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Mariulka [41]
3 years ago
9

This is economics question

Business
1 answer:
Elenna [48]3 years ago
4 0

Answer:

I think "A & B are correct."

Explanation:

Risk*

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Builtrite's upper management has been comparing their books to industry standards and came up with the following question: Why i
Vesna [10]

Answer:

Builtrite has higher than average operating expenses

Explanation:

Subtracting cost of goods sold from net sales will give you gross profit. The reason of high gross profit could be company is able to sell its products at a higher price or it is able to keep its cost of goods sold at a lower level than industry standards.

A higher-than-industry-average gross profit margin increases your chances of generating a net profit provided that you are able to keep your expenses within industry average levels.

Operating profit is the pre-tax profit or in other words it is calculated by subtracting operating expenses from the gross profit. Operating profit margin is equal to operating income divided by the total revenue. A lower operating margin despite of having higher gross profit is because the company is not able to control its operating expenses or in other words they are incurring higher operating expenses as compare to industry.

4 0
3 years ago
The following information will be used for 2 questions on this exam: Charlotte Corporation's management keeps track of the time
BigorU [14]

Answer:

6.00 days

Explanation:

data provided

Inspection time = 3.7 days

Process time = 0.2 days

Move time = 1.3 days

Queue time = 0.8 days

The calculation of throughput time is given below:-

Throughput time = Inspection time + Process time + Move time + Queue time

= 3.7 days + 0.2 days + 1.3 days + 0.8 days

= 6.00 days

Here, we added the inspection time, process time , move time and queue time to reach at throughput time and we ignore the time spent waiting to be worked on in the factory as it is not relevant.

6 0
3 years ago
1. Find the derivative y' = dy/dx:
Lera25 [3.4K]

Answer:

you did the questions right . very good

4 0
3 years ago
Question 1
Virty [35]
<span>Which choice is the correct statement about "comprehensive" insurance?
B. Comprehensive insurance provides you coverage for both collision and physical damage.

Question 2
If I make a lot of claims on my insurance, my insurance cost will probably go up. TRUE

Question 3

What are some of the obligations you must fulfill for an insurance policy to be in effect? C. Both A and B.

What is collision insurance? B. Collision insurance is the coverage your insurance company gives you that only covers physical damage to a vehicle. Collision insurance usually has a "deductible" which means that the company will not pay 100% of damages.

All insurance companies charge the same rates for insurance coverage. FALSE

What is an insurance "deductible"?
D. An insurance deductible is what you pay yearly for car insurance if you don't have accidents.

What is an insurance policy?
B. An insurance policy is a document that tells you what you must pay for insurance coverage and what the insurance company is - and is not - covering.

What is the purpose of insurance?
D. Both B and C.

Life insurance can be most valuable in which of these cases?
D. Both B and C.

It is always smart to compare insurance costs between different companies. Insurance agents are usually good people. But remember that the job of insurance agents at most companies is to sell you their insurance policies. Their job is not to tell you that another company has a better and less-expensive policy. True.

What are some of the factors that would influence your insurance costs?
C. The type of car you drive.

In which cases does property insurance normally give you coverage?
D. All of the above.

Some insurance usually has a higher price for younger people because younger people have more accidents.FALSE

Health insurance is designed to cover some or all of your expenses related to accidents and some health issues.TRUE

Which actions will many insurance companies take if you receive a DUI?
C. Both A and B.
</span>
6 0
4 years ago
Which of the following statements is NOT true regarding locationâ decisions?
Lilit [14]

Answer: The correct answer is choice b.

Explanation: Location is very important for businesses. Of the options presented, the only one that is incorrect is choice b - Once management is committed to a specific location, many costs become easy to reduce. This choice is incorrect. Even though management is committed to a location, it does not mean that it is easy to reduce costs. Even though they are committed to a location, it may be impossible to reduce costs.

8 0
3 years ago
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