Answer:
As a percentage of sales, Caterpillar’s gross profit decreased during 2016.
Explanation:
Gross profit is the net of Sales amount and cost of goods sold for the year. Gross profit is the profit earned from the activities of the business before incorporation of operating expenses.
2016 2015
Sales $38,537 $47,011
Less: Cost of goods sold <u>$28,309</u> <u>$33,546</u>
Gross Profit <u>$10,228</u> <u>$13,465</u>
GP as percentage of sale 26.54% 28.64%
Working
GP 2016 = ( $10,228 / $38,537 ) x 100 = 26.54%
GP 2015 = ( $13,165 / $47,011 ) x 100 = 28.64%
The correct answer is d). We have that government spending can also give way to products and services, just like private enterprises, thus there is no double-counting there. Services such as haircuts have their own value, which are separate from any other material products. Finally exports are also not counted twice; Raw materials though would be counted twice if we counted them for the GDP since their value is incorporated in the value of the final product. For example, we cannot count towards the GDP the value of rubber production in a country since then, if we counted the value of the tires too, we would count the value of the rubber in the tires twice (one time as rubber/ one time as part of the tire).
Answer:
The options for this question are the following:
A. current reality assessment
B. establish the mission
C. prepare values statement
D. maintain strategic control
The correct answer is A. current reality assessment
.
Explanation:
The current evaluation has been designed to evaluate competencies. In the new trends, two support centers can be found: one, focused on the critical review of education sciences in particular and social sciences in general and the other, more pragmatic, derived from the new challenges introduced by the progress dizzying of science and technology.
The traditional evaluation procedure responds to content-based education. It is based on forms of institutionalized obedience and tends to lead the educational process to the school routine and the use of coercive measures, thus impeding the search for critical and creative thinking.
Total cost is $122 (variable cost+fixed costs)
Marginal cost is $2. This is the cost of producing each additional unit of a good. 10/$20= $2 per unit and 11/$22= $2/unit so the cost of each additional unit is $2.