1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
xxTIMURxx [149]
3 years ago
11

A company's gross profit was $118,350 and its net sales were $466,300. its gross margin ratio equals:

Business
1 answer:
ladessa [460]3 years ago
3 0

The gross margin ratio is a percentage resulting from dividing the amount of a company's gross profit by the amount of its net sales. In this case it would be 118,350/466,300 = 25.38%

You might be interested in
What do you understand by Ranger?​
NeX [460]

Answer:

A ranger is a person who takes care of a park or piece of land.  

Explanation:

Is there a story or reading that you would like to request support with that concerns the word Ranger?

6 0
2 years ago
A 12-ounce beer with an alcohol content of 5% would have a proof of __________ .
Vera_Pavlovna [14]
Alcohol proof is a measure how much of alcohol ( or ethanol ) is contained in a beer ( same as wine, whiskey, etc ). In the US, alcoholic proof is defined as twice the percentage ( in the UK percentage times 1.75 ).Therefore:  5 * 2 = 10  ( or:  5 * 1.75 = 8.75 ).Answer: It would have a proof of 10. 

3 0
3 years ago
Solution Enterprises incurred $828,000 of fixed overhead during the period. During that same period, the company applied $845,00
Wewaii [24]

Answer:

Budgeted fixed overhead= $787,000

Explanation:

Budget variance = Actual overhead-budgeted overhead

-41000 = 828000-X

X = 787000

So answer is $787000

5 0
3 years ago
The purpose on<br> objectives<br> Of competition policy<br> in South Africa.
Afina-wow [57]

Explanation: !!!

Der Onkel meines Vaters ist Hitler und saugt gerne an kahlen Köpfen zum Abendessen. Er liebt auch Kniescheiben zum Mittagessen. Er liest auch seinen Namaz

6 0
2 years ago
A 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provi
pickupchik [31]

Complete Question:

A 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provide income. Which is the BEST recommendation?

Group of answer choices.

A. Mid-cap common stock

B. Municipal bond

C. Bank CD

D. Treasure STRIPS

Answer:

C. Bank CD

Explanation:

In this scenario, a 60-year old retiree is in a very low tax bracket. He has a low risk tolerance and wishes to make an investment that will provide income. A Bank certificate of deposit (CD) is the best recommendation.

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

<em>Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.</em>

4 0
3 years ago
Other questions:
  • Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly ea
    14·2 answers
  • During May, Camino Corp. purchased direct materials for 4,400 units at a total cost of $63,800. Camino’s standard direct materia
    13·1 answer
  • Which is most likely to be a long run adjustment or a firm that manufactures golf carts on an assembly line basis?
    5·1 answer
  • Drew contracts to sell a house to Evan. The contract provides that if Drew does not sell the house by February 10, he must pay E
    5·1 answer
  • Asset management ratios Asset management ratios are used to measure how effectively a firm manages its assets, by relating the a
    8·1 answer
  • On January 1, a company issued a $50,000 face value, 8% five-year bond for $46,139 that will yield 10%. Interest is payable on J
    9·1 answer
  • How does consumer spending stimulate economic growth? Consumer spending pays funds directly into households. Consumer spending i
    10·1 answer
  • True/False
    13·1 answer
  • You work in the economic-development department of your city. The mayor asks you to conduct an analysis of a plan to increase pa
    14·1 answer
  • Since 2009, the Age Discrimination in Employment Act: Multiple choice question. has been broadened to include those from 15-40 r
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!