A credit card is termed as the card that is in the rectangular shape that provides the services and then acquires the payment from the customers. The customers intake the funds from the card to acquire goods and services and then pay for the acquired services.
The correct options are...
B.) To receive his bill at a later date
C.) To be able to pay it over time
D.) To pay interest if he does not pay in full by a certain date
These options are correct because first of all, there was no way for Tyler to immediately get the money into his account so the first answer is not correct. It is also a credit card so he would not need to write a check.
Options:
A. to have the full amount available in his bank account right away
E. to pay interest if he does not pay in full by a certain date
These options are wrong because they do not fulfill the expectation of Tyler regarding the purchase of the credit card.
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Answer:
B.
C.
E.
Explanation: Edge
The iconic Domino Sugars sign, a giant orange neon landmark that has loomed over the city's Inner Harbor for seven decades, was turned off March 1 so contractors can replace it with an LED sign that will "mimic" the look of neon.
The iconic Domino Sugars sign, which has been a prominent orange neon landmark in the city's Inner Harbor, reason for this change is to allow contractors to replace existing neon sign with LED sign. The objective of this replacement is to resemble original neon appearance.
This transition from neon to LED has various benefits, such as improved energy efficiency, lower maintenance costs, and a longer lifespan. LEDs are known for their ability to save energy, reducing both the environmental impact and the costs associated with operating a large, illuminated sign.
Despite these benefits, the main goal of the replacement is to preserve the iconic look of the original sign, as it has become an important part of the city's identity and history.
To achieve this, the new LED sign is designed to "mimic" the look of the original neon sign, maintaining its vibrant orange color and distinctive style.
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Solve the equation 60%of 45
Explanation:
60%of 45
0.6×45
=27
....................
Answer:
27
Explanation:
In a given market, how are the equilibrium price and the market-clearing price related?
a. There is no relationship.
b. They are the same price.
c. The market-clearing price exceeds the equilibrium price.
d. The equilibrium price exceeds the market-clearing price.
(b) - the equilibrium price and the market-clearing price are the same.
The equilibrium price is the price at which the quantity of a good supplied by producers matches the quantity demanded by consumers. The market-clearing price is also the price at which the quantity demanded by consumers equals the quantity supplied by producers, which means that there is no surplus or shortage of the good in the market. Therefore, the equilibrium price and the market-clearing price are the same since they both represent the point at which supply and demand are in balance, and there is no excess supply or demand in the market.
In a given market, the equilibrium price and the market-clearing price are related because they both refer to the same concept. They represent the price at which the quantity demanded by consumers equals the quantity supplied by producers, ensuring that there is no surplus or shortage in the market.
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Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
Both Coca Cola and Benetton are global enterprises. Conduct online research and answer the following questions: What characteristics do these two firms display that qualify them as global enterprises?
Answer: here’s a photo of sample answer
Explanation:
Answer:
Both companies (Coca Cola and Benetton) registered as corporations, and both have a worldwide footprint across a number of countries. Both companies registered under the Companies Act of the respective countries in which they maintain a presence, and both abide by the laws and regulations of each nation.The companies operate on a large scale with huge investments in research and development, machinery, plants, and capital. They have numerous business functions that include marketing, manufacturing, market research, advertising, finance, and many more. They simultaneously work toward their core missions of generating profits, satisfying the needs of their customers, and continuously expanding their presence in current business markets and additional nations. They both raise capital from stock exchange markets.Both firms provide employment opportunities in their host nations and provide good quality products at moderate local rates. They also help in transferring resources such as raw materials and technology from advanced nations to the nations in which they operate.
Explanation:
Marcus started the brainstorming process by jotting down some ideas. What is his next step?
Redo the brainstorming process.
Find the first solution.
Organize his ideas into categories.
Create a list of pros and cons.
Answer:
Organize his ideas into categories.
Explanation:
I just did it ;)
Marcus started the brainstorming process by jotting down some ideas and his next step is organizing his ideas into categories. The correct option is c.
What is the brainstorming process?Brainstorming is a method of generating ideas and sharing knowledge to solve a particular commercial or technical problem, in which participants are encouraged to think without interruption.
Brainstorming is a group activity where each participant shares their ideas as soon as they come to mind. After the session, ideas are categorised and ranked for follow-on action. When planning a brainstorming session it is important to define clearly the topic to be addressed. A topic which is too specific can constrict thinking, while an ill-defined topic will not generate enough directly applicable ideas. The composition of the brainstorming group is important too.
It should include people linked directly with the subject as well as those who can contribute novel and unexpected ideas.
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A company sells its products at Rs 15 per unit. In a period, if it produces and sells 8,000 units it incurs a loss of Rs 5 per unit. If the volume is raised to 20,000 units, it earns a profit of Rs 4 per unit. Calculate the "Margin of Safety (MoS)" of the company (in Rupees) when the company sells 15,000 units of its products.
The Margin of Safety (MoS) of the company when it sells 15,000 units of its products is Rs. 1,12,500.
Calculation of Margin of Safety (MoS):
Breakeven point of the company:
Loss = Rs. 5 per unit
Profit = Rs. 4 per unit
Selling Price = Rs. 15 per unit
Let x be the number of units produced and sold at Breakeven point
x = (Fixed Cost + Total Variable Cost) / Selling Price 5
= (Fixed Cost + 0) / 15
Fixed Cost = Rs. 75,000
The breakeven point in units = (Fixed Costs / Contribution Margin per Unit)
= (75,000 / 10)
= 7500 units
Thus, the company needs to produce and sell 7,500 units to breakeven.
At 20,000 units, the company made a profit of Rs 4 per unit, which means that the Contribution Margin per unit is Rs 4.
The Contribution Margin Ratio (CM Ratio) is given by:
CM Ratio = (Total Sales – Total Variable Costs) / Total Sales
= (4,00,000 - 8,00,000) / 4,00,000
= 50%
Margin of Safety (MoS) = (Current Sales - Breakeven Sales)
Margin of Safety (MoS) = (15,000 - 7,500)
Margin of Safety (MoS) = 7,500 units
Margin of Safety (MoS) in Rupees = Margin of Safety (MoS) x Selling Price
= 7,500 x 15
= Rs. 1,12,500
Therefore, the Margin of Safety (MoS) of the company when it sells 15,000 units of its products is Rs. 1,12,500.
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Teams have better communication than other workers because they get to
a. Know each other better
b. Attend commurication seminars
C. Earn extra benetits packages
d. Use better telephones
In
, people invest money in a company in exchange for the company’s
.
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
Georgina puts $45 into an account which pays interest at a rate of 5.2% per year. How much money would she have after a year
Answer:
The money transfer to the bank accountHELP MEE THIS IS DUE TODAY!!
Why might an individual Persue a career in education and training career cluster.
A. They love to work with others and help them learn new things.
B. They want to earn a bachelor’s degree.
C. They want a career that does not require on job training.
D. They want a career that does not require certification.
Answer:
A) They love to work with others and help them learn new things.
Explanation:
When I was in school, elementary school to be exact, a lot of teachers in training found themselves practicing in my class, so they can be teachers in the near future. This means on the job training is required, especially if you are going to be in charge of the education and temporary needs of your students.
B is wrong because you don't just become a teacher right away, without the proper credentials just to earn a bachelor's degree, that's what trainings are for.
D is also wrong because, as I mentioned before, no one is just going to allow any old person around a bunch of kids to teach them, and especially if they don't have the proper certification. I should know because that's why I had to change teachers in 3rd grade because the teacher I had didn't have the proper certification to work with my type of IEP (Individual Education Plan).
A
Because they love to work with other and help
What does customer retention rate mean?.
The percentage of current customers that continue to be clients after one given time is known as the customer retention rate.
What does retention mean in business?If a business or product does have a high customer retention rate, it means that customers keep utilizing and repurchasing that product or service. Low customer retention refers to the rate at which consumers discontinue utilizing or purchasing a company's goods or services.
What is retention with example?maintaining this or someone's existence, usage, or possession: The preservation of the unpopular tax has been defended by two powerful senators. The firm's expansion has been hampered by the retention of obsolete technologies. heat and water retention.
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to maximize economic surplus, keep increasing output as long as
Answer:Therefore, total surplus is maximized when the price equals the market equilibrium price. In competitive markets, only the most efficient producers will be able to produce a product for less than the market price. Hence, only those sellers will produce a product
Explanation: i no it
For augment economic surplus, continue to increment yield insofar as total surplus is expanded when the cost rises to the market harmony cost.
What is Economic Surplus?Economic surplus is determined by consolidating the surplus advantage that is capable by the two purchasers and makers in an economic exchange.
Surplus relates to products as well as to monetary components, like benefit, income, and capital. Albeit this probably won't give off an impression of being an issue, something like benefit surpluses prompts expanded charge rates, and that additional duty cash might have been contributed somewhere else.
A surplus of capital focuses to the way that the financial backer, entrepreneur, or pioneer put a lot of cash into the organization or task, considering squandered money to be a normal outcome. In economics, the idea of surplus is generally found in the term spending plan surplus. This ordinarily alludes to situations where state run administrations have supported all their set projects and have cash left over subsequently.
Therefore economies actually take a stab at an economic surplus because of the conviction that overflow is superior to shortage.
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Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
What is viability factors researches the demand for products or services?
Answer:
Viability is a mass noun that refers to something's capacity or potential for success. It may be a demand, an idea, a project, or even a plan to change how a business runs. Establishing viability is the goal of a viability evaluation. Product viability is the capacity of a software product to maintain itself or reach its potential.
Explanation:
The term "market viability" describes the commercial potential of a certain market. You may decide whether starting a business in a specific market makes financial sense with the use of a market viability analysis.
Industry size: Is there adequate room on the market for new vendors? Exists room for improvement?
Target market: Do potential customers have more money to spend? Can they afford to purchase your offering?
Competition: Who are the major retailers in this industry, in terms of competition? What are their advantages and disadvantages? How are you going to rival them?
Your objective is to eliminate any markets that are too small, too competitive, or comprised of clients who are unable or unable to pay your prices.
what does a high employment rate include?
which one of the following is not generally a determinant of the reorder point? a. rate of demand b. length of lead time c. lead time variability d. stockout risk e. item purchase cost
Item purchase cost Is not generally a determinant of the reorder point. Option E
What is the Item purchase cost?Generally, The term "Purchase Cost" refers to the entire amount paid for the item(s) or service(s) ordered, which includes all applicable taxes, shipping expenses, and other fees, as well as any potential additional charges.
Delivering inventory in its present position and value results in the acquisition of buy expenses, which include both the value of the transaction and the overhead expenditures associated with it. 1 Money spent on purchases and money spent on travel and food 1
Calculating the purchase price is as simple as multiplying the "unit cost" by the "number of units." To put it another way, there are no bulk discounts available. In addition, the per-unit price stays the same during the course of the year. Order Cost is a kind of fixed overhead cost, and it does not change during the course of the year.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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Manufacturing overhead ______. multiple select question.
a. contains fixed costs
b. consists of many different types of costs
c. is an indirect cost
d. is directly traceable to units produced
Answer:
B. consists of many different types of costs
Manufacturing overheads is such cost that consists of many types of costs, and is also directly traceable to the number of units produced. Therefore, the options B and D hold true.
What is the significance of manufacturing overheads?Manufacturing overheads can be referred to or considered as the overheads that are incurred by a producer in the process of manufacturing the units to be sold in the business. These costs are incurred for the purpose of profit-making.
The overheads of manufacturing consist of different types of costs, and division of the incurred overheads by the total manufactured units will give an idea of the per-unit cost for the firm.
Therefore, the options B and D hold true and state regarding the significance of manufacturing overheads.
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When a seller receives an offer on his or her property, what action would free him or her to consider other offers and also frees the buyer to consider other properties or to make another offer on the same property
The seller can accept the offer, reject the offer, or counter the offer. Accepting the offer means that the seller agrees to all of the terms of the offer and the sale is complete.
Rejecting the offer means that the seller does not agree to the terms of the offer and the sale is terminated. If the seller wishes to negotiate with the buyer, he/she can counter the offer.
A counteroffer modifies some terms of the original offer, such as the purchase price, and allows both the seller and the buyer to further negotiate. This action frees the seller to consider other offers and also frees the buyer to consider other properties or to make another offer on the same property.
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Write the names of sender and receiver of quotation letter in foreign trade.
Answer:
Wydm
Explanation:
What are the differences between flexibility and compromise
Answer:
Flexibility mean you're more flexible about doing something. For example you could have flexible working hours which would mean you can work alot of the time like you can bend easily around when you work and compromise means you're wiling to meet in the middle so an agreement made that makes everyone happy.
Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
A family can have more than one person contributing to the household income for a better financial position.
\(\huge{\mathfrak{\colorbox{black}{\textcolor{lime}{I\:hope\:this\:helps\:!\:\:}}}}\)
♥️ \(\large{\underline{\textcolor{red}{\mathcal{SUMIT\:\:ROY\:\:(:\:\:}}}}\)
The federal government’s health care program for older individuals is ________
_______ is the government’s health care program for low-income families.
Medicare, Medicaid
...
ExplanationAnswer:
medicare, medicaid
Explanation:
edmentum
Most state payroll reports are prepared on
a(n)
basis.
A. monthly
B. annual
C. quarterly
D. semiannual
Brimmo Motorcycles Inc., a
U.S.minus−based
firm, manufactures and sells electric motorcycles both domestically and internationally. A sudden and unexpected appreciation of the U.S. dollar should allow sales to ________ at home and ________ abroad. (Assume other factors remain unchanged.)
A.
increase; increase
B.
decrease; decrease
C.
increase; decrease
D.
decrease; increase
When the value of the U.S. dollar appreciates, it becomes stronger relative to other currencies. The correct option is D. decrease; increase.
Brimmo Motorcycles' products will become more expensive for domestic customers, causing a decrease in sales at home. However, for international customers, Brimmo's products will become relatively cheaper due to the exchange rate, resulting in an increase in sales abroad.
This means that it becomes more expensive for foreign consumers to purchase goods from the U.S. As a result, Brimmo Motorcycles Inc.'s sales abroad are likely to decrease because the cost of their electric motorcycles becomes less competitive in international markets. Conversely, the appreciation of the U.S. dollar makes imported goods more expensive for U.S. consumers.
It's important to note that other factors may also impact sales, such as competition, market demand, and production costs. But all other factors being equal, an appreciation of the U.S. dollar would lead to a decrease in domestic sales and an increase in international sales for Brimmo Motorcycles Inc.
The correct option is D. decrease; increase.
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Each of the following is an example of corporate governance except : a. Adding non-executives to the board of directors b. Properly disclosing financial information C. Ignoring shareholders' rights d. Controlling executives' salaries
Answer:
C. Ignoring shareholders' rights
Explanation:
Corporate governance refers to the way corporate companies are controlled and directed. The board of directors provides corporate governance in a company. Good corporate governance establishes a framework that protects shareholders' rights in the company.
Some of the shareholders' rights include
1. Right to vote
2. Right to transfer ownership
3. Right to dividends
4. Right to inspect corporate documents
The board of directors must ensure fair treatment of all shareholders, including the minority. The board has to put in place mechanisms that address shareholders' concerns and offers redress when their rights are violated.
Why is internal control over cash important? Check all that apply.
- the elevated risk of theft
- the high volume of cash transactions
- the inherent lack of segregation of duties
- the infeasibility of document procedures
Except for option C. All that apply Internal controls must be in place to protect these assets and ensure that only authorized individuals have access to them.
What is Internal Control?Internal control is a procedure implemented by a company's board of directors, management, and other staff members and intended to give reasonable assurance that the information is trustworthy, accurate, and timely. of adherence to relevant laws, rules, contracts, policies, and procedures.
Thus, Internal control is crucial when it comes to cash because it is susceptible to theft or loss. Because of the enormous volume of cash transactions, there is always always a very high risk of theft, which is prevented by the separation of roles and the impossibility of document procedures.
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How do individuals & business benefit from
economic freedom?
Answer:
The benefit are
1. free markets,
2. rule of law,
3. protection of private property,
and
4. open trade—
that boost prosperity and reduce costs
Explanation:
Please mark me as brainlist answer
Assignment Your friend, Big Al, provides you with the following information about his property. Altantica Hotel Number of room 200 Days opes per your 365 95% Average number of rooms available per day Average daily rate $90.00 Variable costs as% of sales 40% Annual fixed cost 5604,800 Desired after-tax pedit $400,000 Tax rate 36% Proposed new assistant manager cost $40,000.00 Big Alaskes you to calculate the following Spreadsetkin Do not calculate SP Percentage ou met type in 100 for SP Percentage in ander for the grad to clealate properts) Per Unit (Room) Percentage SP VC CM Total fixed crets Desired after-tax profit Tax nale Before-tax profit Ron available not per you b. Calculate the rooms sold, occupancy percentage, and sales dollars we will need to breakeven Breakeven point in rooms sold Occupancy Breakeven point in sales dollars e Calculate the rooms sold, occupancy percentage, and the dollars he will need to achieve his desired profits Rooms sold to achieve desired aftestas profit Rounded up Occupancy % Sales dollars to achieve desired aftun-tax profit Big Al decides to hire a new assistant manger to help him out around the hotel, he will pay a total of $40,000 per year to the assistant manager d. Calculate the rooms sold, occupancy percentage, and the sales dollars he will need to breakeven after he fires the new assistant manager. Total fined cons Breakeven poim in noms sold Rounded up Occupancy Breskeven point in sales dollars e Caculate the rooms sold, occupancy percentage, and the sales dollars he will need to achieve his desired profit after be hires the new assistant manager Rooms sold to achieve desired after-tax profit Rounded up Occupancy Sales dollars to achieve desired after-tax profi If occupancy percentage averages 70% after he hires the new muistant manager. 1. what is his margin of safety? Sales (5) Rooms Projected Sales Bakeven Sales Margin of Safety a Assignment Your friend, Big Al, provides you with the following information about his property. Altantica Hotel Number of rooms 200 Days open per year 365 95% Average number of rooms available per day Average daily rate $90.00 Variable costs as % of sales 40% Annual fixed costs $604,800 Desired after-tax profit $800,000 Tax rate 36% Proposed new assistant manager cost $40,000.00 a. Big Al askes you to calculate the following (Spreadsheet hint: Do not calculate SP Percentage. You must type in 100 for SP Percentage in order for the grid to calculate properly.) Per Unit (Room) Percentage SP VC CM Total fixed costs Desired after-tax profit Tax rate Before-tax profit Rooms available for sale per year b. Calculate the room sold, occupancy percentage, and sales dollars we will need to breakeven Breakeven point in rooms sold Occupancy % Breakeven point in sales dollars C. Calculate the rooms sold, occupancy percentage, and the dollars he will need to achieve his desired profits Rooms sold to achieve desired after-tax profit Rounded up : Occupancy % Sales dollars to achieve desired after-tax profit Big Al decides to hire a new assistant manger to help him out around the hotel, he will pay a total of $40,000 per year to the assistant manager d. Calculate the rooms sold, occupancy percentage, and the sales dollars he will need to breakeven after he fires the new assistant manager. Total fixed costs Breakeven point in rooms sold Rounded up - Occupancy % Breakeven point in sales dollars e. Caculate the rooms sold, occupancy percentage, and the sales dollars he will need to achieve his desired profit after he hires the new assistant manager Rooms sold to achieve desired after-tax profit Rounded up Occupancy % Sales dollars to achieve desired after-tax profit f. If occupancy percentage averages 70% after he hires the new assistant manager, what is his margin of safety? Sales (5) Rooms Projected Sales Breakeven Sales Margin of Safety
a. To calculate the following, we use the formula: Per Unit (Room) Percentage SP VC CM Total fixed costs Desired after-tax profit Tax rate Before-tax profit Rooms available for sale per yearThe given information is:Number of rooms = 200Days open per year = 365Average number of rooms available per day = 190 (95% of 200)Average daily rate = $90Variable costs as % of sales = 40%Annual fixed costs = $604,800Desired after-tax profit = $800,000Tax rate = 36%Proposed new assistant manager cost = $40,000.00Using the given information and formula we can find:SP per unit = $90.00VC per unit = 40% of $90 = $36.00CM per unit = $54.00Contribution Margin percentage (Percentage of sales revenue that is available to contribute towards fixed cost and profits) = ($54/$90) × 100 = 60%Total Fixed Cost = $604,800Desired after-tax profit = $800,000Tax rate = 36%Before tax profit = Desired after-tax profit / (1- Tax rate) = $800,000 / (1-0.36) = $1,250,000Rooms available for sale per year = 190 × 365 = 69350 rooms sold, occupancy percentage, and sales dollars we will need to breakevenTo calculate rooms sold, we use the formula: Breakeven point in rooms sold = Total Fixed Costs / CM per unitBreakeven point in rooms sold = $604,800 / $54Breakeven point in rooms sold = 11185.19 ≈ 11,186 (rounded up)Occupancy percentage = (Number of rooms sold / Rooms available for sale per year) × 100Occupancy percentage = (11,186 / 69,350) × 100Occupancy percentage = 16.14% ≈ 16%To calculate sales dollars we need to breakeven, we use the formula: Breakeven point in sales dollars = Breakeven point in rooms sold × Average daily rateBreakeven point in sales dollars = 11,186 × $90Breakeven point in sales dollars = $1,006,740c. To find the rooms sold, occupancy percentage, and the dollars he will need to achieve his desired profits, we use the formula:Rooms sold to achieve desired after-tax profit = (Fixed costs + Desired after-tax profit) / CM per unitRooms sold to achieve desired after-tax profit = ($604,800 + $800,000) / $54Rooms sold to achieve desired after-tax profit = 22,518.52 ≈ 22,519 (rounded up)Occupancy percentage = (Number of rooms sold / Rooms available for sale per year) × 100Occupancy percentage = (22,519 / 69,350) × 100Occupancy percentage = 32.48% ≈ 32%Sales dollars to achieve desired after-tax profit = Rooms sold to achieve desired after-tax profit × Average daily rateSales dollars to achieve desired after-tax profit = 22,519 × $90Sales dollars to achieve desired after-tax profit = $2,026,710d. Big Al decides to fire the new assistant manager. The new fixed cost will be $604,800 because the cost of the new assistant manager is a variable cost.Using this information, we can calculate rooms sold, occupancy percentage, and the sales dollars he will need to breakeven using the following formulas:Breakeven point in rooms sold = Total Fixed Costs / CM per unitBreakeven point in rooms sold = $604,800 / $54Breakeven point in rooms sold = 11,186 (rounded up)Occupancy percentage = (Number of rooms sold / Rooms available for sale per year) × 100Occupancy percentage = (11,186 / 69,350) × 100Occupancy percentage = 16.14% ≈ 16%Breakeven point in sales dollars = Breakeven point in rooms sold × Average daily rateBreakeven point in sales dollars = 11,186 × $90Breakeven point in sales dollars = $1,006,740e. To calculate the rooms sold, occupancy percentage, and the sales dollars he will need to achieve his desired profit after he hires the new assistant manager, we use the formula:Rooms sold to achieve desired after-tax profit = (Fixed costs + Desired after-tax profit + New Assistant Manager cost) / CM per unitRooms sold to achieve desired after-tax profit = ($604,800 + $800,000 + $40,000) / $54Rooms sold to achieve desired after-tax profit = 23,740.74 ≈ 23,741 (rounded up)Occupancy percentage = (Number of rooms sold / Rooms available for sale per year) × 100Occupancy percentage = (23,741 / 69,350) × 100Occupancy percentage = 34.25% ≈ 34%Sales dollars to achieve desired after-tax profit = Rooms sold to achieve desired after-tax profit × Average daily rateSales dollars to achieve desired after-tax profit = 23,741 × $90Sales dollars to achieve desired after-tax profit = $2,136,690f. If occupancy percentage averages 70% after he hires the new assistant manager, we can calculate the Sales Margin of Safety using the following formulas:Rooms sold = Occupancy percentage × Rooms available for sale per yearRooms sold = 70% × 190 × 365Rooms sold = 48,535Sales = Rooms sold × Average daily rateSales = 48,535 × $90Sales = $4,368,150Projected Sales = 70% of SalesProjected Sales = 70% × $4,368,150Projected Sales = $3,057,705Breakeven Sales = Breakeven point in rooms sold × Average daily rateBreakeven Sales = 11,186 × $90Breakeven Sales = $1,006,740Sales Margin of Safety = Projected Sales - Breakeven SalesSales Margin of Safety = $3,057,705 - $1,006,740Sales Margin of Safety = $2,050,965Therefore, his Sales Margin of Safety is $2,050,965.
Per Unit (Room): SP = $90.00, VC = 40%, CM = $54.00
a. Breakeven: Rooms sold = 11,200, Deals = $1,008,000
b. Desired Benefits: Rooms sold = 33,333, Deals = $2,999,970
c. After firing assistant: Breakeven Deals = $941,310
d. After hiring an assistant: Breakeven Deals = $1,073,340
e. The margin of Security: $1,702,340 (Anticipated Deals - Breakeven Deals)
How to calculate the margin of safetya. Per Unit (Room):
Rate SP: $90.00VC (Variable Costs) as a rate of deals: 40%CM (Commitment Edge): $90.00 - (40% * $90.00) = $54.00Add up to settled costs: $604,800Craved after-tax benefit: $800,000Assess rate: 36%Before-tax benefit: $800,000 / (1 - 0.36) = $1,250,000Rooms accessible for deal per year: 200 * 0.95 * 365 = 68,350b. Breakeven point:
Breakeven point in rooms sold: $604,800 / $54.00 = 11,200 (adjusted up)Inhabitance %: (11,200 / 68,350) * 100 = 16.39%Breakeven point in deals dollars: 11,200 * $90.00 = $1,008,000c. Craved benefits:
Rooms sold to realize craved after-tax benefit: ($604,800 + $1,250,000) / $54.00 = 33,333 (adjusted up)Inhabitance %: (33,333 / 68,350) * 100 = 48.80%Deals dollars to realize wanted after-tax benefit: 33,333 * $90.00 = $2,999,970d. After terminating the unused partner chief:
Add up to settled costs: $604,800 - $40,000 = $564,800Breakeven point in rooms sold: $564,800 / $54.00 = 10,459 (adjusted up)Inhabitance %: (10,459 / 68,350) * 100 = 15.31%Breakeven point in deals dollars: 10,459 * $90.00 = $941,310e. After enlisting the unused right-hand director:
Add up to settled costs: $604,800 + $40,000 = $644,800Breakeven point in rooms sold: $644,800 / $54.00 = 11,926 (adjusted up)Inhabitance %: (11,926 / 68,350) * 100 = 17.45%Breakeven point in deals dollars: 11,926 * $90.00 = $1,073,340f. Edge of security:
Deals (5): $2,999,970Rooms: 33,333Anticipated Deals: (48.80% / 100) * 68,350 * $90.00 = $2,710,340Breakeven Deals: $1,008,000Edge of Security: $2,710,340 - $1,008,000 = $1,702,340Note: These calculations are based on the data given within the task.
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