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Aleks [24]
2 years ago
14

A company selling goods subtracts select from sales to determine gross profit.

Business
1 answer:
olga55 [171]2 years ago
3 0

A company selling goods subtract cost of goods sold from sales to determine gross profit.

Cost of goods sold has to do with the costs of manufacturing a products such as:

  • Direct material cost
  • Direct labor cost

In order for a company to know or determine their gross profit for a particular period they will have to deduct their sales from the cost of goods sold.

The formula to determine gross profit is:

Gross profit=Sales -Cost of good sold

Inconclusion a company selling goods subtract cost of goods sold from sales to determine gross profit.

Learn more about cost of goods sold here: <em>brainly.com/question/14866200</em>

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If the equilibrium interest rate in the money market is 5%, then at an interest rate of 2% sellers of interest-bearing financial
expeople1 [14]

Answer: must offer higher

Explanation:

The financial world of investment is inter-correlated and products can sometimes be substitutes for one another. What this means is that if one financial product is not offering enough return on investment or is risky or for any other reason shakes their confidence in it, then investors tend to run to financial products that are perceived as better.

This is why when interest rates are stable and stocks are volatile, stock markets tend to lose value and bond markets sometimes gain value as investors leave the stock market and come to the bond market.

In the scenario described, the interest rate in the money market is 5%. If interest bearing financial assets are only at 2%, investors will leave/ not invest in those interest bearing bonds because the rate is lower. The sellers of such assets will therefore have to make them more attractive by increasing the the interest rates to find willing buyers.

4 0
4 years ago
5. The International Property Right Index scores countries based on the legal and political environment and how well property ri
nexus9112 [7]

Answer:

I used the most recent figures of the international property rights index (year 2019), and the most recent GDP per capita estimamtes by the IMF in purchasing power parity. (year 2019)

Three countries with high scores, with GDP per capita (PPP):

  1. Finland - score of 8.712 - U$ 46.430
  2. Switzerland - score of 8.571 - U$ 64.649
  3. United States - score of 8.202 - U$ 62.606

Three countries with low scores, with GDP per capita (PPP):

  1. Ukraine - score of 4.432 - U$ 9.283
  2. Pakistan - score of 3.874 - U$ 5.680
  3. Haiti - score of 2.703 - U$ 1.864

The pattern that we find is that there is a strong correlation between the International Property Right Index scores and the GDP per capita figures. This is consistent with the findings in other similar rankings such as the Global Competitiveness Report, published by the World Economic Forum, and the Economic Freedom Index, published by the Heritage Foundation.

What can be interpreted is that property rights, and the strong enforcement of those property rights promote economic development and growth. This is because the protection of private property stimulates human action. For example, the United States has a strong judiciary, and rule of law. In this country, people can invest their money in a project with the certainty that those invesments will not be expropriated by an arbitrary judiciary. This promotes development because investing leads to higher economic output.

Those same incentives do not exist in countries that do not enforce property rights, and that is one of the main reasons why they are poor.  

4 0
3 years ago
The passage is primarily concerned with(A) evaluating a method used to test a particular scientific hypothesis(B) discussing exp
oksian1 [2.3K]

Answer:

The correct answer is (B) discussing explanations for an unexpected scientific finding.

Explanation:

A serendipity is a discovery or a fortunate, valuable and unexpected finding that occurs accidentally, by chance or by destination, or when a different thing is being sought. It can also refer to the ability of a subject to recognize that he has made an important discovery even if it is not related to what he is looking for. Serendipities are frequent in the history of science. There are also cases of serendipity in literary works, when an author writes about something he has imagined and is not known in his time, and it is subsequently shown that this exists as defined by the writer, with the same details. It should not be confused with anticipation or science fiction, where much more generic inventions are advanced than almost everyone thinks they will probably exist one day.

6 0
3 years ago
All of the following are business-level cooperative strategic alliances EXCEPT: a. competition response strategic alliances. b.
wel

<u>Answer:</u>

All of the following are business-level cooperative strategic alliances EXCEPT D) Synergistic strategic alliances.

<u>Explanation:</u>

Business-level Cooperative strategies are used by the firms when they want to grow and improve the performance in the market of individual products. All this is achieved through various strategic alliances: Complementary Strategic Alliance, Competition-response, Uncertainty-reducing, and Competition-reducing strategic alliance. These alliances help overcome various problems of a business in the corporate world.

After listing all these strategies, it is clear that a Synergistic strategic alliance is not a part of business-level cooperative strategic alliances which means that option D is the correct choice.

Synergistic strategic alliance is a kind of agreement among business entities where they can work together to increase their overall output.

6 0
4 years ago
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Yuki888 [10]
Answer: Decrease your take-home pay and decrease your federal income taxes in the current year. A 401k allows you to deduct earnings from your current income, and put that money in an account that cannot be opened until around retirement. The money put into a 401k, and the returns earned on that money through interest or investments, is not taxed as income until you take it out after retirement. This means that, when you put some of your earnings in a 401k, your take-home pay is lower for that year (you can't spend that money) and your income tax is reduced. 
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