Make a cost-of-sales estimate. COGS. Determine how much money you make from selling the products. To calculate gross profit, deduct the cost of items from revenue.
Divide the result by revenue now. To calculate gross profit as a percentage, multiply it by 100. Gross profit is a metric reflecting how effectively a business uses labour and revenue to produce items or provide services to customers. You can better comprehend revenue-generating costs by looking at gross profit. The profit equation can be written as Profit = Revenue - Cost in its most basic form. Costs comprise both variable costs and fixed costs.
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Department Of Health And Human Services
Answer:
$25,000
Explanation:
For computing the gain or loss, first, we have to determine the book value of bulldozer which is shown below:
Book value of bulldozer would be
= Originally cost - accumulated depreciation
= $124,000 - $59,500
= $64,500
And, the proceeds from the insurance company were $89,500
So, the gain would be
= $89,500 - $64,500
= $25,000
Answer:
Does Jack have a negotiable instrument and can he collect from Molly? Why or why not?
- Jack does not have a valid negotiable instrument and cannot collect from Molly because the book was not "correct" since it was no longer used in the business law class. Molly should return incorrect book to Pat though. In this contract, neither party performed.
How about Richard?
- Tim's oral agreement with Molly is valid since the amount is only $40 and Tim can assign it to Richard, but the assignment must be written. Without a written assignment of the debt, Richard cannot collect any money.
And Sam?
- Sam does have written agreement that can be legally enforceable. Although the costs and time of enforcing the contract are probably higher than the DVD (consideration).
Answer:
Fixed-ratio; variable-ratio
Explanation:
Paul’s telephoning is reinforced on a fixed-ratio schedule, whereas Michael’s is reinforced on a variable-ratio schedule.
A fixed ratio reinforcement schedule: They are a set number of responses that must occur before the behavior is rewarded. This means the number of responses to be exhibited by an individual in order to be rewarded is fixed.
Fixed-ratios are better used to optimize the quantity of output.
Variable ratio reinforcement schedule: The number of responses needed for a reward varies. This implies that the number of responses to be rewarded varies according to requirement. It is a partial reinforcement.
