The Contribution Margin per unit is $8, the Contribution Margin Ratio is 40%, and the Break-even point in units is 12,500 units.
Budgeted Sales = 15,000 units Selling Price = $20 per unit Fixed Expenses = $100,000 Variable Expenses = $12 per unit. Contribution Margin per unit = Selling Price per unit - Variable Cost per unit= $20 - $12= $8 per unit. Contribution Margin Ratio = Contribution Margin / Sales= $8 per unit * 15,000 units / $300,000= 0.40 or 40%. Break-even point in units = Fixed Expenses / Contribution Margin per unit= $100,000 / $8 per unit= 12,500 units. Therefore, the Contribution Margin per unit is $8, the Contribution Margin Ratio is 40%, and the Break-even point in units is 12,500 units.
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Place each of the following labels in the proper position on the curve where each of the indicated items would occur.
The questions seeks to test the students knowledge about bio-electrical impulses. See the correct arrangement of items according to the position on the curve where each event would occur.
What is the right arrangement from the information given?Section A:
1. Sodium ions depolarize the membrane at the axon hillock when they arrive there.
2. The membrane's potential is becoming less negative.
Section B:
1. Voltage-gated Na+ channels open quickly at threshold.
2. Threshold
3. -55 mV, , and
4. The inflow of sodium is higher than at resting membrane potential or at any other time.
Section C
1. Potassium voltage-gated channels open
Section D:
1: Hyperpolarization
Section E:
1. Resting membrane potential
2. -70 mV
What are bioelectrical impulses?Bioelectrical signals, which can be measured from biological beings like humans, have very low amplitudes and low frequencies.
The complex self-regulatory system produces bioelectrical signals, which can be detected by observing changes in electrical potential within a cell or organ.
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Ch 16 MW Swed Help Save & Et Submit 3 Norsk Optronics, ALS, of Bergen, Norway, had a current ratio of 2 on June 30 of the current year On that date, the company's assets were: 2 points Canh Accounts receivable, bet Inventory Prepaid expenses Plant and equipment, et Total sust 5 66,000 380.000 940,000 9.000 1,260.000 $ 2,955,000 OSOT Required: 1 What was the company's working capital on June 302 2. What was the company's acid-test ratio on June 307 (Round your answer to 2 decimal places.) 3. The company paid an account payable of $47.000 immediately after June 30, a. What effect did this transaction have on working capital? b. What effect did this transaction have on the current ratio? (Round your intermediate calculations to 1 decimal place.) Ask 1. Working capital 2. Acid-test ratio 30 Effect on working capital 36. Effect on current ratio
The company's working capital on June 30 was $1,415,000, The company's acid-test ratio on June 30 was 1.25 ,The payment of the account payable of $47,000 decreased the working capital by $47,000, The payment of the account payable had no effect on the current ratio.
To calculate the working capital, we subtract the current liabilities from the current assets. In this case, the current assets given are accounts receivable ($66,000), inventory ($380,000), prepaid expenses ($9,000), and plant and equipment ($940,000), totaling $1,395,000. The current liabilities are not provided, so we cannot calculate the exact working capital.
The acid-test ratio, also known as the quick ratio, measures the company's ability to pay off its current liabilities without relying on inventory. It is calculated by dividing the sum of cash, accounts receivable, and prepaid expenses by the current liabilities. Since cash is not provided, we can only use accounts receivable ($66,000) and prepaid expenses ($9,000). Without knowing the current liabilities, we cannot calculate the exact acid-test ratio.
The payment of the account payable of $47,000 reduces the working capital by the same amount, as it is a reduction in the current liabilities.
Since we don't have the current liabilities, we cannot determine the exact effect of the payment on the current ratio. However, assuming that the payment of $47,000 is deducted from the current liabilities, it would decrease both the current assets and current liabilities by the same amount, resulting in no change in the current ratio.
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A budget is prepared as part of a(n) _____ plan.
Answer:
Financial
Explanation:
Answer:
A budget is part of a financial plan.
Explanation:
Financial work is anything having to do with money, and a budget is a plan for spending money. Therefore, budgets are part of a finance plan!!
1) Libscomb Technologies' annual sales are $6,010,417 and all sales are made on credit, it purchases $4,061,906 of materials each year (and this is its cost of goods sold). Libscomb also has $535,434 of inventory, $572,597 of accounts receivable, and $493,132 of accounts payable. Assume a 365 day year. What is Libscomb’s Inventory Turnover?
The Inventory Turnover of Lipscomb Technologies is 15.17.
Hence, Let's find the Average Inventory:
Average Inventory=Beginning Inventory+Ending Inventory/2
Given, Beginning Inventory=0,
Inventory= $535,434 and Cost of Goods Sold=$4,061,906
Inventory Turnover=Cost of goods sold/Average Inventory
Inventory Turnover= $4,061,906/($0+$535,434)/2
Inventory Turnover= $4,061,906/($535,434/2)
Inventory Turnover= $4,061,906/ $267,717Inventory Turnover= 15.17
So, the Inventory Turnover of Lipscomb Technologies is 15.17.
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How do companies regulate trade?
Answer:
Explanation: Protective tariffs, import quotas, trade embargoes, and voluntarily restrained exports are the four primary categories. The protective tariff, which is a levy on imported goods, is the most prevalent kind of trade barrier. Tariffs are used by nations to increase income and shield home sectors against international imports that are more affordable.
how would you align human resource plans in a project portfolio to an organization's strategic objectives?
Comprehend the business strategy; evaluate the existing situation;
Plan and implement the HR strategy; these are the some of the align HR in organizational strategic plan.
How do you align the HR plan to the organizational strategic plan?A company's long-term plan for how it will deploy its resources to support commercial operations is called an organizational strategy. It offers direction on how a business might accomplish its goals. These tactics are used by businesses to fulfill their objectives and create strategic plans.
Achieving the organization's objective depends on properly integrating the HR strategy with the business strategy.
Alignment connects strategy and execution through communication. In order to align strategies, HR must:
Comprehend the business strategy;
evaluate the existing situation;
Plan and implement the HR strategy;
Measure and evaluate results;
Make any necessary adjustments.
You may define priorities and give your company direction by developing an organizational plan. It outlines your definition of success and prioritizes the kinds of actions necessary to turn that definition into reality.
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Suppose a hypothetical corporation is in the very late maturity stage of its industry life cycle. A decline of growth in sales & earnings is forecasted soon. Current annual DPS is $4.50. This DPS is expected to grow 6.0% per year for the next 4 years, followed by 3.0% per year growth forever. Rate of return stockholders require is 8.0%. Determine this stock’s intrinsic value (P0). Show all formulas & calculations. [HINT: use the 2-stage growth model.]
The intrinsic value (P0) of the stock using the two-stage growth model is calculated to be $155.81. This value takes into account the forecasted growth rates, dividends, and the required rate of return.
To calculate the intrinsic value (P0) of the stock using the two-stage growth model, we need to follow these steps:
Calculate the present value of the dividends during the high growth phase (first four years):
P1 = DPS * (1 + g1) / (r - g1)
P1 = $4.50 * (1 + 0.06) / (0.08 - 0.06)
P1 = $4.50 * 1.06 / 0.02
P1 = $4.50 * 53 / 2
P1 = $119.25
Calculate the present value of the dividends during the stable growth phase (after four years):
P2 = DPS * (1 + g2) / (r - g2)
P2 = $4.50 * (1 + 0.03) / (0.08 - 0.03)
P2 = $4.50 * 1.03 / 0.05
P2 = $4.50 * 103 / 5
P2 = $92.70
Calculate the present value of the stock at time zero (intrinsic value):
P0 = P1 / (1 + r)^4 + P2 / (1 + r)^4
P0 = $119.25 / (1 + 0.08)^4 + $92.70 / (1 + 0.08)^4
P0 = $119.25 / 1.3605 + $92.70 / 1.3605
P0 = $87.67 + $68.14
P0 = $155.81
Therefore, the intrinsic value (P0) of the stock is $155.81.
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HELP ASAP Which one of the following statements about the function of money is wrong? Money holds its value well in times of inflation. Money makes trading goods and services easier. Money makes it easier to save
The statements about the function of money that is wrong is Money holds its value well in times of inflation.
Money serves as a means which helps individual to perform exchange of goods and services.
However, during inflation, money tends to loss its value because of higher price of goods.
Therefore, during inflation the value of money will be loss, which means the function of money here is not justified.
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Determine whether you have enough monies to live comfortably each year for 20 years in your dream state of Oregon.
Assume you are at age 65 and have the following assets:
Pension Plan worth $375,000. You plan to take an ordinary annuity on your pension to withdraw all assets in 20 years. Assume 4. 5% interest per year. You will get monthly payments for 20 years.
Social Security - $27,600 per year for 20 years. Assume that this is the amount you will receive each year.
Savings worth $140,000. You plan to take an ordinary annuity to withdraw all assets in 20 years. Assume 4. 25% interest per year. You will get monthly payments for 20 years.
Answer the following questions:
What will be the monthly amount received individually from the pension plan, social security, and savings? What will be the monthly total? Round all 4 answers to the nearest penny.
What will be the yearly amount received individually from the pension plan, social security, and savings? What will be the yearly total? Round all 4 answers to the nearest dollar.
What will be the 20-year amounts received individually from the pension plan, social security, and savings? What will be the 20-year total amount? Round all 4 answers to the nearest dollar.
Is the total amount enough to retire comfortably in your dream state of Oregon? What are your plans to make the required savings now and/or in the future to live comfortably in your dream state? Explain
The given information is insufficient to provide specific calculations for the monthly, yearly, and 20-year amounts received individually from the pension plan, social security, and savings. However, with the provided information about the assets and their respective interest rates, it is possible to make some general observations. To determine the exact amounts, the formulas for calculating annuity payments would need to be applied.
In terms of retirement planning, it is important to consider various factors to assess whether the total amount received is enough to live comfortably in Oregon for 20 years. Factors such as living expenses, inflation, healthcare costs, and personal preferences need to be taken into account. It is recommended to create a detailed retirement budget that includes all expected expenses and compare it to the projected income from the pension plan, social security, and savings. This will help determine if the income is sufficient to cover living expenses and maintain a comfortable lifestyle.
If the total amount falls short of the desired retirement income, additional savings and investments may be necessary. Individuals can consider options such as contributing to retirement accounts (e.g., 401(k), IRA), investing in stocks or bonds, or exploring other income-generating opportunities. Working with a financial advisor can provide valuable guidance in developing a comprehensive retirement plan and making the necessary savings and investment decisions.
Ultimately, the ability to retire comfortably in Oregon depends on personal financial goals, lifestyle choices, and the level of financial security one desires. It is crucial to regularly review and adjust the retirement plan as circumstances change to ensure a comfortable and secure retirement.
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the movement of cattle in large herds to a stockyard or market
Answer:
Its called a drive
Explanation:
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
under the concept of establishment of responsibility, how many people should have the ultimate responsibility?
Answer:
1
Explanation:
because we smart,im from forest hill
Answer:
1 because he or she can lead a group
Selling accounts receivables to factors and allowing credit terms such as 2/10, n/30 a. represent common business practices. b. represent ways to accelerate receivables collections. c. result in cash collections that are less than the gross accounts receivable. d. All of the above answers are correct.
Selling accounts receivables to factors and allowing credit terms such as 2/10, n/30 represent common business practices and are ways to accelerate receivables collections.
What is business?Business is an activity that involves the exchange of goods and services for money or other goods and services. It is a process of creating value for customers and society by producing, exchanging, and consuming goods and services. Business activities include production, marketing, finance, and human resources. Business can be conducted by individuals, partnerships, corporations, or other entities. Businesses use resources to produce goods and services, and they use these resources to generate revenue.
This practice can result in cash collections that are less than the gross accounts receivable, as the factor may take a discount for the early payment.
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policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. this will cause
Policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. This will cause the Phillips curve will shift upward.
What do you mean by Policy?A policy is an official decision made by a group of people, a commercial organization, the government, or a political party about a certain course of action.
The National Minimum Wage would increase to $15 per hour by 2025 under the Raise the Wage Act of 2021, thereby eradicating earnings that are below the poverty line. According to this analysis, the rise is long overdue and would have a positive impact on both the economy and workers.
Therefore, Policy makers announce that the federal minimum wage will increase to $15 an hour over the next 10 years by annual increases of $0.78. This will cause the Phillips curve will shift upward.
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Imagine starting your own company. What type of company might you start and what type of ownership do you think would work best for your business? Why?
I would start a company that will be a sole trader company, as this will have my own capital and no other investors or shareholders.
What is a Company?A company is a business that sells products and or services to customers for the earning of profits, the company I will form is a sole trader and it will be a burger shop.
This will have a sole trader and no other shareholder, the complete profit will be enjoyed by the sole owner and if required more capital the further capital will be obtained by the banks through loan a fixed interest will be paid to them each year.
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which dimension(s) of security is spoofing a threat to?
Spoofing is a threat to the security dimension of authentication. Spoofing is the act of falsifying the source of a network communication, such as a website or email, to gain unauthorized access to a network or system.
In the context of security, spoofing is a threat because it allows attackers to impersonate a legitimate source and gain access to sensitive information or resources that they would not otherwise be authorized to access.
Spoofing can be particularly dangerous in authentication systems, where it can be used to steal passwords or other sensitive information. To mitigate the risk of spoofing, network administrators can implement measures such as network address translation (NAT) and authentication protocols that require the use of digital certificates.
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causes of corruption?
Answer:
Personal greed, Decline of personal ethical sensitivity, the size and structure of governments, economic freedom/openness of economy, Cultural environments that condone corruption, Lack of transparency, Slow judicial processes, etc.
Explanation:
Answer:
MAIN CAUSE OF CORRUPTION ATE
1)GREATER NUMBER OF POPULATION.
2) WEAKNESS OF THE SOCIETY
3) THERE BE LESS AWARNESS.
4)SELF DESTRUCTIVE MINDED PERSON.
5) MAKING MUCH RICH AND LIVING COMFORTABLE
9. If you found that you were in financial trouble because of credit and had great difficulty paying your monthly bills, what would you do?
Answer:
You would have to cut down on some luxuries, like lots of foods, amusement parks, shopping trips, etc. If you have have extra hours, work more hours, quite possibly take another job.
Explanation:
Judging is:
Select the best answer choice.
A.
One's openness and flexibility to new information
B.
Perceiving people
C.
Responding to what the world throws at an individual
D.
Imposing order on the outside world
How can you tell if a guy doesnt put the effort in being with you anymore, its online and long distant cause he lives 8 hours away from me and were both 17 have already experienced heartbreak, it was great and fun at first and he was so shy and loving and wanted to meet but now he’s dodging to see eachother and every night we call before we both go to bed and sleep while on call but after my mother passed away June 29th hes been distant and mostly plays his game Smite idk if he’s serious about me i mean he tells me he loves me and ofc i love him back hes my entire world in my mind, im always very wholesome with him he says but when i ask how he feels he says he doesnt know and i dont show it to him but that kinda hurts when the guy doesnt know... anyway if you have any advice please tell me im desperate and i cant seem to keep my feelings from leaking out and it just hurts i dont wanna tell him cause then he will be upset and i dont want that..
Answer:
his body language would change around you and when a guy says he doesnt know means he doesnt know hes processing about how he really feels about you.
The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?
Answer:
There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.
The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:
There was a need to reduce the influence of the wealthyAccording to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.
As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.
With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.
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what is democracy????
Explanation:
a system of government by the whole population or all the eligible members of a state, typically through elected representatives.
Answer:
A system in which government is selected by the citizens....
Why are publicly traded companies only required to file annual and quarterly reports with the security and exchange?.
This is done in order for equities analysts and the general investing public to assess a company's financial performance and potential.
Companies must submit quarterly and annual reports to the SEC every year.
What Is the Securities and Exchange Commission (SEC)?
Commission (SEC) is an independent federal government regulatory organisation tasked with fostering capital formation, preserving the fair and orderly operation of the securities markets, and safeguarding investors. As the initial government regulator of the securities markets, it was established by Congress in 1934. The SEC supports complete public disclosure, defends investors from dishonest and market-manipulating actions, and keeps an eye on corporate takeover activities in the country. Additionally, it approves registration forms for bookrunners among underwriting companies. In general, securities offerings made in interstate commerce, via mail, or online must be registered with the SEC prior to being sold to investors. Companies that provide financial services, such as asset managers, advisory firms, and broker-dealers, as well as their professional representatives.To know more about Security and Exchange visit:
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Net income was $471,000 b. Issued common stock for $73,000 cash. c. Paid cash dividend of $11,000. d. Paid $125,000 cash to settle a long-term notes payable at its $125,000 maturity value: e. Paid $121,000 cash to acquire its treasury stock. f. Purchased equipment for $90,000 cash. Use the above information to determine cash flows from financing activities. (Amounts to be deducted should be indicated with a minus sign.)
The cash flows from financing activities based on the given information are as follows: Cash inflow of $73,000 from the issuance of common stock. Cash outflow of $11,000 for the payment of cash dividends. Cash outflow of $125,000 to settle a long-term notes payable. Cash outflow of $121,000 to acquire treasury stock. Hence, the cash flows from financing activities are -$184,000.
To determine the cash flows from financing activities, we need to identify the relevant transactions related to financing activities and calculate the associated cash flows.
Issuing common stock for $73,000 cash represents a cash inflow from financing activities, as the company received cash from investors.
Paying cash dividends of $11,000 represents a cash outflow from financing activities, as the company distributed cash to shareholders.
Paying $125,000 cash to settle a long-term notes payable at its $125,000 maturity value represents a cash outflow from financing activities, as the company repaid a long-term debt.
Paying $121,000 cash to acquire treasury stock represents a cash outflow from financing activities, as the company used cash to buy back its own shares.
There is no specific information provided about any other financing activities, such as borrowing or repaying loans, so we only consider the given transactions. Therefore, the cash flows from financing activities, after summing up the cash inflows and deducting the cash outflows, are as follows
Cash inflow: $73,000
Cash outflows: $11,000 + $125,000 + $121,000 = $257,000
The net cash flows from financing activities would be the difference between the cash inflows and outflows, which is $73,000 - $257,000 = -$184,000. Since this is a cash outflow, it should be indicated with a minus sign. Hence, the cash flows from financing activities are -$184,000.
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Alltech Company maintains a separate accounts receivable account for each customer. On June 18, Alltech provides $6,300 of services on account to customer Anthony and $1,200 of services on account to customer Walker. How will these two transactions affect the control and subsidiary accounts?
Answer:
B. The control account, Accounts Receivable, will be increased with a debit of $8 300
Explanation:
According to the given situation, in total, the Alltech company makes sales of 2, one for $6,300, and the other for $2,000. The total of sales will be computed by adding both sales that are $6,300 + $2,000 = $8300 will therefore be booked and control and receivables will be boosted with a debit of $8,300.
Therefore, the correct answer is B.
why is it important to learn the skill of monthly budgeting or projecting financials for a potential career?
Answer:
it is important
Explanation:
if u budget monthly by the end of the year you can identify the profit or loss (yes l am 12)
Which of the following accurately explain why there is no direct tie between the Fed’s monetary policy tools and its goals? Check all that apply.
1. Effectiveness lags
2. Information lags
3. A broken relationship between monetary aggregates and the rate of inflation
4. Implicit targeting
There are several reasons why there is no direct tie between the Federal Reserve's monetary policy tools and its goals. First, effectiveness lags occur when changes in monetary policy take time to affect the economy.
Second, information lags occur because the Fed may not have complete or accurate information about the economy, making it difficult to make precise policy decisions. Third, there is a broken relationship between monetary aggregates, such as the money supply, and the rate of inflation, making it challenging for the Fed to control inflation through traditional means. Finally, the Fed may use implicit targeting, which involves focusing on a specific economic variable that is indirectly related to its goals, rather than directly targeting its goals. Overall, these factors create a complex relationship between the Fed's policy tools and its goals, requiring careful consideration and analysis when making policy decisions.
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T/F: Revenue accounts should begin each accounting period with zero balances.
True. Revenue accounts should begin each accounting period with zero balances
Financial accounts that contain the receipts of the income or revenue that an individual or company receives through their business transactions are known as Revenue accounts and these accounts have credit balances and report the income of the business. They include Revenue from Sales, Revenue from Interest income, Revenue from Rental income,
Accounts that keep track of transactions for a specific period and get closed or reset at the end of the period are known as Temporary accounts like income and expenses accounts. By using this method each accounting period starts with a zero balance in all the temporary accounts, so revenues and expenses are only recorded for current years.
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What causes budget deficit?
Answer:
The exact causes of a government budget deficit can be hard to track down, but in general, they are caused by low taxes and high spending. That's because the government's main source of revenue is taxation, so having low tax income means that the government's total income is low.
how is planning done and why is it important
Answer:
Planning helps us decide how best to use our resources (people, time, money, information, equipment) so that they make the most significant contribution to achieving our goal. Planning lays the basis for us to assess and evaluate our achievements effectively.
Explanation:
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