Answer:
The cost price was increased by 33.33 % to provide this profit
Explanation:
Given:
Cost price = $3
Selling price = $4
Gross profit = $1
To Find:
Profit percentage =?
Solution:
Profit Formula calculates the net gains or losses incurred by subtracting total expenses from total sales.
Now profit = 4 - 3 = 1
Now the profit percentage can be found by
=
=
=
= 33.33%
Answer:
False
Explanation:
The present value of money concepts show that money changes in value with time(tume value of money). Therefore the present value of money today is the discounted value of future cash flows or "series" of cash flows. This shows that money decreases value with time and the present value of money today is not "equivalent" or greater than money in the future as a result of inflation or some annual rate of return not utilized.
Answer:
Federal governments
Explanation: There has to be balance of power between Federal and state so that their will be equality in the exercise of their duties towards the populace .
It is more significant because the federal and state laws are important in the day to day affairs of the Populace, economy, investors and the government as a whole so that everyone should be aware of the laws that govern whatever business, jobs or investment they want to participate in with someone else.
Answer: 1, 2, and 3.
Explanation:
Re-establishing Chinese rule after the defeat of the Mongols, the Ming dynasty took an isolationist and authoritarian approach to leadership. Thanks to the dynasty's fear of foreign invasion, the Great Wall was significantly lengthened and Beijing's famous Forbidden City built under direction of the Ming.