Determining Gross Profit During the current year, merchandise is sold for $937,000. The cost of the goods sold is $702,750. a. What is the amount of the gross profit? $ b. Compute the gross profit percentage (gross profit divided by sales). % c. Will the income statement always report a operating income?

The New South Wales divisional manager seems to be doing the better job by generating a higher ROI, or return on investment.

Requirement 1:ROI Queensland ROI = Margin × Turnover

Margin = Net operating income / Sales= 360,000 / 4,000,000= 0.09 (or 9%)

Turnover = Sales / Average operating assets= 4,000,000 / 2,000,000= 2.0

ROI = Margin × Turnover= 0.09 × 2.0= 0.18 (or 18%)

New South Wales ROI = Margin × TurnoverMargin = Net operating income / Sales= 420,000 / 7,000,000= 0.06 (or 6%)

Turnover = Sales / Average operating assets= 7,000,000 / 2,000,000= 3.5

ROI = Margin × Turnover= 0.06 × 3.5= 0.21 (or 21%)Requirement 2:New South Wales has a higher ROI, at 21%, compared to Queensland, which has an ROI of 18%.

Therefore, the New South Wales divisional manager seems to be doing the better job by generating a higher ROI, or return on investment.

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Market creators can perform any or all of these functions. All of the options listed (a-e) are correct.

Market creators refer to companies that create and operate online marketplaces or platforms that allow buyers and sellers to engage in transactions, communicate with each other, and establish prices for products.

These platforms may provide a digital environment, such as a website or app, where users can conduct transactions and save time and money compared to traditional brick-and-mortar shopping. Market creators can also generate revenue by offering digital content, such as music or software, and by facilitating advertising or sponsored content.

Additionally, these platforms can provide online meeting places for people with similar interests to communicate and connect, leading to potential collaborations or partnerships. Finally, some market creators may also sell physical products directly to consumers or businesses.

All of the options listed (a-e) are correct.

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Systemic risk reflects the risk that a particular event could spread adverse effects among several firms or among financial markets. The correct option is B.

Systemic risk refers to the risk that an event or shock in a specific institution, market, or sector can spread and have adverse effects on other interconnected firms or the entire financial system. It goes beyond the risk associated with individual firms or market conditions and encompasses the potential for contagion and interconnectedness in the financial system. Systemic risk highlights the possibility of a domino effect, where the failure or distress of one entity can have far-reaching consequences, affecting multiple entities and markets. It emphasizes the interdependencies and linkages within the financial system that can amplify and transmit risks.

Systemic risk can arise due to a variety of factors, such as the interconnectedness of financial institutions, excessive leverage, lack of market transparency, and inadequate regulatory oversight, among others. To mitigate systemic risk, regulators often implement measures to increase transparency, reduce leverage, and improve capital requirements for financial institutions.

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Answer:

A. Higher interest rates tend to attract foreign visitors.

Explanation:

I just took the test.

Answer:

Online advertisement

Explanation:

In the ever-increasing technological world, online advertising is an extremely elaborate solution for the sale of any item or service or for the information about that item or service.

The use of online advertisements is usually an elaborate way of providing detailed information about goods and services in which information about goods and services is provided to individuals viewing through movable images, communication in the online advertising technological world.

This is a large medium of information as well as it is also a proper means of giving unilateral information.

Answer:

d

Explanation:

Selling products and services outside of a physical store is known as non-store retailing. Catalog is a nonstore retailer. Thus, option 'D' is the correct option.

Selling products and services outside of a physical store is known as non-store retailing. It is a general phrase used to describe retailing that occurs outside of stores and shops (that is, off the premises of fixed retail locations and of market stands). Direct selling (off-premises sales) and distance selling, the latter of which includes all types of internet commerce, can be classified as the non-store distribution channel. Mail orders, catalog sales, telephone cold calling, and automated vending all fall under the category of distance selling.

Electronic commerce encompasses online shopping, internet trading platforms, travel portals, worldwide distribution networks and teleshopping. All types of selling at consumers' homes, businesses, and even garage sales are considered direct selling. Non-store retailing, commonly known as home shopping or online shopping, constantly experiences double-digit growth.

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Answer: demand decreased

and

it has fallen

Explanation:

hope this helps <3

Decrease in demand has caused the change in the yen's exchange rate. Due to decrease in demand yen’s exchange rate has fallen.

The value of one country's currency in comparison to that of another or an economic region is known as the exchange rate. The majority of exchange rates are free-floating and fluctuate according to market supply and demand. There are some exchange rates that are restricted and not free-floating; instead, they are tied to the value of other currencies.

Exchange rates are typically either free-floating or set. Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price.

Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price. For example, USD stands for the United States dollar, while EUR stands for the Euro. EUR/USD is the currency pair that represents the dollar and the euro. It's USD/JPY, or dollar to yen, in the case of the Japanese yen. A conversion rate of 100 means that one dollar equals 100 yen.

One notable example of a nation with a restricted rate structure is China. The Chinese yuan is a currency that the government also controls. The Chinese government decides on a midpoint value for the currency each day, which gives the yuan a trading range of 2% from the midpoint.

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Answer:

I think you got it right*

Explanation:

I think this is the same question I took.

Answer:

Diamond sales by De Beers's Central Selling Organisation (CSO) and SA Breweries' (SAB) production of beer.

Explanation:

That is one I honestly think.

:D HOPE THAT HELPS, GOODLUCK!

Answer:

D

Explanation:

companies do this so everyone is more proficient with their bodies and their work

Answer:

Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.

Answer:

Define your research objective. The first step in the market research process

Explanation:

is to define your research objectives. ...

Develop your research questions. ...

Gather your research. ...

Interpret your findings. ...

Draw conclusions and make decisions.

Explanation:

Greetings !

Diana's gross payment - Her deductions = Her net payment.

Thus, $890-$89=801$=Net payment of Diana.

Hope it heps!

The revenue recognition principle is an accounting standard that guides companies on when to record revenue in their financial statements. In this scenario, Cinema King sells subscriptions for four months, where customers pay in advance for access to unlimited movies each month.

Here's how the revenue recognition principle should be applied to determine when and how much revenue should be recorded:
Part 1a: Cinema King should record revenue when the customer has access to the unlimited movies. In other words, revenue should be recognized as the service is being provided to the customer. This means that Cinema King should record revenue for each month as the customer is enjoying the unlimited movies.
Part 2b: For seven months, Cinema King should record revenue of the total subscription fee collected from the customer. This means that if a customer pays $100 for a four-month subscription, Cinema King should recognize revenue of $700 for seven months, which is the total subscription fee collected from the customer over the seven months.In summary, Cinema King should apply the revenue recognition principle by recognizing revenue for each month as the customer is enjoying the unlimited movies. For the entire subscription period, Cinema King should record revenue of the total subscription fee collected from the customer.

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A broker acts as an agent in all of the following functions except: exchanging property.

Broker is a term which is used for an individual who charges a commission for executing buy and sell orders. They play an important role for guiding the buyer through all the related paperwork.

The one of the most important function of a broker is only to solve a client's problem for some fee. Secondary functions are such as  lending to clients for margin transactions, and it also involves providing information support regarding the situation on trading platforms.

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The distinguishing feature of these naming rights is that the purchaser receives a marketing asset to advertise goods and services, encourage client retention, and/or expand market share.

support for a cause. Establishing an emotional connection with their target consumers is a goal of corporate marketing. When companies decide to acquire naming rights, they want their company names or brand names to be connected with the admiration that fans feel for the home team.

Often observed on constructions such as stadiums, rooms, and buildings. In order to stay relevant and recognizable in a well-known, crowded area, larger firms engage in this strategy to raise brand recognition. This explains why more stadiums are being given prestigious corporate names.

These naming rights stand out because the buyer obtains a marketing asset that may be used to promote products and services, boost customer retention, and/or increase market share.

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Answer:

National competitive advantage

Explanation:

I could be wrong but i found flashcards with that question with that as the answer so yea \

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On the statement of cash flows using the indirect method, patent amortization expense will be deducted from net income in the operating section.

In the operating section of the statement of cash flows, we focus on adjusting net income to reflect the cash flow from the company's operating activities. One of the adjustments we make is to deduct non-cash expenses, such as patent amortization expense.

Patent amortization expense represents the gradual write-off of the cost of a patent over its useful life. This expense is recorded in the income statement to match the cost of the patent with the revenue it helps generate. However, since patent amortization is a non-cash expense, it does not involve an actual outflow of cash.

Therefore, when preparing the statement of cash flows using the indirect method, we deduct patent amortization expense from net income in the operating section. This adjustment helps us reconcile the difference between net income and the actual cash flow generated from operating activities.

Patent amortization expense will be deducted from net income in the operating section of the statement of cash flows using the indirect method.

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Answer:

Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.Local businesses pay local taxes, bolstering the city revenue available for improvements to roads, schools, and area green spaces. When shoppers spend their money locally, the taxes they pay benefit their community and better their own lives. Shopping online, for example, may not keep tax revenue local.

Answer:

option 2 is the correct answer

Answer:

This can be a varied answer, what are the options?

Explanation:

Answer: Consumability

Explanation:

The cost of MSB allocated using the relative sales value method is $75,000. None of the given answer choices match the calculated amount, so the correct answer would be "none of the above".

To allocate the joint costs using the relative sales value method, we need to determine the sales value ratio for each product. The sales value ratio is calculated by dividing the sales value of each product by the total sales value of all products.

Sales value of MSB = $2 per unit * 60,000 units = $120,000

Sales value of CBL = $4 per unit * 90,000 units = $360,000

Total sales value = $120,000 + $360,000 = $480,000

Now, we can calculate the sales value ratio for each product:

Sales value ratio for MSB = $120,000 / $480,000 = 0.25

Sales value ratio for CBL = $360,000 / $480,000 = 0.75

To allocate the joint costs, we multiply each sales value ratio by the total joint costs:

Cost allocated to MSB = 0.25 * $300,000 = $75,000

Therefore, the cost of MSB allocated using the relative sales value method is $75,000. None of the given answer choices match the calculated amount, so the correct answer would be "none of the above."

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Product labels, tag lines, brand and product names, product instructions  are some of the areas affected in a marketing campaign with language differences.

The most amazing way that people can communicate is through language; it is a unique ability that sets humans apart from other life forms and animals. My goal in writing this article is to emphasize the notion that language is crucial to the entire marketing process, particularly when it comes to advertising messages, the most recent form this discipline has taken to communicate with audiences.

Although the majority of consumers are unaware of it, selecting the proper words, tenses, rhetorical devices, or phonological components depending on what or how you want to present about a product or campaign is undoubtedly both meticulous and complex. Without language as a means of communication, it would be impossible for other "languages of," such as those used in persuasion or, in this case, marketing, to exist. As a result, this unique ability that humans possess is characterized by a variety of traits, which advertising writers use to develop their persuasive marketing language.

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Answer:

work team

Explanation:

From the question, we are informed about Helen who was a part of a formal group made up of interdependent individuals responsible for achieving company goals. In this case , This is known as an work team.Work teams are regarded as groups of employees which put hands together in order to accomplish some tasks. They are usually efficient when different skills are needed to complete some task.

Consequently, it is seldom worthwhile for firms in those countries to start producing the product. This view conforms to product life-cycle theory.

This scenario shows how a business can use economies of scale to produce a good less expensively than its rival. The term "economies of scale" in microeconomics refers to the cost advantages that businesses achieve based on their size, level of production, or operational scale. As scale increases, the cost per unit of output typically decreases as fixed costs are distributed across more units of output.

When a company grows in size, it is able to produce goods more efficiently, which leads to the development of economies of scale. In manufacturing, where larger production facilities result in lower per-unit production costs, the idea is frequently applied.

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The sales dollars required to attain a target profit of $120,000  is $400,000.

The profits are the financial gains earned by a business or organization after all expenses and costs are deducted from the revenue generated from its operations.

The profits are what is left over when a business subtracts all of its costs, including the cost of goods sold, operating expenses, taxes, and other expenses, from its total revenue.

A business that earns high profits is generally seen as successful, while a business that consistently incurs losses is considered to be struggling. It is a key measure of a company's financial performance and are an important indicator of its ability to generate income.

For attaining a target profit of $120,000, the  sales dollars required is $400,000.

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D. elective requrement are courses that build knowledge and skills in a specific field

Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product

Explanation: i no it

For augment economic surplus, continue to increment yield insofar as total surplus is expanded when the cost rises to the market harmony cost.

Economic surplus is determined by consolidating the surplus advantage that is capable by the two purchasers and makers in an economic exchange.

Surplus relates to products as well as to monetary components, like benefit, income, and capital. Albeit this probably won't give off an impression of being an issue, something like benefit surpluses prompts expanded charge rates, and that additional duty cash might have been contributed somewhere else.

A surplus of capital focuses to the way that the financial backer, entrepreneur, or pioneer put a lot of cash into the organization or task, considering squandered money to be a normal outcome. In economics, the idea of surplus is generally found in the term spending plan surplus. This ordinarily alludes to situations where state run administrations have supported all their set projects and have cash left over subsequently.

Therefore economies actually take a stab at an economic surplus because of the conviction that overflow is superior to shortage.

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