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Mumz [18]
3 years ago
12

A retail operation has an average gross margin of 35%. If the average monthly sales for the store is $200,000.00, what is the co

st of goods sold?
Business
1 answer:
GarryVolchara [31]3 years ago
8 0

Answer:

COGS= $130,000

Explanation:

Giving the following information:

A retail operation has an average gross margin of 35%.

Sales= $200,000.00

<u>To calculate the cost of goods sold, we need to use the following formula:</u>

Gross margin= sales - COGS

COGS= sales - gross margin

COGS= 200,000 - (200,000*0.35)

COGS= $130,000

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3 years ago
Can somebody help me find a pattern in these numbers?
Papessa [141]
1 and 5 would be the numbers
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Aggregate demand is everything produced while simple demand is one good. which statement reflects simple demand?
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8 0
2 years ago
You just received an offer in the mail to transfer your $5,000 balance from your current credit card, which charges an annual ra
NARA [144]

Answer:

number of payment is 3.05 payment

so correct option is b 3.05 payments

Explanation:

balance = $5000

annual rate r1 = 18.7 % = \frac{0.187}{12} = 0.01558

credit card charging r2 = 5.9% = \frac{0.059}{12} = 0.004917

payments P = $250  month

to find out

How many fewer payments will you have to make to pay off this debt if you transfer the balance to the new card

solution

we first find time t both rate by total balance formula that is

balance =  P * \frac{1-(1+r)^{-t}}{r}    ...........................1

here P is payment and t is time and r is rate

put here all value and find t for r1

balance =  P * \frac{1-(1+r)^{-t}}{r}  

5000 =  250 * \frac{1-(1+0.01558)^{-t}}{0.01558}

take log both side

log 0.6884 = log 1 - log(1+0.01558)^{t}    

t = 24.1519        .................2

and now put here all value and find t for r2

balance =  P * \frac{1-(1+r)^{-t}}{r}  

5000 =  250 * \frac{1-(1+0.00492)^{-t}}{0.00492}

take log both side

log 0.9016 = log 1 - log(1+0.00492)^{t}  

t = 21.1055         .....................3

so by equation 2 and 3

so no of payment will be 24.1519 - 21.1055

so number of payment is 3.05 payment

so correct option is b 3.05 payments

7 0
3 years ago
Assignment Content Potential risk factors are found in every project. Although individual projects have different risks, there a
svetoff [14.1K]

Answer and Explanation:

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a. Most of the projects are at risk from the budget. In which the organisation estimates the budget is inaccurate or less for the project.

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e. In the project health and safety is a common threat that each organisation or initiative has to face and make the threat a priority.

All those risks are normal, Since expense, technology, and manpower are important in any project period. That allows us to finish the tasks and how that affects other factors. It can represent a risk to the project.

There are plenty of risks in the project which are normal to some of them. Measuring all of those threats. We need to audit the project in a timely manner by analyzing the project situation and that we can also do a project performance management to evaluate all the project risks.

Understanding these risks can be a powerful and significant consideration for the company in the strategic preparation of the organisation.

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It should help the company overcome the problem as quickly as possible. That helps save the business time and costs.

5 0
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