Answer:
profit margin 7.77%
<em><u>Interpretation: </u></em> from evey dollar of sales the firm achieves almost 8 cent of net income
inventory turnover ratio 3.45
<em><u>Interpretation: </u></em>the inventory is sold 3 and a half times during the year
Explanation:
the profit margin is the quotient between net income and sales.
127,500 / 1,640,000 = 7.77%
the inventory turnover wil be the cost of good sold over the average inventory during the year
(312,500 + 257,500)/ 2 = 285,000
982,500 / 285,000 = 3,447368421
Answer: The correct answer is choice A - a huge increase in the monetary base.
Explanation: From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2008, the amount of Federal Reserve assets rose, leading to a huge increase in the monetary base.
Answer:
D. Sole proprietorships are taxed at the owner's personal tax rate
Explanation:
Sole Proprietorship can be defined as a simplest form of owning and starting any business. As the term suggests, this business is onwed by an individual only or shared by married couples.
Sole properietorship is easy to set up because the owner need not to register itself to state government, therefore, because of absence of governmental involvement, it is easy to set up or deconstruct sole proprietorship.
<u>From the given options, the statement which is most accurate about a sole proprietorship is option D. The owner of sole proprietorship pays personal taxes on the profits earned by his/her business.</u>
Therefore, option D is correct.
The differences in average income are $6,080, $6169, $18,219, and $19,151.
The table below organizes income from the one with the lowest education level to the highest one. Moreover, there is a general trend in which income increases with education.
Now, to find the difference in average income based on education it is necessary to subtract the income of a lower level to the income of the next educational level.
Less than Highschool vs. High school graduate:
- $31,956 - $25,876 = $6,080
High school graduate vs. some college or Associate's degree:
Some college or Associate's degree vs. Bachelor's degree:
- $56,344 - $38,125 = $18,219
Bachelor's degree vs Profession or Doctorate degree:
- $75,495 - $56,344 = $19,151
Learn more about mathematics in: brainly.com/question/12083755
