The net profit margin is 12%
The parameters given in the question are
Revenue= $1,000,000
Cost of goods sold= $750,000
Net income= $120,000
Net profit margin= Net income/revenue × 100
= 120,000/1,000,000 × 100
= 0.12 × 100
= 12 %
Hence the net profit margin is 12%
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On October 1, X-it Company bought a new delivery truck for $30,000. X-it plans to use the truck for 4 years, after which it will be sold for $6,000. What is depreciation expense for the year ended December 31 that year using double-declining-balance
Answer:
$3,750
Explanation:
The truck was only used for 3 months of the year. Therefore, the 3 months of depreciation equals:
$3,750 = ($30,000 x 2/4 x 3/12)
It's better to use a debit card instead of a credit card when making online purchases. *1 pointTrueFalse
Answer:
F
Explanation:
List 5 Entrepreneural qualities
Explanation:
resolute motivation and passion, creative thinking, self discipline, risk taking ability, and persistence
What is operations management and its role?
In its broadest sense, operations management is responsible for all aspects of creating goods and services. It manages resources such as materials, machines, technology, and people, and makes products and services that the marketplace wants.
At both large and small organizations, operations managers supervise, hire, and train employees, manage quality assurance programs, strategize process improvements, and more. Operations managers are ultimately responsible for maintaining and increasing the efficiency of a business, agency, or organization.
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Higher product taxes and costly regulations will
A. Increase Supply
B. Supply/Demand Equilibrium
C. Decrease Supply
If a person wanted to purchase his or her dream car, and keep it for many years, is leasing or buying the better option? Why? a. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off. B. Leasing would be the better option, so the newest model could be driven every few years. C. It wouldn't matter, as long as the person got to drive the dream car. D. Leasing would be the better option because it would allow the person to customize the car and drive it as much as he or she wants.
Answer: A. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off
Explanation:
The best thing that a person can do if they want their dream car is buying because a. Buying would be the better option because the overall cost would be less. After the car is paid off, the owner gets much more value from the car, having already paid it off.
Why is buying better?Once you buy your car, it is yours and you can do with it as you please instead of observing stringent rules that come with leasing.
The total cost would also be less because you would have bought the car at a once off amount instead of an amount that has interest.
In conclusion, option A is correct.
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Producing output at the lowest possible total cost per unit of production is: Multiple choice question.
Efficiency is defined as the production of output at the lowest possible total cost per unit of production.
Efficiency involves maximizing all the benefits and importance of the 4
labors of production such as Land, Capital and Labor. When this occurs
efficiency is achieved and the cost of production decreases.
The decrease in the cost of production thereby gives rise to a corresponding increase in profit.
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Although marketing strategy requires a good marketing mix, on which element of the mix is the Microsoft case focused?
Based on marketing strategy analysis, the excellent marketing mix that the Microsoft case focused on is Price.
This is because it has been observed that Microsoft generally sets the price of their products based on the cost of their competitors and the demand of the consumer.
This was evident when Microsoft set the price of their Windows OS at a premium rate due to its increased demands.
The other elements of marketing mix aside from Price include the following:
ProductPlacePromotionHence, in this case, it is concluded that the correct answer is "Price."
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if financial management is the heartbeat of competitive businesses, what keeps that heartbeat stable?
Answer:
the lungs or the brain
Explanation:
Becca has $500 to open a checking account. She wants an account with the lowest fees. She writes about 12 checks per month and her employer has direct deposit. She plans to only use her bank’s ATM four times a month. Bank Account Terms and Conditions Bank Account terms and conditions. Bank B is best for Becca. Which checking account would be best for Becca? Account A Account B Account C Account D.
Answer:
Account b
Explanation:
expansionary fiscal policy is used in order to ______ the economy.
Answer:
stimulate
expansionary fiscal policy is used in order to “stimulate” the economy; this is the right answer
The skill of digital______ allows a user to search, find, process, and evaluate information relating to digital resources.
Answer:
literacy
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shares of stock previously sold by the corporation that are repurchased are called
Answer:treasury stock
Explanation:
Shares of stock previously sold by the corporation that are repurchased are called Treasury stock.
What is stock?A stock is a colloquial phrase for any product - market papers. , a share alludes to a certain stock's certificates. The holder becomes an investor if you possess shares of a specific corporation.
A stock that used to be in circulation but has since been bought back and is now owned by the corporation that issued it is referred to as equity security. Treasury stock is a counter-accounting concept since it lowers the overall investors' ownership on a financial sheet.
The federal stock decommissioned shares can indeed be reproduced; only stocks that are held in the capital can. Shares that are retired lower the group's overall number of authorized shares.
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Simone is writing a cover letter to Casey Jones, and is unsure of the employer's gender. How should she address her letter? a. Dear Casey Jones: b. To Whom It May Concern: c. Dear Hiring Manager: d. Dear Mr. /Ms. Jones: Please select the best answer from the choices provided A B C D.
Answer:
a. Dear Casey Jones
Explanation:
The most polite one
Answer:
I believe it is "Dear hiring manager"
Explanation:
the lessons said so
Bear State Bank has decided that tellers must rotate through a new weekend shift on Saturday afternoons because several of its financial competitors have recently begun to offer additional hours to customers. Bear State Bank is implementing a(n) ________ change. Multiple Choice adaptive reactive innovative radically innovative
In this scenario of the bank rotating a new weekend shift, then, we can say the bank is implementing an innovative change.
In organization development, innovative changes are very important because its helps to creates or captures a new organizational value in a new way.
Normally, there will have been series of operation innovation performed in the organization, but here, the is a change in innovation because of the adjustment and rotation of new weekend shift.
In conclusion, the Option B is correct because bank is implementing an innovative change.
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westover ridge offers a 9 percent coupon bond with semiannual payments and a yield to maturity of 11.68 percent. the bonds mature in 16 years. what is the market price per bond if the face value is $1,000?
The Current Market Price of Bond is $807.86.
How to compute Current Market Price of Bond?The present market value of Bond can be ascertained by using following Formula:
V = 2n∑t=1 [(I/2) / {(1+kd /2)t }] + [F / (1+kd /2)2n]
= I/2 (PVIFA kd/2, 2n) + F (PVIF kd/2, 2n)
Where,
V = Value of the bond = to be ascertained.
I/2 = Semi-annual interest payment - 9% / 2 * $1000 - $45
Kd /2 = Discount rate applicable to a half-year period (YTM) – 11.68%/2 - 5.84%
F = Par value of the bond repayable at maturity - $1000
2n = Maturity period expressed in terms of half-yearly periods. 16*2 – 32 times
Current Market Price (CMP) of Bond and the yield to maturity has inverse relation i.e. if the YTM is more than coupon rate then the price of bond is less than its face value. This can be easily understand by graph attached. It help investor to take wise investment decision in bond market.
Therefore, if YTM is 11.68% and Coupon rate is 9.00 % semi-annually than the CMP would be $807.86 i.e. less than its FV 1000$.
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Which of the following is widely accepted as a method of payment?
A. Free exchange of ideas
B. Deferred payments
C. Medium exchange of money
D. None of these
Answer:
C
Explanation:
which is a legal tender and it's generally acceptable
How will an employee know whether or not their employment is a contract or at will
How does Truth-in-lending benefit consumers when shopping for a loan? a. Truth-in-lending allows consumers to be frank with the lenders and talk about very personal things. B. Truth-in-lending requires all lending institutions to eventually convert all of their loans to fixed interest rates. C. Truth-in-lending requires consumers to admit whether or not they can actually afford the loan they’re applying for. D. Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
Answer:
A
Explanation:
Truth-in-lending allows consumers to be frank with the lenders and talk about very important things
Answer: D
Explanation:
Truth-in-lending allows consumers to know every cost that is associated with the loans they research and apply for, and helps them reach the optimal decision.
taking the test rn edge 21-22
In order to anticipate demand, advertising and promotions must be coordinated with the departments that control inventory. store managers. human resource departments. fulfillment centers. customers.
Answer:
Tayo ang para sa isat isa....di ba sinta tayo dalawa lang noon para sa isat isa ...bat di sumangayon sa ating ang panahon,
Explanation:
chorus:
siguro ngay wala ng natira sa alam....
to file your federal and state taxes you ____________
Taxes are often paid to government from our income. To File a Federal and State Income Tax Return, one must first need to find out how much money made the previous year. Then one need to decide if to take the standard deduction or itemize your return. Finally, you'll need to submit everything.
Steps to take so as to File a Tax Return
Try and compile your paperwork, including A W-2 form from each employer, other earning and interest statements etc.Then one need to Choose your filing status. Filing status is often based on if you're married. The percentage you pay toward household expenses also affects your filing status. The individual has to decide how you want to file your taxes. The IRS often recommends using tax preparation software to e-file for the easiest and most accurate returns. Find out if one is taking the standard deduction or itemizing your return.If an individual owe any money, learn how to make a tax payment and also apply for a payment plan.
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Answer:
must prepare the same tax forms for both
Explanation:
trust (i did this quiz 4 times thru to get the right answer)
A certain manufacturing process might 5 hours in the best-case scenario, 7 hours in the most likely situation, or 10 hours under the worst possible circumst
approximately the most realistic duration the process might take according to PERT?
OA.
5 hours
OB.
6 hours
OC. 7 hours
OD. 8 hours
Answer:
i think its 6 hours
Explanation:
Property received through a contribution is to be recognized at its fair market value and offset with a credit entry to a: Additional Paid-in Capital account. Contribution Revenue account. Miscellaneous Gain account. Paid-in Capital account.
Answer:
additional paid in capital accound
Explain why it is important for
entrepreneurs to talk with industry
experts when developing the new
business concepts
Explanation:
Cause they are expert in that kind of task will make thing look faster and easy to deal with while having any problems that arise on the long run of the business, experts will have a ways of making solutions to that cause they have deal with series of serious issues relating to that
What happens when a series of services is performed in sequence where the output rate of one becomes the input rate of the next
:
we can no longer use the simple formulas given in the textbook.
Explanation:
I found the answer in my Mcgraw Hill textbook chapter 10 waiting lines .
A stock issued by a stable corporation that generally attracts conservative investors is called a(n) _______ stock.
Blue-chip stocks are the stock issued by a stable corporation that generally attracts conservative investors.
Blue-chip stocks refers to a type of stock investment which is well-established by reliable companies that has advantageous positions in their markets.
These type of firm which issues Blue-chip stocks are firm which has been successful in the industry and thus, rewards its shareholders with regular dividends.Therefore, the Blue-chip stocks are the stock issued by a stable corporation that generally attracts conservative investors.
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in most states, only the member-managers will be entitled to vote. Group of answer choices True False
If both parties to a budget negotiation seek to expand the overall budget so that each party gets more, this is an example of which kind of negotiation strategy
The kind of negotiation strategy whereby both parties to a budget negotiation seek to expand the overall budget so that each party gets more is an example of integrative negotiation.
An integrative negotiation refers to a negotiation approach whereby both party reach a joint agreement through the creation of value for each party
Here, the value created is that the overall budget will be expanded so that each party gets more.Therefore, this type of negotiation strategy is known as integrative negotiation.
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The phenomenon of selecting an insurer that charges lower rates for a specific risk exposure is known as:
the statement of cash flows provides summary information about cash
Answer: inflow and outflow
Explanation: The statement of cash flows shows where cash is coming from, the inflow and where cash is going to, the outflow. It is the last financial statement to be prepared.
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