What is the gross profit? a. $130,000 b. $120,000 c. $230,000 d. $300,000 previous next

check explanation

Step-by-step explanation:

The question is not complete but nonetheless, gross profit is easy to calculate. Let us start by the definition of gross profit, to how to calculate gross profit and, calculation of gross profit margin.

GROSS PROFIT: gross profit can be defined as the profit gained after subtracting the costs of making and selling the products. Gross profit is also known as gross margin.

HOW TO CALCULATE GROSS PROFIT: Gross profit can be calculated by subtracting the total revenue from the cost of goods sold. That is, gross profit= total revenue - cost of goods sold.

So, for example; Company A makes women handbags. Assuming the company made $10million in total revenue for the year and cost of goods sold is $5 million. We can use the formula above to find the company's gross profit margin.

Hence, company A's gross profit= total revenue($10,000,000) - cost of goods sold ($5,000,000).

= $5,000,000.

That is, the gross profit for company A= $5,000,000.

GROSS PROFIT MARGIN: This can be calculated using the formula below;

Gross profit margin= (total revenue - cost of goods)/ revenue.

Hence, from the example above;

Gross profit margin= $10,000,000 - $5,000,000) / $10,000,000.

= 50%

step-by-step explanation:

i found the life tables for the year 2012. 

life table of males at age 30. probability of dying between ages x and x+1

total population:  

29–30 . . . . . . . . . . . . 0.001030

30–31 . . . . . . . . . . . . 0.001061

males:  

29–30 . . . . . . . . . . . . 0.001420

30–31 . . . . . . . . . . . . 0.001448

white population

29–30 . . . . . . . . . . . . 0.001005

30–31 . . . . . . . . . . . . 0.001037

white males

29–30 . . . . . . . . . . . . 0.001372

30–31 . . . . . . . . . . . . 0.001399

non hispanic white population

29–30 . . . . . . . . . . . . 0.001083

30–31 . . . . . . . . . . . . 0.001116

non hispanic white males

29–30 . . . . . . . . . . . . 0.001477

30–31 . . . . . . . . . . . . 0.001503

jacob, non hispanic white male. 30 years old.

probability that jacob lives to be 30 years old. 

since the given probabilities are probabilities of dying, i think we simply subtract it from 1 to get the probability of living. we will use the probability of non hispanic white male.

                                          probability of living to be 30 y.o.

29 - 30 : 1 - 0.001477 = 0.998523

30 - 31 : 1 - 0.001503 = 0.998497

f(x)=4

step-by-step explanation: