Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $18,600. The bank reconciliation for the period showed an adjustment for a deposit in transit of $1,550, outstanding checks of $2,100, a NSF check of $800, bank service charges of $35 and the EFT from a customer in payment of the customer's account of $1,600. What was the cash balance on the Egrane's books (before the adjustments for items on the bank reconciliation)? Multiple Choice $18,050 $17,285 $19,150 $20,415

Answers

Answer 1

Answer:

Option B $17,285 is correct the answer.

Explanation:

Computation Table                      

Particular                         Amount

Ending balance        $18,600

Add: Deposit in transit $1,550

Less: Outstanding  $2,100

Add: NSF check         $800

Add: Bank  charges $35

Less: EFT                 $1,600

Cash balance          $17285


Related Questions

How should the headings of a resume be formatted so that they are clear and easy to find?
a. bold and italicized
b. capitalized and bold
c. underlined and italicized
d. capitalized and underlined

Answers

Answer: Capitalized and bold

Answer:

B. capitalized and bold

Explanation:

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Farmers today use ______ to determine the best use of seed and fertilizer to improve their crops. technology.

Answers

Today's farmers employ "technology" to decide how to use fertilizer and seed best to boost their crops.

Explain the use of technology in farming?

The way modern farms and agricultural enterprises operate differs greatly from how they did a few decades ago, largely due to technological developments in the form of sensors, machinery, devices, and information technology.

Robots, temperature and humidity sensors, aerial photographs, and GPS technology are all frequently used in modern agriculture. Businesses can become more successful, productive, safe, and environmentally friendly thanks to these cutting-edge equipment, robotic systems, and precision agriculture techniques.

Benefits comprise:

increased agricultural output.Using less water, fertilizer, as well as pesticides results in lower food costs.lessening of the impact of natural ecosystemsless chemical discharge into groundwater and waterways.improved workplace security.

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5.
An efficient economy is one that
Ouses its resources to make the most goods and services.
Ohas very few people who do not work for a living.
Omake it possible to increase an economy's output.
Omakes the best use of all its goods and services.
I

Answers

An efficient economy is one that uses its resources to make the most goods and services.

For each lease below identify whether the short-term lease recognition exemption would be available. Fill in the columns by dragging and dropping the options from below, and then select Submit.

Answers

Here is the analysis of whether the short-term lease recognition exemption would be available for each lease:

How to explain the lease

Lease 1: Lease term: 11 months

Option to purchase: No

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and there is no option to purchase the underlying asset.

Lease 2:Lease term: 10 months

Option to purchase: Yes, but the lessee is not reasonably certain to exercise the option.

The short-term lease recognition exemption would be available for this lease because the lease term is 12 months or less and the lessee is not reasonably certain to exercise the option to purchase the underlying asset.

Lease 3: Lease term: 11 months

Option to purchase: Yes, and the lessee is reasonably certain to exercise the option.

The short-term lease recognition exemption would not be available for this lease because the lease term is 12 months or less, but the lessee is reasonably certain to exercise the option to purchase the underlying asset.

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the marginal factor cost for labor is group of answer choices the net cost to a monopsonist of hiring an additional unit of labor. the net gain to a monopolist seller of labor if an additional unit of labor is hired. the demand for labor. the supply of labor.

Answers

the best alternative to the question is (a) the net cost to a monopsonist of hiring an additional unit of labor. The marginal factor cost for labor refers to the additional cost that a monopsonist incurs when they hire an extra unit of labor. In other words, it is the cost of hiring one more worker for a company that has monopsony power in the labor market. It is calculated as the change in total cost divided by the change in the quantity of labor hired.

The marginal factor cost for labor is different from the marginal cost of labor, which is the cost of producing one more unit of output by adding one more unit of labor. The marginal factor cost for labor is concerned with the cost of adding another worker, while the marginal cost of labor is concerned with the cost of producing one more unit of output.
In a competitive labor market, the marginal factor cost for labor is equal to the wage rate. However, in a monopsonistic labor market, the marginal factor cost is higher than the wage rate because the monopsonist must pay higher wages to attract additional workers.

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the balanse sheet is the foloowing
assets:
rate sensitive 35 and rate is 8.5%
non rate sensitive 30 and rate is 9.5
fixed assets 5
Liabilities:
rate sensitive 20 and the rate is 6.5%
non rate sensitive 45 and rate is 7.5%
equity 5
1. what is the dollar amount of the GAp positions
2. What is the rate differential earned on the GAp position
3. what is the expected pre tax profit on the GAP position
4. if interest rates fall unexpectedly, what will happed to net interest income of this banking organizations

Answers

The GAP position is 15. Based on the provided balance sheet, we can calculate the GAP position as follows:

Rate Sensitive Assets = 35 Rate Sensitive Liabilities = 20 GAP = Rate Sensitive Assets - Rate Sensitive Liabilities GAP = 35 - 20 = 15

Therefore, the GAP position is 15.

To calculate the rate differential earned on the GAP position, we would need additional information such as the time frame for which the rates are sensitive, and the interest rate sensitivity of both the assets and liabilities.

The expected pre-tax profit on the GAP position would depend on the interest rate sensitivity of the assets and liabilities and the rate differential earned on the GAP position.

If interest rates fall unexpectedly, the net interest income of this banking organization would increase, as the reduction in the interest rates would decrease the interest expense on the rate-sensitive liabilities faster than the decrease in the interest income on the rate-sensitive assets.

Please note that the calculations provided here are only a general guide and may not accurately reflect the actual financial situation of the organization. Financial decisions should be based on more detailed analysis and professional expertise.

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Question 9 (1 point)
Owning a nursery is a good example of a career in the agriculture, food, and natural
resources career cluster
True
False

Answers

Answer:

True

Explanation:

Nursery refers to a section of a farm where plants are grown up to the desired age before transplanting to bigger fields. They provide a convenient way of taking care of seedlings.  Nurseries offer favorable growth conditions for germinating and growing food and non-food plant seedlings.

The agriculture, food, and natural resources cluster comprise all careers related to the creation of agricultural products. Someone who owns a nursery that grows food plants is under this cluster.

Answer:

True

Explanation:

What is an Individual Asynchronous Communicator? And provide 2 examples of people who are like that

Answers

Answer:

asynchronous communication is when you send a message without expecting an immediate response. For example, you send an email. I open and respond to the email several hours later. You can choose anyone you know for the example of people who are like that part. <3

Explanation:

the probability that texas will completely rewrite their constitution

Answers

While it is impossible to predict the future decisions of Texas regarding their constitution, the probability of a complete rewrite is generally low due to the complexity and political challenges involved.

However, in general, the probability of a state completely rewriting its constitution is typically low, as it is a complex and time-consuming process that requires significant political will and resources.Most state constitutions are amended over time rather than being completely rewritten, with the process of amendment being easier and less disruptive than rewriting the entire document.

However, in some cases, a state may choose to undertake a constitutional convention, where delegates are elected to review and potentially rewrite the entire constitution.In Texas, the state constitution has been amended many times since it was first written in 1876, but there has not been a constitutional convention in recent history. Any decision to completely rewrite the Texas constitution would require a significant political consensus and likely involve a lengthy and complex process of drafting and ratification.
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The probability of Texas completely rewriting their constitution is low, as it requires significant political will and a lengthy process.

The Texas constitution was last rewritten in 1876, and while there have been some amendments since then, a complete rewrite would require significant political will and a lengthy process. The state would need to convene a constitutional convention, which would require approval from the governor and two-thirds of the state legislature. Furthermore, a new constitution would require approval from voters. While there have been calls for a constitutional convention in recent years, the likelihood of a complete rewrite remains low. This is due in part to the fact that any proposed changes would need to be carefully considered and vetted, as they would have significant and far-reaching implications for the state and its residents.

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You are a marketing research consultant hired to organize focus groups for an innovative german-style fast food restaurant. What kind of people would you elect to participate in focus groups? What screening criteria would you use? What questions would you ask?

Answers

Explanation:

A focus group can be defined as a qualitative marketing research method where some people with common characteristics are brought together in a group who are guided by a trainer to promote discussions on a particular topic of interest and gather information to assist in decision making.

To organize focus groups for an innovative German-style fast food restaurant, you could separate 3 groups, the first being ages 18 to 30, the second 30-45 and the third group 45 and above.

The screening criteria could be, sources of income, profession, sex, taste for food, hobbies, etc.

The questions to ask could be related to the number of times a week people eat fast food, what is your favorite German food, how much are you willing to pay for the options offered in the restaurant, what elements do you consider most attractive in a restaurant ,etc.

Marketing __________ helps to identify what products customers have purchased in the past, current purchasing patterns, and future wants.

Answers

Marketing analytics helps to identify what products customers have purchased in the past, current purchasing patterns, and future wants.

Marketing analytics uses data to analyze trends and behaviors in order to better target customers and determine the effectiveness of marketing campaigns. By collecting data such as website visits, purchasing histories, and social media engagements, marketing analytics can help determine customer preferences and buying habits. Additionally, marketing analytics can be used to identify current and potential customers, understand their needs and desires, and craft marketing campaigns that are tailored to their interests.

Marketing analytics is used to develop insights that can be used to create more effective marketing strategies. It helps identify which products are the most popular and can reveal consumer trends and buying patterns. By looking at these trends, marketers can better understand the buying motivations of their customers, identify opportunities for upselling and cross-selling, and track the success of their campaigns. In addition, marketing analytics can be used to determine which customers are most likely to be loyal and which are at risk of defecting.

Overall, marketing analytics is a powerful tool that can be used to understand customer behavior, identify purchasing trends, and develop more effective marketing campaigns. By collecting and analyzing data, marketers can better understand their customers and create campaigns that are tailored to their interests and needs.

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A 5% bond with semiannual coupons has a face amount of 100 and was issued on January 15, 2010. The first coupon was paid on July 15, 2010, and the bond has a maturity date of January 15, 2030. The yield rate is i(²)=8%
Note: for all intermediate calculations involving am, use at least 6 decimal places of accuracy.
(a) Find the price of the bond on its issue date. Leave your answer to the nearest cent. (b) Is the bond bought at a discount or at a premium? Briefly explain your answer. (c) Suppose that the bond is sold for a price of 100.25 on January 15, 2021, just after a coupon has been paid, and suppose that the original bondholder was able to deposit coupons into an account earning an annual interest rate of 6% convertible semi-annually. Find the average effective annual rate of return earned by the original bond purchaser on his/her investment. Assume that interest on the deposit account is credited every January 15 and July 15. (d) Find the full price and market price of the bond on October 1, 2020 using a yield rate of i(²)=4%. Leave your answers to the nearest cent.

Answers

5% bond with $100 face amount issued on Jan 15, 2010, with semiannual coupons, maturity on Jan 15, 2030, and 8% yield rate. Therefore,

(a) Bond price on issue date: $97.43.

(b) Bond bought at discount due to higher yield rate.

(c) Original bond purchaser earned 5.67% average effective annual rate of return.

(d) Full price of bond on October 1, 2020: $99.73. Market price: $99.27.

Here are the calculations for each part:

(a) The bond has a coupon rate of 5%, which means that it pays a coupon of $5/2 = $2.50 every six months. The bond has a maturity of 20 years, which means that it makes 20 * 2 = 40 coupon payments. The yield rate is 8% convertible semi-annually, which means that the effective yield rate is 4% per six months.

The price of the bond on its issue date is calculated as follows:

Price = PV of coupon payments + PV of face value

= 40 * $2.50 * df(4%, 40) + $100 * df(4%, 80)

= $97.43

(b) The bond is bought at a discount because the yield rate is higher than the coupon rate. When the yield rate is higher than the coupon rate, the present value of the bond's future cash flows is less than the face value of the bond.

(c) The average effective annual rate of return earned by the original bond purchaser on his/her investment is calculated as follows:

AER = (1 + 6/2)² - 1

= 5.67%

(d) The full price of the bond on October 1, 2020 is calculated as follows:

Full price = PV of coupon payments + PV of face value

= 38 * $2.50 * df(4%, 38) + $100 * df(4%, 68)

= $99.73

The market price of the bond on October 1, 2020 is calculated as follows:

Market price = Full price - accrued interest

= $99.73 - $2.50

= $99.27

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pace is 64 years old and would like to retire from a job at a large accounting firm. pace, however, is concerned about health insurance and would not be eligible for medicare benefits until age 65. in addition, due to some serious health conditions, obtaining insurance in the private market is unlikely. pace has good health insurance at the accounting firm and is considering putting off retirement in order to keep it.
Refer to Fact Pattern 12-2. Assuming Pace exercises the rights under federal law to maintain current insurance with the accounting firm upon retirement, which of the following is true the premiums?
a. The employer would berequired to pay all premiums.
b. The employer would be required to pay for one-half of the premium, and Pace would be required to pay for one-half.
c. Pace and the employer would pay the premium based upon whatever arrangement was in effect during Pace's employment.
d. Pace would have to pay all premiums.

Answers

Assuming Pace exercises the rights under federal law to maintain current insurance with the accounting firm upon retirement, the premiums would be **paid by Pace and the employer-based upon whatever arrangement was in effect during Pace's employment**.

In this scenario, Pace is concerned about health insurance upon retirement and is considering putting off retirement in order to maintain coverage through the accounting firm where they work. Under federal law, Pace has the right to maintain current insurance with the accounting firm upon retirement. The premium payments would be determined based on the arrangement that was in effect during Pace's employment. It is possible that the employer paid the full premium while Pace was working, or that the premium was split between the employer and employee. Therefore, the premiums would be paid by Pace and the employer based on the arrangement that was already in place. It is not accurate to say that the employer would be required to pay all premiums, pay for one-half of the premium, or that Pace would have to pay all premiums, without additional information.

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The chess club needs to raise money for tournament uniforms. some members want to sell energy drinks at a football game to raise funds, but others want to organize a car wash in the school parking lot. based on the concept of scarcity, which thought should drive members' decision-making process to determine how to fundraise? where will unsold energy drinks be stored? is there enough consumer demand for a car wash? will the concession stand be open during the big game? are there enough volunteers to work a car wash?

Answers

The scarcity of individuals is the main issue here. The availability of adequate car wash volunteers will be decided in the decision-making process.

What is the decision-making process?

The decision-making process involves a process of decision-making by examining all the factors that contribute to the end.

At a chess club for deciding where to drink energy or car wash, the biggest problem will be determined by the availability of enough car wash volunteers.

Return of a non-marketable strong drink is possible. The club is visited by members, so finding a car wash will not be a problem. The agreement that will add to the revenue will be analyzed.

Thus, the availability of the number of volunteers for car washing was the major concern that will be raised in the decision-making process. Thus, option D is correct.

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Answer:"d" Are there enough volunteers to work a car wash?

Explanation:Took the test

What creative tactic was used in the campaign "A Family Trip Home from bellairdirect and Uber"? silce of life humour comparison dramatization

Answers

The creative tactic used in the campaign "A Family Trip Home from bellairdirect and Uber" is dramatization. The campaign "A Family Trip Home from bellairdirect and Uber" is an advertising campaign that utilized dramatization to attract customers' attention and help them understand the services offered by Bellairdirect and Uber.


The campaign features a family trip that is dramatized in a humorous way, which helps the audience to understand the challenges of travelling and the benefits of Bellairdirect and Uber.

The humorous dramatization helps the audience to relate to the characters in the ad and encourages them to use the services offered by Bellairdirect and Uber.  The creative tactic used in the campaign "A Family Trip Home from bellairdirect and Uber" is dramatization. The campaign is an advertising campaign that utilized dramatization to attract customers' attention and help them understand the services offered by Bellairdirect and Uber.

The campaign features a family trip that is dramatized in a humorous way, which helps the audience to understand the challenges of travelling and the benefits of Bellairdirect and Uber. The humorous dramatization is a creative tactic that has been used in advertising for decades. It helps the audience to relate to the characters in the ad and encourages them to use the services offered by Bellairdirect and Uber.

Dramatization involves the use of exaggerated situations or events that are designed to capture the audience's attention and create a memorable impression. It is an effective technique for advertisers because it helps them to create a strong emotional connection with their audience.

In the case of "A Family Trip Home from bellairdirect and Uber," the dramatization is used to highlight the challenges of travelling and the benefits of using Bellairdirect and Uber. By using humour to dramatize the situation, the audience is more likely to remember the ad and to associate it with positive feelings.

In conclusion, the creative tactic used in the campaign "A Family Trip Home from bellairdirect and Uber" is dramatization. The humorous dramatization is an effective technique for advertisers because it helps to create a strong emotional connection with the audience.

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· Hope's contribution to her RETIREMENT plan...
a. is a post-tax contribution on which she pays federal income taxes
b. is pre-tax and therefore not included in federal income taxes
c. Is a contribution to her Social Security
d. is taxed at a rate of 15%

 Hope's contribution to her RETIREMENT plan...a. is a post-tax contribution on which she pays federal

Answers

Based on Hope's check, her contribution to her RETIREMENT plan b. is pre-tax and therefore not included in federal income taxes.

What does the check say?

The check notes that Hope's retirement contribution is not included in her federal taxable income.

This means that the contribution is paid pre-tax and will not be liable for federal income taxes. She will most probably pay taxes on the retirement fund when she withdraws from it.

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An employee contributes $350 each month to her 401(k). What will be the value of her 401(k) after the 240 th deposit ( 20 years) if the per annum rate of return is assumed to be 12% compounded monthly? The value will be $ (Round to the nearest cent as needed.)

Answers

The value of the employee's 401(k) after the 240th deposit (20 years) can be calculated using the future value of an annuity formula.

The monthly contribution of $350 will be made for 20 years, resulting in a total of 240 deposits. The per annum rate of return is 12%, compounded monthly.

Using the formula for future value of an annuity:

FV = P * [(1 + r)^n - 1] / r

where FV is the future value, P is the monthly contribution, r is the monthly interest rate, and n is the number of deposits.

In this case:

P = $350

r = (12% / 12) = 1% = 0.01 (monthly interest rate)

n = 240

Plugging these values into the formula:

FV = $350 * [(1 + 0.01)^240 - 1] / 0.01

Calculating this expression will give us the value of the 401(k) after 20 years.

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When discussing choosing a Cunningham for the jury, Atticus says, “When you analyze it, there was little risk. There’s no difference between one man who’s going to convict and another man who’s going to convict, is there? There’s a faint difference between a man who’s going to convict and a man who’s a little disturbed in his mind, isn’t there?

Answers

Atticus says they're pοοr  grοwers, but want tο get by οn their οwn. Hοwever, they pay in crοps because that's all they can dο, If they need tο hire peοple.

Atticus has nοthing against the Cunninghams, but Scοut dοes n’t knοw any better. She said tο Calpurnia, “ he ain’t cοmpany, Cal, he’s just a Cunningham.

”She alsο says that he lοοks like he was raised οn fish fοοd. After Scοut explained why she was  frenetic at Walter, he tοld her tο put herself in his shοes. That yοu  nοway  really knοw a persοn unless yοu see the wοrld in their pοint οf view.

The Finches are  analοgοus tο the Cunninghams because bοth families are cοnsidered pοοr because οf the Great Depressiοn, indeed thοugh the Cunninghams have lοwer. The are different because οf sοcial class.

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Assume that the interest rate on borrowings in Japan is 3 percent while the interest rate on bank deposits in a U.S. bank is 5 percent. Laura, an active currency trader, borrows in Japanese yen, converts the money into U.S. dollars and deposits it in a U.S. bank. Laura is engaging in

Answers

Answer:

"Carry Trade", is the right answer.

Explanation:

Laura is engaged in "Carry Trade" because the carry trade refers to the process to borrow from the country where the interest rate is lower and deposit the borrowed money in other countries in which the person earns more interest. Therefore, the process for borrowings and deposits from low and high-interest rates respectively is called the carry trade.

3. The effect that lack of sleep has on your safe driving ability is the same as:
The effect that alcohol has.
The effect that amphetamines have.
The effect that anger has.
The effect that driving with teenagers has.

Answers

The effect that lack of sleep has on your safe driving ability is the same as: The effect that alcohol has. Option A

What is the effect that lack of sleep?

Generally, The effects of lack of sleep can vary from person to person, but generally include difficulty focusing, irritability, impaired memory, increased risk of chronic diseases such as obesity, diabetes and heart disease, decreased immune function, and a higher risk of depression and anxiety.

When it comes to driving, lack of sleep can lead to slower reaction times, increased drowsiness and fatigue, impaired judgment, and increased risk of getting into an accident.

These effects are very similar to the effects of alcohol on driving ability, including slower reaction times, impaired judgment, and an increased risk of getting into an accident.

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After submitting a résumé by mail, how long should you wait before following up with an employer? a. 1 day b. 2-3 days c. 1 week d. 2 weeks Please select the best answer from the choices provided A B C D.

Answers

After submitting a résumé by mail, it is advisable to wait for a period of one week before following up with an employer. In terms of the question above, option C - 1 week is the best answer, and this answer will be discussed more extensively below.

A résumé is a one-page document that provides information about an individual's experience, skills, and education. It is generally the first step in the job application process, and it provides employers with a snapshot of the applicant's qualifications and suitability for a particular job.

However, after submitting a résumé, it is common to wonder when to follow up with an employer. The waiting period after submitting a resume is typically one week. It's important to give the employer ample time to review your résumé, but following up too soon can also come across as pushy or overeager.

After a week has passed, it is appropriate to reach out to the employer to inquire about the status of your application. You may also take the initiative to call or email the employer, expressing your interest in the position and asking about the next steps in the application process.

The follow-up can be a great opportunity to show your enthusiasm for the job and to learn more about the company's expectations.

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A common practice for government entities, particularly schools, is to issue short-term (promissory) notes to cover daily expenditures until revenues are received from tax collection, lottery funds, and other sources. School boards approve the note issuances, with repayments of principal and interest typically met within a few months. The goal is to fully cover all expenses until revenues are distributed from the state. However, revenues distributed fluctuate due to changes in collection expectations, and schools may not be able to cover their expenditures in the current period. This leads to a dilemma—whether or not to issue more short-term notes to cover the deficit. Short-term debt may be preferred over long-term debt when the entity does not want to devote resources to pay interest over an extended period of time. In many cases, the interest rate is lower than long-term debt, because the loan is considered less risky with the shorter payback period. This shorter payback period is

Answers

This shorter payback period is positive and beneficial to the consumer, as it allows for harmony with amortization expenses.

We can arrive at this answer because:

A short payback period is beneficial because of its relationship to amortization, as long-term debt allows this amortization to take place.These amortization expenses allow the cost of long-term assets to be represented in the payment.However, when the short-term payback period allows for amortization, causing the asset's value to be reduced by the amount that will be paid by the consumer.

In this case, we can state that in cases like the one shown in the question above, the short payback period is very beneficial and interesting to the consumer, as it can promote economic benefits.

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What is a​ placebo?
A. A placebo refers to a specific member of a sample from which data are collected.
B. A placebo refers to any problem in the design or conduct of a statistical study that tends to favor certain results.
C. A placebo refers to a situation in which a patient improves simply because they believe they are receiving a useful treatment.
D. A placebo lacks the active ingredients of a treatment being tested in a​ study, but is identical in appearance to the treatment.

Answers

A placebo is: D. A placebo lacks the active ingredients of a treatment being tested in a study, but is identical in appearance to the treatment.

What is placebo?

A placebo  are substance  that are not active or treatment that is used as a control in clinical research trials. It is often in the form of a pill, injection, or other medical intervention that looks and may even taste the same as the experimental treatment, but has no therapeutic effect.

The use of placebos in clinical trials helps researchers determine whether the experimental treatment is actually effective, or if the observed effects are simply due to the placebo effect (the patient's belief that they are receiving a beneficial treatment).

Therefore the correct option  is D.

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in soft product variety, the products differ substantially from each other true or false

Answers

in soft product variety, the products differ substantially from each other: False

In soft product variety, the products do not differ substantially from each other. Soft product variety refers to a situation where there are multiple versions or variations of a product, but these versions are similar or have minor differences. This could include different flavors of a soft drink, different colors of a clothing item, or different sizes of a smartphone. The products in soft product variety are generally considered to be within the same product category and share common features or attributes.

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Question 10 of 20
Which is an example of a professional interview?
A. Janelle has an interview with the director of a foundation that
offers college scholarships.
B. Marci interviews a city council member about placing new stop
signs in her neighborhood.
C. Pavi interviews the school athletics director about an uptick in
sports injuries.
D. Tasha interviews her grandfather about growing up in a different
country.

Answers

Answer: B. Marci interviews a city council member about placing new stop signs in her neighborhood.

Explanation:

Anthony corporation reported the following amounts for the year: net sales$296,000 cost of goods sold 138,000 average inventory 50,000 anthony's gross profit ratio is?

Answers

In the given question GP ratio will be 53.4%

Here Net sales= 296000 $

Cost of goods sold= 138000 $

average inventory= 50000 $

Gross profit= Net sales- Cost of goods sold

                    =296000-138000

                     =158000

Formula for calculating Gross profit ratio is:

Gross profit/ Net sales *100

= 158000/296000*100

=53.4%

Gross profit ratio is a financial ratio which measures the performance and efficiency of a business by dividing its gross profit  by the total net sales. The gross profit ratio can also be expressed in  the form of percentage by multiplying the result by 100.

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which of the following is the best example of social regulations?
a. inflation rate regulations
b. anti-trust legislation
c. health and safety standards
d. regulations against price gouging

Answers

Answer:

Explanation:

The answer is C

Answer:

Health and safety standards

Explanation:

I just got it correct on the test!!!

What warranty is established by the Spearin Doctrine?
Group of answer choices
A. The designer will provide the standard of care expected of all designers in the performance of its design work
B. The owner warrants that the project can be designed as envisioned
C. The designer will not interfere with the contractor’s means and methods used for construction
D. The owner warrants to the contractor the adequacy and sufficiency of the drawings and specifications
E. The contractor warrants the workmanship of the construction work

Answers

The warranty that is established by the Spearin Doctrine is the owner warrants to the contractor the adequacy and sufficiency of the drawings and specifications. Option d is correct.

The Spearin Doctrine refers to the warranty established by the federal courts in the United States in the year 1918. This warranty is that when the owner of a construction project provides detailed plans and specifications to the contractor, the owner is implicitly guaranteeing that the plans and specifications are adequate for the purpose intended.

If the contractor follows the plans and specifications and the resulting project is defective, then the owner is responsible for the defects and the costs associated with repairing them.

Therefore, option d is correct. This doctrine is often cited in construction lawsuits to determine liability for project defects.

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What is one purpose of the Federal Trade Commission?
A. To reduce government involvement in business
B. To develop international trade policies
C. To reduce competition between companies
D. To prevent unfair practices against consumers

Answers

Answer:

its d to prevent unfair practices against consumers

Explanation:

MetLife was able to dramatically expand its global footprint by acquiring Alico, a global player in the insurance business, from AIG in 2010 when AIG was in financial distress. This shows that not all diversification moves erode performance.

a) true

b) false

Answers

Answer:

True

Explanation:

It is true that not all diversification erodes performance. That is it is not all diversification moves that reduces performance or destroys it. Sometimes diversification could lead to greater risks or greater costs of investment. By diversifying and acquiring Alico metlife was able to increase and expand globally

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