Answer:
13.01%
Explanation:
Gross Margin Ratio = 
Gross Margin Ratio = 
Gross Margin Ratio = 
Gross Margin Ratio = 13.01%
Gross Profit Margin is represented as (Percentage) %. Now, the Gross profit margin is really worth investigating. It not only helps when comparing Gross Profit Margin with competitors but is also helpful in investigating and comparing previous year's Gross Profit Margin. If the Gross Profit Margin fallen there could be number of reasons for this, one might be the cost of goods sold has gone up. On contrary, on the other hand the increase in Gross Profit Margin might be because of increase in selling prices.
Answer:
In this scenario, <u>LISA</u> has both an absolute advantage in food preparation, and <u>LISA</u> has a comparative advantage in food preparation.
Assume that initially, Sam and Lisa are splitting both tasks for a large number of events. Then they decide to start shifting some work according to the principle of comparative advantage. In particular, the person with the comparative advantage in food preparation will take over preparing food for one more event, and the other person will use the freed-up time to get more clients. As a result, the total number of events for which food is prepared will remain unchanged, but the number of new clients will increase by <u>1</u>.
Before they were getting 3 new customers since Sam got 2 and Lisa 1, but since Sam will only look for clients, then the total number of clients will be 4 (or 1 more).
Explanation:
It takes Sam 12 hours to prepare the food for an event and 3 hours of effort to get each new client.
- Sam's opportunity cost of preparing food = 12/3 = 4 new clients
- Sam's opportunity cost of getting new clients = 3/12 = 0.25 of food preparation
For Lisa, it takes 10 hours to prepare food for an event and 5 hours to get a new client.
- Lisa's opportunity cost of preparing food = 10/5 = 2 new clients
- Lisa's opportunity cost of getting new clients = 5/10 = 0.5 of food preparation
An electric vehicle that offers a new, longer-lasting battery at the existing prices is an example of a company focusing on customer value.
In sales, commerce, and economics, a patron is the recipient of a great, provider, product or concept - received from a supplier, dealer, or supplier through a monetary transaction or trade for money or some different treasured consideration.
A customer is a person or business that purchases some other corporation's goods or services. customers are important because they pressure sales; without them, groups can not continue to exist.
An instance of a customer is someone who is going to an electronics shop and buying a tv. (informal) someone, especially one engaging in some kind of interaction with others.
Learn more about customer here:brainly.com/question/380037
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Answer:
is a medium of exchange but not a unit of account
Answer:
Beginning retained earnings = $1816000
so correct option is C) $1,816,000
Explanation:
given data
retained earning = $2,184,000
issued stock = $98,000
paid dividends = $34,000
Net income = $402,000
to find out
retained earnings balance
solution
we know that Ending retained earnings equation is
Beginning retained earnings + Net income - Dividends = Ending retained earnings
put here value we get
Beginning retained earnings
so
Beginning retained earnings + $402,000 - $34,000 = $2,184,000
Beginning retained earnings = $1816000
so correct option is C) $1,816,000