Question

Which of the following would be the best scenario for a company and why: 1. Revenue...

Which of the following would be the best scenario for a company and why:

1. Revenue of $100 and COGS of $35

2. Revenue of $200 and COGS of $120

Homework Answers

Answer #1

1. Revenue = $ 100

Cost of goods sold = $ 35

Gross profit = revenue - cost of goods sold

Gross profit = $ 65.

Gross margin percentage = (65/100)x100

Gross margin percentage = 65%

2. Revenue = $ 200

Cost of goods sold = $ 120

Gross profit = $ 80

Gross margin percentage = (80/200) x 100

Gross margin percentage = 40%.

The first case is having a greater gross margin percentage than second case and hence first case would be the best scenario.

SUMMARY:

First case is having more gross margin percentage than second case and hence first case will be best suitable one.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
For each data scenario, decide which measure of central tendency would best describe the data and...
For each data scenario, decide which measure of central tendency would best describe the data and why. Consider the scale of variable measurement and the shape of the distribution. a. The scores of 50 Grade 6 students on the Math subtest of a standardized test. b. The type of car chosen by 120 new car buyers. c. The salaries of all employees (including CEO’s) of a large company
Based on this table which wine is the best. why? Rank it from the worst to...
Based on this table which wine is the best. why? Rank it from the worst to the best and explain. Wine Sugar, g Yeast, g Juice, g W-1 50 3 200 W-2 100 1 200 W-3 100 3 200
Question 1 An equilibrium in best responses is called a _________ equilibrium. Monopoly Nash Total Revenue...
Question 1 An equilibrium in best responses is called a _________ equilibrium. Monopoly Nash Total Revenue Perfectly Competitive Question 2 If a player with three possible strategies, call them {Up, Middle, Down}, always plays Middle then... Middle is strictly dominant Down is strictly dominant Up is strictly dominant Middle is strictly dominated Question 3 Mary Left Right Julia Up ($150, $100) ($200, $0) Down ($160, $100) ($175, $150) What is the Nash Equilibrium? (175,150) (150,100) (200,0) The is no Nash...
Which radiation detector would be best employed for the following situation and why? Measurement for a...
Which radiation detector would be best employed for the following situation and why? Measurement for a three-month period of the exposure to staff adjacent to an x-ray room.
Which radiation detector would be best employed for the following situation and why? Nuclear medicine laboratory...
Which radiation detector would be best employed for the following situation and why? Nuclear medicine laboratory survey for trace contamination.
Determine which test to use for the following scenarios and explain why. Scenario 1: You want...
Determine which test to use for the following scenarios and explain why. Scenario 1: You want to assess how the type of student employment (part-time and full time) influences students’ GPA. Scenario 2: You want to assess how the type of major (psychology, engineering, and biology) influences the amount of time students spent studying.
Which detector would be best employed for the following situation and why? Situation: Measuring exposure rate...
Which detector would be best employed for the following situation and why? Situation: Measuring exposure rate in a gamma field from several different radionuclides.
Base question 26 on the following information: 2018 2019 2020 Revenue 800 856 899 COGS 500...
Base question 26 on the following information: 2018 2019 2020 Revenue 800 856 899 COGS 500 Gross Profit 300 **Assume that 2018, $300 of COGS was variable and $200 was fixed** 26.) Assuming revenue growth in 2020 was driven by 4% volume growth and 1% price increase, what would be gross profit in 2020? Show your work
Which depreciation method is the best method for a company to use? Why?
Which depreciation method is the best method for a company to use? Why?
2. For each of the following scenarios, determine which market model best describes the scenario. Then...
2. For each of the following scenarios, determine which market model best describes the scenario. Then identify the number of firms, the type of product, and the ease with which new firms can enter the market under this market structure. a. Hundreds of colleges serve millions of students each year. The colleges vary by location, size, cost, and educational quality, which enables students to match schools to their diverse preferences b. Dozens of companies produce plain white socks. The standard...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT