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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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You have just started a new job, working in public relations with a start-up company that just held its IPO. Your boss has asked
irina1246 [14]

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Annual brochure

b) Speech

c) Blog

d) Media kit

e) Annual Report

And the correct answer is the option E: Annual Report

Explanation:

To begin with, the term of "Annual Report" in the field of business refers to the comprehensive report that is done by the managers of a company in order to inform to the shareholders about how the company is doing and to see in numbers the financial performance that it has have the last year due to the fact that it collects data from the operations, transactions and all the activities that the company has have throughout the preceding year. Therefore that in this case presented, the best public relations tool that will be able to accomplish the goal it the annual report.

3 0
3 years ago
Economists argue that the pace of economic growth: Determines the size of the population of a nation over the long term. Determi
hammer [34]

Answer: Determines the standard of life of a nation over the long term.

Explanation:

Economists believe that the economic growth of a country determines the standard of living of its people over the long term which is why measures such as GDP per capita exist.

They argue that if the economy is growing, more wealth will be created for citizens to access and the higher production of goods and services will give citizens more choice on what to buy to be able to improve their standard of living.

5 0
3 years ago
Personality types are:
mezya [45]
The answer is the first option
3 0
3 years ago
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Industries that are viewed as specialty (instead of a commodity) have a high level of rivalry?
nikdorinn [45]

Answer:

Specialty goods are the products which require high efforts in purchasing because their cost is certainly high, consumers cant take a risk of buying them frequently, like sporting cars, high end cameras, luxury high end clothing etc. There are many industries in specialty goods in which you can see intense level of rivalry. For example, in sporting cars, you have multiple brands which have very severe kind of rivalry like Jaguar and BMW - Lexus and Lotus, they not compete in cars but they compete in their advertisements, evenest as well.

Whereas, when you consider, photographic camera industry, you will also find intense kind of rivalry between Canon and Sony, Leica and Olympus. Here they not only face direct competition from other camera brands, but they also have to face competition from the cell phone industry, which also provide high end cameras in their cell phones like iPhone, Samsung and Oppo etc.

4 0
4 years ago
The O'Neill Shoe Manufacturing Company will produce a special-style shoe if the order size is large enough to provide a reasonab
Dmitriy789 [7]

Answer:

TC = $1,700 + $20x

P = $20x - $1,700

x = 85

Explanation:

Develop a mathematical model for the total cost of producing x pairs of shoes.

The total cost of producing x pairs is given by the fixed cost of $1700 added to a variable cost of $20 per pair. For x pairs:

TC =\$1,700 + \$20x

Let P indicate the total profit. Develop a mathematical model for the total profit realized from an order for x pairs of shoes.

Total profit is given by Revenue from sales minus total costs (found on the previous item). Revenue is $40 per pair. The profit function is:

P = \$40x-(\$1,700 + \$20x)\\P = \$20x-\$1,700

How large must the shoe order be before O'Neill will break even?

The break-even point occurs when profit is zero:

0 = \$20x-\$1,700\\x=85

The shoe order must be at least 85 pairs.

6 0
4 years ago
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