Answer:
1. the positively here is you are sure of the money need to run the business even without one doing much as long as taxes are paid and these business sectors under this category are non profit organization but for the betterment of the people
Explanation:
2. no profit is made so no gain, no specifiation on the goods to fit the requirements of the masses and mass production is mostly low quality.
Suppose Americans working in the textile industry decide to boycott goods made in the European Union. Explain how this boycott will affect each of the following: The supply of dollars The international value of the dollar
Answer: See explanation
Explanation:
The supply of dollars: The boycott by the Americans would result in the reduction in the supply of dollars on the international market. This is due to the fact that there will be less dollar going to the European Union.
The international value of the dollar: There'll be a depreciation in the value of the dollar. A reduction in demand would lead to decline in it's value.
the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle
Given:
Area of a rectangle is [tex]600 \text{cm}^2[/tex].
Breadth is two-third of its length.
To find:
The length and breadth of the rectangle .
Solution:
Let x cm be the length of the rectangle.
Then, Breadth or width of the rectangle = [tex]\dfrac{2}{3}x[/tex] cm
Area of a rectangle is
[tex]Area=Length \times Breadth[/tex]
[tex]600=x \times \dfrac{2}{3}x[/tex]
[tex]600=\dfrac{2}{3}x^2[/tex]
Multiply both sides by 3.
[tex]1800=2x^2[/tex]
Divide both sides by 2.
[tex]900=x^2[/tex]
Taking square root on both sides.
[tex]\pm \sqrt{900}=x[/tex]
[tex]\pm 30=x[/tex]
Length cannot be negative. So, x=30.
Now,
Length = [tex]30\text{ cm}[/tex]
Breadth = [tex]\dfrac{2}{3}\times 30\text{ cm}[/tex]
= [tex]2\times 10\text{ cm}[/tex]
= [tex]20\text{ cm}[/tex]
Therefore, the length of the rectangle is 30 cm and the breadth is 20 cm.
A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total asset turnover were respectively:
Select one:
a. 13.3%; 0.2.
b. 13.3%; 1.5.
c. 2.0%; 1.5.
d. 1.5%; 0.2.
e. 1.5%; 13.3.
Answer:
a. 13.3%; 0.2.
Explanation:
Profit margin can be expressed as a ratio or a percentage. It is also called the gross profit ratio
The formula for gross margin
= net income/ net sales x 100
= $40,000/ $300,000 x 100
=13.33%
The formula for calculating asset turnover ratio is net sales divide by
average total assets.
=Net sales/ average total sales
=$40,000/$200,000
=0.2
RWJ inc., produces the different medical devices. the following relates to the three products for next year. under an activity-based costing system, the per-unit overhead cost of device z is closest to
Answer:
Exing relates to the three products for next yeaplaRWJ inc., produces the different medical devices. the following relates to the three products for next year.nation:
Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.):
Answer:
1. $15,406
2. $6,461
3. $2,118
4. $15,262
Explanation:
Calculation to Determine the present value
1. Calculation for the Present Value of $31,000, n= 12, i =6%
First step is to find the Present value of $1:
n= 12, i =6% (from PV of $1)
Where,
n represent the period for investment
i represent the interest rate
The Present value of $1:n= 12, i =6% (from PV of $1) is 0.49697
Now let Calculate the Present Value of $31,000,n= 12, i =6%
Present value=$31,000 *0.49697
Present value= $15,406
2. Calculation for the Present Value of $25,000, n= 20, i =7%
First step is to find the Present value of $1:
n= 20, i =7% (from PV of $1)
Where,
n represent the period for investment
i represent the interest rate
The Present value of $1:n= 20, i =7% (from PV of $1) is 0.25842
Now let Calculate the Present Value of $25,000, n= 20, i =7%
Present value=$25,000 *0.25842
Present value= $6,461
3. Calculation for the Present Value of $36,000, n= 25, i =12%
First step is to find the Present value of $1:
n= 25, i =12% (from PV of $1)
Where,
n represent the period for investment
i represent the interest rate
The Present value of $1:n= 25, i =12% (from PV of $1) is 0.05882
Now let Calculate the Present Value of $36,000, n= 25, i =12%
Present value=$36,000 *0.05882
Present value= $2,118
4.Calculation for the Present Value of $51,000, n= 14, i =9%
First step is to find the Present value of $1:
n= 14, i =9% (from PV of $1)
Where,
n represent the period for investment
i represent the interest rate
The Present value of $1:n= 14, i =9% (from PV of $1) is 0.29925
Now let Calculate the Present Value of $51,000, n= 14, i =9%
Present value=$51,000 *0.29925
Present value= $15,262
Therefore the PRESENT VALUE will be:
Future Amount i = n = Present Value
1 $31,000 6% 12 =$15,406
2 $25,000 7% 20 =$6,461
3 $36,000 12% 25 =$2,118
4 $51,000 9% 14 =$15,262
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