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kumpel [21]
3 years ago
13

Because of his business's recent success, Sam has decided to expand his Sam's Swimming Pool Cleaning to include another branch.

This will add expenses for another office and payroll for five more employees, but Sam's customer base will stay the same, at least for a while. Until Sam's new branch starts bringing in new customers, how will this change affect Sam's gross profit margin?
Business
2 answers:
Ainat [17]3 years ago
7 0

Answer:

A ON E2020

Explanation:

a.

An added expense of a new branch has nothing to do with Sam's gross profit margin.

ivann1987 [24]3 years ago
6 0

Answer: initially Sam gross profit would drop. But overtime when he starts gaining customers in his new branch added to the already existing customers in his old branch there would a very large gross profit increase.

Explanation: Gross profit is the percentage of revenue a company retains after accounting for cost of goods/services.

In this case payment of staffs in both the old and new branches would be accounted for, with the new branch still very much dependent on the old branch for payment of staff until it can get its own customers, only then would the new branch be able to be self reliant and also make profit.

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John is an employee at a car manufacturer. today he has come into work to find that production has stopped because the governmen
Trava [24]

John most likely lives in a<u> "planned economy".</u>


A planned economy is a sort of financial framework where venture and the assignment of capital merchandise happen as per vast monetary and creation designs. A planned economy may utilize brought together, decentralized or participatory types of financial planning. A planned economy is a monetary framework in which the administration controls and manages generation, dispersion, costs, etc.

5 0
3 years ago
Farm subsidies account for approximately ________ of net agricultural income, making America's farmers among the most heavily su
Ronch [10]

Answer:

One fifth

Explanation:

Farm subsidies account for approximately <u>one fifth</u> of net agricultural income, making America's farmers among the most heavily subsidized in the world.

American governement provide subsidy to the farmer to incourage farming in United States and help them to hedge the risk out of demand disruption, price fluctuation, climatic changes, etc. In 2019, US governement payout $22 billion subsidy directly to the farmer, which make it highest subsidized farmer in the world. It has encouraged farmer to produce more crops like Corns, Wheat, rice, soyabean, cotton, etc. As new farm bill was passed at US parliament in 2014, however, higher subsidy process have become more complex, which is benefiting only to the rich farmers in United states.

3 0
3 years ago
e Arlington Motor Pool Internal Service Fund had the following transactions and events during January 2018. Using the "Additiona
Akimi4 [234]

Answer:

Journal Entries

1) Debit Salaries Expense $6,667 Credit Bank $6,667

2) Debit Fuel and Maintenance expense $600, Credit Bank $600

3) Debit Depreciation Expense $amount Credit Accumulated depreciation $amount

4) Debit Insurance Expense $amount Credit Bank $amount

5) Debit Benefit Expense $amount Credit Accrued Benefit Expense $amount

6) Debit Accounts Receivable ( total of all trips) $amount Credit Service Revenue $amount

Explanation:

The Question is incomplete but i will do the typical journal entries to the transactions without figures.

1) The salaries are for one month and in brackets there is a $80,000*1/12 calculation meaning the $80,000 is for the year, now if it was already recorded then we debit salaries payable $6,667 credit bank $6,667

4) Insurance expense is debited if it is paid as it is incurred but if it has an Prepaid insurance account then we credit the Prepaid insurance account instead of Bank.

4 0
3 years ago
When a dividend is not declared on preferred stock, and the common share­holders cannot receive a dividend until all past and cu
Lady_Fox [76]

Answer:

cumulative.

Explanation:

Cumulative preferred stock is defined as a type of stock that states that if any dividend payments have been missed the first payment of the owed dividends must be done to cumulative preferred shareholders in first instance

4 0
3 years ago
At Smartech, a company dealing in software products, employees often complain about the lack of clarity regarding the tasks they
Yuliya22 [10]

Answer:

(B) Analysis and design of work

Explanation:

HR functions , to resolve some problems like ,

  • Recruiting the Right People for the Right Job profile
  • Maintaining a Safe and healthy Environment
  • Compensation and Benefits
  • Employer-Employee Relations
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Along with , listening to the complains and resolving them ,

As in this case , due to lack of clarity of the plan and resolving the conflicts at the work place .

5 0
2 years ago
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