Roselawn company reported net sales of $90,000 and net income of $18,000 for the year ended december 31, 2015. the company reported net sales of $100,000 and net income of $20,000 for the year ended december 31, 2016. total assets amounted to $200,000 at december 31, 2015 and $246,000 at december 31, 2016. the company's profit margin for the year ended december 31, 2016 (rounded to the nearest decimal point) is:

Answers

Answer 1
The answer to your question is 20.0%. 
Answer 2

The profit margin for the year ended December 31, 2016, is 20%.

To calculate the profit margin for the year ended December 31, 2016, we divide the net income by the net sales and multiply by 100 to express it as a percentage. The formula is as under:

Profit Margin = (Net Income / Net Sales) × 100

Given:

Net Sales for 2016 = $100,000

Net Income for 2016 = $20,000

Profit Margin = (20,000 / 100,000) × 100

Profit Margin = 0.2 × 100

Profit Margin = 20%

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Related Questions

Who has qualified for the world cup 2018?

Answers

Russia, Iran, Japan, South Korea, Mexico, Brazil, Arabia and Belgium
Final answer:

The teams qualified for World Cup 2018 included 32 nations like Brazil, Germany, Argentina, and France, who won the tournament. The qualifiers are determined through a separate process for every World Cup iteration.

Explanation:

The question 'Who has qualified for the World Cup 2018?' pertains to the event which took place after the 2010 World Cup. The 2018 FIFA World Cup saw 32 teams qualifying to participate in the tournament held in Russia. While you have mentioned the 2010 World Cup hosted by South Africa, it's important to note that the qualifying teams would have been different for the 2018 event due to the separate qualification process for each World Cup. In 2018, some of the teams that qualified included powerhouses like Brazil, Germany, Argentina, and the eventual champions, France.

A manager must ensure that food handlers are rapidly cooling tcs foods within how many hours

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TCS foods are foods that require time and temperature control for safety. The TCS foods must be kept outside the temperature danger zone, 41°F to 140°F. 
In a situation of cooling TCS foods the goal  is to cool foods as quickly as possible.
The manager must know that foods must be cooled from 140°F to 70°F within two hours and from 70°F to 41°F within an additional four hours. 

in microeconomics, what occurs when equilibrium is reached

Answers

Prices are set. ☺️☺️☺️☺️

 

In microeconomics, when equilibrium is reached, the prices are set. With the help of price studies, the demand and supply of a particular good also reached equilibrium.

Further Explanation:

Microeconomics:

Microeconomics is the type of economics in which only one good is taking into consideration while studying. In this economics, the market studies only of particular one good. In macroeconomics, all the goods available in the market are taking into consideration. The price, demand, and supply of particular goods can be determined with the help of microeconomics.

Equilibrium:

Equilibrium means the demand and supply of particular goods equal at which the price of particular goods determined. Means the prices are set for particular goods. With the help of prices, we can measure the actual production in the economy and compute the gross domestic product of the economy. With the help of GDP, we can measure the actual growth in the,

In microeconomics, when the demand and supply of particular goods are equal, then the price is determined. Equilibrium demand helps us to know about in the case of price changes, by how much amount is changed. Equilibrium supply helps us to know about in the case of price changes, by how much amount of supply is,It helps in the prediction of future changes in the market.

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Answer details:

Grade: Middle School

Subject: Economics

Chapter: Microeconomics

Keywords: microeconomics, equilibrium, reached, the price, set, demand, and supply of particular goods, equal, gross domestic product.

Under socialism, who determines the use of resources? what purpose guides their decisions?

Answers

The purpose of socialism is to provide a society in which everyone's needs are met, and there is equality, and it is the government which decides how resources should be used to achieve these goals.

What factors might be considered when creating a tax that is considered fair by most people in a society? explain?

Answers

Factors to be considered when creating a tax that is fair to people on society is income, bracket of living (poor, middle class, etc). and financial factors as so. This ensures that everyone gets a fair tax, and will be agreed upon by everybody.

What is the name of the technique in which an advertiser implies that a product is widely used?

Answers

The correct answer is bandwagon advertising. This is appealing to the buyer's sense that everyone is doing it and therefore ti should be done so the term bandwagon is used because jumping on a bandwagon is a metaphor for joining a group in something just because everyone is doing it.

What are the three main goals of data lifecycle management (dlm)?

Answers

Data life cycle management is a policy based approach which is utilize to manage the flow of an information system data throughout the life cycle of that data.
The three main goals of data life cycle management are CONFIDENTIALITY, AVAILABILITY AND INTEGRITY.

The three main goals of data life cycle management are confidentiality, availability and integrity.

Data life cycle management is a policy based strategy which is used to manage the flow of information system’s data through its useful life.

For example, when a piece of data is captured and stored into a database. This new data will could be used for reporting or analytics. Or the new data will just be in the database and will no longer be useful. In either of the process, logic and validation may be applied to the data, but at a certain point the data will no longer be useful. It can then be achieved or purged.

The approach used in organizing this process from one step to another for enterprise organization is referred to as data life cycle management.

Confidentiality: is the protection of information so that third party wouldn’t have access to it. It is also preventing data from being accessed inappropriately.  

Integrity: this is the responsibility to store, preserve and record data appropriately. It is ensuring that data stored during the life cycle is accurate

Availability: this means that all appropriate users should have access to the data whenever the need arises.

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KEYWORDS:

data lifecycle managementconfidentialityintergrityavailabilitydatabase

Explain why the joint events in a contingency table are mutually exclusive. choose the correct answer below.
a. the joint events in a contingency table are mutually exclusive because they do not share any individual events between them.
b. the joint events in a contingency table are mutually exclusive because they consist of unique combinations of individual events that are mutually exclusive.
c. the joint events in a contingency table are mutually exclusive because they share the individual events of which the joint events consist.
d. the joint events in a contingency table are mutually exclusive because they consist of unique combinations of individual events that are not mutually exclusive.

Answers

Final answer:

The joint events in a contingency table are mutually exclusive because they consist of unique combinations of individual events that are mutually exclusive.

Explanation:

The correct answer is b. The joint events in a contingency table are mutually exclusive because they consist of unique combinations of individual events that are mutually exclusive. Mutually exclusive events are events that cannot occur at the same time. In a contingency table, each combination of events represents a different outcome, and each outcome is mutually exclusive from the others.

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Arjun has joined a work team that assembles products. What is the best way for Arjun to build the team's trust in him?

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By keeping promises and showing he is dependable

Arjun can build team trust by keeping promises and showing he is dependable.

What is team trust?

Team trust is one of the qualities that must be exercised by every member of a particular team to foster the relationship among them and to achieve a common goal.

Other qualities exercised by the member(s) of a particular team includes:

Good leadershipSupport from each memberGood contribution of each member towards the common goal

From the given information, Arjun can build team trust in the team he has joined that assembles products by keeping promises and showing that he is dependable.

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What are three items you use on a daily basis that have come from research in earth science?

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The  three items you use on a daily basis that have come from research in earth science are: Weather Forecasting and Apps; Hydroelectric Power; and Smartphones.

Daily forecasts and weather applications are based on both meteorological and atmospheric research. The electricity in many areas is generated using hydroelectric power of moving water is based on water resources-related earth science concepts.

Numerous components based on earth science studies are used in the technology of cellphones. For instance, indium, a material obtained by geological processes from ores, is used to make touchscreens.

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​a capitalist system depends on fair competition among businesses to:

Answers

A capitalist system will depend on fair completion among business with the following; driving lower quality, higher quality or other choices in which will affect the system. With this, it is namely referred to as the right to fair competition which is being done by people competing in business.

During the last big press conference, why does rick lieberman, the head volcanologist at yellowstone, tell the public that there is no evidence that a supereruption could be imminent?

Answers

In the movie "Supervolcano" Rick Lieberman is forced by FEMA and the Secretary of Homeland Security, Joe Foster to deny that there's evidence of a pending supereruption in order to reduce public panic. He does so, even though the models he has indicates that such an eruption is imminent.

Identify several advantages and several disadvantages of open-source operating systems. include the types of people who would find each aspect to be an advantage or a disadvantage

Answers

Open source software offers enormous advantages and has recently become quite well-liked in the IT industry. This is primarily due to open-source software's primary benefit, which is that it is completely free to use. Because it was created by a non-profit organization, it also has some drawbacks.

What are the advantages and disadvantages?

It is free to use, share, and change open-source software. It has reduced expenses, which are typically only a small portion of those of its proprietary competitors. Since everyone may access the source code, open-source software is more secure. Open source is independent of the organization or author who first developed it.

The code will continue to exist and be improved even if the company fails. Companies that use open-source software do not need to consider complicated licensing schemes or take anti-piracy precautions like serial numbers or product activation.

Open-source software's main drawback is that it requires some learning to utilize.  The transition to an open-source platform necessitates a compatibility audit of all the other software utilized that runs on proprietary platforms because there aren't many apps that work on both open-source and proprietary software.

The open-source platform is incompatible with a lot of the newest hardware, thus you must use third-party drivers.

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Final answer:

Open-source operating systems have advantages such as being free, customizable, and frequently updated. However, they may have a steep learning curve, compatibility issues, and lack official technical support.

Explanation:

Open-source operating systems have several advantages. One advantage is that they are typically free to use, which can be beneficial for individuals and organizations with limited budgets. Another advantage is that open-source operating systems often have a large community of developers who contribute to their improvement and security, resulting in frequent updates and patches. This can be advantageous for people who value security and want to stay up-to-date with the latest features. Additionally, open-source operating systems tend to be highly customizable, allowing users to tailor their systems to their specific needs.

However, there are also some disadvantages to open-source operating systems. One potential disadvantage is that they may have a steeper learning curve compared to commercial operating systems, especially for users who are new to open-source software. Furthermore, open-source operating systems may have compatibility issues with certain hardware or software, particularly if they are not widely supported by manufacturers or developers. Finally, open-source operating systems may lack official technical support, which could be a disadvantage for users who prefer to have dedicated customer support available.

The buyers of a good will want to purchase it as long as their willingness to pay for the good is

Answers

if it is greater than or equal to the price.
hope this helps

A nation seeking to increase its overall productivity might be best served by investing money into which area?

Answers

A nation seeking to increase its overall productivity might be best served by investing money into technology. Advances in technology which translates into a more productive economic activity as creation and delivery of goods and services are increased.

Answer:

D) Technology

Explanation:

USA TEST PREP

Your firm has total assets of $79,600; fixed assets of $43,100; long term debt of $29,200 and short term debt of $19,900. what is the amount of net working capital?

Answers

The formula for net working capital is current assets – current liabilities
In the problem, you can solve the net working capital by getting the current assets. This is computed by total assets – fixed assets. Since fixed assets is not part of currents assets. Current assets include cash and cash equivalents, accounts receivable, inventory, securities, prepaid expenses and other liquid assets that are readily available to be converted into cash.To the get the current liabilities, you should only get the short term debt. Since current liabilities comprises only obligations that are due in one year like accounts payable, accrued liabilities and short term debts.
Solution:

NWC = CA – CL
= ($79,600 – $43,100) - $19,900
= $36,500 - $19,900
= $16,600 

Which is an example of a safety or healthy resource that you would find outside of your workplace

Answers

osha . gov  
have a nice day
Occupational Safety and Health Administration (OSHA) is an example of a safety or healthy resource that you would find outside of your workplace. OSHA is responsible for enforcing workplace health and safety standards, and providing training, outreach, education and assistance.It provide information to employees in order to keep their workplace free of  hazards.

Why are entrepreneurs considered both spark plugs and catalysts of the free enterprise economy?

Answers

Entrepreneurs are considered to be both spark plugs and catalysts of the free enterprise economy because of a number of reasons. Everybody benefits and profits when an entrepreneur becomes successful. When an entrepreneur opens his or her search for profits, the effects would be a chain of events where new products, greater competition, more production, higher quality, and lower prices for consumers can be observed. An entrepreneur is said to be a spark plug in the free-market for there is that vision of providing a product or a service that people are willing to pay for, combined with the ability to produce that product or service at a cost below the market sales price which propels him/her to take action. Capitalism will not work if it were not for the entrepreneurs who take the risks and start the businesses that produce the goods and services we all enjoy.

Entrepreneurs initiate and foster economic activity as spark plugs and serve as catalysts in the free enterprise economy by speeding up economic growth and innovation. They are driven by competition to provide goods and services efficiently, ensuring workers are paid their full value which contributes to overall economic value creation.

Entrepreneurs are considered both spark plugs and catalysts of the free enterprise economy because they ignite economic activity and accelerate growth and innovation. The spark plug analogy highlights the entrepreneur's role in initiating economic ventures by starting new businesses or developing new products, thereby igniting the engine of the economy. The catalyst metaphor emphasizes how entrepreneurs speed up economic processes such as the adoption of new technologies, organizational methods, and more efficient production techniques without being consumed in the process.

Competition plays a crucial role in guiding entrepreneurs. It ensures that they are motivated to continually improve their offerings to please customers and manage expenses wisely to earn profits. By striving to provide goods and services of desired quality at the lowest price, entrepreneurs contribute to the efficient functioning of the market economy.

The concept of entrepreneurs as catalysts also extends to their role in employing workers and utilizing resources efficiently. Workers tend to be compensated with salaries that reflect the full value of their contribution, thanks to the entrepreneur's pursuit of profit and the competitive pressure to produce goods and services that consumers demand. By doing so, entrepreneurs facilitate the transformation of labor into goods and services, creating value in the economy.

In which stage or stages of the business cycle would there be more personal bankruptcies more business formation?

Answers

It is called depression phase. Depression is an extreme and delayed downturn in financial movement. In financial aspects, a misery is normally characterized as an outrageous retreat that endures at least two years. A sadness is described by financial factors, for example, considerable increments in joblessness, a drop in accessible credit, decreasing yield, liquidations and sovereign obligation defaults, diminished exchange and business, and managed instability in cash esteems. During despondency, buyer certainty and speculations diminish, making the economy close down.

How to choose what name is used on facebook?

Answers

I do not really understand your question.

This social media usually requires users to use the name they use on a daily basis. If there are doubts about the name's veracity, more verification may be requested.

The general steps in choosing a name

Sign in; open your social media account and log in. Navigate to Settings; click the down arrow in the upper right corner, choose Settings & Privacy and then click Settings.

Select Personal Information from the sidebar on the left. The name linked to your account may be found in the Name section. To the right of your name, select Edit.

Edit Your Name after that, you can make any changes you want to your last name, middle name, or initial name. Examine Name Changes, make sure it policies are met by your name.

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An ipo or employee stock option plan, if any, would be mentioned in the business plan _______ section. timeline critical risks and assumptions exit strategy financial plan benefits to the community appendix

Answers

The answer is exit strategy. This would tell people where to take their stocks if things go in their favor and how to trade their stocks if things don't go their way. This allows people to have a plan that will benefit them financially in the future.

When makers of a product increase their price, consumers are often unwilling to continue to purchase the product (or at least as much of the product). This is known as?

Answers

This is known as the law of demand. As price of a product rises, the quantity demanded decreases. Conversely, if the price of a good or service decreases, then the quantity demanded will rise. When producers raise prices of their goods or services, consumers may find other products, called substitute goods to use in place of the normal goods.

Answer: C) the Law of Demand.

Explanation:

When should relative frequencies be used when comparing two data sets?

Answers

Final answer:

Relative frequencies are used to compare two data sets as they provide a normalized way to understand individual data points in relation to the total number of data points, enabling comparisons across different-sized data sets.

Explanation:

Relative frequencies should be used when comparing two data sets to give a clear picture of how individual data points relate to the total number of data points. Since relative frequency is the ratio of the number of times a value occurs to the total number of outcomes, it allows for a fair comparison between data sets of different sizes. For example, if one is comparing how many students study five hours or more for an exam in two different classes, using relative frequencies would adjust for the different class sizes.

When constructing visual representations like frequency polygons or histograms, using relative frequencies on the y-axis can help in directly comparing the shape and spread of different distributions. Even in cases where the total number of observations in two data sets differ, using relative frequencies normalizes these differences, thus enabling a meaningful comparison.

To calculate the relative frequency, you divide the frequency by the total number of data values. Cumulative relative frequency is determined by adding the relative frequencies of all previous rows to the relative frequency of the current row, providing insight into the proportion of data points below a certain value.

What happens if a jury duty summons is sent to the wrong address?

Answers

The individual should have their address updated, although if it's the fault of the court, there won't be a penalty or anything, but the individual will need to justify what happened.
Final answer:

If a jury duty summons is sent to the wrong address and the court finds it out, they will attempt to correct the error and resend the summons. The person won't usually face penalties if they cooperate once they receive the correct summons. Jury duty is a critical part of the judicial system, and one must take it seriously.

Explanation:

If a jury duty summons is sent to the wrong address, the court may not be aware of the mistake, and the person intended to receive the summons may not know they were selected for jury duty. As a result, they may fail to report for duty, and this could theoretically lead them to face penalties for failing to show up. However, in most cases, the court will usually make efforts to correct the error and resend the summons once they realize the error. The individual would not usually face penalties as long as they cooperate and report for duty once they receive the correct summons.

Jury duty is a crucial civic responsibility, providing individuals in court the opportunity to be tried fairly by a group of their peers. The process is a key aspect of the judicial system and requires potential jurors to be summoned to court, screened for impartiality, with the goal of seating twelve (in most states) and one or two alternates.

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A factor held constant to test the relative impact of the independent variable is known as a:

Answers

The constant in a system is the control
the answer is control variable  

What are some economic differences between mesopotamia and egypt?

Answers

there main difference is that Egypt were built on both sides of the river Nile while Mesopotamia were built on the fertile area btw Tigris and Euphrates river.

Again is that women in Egypt are treated with respect but women in Mesopotamia are regarded as an asset or property.

Stakeholder management capability is thought of in three levels. which is considered the highest level?

Answers

The highest level of stakeholder management capability is strategic management of stakeholder relationships, which involves balancing their interests with organizational goals.

Stakeholder management capability is often assessed at three levels, with the highest level considered to be strategic management of stakeholder relationships. This level not only involves identifying stakeholders and understanding their levels of interest and influence—as described by stakeholder grids or matrices—but also actively engaging with stakeholders, integrating their concerns into organizational strategy, and ensuring that there is a balance between stakeholder needs and the company's objectives. Strategic stakeholder management seeks to create value through the cooperation of all stakeholders and is aligned with the concept of stakeholder capitalism, which obligates a company to consider the interests of all parties with a stake in the company's performance.

What are the 3 problems associated with output pollution control?

Answers

Output pollution control could be for emissions, for human faecal waste and for garbage for example. For emissions like pollutants that can cause acid rain, there needs to be more effective scrubbers to remove the chemicals that can cause the pollutants and for acid generating rock at mine waste dumps there needs to be first isolation of the pertinent rock and then do such things as submerge it below water or neutralize it with carbonates like limestone. The 3 R's need to be implemented to solve the problem of pollutants ie reduce recycle and reuse. For human faecal matter, it can contaminate water but if treated it can be used as a bio solid as a growing medium for example for mine waste dumps. For  garbage, to prevent the necessity of shipping garbage from cities to the country beside villages and exporting the problem, city dump life can be extended by residential  recycling programs of cardboard, plastics, glass etc and also compost to divert waste products back to re-use. 

Select all examples of employee benefits.

tax
stock purchase plan
commission
bonus
group health plan
tuition reimbursement

Answers

Final answer:

Employee benefits are additional perks and advantages that employees receive in addition to their regular salary. Examples include group health plans, tuition reimbursement, stock purchase plans, and bonuses.

Explanation:

Employee benefits refer to the additional perks and advantages that employees receive in addition to their regular salary. Some examples of employee benefits include:

Group health plan: This refers to the employer-provided health insurance coverage that employees receive.

Tuition reimbursement: Some companies offer financial assistance to employees who want to further their education or pursue additional training.

Stock purchase plan: This allows employees to purchase company stock at a discounted price.

Bonus: It is a one-time payment given to employees as a reward or incentive for achieving specific goals or performing well.

These are just a few examples of employee benefits, which can vary greatly depending on the company and industry.

This pestle for mashing taro found in papua, new guinea, and believed to be 8,000 years old indicates that the people in the region had ?

Answers

It is the lived nomadic lives. A nomad is a man with no settled home, moving from place to put as a method for getting nourishment, discovering field for animals, or generally bringing home the bacon. The word Nomad originates from a Greek word that implies one who meanders for field.
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