It is always expressed in percentage (%).Assets: It can be defined as the resources owned by the organization which is capable of providing some future benefits. On the basis of duration of time assets are of two types which are Current Assets and Non-current Assets.  Sales: Sale of any goods or services can be made on a cash or credit basis. The amount receivable on sale can either be received immediately in cash or such a payment can be received at some future date.  Operating income: It refers to the income from business operations. It is calculated by deducting the fixed cost from contribution margin.

You might be interested in
Explain business activities and classification ?<br><br>​
nexus9112 [7]

Answer:

Business activities may broadly be classified into two categories namely (A) Industry and (B) Commerce. Industry involves production of goods and services whereas commerce is concerned with the distribution of goods and services.

Explanation:

hope helps

7 0
3 years ago
Read 2 more answers
Direct strategies of power are used when: A. one is an expert or has more knowledge. B. one is a novice or has less knowledge. C
ziro4ka [17]

Answer:

(A) one is an expert or has more knowledge.

Explanation:

Power is an individual's ability to influence others and do what the individuals wants as well as persons ability to resit the influence attempts of others.

3 0
3 years ago
Danita rescues dogs from her local animal shelter. when danita's income rises by 7 percent, her quantity demanded of dog biscuit
Anna007 [38]

Answer:

The income elasticity of demand for dog biscuits is Option D: positive, and dog biscuits are a normal good.

Explanation:

'Income elasticity of demand' refers to the reaction of the demand in quantity for a good or service to that of change in income.  

'Normal goods' are the goods that are related positively with income whereas 'inferior goods' are those goods which are related negatively with income. As the income increases, there is a rise in demand for the dog biscuits. This means the dog biscuits are normal goods. Income elasticity for demand is positive for Danita as it is because of the rise in income. Hence, Option D is the most appropriate.

6 0
3 years ago
What do different jobs in the marketing career cluster have in common?
DENIUS [597]

B- sales of goods and services

8 0
3 years ago
Read 2 more answers
What should you expect to get from your insurance company in exchange for your premium?
Sergeu [11.5K]

Answer:

see below

Explanation:

Premiums are the regular payments the insured pays to the insurance company for insurance coverage. By paying premiums, the insurance company agrees to compensate the insured for any financial loss resulting from the risk covered by the insurance contract.

Premiums are the cost of insurance.  The customer pays premiums while the insurances undertake the risk stated in the policy documents. Should the customer suffer damages, injuries, or financial loss, the insurance companies compensate the customer as per the terms stated in the insurance contract.

5 0
2 years ago
Other questions:
  • Select cost information for Seacrest Enterprises is as follows: 1,000 units of output 5,000 units of output Total Cost/Unit Tota
    11·1 answer
  • Naomi is an achievement-oriented, efficient project manager who generally attributes her success to her own actions but tends to
    15·1 answer
  • Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $ 5,870,000
    9·2 answers
  • Organizational change can best be defined as​ ________.
    6·1 answer
  • the costs of running a business are called ___________. a. startup costs b. cash flow c. operating expenses d. fixed costs
    5·2 answers
  • The current stock price of Alcoco is $70, and the stock does not pay dividends. The instantaneous risk-free rate of return is 6%
    9·1 answer
  • Luxury items in a budget come from _____. A. an income B. a deficit C. fixed expenses D. savings
    6·2 answers
  • At the end of April, Cavy Company had completed Job 766 and 765. According to the individual job cost sheets the information is
    9·1 answer
  • QUESTION 22 You purchase one IBM July 125 call contract for a premium of $5. You hold the option until the expiration date, when
    8·1 answer
  • The minimum efficient scale is:Group of answer choicesthe minimum output level where the firm’s average total costs are lowest
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!