Answer:
100,000
Explanation:
Given that
Approximately frauds = $10 million
Profit margin = 10%
And the sale value of the product per unit = $1,000
So by considering the above information, the additional units is
= Approximately frauds × Profit margin
= $10 million × 10%
= 100,000
So by multiplying the approximate frauds with the profit margin we can get the additional units
Answer:
The correct answer is $6934.48.
Explanation:
According to the scenario, the given data are as follows:
Time period ( 41 - 64 years) (n)= 24 years
Rate of interest (r) = 8%
Future value (FV) = $500,000
Annual deposit amount = P
So, we can calculate the annual deposit amount by using following formula:
FV = P × (1+r) × [{ (1+r)^n - 1} ÷ r]
By putting the value, we get
$500,000 = P × ( 1 + 0.08) [{ (1+0.08)^24 - 1} ÷ 0.08]
$500,000 = P × ( 1.08) [{ (1.08)^24 - 1} ÷ 0.08]
$500,000 = P × ( 1.08) [{ 6.34118073724 - 1} ÷ 0.08]
$500,000 = P (72.1035)
P = $500,000 ÷ 72.1035
P = 6934.48
The gross margin percentage is 12.5%.
Gross income is revenue much less the charges of products bought. Gross profit and gross margin are on occasion used interchangeably. in the meantime, gross margin and gross profit margin also are used interchangeably, Gross profit margin takes the gross income (sales much less value of goods bought) and divides it via sales.
Gross margin is revenue minus the price of goods bought (COGS). Gross margin is now and again used to refer to gross income margin, that's revenue minus price of goods bought (or gross income) divided by means of revenue.
Gross margin equates to internet sales minus the fee of products offered. The gross margin indicates the amount of profit made earlier than deducting promoting, standard, and administrative (SG&A) fees. Gross margin can also be called gross profit margin, that's gross profit divided via net sales.
Farside's sales = (Sales of Carlita * 2) = $120,000*2 = $240,000.
Farside's gross margin percentage
= (Gross margin / Sales) * 100
= ($30,000 / $240,000) * 100
= 12.5%
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Answer:
$1,080,000 asset
Explanation:
Net deferred income taxes = Unused plant facilities disposed * Tax rate = $3,600,000 * 30% = $1,080,000 asset
Therefore, $1,080,000 should be reported as net deferred income taxes on Krause's balance sheet at December 31, 2018.