The measure of a product, service, or company's profitability is its profit margin. The bigger the percentage representing the profit margin, the more profitable the company is.
Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it.
Profit margin=44.9%
Explanation to the answer:
Profit margin =Net income / sales
=7,050,000 / $ 15,700,000
=0.44904
=44.9%
Profit margin =44.9%
Learn more about profit margin here brainly.com/question/24161087
#SPJ4
Answer: Is all of the above.
Explanation:
Accounting involves the process of taking accurate records of financial and non-financial activities of a business organization. Accounting is the language of business as it is needed for every business to succeed, also in accounting, records are kept that are useful in decision making.
Answer:
1. Assets is debited for $10,000 as loans.
2. Liabilities is credited for $10,000 as deposits.
Explanation:
Note: This question is not complete as the amount is omitted. The complete question is therefore presented before answering the question as follows:
Suppose banks keep no excess reserves and that all banks are currently meeting the reserve requirement. The Federal Reserve then makes an open market purchase of $10000 from Bank 1.
Use the T-account below to show the result of this transaction for Bank 1, assuming Bank 1 keeps no excess reserves after the transaction.
The explanation of the answer is now given as follows:
Note: See the attached photo for Bank 1's T-Account.
In the attached photo, we can see that:
1. Assets is debited for $10,000 as loans.
2. Liabilities is credited for $10,000 as deposits.
<span>An allergic reaction should not be treated
lightly because this can actually result in death of the victim. So in this
casem this could actually lead to serious illness or death of the customer.
Which adds a very huge liability for the restaurant or organization.</span>
The answers would be:
Article 2 uses a scientific claim because the author says the Earth is in a cooling cycle.
Although Article 1 mentions evidence discovered by scientists, more research is needed about the data source to determine if the claim is scientific.
