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Sindrei [870]
3 years ago
10

Saira, Inc. has the following income statement (in millions): SAIRA, INC. Income Statement For the Year Ended December 31, 2017,

Net Sales $300 Cost of Goods Sold 180 Gross Profit 120 Operating Expenses 45 Net Income $75. Using vertical analysis, what percentage is assigned to Cost of Goods Sold?
Business
1 answer:
AysviL [449]3 years ago
5 0

Answer:

60%

Explanation:

To calculate the percentage assigned to cost of goods sold , we should use the formula:

=\frac{Cost Of Goods Sold}{Sales}

= \frac{180}{300}

= 0.60 = 60%

Therefore, the percentage assigned to Cost of goods sold is 60%

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The article contains a chart showing changes in worldwide sales of coffee from 2006 through 2016. The chart is​ labeled, "World
Natasha_Volkova [10]

Answer:

The correct answer is letter "C": the quantity of coffee sold can increase if the supply curve shifts to the right.

Explanation:

The demand theory establishes the relationship between the price of a good or service and the quantity demanded. If the price rises, the quantity demanded lowers -<em>the demand curve moves to the left</em>. If the price lowers, the quantity demanded rises -<em>the demand curve moves to the right</em>.

The supply theory states a direct interaction between the price of a good or service and the quantity supplied. It means if the price rises, the quantity supplied rises -<em>the supply curve moves to the right</em>. If the price lowers, the quantity supplied lowers -<em>the supply curve moves to the left</em>.

In this case, as the demand for the coffee has expanded, it could increase if the demand rises. If the demand rises there must be more supply of coffee which implies moving the supply curve to the right.

6 0
3 years ago
If a recent ad deterred you from buying the product, describe why. How would you change it? Share a link if you can (please be s
vredina [299]

Some reasons why an ad deterred a consumer from buying a product could be lack of information or jarring communication.

<h3 /><h3>How to build an effective ad?</h3>

It is essential that the marketing team develop a strategy to engage your potential consumer. For this, it is necessary to align the language and ideas contained in the ad to have the expected effect on the consumer, in addition to identifying the ideal channel for placement.

Therefore, publicity and advertising are essential to generate value for a brand and reach the consumer.

Find out more about advertising here:

brainly.com/question/1264922

#SPJ1

3 0
2 years ago
When Wisconsin Corporation was formed on January 1, the corporate charter provided for 100,000 share of $10 par value common sto
SOVA2 [1]

Answer:

Option (C) is correct.

Explanation:

The Journal entry is as follows:

Cash A/c (8,500 × $16) Dr. $136,000

      To  Common stock  $85,000          

       To Paid in Capital in Excess of Par $51,000

Workings:

Common stock:

= Shares of stock × Par value of stock

= 8,500 shares × $10

= $85,000

Paid in Capital in Excess of Par:

= 8,500 shares × ($16 - $10)

= 8,500 shares × $6

= $51,000

8 0
3 years ago
Lionworks Enterprises had the following inventory data:
Kamila [148]

Answer:

The correct answer is a. $654

Explanation:

In order to calculate LIFO, which means last in first out, you have to determine the cost of your most recent inventory and multiply it by the amount of inventory sold.

In this case, the sale that was made on July 7 include 10 units purchased on July 4 and 2 units from July 1 which was the beginning inventory.

The cost of goods for the July 7 sale=(10 units × $55) + (2 units× $52) = $654

3 0
3 years ago
A conflict of interest between the stockholders and management of a firm is called: a. stockholders' liability.b. corporate brea
skelet666 [1.2K]

Answer:

the agency problem                  

Explanation:

The issue with the organisation is a conflict of interest present in either partnership where each party is required to look after the interests of someone else. In management consulting, the issue with the corporation generally refers to a conflicts of interest among management of a business and shareholders of the organization.

The management, acting on behalf for stakeholders or executives, will take decisions that increase shareholder value wealth, although it is in the long term interests of the supervisor to maximize his personal riches.    

7 0
3 years ago
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