All categories

3 years ago

A seller buys an item from a manufacturer for $100 and sells it to a customer for $120. What term describes this extra $20?

1 answer:

7 0

This is basically known as net profit. because he purcahes it of 100 $ and sale it of 120 and earn a complete 20$ profit. mostly that happens in retailer cases . best example is shop keeper because they are not manufacturing it <span />

You might be interested in

Green Frog is an environmentally friendly firm in the cosmetics industry. Even though Green Frog is environmentally friendly, th

kakasveta [241]

Answer:

D) Growth in earnings per share averaging 15% or better annually for the next five years

Explanation:

First of all, objectives must be well defined and measurable. That is why increasing profitability is a good idea but not a very good strategic objective, since a 0.00001% growth in profits will still comply with it. The same applies with growing market share.

Improving product quality will help improve total sales but it is not a financial objective.

The only financial objective that is precise and measurable is option D, which sets the goal of increasing earnings per share at least 15% every year.

5 0

3 years ago

Match each term below with the description that fits it best. 1. Treasury stock 2. Issued capital stock 3. Outstanding capital s

saw5 [17]

Answer:

1) shares held by the issuer that is shares of Firm A held by Firm A

2) the amount of shares issued by the firm

3) the amount of shares which are circulating in the market (issued less treasury stock)

4) is the amount the governement angency in charge of regulations approved the firm to issue It cannot surpass this ammount without their permission being granted

5) shares at which a down payment has been made but, not paid in full by the potential stockholders

Explanation:

DISCLAMER:

As the options aren't given I define each concept

3 0

3 years ago

Ming Chen began a professional practice on June 1 and plans to prepare financial statements at the end of each month. During Jun

Leya [2.2K]

Answer:

The accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Explanation:

Note: See the attached excel file for the analysis of the Effect of June Transactions on the Accounting Equation

From the last balances in the attached excel file, we have:

Assets = Cash + Receivable + Equipment = $41,000 + $8,000 + $31,000 = $80,000

Liabilities = Payable = $0

Equity = M. Chen, Capital - M. Chen, Withdrawals + Revenue - Expenses = $75,000 - $1,000 + $10,500 - $4,500 = $80,000

Liabilities + Equity = $0 + $80,000 = $80,000

Therefore, the accounting equation holds as follows:

Asset = Liabilities + Equity = $80,000

Download xlsx

4 0

3 years ago

What is a reason people might travel, other than going to visit friends/relatives?

Juli2301 [7.4K]

Answer: Another reason people might travel is maybe for a vacation or get away or people also might travel for their work.

Explanation:

4 0

3 years ago

Read 2 more answers

The owner of an orange grove must decide when to pick one variety of oranges. She can sell them for $27 a bushel if she sells th

uysha [10]

Answer:

The oranges should be picked in 2 weeks for maximum return

Explanation:

We assume that the return of the owner is y ($)

Assume that the number of weeks the oranges should be picked to have maximum return is x (weeks). (x≥0)

If collect now, the price for each bushel is $27

As the price per bushel decrease by $1.50 per bushel each week

=> After x weeks, the price of a bushel decrease: 1.5x ($)

=> The price of 1 bushel after x weeks is: 27 - 1.5x ($)

If collect now, each tree can yield 7 bushels

As the yield increases by half a bushel per week for the next 5 weeks

=> After x weeks with x ≤ 5, each trees would yields: 7 + 0.5x (bushels)

The return = The price of each bushes × The quantity of bushels

=> $y = (27-1.5x)(7+0.5x)$

⇔ $y= 27 (7 +0.5x) - 1.5x(7+0.5x) = 189 + 13.5x - 10.5x - 0.75x^{2}$

⇔ $y = -0.75x^{2} +3x +189$

We have: if the equation has the form of $y =ax^{2} +bx +c$ with a≠0, its maximum value is: $max y = c - \frac{b^{2} }{4a}$

In the equation $y = -0.75x^{2} +3x +189$ , we have: a = -0.75; b = 3; c = 189

=> $max y = c -\frac{b^{2} }{4a} = 189 - \frac{3^{2} }{4.(-0.75)} = 189 - \frac{9}{-3} = 189 - (-3) = 189+3 = 192$

To look for the number of weeks, we should find x (0≤x≤5) with which y = 192

$192 = -0.75x^{2} +3x +189$

⇔ $-0.75x^{2} + 3x + 189 - 192 = 0$

⇔ $-0.75 x^{2} + 3x - 3 =0$

⇔ $-0.75x^{2} + 4*0.75x - 0.75*4 =0$

⇔ $x^{2} -4x + 4 = 0$

⇔ $(x-2)^{2} = 0$

⇔ x = 2

The oranges should be picked in 2 weeks for maximum return

7 0

3 years ago