The monetary difference between a menu item's cost and sales price is known as the contribution margin. Therefore, the right answer would be contribution margin.
The contribution margin can be expressed in either gross or per-unit terms. It indicates the additional revenue made for each product or unit sold after the variable element of the business's costs have been subtracted.
The selling price per unit less the variable cost per unit is the contribution margin. The metric, also known as dollar contribution per unit, shows how a certain product affects the company's overall earnings.
It offers a means of demonstrating the potential for profit of a certain product being supplied by a business and displays the percentage of revenue that goes toward paying the business' fixed costs. Profit is the amount that remains after fixed expenses have been paid.
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the efficiency-wage theory of worker turnover suggests that firms with higher turnover will have
The efficiency-wage theory of worker turnover suggests that firms with higher turnover will have higher wages.
This theory posits that firms will pay higher wages to their workers in order to reduce turnover and increase productivity. The reasoning behind this is that higher wages will make it less attractive for workers to leave their current job for another one, thus reducing turnover. Additionally, the theory suggests that when workers are paid higher wages, they will be more motivated to work harder and be more productive, which can lead to increased efficiency and profitability for the firm. The efficiency-wage theory of worker turnover suggests that firms with higher turnover will have higher wages, and that this can lead to increased efficiency and profitability for the firm. By reducing turnover through higher wages, firms can reduce the costs and disruptions associated with recruiting and training new workers. Additionally, by motivating workers to work harder and be more productive, firms can increase efficiency and improve overall performance. This can in turn lead to increased profitability for the firm.
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If a firm has two or three sources of capital, what is the sum of the weights of these sources of capital in the WACC formula
The following equation can be used to determine WACC: WACC = [(E/V) x Re] + [(D/V) x Rd x (1 - Tc)]. with E denoting the equity market value. Equity cost is Re.
What is sum?Sum is a mathematical operation that is used to add two or more numbers together. It is usually denoted by a plus sign (+) and is an essential part of basic math. The result of adding two or more numbers together is called the sum. Sum can also be used to add up a set of numbers, or to add up items in a list or array. In addition to its uses in mathematics, sum can also be used to refer to the whole amount of something, such as the sum of money spent or earned, or the sum of points earned in a game. Sum can also be used to refer to the entire amount of a group of items, such as the sum of books on a shelf, or the sum of people in a group. Sum is an important concept in mathematics, and it is often the first operation that children learn when they begin to study math.
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sexual harassment at work occurs whenever ? on the basis of gender affects a person's job. true or false
Every time unwanted behavior based on a person's gender has an impact on their career, it becomes sexual harassment at work. So statement is true.
If there is workplace harassment who is impacted?The safety of your employees and your company are constantly at danger due to sexual harassment at work. The financial health of your business, employee morale, and your reputation are just a few of the many areas that sexual harassment in the workplace may have a negative effect on. Harassment based on a person's perceived or actual sex is known as gender-based harassment. Along with physical threats, assaults, or other unpleasant behavior motivated by a person's gender, it also includes insults, name-calling, stereotypes, and taunts.
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The stockholders' equity accounts of Miley Corporation on January 1, 2014, were as follows.
Preferred Stock (7%, $100 par noncumulative, 4,900 shares authorized) $294,000
Common Stock ($3 stated value, 310,400 shares authorized) 744,960
Paid-in Capital in Excess of Par Value - Preferred Stock 14,700
Paid-in Capital in Excess of Stated Value - Common Stock 496,640
Retained Earnings 679,600
Treasury Stock 39,200
During 2014, the corporation had the following transactions and events pertaining to its stockholders' equity.
Feb 1 Issued 4,500 shares of common stock for $27,000
Mar 20 Purchased 1,820 additional shares of common treasury stock at $8 per share
Oct 1 Declared a 7% cash dividend on preferred stock, payable November 1
Nov 1 Paid the dividend declared on October 1
Dec 1 Declared a $0.60 per share cash dividend to common stockholders of record on December 15, payable December 31, 2014
Dec 31 Determined that net income for the year was $275,800. Paid the dividend declared on December 1.
1. Journalize the transactions
2. Enter the beginning balances in the accounts and post the journal entries to the stockholders' equity accounts
3. Prepare the stockholders' equity section of the balance sheet at December 31, 2014
4. Calculate the payout ratio, earnings per share, and return on common stockholders' equity.
The company's ability to generate returns on the investments it has received from its owners is measured by its return on equity.
What function do stockholders serve?As part of their ownership of a firm, stockholders are entitled to a number of privileges, including voting rights over who sits on the boards of directors, dividend payments, and even a claim to a piece of any remaining assets in the event of a company liquidation.
What distinguishes a shareholder from a stockholder?Additional Courses. Both the phrases stockholder and shareholder relate to the holders of shares in a firm, making them co-owners of the enterprise. Therefore, you can refer to firm ownership using either phrase since they both refer to the same thing.
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Very often, failure to record a liability means failure to record a(n)
a. footnote.
b. asset conversion.
c. revenue.
d. expense
Very often, failure to record a liability means failure to record a(n) expense.
What is expense?An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or other category of expense.For tenants, rent is an expense.For students and parents, teaching is a cost.Expenses are the operating costs incurred by a business in order to generate revenue. It is simply defined as the cost you have to spend to get something. As the saying goes, “It costs money to make money”.Expenses in accounting refer to the money and expenses a business spends to track revenue. Simply put, out-of-pocket expenses are the costs associated with running a business that together contribute to the activities necessary to generate a profit.To learn more about expense from the given link:
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How much was firm xyz's dividends per share if the firm paid $3. 20 million in dividends and there were 4 million shares outstanding?
The dividend per share would simply be the total dividend divided by the shares outstanding.
What are Outstanding Shares?Simply dividing the annual payout by the stock's current price yields the dividend yield. This means that Company A's dividend yield is 2.22% in percentage terms.
The number of shares in circulation for a specific company is calculated by deducting the number of shares issued from the number of shares held in the company's treasury. Treasury stock refers to the shares that a company buys back when it sells its own stock.
The balance sheet for Apple (NASDAQ:AAPL) from 2016 through 2020 is depicted in the graphic below. The bottom line shows how many new shares Apple issued in that fiscal year, while the bottom line shows the number of shares outstanding at the conclusion of each fiscal year.
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Restaurants, bars, and convenience stores are often located near college campuses. These businesses frequently charge higher than normal prices. They are taking advantage of the fact that students Group of answer choices place a high value on their scarce time and are willing to pay higher prices than they would at locations farther from campus. are unable to pay higher prices than the rest of the population, but they are able to succeed because they can sell to a large number of people. place a low value on their scarce time and are willing to pay higher prices than they would at locations farther from campus. place a high value on their scarce time and are unwilling to pay higher prices. are able to pay higher prices than the rest of the population, so the businesses can charge higher prices than they otherwise would have been able to charge.
Answer:
place a high value on their scarce time and are willing to pay higher prices than they would at locations farther from campus
Explanation:
People generally place greater value on those goods and services that have more scarcity. The students faces time scarcity as they dont have much time to visit the restaurants, bars etc so they prefer to purchasing the items from the stores that are near by their campus
So the businesses would take advantage of it and thatswhy they charged high amount from the students
Annuities with payments occurring at the end of each time period are called __________, whereas annuities with payments occurring at the beginning of each time period are called __________.
Annuities with payments occurring at the end of each time period are called ordinary annuities, whereas annuities with payments occurring at the beginning of each time period are called annuities due.
This is because the payments are made either at the end of the period (in the case of an ordinary annuity) or at the beginning of the period (in the case of an annuity due). This affects the timing of payments and the present value of the annuity.
Hence the correct answer to the question is a) ordinary annuities and b) annuities due.
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The lowest unemployment rates in the country are in _____.
A. D.C. and Wisconsin
B. Colorado and Hawaii
C. Alaska and California
D. New York and New Jersey
Colorado and Hawaii has The lowest unemployment rates in the world.
Hence, option B is correct
The reason for the extremely low level of registered unemployment is that all unemployed people who have turned down a job offer twice in a row are automatically removed from the register by employment centers. Furthermore, jobs with a minimum wage are typically advertised in the employment center. Cyclical unemployment is brought on by low consumer demand. When demand declines, businesses lose too much money. Employees must be let go if they don't think sales will increase any time soon. Lower consumer demand results from higher unemployment.The unemployment rate is the proportion of unemployed people in the labor force.To know more about unemployment here
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For marketers, important objectives of a point-of-purchase display are to
a. maximize the consumer's attention and provide storage.
b. encourage repeat purchase and recommendation.
c. generate store traffic and bulk purchasing.
d. minimize brand-switching behavior and incentivize recommendation.
e. increase trial and retaliate against competitors' actions.
Increase trial and retaliate against competitors' actions: Point-of-purchase displays should be designed to encourage customers to try the product. This can be done by offering free samples or special offers, or by retaliating against competitors' promotional activities.
What is encourage customers?Encouraging customers is an important strategy for any business. It is a way to build customer loyalty and increase sales. Encouraging customers involves identifying customer needs and providing them with the best possible service or product, as well as rewards and incentives for continued patronage. This can include offering discounts, providing promotional offers, and providing rewards for repeat customers. It is also important to create a positive customer experience and make sure customers feel appreciated. This can involve providing personalized service and recognizing customers for their loyalty. Taking the time to listen to customer feedback and address any concerns can also go a long way in making customers feel valued.
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Within the relevant range of activity ______. Multiple select question. fixed costs remain constant in total costs and activity can be approximated by a straight line variable costs do not change in total, only per unit
Although activity can be roughly described by a straight line and fixed costs are constant in total expenses, variable costs only fluctuate per unit.
What does a relevant spectrum of activity mean?The range of activity over which these correlations hold true (such as production or sales) is the relevant range. For instance, if the plant is at capacity, expanding production necessitates additional fixed cost investment to expand the facility or to rent or construct another factory.
Is one that consistently occurs over the appropriate spectrum of activity?Total variable costs fluctuate overall but remain constant per unit within the relevant range of activity.
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In corporate governance, _____ is the process of auditing and improving organizational decisions and actions.
CONTROL in corporate governance refers to the process of monitoring and enhancing organisational choices and actions.
Corporations, governments, quasi organisations, political organizations, international institutions, armed services, charities, n't yet corporations, partnerships, unions, and educational institutions, among others, are all legal sorts of organizations. A hybrid firm is one that works in both the public and private sectors at the same time, fulfilling public tasks while also growing commercial market operations. A voluntary association is a group made up entirely of volunteers. Depending on jurisdiction, such organizations might be able to operate without legalities, such as informal clubs or coordinating carcasses with a goal in mind, which they may express in the form of a manifesto, mission, or in an informal way reflected in what they do, because every action taken by an organization, legal or illegal, reflects a goal.
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Which of the following should you NOT do when attempting to improve communication?
Multiple Choice
a. Occasionally nod in agreement.
b. Close your eyes.
c. Speak in a quiet, reassuring tone.
d. Smile and show animation.
e. Lean toward the speaker.
B. Close your eyes
True or False a new restaurant owner, is determining which products to offer on his menu, he is involved in the management function of planning.
The given statement " A new restaurant owner, is determining which products to offer on his menu, and he is involved in the management function of planning" is True.
It is true because selecting products which to offer on his menu fall under the planning strategy.
Setting goals and choosing a course of action to reach those goals are both part of the management task of planning. The managerial function of organising entails creating an organisational structure and assigning human resources to guarantee that goals are achieved.
Planning determines how to run a firm efficiently. It includes selecting the appropriate individuals for necessary future tasks, allocating authority, supplying tools and raw materials, etc.
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A borrower obtained an 70% loan for $600,000. What was the price of the home (to the nearest thousand)
The home's price is $857,000. For $600,000, a borrower received a 70% loan.
What does "borrower" mean?a person or business that takes out a loan, especially one for cash from a bank: Banks support potential new borrowers. Interest is owed by the borrower from the moment the debt is issued until it is fully repaid.
Who is qualified to borrow?Anyone or something using goods, services, or money on credit is referred to as a borrower. The lending of money is where the idea is most frequently used, where a borrower requests for a loan and the lender evaluates their credit.
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What should you consider before shopping?
You must first decide if you actually have the funds to purchase the item. Be truthful about how frequently you plan to use something and consider if you can actually afford it.
What to consider before shopping?Take a step back before shopping anything you "need," and consider if you actually need to buy it. Make sure the purchase won't put you in debt before making it. Furthermore, you don't want to spend money on this item at the expense of anything else you might like to purchase or something you actually need.
Decide how frequently you will use the thing after that. It seldom makes sense to finish the transaction if you are buying something you are expected to use more than once or twice.
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A business that is organized, owned, and managed by one person and has unlimited liability is called a
A sole proprietorship is a type of business that is created, run, and owned by just one person with no limits on liability.
Why do sole proprietorships and LLCs differ?The proprietors of an LLC, referred to as members, are different entities. Members aren't liable for the debts and liabilities of the company, nevertheless. The LLC is accountable in place of that. An unincorporated company with one owner and one manager is known as a sole proprietorship.
How do solo proprietors handle tax payments?An annual Schedule C is filed by a lone proprietor together with their individual 1040 tax return. As part of these returns, they must also submit Schedule SE and pay quarterly self-employment taxes.
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Structures the internal acStructures the internal accounting operations of an organisation within Controlling.Counting operations of an organisation within Controlling.
Answer:
Controlling area.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, account payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Typically, it's a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
In Accounting, Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
Sap FICO is a finance and cost controlling module that avails a business firm or organization the ability to store all of their external and internal financial transaction data at the end of the trading period.
Controlling area structures the internal accounting operations of an organisation within "Controlling." Thus, it manages profits and costs of an organization which are necessary to provide informations to the management for proper decision-making and effective control of its resources.
Unlike price ceilings, price floors lead to very positive effects when properly implemented.
True/False
The given statement about Price floors lead to very positive effects when properly implemented is False.
Price floors have a variety of unforeseen consequences that are hardly ever addressed by decision-makers. The term "price floor" refers to the lowest allowed cost that can be incurred in a market for goods and services, labor, or financial capital. The most widely recognized example of a price floor is probably the minimum wage, which is based on the normative principle that someone doing a full-time job should be able to afford a basic standard of life. It is a limitation on the lowest price at which a thing, commodity, or service may be sold and which is determined by the government or another party. It must be higher than the equilibrium price to be effective.
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write a declaration for two variables , price and cost, that can hold numbers with decimal places.
float price, cost are the declaration for two variables , price and cost, that can hold numbers with decimal places.
The above code declares two variables named "price" and "cost" that can hold numbers with decimal places, using the "float" data type."float price" and "cost" are two variables that are declared using the "float" data type. The "float" data type is used to store decimal numbers (numbers with fractional parts) in programming languages. The "float" data type is a single-precision floating point, which means that it can store decimal numbers with a limited number of digits after the decimal point. The variables "price" and "cost" can be used to store any decimal number, such as the cost of a product or the price of a service.It's important to note that the variables "price" and "cost" are just a placeholder and they do not have any value assigned to them yet, and it's also important to use them properly and assign them a value before using them in any operation.
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Which of the following characteristics are associated with a large group disability income policy?
a. No waiting periods
b. No medical underwriting
c. No elimination periods
d. No limit of benefits
A large group disability income policy are associated with no medical underwriting.so option b is correct.
Which of the following statements most accurately sums up the goal of a disability income policy?Disability income policy helps shield people from financial losses in the event that a sickness or injury prevents them from working and earning a regular income. Short-term and long-term disability coverage are both offered through employers, Social Security, or insurance companies. It can be beneficial to have two different forms of coverage. In the event of a long-term, total disability, disability buy-out insurance offers money to purchase the ownership stake of a handicapped business owner.
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Which of the following is not one of the purposes of an internal control system?
A) The evaluation of performance
B) Safeguarding the company's assets
C) Ensuring that the company is using the most effective marketing plan
D) The assessment of the degree of compliance with company policies and public laws
C). A system of internal controls is not intended to ensure that an organization is employing the best marketing strategy.
Describe the internal control system.Internal control is a practice carried out by management, the board of directors, and other employees of a firm with the goal of providing a reasonable level of assurance that the information is accurate, timely, and reliable.
Internal controls were developed as a means of safeguarding a business and lowering the risk to its objectives. Internal controls support risk mitigation, asset protection, accurate record-keeping, improved operational performance, and regulatory compliance.
Types: There are two main types of internal controls: preventative and detective. Both belong to a successful internal control system.
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A registered representative opens a new account for a customer by telephone and receives an order to sell 300 shares of ABC at the market, regular way. Under FINRA Rules, the registered representative must do which of the following before executing the transaction?
[A] Have the stock in its possession
[B] Nothing, there are no restrictions on accepting the order
[C] Receive reasonable assurance from the customer that the stock will be delivered in good deliverable form within two business days from trade date.
[D] Receive reasonable assurance from the customer that the stock will be delivered in good deliverable form within four business days from trade date.
Receive reasonable assurance from the customer that the stock will be delivered in good deliverable form within two business days from trade date must do before executing the transaction.
What is transaction?
Transaction is the transfer of goods, services, or resources between two or more parties. In business, a transaction occurs when money is exchanged for goods or services. Transactions can also be made between individuals, companies, or other entities. Transactions are typically recorded in the form of a ledger, which is a comprehensive record of all the transactions that occur over a certain period of time. Transactions can be made in a variety of ways, including through cash, check, credit card, or online payment platforms. Transactions are critical to the success of any business, as they are the lifeblood of the organization and enable it to function.
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When compared to a departmental approach, using activity-based costing results in ______ overhead rates. Multiple choice question. the same number of more less
When compared to a departmental approach, using activity-based costing results in more overhead rates.
Are departmental overhead rates equivalent to activity-based costing rates?Activity-based costing assigns product and service-related indirect costs and overheads, whereas the multiple production department factory overhead rate method only assigns product and service-related factory overheads related to the production department.
Which method of allocating overhead costs is thought to be the most accurate?An activity-based costing system is thought to be more complicated than using a single plantwide rate to divide overhead costs, but an ABC system is also thought to be more accurate.
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Your worksheet contains a price in cell AS, and many formulas refer to that price. How would you refer to that price in the formulas? a. AS b. SASS c. SAS d. AS5 a Od
Your worksheet contains a price in cell AS, and many formulas refer to that price. By referring SASS to that price in the formulas.
How do you explain sass?An extension of CSS called Sass (short for "Syntactically amazing style sheets") lets you utilize features like variables, nested rules, inline imports, and more. Additionally, it keeps everything organised and makes the process of creating style sheets quicker. All CSS versions are compatible with Sass.Using variables, mathematical operations, mixins, loops, functions, imports, and other intriguing capabilities makes making CSS considerably more powerful. SASS (Syntactically Awesome Stylesheets) is a CSS pre-processor.Syntactically Awesome Style Sheets, sometimes known as SASS in the context of web development, is a preprocessor scripting language that may be either interpreted or compiled into a CSS file. The primary syntax for SASS, which is built on top of the CSS syntax that currently exists, is SCSS, also known as Sassy CSS.Learn more about CSS refer to :
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What is a pastoral food chain
Why would a developer choose to store source code in Cloud Source Repositories? Choose all the answers that are correct (2 correct answers).
A) To reduce work
B) To have total control over the hosting infrastructure
C) To keep code private to a GCP project
To reduce work and to keep code private to a GCP project would a developer choose to store source code in Cloud Source Repositories. Private Git repositories are known as Cloud Source Repositories and are housed on Goo-gle Cloud.
These repositories enable the creation and deployment of apps and services in an environment that supports code collaboration and version control GCP. They facilitate real-time code writing collaboration between developers based in various places, whether they are working on the front end or the back end. They make it simpler to test and deploy code within the same kind of Cloud Source that is probably running an application in production, such as CSS or Perl.
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what is the value of q when each reactant and product is in its standard state?
In chemistry, the standard state of a substance is its most stable form at a given temperature and pressure. The value of q for a reaction is the reaction quotient, which is the ratio of products to reactants in terms of their concentrations or partial pressures.
It is an important measure of the thermodynamic state of a system. The value of q for a reaction can be determined by calculating the concentrations or partial pressures of each reactant and product and then comparing them to one another.
When each reactant and product is in its standard state, the value of q is equal to the equilibrium constant (K), which is a measure of the relative concentrations of the reactants and products at equilibrium. In other words, when the concentrations of the reactants and products are equal, the value of q will be equal to K.
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PlastiPharm performs a process capability analysis for all processes for new products and repeats the process every six months thereafter. During the analysis, equipment is evaluated to determine if it operates within quality standards. Additionally, the production environment is evaluated to ensure that all factors affecting the process meet the same standards. Which of the following statements best explains why the analyses are conducted?
A process capability analysis helps determine how well a process meets the needs of a customer.
A process capability analysis shows the extent of improvements being made.
A process capability analysis compares the performance of a process to determine improvement.
A process capability analysis demonstrates when a process is stable and performing well.|\
The first statement "A process capability analysis helps determine how well a process meets the needs of a customer" explain why the analyses are conducted.
What is Process Capability?A statistical measure of the inherent process variability of a property is called process capability. Capability studies can be used to assess the ability of a process to meet specifications.
Process capability example 1: Ice cream parlor ice cream must be served at a temperature between -15 and -35 degrees Celsius. Temperature is maintained by a cooling process with a standard deviation (SD) of 2 degrees Celsius. Moreover, this temperature averages -25 degrees Celsius. In general, the higher the Cpk i, the better it is. A Cpk value less than 1.0 indicates that the process is incompetent and bad. Values above 1.33 are considered efficient and values between 1.0 and 1.33 are considered very inefficient. However, you should aim for a Cpk of 2.00 or higher whenever possible.
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Beautiful Lawns Company estimates its doubtful accounts by aging its accounts receivable and applying percentages to various aged categories of accounts. The Beautiful Lawns Company computes a total of $3,600 in estimated doubtful accounts as of December 31, 2016. Its Accounts Receivable account has a balance of $112,800 and its Allowance for Doubtful Accounts has a credit balance of $600 before adjustment at December 31, 2016. How much bad debts expense will Beautiful Lawns report in 2016
Answer:
$3,000
Explanation:
Calculation to determine How much bad debts expense will Beautiful Lawns report in 2016
Using this formula
Bad debts expense=Estimated doubtful accounts -Allowance for Doubtful Accounts credit balance
Let plug in the formula
Bad debts expense=$3,600-$600
Bad debts expense=$3,000
Therefore The amount of bad debts expense that Beautiful Lawns will report in 2016 is $3,000