Therefore, the profit for the company from Model A is $14.50 and the profit from Model B is $17.00.
Given that Number 2 Transatlantic Venture bought two types of electronic calculators for sale. Model A costs $42.00 and sells for $56.50. Model B costs $78.00 and sells for $95.00 and business overhead is 24% of the cost.
We are to determine the profit for the company from each calculator.
Profit is the difference between the selling price and the cost price of a product. It is defined as revenue minus cost. Mathematically,
Profit = Revenue - Cost
Where,
Revenue = Selling Price
Cost = Cost Price
Now,
Profit from Model A = Selling Price of Model A - Cost Price of Model A
Profit from Model A = $56.50 - $42.00Profit from Model A = $14.50
Hence, Profit from Model A is $14.50
Now,Profit from Model B = Selling Price of Model B - Cost Price of Model B
Profit from Model B = $95.00 - $78.00
Profit from Model B = $17.00
Hence, Profit from Model B is $17.00
Therefore, the profit for the company from Model A is $14.50 and the profit from Model B is $17.00.
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what is the source of income for the four sectors of the economy
Answer:
Consumer, Investment, Government, and Foreign.
Explanation:
Consumer:
Personal disposable income
Investment:
Retained earnings
Government:
Indirect business taxes, Corporate income taxes, Social Security contributions, and Individual Income taxes.
Foreign:
No specified source of income but is instead represented by the difference in goods sent abroad and goods purchased from abroad.
Hope this helps! Have a great day my loves<3
-Heiwa
Stubbs company uses the perpetual inventory method and the weighted-average cost flow method. on january 1, year 2, stubbs purchased 1,400 units of inventory that cost $12.00 each. on january 10, year 2, the company purchased an additional 600 units of inventory that cost $7.25 each. if the company sells 1,600 units of inventory for $24 each, what is the amount of gross margin reported on the income statement
To calculate the gross margin, we need to first determine the cost of goods sold (COGS) and the total revenue generated from the sale of 1,600 units of inventory.
The total cost of inventory on hand on January 1, year 2 is:
1,400 units × $12.00 = $16,800
The total cost of inventory purchased on January 10, year 2 is:
600 units × $7.25 = $4,350
The total cost of inventory available for sale is:
$16,800 + $4,350 = $21,150
The weighted-average cost per unit is:
($16,800 + $4,350) ÷ (1,400 + 600) = $18.90
The cost of goods sold for 1,600 units is:
1,600 units × $18.90 = $30,240
The total revenue generated from the sale of 1,600 units is:
1,600 units × $24.00 = $38,400
Therefore, the gross margin is:
$38,400 - $30,240 = $8,160
The amount of gross margin reported on the income statement is $8,160.
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Lenders Loan Company and Mortgage Service Corporation--Nadya's creditors-contract with Nadya for the discharge of her liquidated debts on payment of a lesser sum. This is
O in violation of most states' laws.
O a subrogation
O a suretyship agreement.
O a composition agreement.
The situation described, where Nadya's creditors enter into a contract with her to discharge her liquidated debts on payment of a lesser sum, is known as a composition agreement.
A composition agreement is a legal arrangement between a debtor and multiple creditors, whereby the debtor proposes to pay a reduced amount to satisfy their debts in exchange for the creditors' agreement to accept the reduced payment as full settlement. This agreement allows the debtor to avoid bankruptcy and provides the creditors with the opportunity to receive at least a partial payment of their debts.
In a composition agreement, the creditors typically agree to accept a reduced amount as a compromise settlement, recognizing that receiving a lesser sum is more beneficial than risking potential non-payment in bankruptcy proceedings. This agreement is typically voluntary and requires the mutual consent of both the debtor and the creditors.
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Although Zappos has around 900,000 unique products in its warehouse, company executives think there is room for more. Zappos is utilizing ______ for this promotion.
Answer: email marketing
Explanation:
Email marketing is the act of promoting a business, a product or anything worth promoting or an exchange of mail. This emails are sent to existing and prospective customers either telling them of this new product or promoting existing goods and services. Zappos utilizes email marketing for this promotion.
3. Businesses not associated with the government are referred to as what type of jobs?
a. Public Sector
b. For Profit Sector
C. Private Sector
d. None of the above
Answer:
Private Sector
Explanation:
I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint
The Government of Country Y owns and controls many businesses. "The public sector always produces goods and services more efficiently than privately owned businesses', a Government minister recently said. Other ministers disagree and want to privatize many state-owned businesses. The private sector businesses in Country Y produce 55 per cent of total output - mainly in services such as transport, tourism and finance. The secondary sector of industry produces 35 per cent of total output.
Answer:
what do i have to answer?
Explanation:
a stock is currently selling for $73 per share. you could purchase a call with a strike price of $68 for $7. you could purchase a put with a strike price of $68 for $2. calculate the intrinsic value of the call option.
The intrinsic value of the call option would be $5. Explanation: Intrinsic value of the call option refers to the amount by which an option is in the money.
If the underlying asset price is less than the strike price, then the intrinsic value would be zero. If the underlying asset price is greater than the strike price, then the intrinsic value would be positive. Intrinsic value can never be negative.
Let's calculate the intrinsic value of the call option: Strike price of the call option (K) = $68Current market price of the stock (S) = $73Intrinsic value of the call option (C) = S - K = $73 - $68 = $5
Therefore, the intrinsic value of the call option is $5.
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A __________ breach of contract discharges the nonbreaching party’s duties and permits that party to sue for damages or __________ the contract and seek __________.
A material breach of contract discharges the non breaching party’s duties and permits that party to sue for damages or revoke the contract and seek a temporary injunction.
A material breach allowed by the contract cannot even come close to being a breach, much less a significant breach, according to contract law. Additionally, the duties sum was not paid. You would have the right to sue if you ordered a computer online and only received the monitor because that would constitute a serious non breaching of the contract. There are numerous ways a contract might be broken, however the following are the most typical: Content Breach Impertinent Breach.
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Maria earned $5,250 , $4,800 , $3,990 , and $5,120 from her home business during the last four months. What was her average monthly income during this period?
Answer:
$ 4,790 was her average monthly income~
Explanation:
Given;
Earned $5,250 , $4,800 , $3,990 , and $5,120 from her home
business during the last 4 months.
To find;
What was her average monthly income during this period?
Add the earnings( $ 5, 250 + $4, 800 + $3, 990 + 5, 120 )
= 19, 160
The answer you get by adding the earnings, divide that by 4.19,160 ÷ 4 =
4,760
And you’re done! ✔️
→ ( sorry for answering it late ) ←
Suppose that the World demand for coffee continues to rise, and the Brazilian government keeps investing in the coffee industry but also begins to spend some of its coffee revenue on the country’s non traded service sector. According to the introductory article, which of the following accurately describe the long-term outcome of the high demand for coffee on the market for medical equipment. Check all that apply.
A. The manufacturing sector continues to lose resources due to the spending effect.
B. The manufacturing sector continues to lose resources due to the resource movement effect.
C. As the supply for medical equipment adjusts, the workers begin to return to the manufacturing sector.
D. The manufacturing sector loses its international competitiveness.
E. Brazil’s dependence on coffee revenues increases.
The increased demand for coffee and the Brazilian government's response likely leads to a resource movement effect and a spending effect, causing the manufacturing sector to lose resources and potentially reduce its international competitiveness.
Explanation:Given the rise in demand for coffee, the Brazilian government's continued investment in the coffee industry would potentially lead to a resource movement effect where resources are shifted from the manufacturing sector towards the booming coffee industry. This would lead to option B: The manufacturing sector continues to lose resources due to the resource movement effect.
Simultaneously, the increased spending on the country’s non-traded service sector would cause a spending effect, further diverting resources from the manufacturing sector, hence option A: The manufacturing sector continues to lose resources due to the spending effect, is valid.
Consequently, suc shift in resource allocation could underminethethe manufacturingg sector's sector'scompetitivenessr on the global stage, validating option D: The manufacturing sector loses its international competitiveness. However, linking this effect directly with the market for medical equipment requires additional specific factorsor assumptionss thath are not provided in the question.
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Because Pure Foods is the only provider of responsibly farmed, sustainable beef products in the Midwest, it has achieved ______. Multiple choice question. market segmentation a core value production control a competitive advantage
Answer: a competitive advantage
Explanation:
Pure Foods is the only provider of responsibly farmed, sustainable beef products in the Midwest, it has achieved a competitive advantage. Hence, option D is correct.
What is meant by competitive advantage?Competitive advantage is the benefits that a company get over their rivalry as they have some sort of specification in their products and they product extra of something, it might be the cheap rates than the competitors.
These factors provide the producing unit the advantage over rivals in terms of sales or margins. The four basic methods for gaining a competitive edge are cost leadership, differentiation, defensive strategies, and strategic alliances.
One of the three basic types of competitive advantages that businesses can actually take advantage of. They are price, the uniqueness of the good or service, and niche marketing techniques.
Thus, option D is correct.
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A company purchased $11,000 of merchandise on January 5 with terms 3/10, n/30. On January 7, it returned $700 worth of merchandise. On January 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on January 12 is:
Debit Accounts Payable is $10,300
Credit Merchandise Inventory is $309
Credit Cash is $2,182.50
What is perpetual inventory system?
A perpetual inventory system, as opposed to a physical inventory, is a program that continuously estimates your inventory based on your electronic records. This system starts with a physical count as a baseline and updates based on receipt of purchases and shipment of goods.
Based on the information given Assuming the company uses a perpetual inventory system to record the purchases using the gross method, the correct journal entry to record the payment on January 12 will be :
Debit Accounts Payable $10,300
($10,300-$700)
Credit Merchandise Inventory $309
[(3%*11,000)-(3%*700)]
Credit Cash $9,991
($10,300-$309)
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Natalie wants to deposit $2,000 into a savings account at a 1.25 percent interest rate. The interest is compounded every six months. How much interest will she earn over two years?
Answer:
Natalie will earn $50.31 in interest over two years assuming that the interest is compounded every 6 months.
Explanation:
Natalie will earn $50.31 in interest over two years, assuming that the interest is compounded every six months.
Here's how to calculate it:
- First, we need to figure out how many times the interest will be compounded over two years. Since the interest is compounded every six months, there will be four compounding periods per year, or a total of eight compounding periods over two years.
- Next, we can use the formula A = P(1 + r/n)^(nt) to calculate the amount of money Natalie will have in her account after two years, where:
- A is the amount of money in the account after two years
- P is the principal (the initial amount of money deposited)
- r is the annual interest rate (1.25%)
- n is the number of times the interest is compounded per year (4, since it's compounded every six months)
- t is the number of years (2)
Plugging in these values, we get:
A = 2000(1 + 0.0125/4)^(4*2)
= 2000(1.00625)^8
= 2100.31
- Finally, we can subtract the initial principal from the final amount to find the amount of interest earned:
Interest = A - P
= 2100.31 - 2000
= 100.31
Rounding to the nearest cent, Natalie will earn $50.31 in interest over two years.
Answer:
$4050.16
Explanation:
using the formula 2000(1+.0125/2)^2(2) to represent the 6 month period (A=P(1+r/n)^nt) you get 4050.15625 which rouned to the nearest tenth is 4050.16 to represent the change
What is the definition of the product/service bundle?.
Answer:
Product-service bundle definition
Essentially, product bundling is a pricing strategy wherein you group individual products before selling them as a single unit.A product bundling marketing strategy is used to encourage your customers to make more purchases.
I hope this helps :)
Kellogg's Company and General Mills compete in the consumer packaged goods (CPG) sector. Refer to the following 2018 financial data for the two companies to answer the requirements S millions Total revenue Cost of sales and services Average accounts receivable Average inventory Average accounts payable GIS $13,140.6 515.2682 8,821.0 10.312.9 1,382.0 1.5572 1,273,5 1.5629 2.277.6 2.360.0 a. Compute the following measures for both companies Note: Do not round until your final answers, Round your final answers to two decimal places (for example, enter 6.78 for 6.775555). K GIS 0 1. Days sales outstanding (OSO) 2. Days inventory outstanding (DID) 3. Days payables outstanding (DPO) 4. Cash conversion cycle (CCC) 0 0 0 0 0 . b. Which company better manages its accounts receivable? c. Which company uses inventory more efficiently? d. Which company better manages its accounts payable? She
a. Compute the following measures for both companies: Days sales outstanding (DSO) can be calculated using the following formula: DSO = (Average Accounts Receivable / Net Credit Sales) * Number of Days.
K GIS Net Credit Sales $13,900.0 $13,140.6 Days in the year 365 365 DSO = (Average Accounts Receivable / Net Credit Sales) * Number of Days 0 30.59
Days inventory outstanding (DIO) can be calculated using the following formula: DIO = (Average Inventory / Cost of Goods Sold) * Number of Days
K GIS Cost of Goods Sold $9,030.0 $5152.682 Days in the year 365 365 DIO = (Average Inventory / Cost of Goods Sold) * Number of Days 0 68.68
Days payables outstanding (DPO) can be calculated using the following formula: DPO = (Average Accounts Payable / Cost of Sales) * Number of Days
K GIS Cost of Sales $6,727.8 $5152.682 Days in the year 365 365 DPO = (Average Accounts Payable / Cost of Sales) * Number of Days 38.04 66.73
The cash conversion cycle (CCC) can be calculated using the following formula: CCC = DSO + DIO – DPO
K GIS CCC 0 32.54
b. Kellogg's better manage its accounts receivable as its DSO is 0.
c. General Mills uses inventory more efficiently as its DIO is 68.68.
d. Kellogg's better manage its accounts payable as its DPO is 38.04.
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True or False: The income statement records all the revenues and expenses for a given period and shows whether the firm is making a profit or is experiencing a loss.
The given statement is true becasue the income statement records all the revenues and expenses for a given period and shows whether the firm is making a profit or is experiencing a loss.
The income statement is a financial statement that summarizes a company's revenues and expenses over a specific period of time, usually a quarter or a year. It shows the company's profitability by subtracting expenses from revenues. If the result is a positive number, the company is making a profit, and if the result is negative, the company is experiencing a loss.
The income statement is a critical financial statement that helps investors, creditors, and management evaluate the company's performance and financial health.
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In trading account freight belongs to which side debit or credit?
Answer:
Explanation:
In trading account, freight belongs to the debit side. It is a direct expenses on purchases and manufacturing operation
Freight is the cost incurred in transporting an item to its final destination when the terms are FOB shipping point. It is treated as part of the cost of merchandise and recorded in the inventory if the merchandise has not been sold.
Increase in the cost of freight are recorded on the debit side while decrease are recorded on the credit side.
Which interest group most supported the position represented by the dollar bill with the face of bill bryan?.
Banks supported the position represented by the dollar bill with the face of bill Bryan the most.
Since the cessation of U.S. fractional currency notes in 1876, the United States one-dollar bill ($1), sometimes known as a single, has been the lowest value denomination of U.S. paper currency. Currently, the obverse of the coin has a representation of George Washington (1789-1797), the first president of the United States, based on Gilbert Stuart's 1796 painting Athenaeum Portrait, and the reverse has the Great Seal of the United States. The one-dollar bill is the piece of contemporary U.S. currency with the oldest overall design (The current two-dollar bill obverse design dates from 1928, while the reverse appeared in 1976).
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What are two reasons that explain why international trade remains restricted?
The reasons why international trade remains restricted are Protectionism and political instability.
Governments may implement trade restrictions to safeguard companies and jobs from international competition. Examples of this include trade-restrictive tariffs, quotas, subsidies, and other regulations. Protectionism might make it more difficult for foreign companies to sell their goods on a country's market and might make imports more expensive for local consumers.
Political and economic unrest in a nation or region can impede international trade. War or civil upheaval, for instance, might interfere with transportation systems and make it challenging to convey commodities across borders. It can be challenging for nations to trade with one another when there is economic instability, such as severe inflation or currency devaluation. To safeguard their own economy, governments may also implement trade restrictions or tariffs if there is a lack of confidence between nations.
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The purpose of _____ is to set goals and decide on the courses of action that will be used to achieve them.
Answer:
Planning
Explanation:
I think is the answer lmk if its wrong:)
Answer:
Planning
Explanation:
The manager of East India Ice Cream Shop keeps track of the number of customers served at different periods of the day in an attempt to plan a schedule for workers that matches the demand for the restaurant's products. By using this tracking system, the manager of East India is utilizing ________ control.
Answer: Output
Explanation: The output control system refers to one of the organizational control systems which is employed by business strategist and establishment in tracking the progress, growth, flaws and ways whereby an organization can improve, provide better services and ultimately make more revenue. The output control system is focused on that aspect of a business offering which can be quantified, such that executives could analyze the feedback and thus use it as a guide to provide and improve on future projects or services. In the scenario above, data was studied to identify peak periods in other to schedule worker's shift so that the organization would not fall short of workers at the time which they are mostly required.
What does ceteris paribus mean?
Answer:
rat
Explanatio
Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.
Answer:
OB. Gross Purchases.
Explanation:
Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.
Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.
Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.
Bank's Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $200 Deposits $1,600
Loans $800 Debt $250
Securities $1,000 Capital (owners' equity) $150
Suppose a new customer adds $100 to his account at Northeastern Mutual Bank, which the owners of the bank then use to make $100 worth of new loans. This would increase the loans account anddecrease the account.
This would also bring the leverage ratio from its initial value of to a new value of .
Which of the following is true of the capital requirement? Check all that apply.
Its intended goal is to protect the interests of those who hold equity in the bank.
It specifies a minimum leverage ratio for all banks.
The higher the percentage of assets a bank holds as loans, the higher the capital requiremen
This would increase the loans account and increase the deposits account. The initial value of 13.33 to a new value of 14. The higher the percentage of assets a bank holds as loans, the higher the capital requirement. Thus, option (c) is correct.
What is a Balance Sheet?
The balance sheet and details of reconciled transactions for each account are the two most important reports that the accountant will want.
(a) This would increase the reserves account and increase the deposits account.
(b) The bank leverage ratio refers to its Assets divided by Capital (Owner's equity).
Liabilities should match assets. Therefore, keeping both sides equal by adding $100.
= (Reserves + loans + securities)/Capital
= (200 + 800 + 1,000) / 150
initial value of 13.33
After the $100 was borrowed
= (200 + 800 + 1,000 + 100) /150
new value of 14
(c) The capital requirement increases as the proportion of an institution's assets held as loans rises. Given that loans are made from deposits, the capital requirement is intended to safeguard depositors in the event that loans are defaulted upon.
Hence, the significance of the Balance Sheet is aforementioned.
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A significant summer drought takes place in several states, including lowa, Nebraska, Illinois, Minnesota, Indiana, and others. Because
of the drought, the corn crop is severely damaged and limited for market. How will the drought and damage to the corn market likely
affect the overall price of goods?
A)
The drought and damage to the corn market will likely have little effect on
the overall price of goods, since corn production is extremely small in the
United States.
B)
The drought and damage to the corn market will likely have little effect on
the overall price of goods, as most Americans have excluded starches, Like
corn, from their diets.
The drought and damage to the corn market will likely have a great effect
on the overall price of goods, as corn-producers are required members of
the Federal Reserve Board of Governors.
D)
The drought and damage to the corn market will likely have a great effect
on the overall price of goods, as corn is used as a component for many
goods produced and sold in the United States
Answer: D
Explanation:
plz help me wit dis ill give robux XD lol
Answer:
I'm going to guess here and say efficiency, trustworthiness, and patience
Answer:
efficiency
trustworthiness
courteousness
patience
Explanation: cause i got it right and stop lying curious george goku
the (smaller/larger) the mpc, the greater the tax cut needed to induce a specific increase in consumption.
The larger the MPC (marginal propensity to consume), the greater the tax cut needed to induce a specific increase in consumption. MPC measures the proportion of an income increase that is spent on consumption, so a higher MPC indicates a stronger consumer response to a change in income or taxes.
The smaller the MPC (marginal propensity to consume), the larger the tax cut needed to induce a specific increase in consumption. This is because a smaller MPC indicates that individuals are saving more of their income and therefore are less likely to increase their consumption in response to a tax cut. In contrast, a larger MPC means that individuals are more likely to spend any additional income they receive, and therefore a smaller tax cut may be sufficient to induce a desired increase in consumption.
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The larger the MPC (marginal propensity to consume), the greater the tax cut needed to induce a specific increase in consumption. MPC measures the proportion of an income increase that is spent on consumption, so a higher MPC indicates a stronger consumer response to a change in income or taxes.
The smaller the MPC (marginal propensity to consume), the larger the tax cut needed to induce a specific increase in consumption. This is because a smaller MPC indicates that individuals are saving more of their income and therefore are less likely to increase their consumption in response to a tax cut. In contrast, a larger MPC means that individuals are more likely to spend any additional income they receive, and therefore a smaller tax cut may be sufficient to induce a desired increase in consumption.
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4.
manager wants to give a pay rise to everyone who is paid less than the average salary.
This table shows the annual salaries of the employees in the company.
Employee
Salary (in £ thousands)
AJ
16
TM
23
WF
23
SW
22
MT
15.5
RD
18.5
JR
20
LS
23
PB
36
Tick all of the employees who are paid less than the median salary.
Answer: AJ, MT, RD, Jr
Explanation:
Given the following data :
AJ - 16
TM - 23
WF - 23
SW - 22
MT - 15.5
RD - 18.5
Jr - 20
LS - 23
PB - 36
Median salary can be calculated thus :
Arranging salary in ascending order of Magnitude :
15.5, 16, 18.5, 20, 22, 23, 23, 23, 36 (£ thousand)
Meduan salary is the 5th figure in the arrangement = £22 thousand
Therefore, those earning less than the median salary are:
AJ, MT, RD, Jr
If $356,000 of 9% bonds are issued at 95, what is the amount of cash received from the sale? Select the correct answer. $323,960 $388,040 $338,200 $356,000
Answer:
Explanation:
The amount of cash received from the sale of bonds can be calculated by multiplying the number of bonds issued by the issue price. In this case, $356,000 of bonds are issued at 95, which means the issue price is 95% of the face value.
Number of bonds issued = $356,000 / $1,000 (face value) = 356
Issue price = 95% of $1,000 = $950
Cash received = Number of bonds issued * Issue price = 356 * $950 = $338,200
Therefore, the correct answer is $338,200.
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jones buys a lot that has no access by way of a public road. he can gain access to his land by way of his neighbor's land that has public road access select one: a. only if the grantor of the property caused the lot to be landlocked. b. only if his neighbor agrees to give him an easement. c. only by establishing an easement by prescription. d. either if the grantor of the property caused the lot to be landlocked or if his neighbor agrees to give him an easement.
Jones can access his land through a neighbor's public road access if the grantor caused the lot to be landlocked or if the neighbor agrees to grant an easement. so the correct answer is an option (d).
In this scenario, Jones's lot has no access by way of a public road. However, he can still gain access to his land by utilizing his neighbor's land which has public road access.
There are two possible ways for Jones to achieve this.
Firstly, if the grantor of the property intentionally caused the lot to be landlocked, Jones may have legal recourse to obtain an easement.
This could be due to an oversight or intentional action by the grantor that prevents Jones from accessing his land. In such cases, Jones may be entitled to an easement to gain access through his neighbor's land.
Secondly, if Jones's neighbor agrees to provide him with an easement, granting him permission to use their land for access, Jones can also gain access to his lot.
This would require the neighbor's consent and the establishment of a legally binding easement agreement.
Therefore, the correct option is d: either if the grantor of the property caused the lot to be landlocked or if his neighbor agrees to give him an easement.
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