Answer:
Scarcity and supply and demand are connected because they determine how much the product costs. First of all, scarcity describes supply. If a product is scarce and demand is high, the supplier would raise the costs for the product, but if there is plenty of supply, and low demand, the supplier would decrease the costs.
Green Corporation has total sales revenues of $400,000. If its total fixed costs are $70,000 and its total variable costs are $180,000, the contribution margin is Group of answer choices $330,000. $250,000. $550,000. $220,000. Flag question: Question 11 Question 1110 pts Frost Company has a contribution margin per unit of $49. If 10,000 more items are sold, and fixed expenses remain the same, the net change in operating income will be Group of answer choices $343,000. ($343,000). $490,000. $7,000. Flag question: Question 12 Question 1210 pts Stanley's Bicycles store buys bicycles on average for $600 and sells them on average for $750. He pays a sales commission of 15% of sales revenue to his sales staff. Stanley pays $1,400 a month rent for his store, and also pays $3,000 a month to his staff in addition to the commissions. Stanley sold 200 bicycles in June. If Stanley prepares a contribution margin income statement for the month of June, what would be his contribution margin
Answer:
Part 1
the contribution margin is $220,000
Part 2
the net change in operating income is $270,000
Part 3
Stanley's Bicycles contribution margin is $7,500
Explanation:
Green Corporation Contribution Margin Statement
Sales revenues $400,000
Less Variable costs ($180,000)
Contribution $220,000
Less Fixed Cost ($70,000)
Net Income $150,000
Frost Company Contribution Margin Statement
Contribution ($49 x 10,000) $490,000
Less Fixed Cost ($70,000)
Net Income $420,000
Change = $420,000 - $150,000 = $270,000
Stanley's Bicycles Contribution Margin Statement
Sales Revenue ($750 x 200) $150,000
Less Variable Costs :
Cost of Sales ( $600 x 200) ($120,000)
Commission ($150,000 x 15%) ($22,500)
Contribution $7,500
Less Fixed Costs
Rent expense ($1,400)
Salaries ($3,000)
Net Income $3,100
Analyse and discuss the term ‘buyer motivation', in relation to innovative banking products and services.
Answer: Buyer motivation could be described as factors(mind related) that are behind a customer's decision of purchasing an item.
Explanation:
Buyer motivation could be described as factors(mind related) that are behind a customer's decision of purchasing an item. Every customer buying an item will consider a lot of things before getting one, although this varies compared to other person's. Some may buy out of a need, others a want, some panic buy. They all vary. Buying is more of a physiological thing than any other thing.
Describe five features of economic resources
Answer:
5 Features of economic resources
Features of economic resources include:
Scarcity. They are found in small quantities compared to the many uses into which they have to be put and hence not sufficient to satisfy all human wants.
Monetary Value. ...
Uneven distribution. ...
Combinability. ...
Usefulness. ...
Transferability.
Explanation:
Private: Easily excluded and subtractive. Common pool: Difficult to excluded and subtractive. Toll: Easily excluded and jointly consumption. Public: Difficult to exclude and jointly consumed.
Norm worked as a sales person for his firm. When he turned fifty, the office had a party for him. His boss made a lot of jokes about Norm getting too old to keep up with the younger staff. Those comments continued past the party for several months. Norm was fired six months later. When he filed a complaint for age discrimination, the boss defended his actions by saying Norm was fired for not meeting sales quotas. Norm had missed his quota for only one month, and he provided evidence that younger employees who had missed up to three months of the quotas were not terminated. Norm is attempting to show that:
Answer: the employer's defense was a pretext.
Explanation:
Norm providing evidences that him being fired was unfair shows that Norm is attempting to show that the employer's defense was a pretext.
A pretext simply refers to a false reason which covers the true intentions or motives of an employer. In this case, the employer didn't fire Norm because he didn't meet his sales quota but fired him because of his age.
Therefore, all the defense given by the employer shows that his defense was a pretext.
It’s a good idea to use a _____ to track your job hunting efforts.
map
scrapbook
journal
calendar
How might specialization lead to comparative advantage for Joanne's bakery?
Answer:
Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners. A comparative advantage gives a company the ability to sell goods and services at a lower price than its competitors and realize stronger sales margins.
Explanation:
The law of comparative advantage is popularly attributed to English political economist David Ricardo and his book “On the Principles of Political Economy and Taxation” written in 1817, although it is likely that Ricardo's mentor, James Mill, originated the analysis.
For a business like Joanne's bakery, specialization in the process of baking and cooking will attract more customers, and thus will also lead to a comparative advantage.
What is the significance of comparative advantage?Comparative advantage can be referred to or considered as a situation wherein a business operating in a market holds an advantageous position in the economy while selling similar products, but with a different technique in operations and functioning.
Specialization is an important determinant in leading to a comparative advantage, mainly because a producer who brings different techniques for the production of goods and services gets a competitive edge over other bakers in the market.
Therefore, the significance regarding comparative advantage has been aforementioned.
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If the labor force is 1000 workers, but 32 are unemployed, what is the unemployment percentage?
3.2% is the unemployment percentage, if the labor force is 1000 workers, but 32 are unemployed.
What is the reason of unemployment?Unemployment is influenced by a lot of circumstances on both the demand and supply sides. Rising interest rates, a global recession, and a banking meltdown may all contribute to demand-side decreases. Underemployment and structural employment have a big impact in the supply side.
Thus, it is 3.2 percent.
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HELP
How does Prewitt plan to expand her business?
A
She wants to offer different lengths of time for the service.
B
She wants to hire her little brother to help her plan.
C
She wants to make boxes focused on college and gender.
D
She wants to take business classes while in college.
Answer:
I believe its B
Explanation:
Why is formal training of workers so important to most employers? Why don't employers simply let people learn about their jobs as they perform them?
Answer:
The formal training is so important because of the benefits that bring to the company and the problems it could avoid.
Explanation:
To begin with, the fact that most of the companies consider important to provide a training program for their workers in the cases necessary indicates that the companies understand the fact that the workers need to be at their top level if they can when starting to work for the company, so in that order they will make no mistakes or at least the less possible. So that is the main reason why the employers do not let the people start working inmediately and learn from regular experience, so that they can avoid making mistakes and therefore avoid to elevate costs of money and time, etc.
Rich is in a car accident and his medical expenses exceed $25,000 more than the $100,000 typical Maximum Total Medical Expenses. How much money will Rich need to put out if his health insurance policy has a 10% deductible?
Answer:
65,000
Explanation:
Are there any Aries in here and if so is it true that you liked to be touched on the head?
Answer:
umm no i dont no one can touch my hair to prove i am an aries my birthday is on march 28
Explanation:
please give brainliest
37. The top of the plate where food is placed is called?
A) Food-danger zone.
B) Food-contact surface.
C)Food-temperature risk.
D) Food-stacking area.
Answer:
B. Food-contact surface
Explanation:
no idea
The plate's surface where the food is laid down is known as the 'Food-contact surface.'
Firstly, we will understand about 'Food Contact Surface.'
Any surface that directly comes in touch or contact with food items. It may include knives, cutting boards, plates, vessels, etc. Therefore, such surfaces are required to maintain top-class hygiene to prevent any kind of contamination.'Food-danger zone' is characterized as the area or region which may lead to infect or poison the food and the food must be protected to be placed from there.
'Food-temperature risk' is the probable threat to a particular food due to reaching or not maintaining a specific temperature resulting to spoil it.
'Food-stacking area' where plenty of food is stored in air-tight boxes or in refrigerators.
Thus, this makes option b i.e. 'food-contact surface' as the correct answer.
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Davidson Corp. produces a single product: fireproof safety deposit boxes for home use.
The budget going into the current year anticipated a selling price of $71 per unit.
Because of competitive pressures, the company had to cut selling prices by 10% during
the year. Budgeted variable costs per unit are $48, and budgeted total fixed costs are
$164,000 for the year. Anticipated sales volume for the year was 18,000 units. Actual
sales volume was 5% less than budget. (1) What was the sales price variance for the
year?
Answer:
Sales price variance= $121,410 unfavorable
Explanation:
Giving the following information:
Standard selling price= $71
Actual selling price= 71*0.9= $63.9
Actual number of units sold= 18,000*0.95= 17,100
To calculate the selling price variance, we need to use the following formula:
Sales price variance= (standard price - actual price)*actual quantity
Sales price variance= (71 - 63.9)*17,100
Sales price variance= $121,410 unfavorable
What is a subcontractor
Answer:
business or person that carries out work for a company as part of a larger project.
Explanation:
A hun
Which of the following is a benefit of U.S. companies doing business
domestically instead of internationally?
A. Having to exchange currencies
B. Having familiarity with laws and regulations
C. Having to negotiate payment options with the world bank
D. Having to learn about different customs, taboos, and manners from different countries
Answer:
A
Explanation:
One of the major drawbacks of international business is currency exchange rates. Since, economies are unpredictable, there is always an economic risk associated with international trade. A can get expensive or cheaper with the currency exchange rates of other countries. Leading to an unpredictable balance of trade.
However, this risk is not present in domestic business. So for U.S. companies doing business domestically instead of internationally can save them from tremendous economies challenges caused by currency exchange rates.
Answer:
Having familiarity with law and regulations
Explanation:
Help this is super confusing
Answer: Reasons
Explanation: Crystals are collected for jewelry, sugar, salt, computer chips. So if it shows you all those examples it would be collected for many reasons. I hope this helped!
Why do interviewers ask "Where do you see yourself in five years?"
They want to see how you will deal with a difficult question
They want to get to know you better
They want to get a better sense of your career goals
They want to test your psychic abilities
i am pretty sure its the third one but i want to be sure
Answer:
This popular interview question helps interviewers and hiring managers get a sense of how your career goals align with the company’s goals. It also helps them gauge whether you’re likely to have a long tenure at their company or if you’ll probably leave after just a few months or a year on the job.
I hope it help you
Answer:
i belive it the 3 one u are right
Explanation:
hopes this helps
You can edit contents of a cell by:
Changing font type, size
Adding a fill color
Adding borders
All of the above
Answer:
All of the above
Explanation:
I took the k12 test
_________ is the removal of items from a store with the intention of not paying for them.
a. shrinkage
b. shoplifting
c. control
d. none of the above
Answer: lol that should be shoplifting
Lobbyists are hired by companies to influence legislation to meet a company's goals. They ask for things needed to program plans related to health care, and come together as _____.
social media groups
special interest groups
political pack groups
professional and amateur groups
Answer:
ccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccccc
Explanation:
Sharon contributed property to the newly formed QRST Partnership. The property had a $100,000 adjusted basis to Sharon and a $160,000 fair market value on the contribution date. The property was also encumbered by a $90,000 nonrecourse debt, which was transferred to the partnership on that date. Sharon is treated as a general partner. She is allocated 30% of QRST's profits and 20% of QRST's losses. Sharon's basis in the partnership interest after the formation transaction is:
Answer: $37000
Explanation:
Sharon's basis in the partnership interest after the formation transaction is calculated below:
Adjusted basis of property to Sharon = $100,000
Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000
Then, Sharon's basis in the partnership interest after the formation transaction will be:
= $100000 - $63000
= $37000
Patty’s Pottery Company decided to sell its coffee mugs in the local coffee shop. What marketing decision was this?
Question 10 options:
Place
Promotion
Product
Price
Answer:
A- Place
Explanation:
Place refers to distribution or the methods and location.
-Select- risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that have long maturities than on bonds that will mature in the near future. -Select- risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. This risk is obviously high on callable bonds. It is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues. Which type of risk is more relevant to an investor depends on the investor's -Select- , which is the period of time an investor plans to hold a particular investment. Longer maturity bonds have high -Select- risk but low -Select- risk, while higher coupon bonds have a higher level of -Select- risk and a lower level of -Select- risk. To account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called -Select- , which is the weighted average of the time it takes to receive each of the bond's cash flows. Conceptual Question: Which of the following bonds would have the largest duration
Answer:
Find answers below.
Explanation:
Risk management can be defined as the process of identifying, evaluating, analyzing and controlling potential threats or risks present in a business as an obstacle to its capital, revenues and profits. This ultimately implies that, risk management involves prioritizing course of action or potential threats in order to mitigate the risk that are likely to arise from such business decisions.
Price risk is the risk of a decline in a bond's value due to an increase in interest rates. This risk is higher on bonds that have long maturities than on bonds that will mature in the near future.
Reinvestment risk is the risk that a decline in interest rates will lead to a decline in income from a bond portfolio. This risk is obviously high on callable bonds. It is also high on short-term bonds because the shorter the bond's maturity, the fewer the years before the relatively high old-coupon bonds will be replaced with new low-coupon issues. Which type of risk is more relevant to an investor depends on the investor's investment horizon, which is the period of time an investor plans to hold a particular investment. Longer maturity bonds have high price risk but low reinvestment risk, while higher coupon bonds have a higher level of reinvestment risk and a lower level of price risk. To account for the effects related to both a bond's maturity and coupon, many analysts focus on a measure called duration, which is the weighted average of the time it takes to receive each of the bond's cash flows.
The bonds which would have the largest duration is a 10 year - zero coupon bond.
Ketchum & Lushene Hardware sells 100 hammers daily. The supplier takes two days
to deliver more hammers.
At what quantity should the inventory manager place his/her next order?
Answer:
He should reorder when he is left with 200 hammers.
Explanation:
Reorder point is the trigger which informs the businessmen to order the inventory when the stock is used.
Reorder point = Safety Stock + (Average daily usage of units * Average lead time in days )
Reorder Point = 0 + (100 hammers * 2 days)
Reorder Point = 200
A group of investors is planning to open a new theme park. What supporting documents should be included?
An investment group wants to launch a brand-new theme park. The supporting papers that need to be submitted are the business plans.
This is further explained below.
What is a business plan?Generally, A number of business people are making preparations to launch a brand-new amusement park. It is important to include all of the relevant supporting papers in a business strategy.
In conclusion, A company's aims and the methods by which it intends to attain those goals are laid out in great detail in the document known as the business plan.
A written road map for the company, including its marketing, financial, and operational strategies, is presented in the form of a business plan. Business plans are useful for both newly founded businesses and more established ones.
An executive summary, sections on the goods and services, marketing strategy and analysis, financial planning, and a budget should all be included in a good business plan.
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An organizational model that consists of a company's overseas subsidiaries and is characterized by centralized decision making
and tight control by the parent company over most aspects of worldwide operations is known as the model.
A. international
B. multinational
C. global
D.
transnational
E. intranational
A ____ manages a nations currency, money supply, and interest rate.
A. Commercial bank
B. World bank
C. Central bank
D. Bank for international settlement
A Central bank manages a nations currency, money supply, and interest rate. Thus, option C is the correct option.
How does the central bank regulate the money supply and interest rates?By changing the amount of money available, central banks modify their monetary policy. Typically, they do this by purchasing or selling assets on the open market. Short-term interest rates are impacted by open market activities, which in turn affect longer-term rates and the economy. The monetary policy loosens when central banks reduce interest rates. Monetary policy tightens when interest rates are increased.
To control economic turbulence and attain price stability, central banks employ monetary policy, which results in low and steady inflation. In many developed economies, central banks have clear inflation objectives. A lot of emerging nations are using inflation targeting as well. Central banks in major economies loosened monetary policy after the global financial crisis that began in 2007 by lowering interest rates.
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What is a mechanism used to put a plan into action
. Which part of the online job application was easiest for you to complete? Which section was the most difficult? Give at least one example of work experience, education, or special skills that you included in the application.
Answer:
Easy & difficult part of online job application, things mentioned.
Explanation:
Part of online job application easiest to complete - Time & Place Flexibility, Less scope of inaccuracies
Difficult section - Lack of physical interaction with the organisation can make someone lack crucial information regarding organisation's favourable & unfavourable criterias, preferences.
Work experience, special skills included in application (consecutively) - Internships with prestigous organisations, Public communication & leadership skills (consecutively)
Foster Co. adjusted its allowance for uncollectible accounts at year-end. The general ledger balances for the accounts receivable and the related allowance account were $1,000,000 and $40,000, respectively. Foster uses the percentage-of-receivables method to estimate its allowance for uncollectible accounts. Accounts receivable were estimated to be 5% uncollectible. What amount should Foster record as an adjustment to its allowance for uncollectible accounts at year-end
Answer:
$10,000
Explanation:
The computation of the amount should Foster record as an adjustment to its allowance for uncollectible accounts at year-end is shown below"
= $1,000,000 × 5% - $40,000
= $50,000 - $40,000
= $10,000
Hence, the amount that should be recorded is $10,000