Answer:
34.6%
Explanation:
The formula to compute the company's profit margin is shown below:
Profit margin = (Net income) ÷ (sales revenue) × 100
= ($92,400) ÷ ($267,000) × 100
= 34.60%
It shows a relationship between the net sales or sales revenue and the net income which is earned by the company. All other items which are mentioned in the question are irrelevant. So, these are not considered in the computation part. Hence, ignored it
Answer:
Break even = $50 per visit
$100,000 profit = $60 per visit
Explanation:
In order to break even, the total revenue of the expected 10,000 visits must equal the costs necessary to perform them. The cost per visit is the only variable cost with the others being fixed costs:
In order to break even, the hospital must charge $50 per visit.
In order to earn an annual profit of 100,000, That profit must be spread out over the 10,000 visits, the profit required per visit is:
Since the break even price is $50, the hospital must charge $60 to earn an annual profit of $100,000.
<span>In the context of populations in the united states, millennials "</span>are now more in number than baby boomers".
Millennial was not a word you heard all that regularly only a couple of years ago, it is a personality given to a comprehensively and enigmatically characterized gathering of individuals. It is very less frequently alluded to as Generation Y, Millennials are the gathering of youngsters that are born between the mid 1980s and the mid 2000s.
Is this the whole question ???