Answer: Affirmative action.
Explanation:
An affirmative action is a form of action taken that favors members of a particular sex, race, religion, tribe that has been discriminated against in the past. Jake's decision to ensure equal opportunity to all genders is a type of affirmative action.
It should be noted that the competitive advantage of Johan's company is being affected by Demand conditions.
<h3>What are Demand conditions?</h3>
Demand conditions can be regarded as the size and nature of the customer base for products, and this usually bring about innovation and product improvement.
This is why Johan was happy that consumers had asked for a better grade of plastic for the toys his company produced.
Learn more about Demand conditions at:
brainly.com/question/4804206
First, we need to find the gross margin.
Gross margin = net sales - cost of goods sold
Gross margin = $1,750,000 = $390,000
Gross margin = $1,360,000
Then, we need to find the net profit before tax.
Net profit before tax = gross margin - expenses
Net profit before tax = $1,360,000 = $960,000
Net profit before tax = $400,000
Net income after taxes = (total revenue - total expenses)/total revenue
Net income after taxes = (1,750,000 - 960,000)/(1,750,000)
Net income after taxes % = 45%
Answer: sales budget
Explanation:
The first budget customarily prepared as part of an entity’s master budget is the sales budget.
Sales budget is simply financial plan, that shows how resources will have to be distributed in order for the predicted sales to be achievable.
Answer:
A.overstate; substitution
Explanation:
Consumer Price Index (CPI): is a measure that examines the weighted average of prices of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking the average of the price changes for each item in the predetermined goods. Changes in the CPI are used to assess price changes associated with the cost of living therefore the CPI is used economist for identifying periods of inflation or deflation.
when we say the CPI overstate inflation; it is because of:
Substitution bias (when the price of a product in the consumer basket increases substantially, consumers tend to substitute lower-priced alternatives; Therefore, it tends to overstate inflation due to a lack of accountability
) and;
Quality bias (over time, technological advances increase the life and usefulness of products).
