Geneva Co. reports the following information for July:
Sales $750,000
Variable costs 225,000
Fixed costs 100,000
Calculate the contribution margin for July.
a. $525,000
b. $425,000
c. $650,000
d. $750,000
Answers
In the case of Geneva Co., the contribution margin of $525,000 will be used to pay off the fixed costs of $100,000, and the remaining amount will contribute to the profit. The right answer is option a) $525,000.
To calculate the contribution margin, we need to subtract variable costs from sales. Therefore, the contribution margin for Geneva Co. in July would be:
Contribution Margin = Sales - Variable Costs
Contribution Margin = $750,000 - $225,000
Contribution Margin = $525,000
Therefore, the correct answer is option (a) $525,000.
It is important to understand the concept of contribution margin, as it helps us determine the profitability of a product or service. The contribution margin is the amount of money that remains after deducting variable costs from sales. This money is used to pay off the fixed costs and any remaining amount contributes to the profit.
By calculating the contribution margin, the company can understand the profitability of its sales and make informed decisions about pricing and cost control.
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Related Questions
cleatus receives utility for consuming pretzels (p) and other goods (g). a. describe his preferences between bundles a
Answers
the receives utility for consuming pretzels (p) and other goods (g).Preferences: It is an assumption that likes both are pretzels and other goods. we don't know how he ranks these goods. could either prefer pretzels to other goods or vice consuming pretzels or consuming other goods.
To understand ' preferences between different bundles of pretzels and other goods, we can use the concept of utility. Utility is the satisfaction a consumer derives from consuming a good or a bundle of goods The concept of utility helps in the understanding of consumer preferences. Utility is subjective; it varies from person to person. It is difficult to measure utility; however, we can assume that more of a good leads to greater utility .To describe preferences between different bundles of pretzels and other goods, we can use the concept of marginal utility.
Marginal utility is the additional satisfaction a consumer receives from consuming an additional unit of a good .As we don't know the exact preferences of between pretzels and other goods, we can assume that receives a certain level of utility from consuming pretzels and another level of utility from consuming other goods. It is important to note that total utility is the sum of the marginal utilities of each good consumed by the consumer. We can assume that is rational and aims to maximize his total utility. if receives 10 units of utility from consuming pretzels and 8 units of utility from consuming other goods, then his preferences are not well-defined between these two goods. could either consume only pretzels, only other goods, or a combination of both that maximizes his total utility.
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Drag each description to the correct location on the graph. This graph is the production possibility curve for a country's combined production of good A and good B. Match each description to the point on the graph that it best corresponds with
Answers
Answer:
**Starting from the bottom**
First: The country's unemployment rate has increased drastically.
Second: there are still many people without jobs, but the countries unemployment rate has decreased.
Third: The country is using its resource efficiently.
Fourth: The country wishes to produce an amount of both goods that is clearly unattainable.
Hilton Corp. has revenues of $1,214,800, costs of $816,355, and pays a tax rate of 32 percent. If the firm pays out 50 percent of its earnings as dividends every year, what is the amount of retained earnings
Answers
Answer:
its $133,471.30
Explanation:
Cantor corporation acquired a manufacturing facility on four acres of land for a lump-sum price of $8,500,000. the building included used but functional equipment. according to independent appraisals, the fair values were $4,800,000, $3,600,000, and $3,600,000 for the building, land, and equipment, respectively. the initial values of the building, land, and equipment would be:
Answers
Based on the independent appraisals and the lump-sum purchase price of $8,500,000, the initial values of the building, land, and equipment would be:
Building: $3,400,000
Land: $2,550,000
Equipment: $2,550,000
According to the appraisals, the fair values were determined as follows:
The building was appraised at $4,800,000.
The land was appraised at $3,600,000.
The equipment was also appraised at $3,600,000.
Now, we can allocate the total lump-sum price of $8,500,000 to the individual components based on their respective fair values.
Let's calculate the initial values:
Building:
The fair value of the building is $4,800,000, which represents a proportion of:
$4,800,000 / ($4,800,000 + $3,600,000 + $3,600,000) = 0.4
To find the initial value of the building, we multiply this proportion by the total purchase price:
0.4 * $8,500,000 = $3,400,000
Therefore, the initial value of the building is $3,400,000.
Land:
The fair value of the land is $3,600,000, which represents a proportion of:
$3,600,000 / ($4,800,000 + $3,600,000 + $3,600,000) = 0.3
To find the initial value of the land, we multiply this proportion by the total purchase price:
0.3 * $8,500,000 = $2,550,000
Therefore, the initial value of the land is $2,550,000.
Equipment:
The fair value of the equipment is $3,600,000, which represents a proportion of:
$3,600,000 / ($4,800,000 + $3,600,000 + $3,600,000) = 0.3
To find the initial value of the equipment, we multiply this proportion by the total purchase price:
0.3 * $8,500,000 = $2,550,000
Therefore, the initial value of the equipment is $2,550,000.
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ASAP I need help.
Create a list of five action verbs you might use on a job application to describe skills and/or work history. Here are some examples: (organized, produced, selected, coordinated, contributed). Find five other than the examples.
Answers
gateway communications is considering a project with an initial fixed assets cost of $1.49 million that will be depreciated straight-line to a zero book value over the 9-year life of the project. at the end of the project the equipment will be sold for an estimated $246,000. the project will not change sales but will reduce operating costs by $411,000 per year. the tax rate is 34 percent and the required return is 12.1 percent. the project will require $55,000 in net working capital, which will be recouped when the project ends. what is the project's npv?
Answers
Answer:
im not for sure but goodluck!
Explanation:
im sorry i just need to answer a random question for something
The check in a register is used when you_your account.
Answers
Answer:
Balance
Explanation:
Balancing of registers is an important book-keeping practice. When an account is being balanced, the check is used. The check is used to ensure as well as find out the income pre-tax and after tax. It is used to balance books or accounts to make sure that income and expenditure are well registered and to understand the sitution of the account.
Cheers.
Lisa takes a loan of $10,500 if I did 9 simple interest rate for 7 years how much interest will she pay after 3 years how much interest will she pay in total of for the loan
Answers
Lisa will pay a total interest of $2845 at the end of 3 years to the loan; and $6615 in total throughout the period of loan through the simple interest method.
What is simple interest?The type of interest which is charged only over the initial amount or the principal amount and payable at the end of a predetermined period is known as a simple interest.
Using the given information, the simple interest at the end of 3 years and 7 years will be computed as below,
\(\rm Simple\ Interest= \dfrac{Principal\ x\ Rate\ of\ Interest\ x\ Period}{100}\\\\\rm Simple\ Interest= \dfrac{10500\ x\ 9\ x\ 3}{100}\\\\\rm Simple\ Interest= \$2845\)
Now for 7 years,
\(\rm Simple\ Interest= \dfrac{10500\ x\ 7\ x\ 9}{100}\\\\\rm Simple\ Interest=\$6615\)
Hence, the simple interest to be paid by Lisa at the end of the required periods is given as above.
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If someone introduces himself using a formal introduction, you should _____.
address him formally and suggest that he need not be formal with you
ask him how he would like you to address him
follow his lead and address him formally
address him informally and suggest that you prefer informal greetings
Answers
Answer:
Follow his lead and address him formally
Explanation:
If someone addresses you formally, that is because that person expects the conversation to be formal, or because you both are in a formal enviroment, for example, a work meeting. For this reason, the best to do in such situation is to address the other person formally as well.
Purchasing-power parity holds between the nations of Ectenia and Wiknam, where the only commodity is Spam.
In 2020, a can of Spam cost 4 dollars in Ectenia and 24 pesos in Wiknam.
The exchange rate between Ectenian dollars and Wiknamian pesos was
pesos per dollar.
Over the next 35 years, inflation is expected to be 2 percent per year in Ectenia and 4 percent per year in Wiknam. If this inflation comes to pass, what will happen over this period to the price of Spam and the exchange rate?
Over this period, the price of Spam in Ectenia will , and the price of Spam in Wiknam will . (Hint: Recall the rule of 70 from the chapter "The Basic Tools of Finance.") The exchange rate between the two countries will .
will likely have a higher nominal interest rate.
A friend of yours suggests a get-rich-quick scheme: borrow from the nation with the lower nominal interest rate, invest in the nation with the higher nominal interest rate, and profit from the interest-rate differential.
Which of the following statements explains the flaw in your friend's logic?
The scheme would work only if there is greater inflation in one nation than in the other.
The scheme would work only if the real interest rates are the same in both nations.
Nominal exchange rates adjust for the effects of inflation.
Answers
Over the next 35 years, the price of Spam in Ectenia is expected to increase by approximately 2% per year for 35 years, leading to a total increase of about 85%.
Similarly, the price of Spam in Wiknam is expected to increase by approximately 4% per year for 35 years, leading to a total increase of about 220%.
The exchange rate between the two countries will adjust to reflect the relative inflation rates, such that the peso will depreciate relative to the Ectenian dollar.
Specifically, the peso is expected to depreciate by approximately (220% - 85%) = 135% over the 35-year period. This means that it will take more pesos to purchase one Ectenian dollar in the future, and the exchange rate will likely adjust accordingly.
The flaw in your friend's logic is that nominal interest rates do not necessarily reflect the true returns on investment after accounting for inflation.
Real interest rates, which take inflation into account, are a better indicator of the true returns on investment. Therefore, it is possible that even if one country has a higher nominal interest rate than the other, the real interest rate may be lower, leading to lower returns on investment.
Additionally, exchange rate fluctuations can also significantly impact investment returns, as changes in the exchange rate can offset any gains from interest rate differentials.
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A sudden drop in the average consumer income would be an example of which external force affecting the marketing environment?
a. technological
b. economic
c. political
d. sociocultural
e. legal
Answers
Answer:
b. economic
Explanation:
Explain two benefits to Walmart of setting up a joint venture to enter the Indian market
Answers
Answer:
Walmart will get more money. It will also expand their brand.
Explanation:
^
Network externalities exist when a good's value to the consumer rises as: Select one: a. the number of people who use the good increases. O b. technology improves. c. the number of people who use the good decreases. d. the number of people who use the good remains constant. A firm would be considered a natural monopoly whenever: Select one: a. it has economies of scale over the range of output that is demanded by consumers in the market. b. it is privately owned but has been granted permission by the government to be the sole operater in a market. c. it is owned and operated by the government. d. it has gained control over the only source of an important input.
Answers
Network externalities refer to the situation where the value of a good to the consumer increases as the number of people who use the good increases. In other words, the more people use the good, the more valuable it becomes to the consumer.
A good example of network externalities is social media platforms. The more people use a particular platform, the more valuable it becomes to other users as they can interact with a larger group of people. On the other hand, a natural monopoly occurs when a firm has economies of scale over the range of output that is demanded by consumers in the market. This means that the firm can produce goods or services at a lower cost than its competitors, making it difficult for new entrants to enter the market. This is often the case in industries where there are high fixed costs, such as utilities or telecommunications. In some cases, the government may grant a private firm permission to be the sole operator in a market if it is deemed to be in the best interest of consumers. However, natural monopolies can also be owned and operated by the government, or they can arise when a firm gains control over the only source of important input.
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Help please. I will mark you as brainliest !!
What might be an example of corporate social responsibility?
A. Paying corporate taxes
B. Funding water conservation technologies
C. Hiring underage workers
D. Following local ordinances for safety
Answers
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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how many peolpe come in a job in the moring
Answers
Answer:
alot
Explanation:
In a "pay off and liquidate" approach, what is being liquidated?a. The cash a bank holdsb. The insolvent institution that is being closedc. All of the depositors’ accounts at the institution in questiond. The healthy bank that is purchasing the failing institution
Answers
In a "pay off and liquidate" approach, the insolvent institution that is being closed is being liquidated.
This approach is a resolution strategy used by the regulatory authorities when a financial institution is no longer able to meet its financial obligations and is deemed to be insolvent. In this approach, the assets of the failed institution are sold off to pay off the creditors, depositors, and other stakeholders, and the remaining liabilities are liquidated. The depositors’ accounts at the institution in question are typically protected up to a certain amount by deposit insurance, so they may not lose all their funds. This approach is often used when there is no viable buyer for the failing institution and the regulator believes that liquidating it is the best course of action to minimize losses to the depositors and other stakeholders.
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An Investor who brings _____ equity often will recelve a share of ownershlp in the company although she did not Invest capital, but effort Use this media to help you complete the question.
sweat
additional
bootstrapped
lingering
Answers
Answer:
additional equity I think
Lopez Corp. Incurred €420,000 of research costs to develop a product for which a patent was granted on January 2, 2014. Legal fees and other costs associated with registration of the patent totaled €80,000. On March 31, 2019, Lopez paid €130,000 for legal fees in a successful defense of the patent. The total amount capitalized for the patent through March 31, 2019 should be.
Answers
The total amount capitalized for the patent is $210,000. A patent is termed as the exclusive rights of the owner on its invention or the discovery.
What is patent?The patent is the license that this is the creation of the individual and cannot be copied by anyone else and if copied shall be liable for punishment.
Computation of the capitalized amount for the patent:
Calculation of the total capitalized amount for the patent is:
\(\begin{aligned}\text{Capitalized Amount for Patent}&= \text{Legal fees and other costs}+\text{Legal fees}\\ \text{Capitalized Amount for Patent}&= \$ 80,000+\$ 130,000\\\text{Capitalized Amount for Patent }&= \$ 210,000\end{aligned}\)
Therefore, the correct capitalized amount for the patent is $210,000.
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the price of a discount bond will increase over time, assuming that the bonds yield to maturity remains constant over time true or false
Answers
Answer:
its true
Explanation:
ikaw napo bahala kasi di ko alam
MAKE IT PAY: What was the last product that you purchased? Think for a minute about why you made the purchase. How did each of the marketing functions affect your decision? Ask yourself questions such as:• Why did you want the product?• Did the product’s brand impact your actions?• Did the product’s price influence you?• Where did you purchase the product?• How did you hear about the product?• Who helped you to make your purchase? Finally, after answering these questions, consider the following: How did the different marketing functions work together as a team to encourage you to make your purchase? *
Answers
Answer:
This may be something you must answer yourself. Lets say you just bought some really nice suede shoes. It's winter, and the suede is actually keeping your feet really warm unlike other shoes. Why'd you make the purchase? It was cold and you needed new shoes that would keep your feet warm, and maybe the reason you bought new shoes made out of a more rough material is because your older shoes were made out of canvas. How did the marketing functions affect your decision? Because suede is durable, and it also keeps your feet warm. Maybe the shoes were designed to be winter shoes, or maybe they were just suede skate shoes, and you know that suede keeps your feet warm. How come you wanted the product? Because your feet were cold in your old shoes, and you just needed new shoes!
Explanation:
i hope you understand what this question is asking you now.
At the beginning of the year, an analyst forecasts that the earnings of Gyronetics Corp. Will be $120 per share this year. Due to increased demand for drones, Gyronetics’ main product, earnings are expected to grow at a fast pace forever, at 16% per year. However, due to the riskiness of the business, the analyst believes the appropriate discount rate for the company must also be high, equal to 35%. Gyronetics maintains a constant payout ratio of 3% per year. In the analyst’s opinion, what should Gyronetics’ stock price be?
A. $10. 29
B. $631. 58
C. $22. 50
D. $18. 95
Answers
The stock price for Gyronetics Corp. should be $18. 95. Thus, Option D holds true.
The dividend discount model can be used to calculate the stock price of Gyronetics Corp. using the information provided. The formula for this model is:
First, we need to calculate the dividend for this year. The payout ratio is 3%, so the dividend is:
Dividend = Earnings per share * Payout ratioDividend = $120 * 3% = $3.60Next, we can calculate the discount rate minus the growth rate:
Discount rate - Growth rate = 35% - 16% = 19%Now we can substitute these values into the formula to find the stock price:
Stock price = $3.60 / 19%Stock price = $18.95Therefore, the answer is D. $18.95.
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why is it important to be a good communicator for a successful future?
Answers
Answer:
Explanation:
Being an excellent communicator can help you land that first job in your new career and ensure a positive future. It can separate you from other applicants, help you be a more effective employee and serve as a stepping stone to leadership responsibilities and career advancement.
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Answers
Answer:
what do you need help with?? we dont see anything
Explanation:
Answer:
?
Explanation:
identifying an example of the factor of production labour used in producing the Nano
Answers
Answer:
The Four Factors of Production
Land Labor Capital
The physical space and the natural resources in it (examples: water, timber, oil) The people able to transform resources into goods or services available for purchase A company's physical equipment and the money it uses to buy
Gross domestic product (GDP) may be calculated as the sum of ______. Multiple choice question. exports and imports only consumer spending, investment spending, government transfer payments, and exports minus imports consumer spending, investment spending, government purchases of goods and services, and exports consumer spending, investment spending, government purchases of goods and services, and net exports
Answers
Answer:
consumer spending, investment spending, government purchases of goods and services, and net exports.
Explanation:
The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.
Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.
Gross domestic product (GDP) may be calculated as the sum of consumer spending, investment spending, government purchases of goods and services, and net exports (exports minus imports).
Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).
In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answers
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.
What is the answer?? No links
Answers
Answer:
c
Explanation:
get big brain kid not good kid get better bro
Which of the following best describes Project Procurement Management?
a. A technique of systematically gathering and analyzing quantitative and qualitative information
b. An agreement to purchase goods from a vendor or seller
c. A description of all purchases outside of the project scope
d. The processes necessary to purchase or acquire products, services, or results from outside the project team
Answers
The processes necessary to purchase or acquire products, services, or results from outside the project team is the best statement which describes Project Procurement Management. Option D is correct.
Project Procurement Management is one of the ten knowledge areas defined in the Project Management Body of Knowledge (PMBOK). It refers to the processes involved in acquiring products, services, or results from outside the project team.
This can include activities such as developing procurement strategies, identifying potential suppliers, negotiating contracts, and managing relationships with vendors or contractors.
The goal of Project Procurement Management is to ensure that the necessary goods and services are obtained from external sources in a timely and cost-effective manner, while also meeting the quality and performance requirements of the project.
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In 2-5 paragraphs, discuss the process you would use to determine whether Internet resources are suitable and reliable sources of information.