Answer:
Income Statement for Swing Hard Incorporated for the month ended February 28.
Sales $20,935
Less Expenses
Wages ($2,600)
Electricity ($1,420)
Net Income / (Loss) $16,915
Net profit margin = 80.8%
Explanation:
<em>Income Statement for Swing Hard Incorporated for the month ended February 28.</em>
Sales ($20,600 + $155 + $180) $20,935
Less Expenses
Wages ($2,600)
Electricity ($1,420)
Net Income / (Loss) $16,915
<em>Company's net profit margin</em>
Net profit margin = net profit / sales × 100
= $16,915 / $20,935 × 100
= 80.8%
Note
The Income Statement is always prepared on <em>accrual basis of accounting</em> meaning Revenues and Expenses must the recorded when they occur or incur not as when they are paid.
Answer:
a respondent’s reason for not buying a particular product that was sent in the mail as a sample
Explanation:
Answer:
Premium is an amount paid periodically to the insurer by the insured for covering his risk. Description: In an insurance contract, the risk is transferred from the insured to the insurer. For taking this risk, the insurer charges an amount called the premium.
Explanation:
a
Answer:
52.7%
Explanation:
Coefficient of variation=
times 100%
=
times 100%
= .5270462767 times 100%
= 52.704627667
Which rounded to the nearest tenth percent is 52.7%
A shopping good that someone I know purchased is a dining set.The person conducted online research and compared the different options before settling on the item. The research was also mainly conducted on Google and Amazon. This involved reading peer reviews to decide the best product to purchase. <span> </span>