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3 years ago

To generate higher profit margins, producers must work to

Business

2 answers:

Aleksandr-060686 [28]3 years ago

5 0

Answer:decrease their production cost

Explanation:because decreasing their costs would mean they will use less money on their product and people will buy it more often

dusya [7]3 years ago

4 0

Answer:

Decrease their production costs.

Explanation:

Profit margin is the ratio of gross profit to net sales expressed as a percentage. This measures how an entity is able to control its cost and can be used as inter-corporation comparison for entities in the same industry .

The cost of goods sold is subtracted from the net sales to obtain gross profit. The gross profit is in turn divided by the net sales and expressed as a percentage to obtain the profit margin.

When the cost of production is reduced or decreased, the gross profit which form the numerator of the profit margin fraction will increase and with an increase in the numerator the profit margin will go up, all things being equal.

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Kiley Electronics is considering a project that has the following cash flow data. What is the project's IRR? Note that a project

lisov135 [29]

Answer:

d. 13.31%

Explanation:

IRR is the rate at which NPV = 0

IRR 13.31%

Year 0 1 2 3

Cash flow stream -1100.000 450.000 470.000 490.000

Discounting factor 1.000 1.133 1.284 1.455

Discounted cash flows project -1100.000 397.136 366.060 336.804

NPV = Sum of discounted cash flows

NPV Project = 0.000

Where

Discounting factor = (1 + discount rate)^(Corresponding period in years)

Discounted Cashflow = Cash flow stream/discounting factor

IRR = 13.31%

Therefore, The project's IRR is 13.31%

5 0

3 years ago

At year-end (December 31), Chan Company estimates its bad debts as 0.30% of its annual credit sales of $673,000. Chan records it

Rudiy27

Answer:

bad debt expense 2,019 debit

allowance for uncollectible amount 2,019 credit

--to record estimated bad debt expense--

allowance for uncollectible amount 337 debit

accounts receivables 337 credit

--to record write-off of P.Park Account--

accounts receivables 337 debit

allowance for uncollectible amount 337 credit

--to reverse write-off of P-Park account--

cash 337 debit

accounts receivables 337 credit

--to record collection of P-Park account--

Explanation:

bad debt expense 673,000 x 0.30% = 2,019‬

The write off decreases both, the allowance and accounts receivables

As Park pay up his old debt, the entry is reversed. Then we record the collection as normal.

6 0

3 years ago

Irving spent the day shopping and made the following purchases: Item Cost ($) Novel 8.75 Shirt 21.66 Lunch 9.13 Potted plant 16.

yan [13]

Answer:

The answer is: $151.49

Explanation:

To determine how much money did Irvine have at the beginning of the day we just add all his expenses to his account balance at the end of the day:

= $95.06 + $8.75 (novel) + $21.66 (shirt) + $9.13 (lunch) + $16.89 (potted plant)

= $151.49 was the amount of money Irvine had at the beginning of the day.

8 0

3 years ago

Read 2 more answers

scoundrel [369]

Answer:

$85

Explanation:

Calculation for what the inventory of surgical supplies would be valued at

Net realizable value = $100 - $15

Net realizable value = $85

Therefore based on the above calculation the inventory of surgical supplies would be valued at $85

8 0

3 years ago

The movement and storage of materials into a firm refers to:

Alexus [3.1K]

The movement of storage of materials into a firm is material management. This is a technique that concerns itself with organizing, planning, and controlling how and what materials flow from the time they are originally purchased until they reach their destination.

4 0

3 years ago