The contribution margin for Sam's Bookstore for the first quarter is $1,30,000
How to calculate the contribution margin?Contribution Margin = Sales - COGS- Variable Selling Expenses- Variable Administrative Expenses
Number of Books Sold= Sales Reported/ Average Selling Price per Book
= $900,000/$60
= 15,000 books
Total Variable Selling Expenses= Number of Books x Selling Expense per unit
= 15,000 books x $6 per book
= $90,000
Total Variable Administrative Expenses= Reported Sales x sales %
= $900,000 x 5%
= $45,000
Contribution Margin= Sales - COGS - Variable Selling Expenses- Variable Administrative Expenses
= $9,00,000 - $6,35,000 - $90,000 - $45,000
= $1,30,000
Thus, the contribution margin for Sam's Bookstore for the first quarter is $1,30,000
What is a contribution margin?We can present the contribution margin as a gross or per-unit figure.After deducting the variable portion of the company's costs, it represents the additional revenue made for each product or unit sold.By subtracting the variable cost per unit from the selling price per unit, the contribution margin is calculated.The measure, which is also referred to as dollar contribution per unit, shows how much a specific product contributes to the company's overall profit.It offers a means of illustrating the profit potential of a specific good or service a business offers, as well as the percentage of sales that goes toward paying the business' fixed expenses.Profit is defined as any revenue that remains after covering fixed costs.The complete question is:
An income statement for Sam's Bookstore for the first quarter of the year is presented below:
Sam's Bookstore Income Statement For Quarter Ended March 31
Sales= $9,00,000 , Cost of goods sold= $6,35,000 ,
Gross margin= $2,65,000
Selling and administrative expenses:
Selling= $1,01,000 , Administration= $1,06,000 ,
Net operating income= $58,000.
On average, a book sells for $60. variable selling expenses are $6 per book with the remaining selling expenses being fixed. the variable administrative expenses are 5% of sales with the remainder being fixed. The contribution margin for Sam's Bookstore for the first quarter is?
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suppose we use a baseball to represent earth. on this scale, the other terrestrial worlds (mercury, venus, the moon, and mars) would range in size approximately from that of (fill in the blank).
suppose we use a baseball to represent earth. on this scale, the other terrestrial worlds (mercury, venus, the moon, and mars) would range in size approximately from that of golf ball to baseball.
Just compare the minimum and maximum size of each group. Make a correct scale comparison.
Circumference of Mercury:
15,329 kilometers
Circumference of Mars:
21,344 kilometers
(The largest member is about 1.4 greater than the smallest member)
Now look at the scope of the objects in another group.
Range of dust spots:
too small to measure
Golf ball circumference:
42.6mm:
Circumference of base sphere:
230mm
Water polo circumference:
550mm
Basketball circumference:
750mm
None of them has a size difference of 1.4, so we need to get it as close as possible. These are golf balls and baseballs.
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kleen company acquired patent rights on january 10 of year 1 for $2,800,000. the patent has a useful life equal to its legal life of eight years. on january 7 of year 4, kleen successfully defended the patent in a lawsuit at a cost of $38,000. question content area a. determine the patent amortization expense for year 4 ended december 31. $fill in the blank dacebefc2fadf9e 1 question content area b. journalize the adjusting entry on december 31 of year 4 to recognize the amortization. if an amount box does not require an entry, leave it blank. blank - select - - select - - select - - select -
Cost of amortization for the fourth year: 357,600
a journal entry : Debit for amortization of 357,600
357,600 in credits from patents
How do you calculate amortization cost? Divide the initial cost of the patent by the estimated lifespan of the patent to determine the amortization. The amortization of the patent is the outcome.Subtract the asset's initial value from its residual value. Subtract that amount from the asset's useful life. The amount you can amortize each year is the outcome. Divide the starting value by the lifespan if the asset has no residual value.Spreading the cost of an intangible asset across its useful life is referred to as amortization. Spreading the cost of a tangible object across its anticipated life is referred to as depreciation. Patents are amortized because they are intangible.Given data :
Instead of using the legal life to determine amortization, we must utilize the useful life. Because only during the patent's useful life can we use it to produce a positive cash flow.
2.800,000,000 / 10 = 350,000 annually
third-year balance:
2,800,000 - 350,000 x 3 = 1,750,000
Capitalizing into the patent account and amortizing over the remaining life of the patent is the successful defense of a patent.
As a result, we increase by the defense: 1,750,000 + 38,000 = 1,788,000.
The expected lifespan is five years.
1,788,000 / 5 equals 357,600 annually.
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According to Lewin and Schein's 3-stage model of organizational change, which of the following tasks would be found in the 'unfreezing' stage? a. Monitor progress against success criteria; b. Establish controls to ensure change is occurring; c. Establish processes and systems to institutionalize change; d. Assign leaders and implementation team
The task that would be found in the "unfreezing" stage, according to Lewin and Schein's 3-stage model of organizational change is, Assign leaders and implementation team. Correct answer: letter D.
This is because, Assigning leaders and implementation team is a task that would be necessary in order to unfreeze an organization from its current state.
What is Lewin and Schei's 3-stage model of organizational change?The three-stage model of organizational change was first proposed by Kurt Lewin in the 1940s and later expanded upon by Erik Schein. The model posits that organizational change occurs in three distinct phases:
In the unfreezing phase, individuals are made aware of the need for change and begin to let go of old ways of doing things. In the changing phase, new behaviors and ways of thinking are learned and adopted. In the refreezing phase, the new behaviors and ways of thinking become the new norm and are stabilized.Learn more about model of organizational change:
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For most commercial property types, lease lengths can vary considerably. Therefore, both parties must tradeoff between the advantages and disadvantages associated with particular leasing terms. Owners may prefer longer leases for all of the following reasons EXCEPT:
A. Delay of re-leasing costs
B. Reduction of risk associated with declining interest rates
C. Gain flexibility
D. Stability of future cash flowsC. Gain flexibility
Owners may prefer longer leases for the reason of Gain flexibility.
Lease.
Lease refers the agreement whereby the lessor conveys to the lessee in return for. a payment or series of payments the right to use an asset for an agreed period of time.
Given,
For most commercial property types, lease lengths can vary considerably. Therefore, both parties must tradeoff between the advantages and disadvantages associated with particular leasing terms.
Here we need to find the reason for the owners may prefer longer leases.
While we looking into the given question we have identified that, for the commercial property type, the length of lease must be vary.
So, in order to gain the flexibility, the owner prefers the long lease time.
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- The discipline that helps companies measure, assess and explain the performance of social media initiatives in the context of specific business objectives.
- Determine what you're after on social media, what is it you want to achieve?
- It's only worth analyzing if you use it to help the brand.
Social Marketing Analytics
The most common and most important metrics to watch are Engagement Impressions & Reach Share of Voice Referrals & Conversions Response Rate & Time.
These combinations give you a 360-degree view of your social media performance. This information is collected to guide your marketing efforts and to provide you with the most helpful information possible. This information helps you decide where to focus your marketing efforts and which areas are better left alone.
Monitor information such as Visits to Pageviews Fans. Engagement metrics such as the number of comments posts liked number of favorites/shared tweets, and total fans of the page. A way to measure social media results is to look at key performance indicators. KPIs are elements that can be evaluated and measured.
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the pay for employees on the grx line at globisys is not based on the actual amount of time it takes them to complete a job. rather, they are paid based on a predetermined amount of time for completing the job. these employees are working under the group of answer choices completion pay system. standard hour plan. time division plan. piece rate plan.
These employees are working under the piece rate plan
A company that wants to pay its employees depending on the quantity of production units they finish can utilise a piece rate pay plan. Assuming that all created commodities are sold right away, this type of pay plan transforms compensation into a cost that directly varies with sales. The financial statements' relationship between sales made and piece rate labour charges incurred is less accurate if goods are instead temporarily held in inventory before being sold.
In some industries, piece rate compensation may not be feasible, and other businesses may not think it is desirable to make the additional effort necessary to compute an employee's salary. A piece rate contract is a sort of employment arrangement in which a worker's pay is depending on how well they perform.
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which of the following is a disadvantage of the departmental overhead rate method? multiple choice the departmental overhead rate method assigns overhead on the basis of volume-related measures. the departmental overhead rate method is more refined than the plantwide overhead rate method. the departmental overhead rate method does not assign overhead on the basis of volume-related measures. the departmental overhead rate method is simpler and less costly to implement than the plantwide rate method. there are no disadvantages of the departmental overhead rate method.
Many overhead costs that are not driven by production volume may be incorrectly assigned. When each is in charge of multiple products with varying labour and machine hours, the departmental overhead rate will skew.
This is more likely to happen in large departments. This also adds redundancy because each department must measure and calculate its own rate. Advantages: More precise allocation of overhead costs. Controlling overhead costs more effectively. Concentrate on important factors. This method makes production when overhead resources are consumed in significantly different ways by various products across multiple departments. The departmental overhead rate is an expense rate calculated for each department in the manufacturing process of a factory.
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in addition to technological and economic factors, which of the following are unique challenges related to global pricing for firms seeking to increase their revenue and profits? (check all that apply.)
These are unique challenges related to global pricing for firms seeking to increase their revenue and profits:
The gray marketDumpingTariffsThe most not unusual and effective techniques for raising expenses are unbundling and escalator clauses. includes keeping apart the individual items, services, or thoughts that make up a product and pricing everyone personally.
Pricing strategies account for a lot of your business factors, like sales desires, advertising targets, target market, brand positioning, and product attributes. they're additionally encouraged by using outside elements like patron call for, competitor pricing, and ordinary market and monetary traits.
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in developed economies with developed capital markets, firms that pursue extremely high or extremely low levels of diversification perform better than those that pursue moderate levels of diversification.
In developed economies with developed capital markets, firms that pursue extremely high or extremely low levels of diversification perform better than those that pursue moderate levels of diversification. FALSE.
A capital market is a monetary market in which long-term debt or fairness-subsidized securities are sold and offered, in comparison to a money marketplace in which quick-time period debt is offered and sold.
Capital markets are monetary markets that bring consumers and dealers collectively to trade stocks, bonds, currencies, and different monetary property. Capital markets consist of the inventory market and the bond market.
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Determine the amount to be paid in full settlement of the following invoice assuming that credit for returns and allowances was received prior to payment and that the invoice was paid within the discount period. Merchandise: $110,000, freight paid by seller: $1,575. Freight term: fob destination, 2/10, n/30, returns and allowances: $8,500.
$90,000 $1,000 FOB shipping point, 1/10, n/30 $15,000
$75,250
a. $90,000 $1,000 FOB shipping point, 1/10, n/30 $15,000 =
+$90,000-$15,000 - $800 (($90,000-$15,000)*1%) + $1,000 = $75,250
In this case, as the conditions are FOB destination the freight won't be paid by the buyer, the discount of 2/10, means a 2% discount if the invoice is paid before 10 days, this discount it's applied to the net value of returns and allowances.
b. 110,000 1,575 FOB destination, 2/10, n/30 8,500= $ 99,470
+110,000-$8,500 - $2,030 (($110,000-$15,000)*1%) = $99,470
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Lenci Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During May, the company budgeted for 5,170 units, but its actual level of activity was 5,120 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for May:
Data used in budgeting:
Actual results $50,405 Flexible budget [$42,000 + ($1.80 × 5,100)] 51,180 Spending variance $775. The variance is favourable because the actual expense was lower than the flexible budget (F).
A budget is in fact a plan for calculations, usually financial but not always for a set period of time, usually a year or a month. A budget could include predicted quantities of sales and revenue, resources (such as time, costs, as well as expenses), environmental impacts (like greenhouse gas emissions), both these impacts, assets, liabilities, as well as cash flows. Businesses, governments, families, and other organisations can express one‘s strategic plans of action through budgets in a quantifiable manner. A budget lists intended expenses as well as ideas for how to pay for them. When expenses outweigh income and other resources, a budget may show an excess of resources that can be put to use later or a deficit.
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which type of consumer product is purchased infrequently and takes an extensive amount of time to make the purchase decision?
Purchase infrequently and takes an extensive amount of time to make the purchase.The word “speciality” should be substituted in its place. A customer wouldn’t accept a substitute for a specialised product.
Customers would actively seek out these products because of their distinctive features or the brand name itself. Consumer products are goods that satisfy the wants or needs of a consumer.There may be both affordable and useful as well as expensive and hardly purchased options.Consumer goods are finished things that are offered for sale to consumers.The qualities of products that a potential consumer may not initially want, such as very few purchases and limited distribution, make knowledge crucial. This category of consumer goods is unwelcome.Unwanted products are those that consumers do not know about or generally do not consider buying, and whose purchases are motivated by risk aversion or lack of desire.Reference books, encyclopaedias.
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Assuming the fisher effect holds, and given u. S. Tax laws, an increase in inflation.
By assuming the Fisher Effect holds true and given US tax laws, an increase in inflation does not affect the real interest rate, but it does decrease the after-tax rate of interest. The correct answer is D.
According to the Fisher Effect, the rate of interest equals the nominal interest rate minus the predicted inflation rate. As a result, unless nominal interest rates increase to the same rate as inflation, real interest rates fall.
The Fisher Effect isn't just an equation: it demonstrates how the money supply influences both the nominal interest rate and the inflation rate. For example, if a change in monetary policy causes a country's inflation rate to rise by ten percentage points, the nominal interest rate in the same economy will climb by ten percentage points as well.
In this view, it is reasonable to assume that changes in the money supply will have no effect on the real interest rate because the real interest rate is determined by the nominal rate and inflation. Nonetheless, it will accurately reflect changes in the nominal interest rate.
This question should be provided with answer choices that are:
A. Increases the real interest rate and the after-tax real rate of interest.B. Does not change the real interest rate but raises the after tax real rate of interest.C. Increases the real interest rate and the after-tax real rate of interest.D. Does not change the real interest rate but reduces the after-tax real rate of interest.The correct answer is D.
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24.3. describe three real-life situations in which the customer and the end user are the same. describe three situations in which they are different.
The customer and the end user are the same in three different real-world scenarios: component software, CAD software, and content management systems (CMS).
What is content management?Information can be collected, managed, and published using any form or medium thanks to a set of procedures and technology called content management (CM). This data may be more properly known as digital content, or simply as content, when it is saved and retrieved by computers. By mission and corporate governance structure, content management strategies and objectives differ. The use of content management varies among news companies, e-commerce sites, and educational institutions. As a result, there are variations in terminology, process names, and the number of steps involved. Creation, maintenance, and application of review criteria are additional key components of content management. Each participant in the content production and review process has a specific function to play and a set of duties to fulfill in the creation or publication of content.
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Financial statement data for years ending December 31 for Amsterdam Company follow:
20Y4 20Y3
Cost of merchandise sold $3,598,900 $3,015,630 Inventories: Beginning of year 593,000 589,600 End of year 648,000 593,000 a. Determine the inventory turnover for 20Y4 and 20Y3. Round to one decimal place.
Inventory Turnover
20Y4 20Y3 b. Determine the days' sales in inventory for 20Y4 and 20Y3. Assume 365 days a year. Round interim calculations and final answers to one decimal place.
Days' Sales in Inventory
20Y4 20Y3 c. Does the change in the inventory turnover and the days' sales in inventory from 20Y3 to 20Y4 indicate a favorable or an unfavorable trend?
Part a: inventory turnover for 20Y4 and 20Y3: 5.8 times and 10.2 times.
Part b: days' sales in inventory for 20Y4 and 20Y3: 62.93 and 36.5 days.
Part c: positive trend for the company.
Define the term Inventory Turnover Ratio?One of many liquidity-type ratios, the inventory turnover ratio gauges how rapidly a company converts its stockpiles into sales over a given period of time. This ratio is examined on a monthly and quarterly basis.The data given is-
Cost of merchandise sold $3,598,900 $3,015,630
Inventories
Beginning of year $593,000 $589,600
End of year $648,000 $593,000
Part a: inventory turnover for 20Y4 and 20Y3.
Cost of goods sold divided by average inventory represents inventory turnover.
For 20Y4: $3,598,900 /($593,000 + $648,000) divided by 2 = $3,598,900 / $620,500 = 5.8 times
For 20Y3: $3,015,630 / ($589,600 + 593,000) divided by 2 = $3,015,630 / $591,300 = 10.2 times
Part b: days' sales in inventory for 20Y4 and 20Y3.
Number of days' sales in inventory = 365 / inventory turnover
20Y4: 365 / 5.8 = 62.93 days
20Y3: 365 / 10.2 = 36.5 days
Part c:
A reduction in the number of days' sales within inventories and a rise there in inventory turnover ratio suggest a positive trend for the company.
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On april 1, 2022, aggie company borrowed $120,000 on a bank note for 7 months. The bank discounted the note at 4%. The entry to record the payment of this note on october 31, 2022 would include a?.
Answer:
8400$
Explanation:
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suppose the fed doubles the growth rate of the quantity of money in the economy. in the long run, the increase in money growth will change which of the following? check all that apply. the quantity of physical capital the size of the labor force the inflation rate the price level
Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change both the inflation rate (C) and the price level (D).
To understand this case, we will look further to the Quantity Theory of Money. The quantity theory of money states that an increase in the money supply will result in the same increase in inflation. This theory defines the relationship between money, output and prices that are related to inflation.
By increasing the quantity of money supply, the amount of money in an economy will raise and allows people to increase their nominal spending. Nominal spending is referred to a transaction activity carried out using money.
With more money provided, people would like to spend more and buy more products. However, the labor force and level of capital remain the same and make it impossible to provide more products as the market wants. Hence, people would be willing to buy the limited products with higher price.
This condition will push the market equilibrium into a new position with higher prices. In the long-run, this condition will lead into an inflation which resulted in a higher inflation rate for the economy.
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Which of the following contingent liabilities would require a company to record a note to the financial statements? (Check all that apply.) The liability is possible and cannot be reasonably estimated. The liability is probable and cannot be reasonably estimated. The liability is remote and estimated to be $15,000. The liability is possible and is estimated to be $35,000. The liability is remote and cannot be estimated. The liability is probable and estimated to be $40,000.
A contingent liability is a liability that might materialize based on how a future event plays out. If the possibility of the contingency exists and it is fairly possible to estimate its size, contingent liabilities are documented.
Unless both requirements are not met, the liability may be mentioned in a footnote to the financial statements. Common examples of contingent liabilities are ongoing legal proceedings and product warranties due to the uncertainty of their outcomes. Depending on the expected financial amount of the responsibility and the possibility that the event will occur, different accounting standards apply for reporting a contingent liability.
The accounting standards guarantee that viewers of financial statements are given enough information.
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g the shift of labor out of agriculture and into industry in the united states has tended to multiple choice increase labor productivity. reduce unemployment in the industrial sector. increase unemployment in the agriculture sector. reduce the rate of productivity growth.
Increase labor productivity.
What is labor productivity?In the US, both total output and output per worker have significantly increased over time. In the past 133 years, output has increased by a factor of 100 by itself. Today's productivity per worker is six times more than it was in 1900. Today's standard of living is higher as a result of these improvements.
Low capital formation has been a major factor in the slow increase in worker productivity. First, stimulate aggregate demand; second, change corporate taxation, which should increase investment in manufacturing. These two strategies are intended to improve the rate of investment.
The human element in the creation of an economy's commodities and services is labor. finding sufficient individuals with the necessary abilities to meet the rising demand. As a result, earnings frequently increase.
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Historically, security officials in government and corporations were primarily concerned with fraud, credit card theft, and hackers. Since 9/11, however, officials are much more concerned with:
A. inoculating computers from viruses.
B. cyberterrorism.
C. privacy issues and intrusive advertising.
D. consumersâ fears of using credit cards on the Internet
Historically, security officials in government and corporations were primarily concerned with fraud, credit card theft, and hackers. Since 9/11, however, officials are much more concerned with cyberterrorism.
Cyberterrorism is the merging of terrorism and cyberspace. When done to intimidate or coerce a government or its people in support of political or social aims, it refers to illegal attacks and threats of attacks on computers, networks, and the information held therein.
Cyberattacks can have a variety of motivations, although the majority of them are commercial in nature. However, there is mounting evidence that hackers are becoming more politically motivated. Cyberterrorists have taken advantage of the fact that governments rely on the internet because they are aware of this and have done so.
Hence the correct option is B
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private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. the essential feature of capitalism is the motive to make a profit.
According to a popular understanding, capitalism is an economic system in which individual actors own and control property according to their interests and where supply and demand freely set market prices in a way that benefits society.
What is capitalism?According to a popular understanding, capitalism is an economic system in which individual actors own and control property according to their interests and where supply and demand freely set market prices in a way that benefits society.
The essential quality of capitalism is the desire to make a profit.
We expect our meal not from the benevolence of the butcher, the brewer, or the baker, but from their respect to their own benefit, according to Adam Smith, the philosopher and father of modern economics. Each party has a stake in the outcome of a voluntary exchange transaction, yet neither can get what they want without taking the interests of the other party into account.
Hence, According to a popular understanding, capitalism is an economic system in which individual actors own and control property according to their interests and where supply and demand freely set market prices in a way that benefits society.
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when a team is given a specific amount of time to do a job, how does the team typically approach the work to be done?
The team typically approach work to be done as team members work harder to get the work done.
What is a team?A group of people, whether human or not, who cooperate to accomplish a common objective is known as a team. A team is a collection of individuals who are interdependent on one another in terms of information, resources, knowledge, and skills and who work together to accomplish a common objective, according to Professor Leigh Thompson of the Kellogg School of Management. Team composition is not always true of a group. Teams typically consist of individuals with complimentary skill sets that work together to create synergy, allowing each member to play to their strengths and minimize their weaknesses. While there has been a steady increase in academic study of teams and teamwork over the last 40 years, societal adoption of these concepts actually followed a choppy trend in the 20th century.
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For a given inflation rate, if concerns about future weakness in the economy cause businesses to reduce their spending on new capital, then the ______ shifts _____.aggregate demand curve; left
When changes in projected expenditure occur that are not brought on by adjustments in output or inflation rate, the aggregate demand curve moves.
Which of the subsequent will cause the aggregate demand curve to shift to the left?Aggregate demand would be reduced and the aggregate demand curve would be moved to the left if any of the components decreased. Consumption and investment will decline in response to a decline in consumer and corporate confidence, which will lower aggregate demand and cause the aggregate demand curve to shift to the left.In a long-run equilibrium, the inflation rate is steady, and the production is equal to the potential output. When the AD curve, SRAS line, and LRAS line all come together at one point, long-run equilibrium is depicted graphically.To learn more about Aggregate demand refer to:
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FILL IN THE BLANK. stores that provide moderate sales assistance because they carry shopping goods about which customers need a moderate level of information are called ___ retailers.
cassandra works as a waitress at a diner. she typically brings home about $45/week in tips. in many states, her employer is allowed to pay her
Cassandra works as a waitress at a diner. she typically brings home about $45/week in tips. in many states, her employer is allowed to pay her just $2.13 an hour.
What is a tip?Gratuity, often known as a tip, is money that customers frequently pay to certain service industry employees, such as those in the hotel industry, in addition to the basic service fee for the work they have completed.
When you leave a tip for someone, like a waiter at a restaurant, you are saying thank you for their assistance.
According to TableAgent, the general rule of thumb or tipping etiquette is to leave 15% for service you consider "average," and 20% if the service you experienced was above average. Feel free to offer even more feedback if you thought the service was exceptional.
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June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20 per unit. During the current month, the company purchased 480 units at $20 each. Sales during the month totaled 360 units for $43 each. What is the number of units in the ending inventory?
a. 80 units.
b. 120 units.
c. 200 units.
d. 560 units.c. 200 units.
200 number of units in the ending inventory.
What is meant of inventory?Inventory refers to all of the things, goods, commerce, and materials held by a company for the purpose of reselling in the market for a profit. For instance, if a newspaper seller uses a truck to deliver newspapers to consumers, just the newspaper is considered inventory.Inventory includes both raw materials required to manufacture items and finished goods for sale. On a company's balance sheet, it is categorised as a current asset.Raw materials and components, work in progress, completed items, and maintenance, repair, and operational supplies are the four basic forms of inventory.Given :
The beginning inventory consisted of 80 units that cost $20 per unit.
the company purchased 480 units at $20 each.
total = 480 +80 = 560
sale = 360 unit
the number of units in the ending inventory =560-360 =200
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The Novak Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Novak has decided to locate a new factory in the Panama City area. Novak will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs. Building A: Purchase for a cash price of $613,000, useful life 26 years. Building B: Lease for 26 years with annual lease payments of $71,950 being made at the beginning of the year. Building C: Purchase for $655,100 cash. This building is larger than needed; however, the excess space can be sublet for 26 years at a net annual rental of $6,900. Rental payments will be received at the end of each year. The Novak Inc. has no aversion to being a landlord. Click here to view factor tables In which building would you recommend that The Novak Inc. locate, assuming a 12% cost of funds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g- 458,581.) Net Present Value Building A Building B Building C s The Novak Inc. should locate itself in
In a maker of low-sugar, low-sodium, and low-cholesterol TV dinners, would like to increase its market share in Sunbelt. -cholesterol television dinners, would like to increase its market sharing.
low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. To do so, the Black Knights have decided to locate a new factory. The Utah Geological Survey believes this trend can be reversed by providing. The oil has a very low sulfur content and has a range of gravity.Combined with the growth that occurred in both surgery and medicine, the specialty of pathology became established and recognized. Mammals do not have the enzymes necessary to Metabolism oxalate and rely on it because SHS reactions can take place between elemental reactants. To do so, Novak has decided to locate a new factory in the Panama City area. Novak will buy or lease a site depending on which is more advantageous. The site siting committee has narrowed the available sites to the following three very similar buildings that will meet your needs.
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What is the best definition of profit profit is the possible income from producing an additional item?.
Correct answer is D)Profit is the financial gain from business activity minus expenses.
What is Profit?The cost of making one more unit of a good is called the cost of profit. Profit is the extra income generated by the sale of an additional good. Profit is the difference between an organization's financial gain and its outgoing costs.The term "profit" is frequently used to denote the monetary benefit that a business experiences when its income exceeds its costs and expenses. A young person at a lemonade stand, for instance, pays a quarter to make one cup of lemonade. She then asks $2.00 for the beverage. The lemonade she sold for $1.75 gave her a profit.Hence the best definition of profit is Profit is the financial gain from business activity minus expenses.
The complete question is:
What is the best definition of profit?
A. Profit is the possible income from producing an additional item.
B. Profit is the price of producing one additional unit of a good.
C. Profit is the additional income gained from selling an additional good.
D. Profit is the financial gain from business activity minus expenses.
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which of the following statements is true? i. the two principal goals of macroeconomic policy are price stability and low frictional unemployment. ii. the primary goals of macroeconomic policy are price stability and low unemployment. iii. in order to achieve the two primary goals of macroeconomic policy of price stability ad low unemployment, it is necessary for policy makers to reduce the level of frictional unemployment.
Maximizing the standard of living and achieving stable economic growth are macroeconomics' main objectives
What is the main objective of macroeconomics?Economic indicators are a reliable source of data for monitoring macroeconomic performance.We spoke about how nations have economic objectives including efficiency and equity.Three of these objectives—economic growth, price stability, and full employment—are given more attention in macroeconomics.The following are the macroeconomic objectives of a country's policymakers or government:high real growth rate.Price stability and inflationary management.High employment rate and low unemployment rate that is close to the natural rate of unemploymentA subfield of economics known as macroeconomics studies the composition, functioning, and behavior of the entire economy.It concentrates on topics such as inflation, economic growth, prices of different goods and services, gross domestic product (GDP), national income, and the unemployment rate in a specific nation.To learn more about macroeconomics refer
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which of the following is the best definition of a business model? group of answer choices a program or calculation that estimates the value the company generates based on a set of inputs a short narrative that tells the story of the organization, including why it was founded a map of the activities of the organization the rationale of how an organization creates, delivers, and captures value. next
'The rationale of how an organization creates, delivers, and captures value' is the best definition of a business model. Hence, the correct choice is D.
The term business model refers to an organization's plan for making a profit. The business model finds the services or products the business plans to sell, its identified target market, and any anticipated expenses. Business models are vital for both established and new businesses. Such as business models help new, developing organizations, recruit talent, attract investment, and motivate management and staff. Business models help established businesses to regularly update their existing business model in order to anticipate trends and challenges ahead.
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