in the cost-volume-profit analysis, income taxesa. increase the sales volume required to earn a desired profit.b. are treated as a fixed cost.c. increase the sales volume required to break even.d. are treated as a variable cost.
Answers
Option (a), In the cost-volume-profit analysis, income taxes are treated as a variable cost that increases the sales volume required to earn a desired profit.
What is cost-volume-profit analysis?The cost-volume-profit analysis is a tool used by businesses to determine how changes in sales volume and costs will affect profits. This is a way to predict how changes in costs, sales, and production volume can affect the company's financial health in the long run. The analysis includes calculating the break-even point, which is the point where the total revenue equals total expenses, to determine how much the company needs to sell in order to make a profit.
What is income tax?Income tax is a tax levied by the government on the income of individuals or businesses. It is usually calculated as a percentage of the total income. In business, income tax is one of the costs that must be taken into account when calculating profits. Income taxes are generally considered a variable cost since they are directly tied to the level of income generated by the business and can change as the income level changes.
Income taxes increase the sales volume required to earn a desired profit since they are treated as a variable cost.
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Related Questions
an example of a personal skill is
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Answer:
Well, Personal skills refer to the inner abilities. Examples of personal skills include the ability to communicate with others, Leadership skills, or Management skills.
a put option on a stock with a current price of $52 has an exercise price of $54. the price of the corresponding call option is $5.10. according to put-call parity, if the effective annual risk-free rate of interest is 4% and there are three months until expiration, what should be the price of the put? assume there is no dividends
Answers
Answer: $6.57
Explanation:
mom???????????????????????
Answers
mom ??????????????????????
Answer:
Go back to bed sweetie, here some fruit snacks now go to sleep.There are no monsters under your bed honey.
Explanation:
Have a great day.
If a company pays an energy consultant just for a set period to complete a
job, the consultant is not actually a permanent employee.
True
False
Answers
........
Click this link to view O*NET’s Work Styles section for Financial Analysts. Note that common work styles are listed toward the top and less common work styles are listed toward the bottom. According to O*NET, what are common work styles needed by Financial Analysts? Check all that apply.
attention to detail
hazard tolerance
dependability
dominance
safety
stress tolerance
Answers
Answer:
attention to detaildependabilitystress toleranceExplanation:
edg2020
Answer:A,C,D,F
explain trust
Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or withdrawals. After 3 months, the interest is calculated. How much simple interest did his money earn?
Answers
Answer:
$3.7625
Explanation:
Simple interest is calculated as
Interest = P x r x t
Where
p = principal amount.. $350
r= interest rate: 4.3% or 0.043
t= time in years: 3 months or 3/12 =0.25 years
Interest = $350 x 0.043 x 0.25
=$3.7625
What is the difference between using an action button to play an audio file via 'play sound' and an audio clip set up through the Media Group?
Answers
Answer: The action button lets users play the audio file, the sound button will play an audio clip.
Explanation:
The action button lets users play the audio file once it is clicked or has a mouse over action over the assignment button. The sound button will play an audio clip that you have specified in the action settings dialog box.
Both the client and the company representative ______ expected to approve the agreement.
Answers
"Both the client and the company representative are expected to approve the agreement."
In most business dealings, both the client and the company representative play crucial roles in approving an agreement. The client must review the terms of the agreement and ensure that it aligns with their expectations and requirements. Similarly, the company representative must review the agreement and ensure that it aligns with their company's policies and interests.
It is only when both parties are satisfied with the terms of the agreement that it can be approved and signed. Therefore, it is important for both the client and the company representative to communicate effectively and work towards reaching a mutually beneficial agreement.
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A compound is 80.0% carbon and 20.0% hydrogen by mass. Assume you have a 100.-g sample of this compound. Part A How many grams of each element are in this sample?
Answers
In the given 100 g sample of the compound, there are 80.0 grams of carbon and 20.0 grams of hydrogen. Following is the calculation:
To determine the mass of each element in the compound, we can calculate the mass based on the given percentages.
Given:
Mass of the sample = 100 g
Percentage of carbon = 80.0%
Percentage of hydrogen = 20.0%
Part A: Calculate the grams of each element in the sample.
Mass of carbon = (Percentage of carbon / 100) * Mass of the sample
= (80.0 / 100) * 100 g
= 80.0 g
Mass of hydrogen = (Percentage of hydrogen / 100) * Mass of the sample
= (20.0 / 100) * 100 g
= 20.0 g
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an organization whose members have a common cause for which they seek to influence public policy is called an...
Answers
Answer:
interest group
Explanation:
the purchase price and all costs to bring an asset to its desired condition and location for use should be ______.
Answers
Answer: capitalized
Explanation:
The purchase price and all costs to bring an asset to its desired condition and location for use should be capitalized.
To capitalize in business is simply known as to record a cost or expense. This is done on the balance sheet. The capitalization of expenses is important as firms acquiring new assets with long-term bases can amortize or depreciate the costs.The costs that we have to capitalize when purchasing assets is the cost of the item or fixed asset.
Conclusively we can therefore say that purchase price and all costs to bring an asset to its desired condition is to capitalize them as it is the best thing to do.
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jefferson animal rescue is a private not-for-profit clinic and shelter for abandoned domesticated animals, chiefly dogs and cats. at the end of 2019 16050
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The provided information includes journal entries and T-account transactions for various financial activities of Jefferson Animal Rescue in 2020.
a. Journal Entries and T-Accounts:
Additional supplies were purchased on account in the amount of $16,050.
Journal Entry:
Debit: Supplies Inventory ($16,050)
Credit: Accounts Payable ($16,050)
T-Accounts:
Supplies Inventory:
Debit: $4,000 (initial balance)
Debit: $16,050 (additional purchase)
Credit: $17,200 (supplies used)
Balance: $2,850
Accounts Payable:
Credit: $5,000 (initial balance)
Debit: $16,050 (additional purchase)
Debit: $17,100 (payments made)
Balance: $4,950
There have been unconditional donations totaling $95,000 made.
Journal Entry:
Debit: Pledges Receivable ($95,000)
Credit: Contributions Revenue ($95,000)
T-Accounts:
Pledges Receivable:
Debit: $3,800 (initial balance)
Debit: $95,000 (unconditional pledges)
Balance: $98,800
Contributions Revenue:
Credit: $95,000 (unconditional pledges)
The amount spent on supplies for animal care was $17,200.
Journal Entry:
Debit: Supplies Inventory ($17,200)
Credit: Supplies Expense ($17,200)
T-Accounts:
Supplies Inventory:
Debit: $2,850 (previous balance)
Debit: $17,200 (additional usage)
Credit: $17,200 (supplies used)
Balance: $3,850
Supplies Expense:
Credit: $17,200 (supplies used)
$17,100 worth of payments were made on accounts payable.
Journal Entry:
Debit: Accounts Payable ($17,100)
Credit: Cash ($17,100)
T-Accounts:
Accounts Payable:
Credit: $4,950 (previous balance)
Debit: $17,100 (payments made)
Balance: $12,150
Cash:
Debit: $24,700 (initial balance)
Credit: $17,100 (payments made)
Balance: $41,800
Cash collected from pledges totaled $90,500.
Journal Entry:
Debit: Cash ($90,500)
Credit: Pledges Receivable ($90,500)
T-Accounts:
Cash:
Debit: $41,800 (previous balance)
Debit: $90,500 (cash collected)
Balance: $132,300
Pledges Receivable:
Debit: $98,800 (previous balance)
Credit: $90,500 (cash collected)
Balance: $8,300
Salaries were paid in the amount $47,500.
Journal Entry:
Debit: Salaries Expense ($47,500)
Credit: Cash ($47,500)
T-Accounts:
Salaries Expense:
Debit: $0
Credit: $47,500 (salaries paid)
Cash:
Debit: $132,300 (previous balance)
Credit: $47,500 (salaries paid)
Balance: $179,800
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The complete question is:
Jefferson Animal Rescue is a private not-for-profit clinic and shelter for abandoned domesticated animals, chiefly dogs and cats. At the end of 2019, the organization had the following account balances:
The following took place during 2020:
1. Additional supplies were purchased on account in the amount of $16,050.
2. Unconditional (and unrestricted) pledges of support were received totaling $95,000. In light of a declining economy, 4 percent is expected to be uncollectible. The remainder is expected to be collected in the current year.
3. Supplies used for animal care amounted to $17,200.
4. Payments made on accounts payable amounted to $17,100.
5. Cash collected from pledges totaled $90,500.
6. Salaries were paid in the amount $47,500. Included in this amount is the accrued wages payable at the end of 2019. (The portion of wages expense attributable to administrative expense is $15,000 and fund-raising expense is $2,000. The remainder is for animal care.)
7. Jefferson Animal Rescue entered an agreement with KDAC, Channel 8 News, to find more homes for shelter pets. This special adoption program highlights a shelter animal in need of a home on the evening news the first Thursday of each month. The program was initially funded by a restricted gift. During 2020, Jefferson Animal Rescue paid $1,800 ($150 per month) for the production of the monthly videos. In December 2020, the original donor unconditionally pledged to support the project for an additional 24 months by promising to pay $3,600 in January 2021 (all of this is expected to be collectible).
8. The shelter's building was partially financed by a bank note with an annual interest rate of 6 percent. Interest totaling $1,250 was paid during 2020. Interest is displayed as Administrative Expense in the Statement of Activities.
9. Animal medical equipment was purchased during the year in the amount of $5,200. Funding came from a special capital campaign conducted in 2019.
10. Depreciation for the year amounted to $6,000. (The portion of depreciation expense attributable to administrative is $2,000, and the remainder is related to animal care.)
11. Unpaid wages relating to the final week of the year totaled $715 (all animal care).
Using the information above and the Excel template provided:
a. Prepare journal entries and post entries to the T-accounts.
b. Prepare closing entries.
c. Prepare a Statement of Activities, Statement of Financial Position, and Statement of Cash Flows for the year ending December 31, 2020.
The annual percentage rate (APR) is equivalent to the stated rate of interest when the _____ is used to calculate finance charges.a. dollar cost of credit methodb. discount methodc. average loan balance methodd. double declining balance methode. simple interest method
Answers
The annual percentage rate (APR) is equivalent to the stated rate of interest when the "dollar cost of credit method" is used to calculate finance charges. So, the correct answer is: e. simple interest method.
Credit Card APR means that the credit card Annual Percent Rate, it is grounded APR on the prime rate which means the variable interest rate is the one which changes grounded on the another rate of interest. For example, APR on the credit card could be the prime rate plus 13%, this is the interest rate on the issuer credit card charges on top of the prime rate. And the APR also based on the credit history of the person.
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Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answers
Answer:
bias
Explanation:
bias is the true anwer
Consider the following information: Budgeted indirect cost $2,000 Budgeted production units 800 Budgeted direct manufacturing labor hours 500 Budgeted customer orders 400 Actual number of setups 1,000 Using broad averaging, what is the budgeted indirect-cost rate per direct manufacturing labor-hour
Answers
The budgeted indirect cost rate is $4.00 per direct manufacturing labor-hour.
Data and Calculations:
Budgeted indirect cost for the period = $2,000
Budgeted production units for the period = 800 units
Budgeted direct manufacturing labor hours = 500 hours
Budgeted customer orders for the period = 400 orders
Actual number of setups = 1,000 setups
Therefore, the budgeted indirect cost rate per direct manufacturing labor-hour = Budgeted indirect cost divided by the budgeted direct manufacturing labor hours.
= $4 ($2,000/500)
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Through war, many of the factories in country 1 are destroyed and many of its people are killed. As a result, the country's Select one: a. production possibilities frontier (PPF) after the war has probably shifted to the right compared to its PPF prior to the war. b. PPF after the war has probably shifted to the left compared to its PPF prior to the war. c. PPF after the war is probably the same PPF as before the war. d. ability to produce goods and services has increased. e. b and d
Answers
Answer:
b. PPF after the war has probably shifted to the left compared to its PPF prior to the war.
Explanation:
When a country's production possibilities frontier shifts to the left, it means that the country's ability to produce goods and services decreases. In this case, the decrease is caused by a war that destroyed many of the country's factories and killed a lot of people. Factories and labor are factors of production, capital and labor respectively, and the less factors of production available, the less the total production.
Having just graduated with a degree in business, Brianna looks over several offers she has received from companies interested in her talents. She is specifically interested in the wage setup each company is offering. One wants her to manage a small store; this would be a salaried position. Another would have her working in a sales office on commission. The third is a spot in a paper company as an hourly sales manager. Brianna has been offered a chance to do per-project work for a retail company, but she would be an independent contractor. Compare and contrast these
Answers
Answer:She's just getting started financially and decides not to join her field's major professional association because she thinks it's not worth the annual fee.
Explanation:There u GO!!<3:)
The issue of when resources should be reported in the financial statements of funds is a basis of accounting concern.
B. The Certificate of Achievement for Excellence in Financial Reporting is awarded to a state or local government by the Government Finance Officers Association.
C. A statement of cash flows is reported for enterprise and internal service funds.
D. The government-wide financial statements report the economic resources measurement focus and the accrual basis of accounting.
E. Resources flowing into and out of a fund means that the fund is an accounting entity.
F. On the government-wide financial statements, three types of activities are reported: governmental, business-type, and fiduciary type.
G. The issue of what resources should be reported in the financial statements of funds is a measurement focus concern.
H. According to the Governmental Accounting Standards Board, there are three fund categories and eleven fund types.
I. Under the accrual basis of accounting, revenues are recognized when they are both measureable and available to finance expenditures of the current period.
J. In Illinois, 25% of the 6.25% state sales tax is remitted back to cities, villages, and counties in Illinois.
Answers
The issue of what resources should be reported in the financial statements of funds is a measurement focus concern. The correct option is G.
The issue of what resources should be reported in the financial statements of funds is indeed a measurement focus concern. Measurement focus refers to the basis on which financial transactions and events are recognized, measured, and reported in financial statements.
It determines what elements are included and how they are quantified. In governmental accounting, there are two measurement focuses: the current financial resources focus and the economic resources focus. The choice of measurement focus affects which resources are reported in the financial statements of funds.
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Which of the following is not a life role category?
O Risk Taker
O Worker
O Family Member
O Learner
Answers
Risk Taker is not a life role category.
A life role is a set of expectations, behaviors and attitudes that a society assigns to a person based on their gender, age, social status, race or other factors. For example, in many cultures women are expected to be loving, nurturing and care-givers, while men are expected to be strong, provider-types.
Life roles help to define how we see ourselves and how we are seen by others. They can be a source of satisfaction and fulfilment, but they can also be a source of stress and frustration if they do not fit with our own personal aspirations and identity.
Hence, the correct option is "First".
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If the federal reserve increases the interest rate on bank deposits at the fed, banks will want to hold:.
Answers
Here is your answer:-
The Federal Reserve System is the central banking system of the United States of America. It was created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of financial panics led to the desire for central control of the monetary system in order to alleviate financial crises. Over the years, events such as the Great Depression in the 1930s and the Great Recession during the 2000s have led to the expansion of the roles and responsibilities of the Federal Reserve System.
1. What is a business plan?
Answers
Answer:
It's simple, what you want to do with your business. Or what your planning to do with it.
Write a scenario that will help you understand the following word or topic and show me that you understand their importance.
Criticism - is the practice of judging the merits and faults of something. Criticism as an
evaluative or corrective exercise can occur in any area of human life. In specific areas of
human endeavor, the form of criticism can be highly specialized and technical; it often requires professional knowledge to understand the criticism.
Answers
Criticism is the practice of judging the merits and faults of something. Criticism as an evaluative or corrective exercise can occur in any area of human life.
Write a scenario that will help you understand criticism?You are a film director and your latest film has just been released. You're excited to see what people think of your work, but when you read the reviews, you are met with a lot of criticism. Some reviewers claim the acting was lackluster, others say the plot was confusing, and a few even say that the special effects were underwhelming.
At first, you feel disheartened and defensive. But after some reflection, you realize that criticism can be a valuable tool for growth and improvement. You start to take the criticism seriously and use it to inform your future work. You work on improving your acting direction, make sure that your plots are clearer, and pay more attention to the special effects.
A year later, you release a new film and it is met with widespread praise. Critics call it a major improvement over your previous work and praise the acting, plot, and special effects. You realize that criticism is an important part of the creative process and can help you become a better filmmaker.
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Why is social service a more respectable job?
Answers
Answer:
they provide public services
Explanation:
What role does the mission statement play in the planning process? a. Sets company direction b. Guides day to day activities c. Sets purpose of business d. Links strategy and operations
Answers
The correct option is A. The role of the mission statement play in the planning process Sets the company's direction.
Commercial enterprise economics is an area in applied economics that makes use of monetary concepts and quantitative strategies to investigate business companies and the factors contributing to the range of organizational structures and the relationships of companies with labor, capital, and product markets.
Enterprise economics is a field of carried out economics that research the economic, organizational, market-related, and environmental troubles faced by businesses. commercial enterprise economics encompasses topics inclusive of the idea of scarcity, product factors, distribution, and intake. enterprise is likewise the efforts and activities of a person who is producing items or imparting offerings with the cause to sell them for earnings. commercial enterprise Definition. commercial enterprise refers to an enterprising entity or employer that contains professional sports. They can be business, commercial, or others.
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the question is in the picture, please help!!
Answers
Answer: At a trial in a U.S. District Court, witnesses give testimony and a judge or jury decides who is guilty or not guilty — or who is liable or not liable. The appellate courts do not retry cases or hear new evidence. They do not hear witnesses testify.
Explanation:
in one such delievery center parcels are placed in a sequence where the ith parcel has a weight of weight[i]
Answers
The center wants to know the heaviest parcel and its weight. In one such delievery center parcels are placed in a sequence where the ith parcel has a weight of weight
One approach to solve this problem is to use a linear search algorithm. We can loop through the weight array and compare each element with a variable that stores the maximum weight encountered so far. If the current element is greater than the maximum weight encountered so far, the variable is updated with the current element. At the end of the loop, the variable will contain the heaviest parcel weight.
Time complexity: O(n)
Space complexity: O(1)
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2. Charles owns a small business. His fixed costs are 1500 dollars. His total cost to sell 12 items is 1860 dollars. He will sell his product for 60 dollars each. How many items should he sell to break even?
Answers
Charles needs to sell 50 items to break even. the total variable cost per item and then divide the fixed costs by the contribution margin per item.
To determine the number of items Charles should sell to break even, we need to calculate the total variable cost per item and then divide the fixed costs by the contribution margin per item.
The contribution margin per item is the difference between the selling price per item and the variable cost per item. In this case, the selling price per item is $60. To find the variable cost per item, we subtract the fixed costs and divide by the number of items sold:
Variable Cost per Item = (Total Cost - Fixed Costs) / Number of Items
Variable Cost per Item = ($1860 - $1500) / 12 = $360 / 12 = $30
The contribution margin per item is therefore $60 - $30 = $30.
To break even, Charles needs to cover the fixed costs of $1500. We can calculate the break-even point as follows:
Break-Even Point (in units) = Fixed Costs / Contribution Margin per Item
Break-Even Point = $1500 / $30 = 50 items
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which of the following statements regarding the investment advisers act of 1940 and the adviser's brochure is correct? a) each client must receive the brochure no later than 48 hours after entering into the advisory contract. b) annual delivery of a summary of material changes relieves the adviser of the obligation to deliver a brochure. c) each client must receive the brochure no later than the entry into the advisory contract. d) advisers must deliver the brochure to clients for whom they offer impersonal advisory service only when the annual charge does not reach $500.
Answers
Each client must receive the brochure no later than the entering into the advisory contract.
When must a current investment adviser client receive an updated brochure?According to the brochure rule, new clients must receive the necessary information at least 48 hours before signing an advice contract. Advisors must annually distribute a new brochure to their current clients. The failure to deliver the brochure is seen as fraudulent activity.
What main objective did the Investment Advisers Act of 1940 serve?The Investment Advisers Act (IAA) was created in 1940 to regulate persons who, in exchange for payment, offer investment advice to individuals, pension funds, and organizations.
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Cakes by Dominic
Dominic has been helping his grandmother run a small-scale business
from her home making celebration cakes for special occasions such as
birthdays and weddings. She helped him develop his cake-making skills
which he further improved by completing a catering course at a local
college.
His grandmother wants to retire and let Dominic take over the business
as Dominic has always wanted to become an entrepreneur. He is very
passionate about what he does and is grateful to her as there are very few
job opportunities in the area. He has recently inherited a large sum of money from another relative
and wants to expand the business by setting up a small cake shop in his local town centre which
is busy with local trade. Apart from a small local bakery, there is no other competition in the area
that specialises in celebration cakes. Dominic is very optimistic about the future success of the
business and hopes that his initial investment will give a good return.
Outline two motives Dominic might have for wanting to become an entrepreneur.
[4]
Answers
Answer:
One motive that Dominic might have was that he has always wanted to become an entrepreneur and his grandmother wants him to take over the shop for her since his cake-making skills had very much improved since he started. And another motive Dominic had was that there was not a lot of jobs open for him in the area, so he was glad to help.
Explanation:
What is effective about the body (paragraphs 2 and 3) of the previous message?
Answers
Answer:
whats the previous message