Answer:
a. Profit margin = Income from operations / Sales
Profit margin = $73,745/$1,053,500
Profit margin = 0.07
Profit margin = 7%
b. Investment turnover = Sales/Invested assets
Investment turnover = $1,053,500/$245,000
Investment turnover = 4.3 times
c. Rate of return on investment = Profit margin * Investment turnover
Rate of return on investment = 7% * 4.3
Rate of return on investment = 30.10%
Answer:
The utility-maximizing rule suggests that this consumer should: Increase consumption of product Y and decrease consumption of product X
Explanation:
Answer:
D) Yes, a valid contract was formed on July 15th when the letter of acceptance was sent.
Explanation:
Legal CONTRACT: An arrangement between two parties to provide a goods or services that is statute, written or verbal contract enforceable by law.
Basics for a valid contract: 1.Free Parties approval. 2.The legal review i.e. there must be legitimate approval
Alasia often deals with customers by traveling to their homes to install energy sources. She can also fix any issues the customer may have. Alasia is most likely an Electrician, If Alasia can fix almost any issue, it means it doesn´t need to be about the energy source, it may be about other technical electric problems, making Alasia an electrician.
