The percentage increase in pretax profits is 27.5%, and the degree of operating leverage for this project is 2.5.
To find the percentage increase in pretax profits, we first need to calculate the current pretax profits.
Current pretax profits = Revenue-Variable Costs - Fixed Costs - Depreciation
Current pretax profits = $4500 - ($4500 * 2/3) - $700 - $200
Current pretax profits = $4500/3 - $700 - $200
Current pretax profits = $1500 - $700 - $200
Current pretax profits = $600
Now, we can calculate the new pretax profits after the 11% increase in sales;
New revenue = $4500 + ($4500 * 11%) = $4995
New variable costs = ($4995 * 2/3) = $3330
New pretax profits = $4995 - $3330 - $700 - $200
= $765
Percentage increase in pretax profits = (New pretax profits - Current pretax profits) / Current pretax profits x 100%
Percentage increase in pretax profits = ($765 - $600) / $600 x 100% = 27.5%
The degree of operating leverage (DOL) measures how sensitive pretax profits are to changes in sales. It is calculated as follows;
DOL = (% change in pretax profits) / (% change in sales)
Using the percentage increase in pretax profits we just calculated and the 11%
increase in sales, we can find the DOL;
DOL = 27.5% / 11% = 2.5
Therefore, the degree of operating leverage for this project is 2.5.
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An olympic medalist swimmer who grew up in the city contributed $750,000 to the city stipulating that the money be invested and that the earnings thereon be used for maintenance of the swimming complex. The $750,000 would most appropriately be recorded in a(an): group of answer choices investment trust fund. Custodial fund. Permanent fund. Private-purpose trust fund
The $750,000 contribution from the Olympic medalist swimmer, which is meant to be invested for the maintenance of the city's swimming complex, would most appropriately be recorded in a Private-Purpose Trust Fund.
A Private-Purpose Trust Fund is established when a donor, in this case, the swimmer, donates assets to the government with specific instructions on how the money should be used. The government becomes a trustee and invests the donated funds, with the earnings on the investments being used for the purpose specified by the donor.
The other options - investment trust fund, custodial fund, and permanent fund - are not the best choices for this situation. Investment Trust Funds are used to account for investments that are held by the government on behalf of external parties, while Custodial Funds are used to account for assets held by the government as a custodian or trustee for other entities.
Permanent Funds are used to account for donations or endowments that the government is not allowed to spend, and the earnings on the investments are typically used for a general purpose, such as education or healthcare. Therefore, the most appropriate fund to record the swimmer's contribution in this scenario is a Private-Purpose Trust Fund.
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Next Saturday, best friend, Sol, and I will have separate acts in a citywide talent contest. But we've just made a _____ with each other that will help us from feeling jealous if one of us wins and one loses. We've decided that if one of us wins, that person will share the prize money with one another.
Answer:
truce
Explanation:
Here is the full question :
Next Saturday, my best friend. Sol and I will have separate acts in a citywide talent contest. But
we've just made a _____with each other that will help us from feeling jealous if one of us
wins and one loses. We've decided that if one of us wins that person will share the prize money
with the other one.
Which word BEST completes the sentence?
truce
alliance
treaty
pact
A truce is an agreement between people to stop fighting for a limited.
Sol and his best friend made an agreement that would stop them from fighting
A pact is an agreement between people
Answer:
Truce (that the correct one).
Explanation:
What are some actions that may be taken by a nation to reduce interest rates in a country
Answer:
If needed, the Federal Reserves has the ability to lower interest rates.
Explanation:
Does anyone know how to start your own business as a teen? I am trying to start my own beauty business, with face products etc. Also I need name ideas one of that I was thinking of was Natural Beauty. Since I am going to be selling all natural products
Answer:
i'm no expert but, i think first start out with ideas of the business u wanna do and keep adding on to those ideas you already have and find a business idea you know you can invest in and stick to that business so you can make money you want and supply the products people want and need so, that your making money to help yourself out in life and their getting supplies that are good and don't have harsh chemicals so, it doesn't result in you losing money. Also Natural Beauty is a good name but, i think you might like these three name ideas but, if not its okay go with the name you want since it's your business. Here are the name ideas Natural Essentials, Clear Beauty, or Organic Beauty Essentials.
Answer:
Many small business owners decide to set up an LLC for the liability protection it provides. An LLC, or limited liability company, exists separately from its owners (known as members), and the owners are therefore not personally responsible for business debts.Most states don’t allow two different business entities to have the same name. So you can’t, for example, have “Joe’s Donuts, LLC” and “Joe’s Donuts, Inc.,” even if they’re located in different cities. Many states also restrict companies from using certain words in their names, such as “bank.” If the LLC name you’ve selected is available, but you aren’t going to be filing your LLC documents right away, you may want to reserve the name. Nearly every state allows you to reserve a name by filing a form and paying a name reservation fee. The length of the reservation period, filing fees, and renewal policies vary from state to state.Almost every state requires its LLCs to name a registered agent (also sometimes called a statutory agent). A registered agent is a person who agrees to receive lawsuits, subpoenas and other official documents on behalf of the LLC and to pass them along to the appropriate person at the LLC.An LLC operating agreement is the roadmap that describes how your LLC will be run. It specifies such things as the ownership interests and voting rights of the members, how profits and losses will be allocated, how meetings will be held, how the business will be governed, the rights of the members if one of them dies or leaves the business, and the way the company will be dissolved if it goes out of business.Each state has its own form and procedure for establishing an LLC. In general, you must file articles of organization that list.After the LLC’s formation documents are filed and approved, the state will issue a certificate or other document that confirms that your LLC formally exists. Once you’ve received the certificate, you can take care of business matters like obtaining a tax ID number and business licenses and setting up a business bank account. Explanation:If your LLC does business in more than one state, you may need to register to do business in other states. To do this, you’ll need to fill out and submit paperwork that’s similar to the paperwork you filed when you formed your LLC. You’ll also need a registered agent in each state where you are authorized to do business.
The 1953 coronation of Queen Elizabeth II cost about £1.5 million. If money had instead been invested at 5% annual return what would be the value in 2022?
If the £1.5 million spent on the 1953 coronation had been invested at a 5% annual return, its value in 2022 would have grown to around £42.
the value of £1.5 million invested at a 5% annual return from 1953 to 2022 would be approximately £42.8 million.
to calculate the value of the investment in 2022, we can use the compound interest formula: a = p(1 + r/n)⁽ⁿᵗ⁾, where a is the future value, p is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.
in this case, the principal amount (p) is £1.5 million, the annual interest rate (r) is 5%, the number of times interest is compounded per year (n) is 1 (assuming annual compounding), and the number of years (t) is 2022 - 1953 = 69.
plugging these values into the formula, we get:a = £1.5 million * (1 + 0.05/1)⁽¹ * ⁶⁹⁾
calculating this expression, we find that the value of the investment in 2022 would be approximately £42.8 million. 8 million.
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If there is a conflict between a person’s verbal communication and non-verbal communication, people are more likely to believe their non-verbal communication. please select the best answer from the choices provided t f
If there is a conflict between a person's verbal and non-verbal communication, people are more likely to believe their non-verbal communication - TRUE
While verbal communication is essential to achieving success in both interpersonal and professional relationships, non-verbal communication – also known as body language – always speaks louder than words. Often performed automatically rather than intentionally, body language is the use of observable behaviors, attitudes, and habits for nonverbal communication.
When you communicate with other people, you are constantly sending and receiving non-verbal signals, whether you realize it or not. Your posture, tone of voice, amount of eye contact, gestures, and other nonverbal behaviors all convey important messages. They can put people at ease, inspire confidence and draw people to you, or they can irritate and confuse.
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Keiynan wants to start a restaurant that is environmentally friendly. It is important to him to use locally grown food to keep the impact on the environment low. How should he set up his business based on his goals?
Answer:
He should begin growing a garden of fresh fruit and vegetables to utilize for his cooking. He could also use sustainable utensils and tools.
Correction in the comments- I assume its the last one.
Keiynan should set his business goals by focusing on the good environmental practices, such as using sustainable utensils and tools and growing a garden of fresh fruit and vegetables.
What is Environment?Environment refers to the surrounding in which we live. It is very important part of the human life to keep the surrounding clean as it may impact the life of everyone, even the animals. It includes all type of living sand nonliving elements.
According to the above scenario, Keiynan open the restaurant while keeping in the mind the measures to be undertaken in order to protect the environment. The practices that he can incorporate are developing his own garden and growing the chemical and pesticides.
Therefore, it can be concluded that Keiynan should focus on excellent environmental practices while setting his company goals, such as employing sustainable utensils and tools and establishing a garden of fresh fruits and vegetables.
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Beck CPA firm audits the financial statements of Mary Ann Enterprises. Is implementing an off-the-shelf financial infomation system a violation of PCOAB/SEC standards? Yes оо No
YES, Beck CPA firm audits the financial statements of Mary Ann Enterprises. Is implementing an off-the-shelf financial information system a violation of PCOAB/SEC standards.
But It also depends on the specific circumstances and details of the situation. In general, implementing an off-the-shelf financial information system does not necessarily violate PCOAB/SEC standards. However, the system must meet certain criteria and standards to ensure it complies with regulatory requirements and provides accurate and reliable financial information.
If the off-the-shelf system is properly designed, implemented, and maintained, and it meets the necessary controls and audit requirements, it can be used without violating any standards. However, if the system does not meet these standards or lacks necessary controls, it could potentially lead to inaccurate or unreliable financial information, which would be a violation of PCOAB/SEC standards.
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checking deposits generally have a _____return on investment than do certificates of deposit because checking deposits are________liquid.
Answer:
your answer
Explanation:
lower return and more liquid
Checking deposits generally have a lower return on investment than do certificates of deposit because checking deposits are more liquid. When you deposit money into a checking account, you are essentially loaning your money to the bank, which can then use those funds to lend to other customers or invest in various financial products.
In exchange for the use of your money, the bank may pay you a small amount of interest on the balance of your account. On the other hand, certificates of deposit (CDs) are financial products that require you to deposit a specific amount of money for a fixed period of time, ranging from a few months to several years. In exchange for agreeing to keep your money in the CD for that period of time, the bank will typically offer a higher interest rate than what you would receive on a checking account. However, the tradeoff is that you cannot withdraw your money from the CD without paying a penalty fee until the end of the CD term.
The reason why checking deposits are generally more liquid than CDs is because they are designed to be used for day-to-day expenses and transactions, such as paying bills or withdrawing cash from an ATM. CDs, on the other hand, are intended for long-term savings and should only be used if you are comfortable locking up your funds for a certain period of time. Overall, both checking deposits and certificates of deposit have their own advantages and disadvantages, and the best choice for you will depend on your individual financial goals and needs.
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Which of the following would be a business selling the same thing in another country?
if I'm wrong please give more details? and ice cream parlour?
Answer:
I think cafe or Hotel will be the best business in another county.
As some of the earliest management theories, scientific management and administrative management comprise the ________ viewpoint. behavioral quantitative systems contemporary classical
The management viewpoint which is made up of the scientific management and administrative management is known as:
E. Classical viewpointAccording to the given question, we are asked to state the name which is given to the management viewpoint which is made up of the scientific management and administrative management.
As a result of this, we can see that this is one of the earliest management theories as this has to do with the different methods of managing people and resources in a market system.
Therefore, the correct answer is option E
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Which critical thinking skill is used to gain new insight into your thinking?
Open-mindedness
Reflection
Curiosity
Evaluation
Information-gathering
Answer: Reflection
Explanation:
You can gain insight by asking a person to reflect and evaluate an experience and explain their thought processes during that time. This can help you develop your critical thinking by providing you real-world examples.
On January 1, 2017, Elemeno Inc. had 6000 shares of common stock authorized, $500 shares of common stock issued, and 2,402 shares in treasury stock. On April 1, 2017, Elemeno sold 458 shares from treasury stock at $42 each. On October 1, 2017, Elemeno sold an additional 138 shares from treasury stock at $55 each. For the fiscal year ended December 31, 2017, net income available for common shareholders was $10,000.
Elemeno Inc. had 6000 authorized shares, 500 issued shares, 2402 treasury shares, sold some treasury shares, and earned $10,000 net income in 2017.
6000 shares of common stock were authorized for Elemeno Inc. in 2017, with 500 shares having been issued and 2402 being kept in treasury. They sold 458 shares of treasury stock at a price of $42 per share on April 1 and 138 shares at a price of $55 per share on October 1. The company made a net income of $10,000 for common shareholders for the fiscal year that ended on December 31, 2017. These transactions show that Elemeno Inc. used its treasury shares to raise money through sales while keeping some in treasury, according to the transactions. The net income shows the company's annual profitability, which could support future dividend payments or reinvestment plans for common shareholder.
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NEED ASAP PLEASE
Select the correct text in the passage.
Hussein is writing a response rejecting a customer’s request for a product replacement. Select the text in the passage that shows the reasons he gives for the negative message.
Thank you for writing to us regarding your request for a replacement fan.
To guarantee customer satisfaction, we extend a warranty of 90 days on this product for all our customers. If returned within 90 days, we offer replacements free of charge.
Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement.
As an alternative, we can offer a 20 percent discount on any other product you wish to purchase from our store. We look forward to doing business with you again.
Answer:
Based on the receipt you attached to your email, we see that you purchased this product 120 days ago. We regret that we are unable to offer a replacement
Explanation:
Hope it helps!
In business, a group of people who work together in an attempt to achieve some specific purpose is known as a(n) _____. Multiple choice question. cadre symposium cohort organization
There are different kinds of firms. In business, a group of people who work together in an attempt to achieve some specific purpose is known as an organization.
What is an organization?An organization is regarded as a combination or a group of people that are said to be working together such as an association, a charity, a union, etc.
The word organization also connote a group or business, or to the process establishing something.
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In what range do the closing costs on a home loan typically fall?
a. 1% to 3%
b. 3% to 5%
c. 5% to 7%
d. 7% to 10%
Please select the best answer from the choices provided
OA
OB
OC
OD
Answer:3-5% on edge just got it right
Explanation:
You are the General Manager of Walmart. Using a relevant motivation theory, discuss some two ways you will motivate your employees to want to come to work each day during the Corona virus outbreak?
Answer:
As the General Manager of Walmart during the coronavirus outbreak, one relevant motivation theory that I would utilize to motivate my employees is the Self-Determination Theory (SDT). This theory emphasizes the importance of three innate psychological needs: autonomy, competence, and relatedness. By addressing these needs, I can help foster a sense of intrinsic motivation and overall well-being among my employees.
Explanation:
Here are two ways I would apply SDT principles to motivate employees during these challenging times:
Autonomy: Empowering employees with choices and flexibility:
During the pandemic, many employees may feel a lack of control over their lives due to the uncertainties and restrictions imposed by the outbreak. To counter this, I would provide opportunities for autonomy within the workplace. For example, I would implement flexible scheduling options, allowing employees to have a say in their working hours or offering remote work options where feasible. This flexibility would empower employees to manage their personal and professional lives more effectively, reducing stress and increasing motivation to come to work each day.
Furthermore, I would encourage employees to take ownership of their work by involving them in decision-making processes. I would seek their input on matters that affect their job roles, such as implementing new safety protocols or modifying store layouts. This involvement would make them feel valued and increase their sense of autonomy, as they would have a say in shaping their work environment.
Relatedness: Fostering a sense of community and support:
During a pandemic, maintaining social connections and a sense of belonging is crucial for employee well-being. I would emphasize the importance of teamwork and camaraderie within the workplace. For instance, I would organize virtual team-building activities, such as online games or video conferences for informal discussions and check-ins. Additionally, I would encourage employees to support each other through mentoring programs or buddy systems, where experienced colleagues can provide guidance and emotional support to newer or struggling employees.
To further foster a sense of relatedness, I would regularly communicate and provide transparent updates on the company's response to the pandemic. Clear communication channels, such as town hall meetings or newsletters, would ensure employees feel informed and connected to the organization's goals and progress. I would also recognize and celebrate their efforts and achievements, both individually and as a team, through virtual recognition programs or rewards to create a sense of unity and motivation.
By applying the Self-Determination Theory and addressing the needs for autonomy and relatedness, I would strive to create a supportive and empowering work environment during the coronavirus outbreak. These measures would help motivate employees, enhance their job satisfaction, and encourage them to come to work each day with a sense of purpose and well-being.
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Which margin is at the very bottom of the page when printing worksheets?
top margin
bottom margin
header margin
footer margin
Answer:
Footer Margin
Explanation:
Just took this :)
Answer:
Footer Margin
Explanation:
duplicate checking of calculations and preparing bank reconciliations and monthly trial balances are examples of what type of control? group of answer choices preventive control corrective control detective control authorization control
Duplicate checking of calculations and preparing bank reconciliations and monthly trial balances are examples of Corrective control.
Are they an illustration of a corrective control?Following an unlawful or unwelcome activity, corrective controls are any steps taken to fix harm or return resources and capabilities to their original state. Technical corrective measures include things like patching a system, putting a virus in quarantine, killing a process, or rebooting a machine.Examples include checking computations twice, setting up bank reconciliations, and creating monthly trial balances. Corrective measures locate and address problems.Preventative measures include things like rules, standards, protocols, and procedures as well as physical barriers, encryption, and firewalls.To learn more about Corrective control refer to:
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Mr. Roy is a sincere and hardworking person who does his job quietly and does not like to argue much. He prefers to write notes and send written messages instead of face-to-face interaction. He is being given the responsibility of leading a team to handle a prestigious project. But before that he has to get the project approved by the board of directors. Can you suggest what style of communication he should use to make it a success? Discuss with your instructor.
Answer:
Assertive style of communication
Explanation:
In simple words, Assertive speech relates to the style under which people explicitly express their beliefs and emotions and actively argue for their interests and desires without compromising another' interests. Assertiveness helps one to keep track of oneself and is important for stable relations and positive mental well being.
Thus, from the above we can conclude that the assertive style should be used.
g which of the following properly identifies the section of the cash flow statement where each transaction or event would be reported. operating investing financing a. purchase of treasury stock purchase of common stock retirement of bonds b. loss on sale of equipment purchase of equipment payment of dividends c. purchase of equipment purchase of investments issue of common stock d. collection of accounts receivable sale of land sale of investments
Stockholders' equity is reduced when treasury stock is bought. Long-term obligations and stockholders' equity changes are displayed.
Asset treasury stock?A counter equity item is Treasury Stock. It is deducted from stockholders' equity rather than being recorded as an asset. There will be a discrepancy between both the share count distributed and or the value of shares because of the presence of share capital.
What makes it a "treasury stock"?Treasury stock, commonly referred to as financial assets or reacquired stock, denotes previously preferred stock that the issuing business has acquired from stockholders. As a result, this leadsThere are fewer shares in circulation overall on the open market.
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explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
How long does a speeding ticket affect your insurance?.
Answer:
well I think it's about 5 years
What marginal costs and benefits might a business owner have to consider when trying to decide whether to hire additional workers?
Answer:
the marginal product of labor - the increase in productivity they bring
the marginal cost of hiring them - how much they will have to pay them
Explanation:
please follow
Samantha keeps $1,000 in her checking account. A friend has suggested that she move that money into a savings account which pays interest and that she apply for a debit card on that savings account so that she can spend money in her account directly with merchants without having to write a check. What's wrong with this idea
Answer:
Few banks will issue debit cards for savings accounts since the law limits the use of a debit card with merchants to 6 times per month.
Budgetary slack occurs when a manager submits a budget that is ______.
Answer:
Budgetary slack occurs when a manager submits a budget that is too easy to attain.
Explanation:
Hope that helps!
What Are Trader Joe's Store Hours?
Trader Joe's is a popular grocery store chain known for its unique and affordable products. The store hours for Trader Joe's can vary depending on the location, but most stores are open seven days a week.
Typically, Trader Joe's store hours are as follows:
Monday through Friday: 8:00 AM to 9:00 PMSaturday: 8:00 AM to 9:00 PMSunday: 8:00 AM to 9:00 PMIt's important to note that these are general store hours and may vary by location. Some stores may open earlier or close later, and some may have different hours on holidays. It is always best to check the specific store hours for the Trader Joe's location you plan to visit. You can find the store hours on the official Trader Joe's website or by calling the store directly.
Additionally, due to the ongoing COVID-19 pandemic, some Trader Joe's locations may have temporarily adjusted their hours or have implemented special shopping hours for senior citizens or other high-risk groups. So, it is always a good idea to check the store's website or call ahead to confirm the store hours before visiting.
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Which of the following statements accurately describes short term financing options?
a.)
The need for short term financing indicates that a business is in financial distress.
b.)
The lender usually charges the borrower a discount rate of interest.
c.)
The short term financing options are considered a type of secured financing.
d.)
The short term financing options must be repaid within a one year period.
The statement which describes short term financing options is given by
Option d. The short term financing options must be repaid within a one-year period.
Short-term financing refers to financial arrangements that are typically intended to be repaid within a short period.
Usually within one year or less.
It is used to meet immediate funding needs or to finance temporary working capital requirements.
Examples of short-term financing options include,
Bank loans, lines of credit, trade credit, commercial paper, and accounts receivable financing.
Review the other options to clarify,
The need for short-term financing does not necessarily indicate that a business is in financial distress.
Businesses often require short-term financing for various reasons, including managing cash flow fluctuations.
Funding seasonal operations, taking advantage of growth opportunities, or supporting ongoing working capital needs.
The interest rate charged by the lender for short-term financing can vary.
And may be based on factors such as the borrower's creditworthiness, prevailing market rates, and specific terms of financing arrangement.
While a discount rate of interest may be charged in certain situations.
It is not a characteristic that applies universally to all short-term financing options.
Short-term financing options can be either secured or unsecured.
Depending on the specific arrangement and the preferences of the lender.
Some short-term financing options may require collateral as security.
While others may be unsecured, relying primarily on the borrower's creditworthiness and financial stability.
Therefore, statement accurately describes short-term financing options is,
options d. short-term financing options must be repaid within a one-year period.
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FILL THE BLANK. "According to the notes, ______ in ________North Texans
doesn’t have enough money to weather a financial storm lasting
_________days."
The coronavirus outbreak has brought the economy to a halt and left millions of Americans out of work. Even before the pandemic, many people in the United States lived paycheck to paycheck and lacked emergency savings to get them through tough times.
According to a recent survey, more than 30% of South North Texans don’t have enough money to weather a financial storm lasting 90 days. This puts them at risk of falling into debt, losing their homes, or struggling to pay for basic necessities like food and healthcare.
There are many factors that contribute to this financial insecurity, including low wages, high healthcare costs, and a lack of affordable housing. In recent years, the cost of living has risen faster than wages for many people, making it increasingly difficult to make ends meet.
Healthcare costs have skyrocketed, leaving many Americans struggling to pay for medical bills and prescriptions. And despite efforts to increase the supply of affordable housing, rents and home prices continue to climb in many areas, putting homeownership out of reach for many people.
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Teams have better communication than other workers because they get to
a. Know each other better
b. Attend commurication seminars
C. Earn extra benetits packages
d. Use better telephones