jim and john's sandwich shop has noticed that their profit margin has increased this year. what are all the possible causes for this?A. The company's SG&A Expenses have decreasedB. The company's debt level has increasedC. The company's variable costs (COGS) have decreasedD. The company's sales have increased
Answers
There are several possible causes for Jim and John's sandwich shop experiencing an increased profit margin this year. The correct answer is option a, c and d.
Firstly, option A suggests that the company's SG&A (Selling, General, and Administrative) Expenses have decreased. This could be due to cost-cutting measures, improved operational efficiency, or renegotiation of contracts, leading to lower expenses and higher profits.
Option C indicates that the company's variable costs, specifically the Cost of Goods Sold (COGS), have decreased. This could be a result of better supplier contracts, streamlined production processes, or economies of scale, allowing the business to generate more profit from each sandwich sold.
Option D suggests that the company's sales have increased. This could be due to factors such as effective marketing campaigns, a growing customer base, favorable market conditions, or the introduction of new and popular menu items.
However, option B, stating that the company's debt level has increased, would not typically contribute to an increase in profit margin. Increased debt would generally result in higher interest expenses, which could reduce profitability.
The correct answer is option a, c and d.
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Related Questions
when you are reading and come to an unknown word what should you do first? a.look for clues in the text b. skip it and keep reading c.look it up in a dictnoiry d.ask the teacher what it means. make sure to have an explanation
Answers
Answer:
I sound it out
Explanation:
and the word is conjunction
What are four types of taxes that you pay (or are likely to pay in the future)? Describe these types of taxes
Answers
Four types of taxes that you can pay are the State Withholding Tax, a Federal Withholding Tax, a Property Tax, and a Sales Tax. Both withholding taxes are withheld from your paycheck going into state officials and federal officials. Property Taxes are charged against any personal property that you own, and Sales Tax is what you pay on any purchases that you buy, each price varying depending on what state or country you're in.
The State Withholding Tax, Federal Withholding Tax, Property Tax, and Sales Tax are the four sorts of taxes you can pay.
What is Property Tax?
A property tax, usually referred to as a millage rate, is levied by the majority of regional governments in the United States as their main revenue source. Either real estate or private possessions may be subject to this tax. The majority of property owners are required by law to pay real estate taxes in each of the 50 states of the United States, and state property taxes differ.
It's interesting to note that in the USA, property taxes are the main source of income for state and local governments. Property taxes are assessed based on the value of your home, and the average rate is now between 0.1% and 1.9%.
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hellp! WILL GIVE 30 POINTS!!
Alexis and Damian are both taking a course on picking a career. They go to the same art club so they both know what they enjoy doing. Surprisingly, Alexis and Damian might find careers in the Architecture and Construction Career Cluster that allow them to express themselves through art. Create a list of possible jobs in this cluster that could use an artistic person and explain a task that each job does that the two students might particularly enjoy.
*Dont answer for points, cuz I've gotten scames so many times :/
Answers
Answer:
A few jobs that express how you feel through art are house remodeling because you can decorate with things that make you happy or that show how you feel, professional painter because you can paint how you feel, and a gardener because you make the garden look like something that expresses how you feel.
Explanation:
Hope this helps! Just make sure to edit it a little so that you don't get in trouble! :)
The last step of a cost analysis is to examine the P&L statement or expense reports.
Answers
The last step in the accounting cycle is to make remaining entries by finalizing expenses, revenues and brief accounts on the quit of the accounting period. This includes closing out temporary bills, along with expenses and sales, and moving the net earnings to permanent bills like retained profits.
Income and loss (P&L) declaration refers to a financial statement that summarizes the sales, fees, and fees incurred at some stage in a specified length, usually a quarter or fiscal year. these records offer records about a company’s capacity or inability to generate profit by increasing sales, lowering expenses, or each. P&L statements are often presented on a cash or accrual foundation. company managers and traders use P&L statements to analyze the economic health of a company. A profit and loss (P&L) statement summarizes the revenues, fees and fees incurred all through a selected time frame. A P&L statement offers information about whether or not a company can generate profit by increasing revenue, decreasing expenses, or each. The final step within the accounting cycle is to make closing entries with the aid of finalizing costs, sales and brief bills at the stop of the accounting length. This includes remaining out brief money owed, such as fees and revenue, and moving the net earnings to everlasting debts like retained earnings.
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true or false. when filing an informal complaint, the complaint must be in writing and the chain of command must be notified. (equal opportunity complaint process, page 2)
Answers
The given statement "when filing an informal complaint, the complaint must be in writing and the chain of command must be notified." is True because it can ensure that all the relevant details are captured.
An informal complaint is a type of complaint that is made informally and often does not involve formal legal proceedings. This type of complaint is typically used when an individual has a concern or issue that they would like to raise with their employer, co-worker, or another relevant party.
When filing an informal complaint, it is important to put the complaint in writing. Writing down the details of the complaint can help to ensure that all of the relevant information is included and can serve as a record of the complaint for future reference.
Having a written complaint can also help to prevent any misunderstandings or miscommunication, as it provides a clear and concise description of the issue at hand.
In addition to putting the complaint in writing, it is also important to notify the chain of command. The chain of command refers to the hierarchy of authority within an organization or workplace.
By informing the chain of command, the individual filing the complaint is able to bring the issue to the attention of the appropriate authorities and ensure that it is addressed in a timely manner.
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Apple is constantly striving to introduce new products into the marketplace. At the initial stage, Apple design teams are separated from the rest of the organization and housed in a separate facility to enhance the ability to develop new concepts. This approach has proven to enhance the ability to come up with new concepts in the _____ stage of the new-product development process.
Answers
Answer:
Idea generation.
Explanation:
The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.
There are several stages of the new product development.
The stage in which the Apple company is, in the given scenario, is idea generation.
Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.
Therefore, idea generation is the correct answer.
Presence of the contamination Fusarium results in what unpleasant consequence?
Answers
The presence of the contamination Fusarium in food can result in several unpleasant consequences, depending on the type of food and the strain of the fungus.
Fusarium is a type of mold that can produce mycotoxins, which are toxic compounds that can cause health problems if ingested in large amounts. Some strains of Fusarium can produce mycotoxins that are harmful to humans and animals, including fumonisins, trichothecenes, and zearalenone.
Fumonisins, for example, can cause cancer and other health problems in humans and animals, while trichothecenes can cause vomiting, diarrhea, and other digestive problems. Zearalenone can cause reproductive problems in animals and has estrogenic effects, which can lead to infertility, miscarriage, and other health problems.
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With what skills do you struggle the most? List two. For each one, explain a situation in which there was a negative outcome because you lacked these skills.
:) I will give the branliest!
Answers
Critical thinking- sometimes I make bad decisions, without a doubt.
Those are some examples
Brainly pls
if the government determines whether you get an apartment, you are most likely living in a [1] economy. In a [2] society, the government controls the resources. In a [3] society, the community in theory is supposed to control the resources, but in reality, the [4] does.
[1]- a. command
b. market
c. traditional
[2]- a. capitalist
b. communist
c. socialist
[3]- a. capitalist
b. communist
c. socialist
[4]- a. government
b. individual
c. market
Answers
Answer:
1. a. Command
2. c. Socialist
3. b. Communist
4. a. Government
Explanation:
"If the government determines whether you get an apartment, you are most likely living in a Command economy. In a Socialist economy, the government controls the resources. In a Communist society, the community, in theory, is supposed to control the resources, but in reality, the Government does."
1. A command economy is a type of economy where the government determines what is produced when it is produced, the quantity, as well as the price at which commodities are produced. The government also determines other activities in the economy such as the assignment of living spaces as well as the investments in the economy.
2. A socialist economy is an economy where goods are produced for consumption and are distributed to ensure equity by a centrally placed authority, which is the government.
3. A communist society according to Karl Marx is a classless society where all the resources belong to the entire community and properties are not owned by private individuals. In reality, though, the government actually controls the resources in this type of society. China is a country that practices communism.
From your own understanding on the concept of "Game Theory",
what can you conclude about the relationship between rules of the
game and the outcome that results?
Answers
Game Theory is a mathematical framework used to study decision-making in strategic situations where multiple players are involved. In this context, the rules of the game are critical in determining the outcome that results. The rules of the game define the available choices and actions that players can take, the payoffs associated with each decision, and the order in which decisions are made.
The outcome that results from a game is a function of the actions taken by each player, given the rules of the game. Therefore, changing the rules of the game can significantly alter the outcome of a game. For example, if the rules of the game favor one player over the others, that player is more likely to win the game. Alternatively, if the rules of the game are too restrictive, the outcome may be suboptimal for all players. In conclusion, the rules of the game play a crucial role in determining the outcome of a game, and changing these rules can have a significant impact on the result.
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although a number of states have moved to online voter registration, texas has not due to
Answers
Although a number of states have moved to online voter registration, texas has not due to concerns over security and potential voter fraud.
Some possible reasons for this decision include concerns over security and potential voter fraud, the costs associated with implementing an online registration system, and political opposition to online registration.
In Texas, online voter registration bills have been introduced in the state legislature but have not been successful in passing into law. Some opponents of online registration argue that it could lead to increased voter fraud and that the state's current paper-based registration system is sufficient.
Others have suggested that the costs associated with implementing an online system would be too high, particularly for a state with a large and diverse population like Texas. Additionally, some politicians may view online registration as a partisan issue and may oppose it based on political considerations.
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URGENT!!! When payroll expenses are journalized, the payroll tax expense is entered as ___.
A. a debit
B. neither a debit nor a credit
C. a credit
D. a debit and credit
Answers
When payroll expenses are journalized, the payroll tax expense is typically entered as a debit.
Therefore, the correct answer is A. a debit.
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Miguel was asked to improve his company's report format. Many employees and clients found the reports hard
so read. To increase readability, he used.
shorter lines
lots of white space
more special effects
columns
contrast
longer lines
boxes
Answers
In order to increase the readability, Miguel can use:
Shorter lines. Columns. Boxes. Improving readabilityMiguel can use shorter lines so that the chances of people getting lost when reading a sentence is reduced. He can also present the information in different columns for more organization.
Another way to organize the information can be in boxes. These can explain concepts away from the text so that the report is less cluttered.
In conclusion, there are several ways to increase readability.
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the administrative burden of regulating price in a monopolistically competitive market isa.large because price is usually below marginal cost.b.small due to economies of scale.c.large because of the large number of firms that produce differentiated products.d.small because firms produce with excess capacity.
Answers
The administrative burden of regulating price in a monopolistically competitive market is large because of the large number of firms that produce differentiated products.
In a monopolistically competitive market, each firm has some market power and can set its price above its marginal cost. However, since there are many firms in the market, each with a slightly different product, the demand for any one firm's product is relatively elastic, meaning that if the firm raises its price too high, it will lose customers to its competitors.
This makes it difficult to regulate prices in this type of market since each firm has some degree of control over its pricing, and there are many different products being offered. Therefore, the regulatory authority would need to monitor and regulate the prices of many firms, making the administrative burden quite large.
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Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
I attached a pic of my question, pls help.
Answers
Farmer raising sheep.
You are the senior software engineer at a start-up company developing an exciting new mobile app that will allow salespeople to generate and email sales quotes and customer invoices from their smartphones. Your company's sales force has led a major corporation to believe your product will be available next week. Unfortunately, at this point the software still contains quite a few bugs. The leader of the testing group has reported that all of the known bugs appear to be minor, but it will take another month of testing for his team to be confident the product contains no catastrophic errors. Because of the fierce competition in the mobile app industry, it is critical that your company be "first to market." To the best of your knowledge, a wellestablished company will release a similar product in a few weeks. If its product appears first, your start-up company will probably go out of business.
Answers
In this scenario, the start-up company developing an exciting new mobile app that will allow salespeople to generate and email sales quotes and customer invoices from their smartphones has to handle the challenge of being first to market.
As the senior software engineer, you need to weigh the risks and benefits of releasing a product with known bugs. In this situation, it is important to consider the risks of releasing a product with known bugs and the benefits of being the first to market. On one hand, releasing the product with known bugs could damage the reputation of the start-up company and result in lost sales. On the other hand, being first to market could give the company a competitive advantage and increase sales. The leader of the testing group has reported that all of the known bugs appear to be minor, but it will take another month of testing for his team to be confident the product contains no catastrophic errors. This means that the software still contains quite a few bugs, and there is a risk that some of these bugs could cause catastrophic errors.
To mitigate the risks of releasing a product with known bugs, the start-up company could consider delaying the release until all of the known bugs have been fixed. While this would delay the release of the product, it would also ensure that the product is of high quality and will not damage the reputation of the company.
In conclusion, it is important for the start-up company to balance the risks and benefits of releasing a product with known bugs. While being first to market could give the company a competitive advantage, releasing a product with known bugs could damage the reputation of the company. As the senior software engineer, you need to make a recommendation to the company based on your knowledge of the industry and the product.
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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When you are already employed, and you received your w-2 form, what do you use it for?
Answers
Why do you think that agriculture and Forestry related occupation and important? Give reasons?
Answers
Answer:
These careers supply us with a multitude of food products and alternative energies, among many other important resources for sustaining our country and contribution to the world economy.
Choose the correct terms to complete the sentence.
Larry owns his own gym. He is the only owner. His liability is 1.______
a. unlimited
b. partnership
c. limited
d. undetermined
and he runs a 2._____
a. public company
b. sole proprietorship
c. partnership
Neville is the CEO and shareholder of a company that sells household cleaning products. The company has 75 shareholders and is not
traded on a stock exchange. Neville's company is a 3._____
a. sole proprietorship
b. partnership
c. public company
d. private-limited company
and his liability is 4.______
a. limited
b. unlimited
c. undetermined
Answers
Answer:
unlimited
sole proprietorship
private-limited company
limited
Explanation:
How can economies of scale help explain the existence of financial intermediaries?
A. Financial intermediaries with their vault technology can specialize in keeping deposits safe.
B. Financial intermediaries are relatively large institutions
C. Financial intermediaries have exclusive access to communications technology in the financial sector.
D. Financial Intermediaries are able to operate with lower transaction costs relative to individual lenders or borrowers,
Answers
Economies of scale can help explain the existence of financial intermediaries because of option D: Financial Intermediaries are able to operate with lower transaction costs relative to individual lenders or borrowers.
This means that they can conduct financial transactions more efficiently and at a lower cost than individual lenders or borrowers. As a result, they can offer better rates and services to their customers, which helps to attract more business and further increase their economies of scale. This is one of the main reasons why financial intermediaries exist and why they play such an important role in the financial system.
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Which best describes the facilities involved in the Healthcare cluster?
Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Some facilities are privately owned businesses that are owned by people who want to make money, and some facilities are nonprofit hospitals.
Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Many facilities are nonprofit clinics with the rest of the facilities owned and operated by private individuals to make a profit.
Answers
Answer: (C) Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Answer:
C. government
In order to manufacture a piece of medical hardware that might help millions of diabetics, you are considering hiring a number of subcontractors, since you have a very short deadline. Supplier A has a long track record of completing work on time, and they consistently charge less than other companies. Supplier B will charge more for the parts and their process adds one whole day to the process. If supporting your company's green initiatives is a goal, what factors might make supplier B more appropriate, even with higher charges and a delay on delivery?
To whoever answers this, thank you, and I'm giving them 70 points.
Answers
Answer:
b and c
Explanation:
Answer: Hes right its b and c
Does the state of the US economy have an effect on local businesses started by entrepreneurs? Please explain your answer.
Answers
The state of the United States' economy has an effect on local businesses that are started by entrepreneurs as it determines the amount of sales that the local business would make.
How does the U.S. economy affect local businesses?The state of the U.S. economy determines the income level of the average person in America. If the economy is doing well, then people generally have more income than if the economy is performing poorly.
When the economy is doing well and people have more income, they will be able to buy more goods and services from businesses including the local businesses established by entrepreneurs. If the reverse is the case, then local businesses would generally suffer when the economy is bad and people have less income.
There are also local businesses that see their income increase when the economy is doing poorly for instance, financial planners and health care.
In conclusion, local businesses started by entrepreneurs get affected by the state of the U.S. economy.
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27. Many organizations do not have a formal trouble reporting system. Why do you think this is the case?
Answers
Many organizations may not have a formal trouble reporting system for several reasons. One primary factor could be a lack of awareness regarding the benefits of such a system. Organizations might underestimate the importance of tracking and resolving issues in a systematic manner, which could lead to inefficiencies and dissatisfaction among employees and stakeholders.
Another reason could be the perceived complexity and cost associated with implementing a formal trouble reporting system. Organizations might assume that setting up such a system requires significant resources, both in terms of time and financial investment. This perception might discourage them from establishing a systematic approach to handling issues. Additionally, some organizations may rely on informal methods of reporting trouble, such as personal communication or ad hoc meetings, believing that these are sufficient for addressing problems. In reality, these methods may not be as effective as a formal system in terms of providing transparency, accountability, and traceability. Lastly, organizational culture and resistance to change could also play a role. Employees and management might be accustomed to existing processes and resistant to adopting new systems, especially if they believe that current methods are working well.
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On February 12th, Philips Industries paid $8,520 to Jamison Consulting for consulting services performed in January. What accounts are debited and credited?
A
Debit Accounts Payable and credit Cash
B
Debit Cash and credit Accounts Receivable
C
Debit Cash and credit Accounts Payable
D
Debit Accounts Receivable and credit Cash
Answers
Debit Accounts Receivable and credit Cash, On February 12th, Philips Industries paid $8,520 to Jamison Consulting for consulting services performed in January.
When Philips Industries paid $8,520 to Jamison Consulting for consulting services performed in January, the following accounts would be debited and credited: Debit: Accounts Receivable - The consulting services performed in January were provided on credit to Philips Industries by Jamison Consulting. So, the amount payable to Jamison Consulting would be debited to Accounts Receivable account. Credit: Cash - Philips Industries paid the amount due in February. Therefore, Cash account would be credited.
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HELP MARK YOU THE BRAINLIEST!
For each situation, select one option from below that you think will help increase profit.
A shop that sells fine glassware offers gift wrapping at no extra cost ?
A. Avoid extra payroll expenses.
B. Get the best rates on advertising.
C. Change the product you provide.
D. Use resources wisely.
E. Beat the competition.
F. Get the best rates on supplier purchases.
G. Eliminate some free services.
H. Increase worker efficiency.
Answers
Beat the competition will help to increase profit of a shop that sells fine glassware offers gift wrapping at no extra cost. Option E is correct.
Offering gift wrapping at no extra cost can help a shop that sells fine glassware to differentiate itself from its competitors and attract more customers. By offering this added value service, the shop can potentially increase its sales volume and customer loyalty, leading to increased profits.
However, to truly benefit from this strategy, the shop should ensure that the quality of the gift wrapping is high, and that it is presented as an attractive and desirable service. Additionally, the shop should consider offering other value-added services or unique products to further distinguish itself from competitors and drive sales.
Therefore, option E is correct.
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What is the main purpose of conducting an informational interview?
A.
to seek advice and get information about a particular field of interest
B.
to assess your qualifications for the position that you’re seeking
C.
to demonstrate to an employer that you can handle the job position
D.
to build and expand your social network, which can help you land a job later on
E.
to re-evaluate whether or not you should include a cover letter when applying for jobs
Answers
Answer:
c
Explanation:
Bob sells cookies only in packages of 5.
It costs him $2.50 in materials per
package. Additionally, he has overhead
costs of $1,000 per month. In order to
pay himself a monthly salary of $4,000,
how many packages of cookies does
Bob need to sell per month at $5.00 per
package?
D
4
Answers
Answer:
2000 units
Explanation:
We apply the contribution margin concept in solving this.
The selling price is $5
The $1000 overhead cost represents fixed costs.
The $2.50 material cost is the variable cost.
The salary of $4000 is like profits.
Bob has to sell x items to meet the break-even and attain $4000
Break-even = Fixed cost/ contribution margin per unit
fixed cost =$1000
contribution margin = Selling price - variable cost
=$5 -$ 2.50
=$2.50
break-even in units = $1000/2.50
=400 units
To achievea $ 4000 salary , Bob has to sell 400 units + $4000/2.50
=400 unit +1600 units
=2000 units