The company will never start to turn a profit.
Profit is the quantity of income that remains after accounting for all charges, money owed, additional earnings streams, and working charges. while sales and earnings each talk over with cash a company earns, it's possible for an enterprise to generate sales but have an internet loss.
A for-profit agency is one that operates with the intention of making money. most organizations are for-profits that serve their customers via selling services or products. The business owner earns an income from the for-profit and can additionally pay shareholders and investors from the income.
Cost C(x) = 12x + 72
revenue = Rev 8x
Profit will come with revenue is max than the cost,
R(x) > C(x)
8x > 12x + 72
-4X > 72
x > - 18
X is negative so, for this condition profit will never come.
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during february, assets increased by $84,000 and liabilities increased by $24,000. equity must have
Assets - Liabilities = Equity
= 83000-23000
Equity is 60000.
The response is (a) Increased by $60000.
5) Cash, accounts receivable, supplies, inventories, and prepayments are all included in current assets.
Account payable.
6) The three names for the income statement are Statement of operations, Statement of earnings, and Statement of profit and loss.
So, the correct response is d) Statement of financial situations.
7) Due to the fact that most businesses use accrual accounting rather than cash accounting, the amount of money collected from accounts receivable is reported in the statement of cash flow.
Response: (c) Statement of cash flow
What is account payable?
Accounts payable refers to the money that a business owes its suppliers, whereas accounts receivable refers to the money that a business is due, generally by clients. When a business conducts a credit transaction with another, the first firm records an entry to accounts payable while the second records an entry to accounts receivable.
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a darmer has the ablity to grow either corn or cotton or some combination of the two. given no other inforamtion
Given no alternative info, the farmer's cost of a bushel of corn increased by his cost of a bushel of cotton equals one
In economics theory, the chance value of a precise action is that the price or profit gone by participating in this activity in compared to participating in Associate in Nursing alternative activity. Simply put, if you decide on one activity, you forfeit the potential to settle on another.The next best different is usually outlined because the cost. it's conjointly called the different or the choice value since it represents the loss of gain that might are obtained if another alternative had been chosen. It may also be outlined as a loss of profit as a results of a amendment in selection.Thus this is often the which means of cost.
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An apprenticeship involves _____. a. hands-on experience in a skill b. extensive internet research c. classes at a vocational-technical center d. a four-year degree. please select the best answer from the choices provided a b c d
An apprenticeship involves hands-on experience in a skill.
An apprentice is a person who has agreed to work for a skilled person for a predetermined period of time, typically for low pay, in order to learn about their abilities. A program of education in any industry or business is referred to as apprenticeship training. During the apprenticeship program, fundamental instruction (theoretical classes) and practical on-the-job training are provided.
Through apprenticeship programs, employers can recruit and develop a highly trained workforce that supports the growth of their business. Boost a company's profitability, output, and bottom line.
Employers can fill skill gaps and individuals can earn money while acquiring new skills through apprenticeships. Low to no debt is incurred during an apprentice's education. Apprentices may occasionally obtain college credit for their schooling and on-the-job training in apprenticeship programs. This credit may be used toward an associate's degree and, in some situations, a bachelor's or master's degree, depending on the field.
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Answer:3 hunnid
Explanation:
yea
which of the following provides a measure of market attractiveness in the boston consulting group approach?
Market growth rate provides a measure of market attractiveness in the boston consulting group approach.
What is Market growth rate?The compound annual growth rate (CAGR) is the rate of return (RoR) that must be achieved for an investment to go from its initial balance to its final balance, assuming that profits were reinvested at the end of each period of the investment's life span (CAGR).
The compound annual growth rate (CAGR) is one of the most accurate ways to calculate and estimate returns for anything that could rise or decrease in value over time (CAGR).
By comparing the CAGR of two or more options, investors can determine how well one stock performed relative to other businesses in a peer group or a market index.
In order to evaluate how different investments have performed over time, CAGR is a useful indicator.
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Granting a foreign company the right to manufacture your product or to use your firm's trademark in return for a fee is called:______.
Granting a foreign company the right to manufacture your product or to use your firm's trademark in return for a fee is called: licensing.
A license is an official permission or license to do, use, or own something. A license is granted by one party to another by agreement between those parties. In the case of government-issued permits, permits are granted by the application.
A business agreement in which one company authorizes another to manufacture its products for a specified payment. There are several faster or more cost-effective ways to grow your business other than licensing your patents, trademarks, copyrights, designs, and other intellectual property to third parties.
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on average, a book sells for $60. variable selling expenses are $5 per book with the remaining selling expenses being fixed. the variable administrative expenses are 4% of sales with the remainder being fixed. the net operating income using the contribution approach for the first quarter is:
By subtracting cost of goods sold(COGS) and variable expenses from total sales we get Contribution. Here variable expenses include both variable selling and variable administrative expenses.
Through this we get contribution of given question as 163,000.
Contribution = Sales - Cost of Goods Sold - Variable Selling Expenses- Variable Administrative Expenses
No. of Books Sold= Sales Reported/ Average Selling Price per Book
=900,000/60= 15,000 books
Total Variable Selling Expenses= No. of Books x Selling Price per unit
= 15,000 books x $5 per book= $75,000
Total Variable Administrative Expenses= Sales x 3%
=900,000 x 3% = $27,000
Contribution Margin= 900,000 + 635,000 +75,000 + 27,000=163,000
Contribution Margin = $163,000
The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses.
One of the main components of break-even analysis is the idea of contribution margin.
Labor-intensive businesses with few fixed expenses tend to have low contribution margins, whereas capital-intensive, industrial businesses have more fixed costs and, thus, higher contribution margins.
Your question is incomplete. Kindly find the missing content below:
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= $900,000
Cost of goods sold= 635,000
Gross margin= 265,000
Selling and administrative expenses:
Selling= $101,000
Administration= 106,000
Net operating income= $58,000
On average, a book sells for $60. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The variable administrative expenses are 3% of sales with the remainder being fixed.
The contribution margin for Sam's Bookstore for the first quarter is?
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Suppose you know that the price elasticity of demand for your product is 0. 5, and you are thinking about raising your price by 8%. How much can you expect quantity to decrease?.
If the price elasticity of demand for a product is 0. 5 and about raising the price by 8%. Then, the quantity to decrease is 4%
Price elasticity of demand = 0.5
Percentage increases in price = 8%
Price elasticity of demand = (Percentage change in quantity demanded)/(Percantage change in price)
0.5 = (Percentage change in quantity demanded)/8
Percentage change in quantity demanded = 0.5 × 8 = 4%
Therefore, if the price rises by 8% then as a result quantity demanded decreases by 4%.
An elastic demand is one where there is a significant shift in the amount sought as a result of a price change. A minor change in quantity required as a result of a price adjustment is referred to as an inelastic demand. A formula that produces an absolute number larger than 1 indicates that the demand is elastic.
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according to the midpoint method, the price elasticity of demand for oranges between point x and point y is approximately0.05 , which suggests that the demand for oranges is between points x and y.
Yes According to the Mid Point Method The degree to which customers are receptive to price changes is gauged by their price elasticity of demand.
WORKING OF MID POINT METHOD
Demand is considered to be elastic if consumer behaviour changes significantly in reaction to a minor change in price, as opposed to inelastic if customers alter their purchasing behaviour very little in response to a large change in price.
The percentage change in quantity subtracted from the percentage change in price represents the price elasticity of demand. The following formula may be used to calculate the percentage change in the number of oranges requested in this area using the midpoint method:To learn more about Mid Point Method, Click the links
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A good for which there is an inverse relationship between the demand for the good and income is?
A good for which there is an inverse relationship between the demand for the good and income is Inferior good.
What is Inferior good?
An economic term used to describe a good whose demand decreases as people's incomes rise is an inferior good. As incomes and the economy grow, buyers start switching to more expensive substitutes, which causes these products to lose popularity.
An inferior good is one whose demand declines with increasing consumer income (or rises with decreasing consumer income) in economics, as opposed to normal goods, for which the opposite is seen. The demand for normal items increases as consumer income increases.
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what are the four broad areas of opportunity a company can pursue in the marketing strategy planning process? (check all that apply.)
The four broad areas of opportunity a company can pursue in the marketing strategy planning process are:
Diversificationproduct developmentmarket developmentmarket penetrationThe marketing strategy planning process denotes the creation of a marketing strategy that features the firm's aims, programs implemented to reach those aims, the duration required to reach those aims, and so on. This is very crucial and significant in reaching business objectives. This aids in increasing revenue and profits, achieving greater visibility and ruling out competitors.
The marketing strategy planning process involves developing a company mission, objectives and goals, business portfolio, and functional plans. It provides a broad framework according to which all future organizational activities will be conducted.
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The tendency to make decisions free from the influence of others is best described as?
The tendency to make decisions free from the influence of others is best described as confirmation bias.
What is confirmation bias?Confirmation bias is the propensity to interpret or search for information that supports one's preexisting opinions when processing information. This biased way of thinking about decision-making is typically accidental and frequently leads to dismissing contradictory data.
A confirmation bias is a sort of cognitive bias in which information that supports preexisting views or biases is given preference. Think about someone who believes that left-handed people are more creative than right-handed ones, for instance.
Therefore, tendency to make decisions free from the influence of others is best described as confirmation bias.
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A(n) ____________ is a person who assumes the risk of starting a business. select one: a. private investor b. stakeholder c. manager d. entrepreneur
A(n) entrepreneur is a person who assumes the chance of starting an enterprise.
An entrepreneur is a man or woman who creates a brand new enterprise, bearing maximum dangers and enjoying maximum rewards. The process of putting in an enterprise is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a supply of new thoughts, goods, services, and business/or procedures.
An entrepreneur is a man or woman who creates and grows a business thru their creative thoughts. marketers play key roles in producing earnings as they develop their businesses. An entrepreneur identifies a commercial want of their network, crafts an enterprise idea, and takes the lead role to begin their enterprise. entrepreneurs are critical to marketplace economies due to the fact they are able to act because the wheels of the monetary boom of us a. with the aid of developing new services and products, they stimulate new employment, which in the end affects the acceleration of economic development.
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The least important evidence of a cpa firm's evaluation of its system of quality controls would concern the cpa firm's policies and procedures with respect to?
The least important evidence of a cpa firm's evaluation of its system of quality controls would concern the cpa firm's policies and procedures with respect to determination of audit fees
Coverage is a deliberate system of tips to guide decisions and achieve rational effects. A policy is a statement of intent and is carried out as a method or protocol. policies are generally followed by way of a governance frame inside an corporation.
Coverage is a law, regulation, manner, administrative action, incentive, or voluntary exercise of governments and other institutions. policy selections are frequently reflected in aid allocations. health may be influenced by regulations in lots of unique sectors.
The term may additionally practice to authorities, public quarter agencies and agencies, as well as individuals, Presidential government orders, corporate privacy policies, and parliamentary policies of order are all examples of coverage. coverage differs from rules or law.
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the demand for money is expressed as a. upper m superscript d baseline equals upper y upper l left parenthesis i right parenthesis . b. upper m supers
Upper M Superscript d Over Upper P EndFraction equals 500 plus 0.2 Upper Y minus 1000 i . The Fed makes sure that money supply equals money demand.
Money demand is a direct, proportional, and positive function of income. It's written as LT = KY. Where LT is the transaction demand for money, K is the share of income maintained for transaction purposes, and Y is the income. However, it should be recalled that Keynes made the LT function stretchy. In a conventional money demand function, the income (Y), projected inflation (), and interest rate (I) are three fundamental elementary factors. In theory, Money Supply or money demand is an incremental function of real income, as ordinary budget conditions dictate, and it is an essential variable in the money demand function.
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directly after respondents review an advertising concept, it is best practice in an advertising concept survey to .
Directly after respondents review an advertising concept, it is a best practice in an advertising concept survey to gather first impressions using open-ended questions.
What is advertising?It corresponds to a set of techniques for promoting products, services and ideas through the transmission of a communication to the potential public in different communication channels, such as TV, social media and newspapers.
The purpose of advertising is to encourage a purchase or call for action on a societal need, such as encouraging vaccination to prevent infectious diseases, for example.
For businesses, advertising is a tool that helps attract and retain potential consumers, through the transmission of values, promotions, programs and concepts capable of promoting the business, generating interest and actually generating profitability.
Therefore, in any advertising concept research, first impressions using open-ended questions will help to better understand the effect of the research on respondents.
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the demand for dell laptops is more price elastic than the demand for laptops as a whole. this can be best explained by the fact that a. there are more substitutes for dell laptops than for laptops as whole b. there are fewer substitutes for dell laptops than for laptops as whole c. dell laptops are luxurious g
There are fewer substitutes for dell laptops than for laptops as whole. The demand for Dell laptops is more price elastic than the demand for laptops as a whole. This can be best explained by the fact that.
A. There are fewer substitutes for Dell laptops than for laptops whole.
B. There are more substitutes for Dell laptops than for laptops as a whole
C. Dell laptops are luxurious goods.
Dell sells PCs, servers, data storage devices, network switches, software, computer peripherals, HDTVs, cameras, printers, and electronics manufactured by other companies. The company is well-known for its supply chain management and electronic commerce. This includes Dell selling directly to customers and delivering desired PCs. Dell was a solely hardware vendor until it acquired Perot Systems in 2009. Dell then entered the IT services market. The company has expanded its storage and networking systems, and it now aspires to provide a range of technology to enterprise customers rather than just computers.
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One example of an ethical dilemma related to safety-critical systems is whether to risk making the product more expensive, and potentially less appealing to customers, by _____.
One illustration of an ethical dilemma involving safety-critical systems is whether to include hardware devices to support or verify software functions at the risk of increasing the cost of the product and maybe decreasing its consumer attractiveness.
A issue in choosing between two possibilities where none is wholly acceptable from an ethical standpoint is known as an ethical dilemma (also known as a moral dilemma, ethical paradox, or moral conundrum). Although we encounter numerous ethical and moral issues throughout our lives, the most of them have rather simple fixes.
However, moral quandaries are extraordinarily difficult problems that are impossible to resolve ethical dilemma. Finding the best solution in these circumstances is therefore crucial for everyone.
Almost every area of a person's life, including social, professional, and personal, has the potential to ethical dilemma present an ethical issue.
The fundamental problem with an ethical dilemma is that it does not have a clear-cut answer that complies with ethical standards. People have encountered these problems throughout human history, and philosophers have sought to address them.
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What accounts for the flattening of the total product curve as it goes to the right?
The principle of diminishing returns to an input. The U.S. Treasury finances budget commitments of the federal government through issuing several kinds of debt.
Investors' attention has been drawn to the shape of the Treasury yield curve due to a spike in short-term government bond yields, where the yield advantage that longer-dated assets typically enjoy over shorter-dated ones is on course to narrow at its quickest rate since 2011.
A narrowing of the yield spread between shorter-term and longer-term Treasuries, sometimes referred to as yield curve flattening, is frequently interpreted by money managers and economists as a symptom of concerns over economic growth and monetary policy uncertainty.
The $14.8 trillion Treasury market consists of 20- and 30-year bonds, notes from two years to ten years, and Treasury bills from one month to one year.
The link between market compensation rates and the amount of time before the maturity of debt instruments is represented by a yield curve. The term structure of interest rates is another name for a yield curve. The yield curves that the ECB publishes are displayed below. The relationship between market compensation (interest) rates and the amount of time until the maturity of debt instruments is represented by a yield curve, which is sometimes referred to as the term structure of interest rates.
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In the buying center, ryan answers the phones, receives and opens the mail, and monitors the incoming email. He sorts through all the sales solicitations and forwards the most interesting ones to his boss. Which role is he playing in this decision-making unit?.
In the buying center, Ryan answers the phones, receives and opens the mail, and monitors the incoming email. He sorts through all the sales solicitations and forwards the most interesting ones to his boss. The role that he is playing here in decision-making is of a gatekeeper.
In the decision-making unit of an organization a gatekeeper is someone who refines the information reaching various people working in the organization. They collect and process all the data that is reached to them and then decide where and to whom does to transfer this data.
Such a coordination helps in the better understanding and makes the tasks of every employee a lot easier.
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Lee sun's has sales of $3800, total assets of $3500, and a profit margin of 6 percent. the firm has a total debt ratio of 42 percent. what is the return on equity?
The return on equity for lee sun's firm is 9.52 percent.
How to calculate the return on equity ?The first step is to calculate the assets turnover
= total assets/total sales
= 3500/3800
= 0.921
The next step is to calculate the equity to assets ratio
= 1 - 42/100
= 1 - 042
= 0.58
The next step is to calculate the leverage multiplier
= 1/0.58
= 1.724
Therefore the ROE can be calculated as follows
= profit margin × assets turnover × leverage multiplier
= 0.06 × 0.921 × 1.724
= 0.0952 × 100
= 9.52%
Hence the ROE is 9.52%
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tim berners-lee, cofounder of intel, observed in 1965 that continued advances in technological innovation made it possible to reduce the size of a computer chip while doubling its capacity every two years.
Tim Berners-Lee, cofounder of intel, observed in 1965 that continued advances in technological innovation made it possible to reduce the size of a computer chip while doubling its capacity every two years is a false statement.
Why is the statement above false?The statement about Tim Berners-Lee is false because the statement is actually about Gordon Moore.
He was the one who postulated the Moore's Law. Gordon Moore is known to be the co-founder of Intel, and he was also known to be the one who had correctly predicted in a 1965 paper that computer processing power would increase times 2 every two years
Therefore, Tim Berners-Lee, cofounder of intel, observed in 1965 that continued advances in technological innovation made it possible to reduce the size of a computer chip while doubling its capacity every two years is a false statement.
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Tim Berners-Lee, cofounder of intel, observed in 1965 that continued advances in technological innovation made it possible to reduce the size of a computer chip while doubling its capacity every two years. True or false
A plot drawn to show the relationship between bond yields and maturity is known as the?
A plot drawn to show the relationship between bond yields and maturity is known as the yield curve.
A yield curve is a line that plots yields (interest rates) of bonds having equal credit quality but differing maturity dates. The slope of the yield curve gives an idea of future interest rate changes and economic activity.
The yield curve refers to the chart of current pricing on US Treasury Debt instruments, by maturity. The US Treasury currently issues debt in maturities of 1, 2, 3, and 6 months and 1, 2, 3, 5, 7, 10, 20, and 30 years.
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check your knowledge check your knowledge which repayment plan will you be placed on automatically unless you change it by contacting your servicer?
Standard Repayment Plan will be placed on.
The normal repayment schedule is ten years of fixed monthly instalments (or up to 30 years if you have a direct consolidation loan). In order to guarantee that you will pay off your loan with interest in ten years, you will make the same monthly payment throughout the payback term.With standard repayment, you pay the same amount each month for ten years by dividing your debt into 120 level instalments. Payments made under this arrangement must be less than $50. Let's suppose, for illustration, that you had a $35,000 student loan with a 4% interest rate.What drawbacks exist with the conventional repayment plan?
Compared to other federal student loan repayment alternatives, higher monthly instalments are required.Monthly payments are set according to the length of the loan, not your income or financial capacity.To Learn more about Standard Repayment Plan, Click the links
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What is the amount of cash sherriane paid to employees during the reporting period if its salaries payable increased by $5.2 million?
Salary expense = $5.7 million
Salaries payable increase = $6.6 million
cash paid to employees = Salary expense - Salaries payable increase
= 5.7 - 6.6
= $-0.9
Salaries payable is a kind of entry in commercial enterprise accounting journals that describes how a good deal a company owes its employees. Accounting experts or managers file salaries payable once they owe revenue to pay to their personnel, but haven't dispensed the money yet.
Salary payable is a modern legal responsibility account containing all the balance or unpaid wages at the end of the accounting length. the amount of income payable is suggested in the balance sheet at the quit of the month or 12 months, and it is not stated within the income statement.
Salaries payable is a liability account that contains the quantities of any salaries owed to employees, which have not been paid to them. The balance within the account represents the salaries liability of a business as of the balance sheet date.
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consumers in japan purchase baseball jerseys from their favorite us baseball teams. the jerseys are produced in the united states
As consumers in japan purchase baseball jerseys from their favorite us baseball teams, the jerseys are produced in the united states serve as a payment for goods and services, an inflow and a credit to US account.
What is a investment?In the concept of national income, the investment rers to the amount that remains of total expenditure after consumption, government spending and net exports are subtracted.
To the United States, the purchased baseball jerseys is an example of positive investment, hence , it is recorded as payment for goods and services, an inflow and a credit to US account.
Full question "consumers in japan purchase baseball jerseys from their favorite us baseball teams. the jerseys are produced in the united states_______"
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On october 31, pizza company sold pumpkin spice pizzas for halloween parties on account. The customers have 30 days to pay for the pizzas. In which month should pizza company record the revenue under accrual accounting?.
Pizza delivery service supplied pumpkin spice pizzas on credit for Halloween parties on October 31. Customers had 30 days to pay for the pizzas. Pizza company must record the revenue using accrual accounting in the month of October (revenue is recognized when the goods are delivered, which is in October).
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the company chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the company cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is just a payment made to a business, and receipts can exist independently of revenue.
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If an adjusting entry's credit is to a liability account, then the debit must be to ______.
If an adjusting entry's credit is to a liability account, then the debit must be to Expense.
What is adjusting entry?Adjusting entries can be described as the changes to journal entries that have been recorded this is way to confirm that the numbers that have recorded match up to the correct accounting periods.
It should be noted that If an adjusting entry's credit is to a liability account, then the debit must be to Expense because expenses are those item that were spent on which means the firm were debited for it.
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The commissioner obtains a restraining order against a person who has violated an insurance law. the person continues the violation for 15 days. the person will have to pay a fine of?
In general, the penalty for violating an insurance law is a civil fine. The amount of the civil fine depends on the severity of the violation and can be as high as $5,000 per violation.
What are the benefits of a restraining order?A restraining order is a criminal record that prohibits one character from contacting some other character.
The blessings of a restraining order are the following:
Helping to guard the sufferer against in addition abuse Preventing the wrongdoer from violating any orders or laws Protecting the sufferer's own circle of relatives participants and different capacity sufferers to get a restraining order, the sufferer has to first record a petition with the courtroom docket. The petition must be filed via way of means of the sufferer. The wrongdoer has to signal a sworn declaration agreeing to observe the order and now no longer touch the sufferer. The courtroom docket will then trouble a restraining order.To learn more about Insurance law, visit:
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real estate licensees are seldom guilty of blatant discrimination, but unintentional discrimination does exist. what's one example of unintentional discrimination?
Answer:
- Not taking middle-class buyers to wealthy neighborhoods during house viewings due to their budget
- Dedicating more time to helping wealthy buyers find a home as opposed to middle-class buyers
Explanation:
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a shortage is defined as the situation that exists when the quantity of a good supplied is greater than the quantity demanded.
False, a shortage is defined as the situation that exists when the quantity of a good demanded is greater than the quantity supplied.
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When amount supplied at the market price is less than quantity demanded, a shortage results. More people than what is currently available are willing and able to purchase the good at the current market price.
A corporation manufacturing a good or service may have miscalculated demand, which prevented it from keeping up with demand, or government regulations like price-fixing or rationing may also be to blame.
Natural catastrophes that wreak havoc on a region's physical landscape can also result in shortages of necessities like food and housing, which raises the cost of those things.
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