1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
You might be interested in
Fresnas Designs Inc. is a company known for its quality interior decorations, customized service, and affordable prices. Given t
kicyunya [14]

Answer:

Earning Satisfactory Profits

Explanation:

Based on the information provided within the qeustion it seems that the management of Fresnas Designs Inc. bases its pricing policy on Earning Satisfactory Profits. This is basically when a company revolves all their decisions around trying to make a reasonable level of profits that is consistent with the level of risk that they face. Which is what Fresnas is doing by pricing their products reasonably as opposed to pricing them higher even thought hey can.

8 0
3 years ago
The incidence of a tax is determined by which group (buyers or sellers) must actually pay the government. When demand is inelast
Bezzdna [24]

Answer:

The incidence of a tax is determined by which group (buyers or sellers) must actually pay the government. FALSE, the real effect of taxes is measured by the price elasticity of the demand and the supply.

When demand is inelastic and supply is elastic, the burden of a tax falls mainly on producers. FALSE, when the price elasticity of demand is inelastic and the price elasticity of supply is elastic, the burden of tax falls mainly on the consumers.

When demand is elastic and supply is inelastic, the burden of a tax falls mainly on consumers. FALSE, when the price elasticity of demand is elastic and the price elasticity of supply is inelastic, the burden of tax falls mainly on the suppliers.

An excise tax can distort incentives and create missed opportunities for mutually beneficial transactions. TRUE

5 0
3 years ago
The concept that consists of the distinct phases that a family progresses through from formation to retirement, each phase bring
suter [353]

Answer:

The correct answer is: family life cycle.

Explanation:

The family life cycle refers to the natural stages families go through over time. There is no set path these stages follow but the most common steps in the life cycle of a family are <em>leaving home -single young adults, joining families through partnership, families with young children, families with adolescents, launching children and moving on, </em>and <em>families in later life</em>.

5 0
3 years ago
Gore Global is considering the two mutually exclusive projects below. The cash flows from the projects are summarized below.
coldgirl [10]

Answer:

D

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Flying Car

Cash flow in year 0 = -$200,000

Cash flow in year 1 = 50,000

Cash flow in year 2 = 50,000

Cash flow in year 3 =80,000

Cash flow in year 4 =100,000

IRR = 13%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

7 0
3 years ago
Should be subtracted from the sales price per unit to compute the unit contribution margin.
julia-pushkina [17]
All variable costs s<span>hould be subtracted from the sales price per unit to compute the unit contribution margin.</span>
4 0
4 years ago
Other questions:
  • In what FBLA region is Arkansas included​
    6·1 answer
  • Select two skills and two personal values from the list in the article that you feel you have to offer in the workplace. Discuss
    8·1 answer
  • The _______ has rapidly become part of the culture in the United States and elsewhere, as people increasingly consider the impac
    13·2 answers
  • Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The followin
    12·1 answer
  • Most Apple retail stores have a Genius Bar staffed with highly trained personnel who can help customers with their purchases of
    14·1 answer
  • There are distinctive differences between private market and public government operations. Private goods and public goods have d
    15·1 answer
  • If workers are more educated, then short-run aggregate supply ___________.
    11·1 answer
  • Marigold Corp. gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books
    12·1 answer
  • Crawford Corporation incurred the following transactions.
    6·1 answer
  • Which shortcut can you use to rename a worksheet.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!