Net Profit Margin measures the percentage of sales revenue a firm is able to retain after all expenses are deducted from gross revenues.
What is Net Profit Margin?
A financial measure called net profit margin can be used to determine what much of a company's total revenue is profit. It gauges how much net profit a business makes for every dollar of revenue generated. The ratio of net profit to total sales, stated as a percentage, is known as the net profit margin.
Net profit is determined by subtracting all business costs from net income. A percentage is the outcome of the profit margin computation; for instance, a 10% profit margin indicates that for every $1 in revenue, the company makes $0.10 in net profit. Revenue represents the entire sales of the company in a period.
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Answer:
A partnership agreement is binding even if it is not in writing
Explanation:
A partnership is a relationship that exist between two or more people (Usually two to twenty people) to pool their resources and capital together and establish a business enterprise with the aim of making profit.
A partnership agreement can be written on unwritten. Even when unwritten, a partnership agreement is binding and is enforceable in the law court.
A written partnership agreement is called a partnership deed. partners are usually encouraged to have a partnership deed that clarifies the respective positions and duties of each partners.
Answer:
$240 Favorable
Explanation:
Cost as per standard
Fixed per month = $3,320
Per frame = $16
Cost for 1049 frames = $3,320 + ($16 
1049)
= $3,320 + $16,784 = $20,104
Actual Supplies cost = $19,864
Spending Variance = Standard Cost - Actual Cost
Spending Variance = $20,104 - $19,864 = $240 Favorable
As we see actual cost is less than standard the variance is favorable.
$240 Favorable
Answer: Bonds are a form of debt capital.
Financial capital is important for a business to get moving. It comes from two sources: debt and equity.
Bond is an example of debt capital while stock an equity capital. Bonds have to be repaid at maturity. Stocks have no maturity dates.
Answer:
Explanation:
The journal entry is shown below:
Cash A/c Dr 3,936
To Accounts receivable A/c 3,936
(Being payment is received within the discount period)
The amount of cash received is shown below:
= Sales - returned goods - discount
= $5,000 - $900 - 4%
= 3,936
Since the cash is received so we debited the cash and credited the account receivable account
