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Agata [3.3K]
3 years ago
12

Financial information is presented below:

Business
1 answer:
igomit [66]3 years ago
5 0

Answer:

0.49

Explanation:

First, we need to compute gross profit. See computation of gross profit below;

Sales revenue

$190,000

Less :

Sales returns and allowance

($6,000)

Net sales

$184,000

Less:

Cost of goods sold

($93,000)

Gross profit

$91,000

Therefore,

Gross profit rate = Gross profit ÷ Sales

Gross profit = $91,000 ÷ $184,000

Gross profit rate = 0.49

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Answer:

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Explanation:

Option A,autocratic is not correct since the scenario painted an opposite scenario and autocratic approach to management means the manager tells the subordinates what to do.

Bureaucratic is when decision making is slow because many stakeholders are expected to jointly decide.

However,laissez-faire is an approach where subordinates are allowed to think out of the box and get tasks accomplished without manager's interference.

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3 years ago
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Answer:

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3 0
3 years ago
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