To be able to make a gross margin of around $32000, the total sales must be around $32,324.
<h3>What is gross margin?</h3>
Gross margin is the total amount of cost benefitted by the sales revenue and the cost derived for the goods being sold. As per the information given above, the total sales calculation will be as $32,324.
Putting the value of total sales in the given formula, the gross margin is $32,000 when the cost of goods being sold has increased by around 1 percent.
Hence, the gross margin will be $32000 when the total sales will be $32,324 and the costs of sales increases by one percent.
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Answer:
d. the firm will lose $750
Explanation:
marginal cost is the derivate of the cost function: It represent the cost of producting an additional unit
cost: 750 + 5q
dC/dQ = 5
We have determinate that marginal cost is $5 thus, we should price at the same value. The mistake from the goverment is to equalize marginal cost with price instead of marginal revenue.
This will make the firm loss the fixed component of the cost as will sale to pay up the variable cost.
The fixed cost is $750 so that is the loss from operations
Answer:
C) a group of church members gather clothes for a clothing drive for the poor in their community.
Explanation:
The stated example is and example of voluntary work, which by most statutes does not count as labor. Although volunteering is technically work, it does not count as labor as volunteers are not paid for what they do. Instead, they do it for an ethical purpose which is not related to getting money. Therefore, volunteers do not coun as the working labor force.
Answer: It might harm the reputation of Trend Flash Ltd. or distinguishing factor is impaired by using similar trademark by Sleek Feet LLC
Explanation:
According to the question, Sleek Feet LLC is using similar or alike trademark for their product(shoes) as well-established corporation ,Trend Flash already uses in registered form.
Having similar trademark can confuse consumers as they might not able to identify the difference between the trademark. It can end up purchasing wrong brand shoes rather what they actually intend to
This can tamper the reputation of Trend Flash Ltd. as they have well recognized trademark and difference in quality of shoes be a major factor in it.
Answer:
The debt to equity mix = 74.65% - 25.35%
Explanation:
The computation of the debt to equity mix is shown below:
Debt is
= Mortgages + Bond
= $18 + $35
= $53 million
And, the Equity is
= Retained earnings + Cash in hand
= $5 + $13
= $18 million
Now
Percentage of debt financing
= $53 ÷ ($53 + $18)
= 74.65%
And, percentage of equity financing is
= $18 ÷ ($53 + $18)
= 25.35%
And, finally
The debt to equity mix = 74.65% - 25.35%
