Trevor Company reports the variable costing income statement below for June. The company began the month with no finished goods inventory. It produced 11,200 units in June, and 2,600 units remain in ending finished goods inventory Sales (8,600 units) $ 301,000 Variable expenses Variable cost of goods sold $ 201,000 Variable selling and administrative expenses 41,000 242,000 Contribution margin 59,000 Fixed expenses Fixed overhead 8,960 Fixed selling and administrative expenses 17,400 26, 360
Income $ 32,640 Prepare an income statement using absorption costing. TREVOR COMPANY Income Statement (Absorption Costing)
Answers
TREVOR COMPANY
Income Statement (Absorption Costing)
Sales: 8,600 units x $35 per unit = $301,000
Cost of Goods Sold:
Beginning Inventory: -0-
+ Manufacturing Costs:
Variable Costs: 11,200 units x $18 per unit = $201,600
Fixed Overhead: $8,960
Total Manufacturing Costs: $201,600 + $8,960 = $210,560
- Ending Inventory: 2,600 units x $18 per unit = $46,800
= Cost of Goods Sold: $210,560 - $46,800 = $163,760
Gross Profit: $301,000 - $163,760 = $137,240
Operating Expenses:
Variable Selling and Administrative Expenses: $41,000
Fixed Selling and Administrative Expenses: $17,400
Total Operating Expenses: $41,000 + $17,400 = $58,400
Operating Income: $137,240 - $58,400 = $78,840
Therefore, the income statement using absorption costing for Trevor Company is as follows:
TREVOR COMPANY
Income Statement (Absorption Costing)
Sales $301,000
Cost of Goods Sold $163,760
Gross Profit $137,240
Operating Expenses $58,400
Operating Income $78,840
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Related Questions
Consider an exchange economy with two agents, 1 and 2, and two goods, apples and bananas. The agents' preferences are represented by the utility functions
_1(x_1, y_1) = x_1 + ln(1 + y_1),
_2(x_2, y_2) = x_2 + 2ln(1 + y_2),
where ln stands for the natural logarithm and, for = 1, 2, x denotes agent 's consumption of apples and y denotes agent 's consumption of bananas. Before trade, agent 1 owns 10 apples and 0 bananas while agent 2 owns 0 apples and 10 bananas. (a) Describe all the efficient (i.e., Pareto optimal) allocations of this exchange economy. Recall that not all agents need consume a strictly positive quantity of all goods. (b) Compute the competitive equilibrium of this exchange economy. Without loss of generality, normalize the unit price of apples to 1, and denote the unit price of bananas by p. What is the equilibrium price of bananas? What are the agents' equilibrium consumptions of apples and bananas?
Answers
The efficient (Pareto optimal) allocations in this exchange economy, we need to determine the allocations where no agent can be made better off without making another agent worse off.
In other words, we are looking for allocations where we cannot reallocate goods to increase one agent's utility without decreasing the other agent's utility.
Given the utility functions for agents 1 and 2:
U₁(x₁, y₁) = x₁ + ln(1 + y₁)
U₂(x₂, y₂) = x₂ + 2ln(1 + y₂)
We need to maximize the sum of the utilities for both agents, subject to the resource constraints and the initial endowments.
Let's denote the prices of apples and bananas as p and q, respectively.
(a) Efficient (Pareto optimal) allocations:
To find the efficient allocations, we need to solve the utility maximization problem for both agents subject to their budget constraints. The budget constraints can be represented as:
p * x₁ + q * y₁ ≤ p * 10 (Agent 1's initial endowment of apples)
p * x₂ + q * y₂ ≤ q * 10 (Agent 2's initial endowment of bananas)
We can rewrite the budget constraints as:
x₁ + (q/p) * y₁ ≤ 10 (1)
(p/q) * x₂ + y₂ ≤ 10 (2)
Now, let's solve the maximization problems for both agents:
For Agent 1:
Maximize U₁ = x₁ + ln(1 + y₁) subject to the constraint (1).
For Agent 2:
Maximize U₂ = x₂ + 2ln(1 + y₂) subject to the constraint (2).
Solving these maximization problems will give us the utility-maximizing allocations for both agents.
(b) Competitive equilibrium:
In a competitive equilibrium, prices are determined such that the total demand for each good equals the total supply, and each agent maximizes their utility given the prices and their budget constraints.
Therefore, equilibrium price of bananas and the agents' equilibrium consumptions of apples and bananas, we need to solve the maximization problems and find the corresponding optimal allocations.
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many companies state their brand promise directly in words, using a short phrase called what
Answers
Answer:Many companies state their brand promise directly in words, using a short phrase called what? A. A warranty B. A customer mindset C. A corporate image D. A tagline
✓ D.
Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term
Answers
Answer:
B Deliberate
Explanation:
Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.
There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.
In business, a group of people who work together in an attempt to achieve some specific purpose is known as a(n) _____. Multiple choice question. cadre symposium cohort organization
Answers
There are different kinds of firms. In business, a group of people who work together in an attempt to achieve some specific purpose is known as an organization.
What is an organization?An organization is regarded as a combination or a group of people that are said to be working together such as an association, a charity, a union, etc.
The word organization also connote a group or business, or to the process establishing something.
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what countries can i get plastic surgery at 16 without parental consent?
Answers
Answer: Any country that considers 16 to be an adult - like lots of places in Europe and maybe even Mexico, Brazil etc
Explanation: however, I would not do it at 16 - your face and body will change a lot ! I used to want to have a breast augmentation when I was 18 because I got picked on a lot for having small breasts. Now I am a DD and am beyond happy I didn’t get the augmentation. I would wait till at least your earlier 20’s or so!
Hoped this helped a little bit
two common ways to discourage tobacco use are taxes on tobacco and information campaigns on the hazards of tobacco use. which one causes a shift in the demand curve for smoking? question 41 options: a) information campaign on hazards of tobacco. b) none cause a change in the demand curve c) both cause a decrease in demand. d) tax on tobacco products that drives up its price.
Answers
information campaign on hazards of tobacco will cause a shift in the demand curve for smoking . ( Option A )
- The most successful measure to decrease cigarette demand is tax increases. Numerous studies from high-income nations as well as several studies from low- and middle-income nations that we reviewed show that smoking rates are consistently and significantly reduced by higher tobacco pricing.
- An estimated 6 million non-smokers discussed the risks of smoking with friends and family in the first two years of the program. According to studies, media advertisements using vivid depictions of diseases caused by smoking are efficient at persuading smokers to give up.
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Which team role makes treatment decisions and assigns roles.
Answers
The team role that makes treatment decisions and assigns roles is : Team leader.
Who is a team leader?A team leader is someone who oversees the functionality of a workgroup by providing guidance and instruction.
Team leader monitor the progress of a team throughout the duration and successful completion of a project.
Qualities of a good team leader are :
Achieve goals in good time.Good leaders make a decisive commitment to a vision.Successful team leaders speak well and listen better.There, the team role that makes treatment decisions and assigns roles is the team leader.
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Why does the quantity of salt demanded tend tobe un responsive to changes in its price
Answers
The quantity of salt demanded tend tobe un responsive to changes in its price because salt is an inelastic good, the quantity demanded is unresponsive to price changes. This means that regardless of the price change, people will still buy it.
Salt is a product with a limited number of substitutes, and people may not spend a lot of money on it, so price increases do not bother them. Furthermore, it is a necessity with no close substitutes.
Thus, the demand for salt is inelastic i.e. any change in its price will not affect demand.
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the principal of a mortgage loan is the
a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment
Answers
The down payment less the closing charges less the purchase price is the mortgage loan's principle.
What does a mortgage look like in its simplest form?When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.
Why do individuals use mortgages?Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.
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Lilly, Briah, Chloe, and Terry are the directors and equal shareholders of Fantastic Holidayz Pty Ltd, a company that runs an exclusive airline company and operates in several high-rise office buildings in Melbourne. Briah is the Managing Director and Terry is the Chief Financial Officer. Lilly and Chloe are non-executive directors. The Company has adopted a written constitution which contains the following clauses: (36) A directors' meeting may be called by a director giving reasonable notice individually to every other director (37) Quorum for directors' meetings is four directors and the quorum must be always present during the meeting (42) A resolution of the majority of directors may resolve to remove another director of the company. Business is booming, and Fantastic Holidayz has made a great deal of money over the last few years. However, the Board of Directors have rejected Lilly's proposal to declare a dividend for the last 7 years in a row - and she is getting fed up. The other directors always outvote her, arguing that it is better to keep the profits in reserve and continue to expand the business. Terry is currently investigating the possibility of opening further destinations to their itinerary In October 2017 Lilly was overseas for a family funeral and on her return to Melbourne, she discovers that the other directors have met and passed resolutions to remove her as a director of the company. Lilly did not receive any notice of the director's meeting. In another resolution, the remaining directors voted to pay themselves $500,000 in bonuses - equating to the entire year's profit. Lilly is angry that she has been removed and not paid a bonus and comes to you for your professional advice and opinion. Further, Fantastic Holidayz has a longstanding agreement with several travel agencies, and in January 2018, Fantastic's financial accounts showed that one agency owed the company $85,000, and there was no applicable security Recently, Lilly discovered that by June 2018 the debt owing to Fantastic Holidayz had blown out to $200,000. Terry had approved additional credit without the knowledge of the other directors. He did this, even though the agency had been taking a long time to pay its overdue account. Additionally, there are now rumours that are insolvent, but this cannot be proven. REQUIRED: 1. Discuss whether Lilly can bring any action to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses? (5 marks) 2. Advise Lilly about the process and potential outcomes if the travel agency is placed into voluntary administration - and any implications of this on Fantastic Holidayz. (5 marks) 3. Advise Lilly about whether Terry has breached any of his statutory duties as a director of Fantastic Holidayz. Include in your answer the consequences of a breach of duty, whether Lilly could bring an action for compensation on behalf of the company against Terry, and whether there are any defences available.
Answers
It is important for Lilly to consult with a legal professional to assess the specific circumstances and determine the most appropriate course of action. Legal advice tailored to the jurisdiction and applicable laws should be sought.
1. Lilly's Challenge to Dividend Denial and Bonus Payment:
Lilly may have grounds to challenge the other directors' decision to deny dividends for several years and then pay themselves bonuses. The key considerations are as follows:
a) Breach of Fiduciary Duty: Directors owe a fiduciary duty to act in the best interests of the company. By consistently rejecting dividends despite profitable operations, the directors may be breaching this duty if their decision is not justifiable and reasonable. The decision to pay themselves bonuses without Lilly's approval further strengthens her case.
b) Unfair Prejudice: Lilly may argue that the denial of dividends and payment of bonuses unfairly prejudice her interests as an equal shareholder and director. This argument can be supported by the fact that dividends have been consistently denied for several years, and the bonuses were paid without her knowledge or consent.
c) Oppression of Minority Shareholder: If the other directors' actions substantially interfere with Lilly's rights as a shareholder and director, it could constitute oppression of a minority shareholder. Denying dividends and paying bonuses in a manner that excludes Lilly's interests may be viewed as oppressive.
Lilly can potentially bring legal action seeking remedies such as an injunction to stop the bonuses, an order for dividends to be paid, or a buyout of her shares at a fair value.
2. Travel Agency in Voluntary Administration:
If the travel agency owing $200,000 to Fantastic Holidayz is placed into voluntary administration, the process and potential outcomes can be summarized as follows:
a) Voluntary Administration: Voluntary administration is a process where an external administrator (usually a registered liquidator) takes control of the insolvent company to maximize returns for creditors. The administrator assesses the company's financial position and explores options, such as restructuring or selling the business.
b) Outcomes and Implications: During voluntary administration, the administrator may propose a Deed of Company Arrangement (DOCA) to the creditors. If approved, it could allow the travel agency to continue operating and repay the debt over an agreed period. Alternatively, if the company's financial situation is deemed irreparable, the administrator may recommend liquidation.
For Fantastic Holidayz, the outcome depends on the recovery of the debt. If the travel agency is unable to repay the owed amount, Fantastic Holidayz may have to write off the debt as a loss, potentially impacting their financial position. The impact could be significant if the debt is material to the company's operations.
3. Terry's Breach of Director's Duties:
Terry, as the Chief Financial Officer and a director of Fantastic Holidayz, may have breached his statutory duties. The key considerations are as follows:
a) Duty of Care and Diligence: Directors must exercise reasonable care, skill, and diligence in fulfilling their roles. Terry's approval of additional credit without the knowledge of other directors could be seen as a failure to exercise due care and diligence. The consequences of a breach may include personal liability for any loss suffered by the company.
b) Duty to Act in Good Faith and for Proper Purpose: Directors must act in good faith and in the best interests of the company. By approving additional credit for a customer with an outstanding overdue account, despite potential insolvency concerns, Terry may have breached this duty.
c) Consequences and Action for Compensation: If Terry is found to have breached his statutory duties, consequences may include personal liability for any loss suffered by the company due to his actions. Lilly, as a shareholder, may have standing to bring a derivative action on behalf of the company to seek compensation from Terry for any losses incurred.
d) Defenses: Terry may raise defenses such as relying on professional advice, acting in good faith, or having the belief that his actions were in the company's best interests. However, these defenses may not absolve him entirely from liability if his actions are found to be unreasonable or against the company's interests.
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When establishing an ad campaign in a foreign country, what does the difference in currency exchange rate affect the most?
A)the cost structure of the ad campaign
B)the creative strategy of the ad
C)media used for the advertisement
D)the company’s brand name
Answers
Answer:
Option A. The cost structure of the ad campaign
Explanation:
The reason is that the currency exchange rate effects the transactions of money from home to foreign or foreign country to home country. So the option with money transaction is option A.
The rest of the options are planning and are things that are not associated with the foreign transactions. So the remainder options are not the one which will be effected by the currency exchange rate.
Answer: A. The cost structure of the ad campaign
Explanation:
if you were employer,how can paying higher wages per hour effect your business?
Answers
ECONOMICS!! PLEASE HELP ME!!
Answers
True or false?
The law of diminishing returns states that as more variable inputs are added to production, the productivity of these inputs increases.
Answers
Answer:
that would be true
Explanation:
Find the center of mass of the tetrahedron bounded by the planes x=0,y=0,z=0,x+3y+2z= 6;rho(x,y,z)=z. 7b. Sketch the region of integration for the integral
Answers
The center of mass of the given tetrahedron is located at the point (1, 1, 1) in Cartesian coordinates.
To find the center of mass of a solid, we need to calculate the average position of all the infinitesimal mass elements that make up the solid. In this case, we can use the concept of triple integration to find the coordinates of the center of mass.
The region of integration for the integral can be visualized by sketching the tetrahedron bounded by the given planes. The planes x=0, y=0, and z=0 represent the coordinate axes, while the plane x+3y+2z=6 intersects the coordinate axes at points (6, 0, 0), (0, 2, 0), and (0, 0, 3), respectively. These points define the vertices of the tetrahedron.
To find the center of mass, we need to calculate the average values of x, y, and z by integrating the function ρ(x, y, z) = z over the tetrahedron and dividing by the total mass. By performing the necessary calculations, we find that the center of mass is located at the point (1, 1, 1) in Cartesian coordinates.
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Read the sentence.The investors could not handle the ups and downs so they removed their funds from the fluctuating market.Using the context clues, what is the meaning of the underlined word
Answers
Answer:
There is no underlined word
Which of the following is a widely reported and intuitively appealing risk index for analyzing data from a cohort study? Relative risk or risk ratio (RR) Absolute risk (AR) Odds ratio (OR) None of the above
Answers
Relative risk or risk ratio (RR) is a widely reported and intuitively appealing risk index for analyzing data from a cohort study.
The relative risk (RR) or risk ratio is a proportion that measures the ratio of risk (incidence rate) in exposed subjects to the risk (incidence rate) in non-exposed subjects. It compares the incidence of a disease in the exposed group with the incidence of the disease in the non-exposed group.Relative risk or risk ratio (RR) formula:
Risk Ratio (RR) = (a/a+b) / (c/c+d)
Where a is the number of cases in the exposed group, b is the number of non-cases in the exposed group, c is the number of cases in the non-exposed group, and d is the number of non-cases in the non-exposed group.
It can be used to describe how much more likely an exposed person is to have an outcome or disease than a non-exposed person. A value of 1 means that the exposure has no effect, a value greater than 1 means that the exposure increases the risk, and a value less than 1 means that the exposure reduces the risk.
Therefore, the correct option is: Relative risk or risk ratio (RR).
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A person with a diversified investment portfobo has
Answers
Instead of placing all of their money into one investment, a person with a diversified investment portfolio has spread their money across a variety of various asset classes and securities.
Importance of diversified investment portfolioA person with a diversified investment portfolio has invested their money across a range of different asset classes and securities, rather than putting all of their money into a single investment. The idea behind diversification is to reduce risk by spreading investments across different categories, so that a loss in one area is offset by gains in others.
For example, a diversified investment portfolio may include a mix of stocks, bonds, real estate, and commodities such as gold or oil. Within each category, the investor may also hold a range of different securities, such as stocks from different industries or bonds with varying levels of risk.
By diversifying their investments, an investor can potentially reduce their exposure to risks such as market volatility, economic downturns, or company-specific issues. This approach can help to protect their investment portfolio from significant losses and can potentially increase returns over the long term.
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How can the price of baseball bats be affected by the demand for paper
or the price of a catchers' mitts be affected by the demand for cheese?
Answers
Answer:
- Higher demand for paper, less wood for bats, the higher price of bats, OR less supply of bats.(have to pay a higher price for wood, and if price doesn't change, they have to make less).
- Higher demand for cheese, cows kept alive, leather is scarce, the higher price of mitts. (less supply because more of the resource is allocated to the milk instead of the leather).
Explanation:
The baseball bats, as well as, paper both, are made employing the resources generated from wood resources. Similarly, the catcher's mitts and cheese are made using the cows as the resource. If two products are made employing similar resources, an increase in the price of one leads to an increase in the other as well. This occurs primarily due to the fact that if the price of the first good increases, the producer of that good is likely to pay more to get the resource and sell the good at a higher price later. Thus, the other producer will either buy less and produce less or spend more to get the resource as per his need.
Which of the following formulas is used to compute the earliest start time of an activity, Ay?
Max{Earliest completion time(Ax)} where Ax is all activities providing input to Ay.
Min{Earliest start time(Ax)} where Ax is all activities providing input to Ay.
Min{Earliest completion time(Ax)} where Ax is all activities providing input to Ay.
Max{Earliest start time(Ax)} where Ax is all activities providing input to Ay.
Answers
The formula used to compute the earliest start time of an activity, Ay, is Min{Earliest start time(Ax)} where Ax is all activities providing input to Ay.
The earliest start time of an activity represents the earliest point in time at which the activity can begin within a project or scheduling network. To determine the earliest start time of an activity, we need to consider the dependencies or inputs required for that activity. In this case, we are interested in the activities providing input to activity Ay.
The formula Min{Earliest start time(Ax)} is used to compute the earliest start time of Ay. This means that we take the minimum value of the earliest start times of all activities (Ax) that provide input to Ay. By considering the earliest start times of these input activities, we can determine the earliest possible time at which activity Ay can start.
Using the minimum value ensures that we account for any dependencies or constraints imposed by the preceding activities. The earliest start time of an activity is influenced by the completion times of its preceding activities, as it must wait for its completion before it can begin. Therefore, we consider the earliest start times of the activities providing input to Ay to determine the earliest start time of Ay itself.
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PLEASE HELP NOW
Which is NOT a source of financing in the primary mortgage market?
Savings and loans
Mortgage bankers
Banks
Hedge funds
Answers
Answer:
Hedge funds
Explanation:
A mortgage is a long-term loan facility used to finance the purchase of homes and other properties. It is a long-term loan due to the high amount that needs to be borrowed. Customers in need of a mortgage facility may go to a bank, mortgage bankers, or savings and loan institution.
A hedge fund is a portfolio investment instrument. It is an association between a professional fund manager and investors. They pool their resources together in diversified investments. The investors are passive while the fund manager aggressively invests the funds r to generate higher returns to the investors.
You are working several plans and community organizations to sponsor an educational event. When putting together advertisements for this event, what should you do
Answers
Answer: Ensure that the advertisements indicate it is an educational event
Explanation:
Defining an advert and tailoring it's message to the exact plan you want is really important. where this can be implemented well is with the contents the advert is done. The content drives home the message, if the content is not designed to meet what you want or it's target audience well, it would drive a different message.
When putting together advertisements for this event, you should ensure that the advertisements indicate it is an educational event unless it would be seen as a marketing program, you can ensure this by the content through the content displayed
your client is asking how much they owe their vendors in quick books online
Answers
Answer:
Accounts Payable Aging Summary
Explanation:
Banks that practice fractional reserve banking are able to:
A. change the interest rates on loans for any reason.
B. provide financial services to customers at no cost.
C. lend most of the money they hold as deposits.
D. return all of their deposited cash at any time.
Answers
Answer:
C. lend most of the money they hold as deposits.
Explanation:
Banks that practice fractional reserve banking are able to lend most of the money they hold as deposits.
Fractional reserve banking is a banking system in which banks are required to hold only a fraction of the money deposited by customers in reserve while lending out the remaining amount to earn interest. The fraction of deposits that banks are required to hold in reserve is typically set by central banks or regulatory authorities.
This means that banks are able to lend out most of the money they hold as deposits, while still maintaining enough reserves to meet their obligations to depositors. This practice allows banks to earn interest on loans and generate profits, while also providing a source of credit for borrowers who need it.
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In a small openâ economy, national savingâ _____ investment and outputâ _____ absorption.
A.
does not have toâ equal; must equal
B.
mustâ equal; must equal
C.
does not have toâ equal; does not have to equal
D.
mustâ equal; does not have to equal
Answers
In a small open economy, national saving must equal investment and output does not have to equal absorption.
This is known as the saving-investment identity in an open economy, which states that the amount a country saves must be equal to the amount it invests. This is because in a small open economy, changes in national saving will affect investment, as domestic saving is typically the main source of funds for investment. Thus, if national saving is greater than investment, the excess funds will flow out of the country to fund investment opportunities in other countries. On the other hand, if investment exceeds national saving, the difference will be financed by borrowing from other countries.
Output, which refers to the value of goods and services produced by the economy, does not have to equal absorption, which refers to the total amount of goods and services consumed by domestic residents, government, and foreign buyers.
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is it ethical or unethical to cheat on your taxes? Explain why or why not
Answers
Answer:
it would be unethical to do that because you are breaking the law
Answer:
It would be unethical.
Explanation:
coconutoil2217 is correct, it would be unethical to cheat on your taxes.
An advantage that bureaucrats in federal government have over the president in the policymaking process is that bureaucrats.
Answers
The correct answer is option 3. They usually have a continuity of service in the executive branch that the President lacks.
The federal bureaucracy is the creation of Congress and the president. However, agencies autonomously set policy and exercise power. They legislate through rulemaking, carry out their missions through implementation, and resolve conflicts by listening to grievances, pursuing cases, and making decisions.
When formulating policies, bureaucrats have one major advantage over the president: They typically have a continuity of service in the Executive branch that the President does not.
The modern bureaucracy has several benefits, including:
It is relatively shielded from the whims of the President, and many of its bureaucrats are not appointed by politicians.The majority of bureaucrats are experts in their fields.There are fewer bureaucrats per person in the United States than in other industrialized countries.Red tape is unbiased and might possibly assist maintain fairness.Read more about Bureaucracy:
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An advantage that bureaucrats in the federal government have over the President in the policymaking process is that bureaucrats
1. control the budgetary process
2. have an independence from the President that is guaranteed by the Constitution
3. usually have a continuity of service in the executive branch that the President lacks
5. have better access to the media than the President
Deflation:_____.
a. can cause budget surpluses.
b. can lead to increased output.
c. does not affect output.
d. can lead to decreased output.
Answers
Deflation can lead to decreased output .
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
Deflation can lead to decreased output in a way that the demand of goods is way too high therefore the purchasing power is elevated. And the prices of goods is also lower.
Additionally, manufacturers may get skeptical about producing goods due to the low prices for the goods that affect them.
Although, it may seem like the fact that prices are lower is good, deflation can drastically affect the economy and lead into recession and depression.
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which 3 predefined management report templates will a client see in their company file?
Answers
The predefined management report templates that a client sees in their company file will be company overview, financial statements, and sales performance.
What is a management report?It should be noted that the management report is the collection of data that is used to make better decisions.
In this case, an example of the predefined management report templates is the financial statements which are written records that convey the business activities and the financial performance of a company.
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Erin's weekly health deduction from her check is $5.35. If his employer pays 80% of the premium, how much is her annual premium?
Answers
Answer:
Explanation:
I assume they are asking for the total premium paid per year, but I will also show just the amount she pays per year.
To figure out the total annual premium:
If the employer pays 80%, then the employee pays 20% (100%-80%).
Total Premium x .20% = 5.35
Total Premium = 5.35/.2 (20%)
Total Premium = 26.75 per week
Total annual premium is 26.75 x 52 weeks = 1,391
‘The employee only pays 20% or 5.35 per weekly paycheck. Her annual costs is 5.35 x 52 weeks=278.20