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mihalych1998 [28]
3 years ago
8

The following data is from the income statement of Ralston Company: Revenue$36,000 Cost of goods sold (14,400) Operating expense

s (16,000) Net income$5,600 What is the company's gross margin percentage
Business
1 answer:
nexus9112 [7]3 years ago
5 0

Answer:

60%

Explanation:

Gross Margin Percentage =

[(Total Revenue - Cost of Goods Sold) / Total Revenue] x 100

Therefore, when the figures are substituted into the formula, we obtain:

[(36000-14400) / 36000] x 100 = 60%

In other words, gross margin is basically Gross Profit / Total Revenue expresses as a percentage.

Gross profit is a monetary value whilst gross margin is a percentage value. Both help to determine the amount available to be used to pay off other expenses such electricity, labour and rent. After which the net profit can be obtained.

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Gravel would most likely exist in the ________ of a river.
svet-max [94.6K]
Hello!

Gravel would most likely exist in the bed load of a river.

Gravel is a term that refers to rocks with sizes in the range of 2-64 millimeters. They can be formed from artificial means or by natural ones. River Gravel is formed by a natural process in which rocks move in the bedside of a river and the movement gradually polishes and rounds them by weathering the edges of the rock. The resulting rock from this process is commonly called Creek Rock. 

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3 years ago
Matthew Liotine‘s Dream Store sells beds and assorted supplies. His best-selling bed has an annual demand of 400 units.Ordering
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Answer:

The optimal order quantity is 6

Explanation:

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3 years ago
What impact are macroenvironmental factors likely to have on the level of student enrollments at colleges and universities over
motikmotik

Answer:

Macro environmental factors likely to affect student enrollments at colleges and universities over the next decade includes sociocultural, economic, political and legal factors.

Explanation:

Macro environmental factors are very much external to student enrollments at colleges and universities over the next decade; however, they form an integral factor.

Sociocultural factors, such as the societal perception, and cultural systems, forms a vital role on the level of student enrollments  at colleges and universities over the next decade?.

4 0
3 years ago
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g The length of time a firm must wait to recoup, in present value terms, the money it has invested in a project is referred to a
Lorico [155]

payback period is the length of time a firm must wait so as to recover the money it has invested in a project.

Payback period is the length of time it takes a company to recover the money spent on a project.

The payback period can also defined as the period taken for an investor to reach break even. That is it is the period taken for the revenue to equal to the cost of executing a project.

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3 years ago
Why the economy sees business cycle fluctuations rather than slow, smooth growth is a central issue of ______.
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The required details for Economic shocks in given paragraph

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Economic shocks may be labeled with the aid of using the financial area that they originate from or with the aid of using whether or not they mainly affect both deliver or demand. Because markets are connected, the outcomes of shocks can pass via the financial system to many markets and feature a main macroeconomic effect, for higher or worse.

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1 year ago
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