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forsale [732]
3 years ago
13

A company had 6,950,000 net income for the year. Is net sales were 14,700,000 for the same period. Calculate its profit margin.

Business
1 answer:
kobusy [5.1K]3 years ago
5 0
0.46 or 46% hope this helps
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What guidelines will you develop for supervisors to successfully respond to employee questions about unionization? What can your
Morgarella [4.7K]

The correct answer to this open question is the following.

The guidelines you will develop for supervisors to successfully respond to employee questions about unionization would be the following.

The first thing the supervisor can do is establish an open door policy to always listen to employees' concerns. This is of the utmost importance because one of the factors that impact employee's morale is the lack of communication and the sentiment of not being important for the organization.  

An open line of communication from the very top of the hierarchy to the very bottom of the company is of so much help for the workers feel comfortable to express their opinions, and do not try to look for unions to be heard.

What the supervisors can say that is legally permissible in this situation is to inform workers that they have the right to express themselves and be heard, as well as freely join the union they feel most comfortable with, always inviting the worker to first directly address their issues within the company.

8 0
3 years ago
Tam attended Brown University during 2016–2020. She lived at home and was claimed by her parents as a dependent during her entir
MakcuM [25]

The amount of student loan interest that Tam and her spouse can deduct in 2021 is <u>$800</u>.

<h3>What is a qualified student loan?</h3>

A “qualified education loan” is student loan incurred for qualified higher education expenses. A private student loan is a student loan partially outside the cost of attendance to a particular educational institution.  Only qualified education loans attract deduction of interest from tax.

According to the IRS guidelines, the maximum qualified student loan interest for 2021 is $2,500.

<h3>Data and Calculations:</h3>

Tam's education expenses = $10,000

Scholarships = $2,000

Federal student loan = $6,000

Local lending institution = $4,000

Interest in 2021 on federal student loan = $600

Interest in 2021 on local lending = $400

The interest rate = 10% ($600/$6,000 x 100) or ($400/$4,000 x 100).

Non-qualified loan = $2,000 paid by scholarships

Interest on non-qualified loan = $200 ($2,000 x 10%)

Total deductible qualified student loan interest = $800 ($600 + $400 - $200)

Modified AGI with spouse = $132,000

Thus, the amount of student loan interest that Tam and her spouse can deduct in 2021 is <u>$800</u>.

Learn more about deductible student loan interest at brainly.com/question/12146314

5 0
2 years ago
In what IT pathway would you most likely need to be familiar with the system development life cycle?
stealth61 [152]
Hello
the answer is b
have a nice day
8 0
3 years ago
Read 2 more answers
An organization decides to improve its raw material handling process by buying a material handling robot. This is an example of
Leona [35]

Answer:

B. Automation

Explanation:

Option A is incorrect as a human resource cannot be a material handling robot.

Option C is wrong as statistical quality control cannot do the same task as a material handling robot can. Statistical quality control can ensure quality by minimizing risk.

Options D and E are incorrect, respectively, as flexible manufacturing cannot improve the raw materials, and fixed layouts cannot be the element of the raw material process.

Option B is correct as a material handling robot is a machine. Therefore, automation is necessary to improve the raw materials handling process.

8 0
3 years ago
Comet Company is owned equally by Pat and his sister Pam, each of whom hold 100 shares in the company. Comet redeems 50 of Pam's
forsale [732]

Answer:

Comet's E&P will decrease by $50,000 due to the exchange.

Explanation:

50 of Pam's shares are worth 50 x $1,000 = $50,000, since the corporation is redeeming them, it will do so by decreasing its earnings and profits (retained earnings account).

Generally when larger corporations buy back stocks (AKA treasury stocks), they will credit cash and debit treasury stocks, but since Pam's stocks are being retired, they are not going to be held as treasury stocks, therefore E&P must decrease.

6 0
3 years ago
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