Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2024

Why are very high gross margins so important? What is considered to be the minimum GM needed? Why? How do you calculate GM? Sure it's

Why are very high gross margins so important? What is considered to be the minimum GM needed? Why? How do you calculate GM?

Sure it's revenue minus something divided by the revenue.

What is the minus?

What goes into the minus?

Over time, does GM tend to go up, down, or stay the same? Why?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Handbook Of News Analytics In Finance

Authors: Gautam Mitra, Leela Mitra

1st Edition

047066679X, 978-0470666791

More Books

Students also viewed these Finance questions

Question

★★★★★

In the New York Times article A Common Police Vest Fails the Bulletproof Test, E. Lichtblau reported on a U.S. Department of Justice study of 103 bulletproof vests containing a fiber known as Zylon....

Answered: 1 week ago

Question

★★★★★

BC Enterprises' quality control report for August contains the following items. Liability costs associated with defective products $6,000 Disposal costs of defective products failing inspection 8,000...

Answered: 1 week ago

Question

★★★★★

=+ (c) Let A,(i) ,..., i;) consist of the numbers in the unit interval in whose base-r expansions the digits i1 ,..., i, nowhere appear consecutively in that order. Show that it is trifling. What...

Answered: 1 week ago

Question

★★★★★

Describe briefly the legal rights and privileges of common stockholders. MINI CASE Sam Struthers and Shawna Tibbs are senior vice presidents of the Mutual of Seattle. They are co-directors of the...

Answered: 1 week ago

Question

★★★★★

Number of days sale in receivables Please see the attached image.

Answered: 1 week ago

Question

★★★★★

Singleton Estate Pty Ltd (Singleton) is a Hunter Valley winery which not only grows its own grapes but does contract wine making for other Hunter Valley grape growers. The winery is famous for its...

Answered: 1 week ago

Question

★★★★★

Crane Energy Company is erecting an oil platform off the coast of Texas. Crane is legally required to dismantle and remove the platform at the end of its 1 0 - year useful life. Crane estimates...

Answered: 1 week ago

Question

★★★★★

You noted: "If an executive leader can articulate a compelling vision that captures a broad spectrum of organizational members' hearts, then they will be able to better understand the subsequent...

Answered: 1 week ago

Question

★★★★★

The project is to create a stock trading system where users can buy and sell stocks. The system will support two types of users. One is the customer who will buy and sell stocks and second is the...

Answered: 1 week ago

Question

★★★★★

The TechAide Company produces and sells 7,000 modular computer desks per year at a selling price of $750 each. Its current production equipment, purchased for $1,050,000 and with a 5-year useful...

Answered: 1 week ago

Question

★★★★★

Eight out of 64 workstations in an office are going to be replaced. The cost of replacing all 64 workstations would be $10,200. Additionally, four workstations will receive a computer upgrade. The...

Answered: 1 week ago

Question

★★★★★

c. What groups were least represented? Why do you think this is so?

Answered: 1 week ago

Question

★★★★★

7. Describe phases of multicultural identity development.

Answered: 1 week ago

Question

★★★★★

1. Stereotypes in Your Life. List some of the stereotypes you have heard about U.S. Americans. Then answer the following questions:

Answered: 1 week ago

Previous Question Next Question