a landlord approaches a new restaurant with a lease proposal: $40,000 per year (fixed) or 8% of total sales (variable) calculate the indifference point in sales and select the best alternative if sales are expected to be $650,000 per year
Answers
The indifference point in sales is $500,000. If sales are expected to be $650,000 per year, the best alternative is to choose the fixed lease cost option of $40,000 per year.
To calculate the indifference point in sales, we need to find the sales value at which the fixed lease cost and the variable lease cost (based on a percentage of sales) are equal. Let's denote the indifference point as "X" in sales.
For the fixed lease cost option:
Fixed lease cost = $40,000 per year
For the variable lease cost option:
Variable lease cost = 8% of total sales
Setting these two options equal to each other:
$40,000 = 0.08 * X
Solving for X:
X = $40,000 / 0.08
X = $500,000
The indifference point in sales is $500,000.
Now, let's evaluate the two lease options based on the expected sales of $650,000 per year:
Fixed lease cost: $40,000
Variable lease cost: 8% of $650,000 = $52,000
In this case, the fixed lease cost is the better alternative since it is lower than the variable lease cost.
Therefore, if sales are expected to be $650,000 per year, the best alternative is to choose the fixed lease cost option of $40,000 per year.
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Related Questions
Successful entrepreneurs have mindsets that typically possess which three
characteristics? (Choose Three)
Responsible
Adaptable
Nervous
Argumentative
Tenacious
5
Answers
Successful entrepreneurs have mindsets that typically possess three characteristics and that is being responsible, adaptable and tenacious. Thus, the correct options are the 1). Responsible, 2). Adaptable and 3). Tenacious.
What are the characteristics of a successful entrepreneur?An entrepreneur refers to an individual who set up a new business, bear most of the risks and enjoy most of the rewards. The process of establishing a business is known as entrepreneurship.
For being a successful entrepreneur, an individual must possess significant characteristics such as passion, open-minded, creativity, risk-taking, approachable, professionalism, knowledge, skills etc.
Basically, an entrepreneur must be capable to handle all the responsibilities in well efficient way.
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On March 1, Walker Company paid $13,200 for two years of insurance in advance. Walker debited Prepaid Insurance. If the appropriate adjusting entry is not made at the end of the year, what will be the effect on:
(a) Income statement accounts (overstated, understated, or no effect)?
(b) Net income (overstated, understated, or no effect)?
(c) Balance sheet accounts (overstated, understated, or no effect)?
Answers
When Walker Company paid $13,200 for two years of insurance in advance and debited Prepaid Insurance, it created an asset on the balance sheet called Prepaid Insurance.
(a) Income statement accounts: No effect.
(b) Net income: Overstated.
(c)Balance sheet accounts: Overstated
Since the adjusting entry was not made, the income statement accounts will not be affected. The expense related to the expired insurance will not be recognized, resulting in an understatement of expenses.
Net income is calculated by subtracting expenses from revenues. As the expense related to the expired insurance is not recognized, the net income will be overstated. This means that the company's reported profit will be higher than it actually is.
The Prepaid Insurance account will remain overstated because the adjusting entry to decrease it was not made. This means that the asset side of the balance sheet will be inflated, leading to an overstatement of the company's total assets.
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Ilus
What are the gross sales?
Income Statement
For the Year Ended August 31, 2012
Revenues
Student Lessons
$29,520.00
Recital Sales
15,900.00
Total Revenues:
45,420.00
Expenses
Costumes and Accessories
Building Maintenance
Total Expenses:
16,700.00
11,320.00
28,020.00
*Call numbers in 000s)
Answers
The gross sales are the total amount of revenue earned before deducting any expenses. In this case, the gross sales are $45,420.00, which is the total of the revenues earned from student lessons and recital sales.
Gross sales are the total amount of revenue generated from the sale of goods or services before any deductions are made for discounts, returns, or allowances. It represents the overall performance of a business and is an important metric for measuring growth and profitability. Gross sales are usually reported on the income statement, along with the cost of goods sold and other expenses, to calculate net income or loss.
Therefore, the gross sales are $45,420.00, which is the total of the revenues earned from student lessons and recital sales.
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I know these are multiple questions, but the actual question is fit into one big question. VERY MUCH APPRECIATED!
Planning and Conducting:
What are some possible ways to track down your energy usage? Is it more appropriate, in your opinion, to investigate energy usage per day, per week, or per month? • How would you estimate energy usage for devices which you are not the sole user of? • What are some appropriate ways to organize your data? • Suggestion: Pick at least 10 items that are commonly used every day. Record the power rating (in Watts or in some cases given as output: ____V / ____ A) and/or energy rating (in kWh). Track down the amount of time that the device runs in a period of your choice. (8 hours / 24 hours / 3 days / 1 week; do not go beyond one week.)
Answers
Possible ways to track down your energy usage are: Some possible ways to track down your energy usage are through the use of power strips, smart plugs, energy monitoring devices, and utility bills. These methods enable you to measure your electricity consumption so you can reduce it effectively.
In my opinion, it is more appropriate to investigate energy usage per month because it can give you a better perspective on how much energy you consume. You'll have a more detailed overview of your energy usage if you track it over a longer period.
Estimate energy usage for devices that you are not the sole user of by averaging the time that different people use them and multiplying that by the energy consumption of the device. If the device is on all the time, you may need to estimate based on the average number of hours per day that the device is turned on.
Appropriate ways to organize your data include sorting your data by device, usage frequency, energy usage, and time spent using each device. You may want to create a spreadsheet to keep track of your energy usage data for each device, so you can quickly and easily compare the energy usage of different devices.
If you prefer, you can also use an energy monitoring app or device to track your energy usage for each device.
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Terophone charge is debit or credit
Answers
Answer:
credit
Explanation:
One well-known researcher found that firms with high P/E ratios ________. earned the same average returns as firms with low P/E ratios earned lower average returns than firms with low P/E ratios earned higher average returns than firms with low P/E ratios had higher dividend yields than firms with low P/E ratios
Answers
The correct statement is: firms with high P/E ratios earned lower average returns than firms with low P/E ratios.
The P/E ratio (Price-to-Earnings ratio) is a commonly used valuation metric in finance. It is calculated by dividing the market price per share of a company by its earnings per share (EPS). The P/E ratio reflects the market's expectation of the company's future earnings growth and perceived risk.
Based on empirical research, it has been found that firms with high P/E ratios tend to have lower average returns compared to firms with low P/E ratios. This phenomenon suggests that investors may have higher expectations for the future earnings growth of high P/E ratio firms, causing their stock prices to be bid up, leading to lower subsequent returns. On the other hand, low P/E ratio firms may be undervalued, potentially resulting in higher subsequent returns.
The other options mentioned (earning the same average returns, earning higher average returns, and having higher dividend yields) are not supported by the statement and are not typically associated with the relationship between P/E ratios and average returns.
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Which situation is an example of direct taxation?
O A. A government charges a bank a fee on its deposits, so banks raise
rates for customers.
B. The government charges a tax on imports, which companies pass
on in the prices they charge buyers,
C. Businesses must send a portion of their income each year to the
government
D. Stores charge sales tax on each purchase and send that money to
the government
Answers
When Businesses pay a portion of their income to the government in the form of taxes, such a situation is an example of direct taxes. Therefore, (C) is the correct option.
What is Direct Taxes?Direct taxes are paid by the citizens directly to the government without any other stakeholder in between. there are majorly two types of direct taxes, corporate Tax, and Income tax.
Businesses pay corporate tax on their income, which is a form of direct tax.
Therefore, (C) is the correct option.
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Brad is a sales representative for a Kettle Chips and is preparing for a Super Bowl promotional campaign. He's contacting each of his grocery and convenience accounts with an opportunity to install an end-of-aisle display with graphics of the Super Bowl teams and a display of several varieties of chips. This is known as _____, a type of trade-oriented promotion.
Answers
Answer:
point-of-purchase advertising.
Explanation:
In this scenario, Brad is contacting each of his grocery and convenience accounts with an opportunity to install an end-of-aisle display with graphics of the Super Bowl teams and a display of several varieties of chips.
Hence, this is known as point-of-purchase advertising, a type of trade-oriented promotion.
A point of purchase advertising can be defined as a marketing strategy used by retailers, which typically involves the placement of end user goods e.g graphics of the Super Bowl teams strategically placed in a supermarket aisle for retail customers.
How does specialization affect voluntary exchange between countries?
Answers
Answer:
It increases voluntary exchange by encouraging other countries to be less self-sufficient
Explanation:
Andrea has a health insurance deductible pf $5,000. Her medical bills for the year total $49,000. How much will she be required to pay out of pocket on her annual medical bills?
A. $5,000
B. $33,000
C. $0
D. $38,000
Answers
b is right answer I think
$5,000 is the amount she will pay out of pocket on her annual medical bills.
Basically, the term of Deductible is used in Insurance. The amount of deducible refrain the Insurer from liability until a certain level of liability is reached.
In health Insurance, having a deductible of $5,000 on one's policy means the health plan benefits will start after one pays $5,000 out of his pocket.
Information given
Deductible = $5,000
Total claim = $49,000
Therefore, the Option C is correct because $5,000 is the amount she will pay out of pocket on her annual medical bills.
Widgets, Inc. makes a $300 on Widhets, Inc. makes a $300 account sale to Custom Motors. How is the sale recorded in the Accounts Receivable subsidiary ledger?
A. It is recorded upon payment
B. as $300 payment
C. as $300 credit
D. as $300 debit
Answers
Which statement best explains the decrease in manufacturing jobs over the next few years?
There is not enough demand for manufactured goods.
These jobs are often outsourced to overseas factories.
There are not enough skilled workers to fill the positions.
The cost of technical training and on-the-job training is high.
Answers
The best reason for the reduction in manufacturing jobs is that These jobs are often outsourced to overseas factories.
Manufacturing trend in developed countries Large companies are outsourcing manufacturing services to other nations. This is usually to save costs and to avoid certain regulatory oversight.As a result of these jobs being shipped abroad, manufacturing jobs in developed countries are suffering and will decrease in the next few years.
In conclusion, option B is correct.
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"Multisource" rating, also called ____, recognizes that employee performance crosses departmental, organizational and, in some cases, global boundaries.global ratingfield review360° feedback
Answers
"Multisource" rating, also called 360° Feedback, recognizes that employee performance crosses departmental, organizational and, in some cases, global boundaries. So, the correct answer is option c.
A method known as 360° Feedback involves gathering performance evaluations from a worker's coworkers, managers, and direct reports. An individual's strengths and weaknesses can be determined by using this data to provide a thorough assessment of performance.
An employee can get a comprehensive understanding of their performance through 360° feedback, discover areas for development, and talk about potential solutions.
It also permits an open discourse between all stakeholders concerned with an employee's growth, which can promote greater communication and trust while also lowering the likelihood of bias in performance evaluations.
Complete Question:
"Multisource" rating, also called ____, recognizes that employee performance crosses departmental, organizational and, in some cases, global boundaries:
a) Global Rating
b) Field Review
c) 360° Feedback
d) Cross-Organizational Feedback
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According to the digital disconnect and the lecture, the global digital divide is the result of _____.
Answers
According to Digital Disconnect, the global digital divide is the result of the hyper-commercialization of Internet development that only serves affluent populations/groups.
The Digital Disconnect refers to experts' examination of current theory, research, and practice in socio-digital inequality. The Digital Disconnect provides a thorough analysis of capitalism's exploitation of the Internet. As per the Digital Disconnect, it is the hypercommercialism of mainstream computing technologies that causes the global digital divide. The global digital divide refers to global discrepancies, particularly between developing countries, and developed in access to computing and information resources such as the Internet, as well as the opportunities that such access provides.
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Marriott’s bonvoy program is an example of a ________blank, which is specifically designed to retain customers by offering premiums or other incentives to customers who make multiple purchases over time.
Answers
Marriott's bonvoy program is an example Loyalty Reward Program.
What is a loyalty program?
Retailers and other businesses who sponsor loyalty programs do so to attract and retain customers by offering rewards, discounts, and other unique incentives.
They are designed to reward clients for their brand or store loyalty and to encourage repeat business (hence the name). A consumer typically obtains greater rewards the more frequently they purchase at the firm and the more money they spend.
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All of the following are factors that draw companies into the international arena except for what?
A.The company sees better profit opportunities than in the domestic market.
B.The company needs a larger customer base to achieve economies of scale.
C.Customers are going abroad and require international service.
D.The company wants to increase dependence on one market.
E.The company decides to counterattack global competitors in their home markets.
Answers
All of the following are factors that draw companies into the international arena except for D) The company wants to increase dependence on one market.
The factors that draw companies into the international arena include better profit opportunities than in the domestic market, a larger customer base to achieve economies of scale, customers going abroad and requiring international service, and the company's decision to counterattack global competitors in their home markets. However, a company would not want to increase its dependence on one market by entering the international arena, as this would increase the company's risk exposure and limit its growth potential. Therefore, option D is not a factor that draws companies into the international arena.
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should the corporations work together or compete for labor?
Answers
Answer:
Opinion based.
Explanation:
Corporations may choose to compete for labor since in not doing so may result with economic loss which is not good for the corporation. There may be benefits from working together such as a corporation growth but more income results in many wanting more money or unfair wages within the both corporation towards each other.
The use of statistical techniques and algorithms based on patterns of past behavior to predict future buying behavior is called
Multiple Choice
A. demand analysis.
B predictive modeling.
C. competitive intelligence.
D. ethnographic research.
E. machine learning.
Answers
The correct answer is B. predictive modeling.
A common statistical method for predicting future behavior is predictive modeling. A type of data-mining technology known as predictive modeling solutions works by generating a model from historical and current data to assist in predicting future outcomes. Predictions are made, data are gathered, a statistical model is created, predictions are made, and the model is validated (or updated) as new data are gathered. In order to enhance the accuracy of underwriting, risk models, for instance, can be developed that combine member data in intricate ways with demographic and lifestyle data gathered from outside sources. Prescient models examine past execution to evaluate how likely a client is to display a particular conduct from here on out. This classification additionally envelops models that search out inconspicuous information examples to respond to inquiries regarding client execution, for example, misrepresentation discovery models. Predictive models frequently carry out calculations during actual transactions, such as to assess a customer's risk or opportunity or to help make a decision. In the event that wellbeing safety net providers could precisely anticipate mainstream patterns (for instance, usage), charges would be set suitably, benefit targets would be met with more consistency, and wellbeing back up plans would be more aggressive in the commercial center.
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What is the name for the body of law that involves disputes between private entities such as individuals, groups, and corporations
Answers
The body of law that deals with disputes between private entities such as individuals, groups, and corporations is known as civil law.
Civil law covers a wide range of legal issues, including contract disputes, property disputes, personal injury claims, and family law matters. The main goal of civil law is to provide individuals and entities with a legal framework for resolving their disputes and enforcing their rights. In a civil lawsuit, the plaintiff brings a claim against the defendant seeking compensation or some other form of legal relief.
The court then considers the evidence and arguments presented by both sides and makes a decision based on the applicable laws and legal principles. Civil law is an essential part of our legal system and helps to ensure that individuals and entities are held accountable for their actions and can seek justice in the event of a dispute.
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Why are file naming conventions essential?
A. So that data entry workers do not have to learn new systems with
every new position.
B. To make it easy to copy files for backup storage.
C. So that companies can easily share files with other companies.
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Answers
Answer:
D. Without everyone using the same system, it would be impossible
to know locate folders or files.
Explanation:
which of the following is an example of synergy in business? walmart's order entry and inventory management system to coordinate with suppliers blockbuster combining traditional video rental with online video rental bank of america acquiring countrywide financial corporation to reach a large pool of new customers nike's use of technology to improve its product offerings amazon's use of the internet to sell books
Answers
An example of synergy in business is Bank of America acquiring Countrywide Financial Corporation to reach a large pool of new customers.
Synergy refers to the benefits that arise from the combination of two or more entities that are greater than the sum of their individual parts. In this case, Bank of America and Countrywide Financial Corporation are two separate entities that, when combined, can achieve greater market penetration, increased customer base, and more efficient operations. By acquiring Countrywide Financial, Bank of America was able to expand its mortgage business and reach a larger pool of customers. This is an example of synergy in business.
The other options given are not necessarily examples of synergy, but rather strategic decisions or operational improvements.
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Limitations of bargaining include:
Multiple Choice
a All of the responses are correct.
b contracts may not need enforcing.
c if the parties have too much information, bargaining may be unnecessary.
d the assignment of property rights may be ambiguous.
Answers
Limitations of bargaining include all of the responses are correct. The answer is a.
There are several limitations of bargaining, including:
Bargaining limitations occur when parties cannot reach a mutually acceptable agreement. It may be as a result of the negotiators' position or actions or some constraints beyond their control.
Here are some bargaining limitations:
Too much information: It happens when parties have so much information that bargaining is unnecessary. Bargaining is less likely when the parties already have a lot of information and are aware of their choices.
Contract enforcement: When the other side does not hold up their end of the deal, bargaining may be limited. A party who reneges on the deal often puts the other party in a weak position, and there may be no legal recourse to enforce the agreement.
Ambiguity of property rights: Bargaining may be limited if property rights are unclear or if property rights are not well defined. Property rights may be unclear when ownership is divided among several parties or if ownership cannot be easily defined.
Forcing contracts: Contracts may not need to be enforced in some cases. It could be because it is not possible to force a party to comply with the agreement, or there is a penalty for noncompliance that would exceed the benefits of compliance.
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The discounts lost account is used under the ___ method for inventory. multiple choice question. periodic gross perpetual net
Answers
The discount lost account is used under the net method for inventory.
What is discount?When a security is trading for less than its intrinsic or basic value, it is said to be trading at a discount in the world of finance and investment. When a bond's price is trading below its par value, or face value, in the fixed-income market, a discount is present. The extent of the discount is equal to the difference between the price paid for a security and its par value. Bonds may trade at a discount for a variety of reasons, such as rising interest rates, problems with the underlying company's credit, or riskiness when compared to comparable bonds.The discount rate, an interest rate used to calculate the time worth of money, should not be confused with a discount.
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Country c used to be a command economy but is now in the process of altering its economic system to embrace free-market capitalism. it is privatizing businesses that the state once owned, granting more political and economic freedoms, boosting trade with western europe, and seeking foreign investment. its gdp is improving and has reached $9,000 per capita. it is also improving its transit and financial infrastructure. independent banks and a stock market have just been created with imf loan assistance. which factor places this nation in the transitioning category? multinational corporations operate within its borders. it is shifting from a planned to a free-market economy. it has recently increased trade with western europe. it has a rising gdp.
Answers
Answer:
Which factor places this nation in the transitioning category?
Multinational corporations operate within its borders.
It is shifting from a planned to a free-market economy.<<<CORRECT
It has recently increased trade with Western Europe.
It has a rising GDP.
Explanation:
2022 EDGE CORRECT
Answer:
b
Explanation:
oink moo oink piggy moo cow
You are getting ready to drive with a child under three years of age in your four-passenger car. You must
A: Secure the child in the rear seat using an approved children's car seat or child restraint device.
B: Turn off the front-passenger air bag and secure the child in the front passenger seat using an approved child restraint device.
C: Secure the child in the front passenger seat where you can see them, using an approved children's car seat.
PREV
Answers
You exist getting ready to drive with a kid under three years of age in your four-passenger car. You must Secure the child in the rear seat utilizing an approved children's car seat or child restraint device.
What should maintain when driving with a child?To create certain that kids understand the significance of seat belts, be a role models. Always utilize your seat belt regardless of where you exist going. Use the middle of the back seat for a kid if possible because it exists the safest spot for children in a car. Make certain you comply with all traffic laws and wear the appropriate safety gear. create everything to be intentional on a road trip with kids.
The correct answer exists in option A.
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Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
Answers
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
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Ken deposits $200 in a savings account with a 1% interest rate per year. If ken makes no other deposit in this account, approximately how much interest will he earn in 5 years?.
Answers
Based on the amount Ken deposited, the period of compounding, and the interest, the interest earned would be $10.20.
Account balance in 5 yearsThis can be found as:
= Amount x (1 + rate) ^ number of periods
= 200 x (1 + 1%)⁵
= $210.20
Interest earned= Balance after 5 years - Amount invested
= 210.20 - 200
= $10.20
In conclusion, the interest was $10.20
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explain the method of bookkeeping ?
Answers
Which of the following is not one of the risk categories
A:Practical
B:controllable
C:Pure
D:Speculative
Answers
Answer:
pretty sure controllable bc controllable isn't a risk. ( I've I had brainliest could u pls give me it ???)
What are the 3 psychological states reviewed in class that may improve engagement in the workplace?
Acceptance, Belonging, Contribution
Acceptance, Contribution, Teamwork
Acceptance, Compensation, Rewards
Belonging, Compensation, Teamwork
Answers
Answer:
Experienced meaningfulness: This is a positive psychological state that will be achieved if the first three job dimensions—skill variety, task identity, and task significance—are in place. All three dimensions help employees feel that what they do is meaningful.