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3 years ago

What is gross profit

2 answers:

6 0

Gross profit is net sales minus the cost of goods sold. It reveals the amount that a business earns from the sale of its goods and services before the application of additional selling and administrative expenses.

kherson [118]3 years ago

3 0

Gross profit is the profit a company makes after deducting the costs associated with making and selling its products.You can calculate the gross profit by subtracting the cost of goods sold (COGS) from the revenue. This measure can be used to check how efficiently you produce revenue.

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Choose and describe a business that you would expect to have highly liquid assets and share a photo of that business (or company

Slav-nsk [51]

Answer:

I have chosen Apple Inc.

Explanation:

Apple Inc is a tech giant and manufactures innovative and most differentiated telecommunication products, music products, computer products, application services, etc which is highly valued among its customers. That's the reason why Apple is one of the most highly valued company in the world with almost $137 billion cash balance. This cash balance has been increased by $20 billion in the last three years which shows its higher profitability and that its inventory is highly liquid asset because it is quickly converted into cash. Furthermore, the greater demand of product and customer loyalty has strengthen its position all because of unmatched innovation introduced in each of its product every year. The greater cash balance shows that the company has greater sales and has higher profit margin on its unmatched product.

The picture of Apple headquarter and of its logo are given below:

6 0

3 years ago

Marginal revenue for a monopolist is computed asa.average revenue times quantity divided by price.b.total revenue divided by qua

aksik [14]

Statement that explains Marginal revenue and it can be computed for a monopolist is C:sold.c.change in total revenue per one unit increase in quantity sold.

Marginal revenue can be regarded as central concept in microeconomics which focus on additional total revenue that us been gotten by increasing product sales by 1 unit.

In monopolist,it can be computed by change in total revenue with respect to a unit increase that is been sold.

Therefore, option C is correct.

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brainly.com/question/25404320?referrer=searchResults

7 0

2 years ago

Describe two types of investment accounts that you might use in the future. For each type of account, list at least one reason w

larisa [96]

401k is an investment account that you can use to save your paycheck from your work. Most employers provide this.

A 529 is also another good investment for saving up for college as there are no taxes applied to the investment or income as long as it is used for schooling.

A HSA plan is able to accumulate value for a future health purchase and is also usually taken out of your paycheck. Taxes do not apply so you get the full value of the amount you decide to set aside.

8 0

3 years ago

Mika decides to rent instead of buy because it is the cheapest option over the first 3 years. his move-in costs are one month's

Vika [28.1K]

Its "C" 828 i just took the test

4 0

3 years ago

Ribelin Corporation is adding a new product line that will require an investment of $218,000. The product line is estimated to g

Vikentia [17]

Answer:

C. Payback is 10 years

Explanation:

Payback is the number of years it will takes to recover the initial investment, which in this case translates to: how long will it take for Ribelin Corpration to recover the $218,000 investment given the stated cash-flows.

Year Cash-flow Balance

0 (218,000.00) (218,000.00)

1 32,000.00 (186,000.00)

2 18,000.00 (168,000.00)

3 21,000.00 (147,000.00)

4 21,000.00 (126,000.00)

5 21,000.00 (105,000.00)

6 21,000.00 (84,000.00)

7 21,000.00 (63,000.00)

8 21,000.00 (42,000.00)

9 21,000.00 (21,000.00)

10 21,000.00 -

11 21,000.00 21,000.00

12 21,000.00 42,000.00

By end of year 10, total inflows are exactly equal the initial investment, therefore it will take them 10 years

6 0

3 years ago