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aliya0001 [1]
3 years ago
10

macarthy landscape supply's selected accounts follow Selling Expenses $12,900 Interest Revenue 900 Net Sales Revenue 134,700 Cos

t of Goods Sold 114,000 Administrative Expense 10,200 compute gross profit percentage
Business
1 answer:
Thepotemich [5.8K]3 years ago
7 0

Answer:

15.37%

Explanation:

Computation of the gross profit percentage

First step is to calculate the Gross profit using this formula

Gross profit = Net sales revenue - Cost of goods sold

Let plug in the formula

Gross profit= $134,700 - $114,000

Gross profit= $20,700

Now let determine the Gross profit percentage using this formula

Gross profit percentage = Gross profit / net sales revenue

Let plug in the formula

Gross profit percentage= $20700/ $134700

Gross profit percentage= 15.37%

Therefore Gross profit percentage is 15.37%

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16) (2 marks)
musickatia [10]

Answer:

171 units

Explanation:

Break-even point = fixed cost / Divide by contribution margin per unit.

fixed costs = £12,000

Contribution margin per unit = selling price - variable cost per unit

Selling  price £88: variable cost  £18

contribution margin per unit

=  £88 -  £18

=£70

Break-even point = £12,000/£70

=171.42

=171 units

3 0
3 years ago
Gloria is opening an upscale women's clothing store in a growing suburban residential area. Gloria knows her target market is up
kupik [55]

Answer:

The correct answer is real estate values by subdivision

Explanation:

As Gloria is not able to afford the Tapestry analysis which is a costly one, She will use the real estate values  by the subdivision. As this method is not only cost effective but is far efficient from the other less effective methods. Although Tapestry PRIZM analysis methods are effective however they are not as good a value for money as the real estate values by subdivision strategy is.

7 0
4 years ago
The direct labor budget begins with the required production in units from the production budget.
miv72 [106K]
I believe the Answer is false
6 0
3 years ago
Using expenditure analysis, calculate the amount of income, if any, from "unknown sources."
mafiozo [28]

Answer:

hey aleks.

Explanation:

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sorry depressing mode took of me!

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3 0
3 years ago
Nicholas initially invested $2,400 in a technology company. The company recently paid annual dividends of $22 and his year-end i
Vika [28.1K]

Answer:

- 15.75%

Explanation:

The computation of the rate of return on his investment is shown below:

= (Year end investment value - investment value + annual dividend) ÷ (Investment value)

= ($2,000 - $2,400 + $22) ÷ ($2,400)

= -$378 ÷ 2,400

= - 15.75%

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3 0
3 years ago
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