Answer: 76.3%
Explanation: Gross profit margin is calculated by dividing the gross profit (difference between revenue and cost of goods sold) by revenue (Net sales). It could be expressed as a percentage by multiplying by 100.
Gross profit margin = (gross profit ÷ net sales) * 100
Gross profit = $3,320
Net sales = $4,350
Gross profit margin = ($3,320÷$4,350) * 100
0.763 * 100 = 76.3%
As time passes, people adjust to the higher price, and the demand for gasoline becomes less elastic.
<h3>What is price elasticity of demand?</h3>
Price elasticity of demand measures how the quantity demanded of a good changes when price changes. Demand is elastic when quantity demanded changes more than the change in price. Demand is less elastic when quantity demanded changes less than the change in price. With the passage of time, demand becomes less elastic.
To learn more about price elasticity of demand, please check: brainly.com/question/18850846
<u>Answer:</u>
<em>Stock fund 2 has a mean yearly return of 13 percent with a standard deviation of 9.36 percent, is riskier.</em>
<u>Explanation:</u>
The profit yield is the <em>annualized profit/starting speculation offer value</em>; the capital increases yield is the annualized capital addition/beginning venture offer cost. The yearly all out return is the aggregate of <em>annualized profits and capital increases</em> partitioned by the underlying offer cost.
In a shared store, it offers lower costs, comfort, and enhancement. <em>Financial specialists</em> utilize the accommodation of the common store in order to get a part of the value to their portfolios than <em>purchasing individual offers</em>.
Answer:
The following are the values which match the type:
Medical bills are paid - Liability coverage.
Damages to the other car are paid - Pays 0% damages to the other car.
Damages to your car are paid - Collision coverage.
Explanation:
The expenses of the medical are termed under the liability coverage as they certainly could not be ignored and also one cannot choose or select to risk his or her health.
The collision coverage is defined as the payment done for repairing the car, which got damaged because of collision.
When the car is in good condition, then the person could choose for not to spend the money on repairing of the other car. So, paid the 0% for damages to the other car.
Note: Options are missing, so providing the direct answer.
Answer: 23.04%
Explanation:
Based on the information given in the question, the cost of not taking a cash discount will be calculated as:
= D/(1-D) × (360/n)
where D = Discount rate
n = number of days after the discounted period
= D/(1-D) × (360/n)
= 4%/(1 - 4%) × [365/(76-10)]
= 4%/96% × (365/66)
= 0.0416667 × 5.530303
= 0.2304295
= 23.04%