1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
riadik2000 [5.3K]
2 years ago
9

Luther's Operating Margin for the year ending December 31, 2008 is closest to: Group of answer choices 0.5% 0.7% 5.4% 6.8%

Business
1 answer:
svlad2 [7]2 years ago
3 0

Answer:

the operating margin is 5.4%

Explanation:

The computation of the operating margin is shown below:

As we know that

Operating Margin = Operating Income ÷ Sales

= $31.3 ÷ $578.3

= 5.4%

Hence, the operating margin is 5.4%

It could be determined by dividing the operating income from the sales

You might be interested in
The market for corn in Brazil has a large number of sellers and there is no difference in the products sold by each seller. As t
LenaWriter [7]

Answer:

Option (b) is correct.

Explanation:

In a market condition of pure competition, there are large number of buyers and sellers of the product. The sellers in this market condition are behaving like a price taker.

If a single firm wants to increase the price of the product then as a result the demand for their product is reduced or become zero.

There are some characterstics of the firms under pure competition market condition:

(i) They are selling homogeneous products.

(ii) Price taker firms

(iii) Large no. of buyers and sellers

 

8 0
3 years ago
I don’t know what the percentages are for each one
hram777 [196]

Answer:

thats correct

Explanation:

4 0
3 years ago
A company using the periodic inventory system has inventory costing $142 on hand at the beginning of a period. During the period
Fantom [35]

Answer:

$174

Explanation:

The computation of the cost of goods sold is shown below:

As we know that

Cost of goods sold = Opening inventory + Purchase - ending inventory

= $142 + $432 - $400

= $174

By adding the purchase of merchandise and deducting the ending inventory from the opening inventory we can get the cost of goods sold and the same is to be applied

Hence, the cost of goods sold is $174

6 0
3 years ago
Mays, Inc. had net income for 2014 of $1,060,000 and earnings per share on common stock of $5. Included in the net income was $1
Rainbow [258]

Answer:

The dividends on common stock in 2014 for Mays, Inc was:

Dividends paid=$2650

Explanation:

1. You must follow the formula below to find out the Dividends Paid by Mays inc,

Payout ratio = (dividends paid/net earnings for the period) x 100 then,  

Dividends paid= (Payout Ratio/100) x net earnings for the period

Dividends paid= (25%/100)x$ 1'060.000

Dividends paid=$2650

8 0
3 years ago
. Initially, the economy is in long-run equilibrium. The aggregate demand curve then shifts $50 billion to the left. The governm
Romashka [77]

Answer

the correct answer is

Reduce taxes by $5.56 billion dollars. Increase expenditures by $5.56 billion dollars.

good luck ❤

3 0
3 years ago
Other questions:
  • _____ occurs when an advertiser underwrites the total cost of a program.
    10·1 answer
  • Assume that Zambia has a domestic investment of $1500 billion, private domestic savings of $3000 billion, and a government defic
    12·1 answer
  • The price that consumers pay for a product is called the ____________. A. Unit price B. Fixed price C. Wholesale price D. Retail
    8·1 answer
  • Increasing the effectiveness of internal controls would have the greatest effect on
    7·1 answer
  • Bradford Company had sales of $700,000 for a year. The total assets at the beginning of the year were $240,000, and the total as
    13·1 answer
  • Question 6
    5·1 answer
  • n oligopoly Multiple Choice the fewness of firms creates mutual interdependence in pricing among the firms firms have no difficu
    8·1 answer
  • Girls can log onto www.Barbie and design their own special Barbie doll. They can choose the doll's skin tone, hair color, clothe
    12·1 answer
  • As part of the initial screening for possible employment, a nuclear power company administers a psychological test that yields s
    14·1 answer
  • 1. How we can measure uncertainty in the environment?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!