gladstone company has expected sales of $346,000 for the upcoming month and its monthly break-even sales are $325,000. what is the margin of safety as a percent of sales? multiple choice 7%. 106%. 194%. 6%. 94%.
Answers
7% is the margin of safety as a percent of sales. The break-even point amount is deducted from the actual or projected sales, and the result is divided by sales; the result is stated as a percentage in accounting.
The sales decline that may take place before a business reaches its breakeven point is known as the margin of safety. This provides management with information on the loss risk to which a company is exposed due to changes in sales. The extra sales above the break-even sales are referred to as the margin of safety. This denotes the organization's safe zone, guaranteeing that there won't be any losses.
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Related Questions
10–27. Henry Mills is responsible for preparing checks, recording cash disbursements, and preparing
bank reconciliations for Signet Corporation. While reconciling the October bank statement,
Mills noticed that several checks totaling $937 had been outstanding for more than one year.
Concluding that these checks would never be presented for payments, Mills prepared a check for
$937 payable to himself, forged the treasurer’s signature, and cashed the check. Mills made no
entry in the accounts for this disbursement and attempted to conceal the theft by destroying the
forged check and omitting the long-outstanding checks from subsequent bank reconciliations.
a. Identify the weaknesses in Signet Corporation’s internal control.
b. Explain several audit procedures that might disclose the fraudulent disbursement.
Answers
The bank reconciliation should be done regularly, there should be an independent reconciliation of accounting records of cash and bank.
Weaknesses in Signet Corporation’s internal control are as follows: Theft or frauds related to the cash disbursements are detected through a bank reconciliation. If the bank reconciliation does not perform regularly, the chance of identifying the discrepancies is minimized.There is a lack of independent reconciliation of accounting records of cash and bank. The individual responsible for reconciling the accounts and issuing the checks has access to assets. This increases the opportunity to commit theft or fraud. No one performs a review of reconciled bank statements.A control system was not implemented to ensure that outstanding checks were not omitted. The reconciliation process failed to detect Mills’s activity, and he was able to commit theft without being detected. A control system is not in place to guarantee the review of cancelled checks.
Several audit procedures that might disclose the fraudulent disbursement are as follows:The auditor must examine the bank reconciliation, which should include canceled checks, and compare the check numbers and amounts with the disbursement journal. This will help to identify the checks that have not been cleared through the bank.The auditor should reconcile the bank statement independently. The bank statement should be examined for any deposits in transit or outstanding checks.The auditor must ensure that there is a control system in place to ensure that all long-outstanding checks are canceled and listed in the cash disbursement journal.The auditor should check whether the individual responsible for issuing checks and reconciling the accounts has taken a vacation. The individual’s work should be reassigned to someone else to ensure that there is no misconduct.The auditor should also check that the cash receipts journal and the cash disbursement journal are cross-referenced.
Thus, the bank reconciliation should be done regularly, there should be an independent reconciliation of accounting records of cash and bank, there should be a control system to ensure that all long-outstanding checks are canceled and listed in the cash disbursement journal, and a review of reconciled bank statements must be performed.
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If the natural rate of unemployment for the u.s. is 5 percent, but the actual unemployment rate is 9 percent, okun's law would suggest that we are losing which percentage of our output?
Answers
According to Okun's Law, if the actual unemployment rate is higher than the natural rate of unemployment, it suggests that we are losing a percentage of our output.
Okun's Law states that for every 1% increase in the unemployment rate above the natural rate, there is a 2% decrease in real GDP output. In this case, the actual unemployment rate is 9% and the natural rate is 5%.
To find the percentage of output we are losing, we can use the formula:
Output Loss = 2 * (Actual Unemployment Rate - Natural Unemployment Rate)
Substituting the values:
Output Loss = 2 * (9% - 5%)
Output Loss = 2 * 4%
Output Loss = 8%
Okun's Law suggests that with an actual unemployment rate of 9% and a natural rate of 5%, we are losing approximately 8% of our output. This means that the economy is not operating at its full potential due to the high unemployment rate.
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( FASHION DESIGN!!)
Fad, Flops and Classics
1. If you are a fashion designer, what are you most concerned about during the introduction phase?
2. Why do you suppose the prices are the highest during the introduction phase?
3. What happens in a retail store when fashion prices have been drastically reduced and are still not selling?
4. How does the depiction of a classic compare with a flop or fad?
Answers
Prices are often the highest during the introduction phase because the demand for a new design is usually the highest at this time. As the design becomes more widely available and the initial demand is met, the price may start to decrease.
If fashion prices have been drastically reduced and are still not selling in a retail store, it may indicate that the designs are not popular with consumers or that there is too much competition in the market. In this case, the store may choose to discontinue carrying the fashion items or may try to find ways to make them more appealing to consumers, such as through marketing or styling efforts.
A classic is a fashion item that is timeless and remains popular over a long period of time. A flop, on the other hand, is a fashion item that is not well received and does not sell well. A fad is a fashion item that is popular for a short period of time but quickly goes out of style. In general, a classic is likely to be more enduring and have a longer lifespan than a flop or fad.
Which C of the four C's of marketing associates with the promotion element of the marketing mix?
The ______ element of the four C's is associated with the promotion element of the marketing mix.
Answers
Answer:
Communication
Explanation:
The C that is associated with the promotion element of the marketing mix is Communication. Communication is the process of conveying information about a product or service to potential customers. It includes advertising, sales promotion, personal selling, public relations, and direct marketing. The aim of communication is to inform, persuade, and remind customers about the benefits of a product or service and encourage them to make a purchase. Effective communication plays a vital role in the success of a marketing campaign as it helps to create brand awareness, build trust, and generate sales.
what financial statement reports the details of a company's profitability over the previous 12 months
Answers
The income statement, commonly referred to as a profit and loss statement, is significant since it displays your company's overall profitability for the relevant time period.
Which financial statement contains details about a company's success over time?One of the three types of financial statements created by firms is a profit and loss (P&L) statement. The balance sheet and the cash flow statement make up the other two. The P&L statement's goal is to display a company's earnings and expenses for a given time period, typically one fiscal year.
Which financial statement would best reflect a company's year-over-year performance?The income statement, often known as the profit and loss statement, displays how the business conducted for a set amount of time throughout the course of its operations. Over a predetermined time, information is gathered (typically annually, monthly or quarterly).
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It is important for business owners to weigh the advantages and disadvantages of each ownership structure because a. There is an established procedure for determining the best form of ownership
B. Individual goals in need to differ which makes each business situation unique
C. The nature of the business and financial needs always change over time
D. Most businesses owners already understand how each form of ownership works
Answers
Some of the options in the questions are not correct; here is the correct question:
It is important for business owners to weigh the advantages and disadvantages of each ownership structure because
A. There is an established procedure for determining the best form of ownership
B. Individual goals and needs differ, which makes each business situation unique
C. The nature of the business and financial needs always change over time
D. Most businesses owners already understand how each form of ownership works
The correct answer is B. Individual goals and needs differ, which makes each business situation unique.
Explanation:
In businesses, there are different ownership structures; this includes sole ownership, business partnership, franchises, among others. The type of structure determines the internal organization of the business and the responsibilities and roles of those that own the business.
Due to this, selecting the appropriate ownership structure might influence the development of the business and whether this is successful over time. This decision mainly depends on the business situation considering each business is related to different needs, conditions, and goals. For example, a partnership is the best model if you want to share the ownership and responsibilities. This means, despite each ownership structure has advantages and disadvantages the decision should be made based on goals, needs, and situation of the business (Option B).
Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB
Answers
Answer: It is B. AlA
Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.
Which factor might pose the greatest risk to a person applying for a credit
card for the first time?
O A. A short grace period
B. A low introductory credit limit for the first six months
C. A lack of fees
D. A low introductory rate that will increase over time
Answers
A low introductory rate that will increase over time is the factor might pose the greatest risk to a person applying for a credit card for the first time. Hence, option D is correct.
What is introductory rate?Introductory rate is the interest rate that is charged to the person at the initial stage of the loan. The interest rate can be minimal, or it is not necessary to charge the interest rate.
The introductory rate is used to sell the loan to customers and make it seem appealing. They may or may not apply to cash advances, although they are frequently utilized for the application of balance transfers.
Thus, option D, A low introductory rate that will increase over time is correct.
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Which of the following is an acceptable way of learning the skills necessary to
become successful in your career of choice:
a) attend a traditional college or university
b) attend a vocational school
c) participate in an apprenticeship
d) all answers are correct
Answers
Answer:
all answers are correct
All answers are correct
Option 1: 1,811 square feet, 2-3 bedroom, 2 bath house that arrives in 4 modules. It includes the upgraded PEX piping and fiber cement siding that Xavier saw on the tour. The price for Option 1 would be $180 per square foot.
Option 2: 2,600 square feet, 3-4 bedroom, 3 bath house that arrives in 5 modules. It also includes the upgraded PEX piping and fiber cement siding. The price for Option 2 is $195 per square foot.
Sabrina also explains that Xavier must have certain things ready ahead of time, such as electric, sewer, and water systems, as well as a foundation in place. She gives him the name of a transport company that would oversee bringing Xavier’s modules to his house site. On your math sheet, complete the following problems that will help Xavier choose from the two options Sabrina has presented him:
Math Problem 3: Calculate the total price for Option 1
Use this formula to help you solve the problem:
Total Square Feet × Number of Square Foot=Total Price
Math Problem 4: Calculate the total price for Option 2
Use this formula to help you solve the problem:
Total Square Feet × Number of Square Foot=Total Price
Xavier contacts the transport company and is put in touch with one of the drivers, Kevin. Because the modules need to be connected quickly once they reach his build site, Xavier wants to know if he can have them all delivered on the same day. Kevin says that this would be possible using one truck per module. The fee for transporting each module is 20 cents per truck per mile, plus the cost of fuel. The factory is 350 miles from Xavier’s build site, and Kevin estimates that each truck will need $500 worth of gas.
On your math sheet, complete the following problem to help Xavier find out how much he will spend on transportation costs:
Math Problem 5: Calculate Xavier’s transportation cost to have the modules delivered on the same day
Use this formula to calculate Xavier’s cost:
[(.20 × miles)+500]× number of modules
Part 2: Job Board
Xavier is excited but knows this is a huge project. Help Xavier stay organized by creating a job board for him. A job board is like a bulletin board that holds important information about a big project. This way, he can see the important aspects of his job, along with his costs. To do this, you will be taking the answers to the math questions above and creating items that Xavier can hang on his job board to remind him of the choices he should make in this project. You may select to create your job board in poster form or digitally in a word processing document. Either way, the job board should include the following pieces of content:
A rough drawing of Xavier’s lot that includes the lot measurements provided above.
Make sure that you include the total area of the lot that you calculated in Math Problem 1 somewhere on this drawing.
A sketch of the prefabricated house option that you suggest Xavier purchases (either Option 1 or Option 2).
Make sure that you include his final price that you calculated in Math Problem 3 or 4.
Also, be sure to label the upgraded technology that was included in the option you chose so that Xavier can point it out to his building inspector when the time comes.
A graphic representation (photo, clip art, etc.) of a truck with the final transportation cost on it (this is the answer to Math Problem 5).
Answers
If the price is $180 per square foot, the price of the lot will be $3,240,000
How to find the price of the lotTo calculate Xavier cost, we need to first calculate the area of the lot (trapezium)
Area of the trapzium = 1/2(a+b)h
h is the height of the trapezium
a and b are the sides
Area of the trapezium = 1/2(175+185)*100
Area of the trapezium = 1/2(360)*100
Area of the trapezium = 18000 square foot.
If the price is $180 per square foot, the price of the lot will be 18000 * 180 = $3,240,000
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Question 27 pts OSHA, the Occupational Safety and Health Administration, has notified you that your company is legally required to install safety rails around the large vats of chemicals in your factory. You need to follow their order so that you are: Group of answer choices in compliance. licensed. insured. contracted.
Answers
What is the nine business blocks
Answers
Answer:
The nine business blocks are; customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.
Explanation:
These business blocks are part of a business model, which is something that many new entrepreneurs use as part of a design detailing how a business can function and operate successfully, especially when depending on the environment their businesses are set in. Within business models, there are four central parts that relate to; customers, offering, infrastructure, and financial viability. With that comes nine key blocks that describe it, and those nine building blocks (which are stated in the answer section above) all relate to the four central parts of the business model.
Sources:
https://opentextbc.ca/organizationalbehavioropenstax/chapter/business-model-canvas/https://medium.com/the-second-act/the-9-building-blocks-of-your-business-model-e9cdfe996ff5Using the percentage-of-receivables basis, Continental Industries estimates it has total bad debts of $25,150. If Continentalâs trial balance shows an Allowance for Doubtful Accounts with a debit balance of $8,750, which of the following adjusting entries should the firm make? Bad Debt Expense = Debit of $16,400; Allowance for Doubtful Accounts = Credit of $16,400 Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $16,400 Bad Debt Expense =Debit of $16,400; Allowance for Doubtful Accounts = Credit of $33,900 Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
Answers
Answer:
Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
Explanation:
Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
Should the firm make the following adjusting entries:
Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
What is Bad Debt Expense?When a receivable is no longer collectible because a customer is unable to fulfil their obligation to pay an outstanding debt due to bankruptcy or other financial problems, a bad debt expense is recognized. For example, if a company with $2,000,000 in sales expects 2% of sales to be uncollectible, their bad debt expense would be $40,000 ($2,000,000 * 0.02). Consider a roofing company that agrees to replace a customer's roof on credit for $10,000. A bad debt is any loan or outstanding balance that a company considers uncollectible. Bad debt is normal and expected for businesses that provide loans and credit to customers. There will almost certainly be customers who are unable to repay their debts.Therefore,
Should the firm make the following adjusting entries:
Bad Debt Expense = Debit of $33,900; Allowance for Doubtful Accounts = Credit of $33,900
When a firm's allowance account has a debit balance, the firm must add the debit balance ($8,750) to the required balance ($25,150) when making the adjusting entry (resulting in a credit of $33,900). The same amount should be deducted from the Bad Debt Expense.
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divine, inc. sells cosmetic products in the united states. which one of the following is most likely to be a cost center for divine?
Answers
A cost center is a department or function of a company that doesn't generate direct profit but is necessary for the company's overall operations. The department's expenditures can be identified and allocated to other departments based on the company's operations.
The most likely cost center for Divine would be its Production department, where the manufacturing of cosmetic products takes place. This is because the production department is responsible for the creation of the products. The cost of raw materials, wages of production workers, machinery, and other production costs would be incurred by this department.
Thus, the Production department would not be considered a revenue-generating department. It would not be responsible for generating sales or any other direct revenue. Instead, it would incur the cost of manufacturing the cosmetic products. In conclusion, the Production department is most likely to be a cost center for Divine. The Production department is most likely to be a cost center for Divine. Cost centers are different departments or activities within an organization that do not directly contribute to the generation of revenues but are necessary for its operations. These departments incur costs that are directly identifiable and can be allocated to other departments based on their activities.The most likely cost center for Divine would be its Production department, where the manufacturing of cosmetic products takes place. This department is responsible for creating the products that Divine sells. The cost of raw materials, wages of production workers, machinery, and other production costs would be incurred by this department, making it a major cost center for the organization.The department is not revenue-generating, and therefore it does not generate sales or any other direct revenue for Divine. Instead, it incurs the cost of manufacturing the cosmetic products that the company sells. It is essential for the operations of the organization, but it does not generate revenue directly, making it a cost center.In conclusion, the Production department is most likely to be a cost center for Divine. The department incurs direct costs that are necessary for the company's operations but does not generate revenue directly. It is a vital part of the organization, but its role is not to generate profits.
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1997 was the first year for Advanced Placement Statistics nationwide. How well did Ithaca High School students do on the AP exam
Answers
the College Board, which administers the AP program, releases annual reports that provide statistics on the performance of students nationwide and by state, including the number of students who took the exam, the average score, and the percentage of students who received each score.
According to the College Board's 1997 AP Report to the Nation, a total of 7,427 students took the AP Statistics exam nationwide, with an average score of 2.91 out of 5. In New York State, 439 students took the exam, with an average score of 3.03.It's important to note that individual high schools' performance on the AP exam is not typically included in the College Board's reports. However, schools may release their own data on student performance on the AP exam, and individual students may access their own AP scores through the College Board's online portal.
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A major goal of environmentally-friendly business is
O A. sustainability
B. globalization
O C. discrimination
O D. diversity
Answers
Answer:
A major goal of environmentally - friendly business is sustainability i. e. Option A.
Answer:
A. Sustainability
Explanation:
Apex
Government regulations on credit aim to
A. ensure lenders are repaid.
B. help borrowers pay on time.
C. support those borrowing credit.
D. educate lenders about consumers.
I found a lot of different answers.
Answers
What are 2 different payments relating to insurance that are used for almost all kinds of insurance?
Answers
Answer:
credit or debit?
Explanation:
Does calcculation of financial need in college take into consideration other siblings in college at the same time
Answers
Depending on how many siblings are enrolled in college at the same time, the Expected Family Contribution (EFC), which is determined when a family applies for financial assistance, might vary from year to year. Families with several children enrolled in college at the same time may be more eligible for financial aid.
Why does my EFC differ from that of my siblings?
The EFC for the eldest sibling is roughly lowered in half when a younger sibling enrols in college to reflect the increased family expenses incurred. Since they both utilise their parents' tax information, both siblings will have roughly the same EFC, despite having slightly different individual earnings and savings.
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A federal covered investment adviser employs the services of a third-party promoter to solicit business for the firm. The Investment Advisers Act of 1940 would require the solicitor to deliver A) a copy of the investment adviser's brochure B) a copy of the solicitor's brochure C) a copy of the investment adviser's Form ADV Part 1 D) a copy of the solicitor's script
Answers
The Investment Advisers Act of 1940 would require the solicitor to deliver a copy of the investment adviser's brochure and a copy of the investment adviser's Form ADV Part 1. Therefore, the correct option is A and C.
The Investment Advisers Act of 1940:As per the Investment Advisers Act of 1940, if a federal covered investment adviser employs the services of a third-party promoter to solicit business for the firm, the solicitor would be required to deliver a copy of the investment adviser's brochure and a copy of the investment adviser's Form ADV Part 1 to the potential clients.
The solicitor's brochure or script is not required to be delivered to the clients. Therefore, the correct option is A and C.
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Read the sentence.
Because of the presence of many _[blank]_, California is a leader in entrepreneurship and innovation.
Which best completes the sentence?
A)court battles
B)wealthy investors
C)hardships
D)frontier people
Answers
D) frontier people
Answer:
the correct answer is wealthy investors
Explanation:
I got a 100% on the test and answer D was icorrect the first time I took it.
Costas Company has beginning and ending raw materials inventories of $64,000 and $80,000, respectively. If direct materials used were $310,000, what was the cost of raw materials purchased?
a. $310,000.
b. $330,000.
c. $294,000.
d. $326,000.
Answers
The cost of raw materials purchased for Costas Company based on provided data is $326,000. Therefore, the correct option is d.
To find the cost of raw materials purchased for Costas Company, follow these steps:
1. Note the beginning raw materials inventory: $64,000
2. Note the ending raw materials inventory: $80,000
3. Note the direct materials used: $310,000
4. Use the formula:
Raw materials purchased = (Direct materials used + Ending raw materials inventory) - Beginning raw materials inventory
5. Plug in the values:
Raw materials purchased = ($310,000 + $80,000) - $64,000
6. Calculate:
Raw materials purchased = $390,000 - $64,000
7. Calculate:
Raw materials purchased = $326,000
The cost of raw materials purchased for Costas Company is $326,000, hence option d is correct.
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the process of finding a path from sender to receiver
Answers
The process of finding a path from a sender to a receiver is known as routing. In communication networks, routing is a fundamental operation that involves determining the most efficient and reliable path for data transmission between nodes.
Routing algorithms are employed to make decisions about the optimal path for data packets to travel through the network. These algorithms consider various factors, such as network topology, available resources, congestion levels, and quality of service requirements. The goal of routing is to ensure that data packets reach their intended destination in a timely and efficient manner while minimizing delays, congestion, and potential packet loss.
By finding the best path, routing optimizes network performance and helps in delivering data reliably across complex network infrastructures. Routing is vital in various communication systems, including the internet, where data packets traverse multiple interconnected networks. It enables seamless connectivity and efficient data transfer, enabling users to communicate, access information, and utilize network services effectively.
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Complete Question : The process of finding a path from sender to receiver is known as :
Which of the following describes the business ethical climate in the 1960s?
A.)Healthcare emphasized
B.)Public pushed for corporate accountability
C.)Anti-war sentiment
D.) Major industries riddled by scandal
please help me i need answer by today
Answers
Mostly D.
No EPA: rivers so fouled by raw sewage and fuel contamination there were literally fires on the surface of some near major industries.
The military industrial complex was reaping large profits off Cold War and later Vietnam war.
Not all business were culpable but major reforms and legislative actions had to be enacted forcing the abusers to clean up their act.!
Question 3 of 10
If you achieve excellence in music, film, dance, literature, or visual arts, you
might qualify for this type of scholarship.
A. Underrepresented student scholarship
OB. Athletic scholarship
OC. Academic scholarship
D. Creative scholarship
Answers
Answer: Creative scholarship
Explanation: Because
If you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship. The correct option is (D).
What do you mean by the Creative scholarship?When you reimagine an existing piece of art or construct a new one from scratch, you are engaging in creative scholarship.
For fine arts students with talents in the visual arts, there are numerous innovative scholarship opportunities. Photography and design-based disciplines like painting, graphic design, and animation are considered visual arts majors.
You can participate in your field as both a student and a scholar through research and creative scholarship. Development of new knowledge and its discovery with the intention of disseminating it through publications, performances, and presentations.
Therefore, if you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship.
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Plz help!!!!!!!!!!!!! giving brainliest for correct answer!!! Which type of degree is earned after a master’s degree?
doctorate
secondary
bachelor’s
associate’s
Answers
Answer:
Doctorate. this helps :)
Explanation:
a flexible budget shows what budgeted amounts should have been at the actual level of activity. as a result of this change in activity, the flexible budget will show a change in total ______.
Answers
Flexible budgeting will show a change in the total of what fixed costs, variable costs and what revenues should have been at the actual level of activity.
Flexible budgeting differs from static budgeting in that it includes a leeway in organizational budgets according to production or sales in a given period.
This type of budget is prepared at the end of the accounting period and is used for organizational control purposes, as it allows for unforeseen situations that may occur in the micro or macro environment.
Therefore, flexible budgeting is used as a control instrument that considers costs as variables based on defined estimates.
Its main advantage is its greater flexibility and ability to keep budgets up to date.
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- revenue
- variable cost
NOT
- fixed costs
- fixed costs in the flexible budget will be the same as fixed costs in the static or master budget.
if i get 16 brainlest ill give u guys 136 points
Answers
Answer:
you get brainlyist by answering questions. not making them
Answer:
ill give u brainlest tete
Explanation:
Which of these would be most likely to be included in CPI
Answers
Answer:
Frozen Pizzas
Explanation:
Info from the video:
"To calculate this index, the US Bureau of Labor Statistics uses a predetermined fixed basket of goods and services and averaging them together. The goods and services in this basket are developed from a survey of expenditures provided by individuals and families in a typical urban household."
Frozen pizza is an expenditure that could be bought by individuals and families in a household.
suppose that foreign citizens decide to purchase more u.s. pharmaceuticals and u.s. citizens decide to buy stock in foreign corporations. other things the same, these actions a. raise both u.s. net exports and u.s. net capital outflows. b. lower both u.s. net exports and u.s. net capital outflows. c. raise u.s. net exports and lower u.s. net capital outflows. d. lower u.s. net exports and raise u.s. net capital outflows.
Answers
Suppose that foreign citizens decide to purchase more United States pharmaceuticals...foreign corporations. Other things the same, these actions will raise both U.S. net exports and u.s. net capital outflows.
Give a brief account on net exports.Net exports can be regarded as a gauge of a country's overall trade. The following simple formula is used to determine net exports: The sum of a country's exported products and services less the sum of its imported goods and services is the country's net exports. Positive net exports show a nation's trade surplus, whereas negative net exports show a nation's trade deficit. Therefore, net exports are included in a country's overall trade balance.
A nation with positive net exports earns more money from the sale of items abroad than it spends overall on imports. Exports include all of the commodities, freight, transportation, tourism, communication, and financial services that a nation sends to the rest of the world. Businesses export their goods and services for a variety of reasons.
Hence, option (a) will be regarded as suitable.
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