False. Under a liquidated damages clause, it is not necessary for the owner to prove that it suffered a loss in order to be entitled to withhold liquidated damages.
A liquidated damages clause is a provision in a contract that specifies the predetermined amount of damages that will be awarded if one party breaches the contract. The purpose of including a liquidated damages clause is to provide certainty and avoid the need for lengthy and costly litigation to determine the actual damages suffered by the non-breaching party. The amount specified in the liquidated damages clause is considered an agreed-upon estimate of the damages that would likely be incurred in the event of a breach. Therefore, if a breach occurs, the non-breaching party can enforce the liquidated damages provision without having to prove the actual loss suffered. This allows for a more efficient resolution of contract disputes.
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Whoosh Calendars imprints calendars with college names. The company has fixed expenses of $1,095,000 each month plus variable expenses of $6.50 per carton of calendars. Of the variable expenses, 68% is cost of goods sold, while the remaining 32% relates to variable operating expenses. The company sells each carton of calendars for $16.50.
Requirement:
1. Compute the number of cartons of calendars that Fast Spirit Calendars must sell each month to breakeven.
2. Compute the dollar amount of monthly sales Fast Spirit Calendars needs in order to earn $312,000 in operating income.
3. Prepare the company's contribution margin income statement for June for sales of 455,000 cartons of calendars.
4. What is June's margin of safety (in dollars)? What is the operating leverage factor at this level of sales?
5. By what percentage will operating income change if July's sales volume is 11% higher?
Original volume (cartons)Add: Increase in volumeNew volume (cartons)Multiplied by: Unit contribution marginNew total contribution marginLess: Fixed expensesNew operating incomevs. Operating income before change in volumeIncrease in operating income Percentage change
The number of cartons of calendars that Fast Spirit Calendars must sell each month to breakeven is 109500.
Breakeven1. Number of cartons
Number of cartons=fixed expenses/contribution margin per carton
Number of cartons=1095000/(16.5-6.5)
Number of cartons=109500
2. Target sales in dollars
Contribution margin ratio=contribution margin per carton/sales price per carton =
Contribution margin ratio=(16.5-6.5)/16.5
Contribution margin ratio=.61
Target sales in dollars=(fixed expenses + target operating income)/ contribution margin ratio
Target sales in dollars=(1095000+312000)/.61
Target sales in dollars=2,306,557
3. Contribution margin income statement
Sales revenue 7,507,500
(16.50x455,000)
Cost of goods sold 5,105,100
(6.50x455,000x68%)
Operating expenses 2,402,400
(6.50x455,000x32%)
Contribution margin 4,550,000
[(16.5-6.5)×455,000]
Fixed expenses 1095000
Operating income 3,455,000
(4,550,000-1,095,000)
4. Margin of safety (in dollars)
Sales revenue - sales revenue at breakeven = margin of safety ( in dollars) - ( sales price per carton x breakeven cartons) = margin safety in dollars
Margin safety in dollars=7,507,500-(16.5x109500)
Margin safety in dollars=7,507,500-1,806,750
Margin safety in dollars=5,700,750
Operating leverage factor =Contribution margin/operating income
Operating leverage factor =4,550,000/3,455,000
Operating leverage factor =1.316
Operating leverage factor =1.32 (Approximately)
5. Operating income
Operating income increase=Sales volume x operating leverage factor
Operating income increase=11%x1.32
Operating income increase=.1452
New volume=Original volume + increase in volume
{[455,000+45,500 x(16.5-6.5)]-1095000}-3,455,000
=[500,500x10)-1095000]-3,455,000
=(5,005,000-1095000)-3,455,000
=3,910,000-3,455,000
=455,000
455,000/3,455,000
=0.132
Inconclusion the number of cartons of calendars that Fast Spirit Calendars must sell each month to breakeven is 109500.
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working in office or in a bank is an example of❔
Answer:
White collar jobs
Explanation:
This work is situated in an office
Last week, when Mr. Wyatt filled his car with gas the odometer reading was 8,572. When he next filled it, the reading was 8,832. If the car took 13 gallons of gas during the second fill-up (which means the car used 13 gallons between the fill-ups!), what was the car’s average gas mileage between the fill-ups?
20 miles per gallon, was the car’s average gas mileage between the fill-ups.
We must figure out how far the car travelled between the two fill-ups and divide that number by the amount of gas it consumed during that period in order to arrive at the automobile's average gas mileage.
The distance between the two fill-ups was 8,832 minus 8,572 miles, or 260 miles. During that time, 13 gallons of petrol were consumed. As a result, the vehicle's average fuel efficiency throughout the course of the fill-ups was 20 miles per gallon (260 miles / 13 gallons).
As a result, the significance of the gas mileage between the fill-ups are the aforementioned.
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pricing is the only element of the marketing mix which gives a)rupee b) cost c) price d) sales revenue
How did Doug Flute’s Hail Mary pass demonstrate the marketing value of building high-profile sports programs? What are some ways colleges make revenue from their teams? How much money do college sports generate every year? How are college athletes compensated for their work as athletes? What are they NOT allowed to receive? Explain what happened in "Tattoo Gate." What was the punishment in this case? Best-selling author Michael Lewis argues that playing college sports impedes athletes from getting an education. How would you support his argument? The president of the NCAA argues that education combined with access to some of the best coaches in the world is adequate compensation for student athletes. Do you agree? Why or why not? After watching the video, do you think that college athletes should be paid? Why or why not? Do you think the lawsuit against the NCAA would be successful? Why or why not? Should fans of college sports be concerned about the alleged injustices in the NCAA? Why or why not? Do you think it’s fair that college athletes have to sign a contract that states that their images and likeness can be used by the NCAA forever without receiving any compensation? Why or why not?
Answer:
In order all answered :)
Explanation:
He throw the winning touchdown.
Televising their teams and marketing their university to the world. They make millions.
They are exploited to the tune in almost 15 million. The riches they create and are not given the education they are promised.
Ohio state football players received free tattoos and exchange for memorabilia. The players were suspended and had to repay the cash as well as the value of the tattoos. Unpaid athletes were fined by a billion-dollar organization that's gets paid by sponsors to decorate the athletes in corporate logos.
The Students spend too much time on their sports and not enough time on their school work.
I do not agree since the students have to spend most of their time playing sports instead of doing their school work, and yet the coaches expect them to pass classes and as soon as the players or no longer vital in the game they don’t get there scholarship for the following year, which is highly unfair.
I do believe that college athletes should be paid because they work and play. They can lose their spot so quick they also create the money that the coaches get.
I do believe the lawsuit against NCAA would be successful because there are so many athletes that are standing up. Other political people are noticing things and standing up and most importantly it is a rule that they get paid for the money the create by there name and being on the team.
I do believe fan of college sports should be concerned and I believe this because what it means to be a fan is to feel like you are with the brand and why would you want to associated yourself with injustice. There are also so many fans that can help do something about it.
I do not think it's fair for college athletes to sign a contract stating their likeness and image can be used by the NCAA forever without receiving any compensation. I believe this because it is wrong they create the money that these people get from games they should get a decent amount of it.
Neolithic people practiced metallurgy.
How did the advancement in technology. Benefit. Early humans
Answer:
the answer is D
Explanation:
Answer:
D. Metal was used to make stronger items that lasted longer
Explanation:
Did it on Edg.2020
Please mark brainliest
Marginal revenue is the change in total revenue resulting from the sale of the last unit. The marginal revenue generated from selling the 21st jacket is
To determine the marginal revenue generated from selling the 21st jacket, we need to have information about the total revenue generated from selling the previous 20 jackets and the 21st jacket.
Let's assume that the total revenue generated from selling 20 jackets is $500 and the total revenue generated from selling 21 jackets is $525.
Marginal revenue = Change in total revenue / Change in quantity sold
Change in total revenue = $525 - $500 = $25
Change in quantity sold = 21 - 20 = 1
Therefore, "the marginal revenue generated from selling the 21st jacket is $25...
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15. Why is unemployment a closely watched figure by the government?
16. Briefly explain the connection between a person’s level of education and his or her potential for employability and earnings.
Economics
Prompt
What should you do after writing something?
Answer:
revise, edit, cite sources.
Explanation:
Answer: Do something productive.
Explanation: Everyone has something to do.
Which of the following techniques helps a company learn more about its target market?
1. Market research
2. Publicity
3. Personal selling
4. Market segmentation
Answer:
Market research
Explanation:
T/F to be enforceable, a contract for a sale of goods priced at $50 or more must be in writing.
The statement, a contract for a sale of goods priced at $50 or more must be in writing is True ,
It is necessary to have written documentation or an electronic record of a contract for the sale of items costing $50 or more. Oral agreements to settle another party's debt are never upholdable. An oral agreement must be documented in writing by the party seeking to enforce it for it to be enforceable.
The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are: mutual assent, expressed through a contract-compliant offer,
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Because not all purchase intentions result in an actual purchase, retailers calculate the ________ to measure how effectively a decision to purchase a specific product results in a completed purchase.
Retailers determine the conversion rate to assess how well a choice to buy a certain product results in a completed purchase because not all purchase intentions result in an actual purchase.
The definition of conversion rate
Simply dividing the number of conversions by the total number of ad interactions that can be linked to a conversion within the same time period yields the conversion rate. Your conversion rate would be 5%, for instance, if you had 50 conversions out of 1,000 interactions, as 50 divided by 1,000 equals 5%.
What does sales conversion rate mean?
The number of conversions divided by the total number of visitors is the conversion rate. For instance, if an e-commerce site has 200 monthly visitors and 50 purchases, the conversion rate is 50 divided by 200, or 25%. Any desired action that you want the user to take might be referred to as a conversion.
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what is meant by business objectives
Answer:
Business objectives are something which a business organisation wants to achieve or accomplish over a specified period of time. These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
Answer:
Business objectives are something that a business organization wants to achieve or accomplish over a specified period of time.
Explanation:
These may be to earn profit for its growth and development, to provide quality goods to its customers, to protect the environment, etc.
1. what are the implications of the efficient markets hypothesis
for corporare managers?
2. State the efficient markets hypithesis
3. what are some common valuation multiples
The Efficient Markets Hypothesis suggests that stock prices reflect all available information, making it difficult for corporate managers to consistently outperform the market. They should focus on fundamental factors, allocate resources efficiently, and consider common valuation multiples to assess their company's value.
Overall, understanding the implications of EMH can help corporate managers navigate the market more effectively and make informed decisions that align with long-term shareholder value creation.
1. The implications of the Efficient Markets Hypothesis (EMH) for corporate managers are significant. According to EMH, stock prices fully reflect all available information, making it difficult to consistently outperform the market. This means that corporate managers may find it challenging to exploit mispriced stocks or time the market for their company's benefit.
As a result, managers must focus on fundamental analysis and long-term strategies to create value for shareholders. They need to make informed decisions based on reliable data and sound business principles, rather than relying on short-term market fluctuations. This includes investing in projects with positive net present value, optimizing capital structure, and making prudent financial decisions.
2. The Efficient Markets Hypothesis (EMH) states that financial markets are efficient and incorporate all relevant information into stock prices. It suggests that it is impossible to consistently outperform the market by exploiting available information.
3. Common valuation multiples include the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, price-to-book (P/B) ratio, and enterprise value-to-EBITDA (EV/EBITDA) ratio. These multiples are used to compare the market value of a company's shares to its financial performance or book value. For example, the P/E ratio compares the price of a stock to its earnings per share, providing an indication of how much investors are willing to pay for each dollar of earnings.
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The universal computer company uses a newly developed a1 chip in the manufacturer of their tablet computers. The estimated annual demand for this chip is 12,000 units. It is estimated that the cost to place an order is $75, and the holding cost for each chip is $20 per year. The company operates 320 days per year. Use the information in scenario 9. 3. What is the economic order quantity for the a1 chip? group of answer choices greater than 200 units but less than or equal to 250 units greater than 250 units but less than or equal to 300 units greater than 300 units less than or equal to 200 units
The economic order quantity (EOQ) for the A1 chip is greater than 250 units but less than or equal to 300 units.
The economic order quantity (EOQ) is a formula used to determine the optimal order quantity that minimizes the total cost of ordering and holding inventory. The formula for EOQ is given by:
EOQ = √[(2DS)/H]
Where:
D = Annual demand (12,000 units)
S = Cost to place an order ($75)
H = Holding cost per unit per year ($20)
Substituting the given values into the formula, we can calculate the EOQ:
EOQ = √[(2 * 12,000 * 75) / 20]
= √(180,000)
≈ 424.26
Since the EOQ represents the optimal order quantity, it should be rounded to the nearest whole number. Therefore, the economic order quantity for the A1 chip is greater than 250 units but less than or equal to 300 units.
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OMG! Does anyone remember the commercial that goes “1-800-CONTACTS”
Answer:
YESSSSSS I DOOOOOO THAT THING WAS WERIDDDD
Answer:
Yes
Explanation:
Every T account has two sides, credit and credit side.
True
False
Answer:
False
Explanation:
The two sides are DEBIT and credit.
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
A term used to know the grouping of instruments
Answer:
Explanation:
In most cases, a larger classical group is referred to as an orchestra of some type or a concert band. A small orchestra with fifteen to thirty members (violins, violas, four cellos, two or three double basses, and several woodwind or brass instruments) is called a chamber orchestra
the mattaponi river contributes a load of 60 million pounds of nitrates every four months into the chesapeake bay estuary. calculate the yearly load of nitrates into the chesapeake from this tributary river
The Mattaponi is an interesting canal to explore in part because of that current. Another is the high quality of the water, which is largely due to the watershed's intact forest cover.
x=180 million lbs of nitrates when 60/4=x/12 is converted to 60*12=4x and 720/4=x.
The Mattaponi is comprised of what rivers?
The Mat River and Ta River in Spotsylvania County make the Matta River, the Po River and the Ni River in Caroline County form the Poni River, and the Matta and Poni Rivers in Caroline County combine to form the Mattaponi River.
The Mattaponi River is located at.
Before joining the Pamunkey to become the York River, the Mattaponi River travels for 85 miles across the eastern Virginia coastal plain.
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Mary is earning a weekly salary of $521.60 as a payroll clerk. She has accepted a new assignment in the tax-processing department. In her new position, she will be paid an annual salary of $30,534.00. How much more would she earn per week in her new position?
Answer:
$65.60
Explanation:
Mary's current is $521.60.
In her new position, she will be earning $30,534.00. Her new weekly income will be as follows. Assuming one year has 52 weeks.
New pay = $30,534.00/ 52
New pay =587.20
In her new job, she will earn more by( $587.20 - $521.60.) =$65.60
=$65.60
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUconomic progress often leads to multiple choice question. adoption of a democratic government. higher growth rates in a command economy. higher growth rates in a planned economy. adoption of a totalitarian regime.
Economic progress often leads to adoption of a democratic government.
How is democracy a result of economic growth?Higher levels of economic freedom, lower inflation, lower political instability, and higher levels of human capital accumulation are all indicators of democracies. Democracy is intimately linked to economic growth factors like longevity and educational levels through advancements in educational and medical institutions.
What factors determine economic progress?Three fundamental elements propel economic expansion: building up of capital stock. increases in the number of workers or hours worked, for example. technological progress.
What is economic advancement?What Economic Progress Means. Economic progress can be seen as an improvement in a society's capacity to generate more and better goods and services while using the same or similar resources.
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your school decides to build a new performing arts center. what is the opportunity cost of constructing the new performing arts center
Answer:
C) any other good or service that cannot be provided right now due to resources used for the new performing arts center
Explanation:
Here is the full question :
our school decides to build a new performing arts center. What is the opportunity cost of the performing arts center?
(A) the money used in construction of the performing arts center
(B) the cost of building the performing arts center now rather than waiting until next year
(C) any other good or service that cannot be provided right now due to resources used for the new performing arts center
(D) cannot be determined without knowing what the next best option was for using the resources that went to the performing arts center
(E) none of the above
Opportunity cost is the cost of the next best option forgone when one option is chosen over other alternatives.
the funds used in building the new performing arts center would not be available for other activities. these activities forgone is the opportunity cost.
the money used in construction of the performing arts center is the real cost
Only the real cost is used in calculating accounting cost. While, opportunity cost and real costs are used in calculating economic cost
Need a girls opinion. : ) PLease
Answer:
what's up bro im here !!!!
Answer:
yes?
Explanation:
do you need help or advice on something?...
HEEELLLLPPPP!!!!!!!!!!!!!!!!!!!!!
Answer:
W-2, 1099, 1040, I-9, W-4
Explanation:
5. Paulie Mateja purchased a digital camera for $699.99. The store charged 4.65% sales tax. What was the camera's total pur- chase price? A $703.64 B $732.54 C $753.64 D $767.54
Answer:
B : 732.54
Explanation:
1. 4.65% over 100% times with 699.99 = 32.55
2. plus 32.55 with 699.99
What is debt??????????
Answer:
Debt is something, usually money, borrowed by one party from another. ... A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.
Answer:
Debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon
Explanation:
What are some ways you deal with stress at school or at home? How could you use those techniques in the workplace? PLZZZZZ!!!!
Some ways to deal with stress at school or at home is as follows:
1. Stop when you need to.
2. After finishing, treat yourself.
3. When you have free time, spend it with your loved ones.
4. Sleep for eight hours each night.
5. Never miss a meal and never skip breakfast.
6. Reflection
7. If you have a desk job, stand up and stretch your legs.
How to reduce stress at work?The APA poll revealed that individuals who often experience tension or stress at work are more than three times as likely to indicate they plan to look for employment elsewhere in the upcoming year (71% vs. 20%) than employees who don't experience such stress.
Employees who have some degree of autonomy over their work schedules tend to be happier than those who are subject to stricter work-hour regulations. Most employees value having flexible work hours because it allows them to escape traffic, exercise in the morning, or walk their pets before dusk. Allow staff to work from home if the job can be done remotely, or use a hybrid approach if it can.
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Look for _____ in research information showing preferential treatment or consideration regardless of legitimate reasoning.
credibility
relevance
bias
additional sources
Answer:
bias
Explanation:
bias is the true anwer