Answer:
<em>Year 2023 2022 2021</em>
<em>Net income/sales ratio 13.8% 8.5% 8.3%</em>
Explanation: The net income to sales ratio is computed as net income divided by sales multiplied by 100
<em>Year 2023 2022 2021</em>
% % %
Sales revenue 100 100 100
Less cost of goods sold (<u>60.6) (62.9) (63.7)</u>
Gross profit <em> 39.4 37.1 36.3</em>
Less Operating expenses <u>(25.6) (28.6 (28)</u>
Net Income <u> 13.8 8.5 8.3</u>
Net income to sales = (Net income / sales) × 100
= 13.8/100 8.5/100 8.3/100
<em>Net income/sales 13.8% 8.5% 8.3%</em>
Although Darius I presented a gold daric weighing 8.42 gm, which shaped the basis for the Achaemenid monetary system, as well as the silver shekel with a weight of 5.6 gm., these coins were little used external Asia Minor. In Persia itself coins were not in movement. Workmen in the salary of the royal sector, and even the highest officials, were compensated their salaries in unminted silver and products in kind. Such exercise is also showed to in documents from Babylonia and Egypt of the Achaemenid period. In common, the Persians used coins for marketable exchange with the Greeks along the borders of the state and for payment to salaried mercenaries, especially in Asia Minor. In countries situated beyond the Mediterranean (e.g., Babylonia), internal trade payments were made in ingots of silver. When coins came into circulation, they were also accepted by weight as unminted metal. Also, it helped a lot with taxes and banking. Croesus created this system. This made their economy a lot better than others.
Answer: $2,310
Explanation:Discount points are fees mortgage borrowers can purchase that lowers the amount of interest they have to pay on subsequent payments. Each discount point generally costs 1% of the total loan amount.
From the question, the loan amount is $77,000, discount points are 1% of $77,000 =$770.
Lender charged 3 discount points
= $770 * 3= $2,310
The above statement is wrong.
Buyers will opt out of markets in which: THERE IS INADEQUATE INFORMATION ABOUT SELLERS AND THEIR PRODUCTS.
Being a buyer, one does not buy the first item he or she finds right away. Buying something requires research before reaching a final decision. The goods to be bought must be of high quality, from a reputable seller, and is worth its price. Thus, any item that has dubious details will serve as a red flag to the buyer not to buy the product.
The answer is True. Public utilities do not exhibit the primary
characteristics of a perfectly competitive market. Monopoly is the type of market
structure for public utilities like gas and electricity since it only has one producer
and many consumers. As a result, the frequency of buyers does not change the
price of products and services.