Answer:
margin ratio = 0.41 unit contribution margin = 7
Explanation:
contribution margin ratio = (revenue - variable cost)/ revenue
revenue = 25500 * 17 = 433500
total variable cost = 25500 * 10 = 255000
(433500 - 255000)/433500
178500/433500 = 0.41
unit contribution margin = (Revenue – Variable Costs) / Units Sold
= (433500 - 255000) / 25500
= 178500/ 25500
= 7
Marc and michelle are married and earned salaries this year of $70,400 and $14,400, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $1,300 from corporate bonds. Marc contributed $3,300 to an individual retirement account, and marc paid alimony to a prior spouse in the amount of $2,300. Marc and michelle have a 10-year-old son, matthew, who lived with them throughout the entire year. Thus, marc and michelle are allowed to claim a $2,000 child tax credit for matthew. Marc and michelle paid $7,600 of expenditures that qualify as itemized deductions and they had a total of $6,665 in federal income taxes withheld from their paychecks during the course of the year
Answer:
Since we are not given any specific year, I will use the 2020 tax schedule:
Marc and Michelle's gross income = Marc's and Michelle's salaries + interest from corporate bonds = $70,400 + $14,400 + $1,300 = $86,100
they should choose the standard deduction since it is higher than their itemized deductions = ($24,400)
contribution to IRA = ($3,300)
Marc and Michelle's taxable income = $58,400
Marc and Michelle's tax liability = $1,975 + [12% x ($58,400 - $19,750)] = $6,613
Alimony payments are not longer tax deductible and interests on municipal bonds is not taxable.
Since their income tax withholdings exceed their tax liability, they should get a refund for $6,665 - $6,613 = $52
Also, since they are allowed a $2,000 child tax credit, but they do not owe any more taxes, they are entitled to a $1,400 refund.
Total refund for 2020 = $1,452.
Derick wants to purchase an existing business in the service industry. However, he does not want to use the traditional sources of information that entrepreneurs generally use to make the purchase. Which of these statements refers to an alternative source that Derick can use to locate businesses up for sale?
A.
He could hire the services of a business brokerage company.
B.
He could refer to websites that provide such details.
C.
He could contact businesses through details provided in trade magazines.
D.
He could ask his accountants and lawyers if any of their other clients want to sell their businesses.
E.
He could refer to “business for sale” advertisements listed in the classified sections of newspapers.
Answer:
The answer is D
Explanation:
I got it right on my quiz. :)
A financial institution discovers a positive correlation between poor budgeting skills
and high debt. How can they use that information to improve their customer
experience?
Since there is a positive correlation between poor budgeting skills and high debt, the way that this information can help improve their customer experience is that it will help people to know that the need to do budgeting as well as money management skills if they do not want to fall into debt and knowledge of it will make them to be debt free.
What is bad financial management?When credit facilities are used to purchase products that a person cannot afford out of their salary, poor financial management is taking place. People can obtain funds to pay for goods they ordinarily couldn't afford through the use of credit cards, personal loans, shop cards, catalogs, and overdrafts.
Therefore, Overspending is a simple consequence of poor financial management. It's crucial to plan ahead for sizable bills. Saving money for your next major buy before using your credit cards is far more satisfying. If you are careless, it may result in more debt that rapidly spirals out of hand.
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Which of the following is NOT part of the promotional mix?
Question 20 options:
Physical Distribution
Public Relations
Advertising
Sales Promotion
Answer:
A- Physical Distribution
Explanation:
Advertising.Public relations or publicity.Sales promotion.Direct marketing.Personal selling.Physical Distribution is part of marketing mix therefore it is A.
XYZ Company plans to sell 11,000 units of its product in January and another 10,000 in February. The beginning balance of finished goods is 1,100 on January 1 and XYZ Company wants an ending balance on January 31 of 1,000 units. How many units of its product should XYZ Company produce during January to meet its goals?
a. 9,900
b. 10,900
c. 11,000
d. 12,000
Answer:
10,900 units
Explanation:
The applicable formula is the formula for calculating the cost of goods sold, COGS.
COGS = The applicable formula is the formula for calculating the cost of goods sold, COGS.
COGS = Beginning inventory + purchases - closing inventory
In this case, COGS will be 11,000 units: Beginning balance 1100 and ending balance of 1000.
11,000 = 1100 + P -1000
11,000 = 1100-1000 +P
11,000 = 100 + P
P= 11,000 -100
P= 10,900
Productions should be 10,900
(a) A family consist of a baby, a child attending nursery school and working parents, decide to prepare a budget for 3 months has a limited income and decides to purchase a food processor instead of a television set.
Suggest TWO possible reason for this decision.
Answer:
bhosdi ke kute gal chode
A credit sale of $2,500 to a customer would result in:A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger. A debit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable ledger. A credit to the Accounts Receivable account in the general ledger and a credit to the customer's account in the accounts receivable ledger. A credit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger.
Answer:A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger.
Explanation:
In Recording a Credit Sale in the general Ledger, the following should be made
Account Debit Credit
Accounts receivable $2,500
Sales revenue $2,500
In Recording a Credit Sale in the accounts receivable ledger, the following should be made
Account Debit Credit
Cash(Customer's account) $2,500
Accounts receivable $2,500
Therefore, A credit sale of $2,500 to a customer would result in A debit to the Accounts Receivable account in the general ledger and a debit to the customer's account in the accounts receivable ledger
you own 100 shares in each of three companies, each company pays a dividend. gillete pays 1.15 per share in dividends, general electric pays .79 per share in dividends and hersheys food pays .84 per share in dividends how much do you collect from all 3 companies in dividend
Answer:
$278
Explanation:
100 * 1.15 = $115
100 * .79 = $79
100 * .84 = $84
$278
Hope this helps
Who did first recognize the importance of human resources of an organization?
Peter Drucker was the first to understand the value of human resources in a organisation. Peter Drucker was an author, educator, and business consultant of Austrian descent.
Peter Drucker is revered as the founder of modern management and is recognised as one of the first to understand the significance of human resources in businesses. The most valuable resource in an organisation, according to Drucker, are its employees, who should be developed and managed in a way that fully realises their potential. He placed a strong emphasis on finding, keeping, and developing outstanding people and held that an organization's capacity to successfully manage its human resources played a significant role in its success. Human resource management has benefited greatly from Drucker's ideas, which still have an effect on organisations today.
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2) Which of the following would an economist classify as
capital?
A) natural resources
B) a deposit of silver
C) entrepreneurship
D) land
E) a computer
An economist would classify option E) a computer as capital. In economics, capital refers to the physical assets or tools that are used in the production process to create goods or services. It includes machinery, equipment, buildings, and other resources that are used to generate income.
In this case, a computer is considered capital because it is a tangible asset that is utilized in various industries for production purposes. It is a tool that enhances productivity and efficiency in tasks such as data processing, analysis, communication, and other functions. Companies invest in computers as part of their capital expenditure to improve their operational capabilities and ultimately contribute to their production processes.
A computer is an example of capital as it is a valuable tool that enables businesses to perform various tasks efficiently. It can be used for data analysis, communication, research, design, and many other functions that contribute to the production and delivery of goods or services. Companies invest in computers as part of their capital investment to improve their operational capabilities and gain a competitive advantage.
Therefore, the only option that represents capital in the given choices is option E) a computer.
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Capital Chemicals Corp. recently faced a legal hassle after which many of its process operators resigned voluntarily. Thereafter, the company faced a shortage of efficient and experienced process operators. Which of the following kinds of turnovers does this scenario exemplify?A) Dysfunctional turnover.
B) Reactive turnover.
C) Regressive turnover.
D) Functional turnover.
Answer: Dysfunctional turnover
Explanation:
Henry, a trainer at MyChem Inc., schedules training on handling hazardous chemicals for a group of newly hired employees. The training complies with OSHA regulations and is given to all employees upon hire along with periodic refreshers. The type of training described in this scenario is _____.
Answer:
Hazard Communication Standard (HCS) training program
Explanation:
The type of training described in this scenario is known as the Hazard Communication Standard (HCS) training program. This is a employee training program designed with the goal of explaining and reinforcing the written information regarding hazard labels and material safety data sheets, as well as how to behave around hazardous material and to apply this information to their workplace.
An accumulated deficit means a company has ______. Multiple choice question. a contra-asset account due to losses accumulated more net losses than net income Treasury Stock that it repurchased at a cost that was higher than the issuance price dividends in arrears
Based on accounting principles, an accumulated deficit means a company has "accumulated more net losses than net income."
This is because the accumulated deficit is generally considered to be a "negative retained earnings balance."
In other words, accumulated deficit is the total summation of the losses and dividends paid by a company that supersedes the profits gained by the company.
Hence, in this case, it is concluded that the correct answer is option B. "accumulated more net losses than net income."
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What are some of the ripple effects of food waste
Answer:
Increased wastage of food can prompt expanded quantities of one, which would then be able to place the second in the chain out of equilibrium. The frameworks in the chain are touchy, and even the littlest changes can have an expanding influence on a biological system, lessening its biodiversity.
Explanation:
Current liabilities are $10,000, long-term liabilities are $20,000, common stock is $50,000, and retained earnings totals $70,000. How much is total stockholders' equity?
Total equity of stockholders' is $120,000
Stockholders' equity, also known as shareholder's equity or owners' equity, is the portion of a company's assets that is owned by its shareholders. It is calculated by subtracting total liabilities from total assets. In this case, current liabilities are $10,000, long-term liabilities are $20,000, common stock is $50,000, and retained earnings totals $70,000. To calculate total stockholders' equity, (Common stock and retained earnings are both elements of stockholders' equity. Common stock of $50,000 plus retained earnings of $70,000 equals $120,000 in stockholders' equity.) This means that the total stockholders' equity is $120,000. It is important to note that this amount represents the residual interest in the assets of the company after deducting all its liabilities.
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Is simping okay? i need womans advice
Answer:
Yes, as long as u know the limits :D.
Explanation:
Answer:
simping is A OK in my book UvU
Explanation:
if you borrow $25,000 at an interest rate of 9%, compounded annually with the following repayment schedule, what is the required amount a?
Adding the annual interest rate raised by the number of compound periods minus one to the principal, or the amount borrowed at the outset, and multiplying by one.
What is compounded annually?English definition of interest compounded annually: a way to calculate and apply interest on a loan or investment once a year rather than over a longer period of time: After the first year, you would owe $5,250 on a principal of $105,000 if you borrowed $100,000 at 5% interest compounded annually.Monthly compound interest is calculated using the formula CI = P(1 + (r/12)).P = 12t - r, where r is the interest rate expressed as a decimal, P is the principal amount, and t is the duration.P (1+ i/n)n, Compound interest that is compounded annually can be determined using this formula. Thus, you only get interest once a year. You continue to get interest on the new sum while it is applied to your principle.To learn more about interest refer to:
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Have been shifting their innovation strategy toward a model designed to blend internal knowledge with external knowledge by sourcing strategic alliances. This example best represents the?
Have been shifting their innovation strategy toward a model designed to blend internal knowledge with external knowledge by sourcing strategic alliances. This example best represents the open innovation framework.
A business management strategy for invention called "open innovation" encourages cooperation with individuals and groups outside the enterprise. Open innovation challenges represent a genuine cultural shift away from the corporate silo mentality and the secrecy that have historically been associated with corporate R&D cultures.
One company that has prospered after completely embracing open-source technologies is Netflix. The most common kind of open innovation is open-source technology, according to a recent survey by Economist Impact and SUSE.
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which marketing strategy would a firm be using if it decided to begin selling its products in another market, for example, region, state, or country, for the first time? multiple choice
Competitive advantage would a firm be using if it decided to begin selling its products in another market, for example, region, state, or country, for the first time.
What is Competitive advantage?A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a competitive edge. These elements enable the producing unit to outperform its competitors in terms of sales or margins.
Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
Comparative and differentiated advantages are two types of competitive advantages. A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.
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Primarily because they require limited resources, ____________ businesses are the fastest-growing segment of small-business enterprise.
Answer:
Retail
Explanation:
They're less of a hassle to get started because they are independent.
Why is price important to a company?
A.
It covers their costs.
B.
It is a part of the marketing mix.
C.
It makes customers purchase their products.
D.
It brings the company profits and decides its ability to survive in the market.
Answer:
B. It is a part of the marketing mix.
Explanation:
Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.
Price is important to a company because it is a part of the marketing mix.
Generally, a marketing mix is made up of the four (4) Ps;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.
what are some basic marketing strategies
Claim Your Business Online.
think positively.ALWAYS THINK POSITVE!!!
promote it n social media.
be loud to people to everybody be aware of your buisness.
Advertise Online.
HOPE this helps
take care have a good day
The following information is available for October for UAE Company. Beginning inventory $500,000 Net purchases 1,200,000 Net sales 2,400,000 Percentage markup on sale 30% A hurricane destroyed UAE’s May 31 inventory. Using the gross profit method, what is the cost of the estimated ending inventory destroyed by fire?
To calculate the cost of the estimated ending inventory destroyed by fire using the gross profit method, we need to determine the gross profit percentage and apply it to the net sales.
First, let's calculate the cost of goods sold (COGS) for the period. We can use the formula:
COGS = Beginning Inventory + Net Purchases - Ending Inventory
Since the ending inventory was destroyed, we need to estimate its cost using the gross profit method. The formula for estimating the ending inventory using the gross profit method is:
Ending Inventory = Net Sales - Gross Profit
Beginning Inventory = $500,000
Net Purchases = $1,200,000
Net Sales = $2,400,000
Percentage Markup on Sale = 30%
First, calculate the COGS:
COGS = $500,000 + $1,200,000 - Ending Inventory
Next, calculate the Gross Profit:
Gross Profit = Net Sales - COGS
Gross Profit = $2,400,000 - (Beginning Inventory + Net Purchases - Ending Inventory)
To calculate the Gross Profit Percentage:
Gross Profit Percentage = (Gross Profit / Net Sales) * 100
Once we have the Gross Profit Percentage, we can estimate the ending inventory destroyed by fire:
Ending Inventory = Net Sales - (Gross Profit Percentage * Net Sales)
Performing the calculations using the given data will provide the specific values for COGS, Gross Profit, Gross Profit Percentage, and the estimated cost of the ending inventory destroyed by fire.
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What is the difference between margin account vs cash account?
The difference between margin account vs cash account is of Trading Capabilities, Risk and Requirements.
Here are the main differences between the two:
Trading Capabilities:
Cash accounts, In a cash account, you can only trade with the money you have deposited into the account. You cannot borrow funds from the broker to make trades.
Margin accounts, In a margin account, you can borrow money from your broker to purchase securities. This means you can buy more shares than you would be able to with just the cash in your account.
Risk:
Cash accounts, Trading in a cash account is considered less risky because you can only use the funds you have deposited. You cannot lose more money than you have in the account.
Margin accounts, Trading in a margin account can be riskier because you can borrow money from the broker. This means that losses can exceed the amount of cash in your account, and you can end up owing your broker money if your trades go against you.
Requirements:
Cash accounts, To open a cash account, you only need to deposit the minimum amount required by the broker.
Margin accounts, To open a margin account, you need to meet the broker's minimum requirements, which typically include a certain amount of cash and securities in your account, and you must also agree to the terms and conditions of the margin account.
In summary, the key difference between a margin account and a cash account is the ability to borrow funds from the broker to make trades. Margin accounts allow you to take on more risk and potentially make larger gains, but they also come with the risk of losing more money than you have in the account. Cash accounts are considered less risky, but you have limited trading capabilities since you can only use the cash you have deposited in the account.
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3. State the underlying condition that a firm applies while hiring workers.
Answer:
Minimum wage
Explanation:
Minimum wage can affect the number of workers and wage paid to those workers, dependant on if it is a monopsony or PC firm hiring, the number of workers hired and wage paid will differ.
you can create _____ models using the scenario manager dialog box.
You can create "What-If" models using the Scenario Manager dialog box in Microsoft Excel.
The Scenario Manager allows you to analyze different possibilities or scenarios within your data by modifying the input values, and then observing the resulting changes in the output.
To create a What-If model using the Scenario Manager, follow these steps:
1. Open the Excel workbook containing the data you want to analyze.
2. Click on the "Data" tab in the Excel Ribbon, and then click on "What-If Analysis" in the Forecast group.
3. Select "Scenario Manager" from the drop-down menu. The Scenario Manager dialog box will appear.
4. Click on the "Add" button to create a new scenario. Enter a name for the scenario, and select the input cells you want to modify by clicking on the "Collapse Dialog" button next to the "Changing Cells" field.
5. Enter the values for the input cells in the "Scenario Values" dialog box, and click "OK."
6. Repeat steps 4 and 5 for each additional scenario you want to create.
7. Once all scenarios have been created, you can view them by selecting the desired scenario in the Scenario Manager dialog box and clicking on the "Show" button.
Using the Scenario Manager, you can create What-If models that allow you to analyze the impact of various scenarios on your data, enabling you to make informed decisions based on different possible outcomes.
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Ajax Lighting manufactures and sells street and parking lot lights, such as those on the Fayetteville trail system. Ajax has the best LED lighting technology in the industry. It is a significant competitive advantage. There are only two other companies in the nation that make competitive products. Growth in this industry is about 2% a year or less. Ajax can enjoy sustained competitive advantage because they are in a _________ market
Answer: slow cycle
Explanation:
Based on the information given, Ajax can enjoy sustained competitive advantage because they are in a slow cycle market.
Slow-cycle markets refers to the markets whereby the competitive advantages of a firm are protected from imitation, which is usually for long periods of time and in this scenario, imitation is usually costly. Therefore, in this market, competitive advantages are usually sustainable
In the Solow model, if y equals 2 square root of k, s=0.25, n=0.1, d=0.4, what is the value of the steady-state capital per worker k?
A. 4
B. 3
C. 1
D. 2
the steady-state capital per worker (k) is 4.
In the Solow model, the steady-state capital per worker (k) is determined by the equation:
\(s * y = (n + d) * k\)
Plugging in the given values for y, s, n, and d, we get:
\(0.25 * (2 * sqrt(k)) = (0.1 + 0.4) * k\)
Simplifying the equation gives us:
\(0.5 * sqrt(k) = 0.5 * k\)
Squaring both sides of the equation gives us:
\(0.25 * k = 0.25 * k^2\)
Dividing both sides of the equation by \(0.25 * k\) gives us:
1 = k
Therefore, the steady-state capital per worker (k) is 4.
So the correct answer is A. 4.
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International business facilitates the mobility of all of the following factors of production EXCEPT:
a) Technology
b) Capital
c) Laborers
d) Land
e) Managers
International business facilitates the mobility of all of the following factors of production EXCEPT land. This is the correct option among the given options.
What is international business?
International business is the trade of goods, services, technology, capital, or knowledge across national borders and at a global or transnational level. This can also be referred to as cross-border business, overseas business, or global business. It is characterized by the transaction between different countries, people, and different business institutions.
The factors of production are the resources required for the production of goods and services. International business is involved in the movement of all factors of production that include capital, laborers, technology and managers but it excludes land.
Technology - International business involves the transfer of technology, ideas, patents, copyrights, and licenses from one country to another. By leveraging technology transfer, businesses can gain a competitive edge and reduce research and development costs.
Capital - Capital, which is defined as investment funds, is crucial for international business as it enables firms to finance operations in foreign countries, invest in technology, research and development, and purchase raw materials.
Laborers - International business requires human resources, such as laborers and managers, to operate. Businesses must address cultural and linguistic differences, work permits and visa requirements, and adhere to local labor laws.
Managers - International businesses require skilled managers to oversee operations, plan strategies, and manage teams. They must navigate cultural and legal differences and comply with local regulations to succeed in foreign markets.
Land - International business does not facilitate the mobility of land. However, businesses must deal with laws and regulations regarding land ownership in foreign countries. They also need to purchase or lease land to establish their operations in foreign countries.
International business helps to utilize all these factors of production efficiently and effectively for producing goods and services for different countries.
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The Federal Reserve uses ____ when it lowers the interest rate charged to banks on short-term loans.
There are different ways to keep money. The Federal Reserve uses fiscal policy when it lowers the interest rate charged to banks on short-term loans.
What is fiscal policy?Fiscal policy is simply known as a kind of policy where there is the use of government spending and taxation to influence some alterations in the economy.
Governments often use fiscal policy to boast strong and sustainable growth and lower the rate of poverty in the country.
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