Answer:
34.285%
Explanation:
<u> Income Statement : </u>
<u>Particular Amount</u>
Sales $175,000
<u>Less: Cost of goods sold $115,000
</u>
<u>Gross profit $ 60,000
</u>
Gross profit Margin = [(Net Sales - cost of goods sold) / Net Sales]100
Gross profit Margin = [($175,000 - $115,000) / $175,000] 100
Gross profit Margin = [$60,000 / $175,000]100
Gross profit Margin = [0.34285]100
Gross profit Margin = 34.285%
Answer:
Laissez-faire or Free rein leadership
Explanation:
The type of leadership represented in the work environment is that of the laissez-faire one. Laissez-faire or Free rein leadership is the type that avoids power and responsibility. Decision making responsibility are passed on to sub-ordinates with minimal supervision for they believes one is capable of establishing ones goals and work out problems on your own.
From the question, it is observed there is least amount of oversight from my supervisor, he plays a minor role in determining the outcome of things as he believes in my capabilities, trusts me to know what to do and as well expect me to put in efforts in meeting my own set goals and achieve maximum and satisfactory results in delivering effectively by collaborating with coworkers to complete the group projects.
If a country has the capacity to produce 3 million cars and 100 million tons of ion ore, but is only able to produce 2 million cars and 75 million tones of ire one, the country is underutilizing it's natural resources and productivity.
In business terms, the country has the capacity to produce over 1 million more cars and 25 million tones of more iron ore. The country is losing out on billions of dollars of revenue.
Answer:
The financial advantage (disadvantage) from further processing is $0.40.
Explanation:
Compute the financial advantage (disadvantage) of further processing of T-bone into filet mignon and New York cut steaks using the equation as shown below:
Financial advantage = Total sales from further processing −
Sale revenue lost of one T−bone − Cost of further processing
=$8.90−$7.95−$0.55
=$0.40
<h3>
Hence, the financial advantage (disadvantage) of further processing of T-bone into filet mignon and New York cut steaks is $0.40.
</h3>
Working Notes:
Compute the total sales from further processing using the equation as shown below:
Sales from further processing = One Fileted Mignon + New York Cut
=$4.50+$4.40
=$8.90
Hence, the total sale from further processing is $8.90.
Compute the Sales revenue from one fileted mignon after further processing using the equation as shown below:
One Fileted Migon = (Selling price per filet mignon×Yeild per ounce / Size of one T−bone steak
)
= $12×6 ounce / 16 ounce
=$4.50
Hence, the sales revenue from one fileted mignon after further processing is $4.50.
Compute the Sales revenue from one New York cut after further processing using the equation as shown below:
New York cut = (Selling price per New York cut × Yeild per ounce / Size of one T−bone steak
)
= $8.8×8ounce / 16 ounce
=$4.40
Answer:
At the point when you apply for credit, banks evaluate your credit risk in view of various elements, including your credit/instalment history, pay, and by and large monetary circumstance. Here is extra data to assist with making sense of these elements, otherwise called the "5 Cs", to assist you with a better comprehension of what loan specialists search for:
Record of loan repayment
Limit
Guarantee (while applying for got credits)
Capital
Conditions
The bank chief will see a wide range of resources for bringing down the gamble the bank will assume while conceding the credit. This security can comprise a few things, including the hardware you intend to buy or have close by, existing stock, or even private resources like a home.
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