Answer:
profit margin is 16.0 %
gross profit rate is 39.6 %
Explanation:
given data
net sales = $248,700
cost of goods sold = $146,900
operating expenses = $58,000
net income = $39,900
beginning total assets = $473,900
ending total assets of $635,400
to find out
profit margin and gross profit rate
solution
we will apply here profit margin formula that is
profit margin = 
..............1
put here value
profit margin = 
profit margin = 16.04 = 16.0 %
and
gross profit rate formula is
gross profit rate = 
..............2
put here value
gross profit rate = 
gross profit rate is 39.72 = 39.6 %
Answer:
Option A Stars
Explanation:
The reason is tha according to Boston Consulting Models the Business Units that possess high growth potential and this has been proven by capturing the market share with a good market share growth is Star. The business units like Star are the key to success and the businesses which possesses such business units must invest on it to expand its operation and further increase its market share to be a leader in the market.
Answer:
Balance sheet.
Explanation:
Options B, C, D are wrong because income statement, retained earnings statement, and statement of cash flows is prepared for a specific period. For example, an accounting year or a fiscal year. As a company is operating throughout the year, it can generate income, expenses, and dividends.
On the other hand, assets and liabilities are valued on a specific date. Therefore, option A (balance sheet) is correct.
Answer:In human resource planning, forecasting is an intermediary step
Explanation:
FALSE
The process of human resource planning consists of three stages: forecasting, goal setting and strategic planning, and program implementation and evaluation. The first step in human resource planning is forecasting
Answer:
3,300 deer
Explanation:
Total funds available to meet the entire cost of capturing stray deer = $48,000
This represents the total funds available as the Bruno & Court is a non profit organisation, it needs funding and as provided in the given case total funds available are $48,000 through local philanthropy.
Associated fixed cost in this activity = $15,000
Thus, maximum variable cost shall be = $48,000 - $15,000
= $33,000
Variable cost per deer = $10
Total number of deer to be captured = $33,000/$10 = 3,300 deer
