Answer:
16.80% and 39.43%
Explanation:
The formula to compute the net profit margin is shown below:
Net profit margin = Net income ÷ Total revenues × 100
For Travel lite, the net profit margin is
= $1,080 ÷ $6,430 × 100
= 16.80%
And, for fare line, the net profit margin is
= $3,020 ÷ $7,660 × 100
= 39.43%
By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company
It is always expressed in percentage
Answer:
Home owner’s insurance: most homeowners insurance policies provide a minimum of $100,000 worth of liability insurance. The costs for such a policy would be $500 deductible.
Medical Insurance: For a four person household with a family income of $75,000 in Virginia would be approximately $600 a month. This would not include supplementary insurance.
Automobile insurance: To insure to cars up to $50,000 in damages each, would cost $1,200 a year, paid every 6 months. This assuming that only 2 people in the household have driver’s licenses.
Explanation:
This was the sample answer given
<span>A facility manager is the person responsible for coordinating all the employees and entities involved in the facility to ensure that they work on behalf of the facility and help meet its short- and long-term goals and objectives. Many people are in fact facility managers in their daily lives and do not realize it. The person who is the head of a household is really a facility manager. That person needs to purchase the house, pay the mortgage, paint the rooms, install new equipment such as air conditioners, maintain existing systems such as the roof, manage facility "subletting" (as in determining who is going to get which room), interact with government entities to pay taxes, and employ tradespeople such as plumbers and electricians.
Hope this helps.</span>
Answer: More elastic; Lower
Explanation:
Before the entry of a new firm, there is only one firm exist in the market and that single firm is experiencing a monopoly power. But when there is a entry of its competitor then as a result second firm have to reduce their prices of the products as demand is elastic. We know that market is very sensitive to the prices. This fall in prices will lead to increase the demand for the products but with the lower prices, the marginal revenue of the second firm will be more elastic because of the lower prices.
