Answer:
Profit margin = net profit / total sales = $78 / $5,200 = 1.5%
Asset turnover = total sales / average total assets = $5,200 / ($2,990 + $3,510) = 1.6
Return on assets = net income / average total assets = $78 / $3,250 = 2.4%
Return on common stockholders’ equity = net income / average stockholders' equity = $78 / ($992 + $1,031) = 7.71%
Gross profit rate = gross profit / total sales = $1,716 / $5,200 = 33%
<span>Economic growth is an increase amount of services or/ and goods produced by head of population over a period of time</span>
Answer:
An increase in the price of one substitute good causes a decrease in supply for the other.
Explanation:
I just took a test on this subject last week :)
Answer:
D. contain multiple overlapping command structures, in which all employees report to three or more managers.
Explanation: Matrix structure is a type of organisational structure used by some companies to accomplish some projects where juniors/subordinates engaged in the project will have to report to two bosses like the process owner and the project manager,in matrix their is an interlinked reporting pattern where a particular subordinate reports two or more bosses.
the main disadvantage of this structure is the problem of authority where subordinates may not be able to know who and how to report some issues.
Answer:
True
Explanation:
The relationship between Larry and Happy Homes, Inc. has to be a written agreement. This is because the agreement is a contract between both Larry and Happy Homes Inc. involving the sale of his house which he has given Happy Homes the right to find a buyer for.
So when Happy Homes, Inc. find a buyer, Larry will be notified and the processes will take place as stated in the contract between Larry and Happy Homes, Inc.
cheers.
