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3 years ago

Here are the comparattive income statements of Georgia Development Corporation.

Business

1 answer:

Oxana [17]3 years ago

6 0

Answer:

When using horizontal analysis, figures are compared across different years with the subsequent year differences with the base year figures being a percentage of the base year's figures.

12/31/2017 12/31/2016 Difference Percentage

Net sales $600,000 $500,000 $100,000 20.0%

Cost of goods sold <u>$414,000 $350,000 </u> $64,000 18.3%

Gross profit $186,000 $150,000 $36,000 24.0%

Operating expenses <u> $150,000 $120,000</u> $30,000 25.0%

Net income $36,000 $30,000 $6,000 20.0%

Net sales percentage = 100,000 / 500,000 = 20%

Cost of goods sold = 64,000 / 350,000 = 18.3%

Gross profit = 36,000 / 150,000 = 24%

Operating expenses = 30,000 / 120,000 = 25%

Net income = 6,000 / 30,000 = 20%

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snow_tiger [21]

Answer:

The correct answer is option A.

Explanation:

Price elasticity of demand measures the change in the quantity demanded due to a change in the price of the commodity. In order to increase the demand for pizza, Aiyanna decides to lower the price of pizza by 5% per week.

With passage to time, the demand for a commodity becomes more and more elastic. This is because, with time, the consumers are able to get adjusted to price change. So each successive week demand will become more price elastic.

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3 years ago

Alternative workplaces are intended to a. limit the flexibility employees have in scheduling work. b. accommodate a narrower ran

Eduardwww [97]

Alternative workplaces are intended to enhance employee motivation and performance.

<h3>What is alternative workplace?</h3>

Alternative workplace are provisions made b a company to its employees, to carryout their routine duties other than their normal offices. This tends to give freedoms to workers in carrying out their duties.

The purpose of alternative workplace is to break the bond between workplace and work performance.

Hence, alternative workplaces are intended to enhance employee motivation and performance.

Learn more about alternative workplace here : brainly.com/question/20412413

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2 years ago

An investor is deciding between two projects, both of which have an initial cost of £5,000. One project will return £10,000 in t

snow_lady [41]

Answer:

The answer is: The net present value of the investments

Explanation:

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When deciding what projects should be financed, an investor will always look for projects with a NPV ≥ 0, and if he has to decide between two projects, the he will probably choose the project with the highest NPV.

The easiest way to calculate the net present value is to use an excel spreadsheet and the NPV function:

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3 years ago

Why do complex decisions often raise ethical considerations for the entrepreneur?

dlinn [17]

Complex decision often needed to be done by cutting off several corners for the most efficient decision to be enactdd.
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3 years ago

CareerBuilder has posted a variety of sales management positions. Some require the manager to have five to ten years of experien

lubasha [3.4K]

Answer:

True

Explanation:

Job Specification is comprehensive set statement to demonstrate the pre-requisite of any job for which any hiring is to be done. Job specification includes information about job designation, location , roles and responsibilities, qualifications, skill set required, experience in terms of number of years, job objective and other necessary details specific to the job.

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To ensure that people with only right skill apply for job
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Since the problem says that Career builder has posted for sales management position which includes information on number years of experience and educational qualification, which is part of job specification and hence the statement is true.

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3 years ago