Tax<span> is the single largest expense for insurance, income, everyday purchases, etc. The more money you receives, the more taxes you pay. </span>
Answer:
(B) the demand curve shifts leftward while the supply curve stays the same.
Explanation:
"Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases. "
Reference: Khan Academy. “Price of Related Products and Demand.” Khan Academy, Khan Academy, 2019
Answer:
a. 25.37% and 13.28%
b. 1.97% and 2.07%
c. Costco
Explanation:
a. The gross margins for Walmart and Costco is shown below:
Gross margin = (Gross profit ÷ revenue) × 100
For Walmart,
= ($126.95 ÷ $500.34) × 100
= 25.37%
For Costco,
= ($17.14 ÷ $129) × 100
= 13.28%
b. The net margins for Walmart and Costco is shown below:
Gross margin = (Net profit ÷ revenue) × 100
For Walmart,
= ($9.86 ÷ $500.34) × 100
= 1.97%
For Costco,
= ($2.68 ÷ $129) × 100
= 2.07%
c. According to the net profit, the Costco has more profitable in 2017
Answer:
the gross pay of Lloyd is $6,250
Explanation:
The computation of the gross pay is shown below:
= Amount received annually ÷ number of months
= $150,000 ÷ 24
= $6,250
Hence, the gross pay of Lloyd is $6,250
we simply applied the above formula so that the correct value could come
The other things would be irrelavant
Sole proprietorship
Partnership
Incorporation