Answer:
The profit margin here is $3
Explanation:
The profit margin is calculated by
Profit Margin = Sales - Cost of Sales
And
Cost of sales includes all the labour costs, cost of the inventory that has been sold, overhead cost absorbed in the inventory, depreciation etc.
So here we have cost of sales per unit of $5 per unit and selling price of per unit is $8.
By putting values we have:
Profit Margin = $8 per unit - $5 per unit = $3 per unit
A corporation has 40,000 shares of $25 par value stock outstanding. If the corporation issues a 3-for-1 stock split, the number of shares outstanding after the split will be 120,000 shares.
Stocks are gadgets of fair ownership in an agency. For a few businesses, shares exist as an economic asset providing for an identical distribution of any residual profits, if any are declared, in the shape of dividends.
In monetary markets, a share is a unit used in mutual finances, limited partnerships, and real estate funding trusts. Percentage capital refers to all of the stocks of an agency. The owner of shares within the agency is a shareholder of the business enterprise.
A share is referred to as a unit of possession that represents the same share of a business enterprise's capital. A percentage entitles the shareholders to an equal declaration of earnings and losses of the employer. There are majorly sorts of shares i.e. equity stocks and desire stocks.
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Answer: Option(c) is correct.
Explanation:
A market refers to a term or institution in which various buyers and sellers of a particular good interact with each other to perform certain transactions. In a market, there is a buying and selling of goods and services between the consumers and sellers and price is determined by the market forces. Examples of market; Automobile market, fruit market, vegetables market, wood market, etc.
Answer:
$27,175
Explanation:
In trial balance, there are two columns namely debit columns and credit columns. The total of debit and credit columns should always be matched.
The debit columns records assets and expenses side whereas, the credit column record revenue, stockholder equity, and the liability side
The computation of the total of debit side is shown below:
= Accounts Receivable + Cash + Equipment + Insurance Expense + Land + Notes Receivable + Prepaid Insurance + Rent Expense + Salaries and Wages Expense
= $6,000 + $1,850 + $6,400 + $475 + $5,300 + $1,350 + $475 + $1,475 + $3,850
= $27,175
Answer:
The correct answer that fills the gaps are: Involved; knowledge.
Explanation:
A mercant is the person who is usually engaged in work that also helps in the economy. The owner of a business establishment is also named that way. In commercial law, the term merchant refers to its subject of subjective study, that is, to people who are subject to specific regulation by this branch of law. In this sense, people who, in a habitual way, are engaged in any of the activities that the law considers mercantile ("commercial acts") are merchants. Habituality constitutes an essential element of the definition: not every person who performs an occasional act of commerce (for example, who buys in a store) becomes a merchant, but is only considered a merchant from the perspective of Commercial Law who is dedicated to trade as usual.