Answer:e. 17.34%
Explanation:
Profit margin shows how the activities of a firm or business activity are profitable by taking into accounts costs involved in producing and selling goods.
it can be calculate in three ways using the Gross profit margin formulae, Net Profit Margin formulae or the Operating margin formulae
Given
net sales = $773,000
net income = $134,000
Total assets of $7,714,260
We will use the Operating margin formulae which is the ratio of the Operating income to Revenue multiplied by 100
Profit margin =Operating income ( Net Income )/Revenue ( Net Sales) x 100
Profit margin = $134,000/$773,000 x 100
=0.173 x 100
=17.335 rounded to 1`7.34%
Answer:
$2,800
Explanation:
<u>REVENUE</u>
Revenue $11,000
Add:
B. Revenue earned but not yet billed = $2,800
D. Unearned revenue noe earned =<u> $2,500 </u> <u> $5,300 </u>
Total Adjusted Revenue <u> $16,300 </u>
<u>EXPENSES</u>
Expenses $11,000
Add:
A. Depreciation for February = $1,200.
C. Accrued interest expense = $800
E. Prepaid insurance =<u> $500 </u> <u> $2,500 </u>
Total Adjusted expenses <u> $13,500 </u>
Correct net income = Total Adjusted Revenue - Total Adjusted expenses
= $16,300 - $13,500
= $2,800
<h3><u>
Answer:</u></h3>
One Price Rule with Conditions Met set to Custom, three Price Conditions, and one Price Action
<h3><u>
Explanation:</u></h3>
The price rule record has the price rule, condition and action. The price rule must be explained clearly. Price condition is comparison of one field value with the other field value. The price rules contain conditions and the price rule can have an infinite number of conditions.
But for the above given questions we have 3 conditions. When the price rule meets by the conditions given it performs a particular action. Some of the fields in the price rule cannot be edited and and have security.