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Volgvan
3 years ago
11

The difference between your sales and your cost of goods sold is known as your what

Business
1 answer:
Anettt [7]3 years ago
8 0

Answer:

profit.

Explanation: its just right

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Under the mudarabah banking system, when an Islamic bank lends money to a business Multiple Choice it charges that business inte
Vikki [24]

Answer:

It takes a share in the profits that are derived from the investment.

Explanation:

The Mudarabah banking system is a financial concept that is structured on partnership, wherein one partner is the financier (rabbulma) while the other partner is responsible for the supply of labor and skills (mudarib) for the management of the capital invested in the business. Consequently, the factors of production in this system are, labor, capital and entrepreneurship.

The Mudarabah is of two types:

1. Restricted mudarabah: if the financier states a particular business for which the capital is to be invested in.

2. Unrestricted mudarabah: if the financier permits the fund manager or entrepreneur (mudarib) to invest the capital in any business of choice.

Under the mudarabah banking system, when an Islamic bank lends money to a business, it takes a share in the profits that are derived from the investment for a specific period of time.

Hence, it's a banking system peculiar to the Islamic world and the contractual partners shares profit and loss based on a pre-defined and agreed ratio.

7 0
3 years ago
Suppose the government wants to reduce cigarette consumption to 200 billion packs per year. The government could achieve this by
irakobra [83]

The government could achieve reduction of cigarette consumption to by imposing a per-unit tax on cigarettes of 200 billion packs per year

<h3>What can Taxation achieve?</h3>

A taxation refers to compulsory levies on individuals, business by the governments on their income, operation etc.

In conclusion, apart from the revenue that tax generates for the government official, its also serves as tool for controlling consumption.

Read more about taxation

<em>brainly.com/question/25783927</em>

5 0
2 years ago
Lark had net income for 2018 of $105,000. Lark has 33,000 shares of common stock outstanding at the beginning of the year and 48
valina [46]

Answer:

Price Earnings Ratio = 20.48

Explanation:

Price Earnings Ratio = Price/Earnings per share

Here Price is of common stock

In the given case = $32

Earnings per share are calculated at year end for common stock.

Earnings for common stock = Net income - Dividend to preference shares = $105,000 - $30,000 = $75,000

Earnings per share = $75,000/48,000 shares = $1.5625

Price Earnings Ratio = \frac{32}{1.5625} = 20.48

Note: There is no relevance of share price of preference shares, also no relevance on opening number of shares of equity as PE Ratio is calculated on closing number of shares and on the date and not for the period that we will consider the average.

Price Earnings Ratio = 20.48

8 0
3 years ago
explain how (if at all) each of the following events affects the location of a country’s production possibilities curve: a. the
Alex787 [66]

The following are the analysis of a Production Possibility Curve.  It is to be noted that As education quality improves, the production potential curve will shift outward, improving job skills and productivity. PPC will migrate abroad as human capital boosts the country's resources.

<h3>What happens when the number of unemployed increases?</h3>

It will not affect PPC's position, or it will remain the same, because the number of jobless employees will not change the overall labor force.

<h3>What happens when a new technique improves the efficiency of extracting copper from ore?</h3>

Increased efficiency as a result of technological advancement will move PPC outward as it boosts productivity and allows for greater output with existing resources.

<h3>What will happen when a devastating earthquake destroys numerous production facilities?</h3>

The severe earthquake destroys available resources and capital stock, decreases productivity, and shifts PPC inward.

Learn more about PPC:
brainly.com/question/26460726
#SPJ1

6 0
2 years ago
In the straight line method the yearly percentage of cost lost through accured depreciation is found by
alexandr402 [8]

Answer:

Cost of asset less expected residual value /Expected useful life (years

Explanation:

Where the depreciable amount is charged in equal amounts to each reporting period over the expected useful life of the asset, this method of calculating depreciation is known as straight line method.

The yearly percentage of cost lost through accrued depreciation in straight line method is found by following formula:

Cost of asset less expected residual value /Expected useful life (years)

8 0
3 years ago
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