The gross profit margin of Jim given the net income and the net sales is 42.8%.
What is the gross profit margin?Gross profit margin is an example of a profitability ratio. Profitability ratios measures the efficiency with which a company generates profit from its asset.
Gross profit margin = gross profit / net sales
195,000 / 456,000 = 42.8%
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Answer:
c
Explanation:
An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is: Group of answer choices 500. 100.
Answer:
Q:
An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is:
A. 100. B. 2,000. C. 500. D. 1,000. E. 800.
A:
Answer C. 500.
The break-even point volume is 500. Thus, option (c) is correct.
What is a break-even point?The point at which a specific venture's entire costs and total revenues are equal is known as the break-even point. It is the period of time during which a company makes neither a profit nor a loss. When an organization reaches break-even, it has recovered its investment and is no longer losing money.
For the alternative business model, the following formula can be used to determine the break-even point volume:
Break-even point (units) is calculated as follows:
Fixed costs = (Sales price per unit - Variable costs per unit)
The monthly fixed expenditures are $10,000, the variable costs are $50 per unit, and the monthly revenue is $70 per unit.
Break-even point (units) equals $10,000 divided by ($70 - $50) equals 500 units.
As a result, the significance of the break-even point volume are the aforementioned.
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Your question is incomplete, but most probably the full question was.
An alternative will have fixed costs of $10,000 per month, variable costs of $50 per unit, and revenue of $70 per unit. The break-even point volume is:
A. 100. B. 2,000. C. 500. D. 1,000. E. 800.
Texas has a relatively regressive tax structure when compared to most states, which means.
The regressive tax system used by Texas means poorer citizens pay a larger percentage of their income in taxes than do wealthier citizens.
What is regressive tax?A tax is a complusory sum levied by the government or an agency of government on goods and services.
Regressive taxes are uses a flat rate, thus people who earn lower income pay a greater percentage of their income as tax when compared to those that earn a higher income. Examples of regressive tax are sales taxes, payroll taxes, excise taxes, and property taxes.
Here are the options to this question:
Poorer citizens pay a larger percentage of their income in taxes than do wealthier citizens.
poorer citizens do not have to pay taxes but also lack access to most public services
poorer citizens pay a smaller percentage of their income in taxes than do wealthier citizens.
Texas has a flat tax (taxing at the same rate for all incomes), which adversely affects poorer citizens.
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Builders weren't allowed to develop new properties in Cityville for six months. This is likely because the city had enacted a ______
Builders weren't allowed to develop new properties in Cityville for six months. Likely because the city had enacted a Moratorium.
What is Moratorium?
Moratorium can be defined as the process in which something or an activity is being suspended.
The suspension or delay on the activity can tend to be a temporary suspension which is expected to last for a specific period of time.
Therefore Likely because the city had enacted a Moratorium.
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36. Alfalfa Sprouts and Carrot Juice, LLC, a purveyor of health foods, healthy shakes, and
smoothies, buys local
farm fresh organic fruits and vegetables, nuts and beans. It also buys organic breads
and rolls for sandwiches.
The business has a restaurant area where customers can sit, order via an electronic
menu, and pay via the menu.
The company invests half of all profit into stock in environmentally friendly
corporations. It uses a portion of the
remaining profit to periodically purchase new equipment,
Where would the information regarding the company's investments and equipment
purchases be found on the statement of cash flows?
Answer: Cash flows from operating activities
Explanation:
The detail about the companies investment and equipment should be included in the Cash flows from investing activities. Thus, option (a) is correct.
What is cash flow statement?A cash flow statement is a crucial tool for handling finances since it tracks an organization's cash flow. This statement is one of three major reports that assist determine a company's success, together with the balance sheet and the income statement sheet.
Cash flows from investment operations contain data about the company's stock acquisitions, property purchases, and equipment purchases. Cash inflows from the sale or acquisition of non-current assets are examples of investing activity. Therefore, it can be concluded that option (a) is correct.
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Your question was incomplete, probably the complete question was....
O a. Cash flows from investing activities
b. Cash flows from ongoing activities
c. Cash flows from financing activities
d. Cash flows from operating activities
How can volkswagen’s production capabilities best be described?.
The production capacity of a company like Volkswagen can be described as massive.
What is the production capacity?Production capacity is a term to refer to the capacity of a productive unit to produce its maximum level of goods or services with a series of available resources, during a given period of time.
According to the above, we can infer that the production capacity of a company like Volkswagen is massive because its products are in most of the world.
An example of this is that in 2021 this company had a production of about 8.3 million cars worldwide. Due to the above, its production capacity can be described as massive.
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You can eliminate negative parts of your credit score by closing accounts that are overdue.
This is not true. You cannot eliminate negative parts of your credit score by closing accounts that are overdue.
How are negative parts eliminated from a credit score?When a person makes late payments on their credit account, this report is going to remain on their report for a period of about 7 years.
If the person goes ahead to close the account before this period, it still would not remove the late payment.
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Volume is still the number one goal of all acute care hospitals since there is no financial penalties for readmissions A. True B. False
Volume is not number one goal of all acute care hospitals just because there is no financial penalties for readmissions.
What is acute care hospitals?Acute care serves as the level of health care which involves the treatment of patient for a brief but severe episode of illness.
Therefore, giving patient the best treatment is the goal not volume i.e number of patients.
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Journal entry for paid telephone rent for the year by Cheque Rs. 500.
Answer:
telephone rent A/c. Dr. Rs.500
To bank A/c. Rs.500
(being telephone rent paid )
The journal entry of the payment of telephone expenses is that the telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque.
Here is the journal entry for paid telephone rent for the year by Cheque:
The journal entry to record the payment of telephone expenses by cheque is as follows:
Date Account Titles and Explanation Debit Credit
--------------------------------------------------------------------------------
2023-07-18 Telephone expenses $500
Bank $500
(To record the payment of telephone expenses by cheque.)
The telephone expenses account is a nominal account, which means that it is used to record expenses. The bank account is a real account, which means that it is used to record assets. The debit and credit entries are equal in amount, which means that the accounting equation is balanced. The journal entry is dated July 18, 2023, which is the date on which the payment was made. The explanation for the entry provides a brief description of the transaction.
In summary, the journal entry records the payment of telephone expenses by cheque. The telephone expenses account is debited to record the expense incurred. The bank account is credited to record the payment made by cheque. The debit and credit entries are equal in amount, which means that the accounting equation is balanced.
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The name for the theory illustrated in this diagram is the conservative revolution. supply-side economics. slash-and-burn economics.
The theory presented by the diagram in the question is known as trickle-down economics theory.
What exactly is trickle-down economics?This is referred to as supply-side economics. It teaches that tax breaks and corporate benefits eventually reach everyone in the economy.
Reaganomics detractors have consistently expressed their dissatisfaction with this type of economics.
Therefore, the above explanation explains the statement
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Answer:
First question: B. supply-side economics
Second question: C. "trickle-down economics"
Explanation:
A young professional wishes to have $730000 in her retirement account. She invests $900 monthly in the account which earns 11.5% annually. Find the number of payments needed to reach her goal.
Based on the amount that she invests monthly, the interest rate, and the targeted retirement amount, the number of payments would be 42 payments.
How many payments should the young professional make?The number of payments will be the same as the number of months/ periods because that is the frequency of payment.
The number of payments can therefore be found by the NPER formula on a Spreadsheet:
Rate = 11.5%
Pmt = -900
PV = Empty
FV = 730,000
Number of payments is:
= 41.76
= 42 payments.
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If price is initially less than minimum average total cost, resulting losses will cause firms to leave the industry eventually resulting in _____.
Answer:
industry contraction that decreases supply until price rises again to equal minimum average total cost (ATC)
Explanation:
An industry contracts when firms incur losses and leave the industry. The loss of firms or suppliers causes supply to decrease resulting in increases in price until once again the price is equal to the minimum ATC.
Mark is facing a crucial deadline. The work is more than he can handle in the amount of time, but he has not told his manager. He does not think his manager will assign any more resources to the
When Mark does not think his manager will assign any more resources to the project, he's exhibiting the barrier of reluctance.
Who is a manager?A manager simply means an individual who controls the team and ensures that the goals of the organization are achieved.
In this case, Mark does not think his manager will assign any more resources to the project, he's exhibiting the barrier of reluctance. This is a communication barrier.
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In modern economies, credit cards are a _________________ because of their wide acceptance as a method of payment for both goods and services.
Answer:
médium of exchange that is your answer.
Bryne Co. Sells merchandise and collects a 5% state sales tax. The tax is recorded on Bryne's general ledger as a(n) ______ account
The state sales tax (5%) on sales of merchandise will be recorded on Bryne's general ledger as a liability.
What is a sales tax?This is an imposed taxation that is based on the purchased price of products.
In United states, the sales tax varies from state to state because every state determines its rates unlike the general federal tax rate.
In conclusion, the sales tax on sales of merchandise will be recorded on as a liability because it is an outflow on his personal account.
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In modern economies, _____________________ receive money from savers and provide funds to borrowers.
Answer:
financial intermediaries
In modern economies, financial intermediaries receive money from savers and provide funds to borrowers.
What is economies?The term economy refers to the process of production, distribution, and consumption activities. The main components of economies are products and services. The primary sector of the economy is the industrial sector. The family (consumption) and company (product sales) are both parts of the economy.
The process of banks as financial intermediaries, as according to modern economies. An "intermediary" is someone who acts as a go-between for two other parties. Banks are a type of financial intermediary, which means they act as a link between a saver who saves money with a bank and a borrower who gets a loan from the same bank.
As a result, in the modern economies, financial intermediaries receive money from savers and provide funds to borrowers.
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List examples of words that can describe a store's image.
Some words which can be used to describe a store's image are:
Public perceptionPersonal brandWhat is Perception?This refers to the way people view a business with regards to its ease of operations (or lack of it), and ethical outlook, etc.
Hence, we can see that a store that has a bad image, perhaps from selling substandard goods would have a bad/negative public perception and this would affect the business because they would lose customers.
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When using _____ to evaluate training, HR professionals in an organization, typically gather data on training and compare them to data on training at other organizations of similar size in their industry.
When using benchmarking to evaluate training, HR professionals in an organization, typically gather data on training and compare them to data on training at other organizations of similar size in their industry.
The problem causing most recessions is too little a. money (currency plus checking accounts). b. taxes. c. spending. d. unemployment.
Answer:
The answer is D: unemployment
Fesla is a large firm that produces luxury cars for the us market. Recently, fesla decided to buy an unrelated business in italy. What is the most probable organization structure of fesla before and after diversification?.
Answer:
Fesla is a large firm that produces luxury cars for the us market. Recently, fesla decided to buy an unrelated business in italy. What is the most probable organization structure of fesla before and after diversification?.Fesla is a large firm that produces luxury cars for the us market. Recently, fesla decided to buy an unrelated business in italy. What is the most probable organization structure of fesla before and after diversification?.Fesla is a large firm that produces luxury cars for the us market. Recently, fesla decided to buy an unrelated business in italy. What is the most probable organization structure of fesla before and after diversification?.Fesla is a large firm that produces luxury cars for the us market. Recently, fesla decided to buy an unrelated business in italy. What is the most probable organization structure of fesla before and after diversification?.Fesla is a large firm that produces luxury cars for the us market. Recently, fesla decided to buy an unrelated business in italy. What is the most probable organization structure of fesla before and after diversification?.Fesla is a large firm that produces luxury cars for the us market. Recently, fesla decided to buy an unrelated business in italy. What is the most probable organization structure of fesla before and after diversification?.Fesla is a large firm that produces luxury cars for the us market. Recently, fesla decided to buy an unrelated business in italy. What is the most probable organization structure of fesla before and after diversification?.
Well made manufacturing is the most probable organization structure of fesla before and after diversification.
What is diversification?By altering or adding to their products, services, or business lines, or by spreading their risk, corporations can increase their odds of making a profit and/or lower their risk of losing money.
This strategy is justified by the idea that a portfolio made up of various asset classes will, on average, produce superior long-term returns and reduce the risk of any given holding or security.
By choosing specific investments to invest in, investors can diversify on their own. Alternatively, they can hold diversified funds that diversify on their own.
In order for the beneficial performance of some assets to offset the bad performance of others, diversification aims to smooth out unsystematic risk occurrences in a portfolio.
The benefits of diversification only apply if the assets in the portfolio are not fully correlated; in other words, if they react to market factors differently, frequently in opposite directions.
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Relative to a perfectly-competitive labor market, a monopsonized one: Group of answer choices Pays lower wages and hires fewer workers. Pays lower wages and hires more workers. Pays higher wages and hires more workers. Pays higher wages and hires fewer workers.
Relative to a perfectly-competitive labor market, a monopsonized one pays lower wages and hires fewer workers.
What is a perfectly-competitive and a monopsonized labor market?A monopsonized labour market is a market where there is only one employer of labor. The sole employer sets the labor wages and this can lead to low level of wages.
A perfectly-competitive labor market is where there are many employers of labor. Prices are set by the forces of demand and supply.
Baldwin's EBIT (Earnings Before Interest and Taxes) last year was $21,771,033. What was Baldwin's net profit
The net profit is the money that a business earns after the deduction of the expenses for a period of time.
How to calculate the net profit?Your information is incomplete as the data is missing. Therefore, an overview will be given. In order to calculate the net profit, it's important to know the gross profit.
The formula to calculate the net profit will be:
= Total revenue - Total expenses
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Baldwin's EBIT (Earnings Before Interest and Taxes) last year was $21,771,033. What was Baldwin's net profit
The main categories of cash flow activities on the statement of cash flows are:.
The cashflow statement is broken down into three categories: Operating activities, investment activities, and financing activities.
What is cashflow statement?A cash flow statement is also called as the statement of cash flows. It is a financial statement that exhibits how modifications in the accounts of the balance sheet and income impact cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.
Therefore, the cashflow statement is split up into three parts, i.e., operating activities, investment activities, and financing activities.
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Describe two examples of debt investments
Answer:
Tax liens.
Real estate contracts.
Car loan notes.
Owner-financed mortgages.
Student loans.
An inward, left shift in the supply curve (a decrease in supply) for pianos could be caused by _____.
A)ban increase in the price of pianos
B)improvements in the productivity of piano makers
C)an increase in the price of piano parts
D)decrease in consumer income
Wellness pharmaceuticals has released a new antidepressant, lexabuzac. Which type of monopoly does the company most likely have on this medication? natural monopoly de facto monopoly government monopoly technological monopoly.
The monopoly that the company most likely have on this mediation is technological monopoly. The correct option is d.
Monopoly as described by Irving Fisher, is a market with the absence of competition, creating a situation where a specific person or company is the only supplier of a particular thing. This contrasts with a monopsony which relates to a single entity's control of a market to purchase a good or service, and with oligopoly and duopoly which consists of a few sellers dominating a market.
Monopolies are thus characterized by a lack of economic competition to produce the good or service, a lack of viable substitute goods, and the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit.
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Cane Company manufactures two products called Alpha and Beta that sell for $185 and $150, respectively. Each product uses only one type of raw material that costs $8 per pound. The company has the capacity to annually produce 119,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha Beta Direct materials $ 40 $ 24 Direct labor 33 28 Variable manufacturing overhead 20 18 Traceable fixed manufacturing overhead 28 31 Variable selling expenses 25 21 Common fixed expenses 28 23 Total cost per unit $ 174 $ 145 The company considers its traceable fixed manufacturing overhead to be avoidable, whereas its common fixed expenses are unavoidable and have been allocated to products based on sales dollars. Required: 1. What is the total amount of traceable fixed manufacturing overhead for each of the two products
The total amount of traceable fixed manufacturing overhead for Alpha and Beta will be $3332000 and $3689000.
How to compute manufacturing overhead?From the information given, the traceable fixed manufacturing overhead for Alpha will be:
= 119000 × 28
= $3332000
The traceable fixed manufacturing overhead for Beta will be:
= 119000 × 31
= $3689000
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5.) Which strategy for saving do you think would work best for you? Why? (3-6 sentences)
Put it into a savings account because you can only take so muck out of it each year
Giselle wants to buy a condo that has a purchase price of $163,000. giselle earns $2,986 a month and wants to spend no more than 25% of her income on her mortgage payment. she has saved up $33,000 for a down payment. giselle is considering the following loan option: 20% down, 30 year at a fixed rate of 6.25%. what modification can be made to this loan to make it a viable option, given giselle’s situation? a. change to a 15 year fixed loan b. change the interest to 5.5% c. change the down payment to 18% down d. none. this is a viable option for giselle.
The modification that can be made to make it viable is to change the interest to 5.5%.
What is a mortgage payment?A mortgage payment is a payment back of a home loan. It's how you repay the home loan.
The purchase price is $163,000
Money earned per month is $2,986
Not willing to spend more than 25%
The down payment is $33,000
The down rate is 20%
If he changes the interest rate to 5.5%, the total payments made on an annual basis will cost less.
Thus, the correct option is b. change the interest to 5.5%.
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Answer:
Answers b trust me
right on edg 2022
Explanation:
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1. You're the network administrator at a call center. One employee comes to you because his computer shut down and won't turn back on. A few hours later, two other employees report that their connection to the network has been much slower than usual. The call center uses a LAN. Your job is to troubleshoot the problems.
a) What is your first step? (1 point)
b) You go through the first step and find that the power supply is not the problem. Now what do you do? (Hint: Think about the first person to come to you with a problem.) (2 points)
c) You now need to determine how much of the network is affected. What parts aren't working? What does this tell you about the problem? (2 points)
d) What is your next step after figuring out how much of the network has a problem? Why? (2 points)
e) You learn that one of the employees recently downloaded a game to his computer. Which employee most likely did so? Based on this, what do you think caused the network issues? How could you solve this problem? (3 points)
Answer:
a)checking the router to see if the hardware is all connected, go check the computer
b) ask the employee if he downloaded anything suspicious that could have led to the LAN network going down
c)from what I was told the internet is running slowly, a computer has been completely turned off
d)go to other employees and talk to them to see how far and big is the problem
e) I think when the employee downloaded the game I think it also came with a virus that infected the computer, to solve this I think we can get rid of that computer and get a new computer and everything might be solved
Explanation:
As Miles considers approaching a venture capital firm to provide funding for his new mobile app, he should realize that a venture capital firm will Multiple Choice charge a higher interest rate than a commercial bank. offer no more than 20% of the funding he needs. probably want an ownership interest in the business. expect the company to provide a steady dividend income.
Answer:
Probably want an ownership interest in the business.