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Vlada [557]
3 years ago
13

How can the owners of Antoun Hair Salon determine whether they made a

Business
1 answer:
bija089 [108]3 years ago
3 0

Answer:

The answer is (D) By subtracting all the costs from the amount of money the customers paid.

Explanation:

When we get the total costs and the amount customers paid we just need to subtract to get the profit made that month.

(m being total amount of money, c being the costs and p being the profit)

m - c = p

think of it this way, if we have an empty bag and each person that comes by puts one candy on the bag and 10 people come by we get a total of 10 candies, then we eat 5 candies to satisfy our desire for candy then we are left with 5 candies.

(the 10 people being customers, the 5 candies being the costs and the leftover 5 candies being the profit)

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In its 2016 annual report, Caterpillar Inc. reported the following (in millions): 2016 2015 Sales $38,537 $47,011 Cost of goods
Rom4ik [11]

Answer:

B. Gross profit decreased from 28.6% to 26.5%

Explanation:

As for the provided information, we have

Particulars                    Year 2016             Year 2015

Sales                              $38,537                $47,011

Cost of goods sold        $28,309               $33,546

Gross Profit                   $10,228                 $13,465

Gross profit as a percentage of sales shall be:

Year 2016 = \frac{10,228}{38,537} \times 100 = 28.54

Year 2015 = \frac{13,465}{47,011} \times 100 = 28.64

As the percentage is higher of 2015 by 0.1%

The statement B which states that the gross profit has reduced is correct.

6 0
3 years ago
The demand curve that talero faces is identical to which of its other curves? check all that apply.
ANTONII [103]
It is the marginal revenue curve. Since a superbly focused firm faces a splendidly elastic demand curve to the market value, it can offer any amount it picks at this cost. This appears as the horizontal demand curve at the market price.Because all units delivered are sold at the market cost, the adjustment incomplete income that outcomes from a one­unit increment in the amount sold are equivalent to the cost. Hence, marginal revenue curve is the same as the company's request bend and plots as an even line at the market cost
3 0
3 years ago
Majesty Productions accepted a $7,200, 120-day, 6% note from Swartz Studio on March 1. On the date the note matures, Swartz is u
weeeeeb [17]

Answer:

D. Debit Accounts Receivable $7,344; credit Interest Revenue $144; credit Notes Receivable $7,200.

Explanation:

Interest: $7,200 × .06 × 120/360 = $144

The entry that Majesty should record on the maturity date for this dishonored note is :

Debit Accounts Receivable $7,344

Credit Interest Revenue $144

Credit Notes Receivable $7,200.

5 0
3 years ago
Read 2 more answers
A disadvantage of the free cash flow valuation method is A. The free cash flow method is not used widely in practice. B. The ter
SSSSS [86.1K]

The main disadvantage of the valuation method is that the terminal value tends to dominate the total value in many cases.

In a free cash flow valuation, the intrinsic value equals present value of its free cash flow and thus, the net cash flow is left over for distribution to stockholders and debt-holders in each period.

  • So, the disadvantage of the free cash flow valuation method is that the terminal value tends to dominate the total value in many cases.

Hence, the Option B is correct.

Read more about this here

<em>brainly.com/question/22593826</em>

7 0
2 years ago
A German company wants to buy dollars to purchase U.S. bonds. In the open-economy macroeconomic model of the U.S., this transact
lilavasa [31]

Answer:

The correct answer is d. the supply of currency in the foreign exchange market, and the demand for loanable funds.

Explanation:

In an open economy, we must add the external sector, which includes the Trade Balance or net exports and the Capital or Financial Balance.

Net exports, being part of aggregate expenditure, are incorporated into the SI. However, the inflows and outflows of payment commitments or international financial assets are recorded in the capital account, which gives rise to a new curve, the BB.

We know that in an open economy, monetary phenomena depend on the exchange system that the country follows: fixed or flexible exchange rate.

Under a fixed exchange rate, the variable that is permanently and permanently adjusted to an imbalance in the money market is international reserves.

Under the flexible exchange rate, the adjustment variable is the exchange rate.

With a fixed exchange rate, an increase in the money supply pressures upward on the level of domestic prices, which encourages imports and discourages exports, causing us to lose competitiveness against our business partners. This translates into a permanent and definitive loss of international reserves, which thus constitute the adjustment variable, that is, the monetary phenomenon.

7 0
3 years ago
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