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3 years ago

This is calculated by dividing the net profits by net sales.

Business

1 answer:

Triss [41]3 years ago

3 0

Answer:

Profit margin

Explanation:

Profit margin = Net profits / Net sales

Company can earn insight into a company's earnings by looking at its sales strategy, pricing structure, and productivity improvements using net profit margin.

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Stella is a volunteer at her church during bingo night. At the end of the night, it is her responsibility to take the evening's

nadya68 [22]

Larceny is the answer i believe

7 0

3 years ago

A weak dollar is normally expected to cause: a. high unemployment and low inflation in the U.S. b. high unemployment and high in

AleksandrR [38]

Answer:

d. Low unemployment and high inflation in the U. S. 1

Explanation:

A weak dollar is normally expected to cause: low unemployment and high inflation in the U.S.

While, A strong dollar is normally expected to cause high unemployment and low inflation in the U.S.

7 0

3 years ago

On November 10 of the current year, Cherokee Industries sold materials to a customer for $8,000 with credit terms 2/10, n/30. Ch

irga5000 [103]

Answer:

C.Accounts receivable 7,840 Cash discounts 160 Sales 8,000

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one.

a. Accounts receivable 8,000 Sales 8,000

b. Accounts receivable 7,840 Sales 7,840

c. Accounts receivable 7,840 Cash discounts 160 Sales 8,000

d. Accounts receivable 8,000 Cash discounts 160 Sales 7,840

My answer:

Given:

Materials sold = $8,000

Credit terms = 2/10, n/30

Journal Entry for record sale on 10th November

Date Account Debit Credit

Nov 10 Cash $8000

Account receivable $7840

(8000 × 98%)

Sales discount $160

So Accounts receivable 7,840 Cash discounts 160 Sales 8,000 we choose C

6 0

4 years ago

Read 2 more answers

Wattan Company reports beginning inventory of 11 units at $65 each. Every week for four weeks it purchases an additional 11 unit

larisa86 [58]

Solution:

Activity Units Units cost Cost of Goods Available

Beginning Inventory 11 $65.00 $715

1st week purchase 11 $66.00 $726

2nd week purchase 11 $67.00 $737

3rd week purchase 11 $70.00 $770

4th week purchase 11 $75.00 $825

Units available for sale 55

Cost of goods available for sale $3,773

5 0

3 years ago

Selling price per unit = £0.63

ikadub [295]

Answer:

368 units

Explanation:

The Break-even point is calculated by dividing fixed cost by the contribution margin per unit.

Fixed cost = £140

Contribution margin per unit = Selling price per unit - variable cost per unit

Selling price = £0.63 : Variable cost : £0.25

Contribution margin per units =£0.63 - £0.25

=£0.38

Break-even point = £140 / £0.38

=368.42

=368 units

5 0

3 years ago