The ratio if the net income to the net sales known as profit margin is 17.03%
How to calculate profit marginThe formula for calculating the profit margin is expressed as:
Profit margin = net income/net sales
The profit margin is the net income divided by net sales.
Given the following parameters;
Net income = $141,525
Net sales = $765,000
Total Assets = $7,634,409
Profit margin = $765,000/$765, 000
Profit margin = 0.1703
Hence the profit margin is 17.03%
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A baseball player is offered a 5-year contract that pays him the following amounts:
Year 1: $1.2 million
Year 2: 1.6 million
Year 3: 2.0 million
Year 4: 2.4 million
Year 5: 2.8 million
Instead of accepting the contract, the baseball player asks his agent to negotiate a contract which has a present value of $1 million more than that which has been offered. Moreover, the player wants to receive his payments in the form of a 5-year annuity due. All cash flows are discounted at 10 percent. If the team were to agree to the player's terms, what would be the player's annual salary (in millions of dollars)?
The player's annual salary is $2 million. If All cash flows are discounted at 10 percent. If the team were to agree to the player's terms.
What is meant by the value of an annuity?A stream of identical future payments is worth in dollars today what is known as the present value of an annuity. To put it another way, it's the sum of the investments you would need to make today to equal the total of the annuity payments after accounting for the time value of money.
Given,
Cash Flow(CF) Year 1 Year 2 Year 3 Year 4 Year 5
(Amt in million) $1.2 $1.6 $2.0 $2.4 $2.8
Discounted rate = 10%
Additional cash Inflow = $1 million
Required to find annual salary =?
First, we have to find the Present value = CF1/(1+r)¹ + CF2/(1 + r)² + CF3/(1+r)³ + CF4/(1+r)⁴ + CF5/(1+r)⁵
Present value = 1.2/(1+0.1)¹ + 1.6/(1+0.1)² + 2/(1+0.1)³ + 2.4/(1+0.1)⁴ + 2.8/(1+0.1)⁵
Present Value = 7.293 million
Now Increase Pv by 1 million + 7.293 = 8.293 million.
PMT = (PV)/(1+r)*(1-(1/(1+r)ⁿ)) x (1+r)
PMT = 8.293/(1/0.1) x (1-(1/(1+0.1)⁵)) x (1+0.1)
PMT = 1.98 which is 2.0 million approx.
Thus, The player's annual salary is $2 million.
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Organic Grocer employed Jacobson as its manager and gave her authority to purchase supplies and goods for resale. Jacobson had business dealings with Acme Electronics Company. Jacobson contacted Acme and had it deliver a color television set to her house. She told Acme that the set was to be used in promotional activities. The promotional campaign did not take place, and Jacobson disappeared from the area, taking the television set with her. Acme now seeks to recover the purchase price of the set from Organic Grocer. Will Acme prevail?
Answer:
ltem of important must be shown separately
what is that GAAP
Consider again the price control described in the last question. Let's assume that the price control
was binding
Now people vote to repeal the law and remove the price control. As the market adjusts afterward,
we'd expect to see quantity demanded [Select ]
- and quantity supplied
in the market for wheat.
[Select ]
fall
remain constant
rise
If it is a binding price floor, when the law is repealed, quantity demanded increases and quantity supplied decreases.
If it is a binding price ceiling, when the law is repealed, quantity demanded decreases and quantity supplied increases.
What is a price floor and a price ceiling?A price floor is when the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price.
Price ceiling is when the government sets the maximum price for a product. It is binding when it is set below equilibrium price.
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The case mentions that CEO Barra is inclusive and consults with others, but is not afraid to make hard decisions, when necessary. If Barra was to blame those she consulted with for decisions that turned out wrong, but took credit for decisions that turned out right, she would be suffering from the ______.
If Bara was to blame those that inspired him to make bad decision and credit those that inspired him to make right one, then she's exhibiting how managers control and how leaders inspire.
Who are managers and leaders?As a leader, the organization is expecting so much in term of inspiration and motivation to achieve the set goal.
The manager on the other hand control and organize the organization and the affairs to achieve the set goals.
Therefore, the scenerio above explain the difference between a manager and a leader.
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Palmer Company uses activity-based costing. The company produces two products: Earbuds and Head phones. The annual production and sales volume of Earbuds is 8,000 units and of Head phones is 6,000 units. There are three activity cost pools with the following expected activities and estimated total costs:
Activity Cost Pool Estimated Cost Expected Activity IPods Expected Activity MP3 players Total
Activity 1 $20,000 100 400 500
Activity 2 $37,000 800 200 1,000
Activity 3 $91,200 800 3,000 3,800
Using ABC, the cost per unit of IPods is approximately: __________
Assuming the sales volume of Earbuds is 8,000 units Using ABC, the cost per unit of IPods is approximately $6.60.
Cost per unitFirst step
Activity Rate :
Activity cost= ( Estimated Cost / Total Activity)
Activity 1 20,000/500=40
Activity 2 37,000/ 1,000=37
Activity 3 91,200/ 3,800= 24
Second step
Allocated Cost to Ipods
Allocated Cost= ( Activity Rate× Expected Activity for IPods)
Activity 1 40×100=4,000
Activity 2 37×800=29,600
Activity 3 24× 800=19,2000
Total Allocated Cost 52,800
Third step
Cost Per Unit =Total Allocated Cost / Total Units of Ipods
Cost Per Unit = $ 52,800 / 8,000 Units
Cost Per Unit = $6.60 per unit
Inconclusion the cost per unit of IPods is approximately $6.60.
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Our store management seems to be in constant flux
The term "store management seems to be in constant flux"means that the personnel in store management are constantly replaced with another.
What is the meaning of constant flux?The term "constant flux" means a situation whereby something in a state is constantly changing.
The store management are personnel responsible for daily running activity and monitoring all operations in a store.
In conclusion, the term means that the personnel in store management are constantly replaced with another.
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Answer: Yes, I agree that they are all very helpful
Explanation:
what happens to the price of a good or service when a shortage of that good or service occurs?
Answer:
If shortage of goods and services occurs, obviously, the price will touch the sky, i. e. the price will increase twice or thrice the Real price...
select the statement that demonstrates a characteristics of leader
Answer:
I would answer it if there were any statements
Explanation:
sorry please post the statements in another question