OLDM Copaon ss a single product to $15 per un even point und sales wa 29.400 - 112000 -8.000 N MAG yumur 2 points Save A company's sales revenue was $225.000 and its net operating income was $18,000 f fixed expenses totaled $72,000 for the year,

Answers

Answer 1

OLDM Copaon is a single product to $15 per unit even point, and sales were 29.400 - 112000 -8.000 N MAG yumur 2 points Save A company's sales revenue was $225.000 hence approximately $74,011 of sales revenue are required to cover fixed costs and produce $18,000 of net income.

Calculation of the break-even point:-

Selling Price per unit = $15  Variable Cost per unit = $0.40

Contribution Margin = Selling Price - Variable Cost

Contribution Margin per unit = $15 - $0.40 = $14.6

Contribution Margin Ratio = Contribution Margin / Selling Price * 100= 14.6 / 15 * 100= 97.3% Fixed Costs = $72,000 Break-even point (units) = Fixed Costs / Contribution Margin per unit= $72,000 / $14.6 per unit= 4,931.50 units, which is rounded to 4,932 units.

In order to cover fixed expenses and earn net income, the company must sell 15,000 units.Net Income = $18,000Break-even point (sales dollars) = Fixed Costs / Contribution Margin Ratio= $72,000 / 97.3% = $74,010.55.

To cover fixed expenditures and generate $18,000 in net income, sales revenue of about $74,011 is needed.

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Related Questions

Assignment 6S (15 points) Assignment Overview This is a three-part assignment. In Part I, you'll check your work from Section 6. In Part II, you'll add on to your Section 6 project. In Part III, you'll zip and submit your files to your instructor. Part I: Check Your Work Follow these steps to check your work from Section 6. 1. Make sure your cover letter meets the criteria in the Cover_Letter Grading Rubric below, and then save your work. Cover_Letter Grading Rubric Points possible Points earned The cover letter is single spaced. 0.5 The cover letter has a heading. The heading includes the date, your name, the example address and phone number, the example phone number, your e-mail address, the name Jacob Reyes, and Jacob Reyes' example address. 1.0 The cover letter has a greeting that says Dear Mr. Reyes:. 0.5 The introduction has a sentence that tells Mr. Reyes that you are applying for the intern position and you heard about it on monster.com. 1.0 The introduction lists two reasons why you'd be a good fit for the position. 1.0 The first and second sentence of the first and second body paragraphs each explain a reason why you'd be a good fit for the position. 1.0 The closing summarizes the information in the body, lets the person reading the letter know you'd like to interview for the job, a

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The  steps a person can use when writing a cover letter are:

HeadingSalutationIntroductionBodyClosing statement SignatureProofread

What is the Cover Letter?

In terms of Heading, one must include contact information for yourself and the employer. Introduce yourself and state the position you're applying for in the first paragraph. Express enthusiasm for the job and briefly state how you learned about it.

Then, in the second and third paragraphs, detail your qualifications and experience. Highlight skills and achievements that fit the job. Use examples to show abilities and relate to position requirements. In closing, summarize your interest and qualifications for the position. Thank the employer and offer to provide additional information or schedule an interview. End with a formal closing and signature.

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c. if the factory overhead account has a credit balance at the end of the first month of the fiscal year, where will the amount of this balance be reported on the interim balance sheet?

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The amount of this balance will be reported on Deferred Credit in the interim balance sheet.

Money which is received by a business but is not immediately recorded as income as it is yet to be earned is known as deferred credit. When a customer has paid for a good or service, revenues can only be recognised as earned under the accrual accounting method when the good or service has been supplied and the earnings can be matched with an associated expense.

On the balance sheet, deferred credit is shown as a liability. This includes consultancy fees, subscription fees, and any additional revenue stream that is closely connected to future commitments.

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Ost of assets acquired in one accounting period and expensed in a future accounting period are?

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Assets acquired in one accounting period but expensed in a future accounting period are referred to as prepaid expenses or deferred charges.

Prepaid expenses are considered assets because they represent future economic benefits that the company has already paid for. They arise when a company makes payments for goods or services that will be used or consumed in future accounting periods.

These expenses are initially recorded as assets on the balance sheet and are recognized as expenses over the periods in which they provide benefits.

Examples of prepaid expenses include prepaid rent, prepaid insurance, prepaid advertising, and prepaid subscriptions. When these expenses are incurred, they are initially recorded as assets on the balance sheet and then gradually recognized as expenses over the periods to which they relate, typically through an adjusting entry at the end of each accounting period.

The recognition of prepaid expenses in future accounting periods ensures that the expenses are matched with the revenues or benefits they generate. This adherence to the matching principle of accounting helps present a more accurate financial picture by distributing expenses over the periods in which they are incurred, rather than recognizing them all in the period of payment.

In summary, assets acquired in one accounting period but expensed in a future accounting period are known as prepaid expenses or deferred charges, representing future economic benefits paid for in advance.

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Suppose the price elasticity of demand for heating oil is 0.1 in the short run and 0.9 in the long run. if the price of heating oil rises from $1.20 to $1.80 per gallon, the quantity of heating oil demanded will by % in the short run and by % in the long run. the change is in the long run because people can respond easily to the change in the price of heating oil.

Answers

Answer:

The answer is given below

Explanation:

a) In the short run, the price elasticity of demand for heating oil is 0.1. Using midpoint method, the price elasticity of demand (Ed) is given as:

\(E_d=\frac{\% \ change \ in\ quantity}{\% \ change \ in\ price} =\frac{\%\Delta Q}{\%\Delta P} \\But \ \%\Delta Q=\frac{Q_2-Q_1}{(Q_2+Q_1)/2} \ and \ \ \%\Delta P=\frac{P_2-P_1}{(P_2+P_1)/2} \\Given\ P_1=\$1.2 ,P_2=\$1.8\\\%\Delta P=\frac{P_2-P_1}{(P_2+P_1)/2} *100\%=\frac{1.8-1.2}{(1.8+1.2)/2} *100\%=40%\\\\E_d=\frac{\%\Delta Q}{\%\Delta P}\\0.1=\frac{\%\Delta Q}{40\%}\\\%\Delta Q=0.1*40\%=4\%\\\%\Delta Q=4\%\)

b) In the long run, the price elasticity of demand for heating oil is 0.1. Using midpoint method, the price elasticity of demand (Ed) is given as:

\(E_d=\frac{\% \ change \ in\ quantity}{\% \ change \ in\ price} =\frac{\%\Delta Q}{\%\Delta P} \\But \ \%\Delta Q=\frac{Q_2-Q_1}{(Q_2+Q_1)/2} \ and \ \ \%\Delta P=\frac{P_2-P_1}{(P_2+P_1)/2} \\Given\ P_1=\$1.2 ,P_2=\$1.8\\\%\Delta P=\frac{P_2-P_1}{(P_2+P_1)/2} *100\%=\frac{1.8-1.2}{(1.8+1.2)/2} *100\%=40\%\\E_d=\frac{\%\Delta Q}{\%\Delta P}\\0.9=\frac{\%\Delta Q}{40\%}\\\%\Delta Q=0.9*40\%=36\%\\\%\Delta Q=36\%\)

the quantity of heating oil demanded will by 4% in the short run and by 36% in the long run. the change is 36% in the long run because people can respond easily to the change in the price of heating oil.

Refer to the following documents found in Course Documents to help you with this assignment:
Format for the Walmart Research Paper
Walmart Proforma Income Excel Spreadsheet
Walmart Ratio Solutions 2017 LAPM (Use this as a guide.)
In this assignment, you will be assessed based on the following Outcomes:
MT482-6: Determine the value of a company through conducting effective earnings forecasts and analysis.
GEL-1.02: Demonstrate college-level communication through the composition of original materials in Standard English.
This is a challenging activity. You should prepare to spend substantial time working on your response.
In this research paper, you will dig deep into the financial statements of Walmart. You will analyze the company’s past financial performance to help you forecast their future business, profitability, and cash flow. You will use these results to forecast the value of the company, what you think the company is actually worth today. You will compare your value to the current stock price, explaining any differences.
This is how decisions to buy and sell stock, and to buy and sell companies are made every day all over the world. The nightly business news is full of the "buy, sell, and hold" recommendations derived from analysis like this. I bet those jobs pay very nicely, don’t you!
Your paper must include the following criteria in addition to a title and references page:
Executive Summary: This is a 1-page summary of the entire paper that highlights the key results of your analysis and the resulting conclusions, and a summary of their defense.
Table of Contents: List of the sections in your paper.
Introduction: The company’s story- past, present, future. Include who they are (include current events and interesting facts), what they do (products), when they began (how long), and where they do business. Discuss the markets they operate in globally, the current market trends, and their competitors. (This should be at least 2-pages, likely more.)
Financial History: (3-year analysis of the company’s performance. Your report will include the ratio results plus an explanation and analysis of each ratio. Include the ratio, its results, and what the results mean for the company. (Liquidity and Debt, Asset Management, Profitability, and Market ratios. See ratio detail below.) Were there changes in the ratios? What could have caused the change? You must include an evaluation section of what each type of (LAPM) ratio means over the three years, then an overall comparison to validate your conclusion. (Show you understand and know the ratios.)
Financials Today: Current year with comparison to a competitor. What are they doing? How are they doing now? Add current events and focus on the current financials. Include an evaluation for each type of (LAPM) ratio for the current year, then an overall comparison to validate your conclusion. Include your findings for your competitor.
Financial Future: The story behind your analysis of your forecast of the future based on your spreadsheet. Why did you choose the specific growth rates? What impact did they have on the value of Walmart? Use the Walmart Proforma Income Excel spreadsheet located in Course Documents.
Conclusion: Your recommendation with justification of how much Walmart is worth. How much do you forecast each share to be worth? Defend your choice.

Answers

Walmart Inc. is one of the largest and most profitable retail companies in the world. As of 2019, the company has a market capitalization of over 340 billion, with annual revenues of more than 500 billion.

This research paper aims to analyze Walmart's financial performance over the last three years and forecast the company's future business, profitability, and cash flow to determine its current value and stock price.

In the introduction section, we will discuss the company's history, products, global market, current market trends, and competitors. The financial history section will analyze Walmart's three-year performance in terms of liquidity and debt, asset management, profitability, and market ratios. The financials today section will provide a current year comparison with a competitor, along with current events and a focus on the current financials.

The financial future section will forecast the company's future based on the Walmart Proforma Income Excel spreadsheet. Finally, the conclusion will provide our recommendation with justification of how much Walmart is worth and how much each share is forecasted to be worth. The paper will also include an executive summary and a table of contents.

The ratio detail for the paper will include liquidity and debt ratios such as current ratio and debt-to-equity ratio, asset management ratios such as inventory turnover and total asset turnover, profitability ratios such as gross profit margin and net profit margin, and market ratios such as price-earnings ratio and dividend yield ratio. The paper will be structured in a professional and easy-to-understand manner, with each section clearly explaining the analysis and findings.

In conclusion, this paper will provide a detailed and well-supported analysis of Walmart's financial performance, which can be used to make informed investment decisions.

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Companies that want to grow often Multiple Choice tap into international markets. remain in the local market. invest in social capital. reduce their social capital. offer lower prices.

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Companies that want to grow often tap into the international market.

What is the international market strategy

This is a strategy that lots of companies use to tap into the foreign market and also market their products in these places.

The international market is a global market. Lots of companies may seek to expand by going into the markets and getting new customers.

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Which of the following are clichés?

Which of the following are clichs?

Answers

Answer:

2nd scentence

Explanation:

Pass with flying colors
Quick as a flash
Easier said than done
First and foremost

Company: AstraZeneca
what are the company's Core values?
what is the Company's Vision, Mission?
In-depth and detailed answer please

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AstraZeneca's Core values include putting patients first, being courageous, pushing boundaries, and delivering results.

Vision: AstraZeneca aims to be a global leader in the healthcare industry, focusing on providing innovative solutions and improving patients' lives.

Mission: AstraZeneca's mission is to discover, develop, and deliver innovative medicines and healthcare solutions that address significant unmet medical needs, transforming the lives of patients worldwide.

AstraZeneca, a multinational pharmaceutical company, has established core values that guide its actions and decisions:

1. patients first: AstraZeneca places patients' well-being and needs at the forefront, ensuring that their health and quality of life are prioritized throughout the company's activities.

2. Being courageous: AstraZeneca encourages a culture of courage, where employees are empowered to take risks, challenge norms, and explore new possibilities to drive innovation and make a positive impact.

3. Pushing boundaries: AstraZeneca embraces a spirit of continuous improvement and innovation. The company actively seeks to push the boundaries of scientific knowledge, technology, and medical advancements to address unmet medical needs and improve patient outcomes.

4. Delivering results: AstraZeneca is committed to delivering tangible results, both in terms of scientific breakthroughs and business  performance. The company strives to achieve measurable outcomes that positively impact patients, healthcare providers, and stakeholders.

AstraZeneca's vision reflects its aspiration to be a global leader in the healthcare industry. By leveraging its expertise, resources, and scientific advancements, AstraZeneca aims to make a significant difference in improving patients' lives worldwide. The vision emphasizes the importance of innovation, collaboration, and transformative healthcare solutions.

The mission of AstraZeneca revolves around discovering, developing, and delivering innovative medicines and healthcare solutions. By focusing on significant unmet medical needs, AstraZeneca aims to address health challenges and transform the lives of patients around the globe. This mission underscores the company's commitment to scientific excellence, patient-centricity, and societal impact.

Together, AstraZeneca's core values, vision, and mission shape the company's strategic direction and guide its efforts to develop life-changing medicines, drive innovation, and contribute to the betterment of global healthcare.

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A producer is someone who _____________. A. Makes a commodity available for sale or exchange B. Buys or trades in order to receive a commodity C. Is in the market for a commodity D. Receives a commodity from a business

Answers

Answer:

The correct answer is C because the producer creates products so they can sell it to other countries or places.

Explanation:

Answer:

A Makes a commodity available for sale or exchange

Explanation:

correct on edge

Which job would offer the best annual income considering the cost of living in each locale? Job 2 is a better choice because the annual income after rent and utilities is $59,700 but that of job 1 is $55,575. Job 2 is a better choice because the annual income after rent and utilities is $45,400 but the income for job 1 is $41,900. Job 1 is a better choice because it costs $4,500 less per year to live there. The jobs have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale.

Answers

The job that would offer the best annual income considering the cost of living in each locale is the jobs have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale.

Be it Job 1 or Job 2, the offered jobs both offer the  similar $45,400 in annual income after other expenses. This suggests that Caitlin must choose her job based on the preferences of her closest locality in order for her commute to be convenient.

This is due to the fact that choosing a job location that is further away would not increase her income, making the decision illogical. Therefore, getting a job that have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale is a good offer.

The question is incomplete, complete question will be "Caitlin has finished her schooling and training to be a dental hygienist. She has two job offers that she is considering. Caitlin’s Job Offer Comparison Job 1: Albuquerque, NM Job 2: Ann-Arbor, MI Salary $54,000 $61,000 Benefits $2,500 bonuses, health insurance, 401K Health insurance, 401K Average Monthly Rent & Utilities $925 $1,300 Which job would offer the best annual income considering the cost of living in each locale? Job 2 is a better choice because the annual income after rent and utilities is $59,700 but that of job 1 is $55,575. Job 2 is a better choice because the annual income after rent and utilities is $45,400 but the income for job 1 is $41,900. Job 1 is a better choice because it costs $4,500 less per year to live there. The jobs have equal annual incomes of $45,400 after rent and utilities so Caitlin should take the job in her favorite locale."

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the value of 4 + -3 take away negative 7 is ​

Answers

Answer:

-6

Explanation:

1-7 =-6

Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN

Answers

I’m pretty sure the answer is option C

what ammendment isthisSixteen-year old Ryan is the captain of the football team. Before the Friday night game, he and his teammates are required to submit to a drug test. Ryan’s test shows traces of marijuana. He is not allowed to participate in the game and he is suspended from school.

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the fourth amendment constitutes this.

primary demand is defined as group of answer choices demand for a particular brand. stimulating demand for any products. demand for a product category. consumer awareness of a product category. demand for a new produ

Answers

Primary demand is the demand for a product category, driven by consumer awareness. It encompasses the total demand for all brands within the category and can be stimulated by marketing activities and new product introductions.

Primary demand is defined as the demand for a product category. It is also referred to as general demand. This type of demand is driven by consumer awareness of a product category rather than demand for a particular brand. Primary demand is the total demand for all brands within a product category. This demand can be stimulated by various marketing activities, such as advertising, promotion, and pricing strategies.

When consumers become aware of a product category and its benefits, they are more likely to demand products within that category. This can lead to increased sales for all brands within the category, as consumers are more likely to consider multiple brands and products within the category rather than just one specific brand or product. Primary demand can also be influenced by new product introductions, as they can create excitement and interest in a product category.

The introduction of a new product can stimulate demand for the entire category, as consumers become aware of the category and its benefits.

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the two reasons for the increased investment in sports sponsorships are 1) sponsors recognize the increased interest people have in sports and 2) companies view sponsorships as a means of breaking through ad clutter in traditional media. true or false

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The two reasons for the increased investment in sports sponsorships are 1) sponsors recognize the increased interest people have in sports and 2) companies view sponsorships as a means of breaking through ad clutter in traditional media.

Sports sponsorships are a type of marketing strategy in which a company financially supports a sports team or athlete in return for exposure of the company's brand or products. Companies invest in sports sponsorships for several reasons, including the following:

The two reasons for the increased investment in sports sponsorships are:

1) Sponsors recognize the increased interest people have in sports.

2) Companies view sponsorships as a means of breaking through ad clutter in traditional media.

The first reason for the increased investment in sports sponsorships is that sponsors recognize the increased interest people have in sports. Due to the increased interest in sports, more people watch games and buy merchandise with team logos. Sponsors are aware of this and look for ways to get their brand in front of these fans.

This is where sports sponsorships come in handy as it allows sponsors to build a relationship with fans and get their products in front of them. The second reason for the increased investment in sports sponsorships is that companies view sponsorships as a means of breaking through ad clutter in traditional media.

Traditional media channels such as TV and radio are filled with advertisements, making it harder for companies to get their message across. By investing in sports sponsorships, companies can bypass this clutter and get their message in front of fans in a more effective way.

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A bank will not require security in the form of collateral as a guarantee the loan will be repaid.


True

False

Answers

the answer is so true

Sometimes a liquid can be sitting there and its molecules will become a gas. That’s called
___________________________________________.

Answers

Answer:

Una vez que toda la sustancia está en estado líquido, al continuar calentando vuelve a subir la temperatura y llega un momento en que las fuerzas intermoleculares ya son incapaces de mantener juntas las moléculas del líquido, por lo que éste hierve y se convierte en un gas, se produce la ebullición.

Last year Gray Corp. Had net sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's total-debt-to-total-capital ratio was 45. 0%. The firm uses only debt and common equity as financing. Based on the DuPont equation, what was the ROE?

Answers

Based on the DuPont equation, the ROE for  Gray Corp. is 13.82%, given net sales of $325,000 and a net income of $19,000, and year-end assets of $250,000.

According to the DuPont formula, return on equity (ROE) is the same as profit margin times asset turnover times financial leverage. According to DuPont analysis, return on equity is determined by multiplying the profit margin by the asset turnover rate by the financial leverage.

Total debt to total capital ratio = 45%

Total Debt / Total Assets = 0.45

Total Debt / $250,000 = 0.45

Total Debt = 0.45* $250,000

Total Debt = $112,500

Total Capital = Total Assets – Total Debt

Total Capital = $250,000 - $112,500

Total Capital = $137,500

ROE = Net Income / Total Capital

ROE = $19,000 / $137,500

ROE = 13.82%

Hence, the ROE for Gray Corp. is 13.82%.

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30. In country A, the goverment increase its expenditures by NIS 200 million . if the MPS is equal to 0.5, the govermment's action (a) Increases; NIS 400 miltion. (c) Increase; NIS200 malhom, (b) Decreases; NIS 400 mithon. (d) Has no efiect on, 1180 . 31. Automatjc stabilizers are designed to: (a) Promote global trade. (c) Moderate changes in disprosable imoome (b) Simplify the tax system. (d) Stabulize the kiprartion bradiget perockss. 32. A recession begins in Jamuary but government policy mabars do XCT reach an agres ment/decision that a recession had in fact begun until June. This is am example of a a ) (a) Recognition time lag. (c) Dffect time lag. (b) Action time lag. (d) Quick time lag.

Answers

30) (a) The government's action increases by NIS 400 million.

31) (a) Automatic stabilizers moderate changes in disposable income.

32) (a) The example of a recognition time lag.

30) When the government increases its expenditures by NIS 200 million and the marginal propensity to consume (MPS) is 0.5, the total increase in aggregate demand will be twice the amount of the government expenditure. Therefore, the government's action will increase aggregate demand by NIS 400 million.

31) Automatic stabilizers are policies or features of the economy that help stabilize fluctuations in income and spending without requiring explicit government action. Examples include progressive income taxes, unemployment benefits, and welfare programs. These stabilizers automatically adjust based on economic conditions, providing support during economic downturns and moderating changes in disposable income to mitigate the impact of economic fluctuations.

32) A recognition time lag refers to the delay in identifying or recognizing the occurrence of an economic event, such as a recession. In the given scenario, the recession began in January but the government did not reach an agreement or decision acknowledging the recession until June. This delay in recognizing the recession is an example of a recognition time lag, which can impact the timing and effectiveness of policy responses to address the economic situation.

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You invest $500 in a fund that has shown to have a mean annual increase of $120 per year. If you leave your initial
investment in the account, and invest no additional funds, how much will your account be worth at the end of 25 years?

a) $1,200
b) $2,500
c) $3,500
d) $3,800

Answers

It is letter C because 120x25=3000+500=3,500

The  investment of  $500 in a fund, the account at the end of 25 years would be $3,500. The appropriate response is option C.

What is investment?

A purchase made with the intention of creating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person makes an investment, they do not intend to utilize the product immediately; instead, they intend to use it to build wealth in the future.

Stocks, bonds, and cash equivalents are the three main categories into which investments are often divided. Within each category, there are several distinct kinds of investments.

The  investment of  $500 in a fund, the account at the end of 25 years-

120x25=3000+500=3,500

Hence, option C is an appropriate response.

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nike was looking for more than just star athletes to sponsor, what other quality did they think would resonate with customers?

Answers

For a company like Nike, which is all about sports and fitness, they discovered an opportunity with non-athlete movie stars.

Nike ads are displayed more credible to consumers due to a seemingly endless stream of influencer marketing, as people tend to listen to testimonials from superstars like Michael Jordan, LeBron James, and Tiger Woods more than those from unknown actors. Actually supporting Nike products and wearing Nike clothing contributes to elevating the brand's image.

Nike, in moreover to paid advertising and sponsorships, supports local organizations in order to personalize the marketing strategy. Although the company does not sponsor independent sports teams, it does contribute products to non-profit and organisations all over the world. This enables them to make an impact in affected residents while also building strong customer relationships, thereby increasing the probability that they will choose Nike the next time they make a purchasing decision.

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Which of the following would normally be banking book assets rather than trading book assets?
A. Capital
B. Short position in bonds
C. FX forward contracts
D. Long-term loans
E. Options on interest rates

Answers

Long-term loans and capital would normally be considered banking book assets rather than trading book assets. Banking book assets are assets that are held by banks for the purpose of generating long-term income, such as loans that are held to maturity or investments in fixed-income securities.

These assets are typically held on the bank's balance sheet at their historical cost and are subject to prudential regulations and risk management practices.

In contrast, trading book assets are held by banks for the purpose of generating short-term profits from market movements, such as derivatives and securities that are actively traded. These assets are marked-to-market and are subject to market risk and volatility.

Short positions in bonds, FX forward contracts, and options on interest rates are typically considered trading book assets, as they are used for short-term trading purposes and are subject to market risk.

However, this may depend on the specific circumstances and the bank's internal policies and risk management practices.

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explain four functions money must be able to preform

Answers

Explanation:

1for shelter, without money you cannot buy food stuff etc

2for clothing, without money no you cannot buy clothes

3for house rents 4 hospital fees

in conclusion money function s everything's with it their no function

medium of exchange

measure of value

a store of value

if a company wants to determine a product's cost, it must assign both direct and indirect costs. T/F?

Answers

The given statement if a company wants to determine a product's cost, it must assign both direct and indirect costs is True.

True. In order for a company to accurately determine the cost of a product, it must take into account both direct and indirect costs. Direct costs are those that can be directly attributed to the production of a specific product or service.

Examples of direct costs include the cost of raw materials, labor, and packaging. Indirect costs, on the other hand, are those that cannot be easily traced to a specific product or service, such as rent, utilities, and advertising expenses.

To determine the cost of a product, a company must first calculate its total direct costs by adding up all the costs associated with producing the product.

It must then allocate a portion of the indirect costs to the product based on factors such as the amount of time and resources it takes to produce the product.

By accurately determining the cost of a product, a company can make informed decisions about pricing and profitability. It can also identify areas where costs can be reduced to increase profitability.

Therefore, it is crucial for a company to assign both direct and indirect costs when determining the cost of a product.

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If the product or service you sell is taxable, you must obtain is ———— A. A sales tax permit B. An employer identification number C. A business checking account D. Business cards

Answers

Answer:

The answer I prefer is

Explanation:

An employer identification number.

Hope this helps....

Have a nice day!!!!

Which conclusion does this graph most support?
Product A
100
75
Demand
Product B
50
25
0
$10
$20
$25
$15
Price
O A. Demand for product A is more inelastic than demand for product
B.
B. The price for product A is closer to its equilibrium price.
C. Demand for product A is more elastic than demand for product B.
D. The price for product B is closer to its equilibrium price.

Which conclusion does this graph most support?Product A10075DemandProduct B50250$10$20$25$15PriceO A.

Answers

Demand for product A is more elastic than demand for product B is the conclusion does this graph most support. Hence, option A is correct.

What is elasticity of demand?

A demand that is elastic experiences a significant shift in quantity demanded as a result of a price adjustment. When the amount sought changes little as a result of a price adjustment, the demand is said to be inelastic.

Example if the price of the tea change, the consumption of the tea remains the same or little less.

Thus, option A is correct.

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Please help me to answer any of these questions! Thank you!

Please help me to answer any of these questions! Thank you!

Answers

The relationship between age and credit scores appears to be negative, meaning that as age increases, credit scores tend to decrease. This could be because younger people have less credit history and fewer opportunities to establish credit, while older people may have more debt or negative marks on their credit report due to past financial decisions. Other factors that could help explain this relationship include income level, employment status, and financial education.

What is the relationship between age and credit scores?

Generally, One possible reason for the rise in the percentage of people with scores of 620 or less in the 30-39 age group could be that this is a time in life when people are more likely to take on significant debt, such as a mortgage or car loan, while also juggling other financial responsibilities like childcare and saving for retirement. This can lead to higher credit utilization rates and a higher risk of missed or late payments, which can lower credit scores.

Despite some variation in credit scores across age groups, the data from the graph suggests that people from all age groups have room for improvement when it comes to credit management. For example, even among the 50 and older age group, where the percentage of people with scores of 620 or less is relatively low, more than a quarter of people still have scores that fall into this range. This highlights the importance of ongoing financial education and responsible credit management practices for people of all ages.

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Please help me due in 15 minutes

Please help me due in 15 minutes

Answers

Answer:Your Answer would be C

Explanation:

Your Welcome :D

Your friends' credit scores are 560, 675, 710, 590, and 640. Your credit score is 680. What is the difference between the average credit score of your friends and your credit score?

Answers

Answer:

mine is higher by 45 points

Explanation:

Average score is the total score divided by number of entries

Average credit score = 560 +  675 + 710 + 590 +640 / 5

=3175/5

=635

friends average credit score = 635

My credit score =680.

the difference = 680-635=45 credit points

my credit score is better by 45 points

what is the difference between a charge card and a credit card

Answers

The main difference between a charge card and a credit card is their payment structure and credit limits.  The difference between a charge card and a credit card is that charge cards require full payment each month, have no preset spending limit, and may offer additional perks, while credit cards allow you to carry a balance with interest, have a credit limit, and may focus more on rewards and incentives.

A charge card requires you to pay your balance in full at the end of each billing cycle, whereas a credit card allows you to carry a balance over from month to month while paying interest on the remaining amount. This means that charge cards don't have a preset spending limit, but credit cards do.

With a charge card, since you must pay off the balance each month, there is no interest rate, while credit cards charge interest on any unpaid balance. Credit cards typically have a credit limit, which is the maximum amount you can spend without incurring penalties, whereas charge cards do not have a specific limit, but your spending ability may still be limited based on your payment history and financial situation.

Furthermore, charge cards may have an annual fee, while credit cards may or may not have one. Credit cards also offer rewards and incentives like cashback, points, or miles, while charge cards may offer similar rewards, but often focus more on additional perks like travel benefits and insurance.

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