Lopez Company reports net sales of $200,000 and cost of goods sold of $50,000. Using the numbers provided, B. Lopez Company's gross profit is:
Multiple Choice
$250,000.
$200,000.
$50,000.
$150,000.
Answers
The gross profit for Lopez company, given the net sales and the cost of goods sold would be found to be D. $ 150, 000.
How to find the gross profit ?To calculate the gross profit, we subtract the cost of goods sold from the net sales.
Gross Profit = Net Sales - Cost of Goods Sold
Given :
Net Sales = $ 200, 000
Cost of Goods Sold = $ 50, 000
Gross Profit = $200 ,000 - $ 50, 000
Subtracting the cost of goods sold from the net sales:
Gross Profit = $150,000
Therefore, B. Lopez Company's gross profit is $150,000.
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Related Questions
Laramie Trucking's CEO is considering a change to the company's capital structure, which currently consists of 25% debt and 75% equity. The CFO believes the firm should use more debt, but the CEO is reluctant to increase the debt ratio. The risk-free rate, r RF, is 5.0%, the market risk premium, RP M, is 6.0%, and the firm's tax rate is 25%. Currently, the cost of equity, r s, is 11.5% as determined by the CAPM. What would be the estimated cost of equity if the firm used 60% debt? (Hint: You must first find the current beta and then the unlevered beta to solve the problem.)
Answers
Answer:
17.74%
Explanation:
Calculation to determine What would be the estimated cost of equity
First step is to calculate the Original beta using this formula
Original beta = (rs-rRf)/ RPM
Let plug in the formula
Original beta = 11.5%- 5%
Original beta = 6.5%/ 6%
Original beta = 1.083
Second step is to calculate original D/E using this formula
original D/E= D/A / (1-D/A)
Let plug in the formula
original D/E = .25/ (1-.25%)
original D/E = .333
Third step is to calculate Unlevered Beta using this formula
Unlevered Beta= Bu = Bl / 1+((1- Tax rate) x (D/E)
Let plug in the formula
Unlevered Beta= 1.083/1+((1-.25) x .333
(D/E) =1.083/1+(0.75*.333)
(D/E) =1.083/1+.24975
(D/E) =1.083/1.24975
(D/E)=0.87
Fourth Step is to calculate the Target D/e
Target D/e = .6/.25
Target D/e = 2.4
Fifth step is to calculate the New Beta using this formula
New Beta = bu* (1+(D/E)(1- tax rate)
Let plug in the formula
New Beta= .87 *(1+(2.4)*(.6)
New Beta= .87 *(1+1.44)
New Beta= .87 *2.44
New Beta=2.1228
Now let calculate the estimated cost of equity using this formula
rs = rRF + new beta (RPm)
Let plug in the formula
rs= 5% + 2.1228*6
rs= 17.74%
Therefore the estimated cost of equity will be 17.74%
what corporate diversification strategy is being pursued by sanyA. horizontal diversification strategy B. vertical diversification strategy .
Answers
The corporate diversification strategy being pursued by Sany is A. horizontal diversification strategy.
Horizontal diversification strategy involves a company expanding into new products or services that are related to its existing business. This can be done through acquiring or merging with other companies in the same industry, or by developing new products or services internally. By pursuing a horizontal diversification strategy, Sany is able to offer a wider range of products and services to its customers, which can help to increase revenue and profitability.
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Consider an economy described by the production function: Y=F(K,L)=K 0.45
L 0.55
a. What is the per-worker production function? y= b. Assuming no population growth or technological progress, find the steady-state capital stock per worker ( k ∗
), output per worker (y ∗
), and consumption per worker (c ∗
) as a function of the saving rate and the depreciation rate.
Answers
The per-worker production function, denoted as y, can be derived from the given production function Y=F(K,L)=K^0.45 * L^0.55 by dividing both sides by the quantity of labor (L):
y = Y/L = (K/L)^0.45 * (L/L)^0.55
Since L/L equals 1, the equation simplifies to:
y = (K/L)^0.45
To find the steady-state capital stock per worker (k*), output per worker (y*), and consumption per worker (c*), we need to consider the savings rate (s) and the depreciation rate (δ).
The steady-state capital stock per worker (k*) occurs when the investment per worker (s * y*) is equal to the depreciation per worker (δ * k*). Therefore:
s * y* = δ * k*
Given the per-worker production function (y) derived earlier, we substitute it into the equation above:
s * [(k*)^0.45] = δ * k*
To solve for k*, we need to make some assumptions. Let's assume a specific value for the savings rate (s) and the depreciation rate (δ). For example, if s = 0.3 and δ = 0.1, we can solve for k* using algebraic manipulation.
Once k* is determined, we can calculate y* by substituting k* into the per-worker production function (y) derived earlier. Similarly, we can calculate c* by using the consumption function c* = (1-s) * y*.
To summarize, the steady-state capital stock per worker (k*), output per worker (y*), and consumption per worker (c*) can be found as a function of the saving rate (s) and the depreciation rate (δ) by solving the equations s * [(k*)^0.45] = δ * k*, y* = (k*)^0.45, and c* = (1-s) * y*. The specific values of k*, y*, and c* will depend on the values chosen for s and δ.
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Smithward. Inc. Manufactures reusable water bottles. It targets its marketing campaigns at different market ________, including outdoor enthusiasts, health-conscious buyers, and young people who want the current fashion accessory.
Answers
Answer:
ANSWER;- (C) segments
Explanation:
EXPLAINATION;- In market segment there are customers who have similar things in common etc...
Smith Inc. Manufactures reusable water bottles. It targets its marketing campaigns at different market segments including outdoor enthusiasts, health-conscious buyers.
What is Market segmentation?In marketing, market segmentation is the most common way of partitioning a wide buyer or business market, regularly comprising of existing and likely clients, into sub-gatherings of purchasers.
In isolating or fragmenting markets, specialists normally search for normal qualities like shared needs, normal interests, comparative ways of life, or even comparative segment profiles. The general point of segmentation is to distinguish high return portions - that is, those sections that are probably going to be the most productive or that have development potential.
So that these can be chosen for extraordinary consideration (for example become target markets). Various ways of sectioning a market have been distinguished Market segmentation expects that different market sections require different marketing programs - that is, various offers, costs, advancement, appropriation, or a mix of marketing factors.
Market segmentation isn't simply intended to recognize the most beneficial portions, yet additionally to foster profiles of key sections to more readily grasp their necessities and buy inspirations. That is, a market is sectioned, at least one fragments are chosen for focusing on, and items or administrations are situated in a manner that resounds with the chose target market or markets.
Therefore Market segmentation is the most common way of sharing mass markets into bunches with comparative necessities and needs.
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The management function of specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals is called _______.
Answers
The management function of specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals is called planning.
What are SMART Goals?Every sector of business and life uses goals because they give us a sense of direction, drive, clarity, and importance. You give yourself an objective to shoot for by making goals. Setting goals is made easier by using a SMART goal. The letters SMART stand for specific, measurable, attainable, realistic, and timely. In order to help you focus your efforts and improve your chances of success, a SMART goal contains all of these elements.
Smart objectives include:Specific: Clearly defined, unambiguous, and well-articulated.
Measurable: With clear criteria that track your progress toward achieving the goal.
Achievable: Obtainable and not insurmountable.
Realistic: Within your reach, practical, and pertinent to your life's work.
Timely: Having a timeline with a start date and an end date that is clearly specified. Urgency is intended to be created.
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Use the drop-down menus and your knowledge of prefixes to choose the correct word for each sentence.
I love being outdoors, so a day at the movies is
for me.
Plants that
desirable traits tend to live longer than those that do not.
The situation was unpleasant, and I did not know how to
myself from it.
Answers
The correct prefixes are:
AtypicalExhibitExtricateWhat is a Prefix?This refers to the addition of a word at the beginning in order to change the meaning from the root word.
Hence, we can see that based on the complete question, there is the use of words like "typical", etc and to use the correct prefixes, one would have to change them to the above to make sense.
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The correct answers are:
AtypicalExhibitExtricateWhat are prefixes?Morphemes
Prefixes are morphemes (specific groups of letters with particular semantic meaning) that are added onto the beginning of roots and base words to change their meaning. Prefixes are one of the two predominant kinds of affixes —the other kind is suffixes, which come at the end of a root word.
Thus:
The correct answers are:
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_____ _____ is a way to see if your product is meeting the needs of your customers.
Answers
Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answers
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
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An investor has invested $250,000 in a new rental property. Her estimated annual costs are $6000 and annual revenues are $20,000. What rate of return per year will the investor make over a 30-year period ignoring the salvage value? If the property can be sold for $200,000 what is the rate of return?
Answers
To calculate the rate of return for the investor over a 30-year period, ignoring the salvage value, we can use the following formula:
Rate of Return = [(Annual Revenues - Annual Costs) / Initial Investment] x 100%
Plugging in the given values:
Annual Revenues = $20,000
Annual Costs = $6,000
Initial Investment = $250,000
Rate of Return = [($20,000 - $6,000) / $250,000] x 100%
Rate of Return = $14,000 / $250,000 x 100%
Rate of Return = 0.056 x 100%
Rate of Return = 5.6%
So, the investor would make a rate of return of 5.6% per year over a 30-year period, ignoring the salvage value.
If the property can be sold for $200,000, we can calculate the rate of return including the salvage value as follows:
Rate of Return = [(Annual Revenues - Annual Costs + Salvage Value) / Initial Investment] x 100%
Plugging in the given values:
Salvage Value = $200,000
Rate of Return = [($20,000 - $6,000 + $200,000) / $250,000] x 100%
Rate of Return = $214,000 / $250,000 x 100%
Rate of Return = 0.856 x 100%
Rate of Return = 85.6%
So, the rate of return including the salvage value would be 85.6% per year.
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The Magnuson-Moss ______ Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.
Answers
Answer: Warrantly
directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.
why are hedge funds considered a high risk of investment
Answers
Answer: the huge potential for money loss.
Explanation: hedge funds are considered to be high-risk investments because of the huge potential for money loss. Again, these funds are primarily controlled by hedge funds managers, and with pools of money going into investments, there is likely going to be some loss.
Which answer best describes the topics covered in Sprint Planning?
A. What to do and who will do it.
B. How conditions have changed and how the Product Backlog should evolve.
C. What can be done and how to do it.
D. What went wrong in the last Sprint and what to do differently this Sprint.
E. Who is on the team and what team member roles will be.
Answers
Option B is correct. The answer that best describes the topics covered in Sprint Planning is how things change and how the Product Backlog evolves.
Sprint planning answers three questions. why, what, how This is the complete list of all tasks in the sprint. The goal of sprint planning is to identify the most important details about the work your team plans to do during the next sprint. With this in mind, the Sprint Team should plan to address at least the following topics during this meeting: In fact, you can use the following points as the basis for your team's meeting agenda.
Determine the team's overall strategic goals for the next sprint. (This is presented as a one- or two-sentence sprint goal.)
Review the product backlog and discuss which items are in the next sprint backlog and why. Seek team consensus (led by the Scrum Master) on proposed sprint goals and backlog items.
Discuss team capabilities. Discuss known issues that may block or slow progress in the Sprint Backlog.
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hello im Michal the fox how may tails i have three,two or,four
Answers
Answer:
2
Explanation:
Budgeted income statement, budgeted statement of retained earnings and budgeted balance sheet.
Answers
A budgeted income statement, statement of retained earnings, and balance sheet are all important financial statements used to forecast a company's financial performance over a future period of time.
Here is a brief description of each statement:
Budgeted Income Statement: A budgeted income statement projects a company's revenue, expenses, and net income over a specific period of time. It helps management to anticipate the financial impact of future business decisions and to make informed decisions based on that projection.Budgeted Statement of Retained Earnings: A budgeted statement of retained earnings projects how much of the company's net income will be retained in the business as retained earnings and how much will be paid out as dividends to shareholders. It shows how the company's retained earnings will change over the budgeted period.Budgeted Balance Sheet: A budgeted balance sheet presents a snapshot of the company's financial position at a specific point in time. It includes the company's assets, liabilities, and equity accounts and shows how those accounts are expected to change over the budgeted period.Together, these three budgeted financial statements provide a comprehensive picture of a company's expected financial performance and position over a future period of time, enabling management to plan and make informed decisions.
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Describe three types of producers.
Answers
Complete the following sentence.
A traditional cover letter's format includes an introduction, a ______ and a ______ paragraph.
Answers
Answer:
body, closing
That was easy
Explanation:
As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your point more effective. Proofreading Evaluating Editing
Answers
Answer:
The correct answer will be "Editing".
Explanation:
Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter. Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.
How can you reduce the chances of tractor runovers and collisions?
Answers
Make yourself as visible as possible on the road by using flashing lights and reflecting surfaces. The farther away a driver can see you, the better; drivers sometimes underestimate how slowly a tractor travels compared to them.
Whenever possible, hug the side of the road. gives impatient or delayed responders extra room to avoid a collision with you.
When a driver makes a mistake or isn't paying enough attention, this is what happens. Fortunately, no one was seriously hurt in this incident.
Without proper training, highly monitored operation, and ongoing supervision, we won't allow anyone to operate a tractor.
Inexperienced drivers are typically to blame for tractor safety problems. More and more individuals are relocating to rural areas from the suburbs. They purchase a few acres of rural property, and one of the first things they do is buy a tractor. Then they drive it like a Suburu for commuting, purchase the incorrect tools, use the incorrect gear, etc.
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1
"I put $200 into my retirement account at work," Maisie says. "And I see that my employer put in $200 in the same account! What is this?" What is
Maisie describing?
A. medical insurance
O B. worker's compensation
OC. matching funds
O D. Social Security
um. All rights reserved.
Reset
Next
G
Answers
In matching funds, as Maisie is discussing, her company makes a contribution to her retirement account that is equal to the one she makes.
What do you mean by matching funds?funding matches. a confirmed cash contribution or financial commitments from approved sources, free of any conflicts of interest, that are used for approved project purposes during the grant financing period.
How do match funds function?The non-federal portion of the total project expenditures that a grantee must contribute in order to fulfill the objectives of the award is known as a match for a federal grant. The program RFP should be consulted because the needed match percentage, sources of match, and other conditions differ from program to program.
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A used car costs $5000 you drive it for 4 years. You drive 10,000 miles per year. Your car insurance is $1,200 per year. You spend $400 on maintenance. Gas costs $4 and the car gets 25 miles per gallon. What is the average cost per mile over the 4 years?
Answers
Answer:
$0.445 per mile
Explanation:
Calculation for what the average cost per mile
will be over the 4 years
First step is to calculate the Insurance cost
Insurance cost = $1,200 x 4
Insurance cost = $4,800
Second Step is to calculate the Maintenance cost
Maintenance cost = $400 x 4
Maintenance cost = $1,600
Third Step is to calculate the Total mileage
Total mileage = 10,000 miles per year x 4 years Total mileage= 40,000 miles
Fourth step is to calculate the Gas cost
Gas cost =( 1 gallon/25 miles per gallon x 40,000 miles)x $4 per gallon
Gas cost = 1,600 gallons x $4 per gallon
Gas cost=$6,400
Last step is to calculate the average cost using this formula
Average cost =Initial cost+Insurance cost+Maintenance cost +Gas cost/Total mileage
Let plug in the formula
Average cost = $5,000 + $4,800 + $1,600 + $6,400/40,000 mile
Average cost= $17,800 / 40,000 miles
Average cost = $0.445 per mile
Therefore what the average cost per mile
will be over the 4 years will be $0.445 per mile
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUStep 2
The risk assessment has been carried out and fortunately has not uncovered any major
problems. Now the owner wants your help in choosing the right kind of insurance for his
business. Help him by writing a guide on what to consider when making this decision so that
he chooses the right kind of insurance. Be sure to mention important factors such as the
influence of the business's location, the number of employees, and the industry they are in.
Answers
A risk assessment is considered to be a process in order to identify potential hazards and analyze what could happen if an hazard tend to occur.
The aim of the risk assessment process is in order to evaluate the hazards, and then remove those hazard or minimize the level of its risk thus by adding control measures. Thus, through this one creates a safer and healthier workplace.
The hazard identification and the risk assessment helps one in recognizing and controlling the hazards in the workplace. Thus, one should create awareness regarding this to their employees and use it as a training tool.
Hence, risk management standards are set based on acceptable safe practices.
The given question is incomplete, the complete question is-
The risk assessment has been carried out and fortunately has not uncovered any major problems. Now the owner wants your help in choosing the right kind of insurance for his business. Help him by writing a guide on what to consider when making this decision so that he chooses the right kind of insurance.
Be sure to mention important factors such as the influence of the business's location, the number of employees, and the industry they are in their workplace.
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what is one of the two levels on which cultures exist? multiple choice question. geographical features, including topography and terrain infrastructure, such as buildings and transportation business, or firms that sell goods and services underlying values, such as beliefs and thoughts
Answers
One of the two layers on which cultures exist is their underlying values, such as their views and beliefs.
What two types of things fall under the category of culture?The two basic types of culture are material culture, or physical things produced by a civilization, and nonmaterial culture, or intangible things produced by a society.
What various cultural layers are there?The term "culture" refers to the body of deeply ingrained beliefs and customs that characterize a society or people group. While studying culture, anthropologists typically refer to it as having three layers. Subculture, national culture, and global culture are these.
What makes up the second layer of culture?The second layer of culture that could contribute to your sense of self is a subculture. Living in intricate, diverse communities where they frequently keep a significant percentage of their local cultural history are people from many different countries.
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What are references?
Answers
Answer:
Reference is a relationship between objects in which one object designates, or acts as a means by which to connect to or link to, another object. The first object in this relation is said to refer to the second object. It is called a name for the second object.
Explanation:
Answer:
Reference is a relationship between objects in which one object designates, or acts as a means by which to connect to or link to, another object
Explanation:
United Supply has a $20 million liability at December 31, 2021, of which $4 million is payable in each of the next five years. United Supply reports the liability in the balance sheet as a:
Answers
Which situation best illustrates how global trade promotes specialization?
A. A country sets strict limits on the amount of goods it can import
from other countries in a single year.
B. A country tries to export as many goods as possible by making a
huge variety of different products.
C. A country imports food and medicine from its neighbors so that
its workers can focus on making cars.
D. A country ensures that it will not become too reliant on trade by
producing all of its own food and clothing,
Answers
Answer:
C. A country imports food and medicine from its neighbors so that
its workers can focus on making cars.
Explanation:
Just got it right on my quiz!
The situation that best illustrates how global trade promotes specialization is that a country imports food and medicine from its neighbors so that its workers can focus on making cars.
Specialization by nations or individuals makes them to produce at the lowest cost and then trade with others,International trade often promotes specialization and division of labor and increases output and consumption. When an economy specializes in production, it brings about gains from international trade.
An example, a country can produce rice at a lower cost than beans, it can choose to specialize and dedicate all its resources to the production of rice, using some of them to trade for beans.
Conclusively, by specialization, countries specialize in certain products which they trade for other goods.
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When two or more persons work together to circumvent internal control procedures and commit a fraud, this is called.
Answers
1. What is a limited liability company?
Answers
Answer:
A limited liability company is a legal entity created through state approval and treated as separate from its owners.It is said to have a legal identity of its own because it can sue and be sued.
Explanation:
How many nickels make 30 cents?.
Answers
A nickel coin is equal to 5 cents. To make 30 cents, we need 6 nickels.
The nickel is the five-cent coin of the United States. Thomas Jefferson, our third president, is depicted on the obverse (heads) of the nickel. Although the current portrait is from 2006, he has been on the cent since 1938.
The United States Mint added a new portrait of Jefferson to the front of the nickel in 2005 to give the currency a more modern appearance. Joe Fitzgerald created the image. The Mint had designed two possible reverse sides of the coin, each with a distinct motif based on "a Westward Journey." One design portrayed the American bison, while the other depicted the Pacific Ocean, the expedition's ultimate aim.
A nickel = 5 cents.
It means that:
2 nickels = 2 x 5 cents = 10 cents
3 nickels = 3 x 5 cents = 15 cents
Therefore, to get 30 cents, we need: 30/5 = 6 nickels.
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Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated
Answers
Answer:
It's A.
Explanation: