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densk [106]
3 years ago
14

Derk owns 600 shares of stock in Rose Corporation. The remaining 1,400 shares of Rose are owned as follows: 200 by Derk's daught

er, 400 by Derk's aunt, and 800 by a partnership in which Derk has ownership interest of 85%. Determine the number of shares Derk owns (directly and indirectly) in Rose Corporation. Derk is deemed to own (directly and indirectly) shares in Rose Corporation.
Business
1 answer:
Norma-Jean [14]3 years ago
8 0
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A company had $7,040,000 in net income for the year. Its net sales were $15,600,000 for the same period. Calculate its profit ma
ivann1987 [24]

The measure of a product, service, or company's profitability is its profit margin. The bigger the percentage representing the profit margin, the more profitable the company is.

Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it.

Profit margin=44.9%

Explanation to the answer:

Profit margin =Net income / sales

                    =7,050,000 / $ 15,700,000

                    =0.44904

                    =44.9%

Profit margin =44.9%

Learn more about profit margin here brainly.com/question/24161087

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5 0
2 years ago
In a Bring Your Own Device (BYOD) policy, the user acceptance component may include separation of private data from business dat
disa [49]

Answer:

True

Explanation:

Bring your own device policy is  is a policy whereby companies allow employees to use their  laptops, smart phones, tablets and the likes for official purposes. It is mostly used by small scale firm who can't afford to get all of these gadgets for their workers. Separating of private data and business data included in the acceptance component will help to maintain confidentiality of company's files that are on the employee's device.

6 0
3 years ago
A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori
Mandarinka [93]

Answer:

17%

Explanation:

If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%

The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.

Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.

8 0
3 years ago
Read 2 more answers
The Sherman Antitrust Act A. was concerned with self-interest dominated Nash equilibriums in prisoners' dilemma games. B. restri
dolphi86 [110]

Answer:

B. restricted the ability of competitors to engage in cooperative agreements

Explanation:

The Sherman Antitrust Act of 1890 is a US legislation that regulates the level of competition that exists among businesses. It was passed by the Congress when Benjamin Harrison was president. This act is aimed at protecting trade and commerce from illegal restraints and monopolies. It was enacted by the 51st Congress of the United States. This act was introduced by John Sherman in the senate house.

8 0
3 years ago
Read 2 more answers
1. A small-scale businessman deposits money at the beginning of each year into his savings account, depending on the level of th
quester [9]

Answer:

The value of the investment at the time of his first deposit is $1,000.

At the end of the first year, the investment will be worth $1,070.

Explanation:

The value of a deposit investment is determined by the interest rate and time.  Time affects the value of an investment by this small-scale businessman in many ways.  The passage of time increases the value of his investment.  However, the total increase may not be due to the interest rate, but inflation also affects asset's value.  For this businessman to make a gain in the investment, the interest rate must be higher than the inflation rate.  Otherwise, the investment loses money due to the effects of inflation, which reduces the real value of an asset over time.

7 0
3 years ago
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