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Answer 1

Answer: A medium of exchange

Explanation:


Related Questions

Fat Cat Furniture store sells two types of products; cat beds and scratching posts. Over the past year Fat at sold 6,000 cat beds and 4,000 scratching posts, the sales mix of 6,000 beds to 4,000 posts creates a percentage of 60% for the cat beds and 40% for the scratching posts. Fat Cat’s total fixed costs are $40,000. The cat bed’s unit selling price is $44.00 and variable costs per bed are $24.00. The scratching post’s unit selling price is $100.00 and variable cost per post is $30.00.

1. Calculate the weighted average contribution margin per unit. ($40)

2. Calculate Fat Cat’s breakeven point in units for the “package” of products.

3. Calculate how many units of each product line the company must sell in order to breakeven.

4. Calculate the sales dollars required of each product line to breakeven Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula.

5. Prove the breakeven point by preparing a contribution margin income statement Make sure to provide three columns: one for Cat Beds, one for Scratching Posts, and one for Total.

6. The owner of Fat Cat Furniture wants to earn a $60,000 profit. Calculate the sales volume in units and total sales dollars of each product line the company must sell in order to earn $60,000 in profit. Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula.

I need help especially on the 2nd question.

Answers

Answer: See explanation

Explanation:

1. Calculate the weighted average contribution margin per unit.

The weighted average contribution margin per unit will be:

= Contribution margin per unit × Sales mix ratio.

= ($20 × 60%) + ($70 × 40%)

= ($20 × 0.6) + ($70 × 0.4)

= $12 + $28

= $40

2. Calculate Fat Cat’s breakeven point in units for the “package” of products.

This will be:

= Fixed cost / Weighted average

= $40000 / $40

= 1000 units

3. Calculate how many units of each product line the company must sell in order to breakeven.

Breakeven for cat beds = 1000 × 60% = 1000 × 0.6 = 600 units

Breakeven for scratching post = 1000 × 40% = 1000 × 0.4 = 400 units

Blossom Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Blossom Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.)

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Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie

What can a database designer create to make it easy for people to create records?

A. A query

B. A form

C. A report

D. A field

Answers

Answer:

B. A form

Explanation:

I found the answer on quizlet

Answer:

It's B. A form

Explanation: hope it helps ^w^

What is query filtering most useful for?
adding and removing fields from a query
editing data in the table underlying the query
eliminating data that does not match from a query
reviewing only the results that meet specific criteria

Answers

Answer:

reviewing only the results that meet specific criteria

Explanation:

Query filtering is a simple way to filter informations from the available tons of data in-order to streamline it to what was actually needed. The queried and filtered information would then been reviewed and the results which met the keyed information appearing below it.

For example, query filtering could be used to seek for information about women who falls within age of 30 - 40 years among tons of information showing age of both men, children and women within the age of 10 -80 years.

Answer:

(D) seeing only the results that meet specific criteria

Explanation:

Can u help me plzzzzzzz​

Answers

Answer:

warm up

an advert in a prime time TV show :a mass market

an advert in a local newspaper :a market in particular location

an advert in a magazine for teenagers : a market of particular age

Explanation:

one region why company will match the branding of a new product to the company's overall brand image is;market

by the help of this company can attract customers for their product.company gain a profit as it helps to get market which makes company belief towards the satisfaction.

PLZ HELP. Classify the customer buying motive as rational or emotional.
Mark buys a particular brand of frozen food because it is economical for him.
O rational
O emotional

Answers

Answer:

rational

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Buying motive refers to the considerations, urge, emotions or influences that creates the impulse in consumers (customers) to buy a particular good, so as to satisfy their desire or needs.

This ultimately implies that, behind every purchase made by a consumer, there's a consideration, urge or feeling to satisfy that desire or needs l, this is generally referred to as buying motive.

In Economics, buying motives are classified into five (5) main categories and these include;

I. Acquired and Inherent buying motives.

II. Conscious and Dormant buying motives.

III. Physical, Psychological and Sociological buying motives.

IV. Primary and Selective buying motives.

V. Rational and Emotional buying motives.

A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.

In this scenario, Mark buys a particular brand of frozen food because it is economical for him. Thus, the buying motive would be classified as rational.

Using tools, operating vehicles, and repairing equipment all involve working with _____.


people

data

things

none of the above

Answers

Answer:

things.

Explanation:

Using tools, operating vehicles, and repairing equipment all involve working with things.

Things is the answer I think

Do you agree with the idea of NBA teams requiring fans to place deposits for season tickets for the following year? What about the NBA charging higher single-game prices to nonseason ticket holders? Explain your answers.

Answers

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

Not really. I do not totally agree with the idea of NBA teams requiring fans to place deposits for season tickets for the following year. The reason is that I think the NBA teams, with the support of the League, are only thinking about their economic interests after the Pandemic.

Something similar happens with the idea of the NBA charging higher single-game prices to nonseason ticket holders. I think that is not fair.

Fans are fans for the love of the game and the passion professed to their teams. They are loyal. They are always supporting the teams. No matter hell or high water. Fans' loyalty is out of the question.

It was not the fault of the fans the way the 2020 season was played. Yes, teams lost money and they are desperate to recover it quickly, but not at the expense of the people's hard-earned money.

A single team member can affect the morale of the whole team.

True
False

Answers

I think it’s True. I hope it helps.

short notes on Co-Work skill?​

Answers

Answer:

Coworking is an arrangement in which workers of different companies share an office space, allowing cost savings and convenience through the use of common infrastructures, such as equipment, utilities, and receptionist and custodial services, and in some cases refreshments and parcel acceptance services.

A trader has a portfolio worth $5 million that mirrors the performance of a stock index. The stock index is currently 1,250. Futures contracts trade on the index with one contract being on 250 times the index. To remove market risk from the portfolio the trader should

Answers

Answer:

A short futures position is required

Explanation:

Missing word "short or long in the forward or futures market?"

Worth of portfolio = $5 million

Stock is currently index = 1,250

The number of contract required is therefore:

==> {$5,000,000} / {1,250*250}

==> 16 contracts

So, in order to remove market risk from the portfolio, the trader should sell 16 contracts. 1 futures contract protects a portfolio worth 312,500 (1250*250).

In order to remove the market risk, there is need to gain on the contracts when the market declines. A short futures position of 16 contracts is therefore required..

Tony is facing a financial crisis in his business. Instead of applying for a loan from a commercial bank, he takes a loan from the cooperative that he partly owns with some of his friends. This cooperative acts as a depository institution where all the members deposit their savings on a higher interest rate than that offered by commercial banks. Being a member of this cooperative, he gets the advantage of being charged lower interest rate on his loan. Based on the information given in the scenario, the cooperative owned by Tony and his friends exemplifies a(n) _____.

Answers

Answer:

credit union

Explanation:

A credit union can be regarded as

not-for-profit financial institution which is under control of the members who has money deposited in it. It doesn't maximize profit but rather give back favorable interest rates to it's members as profit.

mention two ways of using money wisely​

Answers

Investing in stock is a wise use of your money please mark brainliest
SPENDING: rather than spending earned money as soon as you get your paycheck, save it so you can get something bigger you'll actually need; rather than a bunch of $5 knickknacks

PROFIT: typically, people buy something cheaper. Sell your items for less. For example, Jack sells lemonade for $10, and Ash sells for $9. Since they are selling the exact same thing, more people will go to Ash, therefore making them more money. If there are only 2 people willing to spend $10 for a cup of lemonade, Jack will make $20. If 3 people choose Ash, Ash will make $27.

please mark Brainliest <3

The _____ motive encourages entrepreneurs to start businesses, expand existing one, create new products or improve existing ones, and/or improve production processes to use resources efficiently.
1.)profit
2.)price
3.)none of the above

Answers

It is the 1) profit motive that encourages entrepreneurs to start businesses, expand old businesses, create new or improve products and production processes for efficient use of resources.

What is the profit motive?

The profit motive describes the economic incentive that drives the activities and decisions of entrepreneurs.

Thus, it is not price that motivates entrepreneurs but profit.

Learn more about the role of the profit motive in resource allocation at https://brainly.com/question/933169

Identify whether the expense below would be considered a want, a need, or savings.
Concert tickets
Savings
Want
Need

Answers

it is a want because you don’t need them and also not part of savings

Explain briefly how a person with creative, artistic talent might broaden his or her outlook and find a satisfying career in the field of Consumer Services.

Answers

Answer: The most important thing they need to consider is where their strength lies and what they can be very creative with

Explanation:

An artistic person is an individual who has a creative skill. They are several things an artist can look up to carve a niche for themselves. The most important thing they need to consider is where their strength lies and what they can be very creative with. When they have considered these they can look up various fields listed below, they one or more of them

Animator

Art teacher

Cake decorator

Fashion designer

Graphic designer

They need to discover their market in the sector they're going into; who they'll be serving.

These are just few compared to the remaining. The next thing they need to consider is their unique selling point, i.e how they'll be different from others doing it.

When they've considered all these, it'll be easier for them to have a satisfying career in the field of Consumer Services.

What is the difference between traditional manufacturing and a cottage
industry?
A. Manufacturing is done on a lower scale.
B. Manufactured products are better quality.
C. Manufactured items are worth more.
D. Manufacturing is done on a larger scale.
SUBMIT

Answers

Answer:

its a D

Explanation:

The difference between traditional manufacturing and a cottage industry is manufacturing is done on a larger scale. Thus, option D is correct.

What is cottage industry?

A cottage industry is a small manufacturing company run by an individual or family, usually from their house rather than a specially constructed facility. The minimal expenditure needed to launch a cottage industry serves as its defining characteristic.

They frequently concentrate on making labor-intensive goods but have a tough time competing with manufacturers of mass-produced goods who operate factories. The original cottage industries in the U.S. and Europe were light manufacturing businesses that performed subcontracted work in shoemaking, minor metal machine components, textile or garment production, or stitching. These small-scale companies frequently used raw materials provided by the contract supplier to make final goods.

Therefore, we can conclude that option D is correct.

Learn more about cottage industry here:

https://brainly.com/question/29615908

#SPJ5

what is 1635436743 times 76354

Answers

Answer:

1.2487214e+14

Explanation:

I WILL GIVE BRAINLIEST

This part of the business cycle is when companies have hired as many employees needed to supply enough goods demanded by consumers to optimize profit.

A. Trough
B. Growth
C. Recession
D. Peak

Answers

i think its B thanks:)
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