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
kkurt [141]
3 years ago
11

How do you calculate the profit on a product?:​

Business
1 answer:
Neko [114]3 years ago
4 0

Answer:

The gross profit on a product is computed as follows:

Sales - Cost of Goods Sold = Gross Profit.

Gross Profit / Sales = Gross Profit Margin.

(Selling Price - Cost to Produce) / Cost to Produce = Markup Percentage.

Explanation:

You might be interested in
What type of Credit allows you to borrow a specific amount and agree to pay in a specific number of payments of equal amounts?
Kryger [21]

bloting i think it is thatn

6 0
3 years ago
Read 2 more answers
In addition to contributing money to a candidate, which is limited to only $5,000, which way does a PAC contribute to campaign e
scoundrel [369]
The answer is B. Gift

a Political Action Committee can designate a charitable organization to receive some sort of gifts equal to their contribution

These gifts can took form in Pins, Stickers, T-Shirt, Posters, etc
7 0
3 years ago
Read 2 more answers
For fixed-rate bonds it's important to realize that the value of the bond has a(n)-Select relationship to the level of interest
pogonyaev

Answer:

Answer is explained in the explanation section below.

Explanation:

It's necessary to remember that the value of fixed-rate bonds is inversely proportional to the level of interest rates. The value of the bond decreases as interest rates rise; moreover, the value of the bond rises as interest rates fall. A Bond with a lower coupon sells for less than its face value. When the going rate of interest is higher than the coupon rate, this condition arises. The value of the asset would increase over time. A higher coupon bond is one that sells for a higher price than its face value. When the going rate of interest is lower than the coupon rate, this condition arises. Its value will gradually decrease until it reaches its maturity value. A par value bond that sells at par, with a coupon rate equal to the current interest rate. The coupon is usually set at the going market rate on the day the bond is sold, so it sells at par at first.

Calculations:

C = Coupon Payments = $60 (Par Value x Coupon Rate)

n = number of years = 10

i = market rate or required yield = 7% = 0.007

K = number of coupon payments in 1 year = 1

P = value at maturity or par value = 1000

Present value of ordinary annuity formula:

Bond Price = C/k * [\frac{1 - \frac{1}{(1 + \frac{i}{k})^{nk}  } }{\frac{i}{k} } ] + \frac{P}{(1 + \frac{i}{k})^{nk}  }

Just plug in the values and you will get:

Bond Price = 60 x 7.02 + 508.35

Bond Price = 421.41 508.35

Bond Price = $929.76

Similarly,

Data:

C = Coupon Payments = $60 (Par Value x Coupon Rate)

n = number of years = 10

i = market rate or required yield = 7% = 0.007

K = number of coupon payments in 1 year = 2

P = value at maturity or par value = 1000

Present value of ordinary annuity formula:  

Bond Price = C/k * [\frac{1 - \frac{1}{(1 + \frac{i}{k})^{nk}  } }{\frac{i}{k} } ] + \frac{P}{(1 + \frac{i}{k})^{nk}  }

Just plug in the values and you will get:  

Bond Price = 30 x 14.21 + 502.57

Bond Price = 426.37 + 502.57

Bond Price = $928.94

8 0
3 years ago
Dorsey Company manufactures three products from a common input in a joint processing operation. Joint processing costs up to the
g100num [7]
Have no clue sorry that is not the answer
8 0
3 years ago
Dividends cause a(n) increase/decrease)_________ in equity and are recorded directly in
Artyom0805 [142]

Answer:

Decrease (debit) in equity, Cash Dividends Payable (credit, liability account)

Explanation:

The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).

(opentextbc.ca)

6 0
3 years ago
Other questions:
  • It is reasonable to state that one object has twice as much of the attribute property when it has a score of 60, and the other o
    5·1 answer
  • Product U23N has been considered a drag on profits at Jinkerson Corporation for some time and management is considering disconti
    7·1 answer
  • What is the present value of $900 annuity payment over 6 years if interest rates are 10%
    12·1 answer
  • . If the U.S. capital markets are not informationally efficient, ______.A. the markets cannot be allocationally efficientB. syst
    9·1 answer
  • The money supply, m, is the total value of all the cash and checking account balances in an economy. it is determined by the val
    5·1 answer
  • The application of marketing strategies and practices not for profit but rather to change or create behaviors that have a benefi
    8·1 answer
  • Sankey. Inc., has current assets of $5,125. net fixed assets of $25,600, current liabilities of $4,500, and long-term debt of $9
    15·1 answer
  • If you choose a Roth IRA, how much income will you pay taxes on?
    12·1 answer
  • Just want to say thank you to everyone on this app thanks to you i passed 7th grade and i know i could not of do it with out you
    14·1 answer
  • housing is a generic term that includes any form of housing that is manufactured by precision techniques in a factory setting an
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!