Answer: it would be about one fourth
Explanation:
Answer:
57.8$
Explanation:
Here we know that:
- One trip to work averages 14 miles
- Therefore, one return trip home-work averages 14*2=28 miles
- You work 20 days per month
So, the average number of miles per month is:
Then, we also know that the car averages 28 miles per gallon; this means that the number of gallons consumed on average in 1 month is equal to the average number of miles (560) divided by 28:
So, 20 gallons per month.
Finally, we know that the cost of the gas is 2.89$/gallon. Therefore, the average total cost per month is equal to the average number of gallons per month (20) times the cost per gallon:
Answer:
The effective rate of protection for Canada’s steel industry is 21%
Explanation:
The computation of the effective rate is shown below:
Steel percentage = (Production worth of steel) ÷ (Taconite worth)
= ($1,000,000) ÷ ($100,000)
= 10%
And the tariff rate for steel is 20%
And the taconite percentage is 10%
So, the effective rate would be equal to
= Tariff rate for steel + taconite percentage × steel percentage
= 20% + 10% × 10%
= 20% + 1%
= 21%
Increase in contribution margin = P 183,750×45.9% = P84,341.25.
Gross margin and gross margin both consider the profitability of businesses of all sizes. The difference between them is that gross margin compares profits and sales in dollars, whereas gross margin compares costs and sales. To calculate profit margin, start with gross profit, which is the difference between sales and COGS. Then find the percentage of sales that equals the gross profit.
Margin is the down payment you make for the total cost of your home. Lenders will only finance up to 75-90% of the total cost of the property, leaving the rest as margin. Lenders see this upfront payment as a sign of commitment, and large payments reduce lending risk.
Learn more about margin at
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