Answer:
profit margin 7.77%
<em><u>Interpretation: </u></em> from evey dollar of sales the firm achieves almost 8 cent of net income
inventory turnover ratio 3.45
<em><u>Interpretation: </u></em>the inventory is sold 3 and a half times during the year
Explanation:
the profit margin is the quotient between net income and sales.
127,500 / 1,640,000 = 7.77%
the inventory turnover wil be the cost of good sold over the average inventory during the year
(312,500 + 257,500)/ 2 = 285,000
982,500 / 285,000 = 3,447368421
Answer:
E. Division of the burden of a tax between the buyer and the seller
Explanation:
Tax incidence is an economic term for the division of a tax burden between buyers and sellers. Tax incidence is related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers. If demand is more elastic than supply, producers will bear the cost of the tax.
A large scale organization of professional criminals that controls dome vice or business through violence or the throat of violence is crime syndicate. An example of crime syndicate is the superhero movies that gather a large group of super heros that control everyone else by their potential threat of violence.
Answer: Cost
Explanation:
Regression allows for us to be able to predict the cost of a certain level of production based on past costs and cost behavior.
It works by using the basic formula:
y = mx + c
Y = total cost
M = variable cost
x = volume of production
c = fixed cost
Using this graphical method, the cost of production can be estimated and is therefore very useful in capital budgeting.
Answer:
Balance sheet Income statement statement of cashflows
owner's equity Cost of Goods sold Net changes is cash
land Income Tax Cash balance
Patent Insurance expenses
cash balance Advertising expenses
Account receivable
Long term liability
Explanation:
