Answer:
The correct answer is $4.14 millions
Explanation:
The term profit margin represents what percentage of sales has turned into profits.
For example:
if the company reports that it achieved a 10% profit margin, it means that it had a net income of $0.10 for each dollar of sales generated.
"A company is a victim of a $414 million fraud"
$414 million x 10%= $4.14 millions
$4.14 million in additional revenue should the company generate in order to recover the effect on net income.
<u>Explanation:</u>
When the wages of the laborers increase the cost to the company increases so the company tries reduce the in take of the labors. When the intake is reduced the demand for the labor falls down. When there is a low demand then the demand curve will shift to left in the graph.
When the wages are low then the firms would intake many employees as labor is cheap in the market. This would increase the demand for labor and the demand curve would shift to right.
Answer: A) several substitutes; necessity; loyal Coca-Cola customers
Explanation:
SEVERAL SUBSTITUTES
Substitute goods are goods that are similar and so can be used in place of the other. Generally when the price of a good with a substitute increases, people switch to their substitutes if their price remain the same. The demand for vanilla coke dropped when it's prices rose signifying that people switched to the substitutes.
NECESSITY GOODS
These are also known as normal goods and increase in relation to income. That is if income increases, they increase as well but at a lower rate. Since we are assuming that the income of coke loyalists did not change but rather the prices rose and the demand reduced at a rate less than the increase in price we can safely assume that vanilla coke is a necessary good to Coca-Cola loyalists.
LOYAL COCA-COLA CUSTOMERS
Because the reduction in demand for Vanilla coke amongst Coca-Cola loyalists is less than the increase in price as opposed to the general public where the reduction in demand is more than the increase in price, we can say that an increase in total revenue is only coming from the loyal coke customers.
Answer:
Quality modification
Explanation:
Quality modifications can be defined as changes that relate to a product's quality in terms of dependability and durability and are mostly executed by changes in the raw materials or production process and techniques.
Answer:
The earnings per share for 2019 is $1.78
Explanation:
The computation of the earning per share is shown below:
Earning per share = (Net income) ÷ (weighted number of outstanding shares)
where,
Net income = $330,000
Weighted number of outstanding shares = (Beginning balance of common stock + ending balance of common stock) ÷ 2
= (160,000 shares + 210,000 shares) ÷ 2
= 185,000 shares
Now put these values to the above formula
So, the value would equal to
= $330,000 ÷ 185,000 shares
= $1.78 per share
