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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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Learning curves are useful for measuring work improvement for repetitive, simple jobs requiring short times to complete.

WINSTONCH [101]

False. Learning curves have limited application for assembly-lines with short, repetitive jobs.

8 0

3 years ago

Who owns mutual savings institutions? the stockbrokers who buy and sell shares the individuals who deposit money in the institut

garri49 [273]

Mutual savings banks are owned by their depositorrs and run by and a self-perpetuating board of directors similary to federal savings and loan associations.

7 0

3 years ago

If Jamie Lee does not want to pay more than $285 a month and is unwilling to take a loan for more than five years what is the ma

ioda

Based on the number of years that Jamie Lee wants to take the loan and the monthly payment, the maximum she is willing to pay is $17,100.

<h3>How much is the maximum that Jamie Lee wants to pay?</h3>

This can be found as:

= Maximum monthly payment x Number of months to pay

Solving gives:

= 285 x 5 years x 12 months a year

= 285 x 60 months

= $17,100

Find out more on maximum willingness to pay at brainly.com/question/19131867.

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6 0

2 years ago

If a corporation issued $3,000,000 in bonds which pay 10% annual interest, what is the annual net cash cost of this borrowing if

Anni [7]

Answer:

$210,000

Explanation:

Cost of Borrowings (Interest expense) = Amount of Borrowings * Rate of Interest = $3,000,000 * 10% = $300,000

Tax on Borrowings = Cost of Borrowings * Rate of tax = $300,000 * 30% = $90,000

Net Cost of Borrowings = Cost of Borrowings - Tax on Borrowings

Net Cost of Borrowings = $300,000 - $90,000

Net Cost of Borrowings = $210,000

So, the annual net cash cost of this borrowing if the income tax rate is 30% is $210,000.

8 0

3 years ago

Francis interviews two candidates for an administrative assistant position that will require a fair amount of project management

Sholpan [36]

Answer:

The correct answer is (c)

Explanation:

In this situation, Francis will select the second candidate based on his cognitive abilities. There are various aspects which employers would like to see in a candidate, for example, education, experience, professionalism and many other qualities including cognitive abilities. Cognitive ability shows candidates seriousness towards a job their abilities, how focus they are and their mental strength.

5 0

3 years ago