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iogann1982 [59]
2 years ago
9

The gross profit margin is unchanged, but the net profit margin declined over the same period. This could have happened if A- Fr

ench Government increased the corporate tax rate. B- Cost of goods sold increased relative to sales C- Sales increased relative to expenses. D- Dividends decreased
Business
1 answer:
Nana76 [90]2 years ago
3 0

Answer:

A- French Government increased the corporate tax rate.

Explanation:

Gross profit margin refers to the ratio of gross profit to net sales of a firm.

Gross profit is calculated as net sales minus cost of goods sold.

Net profit margin refers to the ratio of net profit to net sales of a firm.

Net profit is calculated as the profit before tax expense minus corporate tax expense.

Corporate tax expense is the corporate tax rate multiply by the profit before tax expense.

Profit before tax expense is calculated as the gross profit minus operating expenses, sales and distribution expenses and other relevant expenses.

From the explanation above, it can be seen that corporate tax rate is the only option from the question that can affect the net profit margin. For example, an increase in the corporate tax rate will increase the corporate tax expenses and therefore make net profit to fall. This will eventually make net profit margin to decline.

Therefore, the correct option is A- French Government increased the corporate tax rate.

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lilavasa [31]

In order to help their employees move from one job to another, and in order to meet the challenges of a global economy, corporations must offer retraining program as part of their employee development programs.

To meet the challenges of a global economy and to help employees move from one job to another corporations must offer retraining as part of employee development programs. Training and development is considered vital because it allows employers to pinpoint skills and knowledge they want in their employees. These trainings not only educate the employees but also provide updates on existing skills to increase productivity. Every business has different needs to retain their employees to meet their internal and external challenges.

These trainings to retain the employees are proved to be fruitful

  1. When there is a talent gap in your organization.
  2. When improvement is required in certain areas.
  3. When training becomes essential in certain programs.

Therefore corporations must offer retraining to help employees move from one job to another and meet global challenges.

You can learn more about retraining at

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6 0
1 year ago
Milano Gallery purchases the copyright on an oil painting for $300,000 on January 1, 2017. The copyright legally protects its ow
murzikaleks [220]

Answer and Explanation:

According to the situation, the solution of journal entries are as follows

1. Copyright Dr $300,000

             To Cash $300,000

(being the purchase of copyright is recorded)

Here, we debited the copyright as it increased the assets and credited the cash as it decreased the assets

2. Amortization expense Dr ($300,000 ÷ 12 years) $25,000

             To Accumulated amortization $25,000

(being the annual amortization is recorded)

Here we debited the amortization expense as it increased the expenses and credited the accumulated amortization as it decreased the assets

5 0
3 years ago
based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was .
Harlamova29_29 [7]

based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was Japan.

What is multinational enterprises?

A corporate entity that owns and manages the production of goods or services in at least one nation other than its own is referred to as a multinational firm. Coca-Cola, Unilever, Pepsi, Starbucks, McDonald's, BMW, Suzuki, Samsung, etc. are a few instances of international corporations.

Therefore,

based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was Japan.

To learn more about multinational enterprise from the given link:

brainly.com/question/494475

6 0
1 year ago
Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,050 shares of $50 par valu
kifflom [539]

Answer:

December 31, 2021

Debit : Dividends $28,500

Credit : Shareholders for Dividends $28,500

Explanation:

The Dividends declared present a present obligation by the entity to its shareholders.

5 0
3 years ago
Which one of the following is a working capital decision?
CaHeK987 [17]

Answer:

E. How much cash should the firm keep in reserve?

Explanation:

  • The working capital is the capital decision that is a decision that the firms take to combine the policies and the techniques for the management. And also state how the form should keep and use its resources or reserves and also is a measure of the liquidity of the firm and gives the inventors more information to the analysis.
6 0
3 years ago
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