The net profit is the money that a business earns after the deduction of the expenses for a period of time.
<h3>How to calculate the net profit?</h3>
Your information is incomplete as the data is missing. Therefore, an overview will be given. In order to calculate the net profit, it's important to know the gross profit.
The formula to calculate the net profit will be:
= Total revenue - Total expenses
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The type of mutual fund to select depends on the person's goals and attitude towards risks. Generally, mutual funds are a pool of paper assets of different people that is managed by fund managers as they buy stocks from investments in the market.
There can be three types of source of mutual fund: stocks, bonds and balanced fund. Stocks are shares of big companies, say for example, Proctor & Gamble. They sell their shares to the market that is open to all potential investors. When a fund manager buys shares, he becomes a co-owner of the company. Thus, if the profit of the company increases, you are also given with additional dividends. However, the risk is high because if the company goes bankrupt, you lose your money. Bonds are owned by government agencies that are open to the public to borrow their money to be used on projects for the country. This is low risk because the government promises to return the amount of money borrowed plus a fixed interest. Balanced fund is the median of both because fund managers source their mutual funds both on stocks and bonds.
So, if you are aggressive, then stocks are fit for you. If you are conservative, better stick with bonds because there is a guarantee. If you are a mix of both, balanced fund is your option.
Answer:
Thus, payback period is = 3 years and 1.61 months
Explanation:
Payback period is the time it will take the project cash flows to recover the initial investment. The payback period for the project in question will be,
<u>Year</u> <u>Cash flow</u> <u>Remaining Amount</u>
1 850 (6900 - 850) = 6050
2 2400 (6050 - 2400) = 3650
3 3100 (3650 - 3100) = 550
As the year 4 cash flow is 4100, we know that the amount will be recovered in year 4. However, we will calculate the exact period or months in year 4 that it will take to recover total initial investment assuming that cashflow occurs at constant rate through out the year.
Time = 550 / 4100 * 12 = 1.61 months
Thus, payback period is = 3 years and 1.61 months
<u>Solution:</u>
In order to record the merchandise inventory on LCM with the correct amount, the following Journal entry will be passed in the books of account:
Date account and explanation debit credit
Dec 31 The cost of goods sold (250000-200000) 50000
Merchandise inventory 50000
(To record inventory on LCM)
Therefore, the cost of goods sold will be debited with an amount of $50000 and the Merchandise inventory will be credited with the same amount of $50000.
Answer: This will result in <u>Responsiveness Metrics.</u>
Explanation:
Responsiveness Metrics is very important in customer satisfaction of a product or game. There are metrics that are checked during game play such as loss of life, loss of health, how long a person is on screen, and time moving among other things.
There are five basic customer experience metrics that are important for all businesses such as;
- Problem Resolution Time
- Contact Volume by Channel
- Was the Customer Able to Find What They Were Looking For?
- First Response Time
- Overall Customer Experience Rating