The 2014 balance sheet of Jordan’s Golf Shop, Inc., showed long-term debt of $6.2 million, and the 2015 balance sheet showed long-term debt of $6.45 million. The 2015 income statement showed an interest expense of $215,000. The 2014 balance sheet showed $610,000 in the common stock account and $2.5 million in the additional paid-in surplus account. The 2015 balance sheet showed $650,000 and $3 million in the same two accounts, respectively. The company paid out $610,000 in cash dividends during 2015. Suppose you also know that the firm’s net capital spending for 2015 was $1,470,000, and that the firm reduced its net working capital investment by $89,000. What was the firm’s 2015 operating cash flow, or OCF? (Do not round intermediate calculations. Enter your answer in dollars, not millions of dollars, e.g., 1,234,567.)
Answers
Answer:
$1,416,000
Explanation:
The computation of the operating cash flow is shown below:
But before that following calculations need to be done
Cash flow to creditors is
= Interest paid - Net new borrowing
= $215,000 - (LTD at end - LTD at beg)
= $215,000 - ($6,450,000 - 6,200,000)
= $215,000 - 250,000
–$35,000
Cash flow to stockholders = Dividends paid - Net new equity
Cash flow to stockholders = $610,000 – [(Common end + APIS end) - (Common beg + APIS beg)]
= $610,000 - [($650,000 + 3,000,000) - ($610,000 + 2,500,000)]
= $610,000 - ($3,650,000 - 3,110,000)
= $70,000
Here APIS denotes the additional paid-in surplus.
Cash flow from assets = Cash flow to creditors + Cash flow to stockholders
= -$35,000 + 70,000
= $35,000
Cash flow from assets = OCF - Change in NWC - Net capital spending
$35,000 = OCF - (-$89,000) - 1,470,000
= $35,000 - 89,000 + 1,470,000
= $1,416,000
Related Questions
7. Which of the following is not one of the advantages of a table, chart, or graph?
A. They can be divided into many small segments.
B. They can display a lot of information in a small space.
C. They allow you to compare data.
D. They show trends in data.
Answers
Answer:
A
Explanation:
4. Business owes a duty to society to conduct itself in which of the following ways?
Answers
Business owes a duty to society to conduct itself in the ways following the accepted rules of the "game" of business
What are the most important rules in business?Choosing the right person to associate with is the most important rule in business and life in general. This rule can be difficult to adhere to consistently, and ignoring it is a lesson to be learned over and over again.
Why do we need business rules?The rules of the game in business are laws that regulates the formation and operation of a company. Improve business processes by providing guidance on when to start, stop, or change these processes to apply policies consistently across your organization. Business rules are used for a variety of use cases based on internal or external constraints.
What are the five rules of business?Five golden rules for small business success: Create a realistic business plan. Monitor conflicts. Don't try to do everything yourself. Get professional advice. Address marketing not just accountants.
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The table below lists the CPI and wage values for the United States from different decades.
a. Complete the table by computing the real income for each year shown in the table
Instructions: Round your answers to two decimal places.
(Table in the picture. If you could provide me with a formula and an example I can do it on my own after that. Thanks :) )
Instructions: Enter the year using all four numbers (yyyy).
b. Of the years listed above, the paycheck of the average worker was highest in
c. Of the years listed above, the purchasing power of the average worker was highest in
Answers
The average real wage given the CPI and Nominal wages in:
1967 is $21,188.62
1977 is $22,407.58
1987 is $22,935.74
1997 is $23,163.24
2007 is $23,973.95
2013 is $22,455.79
The paycheck of the average worker was highest in 2013.
The purchasing power of the average worker was highest in 2007.
What is the consumer price index?
The consumer price index measures the changes in price of a basket of good. It is used to measure inflation.
Real wages = nominal wages / cpi
Real wage in 2013 = 52,322 / 2.33 = $22,455.79
Purchasing power is the highest when the real wage is the highest.
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If you own a business that operates in a certain building then you are liable for the condition of the building.
True
False
Answers
IN TEST PLEASE HELP ! Mia is the owner and CEO of a Singapore-based company that makes and exports electronic goods. Mia plans to enter the Japanese market. She decides to price her products high to get the maximum profits in the shortest possible time. Which pricing strategy is Mia using? A. geographic B. penetration C. product line D. skimming
Answers
Answer:
D. skimming
Explanation:
Skimming is the pricing strategy where a company charges the highest price that customers are initially willing to pay and then lowers the price over time. This fits the scenario here, as Mia starts out by pricing her products high. None of the other strategies involve starting out with a high price to turn a short-term profit.
An upstream input in agribusiness is fertilizer.
-True
-False
Answers
Answer:
True
Explanation:
The agricultural input sector is a major part of agribusiness. It provides farmers with the feed, seed, credit, machinery, fil, chemicals, etc., that they need to operate. It is generally felt that the improvement in the quality of these purchased inputs has been a significant source of productivity guns for the entire system. Input suppliers provide producers with substantial quantities of purchased inputs.
The total level of purchased inputs devoted to agriculture has changed now a day. An example of a purchased input whose use has changed drastically is energy. The list change in energy use came with the shift from human to animal power and mechanical power, especially internal combustion engines and electric motors.
The second shift occurred as farmers moved to more fuel-clinician equipment in response to rising energy prices. This movement kept on-farm energy consumption nearly constant over the last decade despite increasing production. AL the distribution level, the agricultural input sector comprises many small, independent, locally-owned businesses. In particular input industries such as chemicals and machinery, a few companies handle most of the business at the production level.
The trend toward greater use of specialized purchased input is expected to continue and should be an ongoing source of productivity gains for agricultural production. However, it is essential to remember that this increasing dependence on purchased inputs uses agricultural producers more sensitive to changes in agribusiness and the general economy.
___________________________________________________________
Happy to help whenever :)
Absorption and Variable Costing Comparisons Red Arrow Blueberries manufactures blueberry jam. Because of bad weather, its blueberry crop was small. The following data have been gathered for the summer quarter of last year: Beginning inventory (cases) 0 Cases produced 8,000 Cases sold 7,000 Sales price per case $ 115 Direct materials per case $ 25 Direct labor per case $ 40 Variable manufacturing overhead per case $ 10 Total fixed manufacturing overhead $ 192,000 Variable selling and administrative cost per case $ 2 Fixed selling and administrative cost $ 38,000 Functional Income Statement Contribution Income Statement Ending Inventory Analysis (a) Prepare a functional income statement for the quarter using absorption costing. (Round answers to the nearest dollar. Do not use negative signs with your answers, EXCEPT if you calculate a net loss.) RED ARROW BLUEBERRIES Functional (Absorption Costing) Income Statement For the Summer Quarter (Last Year) Sales Answer 805,000 Cost of goods sold: Variable costs Answer 616,000 Fixed costs Answer 192,000 Goods available Answer 808,000 Ending inventory Answer 99,000 Answer 693,000 Gross profit Answer 112,000 Operating expenses: Variable selling and administrative Answer 14,000 Fixed selling and administrative Answer 38,000 Answer 52,000 Net income (loss) Answer 60,000
Answers
Answer:
Red Arrow Blueberries
RED ARROW BLUEBERRIES Functional (Absorption Costing) Income Statement For the Summer Quarter (Last Year)
Sales $805,000
Cost of goods sold:
Variable costs 600,000
Fixed costs 192,000
Goods available 792,000
Ending inventory 99,000 693,000
Gross profit 112,000
Operating expenses:
Variable selling & administrative 14,000
Fixed selling and administrative 38,000
Total operating expenses 52,000
Net income (loss) 60,000
Explanation:
a) Data and Calculations:
Beginning inventory (cases) 0
Cases produced 8,000
Cases sold 7,000
Ending inventory (cases) 1,000 (8,000 - 7,000)
Sales price per case $ 115
Direct materials per case $ 25
Direct labor per case $ 40
Variable manufacturing overhead per case $ 10
Total fixed manufacturing overhead $ 192,000
Variable selling and administrative cost per case $ 2
Fixed selling and administrative cost $ 38,000
Variable costs:
Direct materials per case $ 25
Direct labor per case $ 40
Variable manufacturing
overhead per case $ 10
Total variable cost per case $ 75
Total variable costs = $600,000 ($75 * 8,000)
Ending cost of
On average, a person with a bachelor's degree earns
than a person
with an associate degree and
than a person with a high school
diploma
O A. more; more
O B. less; more
O c. less; less
O D. more; less
SUBMIT
Answers
Answer:
B
Explanation:
the knowledge.. between a Bachelor degree and an associate degree. is leser
In 2022, Landon has self-employment earnings of $206,000.
Required:
Compute Landon's self-employment tax liability and the allowable income tax deduction of the self-employment tax paid.
Note: Round your intermediate computations and final answers to the nearest whole dollar value.
Total self-employment tax liability
Self-employment tax deduction
Answers
The amount of the self-employment tax Landon is eligible to deduct from his taxable income is $14,999.
What do self-employment net earnings mean?You must disclose your net income to Social Security and the Federal Revenue Service if you are self-employed (IRS). Your trade or firm's gross earnings less all legal business expenses and depreciation equals your net earnings for Social Security purposes.
To calculate Landon's self-employment tax liability:
Self-employment tax = (Net self-employment income x 0.9235) x 0.153
Where 0.9235 is a factor to adjust for the deduction for half of the self-employment tax.
Net self-employment income = $206,000
Self-employment tax = ($206,000 x 0.9235) x 0.153 = $29,998
Therefore, Landon's total self-employment tax liability is $29,998.
To calculate Landon's allowable income tax deduction for the self-employment tax paid:
Self-employment tax deduction = (Self-employment tax paid ÷ 2)
Self-employment tax paid = $29,998
Self-employment tax deduction = ($29,998 ÷ 2) = $14,999
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In the current year, Azure Company has $350,000 of net operating income before deducting any compensation or other payment to its sole owner, Sasha. In addition, Azure has interest on municipal bonds of $25,000. Sasha has significant income from other sources and is in the 37% marginal tax bracket.
Based on this information, determine the income tax consequences to Azure Company and to Sasha during the year for each of the following independent situations. (Ignore the deduction for qualified business income and the 3.8% Medicare surtax on net investment income.)
The rates on qualified dividends are 0%, 15% and 20%.
If an amount is zero, enter "0".
a. Azure is a C corporation and pays no dividends or salary to Sasha.
Azure Company, as a C corporation, has taxable income of $350,000
corporate income tax of $
Sasha has taxable income of $0
from Azure.
B.Azure is a C corporation and pays $75,000 of salary to Sasha. (Ignore payroll taxes.)
The salary paid to Sasha is
deductible by Azure Company resulting in taxable income of $275,000
and corporate income tax of $
. Sasha incurs income tax of $27,750
with respect to the salary she received during the year.
Answers
According to the question of income , Azure is a C corporation and pays Sasha $75,000 of qualified dividends.
What is income?Income is the money received by an individual or organization in exchange for providing a service or producing a good. Income is generated in a variety of ways, including wages, salaries, investments, and business profits. It can be earned from a variety of sources, including employers, entrepreneurs, investments, and government programs. Income is typically reported to the Internal Revenue Service (IRS) on a yearly basis and is used to calculate an individual's tax liability. Income is an important component of financial well-being, providing individuals with the means to purchase goods and services and save or invest for the future. It is also a key factor in determining an individual's ability to maintain a decent standard of living.
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What is a premium?
A. the amount paid by the policyholder before the insurance policy starts paying on the claim
B. the amount paid after the deductible has been satisfied and until the out-of-pocket maximum has been reached
C. the maximum amount a policy will pay out in any one year
D. the amount paid by the policyholder to the insurer on a regular basis for the policy
Answers
Answer: 1. a policy purchased from a company that provides financial protection against financial loss or harm caused by a possible event
2. the amount paid by the policyholder to the insurer on a regular basis for the policy
3. the amount paid by the policyholder before the insurance policy starts paying on the claim
4. Health insurance policies for those who do not have access to employer-provided health plans or who do not qualify for government-provided plans, offered through a marketplace, and purchased by individuals for themselves and their families.
5. Medicare
Explanation: My quizlet name is Aron_Sonn so consider dropping by :)
Premium refers to the amount paid by the policyholder to the insurer on a regular basis for the policy. Thus, Option (D) is correct.
The premium is an essential component of an insurance contract and is determined based on various factors such as the type of coverage, the risk profile of the insured individual or property, and the desired coverage limits.
Policyholders make regular premium payments, which could be monthly, quarterly, or annually, in order to maintain their insurance coverage. These payments ensure that the insurance policy remains in effect and that the policyholder is eligible to receive the benefits and financial protection outlined in the policy.
Thus, Option (D) correctly shows that the premium serves as the financial consideration for the insurance company's assumption of risk and provision of coverage.
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Which of the following is not true of the critical path?
a. critical path can not be changed during the life of project.
b. critical path is always longest in a network.
c. critical path demands careful monitoring and controlling.
d. all of the answers are correct.\
Answers
The statement that not true of the critical path is critical path can not be changed during the life of project.
What is critical path?Critical path is a method in project graph to determine the minimum time that necessary to complete the entire of project. The critical path can be calculated by sum the longest time of path from start to finish.
Since, it calculate the entire project, the critical path need to estimated all activities. But, often the unforeseen circumstances make the duration in one activities changed, and this will make the original critical path no longer relevant.
Thus, the critical path will not remain static and can be changed during the completion of project. So, the option A is not true.
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An office's computers are connected in a mesh topology. How many cables are required to connect four computers to each other?
Answers
According to the video, this job is a good springboard for which field?
A. Operations Research Analysis
B. Accounting
C. Marketing or Sales
D. Middle Management
Answers
Answer:
its d not b
Explanation:
Answer: (D) Middle Management
Explanation: right on edge 2020
March/2023/1 Receive a cheque from Guria Ltd K700.
requirement do double entry
Answers
Assuming Cheque received from a customer
1-Mar-2023
DR Bank
CR Accounts Receivable (Guria Ltd K700)
(Recoded receipt of cheque from customer)
What is Double Entry?Double entry is the initial entry that is recorded to record the daily transactions of a company, these transacttions are accumulated at the end of a month or a period and are converted into a trial balance, this trial balance eventually help in the preparation of an Income statement and Balance Sheet.
The cheque is received from Guria Ltd that needs to be deposited into bank and the above entry is to be recorded.
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Lecture Questions
Question 1
The Baker Company manufactures a product in a single process. The following information is
available:
Input material 5,000 kilos valued at $18,000
Material added $4,000
Direct labour cost incurred $14,000
Manufacturing overhead incurred $20,500
Normal losses 10% of input
Scrap value of losses $5.00 per unit
Units completed and transferred out 4,300 units
i) Calculate the cost per completed unit
ii) What is the value of the units completed and transferred to finished goods?
iii) What is the value of the unexpected losses?
iv) What is the manufacturer’s true loss?
v) Prepare the journal entries necessary to record the assignment of direct materials and
direct labour and the allocation of manufacturing overhead to the process. Also, give
the journal entries for the transfer of units completed to Finished Goods Inventory.
Answers
The following are the questions' answers:
$12.56 is the price per finished product.$54,008 is the total cost of finished and transferred units.Losses at scrap value equal $1,000.The real loss to the manufacturer is $5,280.What precisely are anticipated and unanticipated losses?The amount a bank anticipates losing when offering credit to its customers on average over a predetermined time period is known as the expected loss. Unexpected loss is the term used to describe how unpredictable credit losses are in comparison to their forecasted loss. After estimating its expected loss, a bank sets up credit reserves.
i) Calculate the cost per completed unit:
To calculate the cost per finished unit, we must first calculate the total cost of production and divide it by the number of finished units.
Total cost of production = Input material cost + Material added + Direct labour cost + manufacturing costs
= $18,000 + $4,000 + $14,000 + $20,500
= $56,500
Normal loss = 10% of input = 0.10 * 5,000 kilos = 500 kilos
Actual completed units = Total input units - Normal loss units = 5,000 - 500 = 4,500 kilos
Cost per completed unit = Total production expense / actual finished products
= $56,500 / 4,500
= $12.56
ii)
Value of finished and transferred units = Total number of finished and transferred units X Price per finished item
= 4,300 * $12.56
= $54,008
iii)
Given that the real number of finished units is 4,500 and the typical loss is 10% of input, the actual loss is 200 kg. (5,000 input units - 4,300 completed and transferred out - 500 normal loss units).
Scrap value of losses = 200 units X $5.00 per unit
= $1,000
iv)
real loss to the manufacturer = (Normal losses X Cost per completed (unit)) - Scrap value of unexpected losses
= (500 units * $12.56) - $1,000
= $6,280 - $1,000
= $5,280
v)
Choosing a direct material:
Work in Process Inventory- (dr.) $22,000
Raw Materials Inventory $22,000
Providing direct labor:
Work in Process Inventory- (dr.) $14,000
Wages Payable $14,000
Cost of manufacturing overhead distribution:
Work in Process Inventory- (dr.) $20,500
Manufacturing Overhead $20,500
Transfer of finished units to the Inventory of Finished Goods:
Finished Goods Inventory- (dr.) $54,008
Work in Process Inventory $54,008
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and example of world systems theory would be that a rich country like the us sends some of its dirtiest manufacturing over to countries like china, so the us can then buy back (for cheap) many of those products without having to live with the pollution they created.
Answers
Rivals have criticized world-systems theory for being overly centered on the economics, underemphasized on culture, and overly core- and state-centric.
These factors don't make sense when viewed through Wallerstein's nation-centered lens because they operate on a global scale as opposed to a state system.
According to systems theory, a world-system is a socioeconomic system that includes all or part of the world and details the overall structural outcome of all interactions between polities. Although they are not always global, world-systems are typically larger than single states.
1. The Knowledge Economy, first A "knowledge economy" is one where employment requires a high degree of technical and scientific expertise and is characterized by a high level of innovation in both fields.
2. Carbon emissions and climate change politics An uneven transaction underpins the politics of climate change.
3. The Packaged Food Sector and Hidden Hunger
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The Management of “TanjungUdaBerhad” is planning a RM4,000,000 expansion this year. The expansion can be financed by issuing either common shares of bonds. The new common share can be sold for RM$5 per share. The bonds can be issued with a 12% coupon rates. The firm’s existing preference share pay dividends of RM$2 per share. The company’s corporate income tax is 30%. The financial statement of TanjungUdaBerhad is as follow:-
TanjungUdaBerhad
Balance Sheet as at 31st December 2021
Current Assets RM$ 2,000,000
Fixed Assets RM$ 8,000,000
RM$ 10,000,000
Current Liabilities RM$ 1,500,000
Bonds:
(8.5%, RM1,000 par value) RM$ 4,000,000
(9%, RM1,000 par Value) RM$ 1,000,000
Preference Shares
(RM$ 100 par value) RM$ 500,000
Ordinary Shares
(RM$ 2 par value) RM$ 2,400,000
Retained Earnings RM$ 600,000
RM$ 10,000,000
Required:
a) Calculate the indifference level of EBIT between the two Plans.
b) If EBIT is Expected to be RM1,500,000 which plan will result in ahigh EPS?
Answers
Based on the price of the bonds to be issued, and the selling price of the shares, the indifference level of EBIT between the plans is $1,142,857.
Between issuing shares and issuing bonds, the one with the higher EPS will be Issuing Bonds with EPS of 0.59
What is the indifference level?First find the number of shares if the plan is to issue shares:
= Current number of shares + New shares
= (2,400,000 value / Price per share) + (4,000,000 / $5 Price per new share)
= 2,000,000 shares
The interest if bonds are picked is:
= 12% coupon x Bond value
= 12% x 4,000,000
= $480,000
Assuming the indifference level is denoted as L, the indifference level is:
(L x ( 1 - tax rate) - Preference share dividends) / Outstanding shares if new shares are issued = ( (L - Interest) x (1 - tax rate) - Preference dividends) / Outstanding shares if bonds issued
(L x ( 1 - 30%) - 10,000) / 2,000,000 = ( ( L - 480,000) x ( 1 - 30%) ) / 1,200,000
L = $1,142,857
Which plan gives the higher EPS?Issuing bonds:
= ( ( 1,500,000 - 480,000) x ( 1 - 30%) ) / 1,200,000
= 0.59
Issuing shares:
(1,500,000 x ( 1 - 30%) - 10,000) / 2,000,000
= 0.52
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How do you define a small business? Not the textbook definition but how you define it in your own words. List several small businesses in your local area and evaluate what makes them a small business and how you know. What impact do these small businesses have on your local economy? Explain.
Answers
Small business can be described as the business that is been privately owned corporation and can as well be a partnership, or sole proprietorship , and this business usually consist of small number of employees which do consist of less annual revenue compare to corporation or regular-sized business.
List several small businesses in your local area are:
Personal Trainers Site building and web design.Local Auto Repairs.The impact these small businesses have on your local economy is that it help the economy because Small businesses serves as the important economic engine since it serves as the back up .
What is a business?Small businesses can be described as the one that help the local economies because it bring about the growth as well as the innovation into the community that the business is been established.
In conclusion, Business can be described as the organization as well as enterprising entity which focus on making profit by engaging in the production or selling of products as well as services.
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in your community on the negative impact of strikes as a socio economic issue on businesses
Answers
Explanation:
hooliganism
increase in poverty
insufficient revenue
decrease in productivity
easiest way to start making good money as a teen
Answers
As a teen, there are several ways to start making money. Here are some ideas that you can consider:
Babysitting: If you enjoy being around kids, babysitting can be a great way to earn money. You can start by offering your services to family and friends or by creating a profile on websites like Care.com or Sittercity.com.
Pet sitting and dog walking: If you are an animal lover, you can offer pet sitting or dog walking services in your neighborhood. You can advertise your services on social media or local bulletin boards.
Yard work: You can offer your services to mow lawns, rake leaves, and do other yard work for people in your neighborhood. You can start by asking your neighbors if they need help or by creating a profile on websites like TaskRabbit.com.
Freelance work: If you have skills in areas like graphic design, writing, or programming, you can offer your services as a freelancer on websites like Upwork.com or Fiverr.com.
Sell products online: You can start a small business selling products online, such as handmade crafts or reselling items you no longer need. You can use platforms like Etsy.com or eBay.com to sell your products.
Remember, the easiest way to start making money as a teen is to find something you enjoy doing and that you're good at. You can then market your skills or services to others in your community or online.
1. WHAT IS TIME MANAGEMENT TO YOU AND WHY WOULD YOU MANAGE YOUR TIME BETTER?
EXAMPLE?
Answers
Answer:
Time management is when you use your time wisely to complete certain tasks.
Explanation:
If you manage your time wisely, you will get more work done. Not managing your time will result in incomplete tasks.
What do you feel are the advantages of tracking and managing the gross profit margin percentage in your business?
Answers
Tracking and managing the gross profit margin percentage empowers businesses to assess financial performance, control costs, set prices effectively, benchmark against competitors, make informed decisions, and ensure financial stability and growth.
Tracking and managing the gross profit margin percentage in a business offers several advantages:
Financial Performance Analysis: The gross profit margin percentage provides a clear picture of a company's financial performance by measuring the profitability of its core operations. It indicates how effectively the company is generating revenue and managing its direct costs. By tracking this metric over time, businesses can assess their profitability trends and make informed decisions to improve their financial health.
Cost Control and Pricing Strategy: Monitoring the gross profit margin percentage helps in evaluating and controlling costs associated with production or service delivery. By understanding the direct costs and their impact on profitability, businesses can identify areas where cost reductions or efficiencies can be implemented. Additionally, the gross profit margin percentage can guide pricing decisions, as businesses need to set prices that not only cover costs but also generate sufficient gross profit to support operations and growth.
Performance Benchmarking: Comparing the gross profit margin percentage with industry standards or competitors can provide insights into a company's competitiveness and efficiency. It enables businesses to assess their relative performance in terms of profitability and identify areas for improvement. Benchmarking against industry leaders can also inspire strategies for enhancing profitability and market positioning.
Decision Making: The gross profit margin percentage is a valuable tool for making informed business decisions. It helps in evaluating the profitability of different products, services, or customer segments. By analyzing the gross profit margin percentage associated with each, businesses can identify their most profitable offerings and allocate resources accordingly. It also assists in assessing the viability of new business opportunities or expansion plans by estimating their potential impact on profitability.
Financial Stability and Growth: Tracking and managing the gross profit margin percentage contributes to the financial stability and growth of a business. A healthy and consistent gross profit margin indicates that a company is generating sufficient revenue to cover direct costs and contribute towards covering overhead expenses and generating net profit. It provides a foundation for reinvestment, expansion, and long-term sustainability.
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the quality of information obtained from a request letter depends on the clarity of the inquiry. what techniques can you use to make your request clear? check all that apply.
Answers
These things are important because they ensure that the request that you sent to the recipient can be fulfilled according to your needs. Using the recipient’s first name is not one of the mechanisms you should use to clarify your request, although it might help to imply a degree of familiarity with the recipient, which might make them more inclined to fulfill your request.
Why is clear communication crucial in providing excellent customer service?
Establishing trust with customers and clearly articulating needs, expectations, and any obstacles are made possible by effective communication. By speaking more clearly, you may strengthen your relationships with customers and even generate more leads for your company.
Be precise, short, and to the point.
Avoid straying from your primary points in request letters to avoid confusing your reader. Long, dense sentences and paragraphs should be avoided as they are daunting and difficult to understand.
In request letters, stay on topic and don't digress from your main points to avoid confounding the reader. Avoid using lengthy, complex sentences and paragraphs since they are intimidating and challenging to understand.
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If a company is using the indirect method to prepare the statement of cash flows, identify where an increase in the accounts receivable account should be reported:
Answers
Describe Bitcoin's performance for its first 6 years?
Answers
Answer:
Bitcoin (BTC) may not be worrying analysts with its latest price dip, but it will likely close its first negative month of April in six years this week despite hitting a new all-time high two weeks ago.
Data from monitoring resource Bybt shows that at -8.3%, April 2021 is Bitcoin’s worst April on record and the first since 2015 to make a loss.
Explanation:
Hope this helps
The statement of cash flows is less influenced than the income statement by choices of accounting methods.
a. True
b. False
Answers
True the statement of cash flows is less influenced than the income statement by choices of accounting methods.
A cash flow is a physical or virtual movement of funds. In its strictest sense, a cash flow is a payment, especially from one central bank account to another; the term "cash flow" is typically used to describe. Cash flow from operations consists of expenses incurred during normal business operations. These cash outflows include things like rent, utilities, payroll, and cost of goods sold. Cash flow is referred to as the quantity of money coming into and going out of your firm over a specific time period. When business operations are very seasonal, cash outflows might vary significantly. Because it enables you to both meet your current financial responsibilities and make plans for the future, cash flow is crucial.
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two ways in which best bank can adapt to the challenges of the macro environment
Answers
Answer:
Mergers or Information Management
Explanation:
Mergers-In order to respond to certain challenges, businesses may choose to merge with another business. The new business will have a larger market share than either of the original businesses did.
Information management -All changes lead to new information that needs to be distributed to all the relevant parties.
Information must be managed efficiently and a system must be in place so that the relevant staff can easily access it.
Information must be protected and kept secure to protect the company's intellectual property.
What is semiannually?
Answers
Answer:
occurring twice a year; half yearly
Explanation:
ok so basically
semi: partly
annually: yearly
essentially, semiannually means it only happens part of the year.
I feel like I just went in circles, but I'm not sure how else to explain it! let me know if you need another explanation
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run:
a.reduce the level of output its produces
b.increase the level of output it produces
c.neither increase nor decrease the level of output it produces
d.shut down
Answers
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.
For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.
So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.
Hence, option D is correct.
To learn more about a perfectly competitive firm here:
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