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aleksley [76]
3 years ago
11

Given the following data:

Business
1 answer:
BigorU [14]3 years ago
4 0

Answer:

C. 70%.

Explanation:

Calculation for the net income

Using this formula

Net income=Net income/Net Sales

Let plug in the formula

Net income= $300,000/ $430,000

Net income=70%

Therefore the net income would be expressed as 70%

You might be interested in
When the price is ________ the equilibrium price, we would expect there to be a ________, causing the market to put ________ pre
Gekata [30.6K]

Answer:

E. above; surplus; downward

Explanation:

The options to this question wasn't provided. The full question can be found here : https://www.chegg.com/homework-help/questions-and-answers/price-equilibrium-price-would-expect-causing-market-put-pressure-price-went-back-equilibri-q29621799

When price is above equilibrium price, the quantity supplied exceeds quantity demanded. This leads to a surplus. This places a downward pressure on price. Price falls until equilibrium price is restored.

When price is below equilibrium price, the price of goods become cheaper. The quantity demanded increases while the quantity supplied falls. This leads to a shortage and places an upward pressure on price. Price rise until equilibrium price is reached .

I hope my answer helps you.

3 0
3 years ago
Can you help with this riddle : he married many woman but has never married​
Natali [406]

Answer:

A priest

Explanation:

6 0
3 years ago
Read 2 more answers
The main difference between a discretionary and nondiscretionary accrual is: Discretionary accruals are items that management ha
Virty [35]

Answer:

The correct answer to the following question is option A) Discretionary accruals are items that management has full control over .

Explanation:

Non discretionary accruals can be described as those expenses ( that are obligatory in nature ) which are yet to be realized by the company but such expenses are already recorded in the books of accounts . Examples of such expenses can be like employees next month salaries.

Discretionary accruals can be described as those expenses ( that are non obligatory in nature ) which are yet to be realized by the company but such expenses are already recorded in the books of accounts . Example of such expenses are bonuses for the employees . These are such expenses on which management has full control ,as it not an obligation for a company to incurred such expenses.

6 0
4 years ago
Which of the following is true about organizational culture? The strength of an organization's culture refers to how widely and
Komok [63]

Answer:

The strength of an organization's culture refers to how widely and deeply employees hold the company's dominant values and assumptions

Explanation:

The culture of an organization shows the working culture of the organization. It consists of duties, responsibilities, beliefs,values, ethics, policy, procedures that are to be followed by the all employees in the organization. There should be a good working culture so that everyone gots motivated so that they perform their task better  

Therefore according to the situation the option is A as it refers to the culture of the organization that understands that how broadly needs to understand the employees so that we can improve the profit of the organization by taking care of beliefs and values.

7 0
3 years ago
On January 1, 2016, Pearson Corp has beginning inventory of 240 surfboards. Pearson estimates it will sell 400 units during the
Zanzabum

Answer:

Pearson Corp

Budgeted Sales Revenue for the third quarter of 2016:

The budgeted sales revenue = $88,200 (441 x $200)

Explanation:

If First Quarter Sales = 400 units

Second Quarter Sales = 420 units (400 x 1.05)

Therefore, Third Quarter Sales = 441 units (420 x 1.05)

Another way to work it out is to compound the rate for two years:

(1.05)ⁿ = (1.05)∧2 = 1.1025

Sales in first quarter = 400 x $200 = $80,000

Sales in third quarter = $80,000 x 1.1025 = $88,200

The compounding of the rate of increase yield a compound factor that can be applied to the value of the sales in the first quarter to arrive at a sales value for the third quarter without working out the sales value for the second quarter also.

8 0
4 years ago
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