Subjects
PRICING
COURSES
SIGN IN
Start Free Trial
Kristen W.
Georgetown Law Graduate, former corporate trainer. I come from a family of educators and love learning and teaching.
Tutor Satisfaction Guarantee
Entrepreneurship
TutorMe
Question:

What is social entrepreneurship?

Kristen W.
Answer:

Social entrepreneurship is using business approaches to solve social, environmental, or cultural problems.

Business
TutorMe
Question:

What are the factors of production?

Kristen W.
Answer:

The factors of production are the four elements businesses need to supply goods and services. They are: land (natural resources), labor (human resources), enterprise (entrepreneurship), and capital (finance, goods, infrastructure, etc.)

Accounting
TutorMe
Question:

A company has sales of $872,000 and cost of goods sold of $437,000. What is its gross margin?

Kristen W.
Answer:

The company's gross margin is 49.8%. Gross margin is gross profit divided by sales. The company's gross profit is calculated by subtracting cost of goods sold from sales. ($872,000 - $437,000 = $435,000). Gross profit is then divided by revenue to get gross margin. ($435,000 / $872,000 = .498 or 49.8%

Send a message explaining your
needs and Kristen will reply soon.
Contact Kristen
Ready now? Request a lesson.
Start Session
FAQs
What is a lesson?
A lesson is virtual lesson space on our platform where you and a tutor can communicate. You'll have the option to communicate using video/audio as well as text chat. You can also upload documents, edit papers in real time and use our cutting-edge virtual whiteboard.
How do I begin a lesson?
If the tutor is currently online, you can click the "Start Session" button above. If they are offline, you can always send them a message to schedule a lesson.
Who are TutorMe tutors?
Many of our tutors are current college students or recent graduates of top-tier universities like MIT, Harvard and USC. TutorMe has thousands of top-quality tutors available to work with you.