Answer:
13.01%
Explanation:
Gross Margin Ratio = ![\frac{Net Sales - Cost of Goods Sold}{Net Income}](https://tex.z-dn.net/?f=%5Cfrac%7BNet%20Sales%20-%20Cost%20of%20Goods%20Sold%7D%7BNet%20Income%7D)
Gross Margin Ratio = ![\frac{676,000 - 236,810}{33,750}](https://tex.z-dn.net/?f=%5Cfrac%7B676%2C000%20-%20236%2C810%7D%7B33%2C750%7D)
Gross Margin Ratio = ![\frac{439,190}{33,750}](https://tex.z-dn.net/?f=%5Cfrac%7B439%2C190%7D%7B33%2C750%7D)
Gross Margin Ratio = 13.01%
Gross Profit Margin is represented as (Percentage) %. Now, the Gross profit margin is really worth investigating. It not only helps when comparing Gross Profit Margin with competitors but is also helpful in investigating and comparing previous year's Gross Profit Margin. If the Gross Profit Margin fallen there could be number of reasons for this, one might be the cost of goods sold has gone up. On contrary, on the other hand the increase in Gross Profit Margin might be because of increase in selling prices.
Use this formula:
A= P(1+rt),
A is the final investment amount (4424.50x10)
P is the principal amount (25,000)
r is the rate of interest (annual)
t is the time period (10)
If A= P(1+rt),
then (1+rt) = A/P.
(1+r(10)=( 44,245)/25,000
10r=1.7698-1
r=.7698/10
<span>r=.07698 or 7.698%</span>
Inadequate competition can lead to market failure. The correct answer is B, market failure.
Answer:
He does not need to file a tax return
Explanation:
International students on F, J, M, or Q visas are considered “exempt individuals,” which means you are excused from the Substantial Presence Test for the first 5 years you are in the US if you are an international student. A substantial Presence test is the criterion used by the IRS (Internal Revenue Service) in the US to determine if an individual is a citizen for tax purposes or not. Since Wei came into the United States in 2014, and this is 2017 he has not yet exhausted the 5 year period.