The
gross margin ratio is also known as the gross profit margin or the gross profit
percentage.<span>
The gross margin ratio is computed by dividing the
company's gross profit dollars by its net sales dollars.</span>
swim department net sales--------------------- $1,150,000
cost of goods sold<span> -------------------------------- $638,400</span>
This means its gross profit is $511,600 (net sales of $1,150,000
minus its cost of goods sold of $638,400) and its gross margin ratio is 44%
(gross profit of $511,600 divided by net
sales of $1,150,000).
Answer:
Timing Risk
Explanation:
Timing risk is a type of investment risks that a trade will not be performed at the best market price.
Answer:
The principle in Law 'Nemo dat quod non habet' states that an individual connot give what he does not have
Indeed Tom can rescind the contract with Matthew as he possesses voidable title to the balls
Explanation:
Until consideration has moved from Matthew to Tom the validity of the agreement/Contract remains inconclusive.
Considering his Account is not funded means he has no valid title to the Balls, he is merely in possession of the Balls but not the Owner.
Tom can sue demanding a return of the Balls irrespective of Matthew having sold them to Aaron.
Another illustration could be given of a thief who sells off a property. Inspite of the Buyer being unaware, because the thief has a voidable title it makes the transaction invalid.
Answer:
Frictional unemployment. This is unemployment caused by the time people take to move between jobs, e.g. graduates or people changing jobs. ...
Structural unemployment
Explanation:
Answer:
A. credit card
Explanation:
A credit card is a card issued by a bank to its customer which allows the credit card holder to borrow money from the bank.
A maximum amount that can be borrowed through the credit card is known as the credit limit of the card.
The bank provided certain interest free period to the credit card holder to return the amount borrowed and charges an interest on the amount due.
