In the given question GP ratio will be 53.4%
Here Net sales= 296000 $
Cost of goods sold= 138000 $
average inventory= 50000 $
Gross profit= Net sales- Cost of goods sold
=296000-138000
=158000
Formula for calculating Gross profit ratio is:
Gross profit/ Net sales *100
= 158000/296000*100
=53.4%
Gross profit ratio is a financial ratio which measures the performance and efficiency of a business by dividing its gross profit by the total net sales. The gross profit ratio can also be expressed in the form of percentage by multiplying the result by 100.
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Answer:
Total cost is $200,000 and the bill for the job is $407.5
Explanation:
The total cost would be:
Total cost = Wages + Benefits + Overhead
= $110,000 + $40,000 + $50,000
= $200,000
Cost per hour = Total Cost / Labor hours
= $200,000 / 5,000
= $40 per hour
Profit per hour required is $20 per hour
Total rate per hour = Cost per hour + Profit per hour
= $40 + $20
= $60 per hour
The bill for the job would be:
Let the bill be X
Total bill = Used part cost + Repair cost per hour (1.5 hr is 93) + Loading charges
X = $70 + 93 + .6X
0.4 X = $163
X = $163 / 0.4
X = $407.5
Answer:
The indicators may be an important factor will be the unemployment rate in the area
Explanation:
The federal tax rate in the that area, may no different that in other area and it can be pay if you have job, the other indicator could be is the producer price index but it can't tell you the economy as well just the productions and finally the CMI consume marginal index tell you more about life style in the zone, so that's why the indicator that is higgher influence is the unemployment rate because that determinate how many people around can pay and be able to grow economy way in the area, so t you can get return on investment
Answer:
A. <u>Market Order</u>
Explanation:
In a market order, the securities are bought and sold immediately at the current market price prevailing at that time of the day.
Under this, order size is entered such as quantity of stock, the action to be taken i.e buy or sell and no buying/selling rate is mentioned, rather "market" option is checked.
Such market price keeps fluctuating every every moment so the order would be completed at that price which prevailed at that exact moment.
In the given case, the broker upon instructions of the client immediately got the order executed of 500 shares in less than a minute. This is the case of market order wherein the order was executed at current market price.
well with buying a home you are stuck with it you cant just move out but with renting you can say ohh im moving and you can give them your key and get out its really not that bard
