Answer:
40%
Explanation:
The MycroFiber's cost of production is $4 a square yard.
The Price of the material is $10 a square yard
The margin percentage is calculated as shown below:
Profit Margin = Profit/Revenue
Profit Margin = ($4/$10)* 100%
Profit Margin 40%
MycroFiber's margin percentage is 40%
The correct option will be "a. 40%."
How much do alcohol related crashes cost Florida every year
like $44 millon
hopes it help
Prepare a vertical analysis of the balance sheet data for Nike for 2020. (Round percentages to 1 decimal place, e.g. 12.3%.) NIKE, INC. Condensed Balance Sheet choose the accounting period $ (in millions) Percent Assets Current assets $8,961 enter your answer in percentages rounded to 1 decimal place % Property, plant, and equipment (net) 1,957 enter your answer in percentages rounded to 1 decimal place % Other assets 1,584enter your answer in percentages rounded to 1 decimal place % Total Assets $12,502enter your answer in percentages rounded to 1 decimal place % Liabilities and Stockholders' Equity Current liabilities $2,970 enter your answer in percentages rounded to 1 decimal place % Long-term liabilities 1,302 enter your answer in percentages rounded to 1 decimal place % Stockholders' equity 8,230enter your answer in percentages rounded to 1 decimal place % Total liabilities and Stockholders' Equity $12,502enter your answer in percentages rounded to 1 decimal place %
Answer:
NIKE, INC.
NIKE, INC.
Condensed Balance Sheet
As of December 31, 2020 $ (in millions) Percent
Assets
Current assets $8,961 71.7%
Property, plant, and equipment (net) 1,957 15.6%
Other assets 1,584 12.7%
Total Assets $12,502 100%
Liabilities and Stockholders' Equity
Current liabilities $2,970 23.8%
Long-term liabilities 1,302 10.4%
Stockholders' equity 8,230 65.8%
Total liabilities and Stockholders' Equity $12,502 100%
Explanation:
a) Data and Calculations:
NIKE, INC.
Condensed Balance Sheet
As of December 31, 2020 $ (in millions) Percent
Assets
Current assets $8,961
Property, plant, and equipment (net) 1,957
Other assets 1,584
Total Assets $12,502
Liabilities and Stockholders' Equity
Current liabilities $2,970
Long-term liabilities 1,302
Stockholders' equity 8,230
Total liabilities and Stockholders' Equity $12,502
Each balance sheet item is expressed as a percentage of the total assets under the vertical analysis. This means that the item is divided by the total assets value of $12,502 multiplied by 100.
The _____ prohibits the transfer of personal data to non-European Union nations that do not meet the European adequacy standard for privacy protection. Group of answer choices European Data Transfer Act Organization for Economic Cooperation and Development privacy guideline Code of Fair Information Practices European Union Data Protection Directive
Answer:
European Union Data Protection Directive
Explanation:
The European Union Data Protection Directive was implemented in October 1995 and regulates the processing of personal information of citizens of the European Union. It is also mean to protect personal information from being accessed by countries outside of the European Union.
The General Data Protection Regulation enacted in April 2016 eventually replaced the European Union Data Protection Directive.
Personal data of individuals should not be processed at all if the following conditions are not met: legitimate purpose, transparency, and proportionality.
Three sisters are interested in forming a business together. They have three initial concerns: How to maximize their benefits from the fact that the business is not expected to earn money for at least the first 2 years Making sure that the business will be able to continue in the event one or two of the sisters dies Minimizing their personal liability for the obligations of the business On the basis of the sister's concerns, which form of business is appropriate for the situation
Answer:
Limited liability company
Explanation:
A limited liability company is one that the owners are not personally liable for the business. Rather the company is a legal entity on its own and can be sued legally as a sepearte entity from its owners.
It combines features of a corporation and a partnership or sole proprietorship.
This will be the best type of business given that the business will not be expected to earn for the first two years. The sisters will not be personally liable for any debt incurred.
Also the business will continue even if only one of the sisters remains.
So an LLC is the best option for them.
Harry's, your family-owned business, has been serving breakfast, lunch, and dinner in your city for so long that it's practically an institution! Your lunch menu items range in price from $8.99 to $13.99. Recently, your head chef suggested adding a delicious new seafood option to the lunch menu, but the costly ingredients involved will force you to charge $17.99 for it, which is comparable to what you charge for dinner menu items. You're concerned that this will upset your long-time customers. What should you do?
A. Set the price at $17.99, but raise the prices of all other menu items by S2 or more so it doesn't stand Support and out
B. Set the price at $17.99, and trust that your customers will see the value of the new menu item
C. Set the price at $14.99 for the first month, then gradually raise it to $17.99 over the next three months
D. Set the price at $13.99, but cut costs on all other menu items to make up for any revenue shortfalls
Answer:
Option C
Explanation:
To run a food business, the first and foremost thing is to attract customers and create a customer base. Hence, the price must be kept lower in the initial days to grab attention of customer. As the customer become used to with the product taste and quality, the prices can be increased to make the business profitable.
Hence, option C is correct
The target cost is __________. ANSWER Unselected reevaluating activities to reduce costs while satisfying customer needs Unselected the amount a customer is willing to pay for a good or service Unselected the maximum cost to develop, produce, and deliver the product or service and earn the desired profit Unselected the minimum cost to develop, produce, and deliver a good or service Unselected I DON'T KNOW YET
Answer:
the maximum cost to develop, produce, and deliver the product or service and earn the desired profit
Explanation:
Target Cost is Selling Price – Profit Margin
Target Cost = Selling Price – Profit Margin
Features of target cost
1. The price at which the good and service is sold is determined by market conditions
2. Cost reduction is the difference between current cost and target cost
Advantages if target cost
1. It ensures that a product being created is profitable
2. Due to the fact that the product is developed in line with consumers wants, it increases the sales of the product
Disadvantage of target costing
1. If cost estimate is wrong, it can lead to failure of the venture
According to the Coase theorem, private parties can solve the problem of externalities if a. the cost of bargaining is small. b. the initial distribution of legal rights favors the person being adversely affected by the externality. c. the number of parties involved is sufficiently large. d. All of the above are correct.
Answer:
the cost of bargaining is small.
Explanation:
A good has externality if other economic agents that are not involved in either production or consumption are affected by economic activities
types of externalities
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Coase theorem has been proposed as a solution to externality. According to this theory, when there are conflicting property rights, bargaining between parties involved can lead to an efficient outcome only if the bargaining cost is low
Inkamva Lethu was established to offer counseling service for drug addicts and raise substance abuse awareness at no cost, identify form of ownership for this statement
Answer: Nonprofit Corporation
Explanation:
A Nonprofit corporation is one where the organization works to promote the good of the public in general either through charity, education, science, health and the like. These organizations provide their services at no cost and therefore rely on donations from benefactors to keep them going.
Inkamva Lethu is a Nonprofit corporation as it works for the public good by counseling drug addicts and raising awareness of substance abuse. They do this at no cost as well so they are a nonprofit corporation.
Task 1: An advertising technique that uses a new kind of technology to communicate its
message
Type your reponse here:
Task 2:
An advertising technique that is most effective at the point of sale (i.e. at the moment the
customer purchases the product)
Type your reponse here:
Task 3:
A real-world case study of a company that was legally penalized for making false advertising
claims
Type your reponse here:
Answer:
Task 1: Contextual Advertising
Task 2: Point of Sale Promotional Advertising technique
Task 3: Airborne Herbal supplement that claimed to have the keep germs and bacteria to prevent common cold and flu
Explanation:
Task 1
Contextual advertising is a form of advertising that uses automated systems that references the identity and he content of the opened page to select and serve adverts on mobile platforms, websites and browsers, including on newly developed social media applications
AdSense is an example of contextual advertising
Task 2
Promotional marketing and advertisement are desirous to customers interested in buying more for less and includes 'deals', 'favorite items', and 'new arrivals'
Task 3
False advertising includes the making of insufficiently verified claims about products that can lead to being legally penalized
The effectiveness of Airborne to keep germs off germs away was being questioned by the Center for Science in Public Interest, due to the non existence of standard scientific studies to support the claim
An example of a normative economic argument is: Group of answer choices arguing that high degrees of income inequality is inefficient because it leads to greater expenditures on health care costs. arguing that universal health care should be adopted because overall costs are lower under that type of health care system. arguing that high degrees of income inequality is inefficient because it leads to greater governmental expenditures on welfare programs. arguing that high degrees of income inequality is immoral and unjust. all of the available answers are correct.
Answer:
arguing that universal health care should be adopted because overall costs are lower under that type of health care system
Explanation:
Normative economics is one that states what should be as opposed to what is obtainable. It is a prescriptive view of a situation involving investment projects, economic development, statements, and scenarios.
In the given instance the normative statement is: arguing that universal health care should be adopted because overall costs are lower under that type of health care system.
The view here is that the present cost in health care system is presently high.
To reduce the overall costs we should use universal health care as a way to reduce costs.
Activity-based costing (ABC) can eliminate cost distortions because ABC: A. develops cost drivers that directly link the activities performed to the products manufactured. B. establishes multiple cost pools. C. employs capacity-related cost drivers. D. recognizes interactions between different departments in assigning overhead costs.
Answer:
A. develops cost drivers that directly link the activities performed to the products manufactured.
Explanation:
ABC identifies the activities and according to that the cost are distributed that based on the predetermined overhead rate. So it also helps in removing the distortions of the cost so that drivers of the cost could be identified that are applied for the cost distribution for the activities that are performed
Therefore the option a is correct
XYZ Co. purchased merchandise on June 10 at a $5,000 invoice price with terms of 2/10, n/30 and paid for the merchandise on June 25. Illustrate the required entries to record and pay for this purchase under both the gross method and the net method by matching the action on the left with the method on the right. (Assume a perpetual inventory system is used.)
Answer:
Credit Cash for $5,000 on June 25.: Both methods
Credit Cash for $4,900 on June 25.: Neither method
Debit Discounts lost for $100 on June 25.: Net method
Debit Merchandise inventory for $5,000 for June 10.:Gross method
Explanation:
Based on the information given the required entries to record and pay for this purchase under both the GROSS METHOD and the NET METHOD by matching the action on the left with the method on the right will be :
Credit Cash for $5,000 on June 25.: BOTH METHODS
Credit Cash for $4,900 on June 25.: NEITHER METHOD
(100%-2%*$5,000)
Debit Discounts lost for $100 on June 25.: NET METHOD
(2%*$5,000)
Debit Merchandise inventory for $5,000 for June 10.:GROSS METHOD
The only way workers in industrialized countries can compete with their counterparts in the developing world will be through:
A) increased use of the cost leadership strategy.
B) increased diversity within the organization.
C) increased empowerment of employees.
D) increased productivity by using technologically-intensive manufacturing technologies.
E) increased flat organization structure.
Answer: D. Increased productivity by using technologically-intensive manufacturing technologies.
Explanation:
Technology has made work easier in many industies. Artificial intelligence has made things much easier, involving lots of robots and reducing human efforts, which tends to make things faster and smarter. People who work in industies of industrialized countries can compete with those of developed world by technology, because both party make use of technology, so the input and output from their industry would be same based on the facilities they use.
Organizations can use common core security principles recommended as industry best practices when developing policies, standards, baselines, procedures, and guidelines. Which principle states that policy and standards library documents should be written to consider everyone affected, including technical, administrative, organizational, operational, commercial, educational, and legal personnel
Answer:
Multidisciplinary principle
Explanation:
In simple words, multidisciplinary approach refers to the framework for business management under which the administration makes rules and procedures to operate in such a way that every individual at stake will be equally impacted from them.
This is a modern technique for management and avoids every kind of bias like gender, race etc.
Lightning strikes one of Christy’s trees in her backyard and starts a fire that spreads to two other trees before firefighters are able to put it out. The fire department charges her $600 for responding to her call. Christy’s DP-2 policy has a Coverage A limit of $95,000. What is the maximum amount of indemnification that Christy can expect to receive for this loss (ignoring any deductible)?
Answer:
$2000
Explanation:
The maximum amount of indemnification that Christy can expect to receive for the loss = $2000
Given that Indemnity is the payment made to an insured person that will cover the exact cost of the loss suffered
limit of Christy's DP-2 policy = $95,000
Cost of damages charged by fire department = $600
This is a partial loss ( not considering depreciation )
Replacement cost = $95,000
assume percentage of loss = 2.1%
Max amount of Indemnification = 2.1% * 95,000 = $1995 ≈ $2,000
distinguish between supermarket and hypermarket (five points each)
Answer:
A Supermarket is a large store, but a Hypermarket is much bigger than a Supermarket. Hypermarkets store a higher number of FMCG products than a Supermarket.
who is the CEO of Amazon
Plzzz help me with this one
Answer:
what the question.....
Can someone co-sign on multiple car loans?
I want to get a car right now, but my mom is co-signing on my sister's car. Is she able to co-sign on my car loan as well, or can she only co-sign on one?
Answer:
Yes
Explanation:
I believe so as long as you do the credit check and as long as you can afford the price you should be fine.
I am not 100% sure but I am pretty sure you can. Make sure you get others answers before making a definite decision.
Hope this helps and if it does, don't be afraid to give my answer a "Thanks" and maybe a Brainliest?
Answer:
She should be allowed to co-sign both of you.
Explanation:
Disclaimer: Not an expert on this topic, but can give you relevant info I found.
I goog.led it and it said that she can infact co-sign both of you if she has good enough credit history and is financially stable. Here's the websites that say that:
"You can even co-sign multiple car loans at the same time."
https://www.autocreditexpress.com/blog/can-i-cosign-if-i-have-a-car-loan-already/
https://itstillruns.com/can-cosign-multiple-cars-7746994.html
P.s. the car dealer you go to can also clarify these things more clearly or your bank would be more credible so feel free to reach out to them.
All of the following are true of custodial accounts, except: Group of answer choices custodial accounts represent a way parents can indefinitely control children. minors can set up custodial accounts with a parent. minors can set up custodial accounts with an older relative or friend. custodians can withdraw money from a custodial account for the benefit of the minor.
Answer:
custodial accounts represent a way parents can indefinitely control children
Explanation:
A custodial account is a financial account like the bank account, the trust fund or the brokerage account that could be set up for the beneficiary benefit and it is held by the responsible person who we called as the legal guardian
So as per the given situation, the above statement should be considered as it does not represent the way in which the parents could have the indefinite control with their children
Therefore the same is to be relevant
The incorrect statement related to the custodial accounts is " custodial accounts represent a way parents can indefinitely control children.
What are custodial accounts?The custodial accounts can be defined as the accounts that are managed by a legal person or a guardian for the benefit of the beneficiary. The person who administer the account has an fiduciary obligation towards the beneficiary.
The minors can set a custodial account with their parents or any of the elder relative or friend. The Guardian can withdraw money from the custodial account for the benefit of the beneficiary or minor.
Therefore the correct option is a.
Learn more about custodial accounts here:
https://brainly.com/question/18430209
During team meetings Amber Downing always notices that Rhoma Law tends to ask innumerable questions and suggest ideas at each discussion. However, Law stands out in the meetings only because she is the only one making suggestions. If both of them were part of team meetings where almost all member made w o rd asked questions, Law would not have drawn as much attention from Downing. Which of the following factors has most likely influenced Downing's perception of Law
A) expectation
B) interest
С) pault experience
D) context Emotive
Answer: context
Explanation:
The factor that has most likely influenced Downing's perception of Law is context.
Context refers to the situation for the occurence of a event. It's vital to look at the circumstances that were present at the time of the behavior of a person when attempting to understand the person's behavior.
Assuming both of them were part of team meetings where almost all member gave their own suggestions, then Law would not have drawn as much attention from Downing.
Andrew is buying a dirt bike for $900. He will make $100 payments each
month until the bike is paid in full. This is an example of what type of loan?
A. Revolving credit
B. Installment credit
C. Single-payment loan
D. None of the above
Answer:
B Installment credit
Explanation: An installment credit loan can have a repayment period lasting from months to years until the loan is paid off.
Evaluate your ability to consume wisely, Explain why this skill is essential to achieving your life span
plan
Answer:
Consumerism is a way of life in which the regular purchase of secondary goods, in which the social value of the product and its influence on social status and identity plays a huge role in society and everyday life.
The term originated with the rise of the consumer society in the twentieth century. Where previously the market was supposed to regulate itself, this did not always work sufficiently, so that consumers began to unite in consumer movements and consumer organizations. Consuming is then seen as a right, a right that is defended to the extreme. In addition, consumerism is also seen as good for the economy and therefore worth pursuing, as it keeps economy working.
In this sense, the fact of operating within the framework of the consumer society in a responsible, wise and meticulous way matters that individuals do not relapse into behaviors that put their financial situation in trouble.
Many checking accounts offer multiple ways of accessing money in addition to checks. Which of these can be used to access money in a checking account?
debit card
credit card
certificate of deposit
passbook
One of the ways through which money in a checking account can be accessed is: A. debit card.
What is a checking account?A checking account is also referred to as a current account or transaction account and it can be defined as a type of bank account at a financial institution, that allows an accountholder to easily deposit and withdraw his or her money for daily activities.
This ultimately implies that, the use of a debit card is one of the ways through which money in a checking account can be accessed because it allows for deposits and withdrawals of cash at any given time.
Read more on a debit card here: https://brainly.com/question/8432538
f the cross-price elasticity of food and clothing (% change in demand for clothing / % change in the price of food) is -0.7, then the income effect on demand for clothing caused by a price increase of food A. tends to increase the consumption of clothing. B. tends to decrease the consumption of clothing. C. is less than the substitution effect. D. None of the above.
Answer:
Option "D" is correct.
Explanation:
Given the cross-price elasticity = -0.7
The rise in price of a commodity will decrease the consumption of the same commodity but it will increase the consumption of its substitute commodity. When the price rises for food then the nominal income falls, resulting in the fall in demand for food. Since income elasticity considers the change in actual income. Thus option D is correct.
As the CEO of your company, you can use only the planning and controlling functions to reach your organizational goals.
Select one:
O True
O False
Answer: False
Explanation:
CEOs are top management and top management use all five functions of management to ensure that the company reaches its goals and objectives.
The CEO has to use planning to to decide what long term strategies the company will use to achieve its goals. They have to use controlling to evaluate and improve the methods the company is taking to achieve its long term goals.
They also have to use staffing to hire the best top level and middle level talents that can push the company forward. As management they have to use leading to get the employees inspired to move the company forward and finally they will use organizing to put the various processes in the company together to ensure that the company's goals are met.
A manufacturing plant located by a busy highway uses and stores highly volatile explosives. The owner of the plant has imposed strict safety measures to prevent an explosion at the plant. During an unusually heavy windstorm, a large tile was blown off the roof of the plant and crashed into the windshield of a passing car, damaging it. The driver of the car brought a strict liability action against the owner of the plant to recover for the damage to the car’s windshield. Is the driver likely to prevail?
Answer: No, because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.
Explanation:
Based on the information given in the question, the driver will not prevail. This is because the damage to the windshield did not result from the abnormally dangerous aspect of the plant’s activity.
In this case, the owner of the plant has imposed strict safety measures to prevent an explosion at the plant and the damage of the windshield of the car was due to heavy windstorm and not from the plants activities.
After serving a good number of customers in its home state, Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers. This has enabled the company to successfully maintain its corporate strategy. Marble Cakes, Inc. is engaging in which of the following? Select one.
a)Vertical integration
b)Horizontal diversification
c)Horizontal specialization
d)Vertical specialization
Answer:
b)Horizontal diversification
Explanation:
Horizontal diversification is defined as the process by which a business starts providing a product that is unrelated to its previous products supplied.
However the market is a similar one.
In the given scenario Marble Cakes, Inc. has set up business in three other states with additional menu options of cupcakes, donuts, and coffees to generate new customers.
The new set of products are completely different from the one initially supplied, but sales is in similar market as before.
Use the following information to determine the ending cash balance to be reported on the month ended June 30 cash budget.
Beginning cash balance on June 1, $95,000.
Cash receipts from sales, $418,000.
Budgeted cash disbursements for purchases, $273,000.
Budgeted cash disbursements for salaries, $96,000.
Other budgeted cash expenses, $58,000.
Cash repayment of bank loan, $33,000.
Budgeted depreciation expense, $35,000.
A. $111,000.
B. $86,000.
C. $76,000.
D. $53,000.
Answer:
D. $53,000.
Explanation:
The computation of the ending cash balance is shown below:
Beginning cash balance $95,000
Add: Receipts
Cash sales $418,000
Total cash receipts (a) $513,000
Deduct: Payments:
Cash payment for purchases -$273,000
Cash payment for salaries -$96,000
Other cash expenses -$58,000
Repayment of bank loan -$33,000
Total cash payments (b) $460,000
Net receipts /( payments) (a) - (b) $53,000
Memphis Company anticipates total sales for April, May, and June of $910,000, $1,010,000, and $1,060,000 respectively. Cash sales are normally 20% of total sales. Of the credit sales, 40% are collected in the same month as the sale, 55% are collected during the first month after the sale, and the remaining 5% are not collected. Compute the amount of cash received from credit sales during the month of June.
A. $925,600.
B. $687,200.
C. $723,600.
D. $995,600.
E. $783,600.
Answer:
E. $783,600.
Explanation:
The computation of the amount of cash received from credit sales is shown below
Months Credit sales(80%)
April 728000
May 808000
June 848000
Now the amount of cash received is
= ($848,000 × 0.4) + ($808,000 × 0.55)
= $783,600
