During the current year, merchandise is sold for $199,500 cash and $626,800 on account. The cost of the goods sold is $537,100. What is the amount of the gross profit?

Answer:

Here are some considerations for when to use a questionnaire, interview guide, or both:

Questionnaire:

Questionnaires are best suited for collecting data from a large sample size.

They can be distributed electronically or in print, and participants can complete them at their convenience.

Questionnaires are useful when the research topic is well-defined and requires standardized data collection.

Interview Guide:

An interview guide is best suited for collecting data from a small sample size.

They provide more detailed and nuanced data, as they allow for follow-up questions and probes.

Interview guides are useful when the research topic is complex and requires in-depth exploration.

Both:

A combination of both methods can be useful when the research topic requires a mixed-methods approach.

The questionnaire can be used to collect standardized data from a large sample, and the interview guide can be used to explore specific themes in greater depth with a smaller sample.

In conclusion, the decision to use a questionnaire, interview guide, or both depends on the research question, the sample size, and the level of detail required in the data. Researchers should carefully consider these factors and choose the method or combination of methods that is best suited for their research.

Explanation:

C. Group think.

Group thinking is the most likely barrier to innovation for Irene's team. Groupthink occurs when a group of people prioritizes consensus and conformity over critical thinking and creativity. In this case, the team may be so focused on agreeing with each other that they fail to consider new or innovative ideas.

Soft skills, multiple intelligences, and diversity can all be beneficial to innovation. Soft skills like communication and collaboration can help team members share ideas and work together effectively. Multiple intelligences can bring different perspectives and approaches to problem-solving. Diversity can bring unique experiences and insights that can lead to more creative solutions.

is this a essay to write? If so please list the answer not whole bunch of info

The amount that the investments of the people would be worth today would be $ 7,405.41.

To calculate the value of the investment today, we can use the compound interest formula :

Amount invested = $ 200

Rate = 43. 5 %

Number of years = 10 years

The net worth of the investment into the popular tech company would be:

= 200 ( 1 + 0. 435 ) ¹⁰

= 200 ( 1. 435 ) ¹⁰

= 200 x ( 32. 540312 )

= $7, 405.41

Find out more on investment at https://brainly.com/question/24703884

#SPJ1

Notte that if Holly increases the selling price by $20, and purchases the new part and the new machine, the new contribution margin , the new fixed cost & the number of units that the company will have to sell to make the same net income as last year is: 1,333.33 units.

Given

Current selling price = $400

Current variable cost per unit = $250

Current contribution margin per unit = selling price - variable cost = $400 - $250 = $150

Current fixed cost = $150,000

Current sales volume = 5,000 units

Current net income = $50,000

New selling price = $400 + $20 = $420

New variable cost per unit = $250 + $80 + $60 = $390

ew contribution margin per unit = selling price - variable cost = $420 - $390 = $30

New fixed cost = $150,000 + $20,000 + $30,000 = $200,000

Net income = (Contribution margin per unit x Sales volume) - Fixed cost

Substituting the values we get:

$50,000 = ($150 x 5,000) - $150,00

Sales volume = ($50,000 + $150,000) / $150 = 1,333.33 units

So the company will have to sell 1,333.33 units at the new selling price of $420 to make the same net income as last year.

Learn more about Contribution Margin:
https://brainly.com/question/15186113
#SPJ1

Option d is fully correct that is The form from the producer's insurer that authorizes such permission.

A new York When recommending or servicing a policy issued in New York, producers and insurers are required by Regulation 187 to put in place a process that guarantees they are acting only in the best interests of the consumer and not taking the producer's or insurer's financial interests into account.

Recommendations made by a producer in the sale of a policy or in some in-force transactions are governed by Regulation 187. The Regulation places emphasis on direct producer involvement and mandates that producers make recommendations with the best interests of the consumer in mind.

To know about regulation  visit:

https://brainly.com/question/29641289

#SPJ1

Answer:

Explanation:

To calculate the dollar-denominated returns, we need to first determine how many shares the investor can purchase with their $10,000, and then calculate the future value of those shares at each exchange rate. We also need to calculate the future value of the £5,000 forward contract at the forward exchange rate.

With the current exchange rate of $2/£, the investor can purchase:

$10,000 / $2/£ = £5,000

With £40 per share, the investor can purchase:

£5,000 / £40/share = 125 shares

The total investment is:

125 shares x £40/share = £5,000 = $10,000

If the share price changes to £35/£, £40/£, or £45/£, then the dollar-denominated returns would be:

At £35/£:

Total investment = 125 shares x £35/share = £4,375 = $8,750

Rate of return = (($8,750 - $10,000) / $10,000) x 100% = -12.50%

At £40/£:

Total investment = 125 shares x £40/share = £5,000 = $10,000

Rate of return = (($10,000 - $10,000) / $10,000) x 100% = 0.00%

At £45/£:

Total investment = 125 shares x £45/share = £5,625 = $11,250

Rate of return = (($11,250 - $10,000) / $10,000) x 100% = 12.50%

With the forward contract, the investor has sold £5,000 at a forward exchange rate of $2.10/£, which means they will receive:

£5,000 x $2.10/£ = $10,500

The total investment is:

$10,000 (initial investment) + $10,500 (future value of forward contract) = $20,500

If the share price changes to £35/£, £40/£, or £45/£, then the dollar-denominated returns would be:

At £35/£:

Total investment = 125 shares x £35/share = £4,375 = $8,750

Future value of investment = $8,750 x $2.20/£ = £3,977.27 = $7,955.55

Total future value = $7,955.55 + $10,500 = $18,455.55

Rate of return = (($18,455.55 - $20,500) / $20,500) x 100% = -9.96%

At £40/£:

Total investment = 125 shares x £40/share = £5,000 = $10,000

Future value of investment = $10,000 x $2.20/£ = £4,545.45 = $9,090.91

Total future value = $9,090.91 + $10,500 = $19,590.91

Rate of return = (($19,590.91 - $20,500) / $20,500) x 100% = -4.44%

At £45/£:

Total investment = 125 shares x £45/share = £5,625 = $11,250

Future value of investment = $11,250 x $2.20/£ = £

If the charter of a corporation provides for the issuance of 109,000 shares of common stock. The number of shares outstanding is: A. 41,200.

Using this formula to determine the Outstanding shares:

Outstanding shares = Issued shares - Reacquired shares

Let plug in the formula

Outstanding shares = 53,000 - 11,800

Outstanding shares = 41,200

Therefore the number of shares outstanding is option A.

Learn more about Outstanding shares here:https://brainly.com/question/29236150

#SPJ1

The subject of the question discusses the introduction of a new safety program. This answer explores potential reasons for the lack of results and proposes improvements or alternative solutions.

The subject of the question is Business since it is discussing a new safety program introduced by a supervisor. In this scenario, the program could be related to workplace safety, employee safety, or occupational health and safety. A workplace safety programme is built around the risks you've identified at work and the safety measures you've selected to address them.

It will assist you in organising and documenting your safety processes and serve as the cornerstone of your overall safety and health programme. It is important to understand the objectives of the program and how the previous program failed to produce the desired results. Then, you can explore potential reasons for the lack of results and propose improvements or alternative solutions.

https://brainly.com/question/35173206

#SPJ2

Investment brands that may be purchased and convinced in monetary markets contain money.

Stock: Closing price: The cost at that share are persuaded the era. Stocks forbiddance have a "apparent worth of something" essentially. Stock forbiddance has coupons; skilled is no coupon rate.

Stocks forbiddance have an adulthood date; they work steadily.

Bond: Closing price: The cost at that a bond is purchased or persuades the era.Face value: The bond's value when it evolves. The interest is compensated on the bond, or the voucher rate. Date of Maturity: The era the bond grows up and the stockholder accepts their apparent worth of something.

Read more about bonds here:

https://brainly.com/question/29282058

#SPJ1

Match each instant message with the appropriate type of recipient.

A business communicator is necessary to growth. If retailer responsibility are the well-treated to the customer. A business can run to long term are the creation the trustworthiness.

If the time to the digital are the online conversation are the asked may I help you? Colleague with whom you've never spoken. Hi. Did you require any help from me? Colleague who is also a friend of Sue Fanning.

As a result, the significance of the instant message with the appropriate type of recipient are the aforementioned.

Learn more about on Customer, here:

https://brainly.com/question/13472502

#SPJ1

a) The coordinates of IS: (Y , r) = (1600 , 6) ; (1500 , 7) ; (1400 , 8) ; (1300 , 9) ; (1200 , 10) ; (1100 , 11) ; (1000 , 12)

b) The coordinates of LM: (Y , r) = (880 , 6) ; (960 , 7) ; (1040 , 8) ; (1120 , 9) ; (1200 , 10) ; (1280 , 11) ; (1360 , 12)

c) The equilibrium (Y , r) = (1200 , 10)

d) IS shifts right by 500 at each level of r

New Equilibrium (Y , r) = (1423 , 12.77)

e) LM shifts left by 100 at each level of r

New Equilibrium (Y , r) = (1367 , 13.33)

f) LM shifts right by 400 at each level of r

New Equilibrium (Y , r) = (1422 , 7.78)

Given,

C = 400 + 0.6(Y − T)

I = 400 − 40r

T = 200

G = 200

Real Money Demand: (M/P) d = Y − 80r

Money Supply: M = 1600

P = 4

IS curve represents the relationship between the real interest rate and the income in the goods market.

Y = AE

Thus,

Y = C + I + G

Putting values:

Y - 0.6Y = 880 - 4r.

Y = 2200 - 100r

Learn more about income on

https://brainly.com/question/25745683

#SPJ1

The major source of money for the majority of people is earned income, which originates from hourly wages, tips, salaries and business returns.

The amount of earnings accrued by family members can greatly impact a family's total compensation. Unearned revenue comes in many forms, such as government payments, interest, dividends and rent payments.

Unfortunately, wage discrepancies are wide-reaching in the United States, stretching from those earning the federally-mandated minimum wage of $7.25 an hour to superstars, executives and renowned personalities who earn multimillion-dollar salaries.

Read more about wages here:

https://brainly.com/question/29251394

#SPJ1

The angle of the portion characterizing Market 3 in the pie chart is 90° (to the most forthcoming whole point).

To find the angle of the division representing Market 3 in the graph resembling pie, you need to decide the proportion of total businesses it shows and then increase that proportion by 360° (the total number of qualities in a circle).

Market 3 buying: $45,000

Total sales: $180,000

The proportion of Market 3 demand amount to sales:45,000 / 180,000 = 0.25

Now, increase the proportion by 360° to find the angle:0.25 * 360° = 90°

So, the angle of the portion characterizing Market 3 in the pie chart is 90° (to the most forthcoming whole point).

Read more about market here:

https://brainly.com/question/25369230

#SPJ1

Income statement is most appropriate financial statement for the company to analyse the profit and loss for a specified period . Option D is correct.

A company's income and expenses are shown in an income statement, which is a financial statement. It likewise shows whether an organization is creating gain or misfortune for a given period. The cash flow statement, balance sheet, and income statement all help you understand your business's financial health.

Because it is the means by which operating results are communicated to outsiders, the format of an income statement is extremely important. The company's name, the title, "Income Statement," and the time period covered are all part of the income statement format.

Learn more about Income statement:

brainly.com/question/28936505

The target rate of inflation is set to ensure that the purchasing power of people on fixed incomes is maintained.

Inflation is an economic concept that describes an overall increase in price levels. It occurs when the amount of money in circulation increases faster than the availability of goods and services. This causes an imbalance in the supply and demand of goods and services, which leads to prices rising. Inflation erodes the purchasing power of money, making it harder for people to afford goods and services. Central banks usually try to combat inflation by controlling the money supply and increasing interest rates.

This is done by setting an inflation rate that is low enough to keep prices stable, but high enough to keep the value of money from decreasing due to inflation. The Federal Reserve or other central banks typically set the target rate of inflation to a level that is consistent with their overall economic goals. This rate is monitored closely to ensure that the purchasing power of people on fixed incomes remains stable over time.

To learn more about inflation
https://brainly.com/question/29104154
#SPJ1

The calculation for percentage change of personal income is A. 4.29%. that is, the real raise of salary in percentage is 4.29%.

The overall rise in prices of goods and services over time in an economy is referred to as inflation. When inflation occurs, people may purchase fewer products and services with the same amount of money because the purchasing power of a unit of currency declines.

James's initial income of $42,000 must be adjusted for inflation before being compared to his current compensation of $43,800 in order to determine his actual raise. The inflation rate was 2.8%.

Raise in salary = 43800 - 42000 = $1800

Therefore, real raise of salary in percentage is:

= Raise in salary/ initial salary x 100%

= 1800/42000 x 100%

= 4.285% = 4.29%

To know more about inflation, visit:

brainly.com/question/28190771

#SPJ1

1. Breakeven point (in pairs of Kitenge sold) = 3,000 pairs of Kitenge

Breakeven point (in currency value) = 3,000 x TZS 5000 = TZS 15,000,000

2. To bring an earning of TZS 1,000,000, ANGA Ltd needs to make and offer 1985 pairs of Kitenge.

3. Pairs of Kitenge = 2855 pairs of Kitenge

Total cost = Direct materials + Direct labor + Overhead costs + Additional expenses

Total cost = TZS 1500 + TZS 1200 + TZS 1300 + TZS 12,000,000

Total cost = TZS 12,003,000

Breakeven point (in units) = Fixed costs / (Price per unit - Variable costs per unit)

Price per unit is TZS 5000, and the variable cost per unit is the total cost per unit calculated above. The fixed costs are the sum of salaries, rent, and advertisement, which is:

Fixed costs = TZS 4,000,000 + TZS 5,000,000 + TZS 3,000,000

Fixed costs = TZS 12,000,000

Breakeven point (in pairs of Kitenge sold) = TZS 12,000,000 / (TZS 5000 - TZS 12,003)

Breakeven point (in pairs of Kitenge sold) = 3,000 pairs of Kitenge

The breakeven point in currency value is:

Breakeven point (in currency value) = Breakeven point (in pairs of Kitenge sold) x Price per unit

Breakeven point (in currency value) = 3,000 x TZS 5000 = TZS 15,000,000

ii. To bring an earning of TZS 1,000,000, we need to calculate the contribution margin per unit, which is the difference between the price per unit and the variable cost per unit:

Contribution margin per unit = Price per unit - Variable cost per unit

Contribution margin per unit = TZS 5000 - TZS 12,003

Contribution margin per unit = TZS -7003

To earn TZS 1,000,000, we can use the following formula:

Pairs of Kitenge = (Fixed costs + Earnings) / Contribution margin per unit

Pairs of Kitenge = (TZS 12,000,000 + TZS 1,000,000) / (TZS -7003)

Pairs of Kitenge = 1985 pairs of Kitenge (rounded up to the nearest whole number)

Therefore, to bring an earning of TZS 1,000,000, ANGA Ltd needs to make and offer 1985 pairs of Kitenge.

iii. To determine the pairs of Kitenge needed to bring an after-tax earnings of TZS 1,200,000, we need to take into account the tax rate. Assuming a tax rate of 30%, the net earnings required would be:

Net earnings = After-tax earnings / (1 - Tax rate)

Net earnings = TZS 1,200,000 / (1 - 0.30)

Net earnings = TZS 1,714,286

Using the contribution margin per unit calculated in (ii) above, we can determine the number of pairs of Kitenge needed to generate this net earnings:

Pairs of Kitenge = (Fixed costs + Net earnings) / Contribution margin per unit

Pairs of Kitenge = (TZS 12,000,000 + TZS 1,714,286) / (TZS -7003)

Pairs of Kitenge = 2855 pairs of Kitenge (rounded up to the nearest whole

Read more on Break even point here:https://brainly.com/question/21137380

#SPJ1

Answer:

Explanation:

i. Calculate the breakeven in pairs of Kitenge sold and in currency value. [5 Marks]

The calculated chi-square value is 14.04, with the use the 0.05 significance level.

To determine if the chief of security for the Mall of the Dakotas can say that shoplifting is twice as likely to be the cause of the loss as compared with either employee theft or poor inventory control and that employee theft and poor inventory control are equally likely, we need to perform a chi-square test of independence.

First, we need to set up the null and alternative hypotheses:

H0: The type of theft and the cause of loss are independent.

Ha: The type of theft and the cause of loss are not independent.

We can use a chi-square test to determine if we reject or fail to reject the null hypothesis. We can calculate the expected frequencies for each cell assuming independence, then calculate the chi-square test statistic and compare it to the critical value at the 0.05 significance level with (2-1)*(3-1) = 2 degrees of freedom.

The expected frequencies for each cell assuming independence are:

(85+30+45)(85+30)/160 = 63.1875

(85+30+45)(30+45)/160 = 42.125

(85+30+45)(85+45)/160 = 74.6875

(85+30+45)(30+85)/160 = 40

Using these expected frequencies, we can calculate the chi-square test statistic:

chi-square = ((85-63.1875)^2/63.1875) + ((30-42.125)^2/42.125) + ((45-74.6875)^2/74.6875) + ((45-40)^2/40)

chi-square = 14.04

The critical value at the 0.05 significance level with 2 degrees of freedom is 5.99. Since the calculated chi-square value (14.04) is greater than the critical value (5.99), we reject the null hypothesis.

To know more about chi-square, here

brainly.com/question/14082240

#SPJ1

It appears that next week, an employee from another department will be joining your team.

She requested the transfer due to feeling that her previous work was becoming predictable and monotonous. According to her performance reports, she has made valuable contributions to programming projects, demonstrating her strong technical abilities.

However, an area where she could improve is her presentation skills. As she transitions to your team, it would be beneficial to provide her with opportunities to engage in diverse tasks and challenges, ensuring she stays motivated and experiences professional growth.

Additionally, offering resources and training in presentation skills can help her strengthen this aspect of her work. By doing so, she will not only become a more well-rounded team member but will also contribute effectively to the overall success of your team. Remember to welcome her warmly and provide any necessary support during this transition period.

For more such questions on, employee :

https://brainly.com/question/30355015

#SPJ11

Productivity = Output / Input. Calculate labor productivity for each store: Bale-Robe has the highest with 200 birr per labor hour.

As a rule, efficiency is a proportion of how effectively an organization is utilizing its assets (contributions) to deliver labor and products (yields). Data sources can incorporate work, materials, energy, and different assets, while results can be estimated as far as deals income, units delivered, or different measurements. To ascertain efficiency, we can utilize the recipe:

Efficiency = Result/Info

We should expect a speculative organization that produces gadgets. The organization's bits of feedbacks could incorporate work hours, unrefined components, and energy costs, while its results could be estimated as far as the quantity of gadgets created or the deals income produced.

To gauge yearly sources of info and results, we would have to accumulate information on the organization's tasks, for example, the quantity of work hours worked, the expense of unrefined components, and the absolute deals income. We can then work out the organization's single-factor efficiency (SFP) by partitioning the result by a solitary information, like work hours or unrefined components.

For instance, assuming the organization delivered 100,000 gadgets and utilized 10,000 work hours, its SFP for work would be:

SFP work = 100,000 gadgets/10,000 work hours = 10 gadgets each work hour

We can likewise compute numerous variable efficiency (MFP) by isolating the result by various information sources, like work hours, unrefined components, and energy costs.

At long last, we can work out complete variable efficiency (TFP) by isolating the result by the contributions as a whole, including capital, innovation, and different assets.

In view of the information accommodated Adama Piece of clothing, we can ascertain the work efficiency for each store by partitioning deals volume by work hours. The outcomes are as per the following:

Parcel Robe: 12,000 birr/60 work hours = 200 birr each work hour

Hawassa: 60,000 birr/500 work hours = 120 birr each work hour

Nekemte: 40,000 birr/250 work hours = 160 birr each work hour

Bahirdar: 25,000 birr/200 work hours = 125 birr each work hour

In light of this computation, Bunch Robe has the most elevated work efficiency with 200 birr each work hour. In any case, it's actually quite important that this examination just thinks about work efficiency and doesn't consider different factors like deals volume, productivity, or consumer loyalty.

To learn more about productivity, refer:

https://brainly.com/question/27665206

#SPJ4

Barriers to entry in South Africa include:

Some industries in South Africa entail expensive start-up costs like procurement of equipment, infrastructure development or acquiring licenses which can be limiting for new entrants.

Several startups may encounter challenges in obtaining financial aid due to limited capital availability or stringent borrowing rules as well as exorbitant interest charges. The regulatory framework within the country is multifaceted and applies robust controls across a multitude of sectors that may be restrictive for businesses trying to establish themselves.

Find out more on barriers to entry at https://brainly.com/question/2975624

#SPJ1

Zelah's account in the books of Jaycel for the month of July 2022:

Zelah Account

Debit Credit

July 1 balance due 1,500

July 3 purchase 2,600

July 22 return 700

July 28 payment 3,093.2

Balance c/d 707.8

Total 4,200 4,200

On July 1, the balance due to Zelah was $1,500.

On July 3, Jaycel purchased goods from Zelah with a list price of $2,600. Since the order is over $5,000, Jaycel is entitled to a trade discount of 10%, which is $260.

The net amount due to Zelah is $2,340. If Jaycel pays within 10 days, she will receive a cash discount of 2%, which is $46.8. Therefore, the amount owed to Zelah after this transaction is $2,293.2.

Learn more about account on

https://brainly.com/question/26181559

#SPJ1

For Alberta or Quebec, the federal government does not collect personal or business taxes. A regressive tax is the sales tax. False.

It makes no difference when it comes to filing your income taxes if you reside in one province or territory while working and paying taxes in another. On December 31 of the tax year, you must file your income tax for the province or territory where you currently reside.

Even if you were a resident of another Canadian province or territory on December 31 of a specific year for tax reasons, you can still be required to submit an income tax return in Quebec. in order to learn more.

To know more about Alberta visit:-

https://brainly.com/question/1086119

#SPJ1

The thing that would MOST likely happen in this case if a country experiences a recession is D.Businesses will suffer from decreased sales and profits, eventually leading to closure

Recession, in economics,  can be described as the downward trend in the business cycle.

Itshouldbe nopted that this can be seen as the decline in production and employment,  whereby the incomes and spending of households to decline and as a result of thisthere would be hunger sa well as hardship in the country for this cause.

Learn more about   recession  at:

https://brainly.com/question/21139689

#SPJ1

missig part

What would MOST likely happen if a country experiences a recession?

A.

Feeling confident in the economy, people will begin to spend money more freely.

B.

Jobs will be more plentiful, and companies will be doing a lot of hiring.

C.

Families will start to purchase larger and more expensive homes.

D.

Businesses will suffer from decreased sales and profits, eventually leading to

National income is the total value of all goods and services produced within a country's borders, including both goods produced by domestic firms and foreign firms operating within the country. The components of national income include:

1. Wages and salaries: This includes the income earned by employees for their work, including both hourly wages and salaries.

2. Profits: Profits are the income earned by businesses after they have paid all their expenses, including salaries, rent, and other costs.

3. Rent: Rent is the income earned by landlords for the use of their property, such as land or buildings.

4. Interest: Interest is the income earned by lenders for lending money to borrowers, such as banks or other financial institutions.

5. Dividends: Dividends are the income earned by shareholders for their ownership of a company's stock.

6. Indirect taxes: Indirect taxes are taxes that are levied on goods and services, such as sales taxes or value-added taxes.

7. Subsidies: Subsidies are payments made by the government to businesses or individuals to encourage certain activities, such as the production of certain goods or services.

8. Depreciation: Depreciation is the decrease in value of an asset over time, such as a piece of machinery or a building.

Together, these components make up the total national income of a country, and they provide a measure of the overall health and productivity of the economy.

Mark the axes and the points that indicate the market portfolio's anticipated return. The interest rate that carries no risk is 5%. Beta for the stock ABC is 1.4.

The market portfolio's anticipated return is 12%. The expected return on an asset, however, is equal to the typical market return if the beta is equal to 1. A investment has a perfect negative connection with the market if its beta value is 1.

The standard deviation of returns for the asset could be divided by the standard deviation of returns for the benchmark to determine beta. The correlation between the security's and the benchmark's returns is multiplied by the resultant value.

To learn more about market, click here.

https://brainly.com/question/13414268

#SPJ4

A good SCM system will deliver A.the right inventory is in the right place to meet anticipated demand.

In order to enhance their supply chain procedures, businesses employ SCM systems. This comprises the coordination of inventory levels, production timetables, and dissemination channels for idealized efficiency.

Beyond this secured apparatus towards financial conservation also comes with augmented client approval rates. Although precise forecasts and proficient manufacturing hold significant roles within SCM strategy, top priority remains set on the availability of appropriate inventories at designated locations alongside preset time-frames in order to ultimately appease consumers' necessities.

Find out more on Supply Chain management at https://brainly.com/question/25160870

#SPJ1

Answer:

  1.7%

Explanation:

You want to know the net profit margin percentage, given sales of $1.24M and a net income of $20,600.

The net profit margin is calculated as the ratio of net income to sales. As the income statement shows, the net income is the remaining revenue after subtraction of cost of goods sold, operating expenses, interest expense, and taxes.

  net profit margin = (net income)/(sales) = 20600/1240000

As a percent, this is ...

  net profit margin = 206/124000 × 100% = (206/124)% ≈ 1.6613%

The net profit margin is about 1.7%.

A domestic corporation is one that conducts business in the country where it was formed. This is comparable to a foreign firm that operates in a country other than the one in which it was formed.

A foreign corporation is a company that operates in another country or state but was formed or registered under the laws of another state. A domestic corporation, in contrast, is one that has its corporate headquarters in the state in which it conducts business.

For instance, if a company is incorporated in Delaware and is authorized to conduct business in other states, both of those states classify the company as a foreign corporation and a domestic corporation, respectively.

To learn more about corporation, click here.

https://brainly.com/question/31313496

#SPJ1