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
gregori [183]
3 years ago
13

A firm has Gross Profit of $3.1 million, cost of sales of $1.6 million, operating expenses of $0.6 million, and "other" income o

f $1.5 million. What is its EBIT? A) $2 million B) $0.3 million C) $4 million D) $0.6 million
Business
1 answer:
diamong [38]3 years ago
4 0

Answer:

C. $4 million

Explanation:

With regards to the above we need to compute first the net profit, before the EBIT.

Gross profit

$3.1 million

Less : operating expenses

($0.6 million)

Net profit

$2.5 million

Therefore, the EBIT is computed as;

EBIT = Net profit + other income

EBIT = $2.5 million + $1.5 million

EBIT = $4.0 million.

The value of EBIT is $4 million.

You might be interested in
It will gain you more knowledge, intensify your soft skills ethics and grow your network
Paha777 [63]
Awareness.

If you can manage a key component of Emotional Intelligence: Active Listening, you’ll start to learn more because people will trust you, you’ll get better with people and meet more, and you’ll start to see success in work and in life.

Combine your ability to actively listen (to hear and understand what people are saying and demonstrate it) with:

Charisma, grativas, animus
Trustworthyness, authenticity, compassion
Empathy, intelligence and understanding
And you’ll get all those things you asked about because you’ll start to realise it isn’t about you: it’s about everyone else.
5 0
3 years ago
Read 2 more answers
5. Imagine you are buying a new guitar. Describe how you would make the purchase using the
Sholpan [36]

Answer:

What I would do is make sure it is a good quality item and see if it is worth my money after that I would go to the cashier and buy my product.

Explanation:

4 0
3 years ago
Suppose the market for cantaloupes is unregulated. That is, cantaloupe prices are free to adjust based on the forces of supply a
Fiesta28 [93]

Answer:

If a shortage exists in the cantaloupe market, then the current price must be lower than the equilibrium price. For the market to reach equilibrium, you would expect buyers to offer higher prices.

Explanation:

As there is shortage in cantaloupe market ( Supply curve shifts to the left), there are not enough cantaloupe to sell to buyers.

So, buyers will compete for lower supply amount of cantaloupe by willing to pay higher price.

With the existence of supply shortage and buyers is willing to pay higher price, the equilibrium price will goes up, thus it will be higher than the current price.

5 0
3 years ago
Where were the critical ww1 battles fought​
alekssr [168]

Answer:

It's Frence.

city of Verdun-sur-Meuse in northeast France

3 0
3 years ago
of inventory can absorb variations in flow rates by acting as a source of supply for a downstream step.
Vanyuwa [196]

Buffer of inventory can absorb variations in flow rates by acting as a source of supply for a downstream step.

<h3>What is a buffer?</h3>
  • In manufacturing, a buffer is used to account for fluctuations in the production process. Consider a buffer as a means to guarantee that your production line will continue to function normally even if unexpected circumstances arise.
  • Having enough supplies on hand to ensure smooth operations is one example of a buffer in manufacturing. To help stabilize any fluctuations they encounter with their supply and demand chains, production capabilities, and lead times, manufacturers will often keep inventories of the raw materials and supplies needed for production on hand, as well as occasionally inventories of finished goods awaiting shipment.
  • Without the proper buffers, manufacturing procedures may sluggish, which would result in more costs and lower profitability.

To know more about buffer with the given link

brainly.com/question/19093015

#SPJ4

8 0
1 year ago
Other questions:
  • Bric Autos Inc., a Campora-based automobile company, made a capital investment of $300,000 to set up production units and distri
    7·1 answer
  • The manager of the customer service division of a major consumer electric company is interested in determining whether the custo
    13·1 answer
  • If you are installing an expansion card into a case that does not have enough clearance above the motherboard for the card, what
    7·1 answer
  • Suppose Apple builds a plant in Taiwan and agrees to take 30% of the plant's output as
    15·1 answer
  • After using market research to identify the target audience for his advertising campaign, jorge will next use this information t
    6·1 answer
  • One factor that is usually higher in less developed countries (LDCs) than in developed countries is _____.
    10·1 answer
  • What is the reflection x-axis or y-axis...W(-7,-4)---W'(7,-4)♥️
    14·1 answer
  • Mark is a resident sound designer in a new theater and needs to purchase equipment. What piece of sound equipment will help him
    15·2 answers
  • Extrinsic rewards: a. are under the control of the individual performing the action. b. are internal in nature. c. include promo
    14·1 answer
  • a local partnership was in the process of liquidating and reported the following capital account balances: justice, capital (40%
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!