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umka21 [38]
3 years ago
14

How is the profit margin computed? A ) by subtracting ending inventory from the goods available for sale B ) by dividing the amo

unt of gross profit by net sales C ) by dividing net income by net sales D ) by dividing net cash provided by operating activities by net income
Business
1 answer:
CaHeK987 [17]3 years ago
4 0

Answer:

C

Explanation:

The formula for Profir Margin = <u>(Net Income/Net Profit)</u>

                                                       Net Sales/Revenue

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Why is accuracy an essential element of business communication?
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3 0
2 years ago
Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high
Ann [662]

Answer:

                                                           Large    Medium    Small

Unit selling price                                 $184      $160       $100

Unit variable cost                                  130        120          76

Unit contribution margin                     $54        $40        $24

Autoclave hours per unit                       3            2              1

Total process hours per unit                 5            4              2

Budgeted units of production           3,000     3,000    3,000

a. Determine the contribution margin by glass type and the total company income from operations for the budgeted units of production.

  • total contribution margin for large safety plate glasses = $54 x 3,000 = $162,000
  • total contribution margin for medium safety plate glasses = $40 x 3,000 = $120,000
  • total contribution margin for small safety plate glasses = $24 x 3,000 = $72,000

b. Prepare an analysis showing which product is the most profitable per bottleneck hour.

contribution margin per autoclave hour:

  • large safety plate = $54 / 3 = $18 per autoclave hour
  • medium safety plate = $40 / 2 = $20 per autoclave hour
  • small safety plate = $24 / 1 = $24 per autoclave hour ⇒ MOST PROFITABLE PRODUCT PER AUTOCLAVE HOUR (BOTTLENECK)

7 0
3 years ago
The differences between career and non career​
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6 0
3 years ago
Walmart can use either self-service check out machines or cashiers to process customer purchases. For Walmart, self-service chec
OLga [1]

Answer:

a) Q = 100M + 60C

b) L = 0

c) L = Q / 60

d) Cost = $66.67

Explanation:

a)

Let M be the self service machines and L be the cashiers hired by company.

M = self service machines

C = hired cashiers

Q = Total output

Each self service machine can process 100 orders per hour = 100M

Cashier can process 60 orders per hour = 60C

Then,

Q = 100M + 60C

b)

Marginal Product of self service machine = 100 / 20 = 5 order per dollar

Marginal Product of cashier = 60 / 10 = 6 order per dollar

Marginal Product of cashier is higher than Marginal Product of self service machine(6 > 5).

Then, demand for self service machine is zero.

L = 0

c)

L = Orders to be processed / Order processed per cashier  

L = Q / 60

d)

L = Q / 60

L = 400 / 60 = 6.66666667

Cost = L x 10 = 6.66666667 x 10 = $66.67

Hope this helps!

7 0
3 years ago
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