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m_a_m_a [10]
3 years ago
10

How does a company measure profit growth?

Business
1 answer:
tankabanditka [31]3 years ago
4 0

Answer:

a. by finding the percentage increase in net profits over time

Explanation:

The primary reason why companies engage in business is to make profit. When profits are made, that means there will be opportunity for expansion. A company that does not make profit will not expand hence the possibility of its survival will not exist.

Companies make profit to finance business operation, purchase critical assets etc. Companies measure their profit growth to know how well their profit increase overtime and it is measured by finding the percentage increase in net profits overtime.

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Rebotar Inc. makes basketballs. Their fixed costs are $3,450. Variable costs are $12 per basketball. If the basketball is priced
JulsSmile [24]

Answer:

yes

Explanation:

The contribution margin concept uses the formula below to calculate the break-even point.

break-even = fixed cost/ contribution margin per unit

fixed costs = $3,450.

contribution margin per unit = sales price - variable costs

= $25- $12

=$13

Break-even = $3,450 /$13

=265.38

=265 units

The break-even point is 265 units. Rebotar Inc. sold 300 basketballs; they meet the break-even point. 300 basketballs are more than 265.

8 0
3 years ago
What is the first step in creating a cash flow statement?
Leya [2.2K]
The first step is to calculate income. 
6 0
3 years ago
Read 2 more answers
While negotiating salary with your prospective employer, if you suggest an initial target salary of $55,000, your employer will
PtichkaEL [24]

Answer:

anchoring

Explanation:

The anchoring bias refers to the psychological tendency to favor the first data given to us or the first information that we know.

This applies to situations where you are the supplier of labor or the seller of goods. When you suggest an initial salary, your recruiter or future employer will use the amount you tell him/her as the reference. In this case, since the number is just in between $50,000 and $60,000, the employer will consider that salary range. Instead, if you just change the salary by a small bit, to $55,500, the employer will consider a higher range. Generally employers will try to negotiate down to feel that they made a good deal.

The anchoring bias is usually a very successful sales technique because consumers tend to fix a normal price and compare it to a sales or discount price and believe that the discount is significant.  

4 0
3 years ago
Siblings are considered "family" under the stock attribution rules that apply to stock redemptions.
harina [27]

Answer:

false

there is no ownership atribution between siblings, cousins, or a mother-in-law and son-in-law

4 0
3 years ago
A negotiable certificate of deposit A. is a bearer instrument, meaning whoever holds the certificate at maturity receives the pr
lianna [129]

Answer: Option D                                                  

Explanation:  A Negotiable Deposit Certificate  refers to a $100,000 initial face value deposit contract. These are lent by a bank and therefore can typically be offered on a highly liquid resale market,although before completion of maturity period they can not be cashed in.

An NCD is brief-term, varying from two weeks and a year. Cost will be charged at completion or the unit will be bought at a discount over its face value. Rates of interest are trad-able, and an NCD's yielding depends on the circumstances of the stock market.

Thus, from the above we can conclude that the correct option is D.

8 0
3 years ago
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