Answer: $90,000
Explanation:
If sales in 2008 and 2009 were steady at $30 million, but the gross margin increased from 2.9% to 3.2% between those years, the amount by which the cost of sales would be reduced would be:
= $30 million × (3.2% - 2.9%)
= $30 nillioy× 0.3%
= $30 million × 0.003
= $90,000
Kim is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now Kim is living at home and works in a shoe store, earning a gross income of $1,070 per month. Her employer deduct $210 for taxes from her monthly pay. Kim also pays $128 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $85 per month. Help Kim make her decision by calculating her debt payments-to-income ratio with and without the college loan. (Remember the 20 percent rule.)
Answer:
Even with the student loan, Kim's debt to income ratio is lower than 20%, so she should get the loan and attend chiropractic school.
Explanation:
debt to income ratio = total debt payments / total gross income
debt to income ratio without student loan = $128 / $1,070 = 11.96%
debt to income ratio with student loan = ($128 + $85) / $1,070 = 19.91%
Your brother announces at Thanksgiving Dinner that he is thinking of becoming a day trader. What questions might you ask him to help him assess the wisdom of that choice?
1) Has he diversified his portfolio within the 11 sectors?
2) Does he go for capital appreciation stocks or dividend stocks?
3) How much time does he spend studying a company's financials (10K form) and charts?
4) Who is his favorite investor? Warren Buffet for picking great stocks and holding for many many years or someone like Bill Ackman who is a bit deceptive on his trading tactics (over the summer he said 'Hell is coming' a signal thought by many as "panic sell" whilst he was buying heavily)
5) What is the number he is seeking to retire? There's usually a number ranging from $1M and $200M.
6) Maybe ask him if he is seeking to get licensed as a CMT (reading chart patterns)?
Hope this helps, either way best of luck to him!
If you hope to be a college instructor in a subject, you need to plan to complete what level of education?
A.
Graduate school.
B.
Bachelor’s degree.
C.
Associate’s degree.
D.
Vocational school.
why does a venue require an F&B minimum
Paper Clip Company sells office supplies. The following information summarizes the company's operating activities for the year:What are total operating expenses
Answer:
The answer is "$38000"
Explanation:
Please find the complete question in the attachment file.
Clip of the paper
Statement of income
Income Revenues 164000
Less: goods sale cost 93000
Significant Benefit 71000
Expenditure for operation:
Committee for sales 10000
Shop rental 13500
Shop utilities 9500
Operating costs Gross 33000
Operating revenue 38000
Costs of products sold calculation:
Investment (January 1) 27000
Goods Bought 89000
Total sub 116000
Reference: Inventory ( December 31 ) 23000
Goods sold at discount 93000
When is a manufacturer most likely to RAISE the price of a product?
when demand for the product increases
when a competitor makes a better product
ОООО
C
when a cheap substitute for the product appears in stores
when the cost of raw materials declines
Answer:
Its (A) When demand for the product increases
Explanation: I just tooke the Economics Exam.
3/7 x (-1/2) • MARKING BRAINLIEST TO THE ANSWER WITH AN EXPLANATION ON HOW U GOT THE ANSWER!
Answer : The answer of the given expression is [tex]\frac{-3}{14}[/tex]
Explanation :
The given expression is: [tex]\frac{3}{7}\times \frac{-1}{2}[/tex]
As we know that,
When we are multiplying a fraction by a fraction then multiply numerators and multiply denominators like this:
[tex]\frac{X}{Y}\times \frac{A}{B}=\frac{X\times A}{Y\times B}[/tex]
So, the answer of the given expression will be:
[tex]\frac{3}{7}\times \frac{-1}{2}[/tex]
By multiplying numerators and multiply denominators, we get:
[tex]\Rightarrow \frac{3\times (-1)}{7\times 2}[/tex]
[tex]\Rightarrow \frac{-3}{14}[/tex]
Therefore, the answer of the given expression is [tex]\frac{-3}{14}[/tex]
Suppose there are 100 residents on the island of Mahalo. Whenever someone purchases a palm tree to plant on the island, everyone on the island receives the same benefits from the tree, which include beauty, shade, and erosion control. The table below shows the total social cost (which is also the total private cost) and the total private benefit received per resident depending on the quantity of palm trees purchased. Use this information to answer the questions that follow.
Quantity of palm trees Total social cost (total private cost) Total private benefit per resident
0 $0 $0
1 200 8
2 400 12
3 600 14
4 800 15
Required:
a. Does the purchase of palm trees create a negative externality, a positive externality, or no externality? Explain.
b. Draw a graph that depicts the marginal social cost and the marginal social benefit of palm trees.
c. What quantity of palm trees would be purchased if they were sold in a private market? Explain.
d. What is the socially optimal quantity of palm trees? Explain.
e. In this situation are palm trees a private good, a public good, or a common resource?
f. What could be an appropriate governmental policy response to this situation?
Answer:
a. Does the purchase of palm trees create a negative externality, a positive externality, or no externality? Explain.
A positive externality is created since individuals that have nothing to do with the original transaction still benefit from it.
b. Draw a graph that depicts the marginal social cost and the marginal social benefit of palm trees.
Q of palm trees Marginal private cost Marginal private benefit
0 $0 $0
1 $200 $800
2 $200 $400
3 $200 $200
4 $200 $100
See attached graph
c. What quantity of palm trees would be purchased if they were sold in a private market? Explain.
3 palm trees, since marginal cost = marginal benefit
d. What is the socially optimal quantity of palm trees? Explain.
3 palm trees, since marginal cost = marginal benefit
e. In this situation are palm trees a private good, a public good, or a common resource?
a public good because every citizen can benefit from them, and they are not rival in consumption
f. What could be an appropriate governmental policy response to this situation?
The government could subsidize palm trees in order to lower the private cost, so more trees are purchased, increasing total social benefit.
paid rent of Rs.25000 by cheque. make journal entry
Answer:
see below
Explanation:
Rent is an expense to the business. An increase in expenses is debited.
rent was paid by cheque. The transaction will reduce money held at the bank( asset) by Rs. 25,000. A reduction in assets is credited.
The journal entry will be
Rent A/c Dr. Rs. 25,000
Bank A/c Cr. Rs. 25,000
In a personal budget, which of the following is considered to be a fixed expense? A. Dinner at a restaurant B. A movie Ticket C. A personal trainer D. Apartment rent
Answer: Personal Trainer
Explanation: It's a personal budget.
Lydia receives a $2,000 gift and wants to open a savings account. Which bank interest would be the best for her if the current inflation rate is
3.5%?
O4% interest
O3% interest
O3.9% interest
O4.1% interest
Answer:
O4.1% interest
Explanation:
Inflation erodes the strength of a currency. If the interest rate on offer is below the inflation rate, saving money in a bank will result in a loss.
To gains from a savings account, the real rate of interest must be positive. The real rate will the nominal interest rate( the quoted rate) - the inflation rate. The higher the nominal rate, the better for the customer.
In this case, 4.1 % will be best for the customer. If the inflation rate is 3.5%, an interest rate of 4.1% will give a real interest rate of 0.6%.
PLEASE HURRY
Using the chart below for reference, how would you describe the relationship between the amount of education you
receive and the amount of money you make?
Average Annual Earnings for College Graduates
and Non-Graduates
Professional Degree
$109,600
Doctoral Degree
$89,400
Master's Degree
$62,300
Bachelor's Degree
$52,200
Associate's Degree $38,200
Some College $36,800
High School Diploma $30,400
Some High School
$23.400
Answer:
I think it would be master's degree
sorry if I am wrong I really kind of don't know the real answer
Todd Johnson had the following items of income and losses during the tax year:
Wages $40,000
Non-business bad debt $1,000
Gann on commodities held 16 months $2,000
Loss on stock held 2 years $(800)
Flood damage on personal residence owned 5 years $4500
Gain on stock held 13 months $5,000
The Flood damage occurred due to a federally declared disaster. What is Todd's taxable capital gain for the tax year?
a. $500
b. $700
c. $5,200
d. $6,200
Answer:
b. $700
Explanation:
Todd's capital gains = -$1,000 (bad debt) - $2,000 (gain on commodities held for 2 years) - $800 (loss on stock held for 2 years) - $4,500 (flood damage) + $5,000 (gain on stocks held for 13 months) = $700
Capital losses due to federally declared natural disasters can offset capital gains.
Answer:
Todd Johnson
Todd's taxable capital gain for the tax year is:
d. $6,200
Explanation:
a) Data and Calculations:
Gain on commodities held 16 months $2,000
Loss on stock held 2 years $(800)
Gain on stock held 13 months $5,000
Net Capital Gains (Long-term) $6,200
b) A capital gain or loss exists on property such as a home, car, and investment property, like stocks and bonds when is sold. Short-term capital gain or loss is differentiated from long-term capital gain or loss. Usually, long-term capital gain or loss is calculated for assets held more than a year before disposal, while short-term gain or loss is calculated separately for assets sold within a year of being held.
If there are so many risks to investing in the stock market, why do so many people do it?
There's an obvious answer... high risk; ergo high return.
Divisional income statements do not have to follow generally accepted accounting principles (GAAP) because they are internal reports. True False
Answer:
TRUE
Explanation:
A divisional income statement as the name implies it talks about a summary of the revenue generated in a particular unit within a business enterprise after removing the divisional costs in the same particular unit. Divisional income statements are internal reports so they do not have to follow generally accepted accounting principles (GAAP) as the statements generated are done within an organization. The Generally Accepted Accounting Principles are rules, codes of conduct set by a financial regulating body to make business enterprise, corporate accounting do the right thing whenever they are publishing their financial reports and statements.
How does the project fit within the global microeconomic environment? Support your response with evidence.
Explanation
Microeconomics is one of the significant center regions inside the scholarly field of financial aspects. While the degree and techniques for microeconomics can be intricate, its general center is moderately direct. Microeconomics inspects the regular activities of the commercial center, zeroing in on the choices made by people – individuals and organizations – as they purchase, sell, contribute and settle on other monetary choices. You don't have to officially consider microeconomics to apply a portion of its standards to your private company.
when corruption is evident in governments the result is that
Answer: Industries have more difficulty opening since they will have to resort to bribes from government people.
Explanation: When corruption is very marked in a country, many people know that the way to obtain benefits is through certain bribes. In the case of industries, in order for them to open they have to resort to bribes made by government personnel to have the opportunity for their construction to take place.
Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that all rental units are identical and so are offered at the same rent. To address the plight of residents who may be unable to pay the market rent, an income supplement will be paid to all low income households equal to the difference between the old controlled rent and the new market rent. What effect will the elimination of the rent control have on the quantity and quality of rental housing supplied
Answer:
The effect of the elimination of the rent control on the quantity and quality of rental housing supplied in New York City is:
increased quantity and quality of supplied rental housing.
Explanation:
In line with the laws of demand and supply, the quantity and quality supplied of the rental housing will increase drastically in New York City once rent control is abolished. The only limiting factors will be the availability of resources, like land, labor, and capital for housing development. If these resources are abundantly available, coupled with the presence of entrepreneurs, the number of rental housing will skyrocket in a few years to the extent that the housing market in the city will overrun demand.
I really can’t find the answer.
Which of the following is a way in which business benefits society?
A. It provides competition to improve customer choice.
B. It discourages innovation.
O C. It forbids social bonds in the workplace.
O D. It prevents the creation of new jobs.
SUBMIT
Answer:
A. It provides competition to improve customer choice.
Explanation:
Businesses are established to offer solutions to society's problems. Entrepreneurs identify a need or a want in society and avail products or services that will meet that need. The reward to the entrepreneur is the profit they make by charging a higher price on products than the cost incurred in availing them.
Entrepreneurs are innovative people always seeking new ways of doing things. Business competition has made innovation and creativity a necessity. Entrepreneurs are developing new, efficient, and cost-friendly products to win more customers. The biggest beneficiary is the customer and society at large as they get quality products at fair prices.
Answer:
a. it provides competition to improve customer choice
Explanation:
Crown Co. can produce two types of lamps, the Enlightner and Foglighter. The data on the two lamp models are as follows: Enlightner Foglighter Sales volume in units 500 400 Unit sales price $ 300 $ 400 Unit variable cost 200 240 Unit contribution margin $ 100 $ 160 It takes one machine hour to produce each product. Total fixed costs for the manufacture of both products are $90,000. Demand is high enough for either product to keep the plant operating at maximum capacity. Assuming that sales mix in terms of units remains constant, what is the breakeven point in total units
Answer:
Crown Co.
The breakeven point in total units is:
711 units
Explanation:
a) Data and Calculations:
Enlightner Foglighter Total
Sales volume in units 500 400 900
Unit sales price $ 300 $ 400
Sales value $150,000 $160,000 $310,000
Unit variable cost 200 240
Variable costs $100,000 $96,000 $196,000
Unit contribution margin $ 100 $ 160
Total contribution $50,000 $64,000 $114,000
Machine hour 1 1
Weighted contribution margin per unit $126.67 ($114,000/900)
Total fixed costs $90,000
Variable costs $196,000
Total costs = $286,000
Weighted contribution margin per unit:
Enlightner Foglighter Total
Unit contribution margin ($ 100 *5/9) ($ 160 * 4/9)
$55.56 $71.11 $126.67
Break-even point in total units = Fixed costs/Weighted contribution margin per unit
= $90,000/$126.67
= 710.5 units
After analyzing his business venture, Jim chalked out a business plan, which included maintaining a high liquidity to cover any cash crunch
ata future date. He also insured his inventory to cover allosses that could arise due to theft and damage as his goods are transported
and stored in warehouses all over the country. How would you classify his plan?
Jim's business policy could be classified as a
plan.
Answer:
Descriptions Terms a. Begins with net income and then lists adjustments to net income in order to arrive at operating cash flows. b. Item included in net income, but excluded from net operating cash flows. c. Net cash flows from operating activities divided by average total assets. d. Cash transactions involving lenders and investors. e. Cash transactions involving net income. f. Cash transactions for the purchase and sale of long-term assets. g. Purchase of long-term assets by issuing stock to seller. h. Shows the cash inflows and outflows from operations such as cash received from customers and cash paid for inventory, salaries, rent, interest, and taxes.
The primary difference(s) between selecting the binomial (Cox-Ross-Rubinstein) model for valuing stock options versus the Black-Scholes option pricing model is:
Answer:
the consideration of the option over a period of time
Explanation:
The Cox-Ross-Rubinstein model is a market model to valuations of the options. It isl also known as the Binomial model. And most popularly known s the CRR model. It is multi period market stock model for stock price.
The Black-Scholes option pricing model is used to estimate the fair policy or the theoretical value of a call that is based o 6 variables including time, volatility, strike price, type of option, etc.
The main differences of a Cox-Ross-Rubinstein model and a Black-Scholes model is
--the consideration of any option over the period of time
--it is used for the stocks which pays a dividend without the model modification .
do you want to buy mah flamago milk?
yes plz gimmie flamago milk
Answer:
no thank you man I'm lactose intolerant
United Airlines and Continental Airlines decided to merge, in part because the companies had little overlap in their domestic routes and hubs. This is an example of
Answer: Synergy
Explanation:
Synergy simply refers to an interaction or a cooperation that exists between two or more organizations, in order to have a greater combined effort which is vital for the achievement of organization goals.
When there is a combined effort of the organizations, the achievement of success would be possible. Therefore, United Airlines and Continental Airlines merging because the companies had little overlap in their domestic routes and hubs is an example of synergy.
A person’s _______________ shape how he or she views the world.
a.
visions
b.
beliefs
c.
customs
d.
manners
Answer:
B
Explanation:
QUESTION 4 of 10: In this market research step, data related to the problem are collected and studied:
a) Choose the best solution
b) Analyze data
c) Obtain data
d) Identify the problem
o
Answer:
b/ because its acurat
Explanation:
Answer:
c … obtain data
Explanation:
thanks me later
Which process is used to produce very high volume products where little product variety is required? A. job shop B. batch production C. project D. mass assembly
Answer:
D. mass assembly
Explanation:
Mass assembly is a process used to produce very high volume products where little product variety is required.
This ultimately implies that, mass assembly is a manufacturing technique used by various industries or companies to produce standardized products (goods) in large quantities through the use of automated machineries or assembly lines from start to finish.
Hence, mass assembly avails business owners the ability or opportunity to manufacture their products in large quantities so as to enable them meet the needs or requirements of their customers for a long period of time.
Explain how presentations differ based on exploratory research versus surveys.
Answer: On exploratory research versus survey, The presentations differ to confirm the exact nature of the problem to be solved.
Explanation:
On exploratory research versus survey, The presentations differ to confirm the exact nature of the problem to be solved." It is used to ensure that further research is taken into account during the experiment. exploratory research versus survey, The introductions contrast to affirm the specific idea of the issue to be understood." It is utilized to guarantee that further examination is considered during the trial, just as organize research.
Survey may be an area view of what's been considered without going into much depth sometimes
The Transportation and Logistics career cluster serves
government and national security.
the military and the secret service.
airplane passengers and grocery stores.
lawmakers and electricity providers.
Edit: I think the answer's A
Answer:
airplane passengers and grocery stores.
Explanation:
The Transportation, Distribution, and Logistics cluster is made up of drivers and other workers who work behind the scenes to ensure efficient transportation at all times. The other workers include pilots, locomotive drivers, mechanics, transport planners, parking lot attendants, civil engineers, and many others.
Workers in the transport and logistics cluster serve passengers using the air, rail, water, and road transport network. They provide courier services to retail stores, homes, and offices. Work in this cluster revolves around providing transport services.
The Transportation and Logistics career cluster serves a wide range of industries and sectors, including airplane passengers and grocery stores. This includes airport operations, airline management, baggage handling etc. Hence, option C is the correct answer.
The transportation and logistics industry serves the needs of airplane passengers by facilitating air travel like Passenger transportation services.
Additionally, the industry supports grocery stores and other retail businesses by transporting goods and products from manufacturers to distribution centers and ultimately to retail locations.
Hence, option C is the correct answer.
Learn more about airport operations here:
brainly.com/question/33136726
#SPJ6
What is bootstrapping technique 1 buying as much as u can 2 leasing as much as u can
Answer:
2. Lease as much as you can.
Explanation:
The term 'bootstrapping' can be defined as a process used by entrepreneurs to bringing in use their own assets as the capital resource. These resources can include personal savings, personal property area, etc. An enterprenuer can use these resources to ensure positive cash flow.
The most common way of bootstrapping is to lease your resources. One can lease his/her resources as much as one can under bootstrapping technique.
Therefore, option 2 is correct.