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cricket20 [7]
3 years ago
15

A profit margin of 10% indicates that: Multiple Choice for every $1 in net income, the company generates $0.10 in net sales. for

every $1 in net income, the company generates $0.90 in net sales. for every $1 in net sales, the company generates $0.10 in net income. for every $1 in net sales, the company generates $0.90 in net income.
Business
1 answer:
aksik [14]3 years ago
7 0

Answer:

A profit margin of 10% indicates that:

for every $1 in net sales, the company generates $0.10 in net income.

Explanation:

Company B's profit margin measures the degree to which the company makes extra money after deducting the expenses from the sales revenue.  When expressed as a percentage, it indicates how many cents of profit has been generated for each dollar of sales.

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You observe a quotation of the Japnese yen of $0.007. You are, however, interseted in the number of yen per dollar. Thus, you ca
Salsk061 [2.6K]

Answer:

C. indirect; 142.86

Explanation:

Simply put, quotation shows the trading relation between two currencies. There are two basic types of quotation:

- direct quotation represents the value of foreign currency compared to domestic one (in this case a dollar). So, direct quotation represents the value of foreign currency in dollars.

- indirect quotation, on the other hand, does the opposite; it compares domestic currency (a dollar) to a foreign one. Or, indirect quotation represents the number of units of foreign currency per dollar.

So, with this in mind, number of yen per dollar is indirect quotation and its value is calculated when we divide 1 with direct quotation, which is 1/0.007, which equals to 142.86

8 0
3 years ago
Billie Bob purchased a used camera (five-year property) for use in his sole proprietorship in the prior year. The basis of the c
ludmilkaskok [199]

Answer:

$48

Explanation:

Property's been listed in the business and use drops by more than n 50%, we have to use the straight-line method and all prior years' excess depreciation has to be recovered. The asset's been recapture within the five (5) years and the half-year convention will to be applied.

The evaluation for the current year's depreciation before adjusting for the prior year is done as follows

$2,400 × 0.20 × 40% = $192.

But we have to recover prior depreciation of $144 ($2,400 × 0.20 × 60% = $288 taken less $144 (straight-line, ½ year)) that would have been taken.

6 0
3 years ago
The following hypothetical production possibilities tables are for China and the United States. Assume that before specializatio
Degger [83]

The following hypothetical production possibilities tables are for China and the United States. Assume that before specialization and trade the optimal product mix for China is alternative B and for the United States is alternative U. China Production Possibilities Product: A - B - C - D - E - F Apparel: 120,000 - 96,000 - 72,000 - 48,000 - 24,0000 Chemicals(tons): 0 - 24 - 48 - 72 - 96 - 120 U.S. Production Possibilities Product: R - S - T - U - V - W Apparel: 40,000 - 32,000 - 24,000 - 16,0000 - 8,0000 Chemicals(tons): 0 - 16 - 32 - 48 - 64 - 80a. Are comparative-cost conditions such that the two countries should specialize?

5 0
3 years ago
1. Suppose that a small hair styling salon had revenues of $150,000 in a given year. The owner spent $10,000 on utilities, $60,0
Levart [38]

This can be solve by solving first the net profit of the salon and compare it with money if he works at another salon.

Net profit = gross profit – expenses

Net profit = $150,000 – ($10,000 + $60,000 + $50,000)

Net profit = $30,000

$50,000 - $30,000 = $20,000

The owner could earn more if he work at the other salon

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7 0
4 years ago
Multi-Level-Marketing is a quickly growing industry in the United States. Many men and women are deciding to work from home, sel
tiny-mole [99]

Answer:

True

Explanation:

Multilevel marketing is a strategy that consists of creating a hierarchy of workers for product distribution, being very common companies of beauty products, essential oils, and other products that are easy to sell. The strategy works like this: the distributors buy the products of the companies to sell to the final customer, and thus they receive a percentage for the sale of the products. But there is a criticism about this strategy, which can be a pyramid scheme, when there is a greater intention of the company to recruit new distributors than to actually sell its products, because in a pyramid scheme the intention is always to profit to benefit those who are on the top. Generally, companies that operate in an illegal pyramid scheme have strong marketing aimed at recruiting people to purchase products for sale with promises of quick enrichment.

6 0
3 years ago
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