Korey’s gross profit margin last month is 55.7%.
What is the gross profit margin?The gross profit margin is a profitability raio. Profitability ratios measures the efficiency with which a company generates profit from its asset. Gross profit margin measures the return on sales.
Gross profit margin = net income / gross profit
$1850 / 3320 = 0.557 = 55.7%
To learn more about profit margin, please check: https://brainly.com/question/26208770
Amount of paycheck often called take home pay
Current Benefit Or Net Pay
I NEED THIS FAST PLEASE
Due today!
Which of the following scenarios best reflects a list price?
A. Earrings that are buy one get one free
B. A bike that is half off because of a holiday promotion
C. Socks that have a suggested retail value of $39.99
D. A dress that is 25% off
Answer:
C. Socks that have a suggested retail value of $39.99
The following scenarios best reflect a list price of Socks that have a suggested retail value of $39.99. Thus the correct option is C.
What is the list price?The specified price at which some is advertised for sale through a specific channel, such as a factory, a retail store, a catalog, or a retail, wholesale, or distributor website is The list price.
The difference between the listing price and the sale price of a property is known as the "listing price," also referred to as the "asking price."The highest price at which a thing may be sold is its list price.
The cost at which a seller decides to put their house on the market is known as the list price. You can specify a particular range of costs and make them exclusive to a certain clientele using a pricing list.
Therefore, option C is appropriate.
Learn more about the list price, here:
https://brainly.com/question/3995212
#SPJ2
Use the following information for the Exercises below. Skip to question [The following information applies to the questions displayed below.] Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,200 units at $280 each) $ 3,136,000 Variable costs (11,200 units at $210 each) 2,352,000 Contribution margin 784,000 Fixed costs 567,000 Pretax income $ 217,000 Exercise 18-17 Target income and margin of safety (in dollars) LO C2 1. Assume Hudson Co. has a target pretax income of $156,000 for 2020. What amount of sales (in dollars) is needed to produce this target income? 2. If Hudson achieves its target pretax income for 2020, what is its margin of safety (in percent)? (Round your answer to 1 decimal place.)
Answer:
1. $2,892,000
2. 21.58%
Explanation:
1. Calculation to determine What amount of sales (in dollars) is needed to produce this target income
First step is to calculate the Contribution margin ratio
Contribution margin ratio =$784,000 /$ 3,136,000 Contribution margin ratio= 25%
Now let calculate the Required sales using this formula
Required sales = (Fixed cost+Target income)/Contribution margin ratio
Let plug in the formula
Required sales= ($567,000 +$156,000)/0.25 =
Required sales=$723,000/0.25
Required sales=$2,892,000
Therefore the amount of sales (in dollars) needed to produce this target income will be $2,892,000
2. Calculation to determine margin of safety (in percent)
First step is to calculate the Break even sales
Break even sales = ($567,000/0.25)
Break even sales= $2,268,000
Now let calculate Margin of safety (%
Margin of safety (%) =$2,892,000- $2,268,000)/$2,892,000
Margin of safety (%)=$624,000/$2,892,000
Margin of safety (%)=0.2158
Margin of safety (%)=21.58%
Therefore margin of safety (in percent) will be 21.58%
A SWOT analysis stands for what
Answer:
Strengths, Weaknesses, Opportunities, and Threats analysis
Explanation:
explain the term democracy!!
OFFERING 20 POINTS Whitney's proposal to build 10,000 guns relied on what two important elements found in the modern manufacturing process? interchangeable parts and assembly lines economies of scale and interchangeable parts centralization and efficiencies of scale unions and unskilled labor
Answer:
interchangeable parts and assembly lines
Explanation:
How can employees in the marketing industry use time management skills to meet deadlines?
Answer: Employees in the marketing industry can use time management skills to meet deadlines by setting out a plan to complete the tasks.
24. The company is considering two independent projects with an initial cost of $18,000 each. The cash inflows of Project A are $3,000, $7,000, and $10,000 for Years 1 to 3, respectively. The cash inflows for Project B are $3,000, $7,000, and $15,000 for Years 1 to 3, respectively. The required return is 12 percent and the cutoff discounted payback period is 3 years. Based on discounted payback, which project(s), if either, should be accepted
Answer: Project B
Explanation:
To find out the project that should be accepted based on the discount rate and the cut-off discounted payback periods, find the present value of the three year cashflows of each project. If it is larger than the initial investment then it should be accepted:
Project A
= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 10,000 / (1 + 12%)³
= $15,376.73
Project A's present value is less than the initial investment of $18,000 so it should not be chosen.
Project B
= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 15,000 / (1 + 12%)³
= $18,935.63
Project B's present value is larger than the initial investment of $18,000 so it should be chosen.
Pandora allows users to
A. interact with other users.
B. run free background checks.
C. stream radio to mobile devices or computers.
D. protect themselves against identity theft.
Answer:
C
Explanation:
Can someone please help me with this!!!!
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
what is the source document for payment on account
Answer:
RECEIPT
Explanation:
Receipt is an evidence of making the payment on account of any business transaction. This source document is prepared for showing the proof of giving any cash to the party (who receives the cash) on account of any business transaction.
Which of the following budgets
would be considered balanced?
A budget where the amount you spend is greater than the amount you
earn.
A budget where the amount you earn is equal or less than to the amount
you spend.
A budget where the amount you save is less than the amount you spend.
A budget where the amount you spend is equal or less than the amount
you earn.
Relevant Cash Flows Kenny, Inc., is looking at setting up a new manufacturing plant in South Park. The company bought some land six years ago for $5.3 million in anticipation of using it as a warehouse and distribution site, but the company has since decided to rent facilities elsewhere. The land would net $7.7 million if it were sold today. The company now wants to build its new manufacturing plant on this land; the plant will cost $29.3 million to build, and the site requires $1.41 million worth of grading before it is suitable for construction. What is the proper cash flow amount to use as the initial investment in fixed assets
Answer: $38,410,000
Explanation:
When recording investments in fixed assets, it is best to use the market value at the time.
The market value of the land will therefore be the relevant cost here.
Initial investment in fixed assets = Market value of land + Cost to build plant + Cost of grading
= 7,700,000 + 29,300,000 + 1,410,000
= $38,410,000
maple products is a manufacturer of electronic goods that markets its products in several countries across the world. The company makes usre that the spare parts of the products are availble in all their markets and also ensures that the technical personnel in their retail outlets are adequately trained to repair their products. In the context of the dimensions of quality, as suggested by David a. garvin, the efforts taken by the company will enhance the ____ dimension of its product quality
Answer:
serviceability
Explanation:
Maple products markets electronic goods in several countries across the world.
The company makes sure that the spare parts of the electronic goods can be bought easily from the market and the technical personnel in their retail outlets are also trained efficiently to repair their the electronic goods or the products.
The efforts taken by the company will enhance the serviceability dimension of its product quality
would anyone like to ............ watch anime
Answer:
aot
Explanation:
last episode soon
Gillian is a real estate licensee who attends a party at the home of a mortgage broker, Tim, with whom she has worked in the past. At the party, Tim offers her tickets to a concert, saying that he can’t use them. She accepts gladly, and laughs when Tim says as he hands the tickets over, "And all I ask in return is that you send a customer or two my way!" Is Gillian guilty of a violation? Unset starred question No, but Tim is. No, there is no violation. Not unless she neglects to disclose the exchange and the value of the tickets to her broker within three days. Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Answer:
Yes, Gillian is guilty because she has accepted what is essentially a referral fee from a mortgage broker.
Explanation:
Real Estate Settlement Procedures Act (RESPA) are a set of guidelines for licencing agents and real estate agents that is aimed at bringing transparency to settlement costs of properties.
It prohibits referral fees and kickbacks with the view of reducing final closing price to consumers.
In the given scenario Tim offers Gillian tickets to a concert, saying "And all I ask in return is that you send a customer or two my way!"
This is considered to be a referral fee which is in violation of RESPA.
The best time to visit a college campus is:
A: During spring break
B: Over the summer
C: on any Friday
D: Monday Through Friday
Ap3x
Answer:
D.
Explanation:
The best time to visit a college campus is over the summer. Thus, option 'D' is the correct option.
When is the best time to do college tours?Since many universities start their autumn term as early as mid-August, it is ideal to visit during the late summer and early September before senior year. If you've already done your study in college, the spring of your junior year is a terrific time. If you participate in autumn sports or are thinking about applying under early action or early decision programs, which often have application deadlines in November of your senior year, spring break is also an excellent idea.
Seniors might find it more beneficial to postpone their visits until the fall or winter. Seniors may be able to restrict their college choices at that time. To entice them to enrol, several institutions offer their chosen prospects to stay a few days on campus before the May 1 reply deadline.
Learn more about college campuses, here:
https://brainly.com/question/13743177
#SPJ2
Clyde purchased a 4000K television online from Best Buy. The television retails for $749, but Best Buy also offered a 15% discount off the retail price. If the tax rate is 8.25%, how much did Clyde pay for the television at checkout? Round to two decimal places. $702.54 $689.17 $810.79 $729.71
Answer:
$689.17
Explanation:
In order to find the answer, first you have to calculate the price of the TV after the 15% discount by calculating 15% of the price and subtracting that result from the price:
$749*15%=112.35
$749-$112.35=$636.65
Now, you have to found the amount of the tax and add that to the price:
$636.65*8.25%=$52.52
$636.65+$52.52=$689.17
According to this, the answer is that Clyde paid $689.17 for the television at checkout.
Salaries and wages are an example of this operating expense.
O professional services
O licenses
O phone and utilities
O payroll
NEED HELP ASAP, WILL GIVE BRAINLIEST
Which are indicators that economists use to measure how an economy grows? Select all that apply.
monitoring election results
measuring how much the economy produces
monitoring the popularity of different music groups
studying the economy of another country
tracking the unemployment rate
A company sells 15,000 units of its single product annually. Annual revenues are $450,000, variable costs are $315,000, and fixed costs are $125,000. The company is considering whether to accept a special order for 3,000 units at the price of $24 each. Fixed costs will remain unchanged if the company accepts the order. The company only has production capacity to make a total of 16,000 units of the product in any given year. If the company accepts the special order, what is the impact on the company’s profit?
Answer:
Decrease in profit = $9,000
Explanation:
The impact on the profit would be the sum of the increase in contribution from the special order less the lost contribution by forgoing the standard order.
Accepting the special order of 3,000 units would mean losing standard contribution on 2,000 units from the current sales unit of 15,000. Remember the company only has excess capacity of 1, 000 units i.e (16000-15,000) So, the additional 2,000 units would need to be forgone at standard price.
Variable cost per unit = 315,000/15,000 = $21
Standard selling price = 450,000/15,000 = $30
Special order price = $24
$
Additional contribution from special order = (24-21) × 3,000 = 9,000
Lost contribution from forgoing standard order (30-21) × 2000 =(18,000)
Decrease in profit (9,000)
By accepting the special order, the company would lose $9,000 of its profit
Sandra acquired a passive activity three years ago. Until last year, the activity was profitable, and her at-risk amount was $300,000. Last year, the activity produced a loss of $100,000, and in the current year, the loss is $50,000. Assuming Sandra has received no passive activity income in the current or prior years, her suspended passive activity losses from the activity are: a. $90,000 from last year and $50,000 from the current year. b. $100,000 from last year and $50,000 from the current year. c. $0 from last year and $0 from the current year. d. $50,000 from the current year.
Answer:
c. $0 from last year and $0 from the current year.
Explanation:
$300,000 - $100,000 = $200,000 new at risk basis at the end of last year
at risk basis at the end of current year = at risk basis at the end of last year - current year's loss = $200,000 - $50,000 = $150,000
since at risk basis is still $150,000 (not negative), there is no suspended passive activity loss
HELP ASAP
Collaborating normally takes longer than ______ when engaging in conflict resolution
A. Denying the issue
B. Fighting
C. Compromising
D. Smoothing over the problem
Answer:
A. Denying the issue
Explanation:
a.
3. A written communication between two departments of a company would be made by:
Letter
b. Memo
Intercom
d. Viewdata
C.
internet service providers
Chelsea got a job after school and works on weekends too. A year later, she even got a credit card. Now, she says, I can buy everything I want. What are the consequences of these actions? What advice do you have for her?
Delon needs to modify the style of his form elements in Access 2016. Which tab in the ribbon should he use to apply Quick styles to a form? Form Design Tools > Design Form Design Tools > Arrange Arrange Form Design Tools > Format
Answer:
Form Design Tools > Format edg 2021
Explanation:
Form Design Tools> Format is the style Delon needs to modify the form of his elements. Thus, option D is correct.
What is a design tab?The Table Tools contextual tab will appear on the ribbon when you insert or select a table in Microsoft Publisher . You can easily arrange your table, add or remove rows and columns, set the alignment of cells, and format the typography of the text in your table using the two options on this tab, Design and Layout.
Table formatting, cell and table borders, placement of the table on the page, and table size are all included in the Design tab. You can manage the design and appearance of your presentation using the commands on the Design Tab. You can choose a theme from the ones that are offered, and you can alter the color schemes as well. The use of themes streamlines the process of developing polished presentations.
Learn more about design tab here:
https://brainly.com/question/29832130
#SPJ2
Anybody else have a baby class in their school?
Answer:
no my school is boring hehehhe
2. In a geometric series the first term is 36, the last term is 16 and the sum of
the series is 76. Determine the common ratio and the number of terms in the
sequence
Explanation:
In a geometric series the first term is 36, the last term is 16 and the sum of
the series is 76. Determine the common ratio and the number of terms in the
sequence
Coronado Industries uses the percentage-of-receivables basis to record bad debt expense and concludes that 3% of accounts receivable will become uncollectible. Accounts receivable are $385,200 at the end of the year, and the allowance for doubtful accounts has a credit balance of $2,870. (a) Prepare the adjusting journal entry to record bad debt expense for the year. (b) If the allowance for doubtful accounts had a debit balance of $887 instead of a credit balance of $2,870, prepare the adjusting journal entry for bad debt expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) Enter an account title Enter a debit amount Enter a credit amount Enter an account title Enter a debit amount Enter a credit amount (b)
Answer:
A. Dr Bad debt expense $8,686
Cr Allowance for Doubtful account $8,686
B. Dr Bad debt expense $10,669
Cr Allowance for Doubtful account $10,669
Explanation:
(a) Prepararion of the adjusting journal entry to record bad debt expense for the year.
Dr Bad debt expense $8,686
Cr Allowance for Doubtful account $8,686
[(3%*$385,200)-$2,870]
(Being to record bad debt expense)
B.Preparation of the adjusting journal entry for bad debt expense
Dr Bad debt expense $10,669
Cr Allowance for Doubtful account $10,669
[(3%*$385,200)+$887]
(Being to record bad debt expense)
What’s the difference payment wise between a debit and credit card?