Answer: 24%
Explanation:
The following information can be gotten from the question:
Current Assets = $ 400,000
Total Assets = 895,000
Cost of Goods = Sold 655,000
Gross Profit = 205,000
Net Income = 125,000
Gross profit percent will be:
Gross profit/(Gross profit + cost of goods sold) × 100
= 205,000/(205,000 + 655,000) × 100
= 205000/860,000 × 100
= 23.8%
= 24%
Answer:
b) Prices will fall and quantity will rise.
Explanation:
A new entrant that offers competitions to taxi services increases the supply of transport services. Customers that had been used to getting services from one source will now have a choice.
As per the law of supply, an increase in supply leads to a decrease in the price. Monopolies set high prices to maximize profits due to a lack of competition. The two companies will try to win customers by offering competitive prices. An increase in competition represents an increase in quantities supplied, which results in lower prices.
Answer:
zero
Explanation:
The sale is made downstream, from the investor company to the investee.
Also, is important to notice Prince hasn't controlling interest, it should has a subtancial participation on Watkinds but the mayority fothe shares are from third parties.
Therefore, there is no unrealized gross profit to defer as the sale was made between different entities.
Answer:
<em>B. Critical success factors (CSFs)</em>
Explanation:
Critical Success Factors, or CSFs, <em>are measures of incentives, events, or requirements needed within such a program or task to achieve a goal. </em>
Prometheus Corp. measures it's staffs performance in the company and awards it accordingly.
These factors vary by organization, representing current and future priorities. Whether it was a restaurant, an insurance broker or a vendor, planning the approach with those things that allow the company to accomplish its task is important.
Such crucial factors mostly have a significant impact on how productive and efficient an organization is in achieving strategic objectives inside the project and are critical to maintaining a competitive edge.