<span>For inelastic goods, when the overall price rises, quantity demanded will drop more than the overall price rise. This will cause the overall revenue brought in by the product to decrease. Elastic goods would have a smaller decrease in QD than the percentage of the price rise.</span>
The gross profit percentage for Ziehart Pharmaceuticals is 74.5%.
The gross profit percentage for Candy Electronics Corporation is 57.1%.
The company better able to use its sales to cover expenses is Candy Electronics Corporation.
<h3>What is the gross profit percentage?</h3>
The gross profit percentage is the ratio of net sales to total sales.
gross profit percentage = net sales / gross sales x 100
Gross sales is the sum of net sales and cost of goods sold
Ziehart Pharmaceuticals = [195,000 / (195,000 + 66,000)] x 100 = 74.5
Candy Electronics = [53,000 / (53,000 + 39800)] x 100 = 57.1
To learn more about financial ratios, please check: brainly.com/question/26092288
Answer:
a) operating activity (added to net income)
Explanation:
Operating activities are those activities that deals to day to day expenses and revenues i.e. salary expense, advance cash received,etc. Also it records the changes in working capital amounts
Here the receipt on dividend held on stock investment considered to be an operating activity and since it is a cash inflow so the same is to be included in the net income
Therefore option a is correct
The name which is given to the session that is a continuous discussion to <em>bring out</em> innovative ideas from employees is called:
According to the given question, we are asked to state the name which is given to the session that is a continuous discussion to <em>bring out</em> innovative ideas from employees.
As a result of this, we can see that when a group of workers sit down together to bring out a new idea that would be innovative to their company, then we can say that they are brainstorming because they bring ideas that would improve overall business and profit
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brainly.com/question/20482811
Answer: 0
Explanation:
Accrual accounting method simply means when revenue or expenses are written down and recorded at the time that the transaction took place and not when payment was gotten.
The revenue that is recognized on the March income statement will be 0. This is because the delivery was in April and none took place in March.