QUESTION 6 of 10: If a stadium increases its profit margin from $350,000 to $750,000, what is the percentage increase in profit margin?
a) 14 percent
Ob) 21 percent
C) 114 percent
d) 214 percent

Answers

Answer 1
The answer is 114%.

It can't be 214% as it hasn't been tripled, and it can't be 14% or 21% as the number has doubled.

750000/350000 = 2.142857

You have to remove 1 from that answer as it represents the original number (350000), so you then have 1.142857 which can then be rounded to 1.14. 100% is equal to 1, so 1.14 is equal to 114%.
Answer 2

If a stadium increases its profit margin from $350,000 to $750,000, the percentage increase in profit margin is 114 percent.

What is profit margin?

One of the often used profitability statistics to determine how profitable a business or line of business is is profit margin. It displays the proportion of sales that have generated profits.

Simply put, the percentage value represents the amount of profit the company made on each dollar of sales. For instance, if a company states that it had a 35% profit margin during the most recent quarter, that translates to $0.35 in net income for every $1 in sales.

Different profit margins come in different forms. However, in common usage, it typically refers to net profit margin, which is a company's bottom line after all other costs, such as taxes and one-time charges, have been deducted from revenue.

Therefore, If a stadium increases its profit margin from $350,000 to $750,000, the percentage increase in profit margin is 114 percent.

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Related Questions


If a document reaches you, and requires you to perform some action, you should do it immediately if
a. It is from your mother or father
b. It seems important but not urgent
It will take less than two minutes to complete
d. The language in the document is polite
C.
Please select the best answer from the choices provided

Answers

Answer: I believe the answer is C.

Hope this helps! ^^

Answer:

C

Explanation:

If the Cascade Update Related Records setting is activated, what happens when a change is made to the primary key of the primary table?
a) The Enforce Referential Integrity setting is deactivated.
b) Related records that refer to that primary key are orphaned.
c) A junction table is created to link the table with its related records.
d) Related records that refer to that primary key are edited to match.

Answers

Answer:

D

Explanation:

HELP PLEASE!

What term refers to the tendency of prices to increase gradually over time?
A. Opportunity cost
B. Inflation
C. Forecasting
D. Time value of money

Answers

The term refers to the tendency of prices to increase gradually over time is “inflation”. Therefore, option B is the correct option.

What is inflation?

Inflation is an economic phenomenon that means the increase in prices of the goods and services that are being produced in an economy. The inflationary prices of the goods and services are compared with the last year's prices or the base years' prices in order to calculate or analyze the amount or percentage increase in the prices of those goods and services in a given period of time.

Whenever inflation takes place, the value of that particular currency decreases in terms of the goods and services which could have been purchased with a lesser amount of money, now need more money to be purchased.

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Answer:inflation

Explanation:

I just took the test

This organizational structure violates the unity of
command principles because of dual reporting
relationship

A. Functional organization
B. Line type organization
C. Matrix organization
D. Network organization​

Answers

Question:

This organizational structure violates the unity of

command principles because of dual reporting

relationship.

Answer:

C. Matrix Organization

Explanation:

That's my opinion and I hope it helps ^_^

#CARRYONLEARNING #STUDYWELL
Question:

This organizational structure violates the unity of

command principles because of dual reporting

relationship.

Choosing:

A. Functional organization

B. Line type organization

C. Matrix organization

D. Network organization

Answer:

C. Matrix Organization

#READINGHELPSWITHLEARNING #CARRYONLEARNING #STUDYWELL

Which of the statement is NOT a purpose of an
organizational structure?

A. To coordinate people and resources
B. To organize lines of communication
C. To formalize authority
D. To limits workers' rights​

Answers

Question:

Which of the statement is NOT a purpose of an

organizational structure?

Choosing:

A. To coordinate people and resources

B. To organize lines of communication

C. To formalize authority

D. To limits workers' rights

Answer:

B. To organize lines of communication

#READINGHELPSWITHLEARNING #CARRYONLEARNING #STUDYWELL

How a corporation assigns job titles, functions, and obligations is determined by its organisational structure. Hence option B is correct .

What is organizational structure?

It aids in establishing who reports to whom and who decides what. Several departments frequently collaborate on projects in startups, which frequently have a matrix organisational structure.

An organisational structure is a framework that specifies how certain tasks are to be carried out in order to meet the objectives of an organisation. Rules, roles, and obligations may be a part of these activities.

How information is transferred across layers of the organisation is likewise governed by its organisational structure. A centralised structure, for instance, makes choices from the top down, whereas a decentralised structure distributes decision-making authority among different organisational levels.

Companies may stay effective and focused by using an organisational structure.Organizational structures are widely used by businesses of all types and sizes. They specify a certain organisational hierarchy.

Each employee's role is described in a good organisational structure, along with how it fits into the larger system. Simply put, the organisational structure establishes who is responsible for what so the business can achieve its goals.

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The term average means ___.
A. there are an equal number of employees earning above the amount provident and an equal number earning below the amount provided
B. there are an equal number of employees earning above the amount provided but not an equal number of employees carning below the amount provided
C. there are equal mumber of employees net earning above the amount provided but an equal mmber of employees earning below the amount provided
D. the number calculated by adding all mmbers together, then dividing by the total amount of numbers

Answers

Answer: D I got the answer right on connexus

Explanation:

Sylvan, the seller, and Eric, the buyer, have signed an option agreement, which is an offer to purchase a specific piece of real estate without the obligation to buy it. Until Eric exercises his option to buy, only Sylvan is bound by the option agreement; he may not sell the property to anyone else during the option period. What type of contract is this

Answers

Answer:

"Unilateral" would be the right choice.

Explanation:

A contract wherein the assessment would be offered less than by several other party candidates is indeed a unilateral document. In several other sentences, aware of the side effects in one less manner. One such kind of decisionmaker has been begun taking by one of the other factions, government agencies, or regions associated with a specific situation, another without consent of everybody else.
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