Answer:
The company’s profit margin for the current year ended December 31 (rounded to the nearest decimal point) is 20%
Explanation:
Use the following formula to calculate the Profit Margin
Profit Margin =
Where
Net Income = $20,000
Net Sales = $100,000
Placing values in the formula
Profit Margin =
Profit Margin = 0.2 x 100
Profit Margin = 20%
Answer:
March revenue:
102 units x 15 dollar each = 1,530
April revenue
51 units x 15 dollars each = 765
Explanation:
We recognize based on the delivery of the goods which is the point at which the trasnfer of ownership occurs. Once the good are delvierired; the customer is the owner of them and can use them as see fit, is responsabile for their condition and wellbeing.
Answer:
b. The refusal has an anti competitive effect on the market.
Explanation:
When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.
This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.
Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.
Answer: perform in-between meeting tasks(A)
Explanation:
The plan-do-check-act (PDCA) is a four-step method that is used in business and organizations for the control and improvement of the processes and products
A in PDCA stands for Act and it means to take action based on what one has learned in the study. In a case whereby the change does not work, own should go through the cycle again using a different plan.
In cases were one is successful, the person should incorporate what has been learned from the test into broader changes.
The "act" part of the PDCA cycle is used to perform in-between meeting tasks.
Answer:
b. the Federal Reserve System.
Explanation:
Initial margin refers to the deposit made by an investor with a broker, in order to open a margin account. The purpose of initial margin is security and collateral to ensure enough availability of cash in the trading account of the investor.
For instance an investor wants to purchase 4000 shares priced at 15$. In this case, he is supposed to deposit 50% of $60,000 i.e $30,000. The remaining $30,000 is contributed by the brokerage firm, regarded as borrowings on which the investor pays interest.
The initial margin limit is fixed by the Federal Reserve System.