The question that cannot be answered based on the information in the delivery truck data base is 2) What is the average number of customer deliveries made by each truck on a particular day?
<h3>Why can this question not be answered?</h3>
In order to answer this question, the number of customers that each truck delivered to during the day needs to be recorded.
The total number of deliveries will then be added up and divided by the number of trucks making deliveries.
The information on the number of deliveries made is not in the database so this question cannot be answered.
In conclusion, option 2 is correct.
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Answer:
Gross profit Margin 37.41%
Explanation:
The gross profit margin is the quotient between the gross profit and the sales:
Gross profit Margin 0,374089 = 37.41%
Answer:
Explanation:
Pizza quantity Change = 60-50 = 10
Income change = $12000 - $10000 = $2000
Mid point of Quantity of Pizza = (50+60)/2 = 55
Mid point of income = ($12000 + $10000)/2 = $11000
Income elasticity = 10*11,000/2000*55 = 110,000/110,000=1
Pizza is a unit elastic normal good, because percentage change in income = % change in pizza quantity
The primary concerns when first starting your business are: financing and planning
The current ratio is 1.5.
<h3>What is the current ratio?</h3>
Current ratio is a liquidity ratio. Liquidity ratios measure a firm's ability to honour its short terms obligations.
Current ratio is the ratio of current assets to current liabilities. Current assets are assets that would be used up in a year. Current liabilities are debt obligations that would be settled within a year. Current liabilities excludes long-term debt.
The higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations.
Current ratio = current asset /current liability
= 600 / (1500 - 1100)
= 600 / 400
= 1.5
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