The FTC is empowered to enforce rules of trade regulation that define unfair or deceptive actions or practices in great detail and to report to and advise Congress on legislative matters related to the economy. This is further explained below.
<h3>What is the federal trade commission?</h3>
Generally, The Federal Trade Commission (FTC) is a non-departmental executive body of the United States government charged with protecting consumers and enforcing federal antitrust laws.
In conclusion, The FTC is empowered to enforce laws of trade regulation that define unfair or deceptive actions or practices in great detail, and it may also report to Congress on economic matters and provide policy suggestions.
Read more about the federal trade commission
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washing your hands would for sure be a habit you should follow to avoid illnesses and infections.
The Sarbanes-Oxley Act of 2002 was used to curb accounting fraud by improving financial disclosure of corporations, and checking and fixing frauds if they were found.
hope this helps
Answer:
$2,266,123.60
Explanation:
As it is given
Return on sales = Net income ÷ Sales
3.56% = $110,000 ÷ Sales
So, the sales is $3,089,887.64
Now the Gross Profit percentage is
Gross Profit percentage = Gross profit ÷ Sales
26.66% = Gross profit ÷ $3,089,887.64
So, the gross profit
= $823,764.044
Now the cost of goods sold is
= Sales - gross profit
= $3,089,887.64 - $823,764.044
= $2,266,123.60
When a company expands by entering a new business area, it is called growth through diversification.
Diversity is the means of being different, new, exciting.. something not like another. When a business enters something new, it's called diversification because it's not like what they've done before. With this comes risk but huge growth potential.
