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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the redwood company determined that its balance in its accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue. these findings are the result of
Considering the situation described above, these findings are the result of "Vertical Analysis."
This is because Vertical Analysis is a form of analysis conducted in a business firm to express their financial statements.
It is written or described in percentages or proportional calculation.
In vertical analysis, the items on the documents are represented as a percentage of another item, such as accounts receivable account represented 23% of total assets and that cost of goods sold represented 38% of total revenue.
Hence, in this case, it is concluded that the correct answer is "Vertical Analysis."
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1. What's the main reason our culture has normalized credit cards over the past 60 years? What can we do to change the normalization of debt in the future?
Our culture has become accustomed to debt mainly because the capitalist system in which we find ourselves favors the management of loans for the acquisition of goods and services.
These, due to their cost, are difficult or impossible to access through cash payments without any type of installment or ease of payment.
Therefore, credit cards are ways of acquiring debt to finance certain consumption, which is why they have become a financial tool that is totally socially accepted.
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three brothers operating a business where the action of one brother is binding on the other two brothers
what type of business organization is this?
Considering the situation above, the type of business organization is "General Partnership."
This is because General Partnership, like other types of partnership in the business organization, usually involves a minimum of two people and a maximum of fifty people.
In the general partnership arrangement, all partners have independent authority to bind the business to agreements and loans and are equally liable to debts and legal obligations.
Given that the action of one brother is binding on the other two brothers, this is a form of General Partnership.
Other types of the partnership include the following:
Limited partnershipLimited liability partnershipLimited liability limited partnership.Hence, in this case, it is concluded that the correct answer is General Partnership.
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A married couple are both employed by firms that cover them under the company pension plans, and each earns approximately $300,000 annually. If they both open a traditional IRA and make the maximum contribution, how much of their contribution could they deduct
Which change should she make in her outline?
O change step 2 to “click the format tab”
O change step 3 to “open chart title dialog box “
O change step 4 to “type in the chart title”
O change step 5 to “add the chart title”
Answer:
A
Explanation:
Answer:
B
Explanation:
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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what famous type of cryptocurrency was recently valued at more than $64,000 per unit, though its value has fluctuated wildly in the past?
The famous cryptocurrency that was recently valued at the staggering amount of $64,000 is Bitcoin.
Bitcoin:
Is the most popular cryptocurrency there is Has had its value fluctuate wildly in the past Was recently valued at $64,000.Bitcoin was the first cryptocurrency and has seen its value change wildly in the past due solely to the forces of supply and demand. It is however going strong at the moment.
In conclusion, the crypto described is Bitcoin.
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Needs for operating funds include ______. (Select all that apply) Multiple select question. controlling credit operations increases in stock price acquiring needed inventory making capital expenditures
Operational fund needs are simply known to be the amount one needs to keep current asset investments afloat. Needs for operating funds includes;
Making capital expendituresAcquiring needed inventoryControlling credit operationsCompanies often create their production cycle using control criterion that is affected by inventories, customer loans and basic cash needs.
Operating funds is used by firms to finance their purchasing program. The Key components to financial sustainability are;
Access to CapitalProfitability ReportingPlanningLearn more from
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When Clorox introduced bleach in a no-drip bottle, the firm was taking action consistent with its product being in the ____ stage of the product life cycle.
Answer:
maturity
Explanation:
In the _____ stage of the advertising development process, Fallon account managers and clients must set the campaign budget. Campaign budgets can range from a few thousand dollars for online advertising to a few million for a network television advertisement.
Answer:
Planning Phase
Explanation:
a mattress manufacture paid its retailer, bed head, a sum of money to have bed head feature its mattresses in its weekly advertising flyers, radio spots, newspaper ads, and email campaigns. this is an example of a manufacturer giving ________ to its retailer.
The example stated in this question where mattress manufacture paid its retailer as well as bed head so that some features can be added to his mattress for advertisement is Personal allowances.
Personal allowances can be regarded as final deductions that is removed from the individual taxpayer's net income so that they can get the taxable Income.Good example is demonstrated in the question whereby the mattress manufacture paid its retailer and the bed head.Therefore, the correct term is Personal allowances .
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what career cluster do you get to design build and destroy thing
Answer:
Construction
Explanation:
bonds that require payment of the full principle amount of the bond at the end of the loan term are referred to as
The type of bonds which requires payment of the full principal amount of the bond at the end of the loan term is known as Term bond.
The Term bond are debt securities which are issued by companies or government to investors with scheduled maturity dates.
In other word, the term bond matures on a specific date in the future.
The period of term bond is the between the time of bond's issuance and the scheduled maturity period.
Therefore, in conclusion, the term bond is the bond requires payment of the full principal amount of the bond at the end of the loan term.
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Goods that are excludable include both A. club goods and public goods. B. public goods and common resources. C. common resources and private goods. D. private goods and club goods.
The goods that are excludable are private goods and club goods. The correct answer to this question is option D.
The club goods are those goods that can be artificially scarce. These goods are non rival in nature but the excludability is quite high.
Private goods on the other hands are those goods that have their usage and consumption restricted to only one person or group.
Such goods can only be used by one party.
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It's better to use a debit card instead of a credit card when making online purchases. *1 pointTrueFalse
Answer:
F
Explanation:
Something that serves as a model for others to copy is a
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
Gossip and rumor in an organization are part of the ________, which itself is a type of ________ communication channel. Multiple Choice organizational chart; informal grapevine; informal grapevine; external organizational chart; external
Gossip and rumor in an organization are part of the Grapevine, a type of Informal communication channel.
This is because a Grapevine is a form of an informal communication channel in a business organization. In this way, the information can be diffused from any level, either from bottom to top or top to bottom.
The information passed is usually in the form of gossip and rumor. It does not have official backing or formal approaches such as through emails of the business firm or signed and stamped letters.
Hence, in this case, it is concluded that the correct answer is Grapevine; and informal.
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________ teams have been found to have a positive effect on productivity and attitudes of control, yet no impact on job satisfaction or organizational commitment.
According to the management system, self-managed teams have been found to have a positive effect on productivity and attitudes of control, yet no impact on job satisfaction or organizational commitment.
This is because self-managed teams are responsible for taking part in the planning and scheduling of the workflow process.
They are also involved in the technical part or tasks of the job, thereby making the work cumbersome with a high probability of low job satisfaction.
Because self-managed teams are involved in planning and workflow processes, they positively affect productivity and control attitudes.
Hence, in this case, it is concluded that the correct answer is "Self-managed teams."
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When Burger World considered adding Italian beef to its menu, the company made the sandwiches available in some of its more established markets to determine customer reactions. That process is called
This process that Burger World embarked on in order to test customer reactions is known as Test Marketing
Test Marketing:
Involves a limited release of a new product Is done to check how customers will react to the productIf customers like the product then the company will start producing it in a higher quantity because it means that the product will likely be successful.
In conclusion, Burger World was engaging in Test marketing.
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how much will I need to save per month to have $600 by the end of one year?
Acme Partnership reported the following items of income and expense: Sales $200,000 Cost of goods sold 115,000 Interest expense on bank line of credit 13,000 Charitable contributions 2,000 Administrative expenses 50,000 Long-term capital gain 10,000 What amount should be reported as ordinary income
The amount that ACME Partnership should report as ordinary income is $83,000.
Data and Calculations:
Sales Revenue = $200,000
Cost of goods sold = 115,000
Gross profit = $85,000
Administrative expenses 2,000
Operating income = $83,000
Interest expense 13,000
Taxable income $70,000
Charitable contributions 2,000
Long-term capital gain 10,000
The operating income is the ordinary income before determining the eligibility of the charitable deductions and the long-term capital gain.
Thus, the ordinary income of ACME Partnership is $83,000.
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a monopolistically competitive market is characterized by
Typically, the monopolistically competitive market have the attributes of having many firms, differentiated products and free entry/exit.
A monopolistic competition occurs when competitive firms produces or manufactures products or services that are similar and substitutes.
The characteristics of the monopolistically competitive market includes:
There are presence of many sellers in the marketThere is easy entrance and exit of consumers in the market There are differentiated products in the marketIn conclusion, the monopolistically competitive market is characterized by having many firms, differentiated products and free entry/exit.
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As a debtor, federal laws protect your right to:
A. have your wages garnished by a debt collector.
B. delay payments of interest to a debt collector.
C. verify the amount of debt a debt collector claims you owe.
D. be contacted by a debt collector any time of day.
Answer:
C
Debtor-creditor law governs situations where one party is unable to pay a monetary debt to another. There are three types of creditors. First are those who have a lien against a particular piece of property. This property (or proceeds from its sale) must be used to satisfy the debt to the lien-creditor before it can be used to satisfy debts to other creditors. A lien may arise through statute, agreement between the parties, or judicial proceedings. See, e.g., Secured Transactions and Mortgages. Secondly, a creditor may have a priority interest. A priority arises through statutory law. If a creditor has a priority his debt must be paid when the debtor becomes insolvent before other debts. For example, Congress has granted priority to debts owed the Federal government. See Federal Tax Lien Act. The final type of creditor is one who has neither a lien against the debtor's property or is the subject of a statutory priority.
Non-bankruptcy debtor-creditor law arises mainly from state statutory and common law. Tort law, such as defamation, provides a means for state courts to limit private means of debt collection. States also regulate debt collection through statute. Congress has enacted the Fair Debt Collection Practices Act to regulate some debt collectors.
Creditors use judicial and statutory processes to have debts satisfied. Attachment is a limited statutory remedy whereby a creditor has the property of a debtor seized to satisfy a debt. Garnishment allows a creditor to collect part of a debt (for example wages) to satisfy the obligation. Replevin allows a creditor to seize goods, such as a security interest, that he or she has a property interest in, to satisfy the debt. Receivership involves the appointing of a third party by a court to dispose of the debtor's property in order to satisfy the debt. Creditors commonly seek to create a lien on a debtor's property through a judicial process of lien creation, which is governed by state law. Once a lien has been created state statutory law governs how the lien is executed against the debtor's property. The sale of property subject to a lien to satisfy the debt is also governed by state statutory law. Federal and state statutes, and the Federal Consumer Credit Protection Act also limit the type of property that can be used to satisfy a debt.
A debtor may attempt to fraudulently convey a piece of property to avoid having it seized. State laws seek to prevent this type of property transfer. Many states have adopted the Uniform Fraudulent Conveyances Act or its successor, the Uniform Fraudulent Transfer Act.
The federal laws protect the debtor's right to verify the amount of debt that the debt collector claims you owe.
Who is a debt collector?This is the entity that is employed to regularly collects debts owed to others especially when those debts are past.
However, as a debtor, the federal laws protect their right to verify the amount of debt that the debt collector claims they owe.
Therefore, the Option C is correct.
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what is a risk of entrepreneurship
Answer:
Entrepreneurs face multiple risks such as bankruptcy, financial risk, competitive risks, environmental risks, reputational risks, and political and economic risks. Entrepreneurs must plan wisely in terms of budgeting and show investors that they are considering risks by creating a realistic business plan.
Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called
Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.
Prestige products are products that are of a high quality, high value and costly which are often purchased by people because of the benefit they will derived from it.
Most people tend to buy prestige products in order to increase their status in the society and they will often go for the product without minding how costly the product are.
Example of prestige product is buying a luxury car or items such as wrist watch that are very expensive.
Inconclusion products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.
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FIRST ANSWER GETS BRAINLIEST!!!!!!!
Bob has decided to start Investing. After dong his research, he has decided he wants to Invest in a safe Invest with guaranteed return. He Is going to buy
Shares
Mutual funds
Bonds
Answer:
bonds
Explanation:
___________ change introduces a new practice to an organization but one that is not new to the industry.
The answer would be Innovative.
what is the importance of the floriculture in nepal
Explanation:
It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.
Answer:
It deals with cut flowers, bedding plants, houseplants, flower garden, pot plants, cultivated greens for beauty and herbaceous nursery. Floriculture is an important agro-based, labor intensive and business-oriented enterprise in Nepal.
what is the best way to start a business
Explanation:
THE BEST WAY TO START BUSINESS IS TO FIRST COLLECT RESOURCES WHICH U WANT IN BUSINESS
AND THEN USE UR CAPITAL AND INVEST IN IT
AND IM SURE U WILL GET BEST RESULT