5 days, but it depends on rules of where you are. It can be 10, or maybe even as high as 90.
Answer:
Option (d) is correct.
Explanation:
Given that,
Sales = $1,340,000
Gross margin = $460,000
Net operating income = $54,846
Net income before taxes = $41,846
Net income = $27,200
Gross margin percentage is calculated by dividing the gross margin with sales.
Gross margin percentage:
= (Gross margin ÷ Sales
) × 100
= (460,000 ÷ 13,40,000) × 100
= 34.3 % (Approx)
Answer:
12.93%
Explanation:
Given that the amount of 300 is invested for 3 years, while the amount of 100 is invested for 2 years and 100 is invested for 1 year.
also amount accumulated in three years = 800
Applying the formula to find the future value we get
300(1+r)^3 + 200(1+r)^2 + 100(1+r) = 800
which can be further simplified to
300r^3+1100r^2+1400r+600=800
where, r is the effective rate of interest which we have to find out
The above equation is cubic in r, so to solve this we can use equation solver. When we put this equation in equation solver we get
r = 0.12926
r ≅ 0.1293
Therefore, effective rate of interest = 12.93%
Answer:
It is Risk (C)
Explanation:
Sales Revenue : A company with profit maximization objective will adopt every necessary strategy and marketing techniques to increase it sales revenue.
Expenses : In order to maximize profit, all discretionary expenses and costs must be kept as low as possible .
Risk : A profit-conscious company will not be mindful of risk regardless of their impact and will be ready to take higher risk. The higher the risk, the higher the return and vice-versa.
Cost of goods Sold : these represents direct costs incurred to generate revenue. Hence, in order to maximize profit, this must be kept low as well.
When there is an accident on the road so you take another road in order to avoid being stuck in a traffic jam. You would also experience bypass with potholes or items on the road that you circle around in order to avoid it
