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3 years ago

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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What are companies that have low customer contact and are capital intensive; yet provide a service, called? A. quasi-manufacturi

MrMuchimi

Answer:

A. quasi-manufacturing organizations.

Explanation:

Quasi manufacturing companies are organizations that have low customers contact and relatively high and intensive capital investments.

Hierarchical manufacturing organizations are those which has many chain of commands order. These companies follow typical organizational structure.

Example, Director, Senior managers, Assistant managers, supervisor, clerks etc.

4 0

3 years ago

Read 2 more answers

Headlights, signal lights, and taillights exist so you can ___.

8090 [49]

C) communicate with other drivers

3 0

3 years ago

How much must be deposited at the beginning of each year to accumulate to $25,000 in two years if interest is at 9%?

Alika [10]

Answer:

$10,974.05

Explanation:

Given that,

Amount to accumulated = $25,000 in two years

Interest rate = 9%

Let the amount be X,

Total amount after two years:

= Year 1 + Year 2

= X(1.09)^2 + X(1.09)

= 1.1881 X + 1.09X

= 2.2781 X

SO, Total amount after two years:

2.2781 X = 25,000

X = 25,000 ÷ 2.2781

= $10,974.05

Hence, the amount deposited at the beginning of each year is $10,974.

7 0

3 years ago

Kingbird Industries had one patent recorded on its books as of January 1, 2020. This patent had a book value of $249,600 and a r

dimulka [17.4K]

Answer:

The amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

Explanation:

This can be calculated as follows:

Patent book value = $249,600

Remaining useful years January 1, 2020 = 8

Remaining useful months of the patents from January 1, 2020 = Remaining useful years January 1, 2020 * 12 8 * 12 = 96

Monthly Patent book value = Patent book value / Remaining useful months = $249,600 = $2,600

Patent book value amortized from January 1, 2020 to December 1, 2020 = Monthly Patent book value * 12 = $2,600 * 12 = $31,200

Legal fee incurred = $93,500

Number of months from January 1, 2020 to December 1, 2020 = 11

Relevant months of legal fee incurred starting from December 1, 2020 = Remaining useful months of the patents from January 1, 2020 - Number of months from January 1, 2020 to December 1, 2020 = 96 - 11 = 85

Monthly legal fee = Legal fee incurred / Relevant months of legal fee incurred starting from December 1, 2020 = $93,500 / 85 = $1,100

Amount to report = Patent book value amortized from January 1, 2020 to December 1, 2020 + Monthly legal fee for December 1, 2020 only = $31,200 + $1,100 = $32,300

Therefore, the amount patent(s) should be reported on the December 31, 2020, balance sheet, assuming monthly amortization of patents, is $32,300.

3 0

2 years ago

The story in the video describes how the ceo of japan airlines, haruka nishimatsu, serves as an example of:

Anastaziya [24]

<span>the answer is several of the characteristics of a high performing strategic leader.

What unique about him is:
- He does not had a lavish lifestyle eventhough he held the most important position in the company.
- He let his office opened so all of his employees can get easy access to communicate with him
- He openly receive any ideas his employees gave to him as long as it's related to their growth as an organization.</span>

6 0

3 years ago