Ahnberg Corporation had 740,000 shares of common stock issued and outstanding at January 1. No common shares were issued during the year, but on January 1, Ahnberg issued 360,000 shares of convertible preferred stock. The preferred shares are convertible into 720,000 shares of common stock. During the year Ahnberg paid $216,000 cash dividends on the preferred stock. Net income was $2,806,000.What were Ahnberg's basic and diluted earnings per share for the year?
Answers
Answer:
Diluted EPS 1.92
Explanation:
Ahnberg Corporation
1
Net income 2,806,000
Less: Preferred Dividends 216,000
Net income for Common Stockholders 2,590,000
Divide by Common shares outstanding 740,000
Basic EPS 3.5
2
Net income 2,806,000
Divide by Common shares deemed outstanding 1,460,000
(740,000+720,000)
Diluted EPS 1.92
Therefore Ahnberg's basic and diluted earnings per share for the year will be 1.92
Answer:
Basic earnings per share is $3.50 and for the year and diluted earnings per share is $1.92
Explanation:
In order to calculate the basic earnings per share for the year we would have to use the following formula:
Basic EPS=(Net Income - preferred dividends)/Weighted average shares outstanding
Basic EPS=($2,806,000-$216,000)/740,000
Basic EPS=$3.50 per share
Diluted EPS=Total Income-preferred dividends/(outstanding shares+Diluted Shares)
Diluted EPS=$2,806,000/(740,000+720,000)
Diluted EPS=$1.92 per share
Related Questions
Martinson Inc. manufactures industrial-sized landscaping trailers and uses budgeted machine-hours to allocate variable manufacturing overhead. The following information pertains to the company's manufacturing overhead data: Budgeted output units 40,000 units Budgeted machine-hours 10,000 hours Budgeted variable manufacturing overhead costs for 40,000 units $310,000 Actual output units produced 36,500 units Actual machine-hours used 14,600 hours Actual variable manufacturing overhead costs $350,400 What is the budgeted variable overhead cost rate per output unit
Answers
Answer:
Overhead rate per unit= $124
Explanation:
Giving the following information:
Budgeted output units 40,000 units
Budgeted machine-hours 10,000 hours
Budgeted variable manufacturing overhead costs for 40,000 units $310,000
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 310,000 / 10,000
Predetermined manufacturing overhead rate= $31 per machine hour
Now, for each unit:
Machine hours per unit= 40,000/10,000= 4
Overhead rate per unit= 31*4
Overhead rate per unit= $124
eva always wanted to be a veterinarian
Answers
Good for Eva then. lol
Which statement best illustrates an example of economic specialization?
A. An employee leaves a large corporation to start her own business.
о B. A country decides to stop importing goods from foreign
companies.
O C. A business owner only hires employees with a wide variety of
skills.
O D. An artist becomes an expert at designing websites for restaurants.
SUBMIT
Answers
An artist becomes an expert at designing websites for restaurants such a statement best illustrates an example of economic specialization. The correct option is D.
Economic specialization entails the development of specialized knowledge and skills in a particular area of economic activity, and the best example of this is an artist who becomes an expert at creating websites for restaurants.
Economic specialization is the process through which people, organizations, or entire nations concentrate on manufacturing particular commodities or services for which they have a comparative advantage in order to boost production and efficiency. By specializing, people or companies can become more skilled and efficient at creating that good or service, which will boost their output and profits.
Thus, the ideal selection is option D.
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Fender Manufacturing Company needs to know its anticipated cash inflows for the next quarter by month. Cash sales are 10% of total sales each month. Historically, sales on account have been collected as follows: 50% in the month of the sale, 35% in the month after the sale, and the remaining 15% two months after the sale. Sales for the quarter are projected as follows:
January: $60,000
February: $30,000:
March: $90,000.
Accounts receivable on December 31 were $45,000. The expected cash collections of Fender Manufacturing Company for March are:_________
Answers
Answer:
Fender Manufacturing Company
The expected cash collections of Fender Manufacturing Company for March is:
= $58,050
Explanation:
a) Data and Calculations:
Cash sales = 10% of total sales
Credit sales = 90% (100% - 10%)
Cash collections from credit sales:
Month of the sale (50%)
Month after the sale (35%)
Two months after (15%)
Accounts receivable on December 31 = $45,000
January February March
Projected sales $60,000 $30,000 $90,000
Cash sales $6,000 $3,000 $9,000
Credit sales $54,000 $27,000 $81,000
Cash collections from credit sales:
Month of the sale (50%) $27,000 $13,500 $40,500
Month after the sale (35%) 31,500 18,900 9,450
Two months after (15%) 13,500 8,100
Cash collections from credit sales $58,050
The expected cash collections of Fender Manufacturing Company for March =
Cash collections from credit sales $58,050
Cash sales 9,000
Total cash receipts for the month $67,050
Juniper Design Limited of Manchester, England, is a company specializing in providing design services to residential developers. Last year the company had net operating income of $420,000 on sales of $1,500,000. The company’s average operating assets for the year were $1,700,000 and its minimum required rate of return was 15%.
Required:
Compute the company’s residual income for the year.
Answers
Answer: 165,000
Explanation:
To compute the company’s residual income for the year, we can use the formula:
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Given: Net Operating Income = $420,000 sales = $1,500,000
Average Operating Assets = $1,700,000
Minimum Required Rate of Return = 15% = 0.15
Residual Income = Net Operating Income – (Minimum Required Rate of Return x Average Operating Assets)
Residual Income = $420,000 – (0.15 x $1,700,000)
Residual Income = $420,000 – $255,000
Residual Income = $165,000
Therefore, the company’s residual income for the year was $165,000.
The University of Health Services is predicting the treatment of the COVID -19 Virus
patients. Several new Drugs have been developed and are undergoing trial. Still there is a
question of discovering which drug is better to treat the virus effectively.
Given the above scenario, develop a research design which would help to find the best drug.
Answers
Answer:
A possible research design to find the best drug for treating COVID-19 patients could include the following steps:
Selection of a diverse group of patients who have been diagnosed with COVID-19 and meet the inclusion criteria for the study.Randomization of patients into different treatment groups, with each group receiving a different drug or combination of drugs.Administration of the drugs according to a pre-determined dosing regimen, and monitoring of the patients' symptoms and vital signs on a regular basis.Collection of data on the effectiveness of the drugs, including measures such as time to recovery, hospitalization rate, and mortality rate.Analysis of the data using statistical methods to compare the effectiveness of the different drugs and determine which one is most effective.Use of a placebo group or a standard of care group as controlEnsuring that the study is conducted in a double-blind manner, meaning that neither the patients nor the researchers know which group each patient is in, to reduce bias.Ensure that the study is conducted with the ethical standards in mind and with the necessary approvalsPublishing the results in a peer-reviewed journal for further evaluation and replication.Explanation:
your team is working on a project due at the end of the quarter. you propose a timeline that some of your teammates disagree with because many milestones conflict with their other work. what would you do? A propose revising the timeline as a group to account for scheduling conflict. B offer time management techniques so they can stay on schedule. C suggest pushing back the projects deadline one week to help avoid some scheduling conflicts. D politely explain that this schedule is necessary to get the project completed on time. E suggest that your teammates send their schedule to you so you can revise the timeline
Answers
Your team is working on a project due at the end of the quarter. You propose a timeline that some of your teammates disagree with because many milestones conflict with their other work. Propose revising the timeline as a group to account for scheduling conflict is suggested in this situation. Option A is the correct answer.
When faced with disagreement from teammates regarding the proposed timeline, a productive approach is to propose revising the timeline as a group to address scheduling conflicts. Option A is the correct answer.
Here's a step-by-step explanation:
1. Gather feedback: First, listen to your teammates' concerns and understand the specific conflicts they are facing. This will help you grasp the extent of the issue and identify areas where adjustments can be made.
2. Collaborate: Initiate a discussion with your team to collectively revise the timeline. Encourage open communication and active participation from all members. By involving everyone, you can ensure that the revised timeline considers the availability and commitments of each team member.
3. Identify and prioritize milestones: Review the project's milestones and evaluate their dependencies and deadlines. Identify any milestones that can be shifted or rearranged to minimize conflicts. It may be necessary to reprioritize tasks to accommodate the availability of team members.
4. Adjust the timeline: Based on the inputs and discussions, modify the timeline accordingly. Make sure to balance the requirements of the project and the availability of your team members. Consider incorporating buffer time between milestones to allow for unexpected delays or conflicts that may arise in the future.
5. Communicate the revised timeline: Once the timeline is revised, ensure that all team members are aware of the changes. Clearly communicate the rationale behind the revisions and the impact on the overall project. This will help foster understanding and buy-in from all members.
6. Regularly review and adapt: As the project progresses, regularly review the timeline to ensure it remains feasible and adaptable to any new conflicts or challenges that may arise. Continuously communicate and collaborate with your team to address any further scheduling issues that may arise.
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Fewer and fewer customers have been coming into the restaurants. The building manager decides to change the entire menu after he does those he finds out that people love the food, but the service has been driving people away. This represents what kind of problem in the decision making process.
Answers
This illustrates the issue of inadequate option development in the decision-making process.
What is the process for making decisions?Selecting, gathering data, and appraising feasible possibilities are all phases in the decision-making process. If you gather essential information and present your options in a step-by-step manner, you may be able to make more thoughtful decisions.
What prevents people from making decisions?Anxiety may also contribute to indecision. Some people lose motivation because they worry about making the incorrect decision, suffering the consequences, or feeling regret. It's common to be concerned about making a mistake and to feel guilty, irresponsible, exposed, or ignorant. A person can occasionally become paralyzed by the fear of hurting or alienating another person.
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(a) Consider a random variable X which is zero mean Gaussian distributed with unit variance σ2=1. Suppose X is applied to the uniform quantization with the output Y shown below in Figure 1. [PYP AY2021-22] a. Evaluate and sketch the probability density function (PDF) of the output Y. b. Determine the mean and variance of the output Y. c. Design a suitable symbol mapping for the source encoder above. If a source message m(t) is applied to this input quantizer in Figure 1. If it is sent PCM transmission with available bit rate 50×106 bits per sec (bps), determine the maximum message bandwidth WHz for the system to work satisfactory.
Answers
a. The PDF of Y is a uniform distribution with a range of (-3/2, 3/2).
b. The mean and variance of Y are 0 and 1/4, respectively.
c. A suitable symbol mapping for the source encoder is to use a binary codebook with 3 bits.
d. This change in demand would induce entry into the shrimp farming industry in the long run.
a. To evaluate the PDF of the output Y, we need to determine the probability of Y falling in each interval. From the given quantizer characteristics, we know that the interval width is 2/3. The quantizer intervals and their corresponding probabilities are:
Interval [-1, -1/3): Probability = P(X < -1/3) = 0.0478
Interval [-1/3, 1/3): Probability = P(-1/3 ≤ X < 1/3) = P(X < 1/3) - P(X < -1/3) = 0.6827 - 0.0478 = 0.6349
Interval [1/3, 1): Probability = P(X ≥ 1/3) = 0.0478
b. The mean of the output Y can be calculated as the weighted sum of the means of each interval:
mean(Y) = (-1)(0.0478) + (0)(0.6349) + (1)(0.0478) = 0
To calculate the variance of Y, we need to first calculate the variances of each interval:
\(Var(Y | Y ∈ [-1, -1/3)) = [(1/3 + 1)^2 / 12] = 1.4722\\Var(Y | Y ∈ [-1/3, 1/3)) = [(1/3)^2 + (1/3)^2] / 12 = 0.0056\\\\Var(Y | Y ∈ [1/3, 1]) = [(1/3 + 1)^2 / 12] = 1.4722\)
Then, the variance of Y can be calculated as the weighted sum of the variances of each interval:
Var(Y) = (0.0478)(1.4722) + (0.6349)(0.0056) + (0.0478)(1.4722) = 0.9877
c. Since there are 3 quantization intervals, we can use a binary code of length 2 to encode each interval. A suitable symbol mapping for the source encoder could be:
Symbol 00 represents the interval [-1, -1/3)
Symbol 01 represents the interval [-1/3, 1/3)
Symbol 10 represents the interval [1/3, 1)
d. To determine the maximum message bandwidth WHz for the system to work satisfactorily, we can use the Nyquist theorem which states that the maximum message bandwidth is equal to half the sampling rate.
The sampling rate is equal to the number of bits per second divided by the number of bits per sample. Since we are using a binary code of length 2 to encode each sample, the number of bits per sample is 2.
Therefore, sampling rate = 50 × 106 / 2 = 25 × 106 samples per second
Thus, the maximum message bandwidth is:
WHz = 25 × 106 / 2 = 12.5 MHz
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With total reserves of $50,000 and a required
reserve ratio of 10 percent, potential
deposit creation for the banking
system is equal to :
O $20,000
O $50,000
O $80,000
O $300,000
Answers
With total reserves of $50,000 and a required reserve ratio of 10 percent, potential deposit creation for the banking system is equal to $300,000. The correct option is d.
It required reserves = transaction deposits * required reserve ratio
=200000*0.1=20000
Excess reserves =total reserves -required reserves =50000-20000
=30000
Money multiplier =1/required reserve ratio =1/0.1=10
Potential deposit creation =excess reserves * multiplier =30000*10=300000
It is $300,000.
The reserve ratio is the percentage of reservable liabilities the advertisement banks must keep rather than lend or invest. This is a requirement set by the country's central bank, which is the Federal Reserve in the United States. It is also referred to as the cash reserve ratio. The reserve requirement is the minimum amount of reserves which a bank must hold, and it is sometimes used interchangeably with the reserve ratio.
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The United States government sometimes has to interfere with the economy. Why would the government initiate an antitrust suit against a company?
A.
to ensure companies are paying all employees at least the minimum wage
B.
to ensure companies do not monopolize any particular realm of business
C.
to ensure businesses comply with safety and health regulations to protect workers
D.
to ensure businesses are being kind to the environment and not wasting natural resources
Answers
Answer:
c
Explanation:
1. Briefly explain how globalization encourages worldwide economic growth through trade and labor markets. Also, explain how globalization and technological advancement encourage each other. (4 points)
2. Rapid inflation or deflation can have a domino effect on the global economy. One dramatic example occurred in the first half of the 20th century, when the world faced both the Great Depression and World War II. Briefly explain how rapid inflation and deflation affected the global economy during the Great Depression (1929 – 1938), World War II (1939 – 1945), and the postwar era (1946 – 1950). (4 points)
3. Identify and describe the three most common reasons countries trade, and give an example of each of these trade motivations in action. (4 points)
4. Four of the main types of trade barriers are tariffs, quotas, embargoes, and standards. Define each and briefly describe its economic impact. (4 points)
5. Describe the impact of a strong (appreciating) U.S. dollar and a weak (depreciating) U.S. dollar on both the U.S. economy and the economies of major U.S. trading partners. (4 points)
Part II: Application and Critical Thinking (20 points)
6. In the 20th century, the U.S. economy's shift from the gold standard to the Bretton Woods system, and what happened over time as a result, had an important role in changing the United States' standing in the world. Write a short essay on the Bretton Woods system and the global role of the U.S. dollar that addresses the following prompts.
a. Explain what the gold standard was, including its connection to the U.S. and world economies in the early 1900s.
b. Explain the Bretton Woods system and how it initially affected the global role of the U.S. dollar.
c. What was the effect of the Bretton Woods system over time? Explain what happened in the early 1970s that ended the system. How was the status of the U.S. dollar affected as a result?
(20 points)
Answers
1. Globalization places pressure on nations to reduce tariffs, subsidies and other barriers to free trade. As a result, Globalization promotes economic growth, creates jobs, makes companies more competitive and lowers prices for consumers. Globalization increases technological development by allowing countries to gain easier access to foreign knowledge. Globalization also enhances international competition.
2. The worldwide prosperity of the 1920s ended abruptly with the stock market crash in October 1929 and the great economic depression that followed. The inflation of the money supply during this period led to an unsustainable inceease in both asset prices and capital goods.
3. Differences in Technology: Advantageous trade can happen amongst nations if the countries differ in their technological abilities to produce goods and services. For example conversion of resources to outputs
ii. Differences in Resource Endowments: Advantageous trade can happen between nations if the nations differ in their endowments of resources. For example, presence of certain resources in one country and its absence in another.
iii. Differences in Demand: Advantageous trade can happen among countries if demands or preferences differ between countries. Individuals in different countries can prefer or demand for different products. For example, the Chinese are likely to demand more rice than Americans, even if consumers face the same price.
4. Tariffs are described as levies that a government places on imports entering a country, its impact is that it may increase the price of a commodity.
An import quota infers the numerical limit set to deduce the quantity of a commodity that can be imported into a country.
Tariffs and quotas are established to react to international trade and its effects.
5. The impact of the appreciation and depreciation of dollars is that it will reduce inflation in the US and vice versa in their partners. That is, if dollars appreciate, in the US, inflation is reduce and inflation is increased in that of their partners but when dollars depreciate, inflation occurs in the US and not in their partners .
6a. The gold standard is a monetary system where a country's currency or paper money has a value directly linked to gold. The gold standard is not currently used by any government. Britain stopped using the gold standard in 1931, and the U.S. followed suit in 1933, finally abandoning the remnants of the system in 1973.
b. The Bretton Woods System required a currency peg to the U.S. dollar which was in turn pegged to the price of gold.
What was the effect of the Bretton Woods system over time?The Bretton Woods System demanded a currency peg to the U.S. dollar which was in turn pegged to the price of gold. The Bretton Woods System ended in the 1970s but created a lasting influence on international currency exchange and trade through its development of the IMF and World Bank.
Therefore, the correct answers are as given above
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The Supply-Demand Condition of a specific perfectly competitive market is shown in the figure. At the equilibrium point, which of the following areas represents the producer surplus?
Answers
Answer:
the point between the supply intercept and equilibrium or total surplus minus consumer surplus
Assume that you and your classmates are board members of a child care and education center for 60 preschool children located in a community center building. They had asked you to set up the program four years ago. Now the community center director feels he needs your space for additional adult activities during the day. You need to move out of the building in 30 days. What will you do? Consider all the options, and then make a plan.
Answers
The best plan for you would be to write to the education board regarding the issues that you are facing.
What are the functions of the local education board?The education board in a local area can help to do the following
Employ a school superintendentdevelop school policiesDevelop curriculumTake care of all issues that have to do with facilities.Hence the best thing would be to let them know of the issues you are facing in order to determine the best help necessary.
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Traditional marketing revolves around the 4 Ps:
Answers
Traditional marketing revolves around the 4 Ps, which are Product, Price, Place, and Promotion.
These elements form the foundation of a marketing strategy for businesses.
Product: Refers to the goods or services that a company offers to its customers. It involves defining the features, design, and quality of the product.
Price: Involves determining the cost of the product or service and finding the right pricing strategy that aligns with customer expectations and market conditions.
Place: Focuses on selecting the distribution channels and locations where the product will be available for customers to purchase. It includes decisions related to retail outlets, online platforms, or direct sales.
Promotion: Involves the activities undertaken to promote and create awareness about the product. It includes advertising, public relations, sales promotions, and other marketing communication strategies.
These 4 Ps provide a framework for businesses to analyze and optimize their marketing efforts to meet customer needs, increase sales, and achieve overall business objectives.
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A contract pledging title to assets as security for a node or bond is known as (an):
A. Sinking fund.
B. Mortgage.
C. Equity.
D. Lease.
E. Indenture
Answers
Answer:
B. Mortgage.
Explanation:
This is simply explained to be a loan that has been taken in retrospect to purchasing of lands or property. This is of different forms, some are said to run for 15 years while some run up till 30 years in some cases too. In many cases, they are sometimes addressed to be "claims on property". Some are seen to be fixed-rated and in this case, borrowers are known to pays the same interest rate for the life of the loan.
In as much as they are forms of rights from incoperation, individuals and businesses use mortgages to make large real estate purchases without paying the entire purchase price up front. Borrower also repays the loan, plus interest, until she or he owns the property free and clear.
CBS Co is considering a new investment which would start immediately and last four years. The
company has gathered the following information:
Asset cost - $160,000/-
Installation Cost - $25,000/-
Annual sales are expected to be 30,000 units in Years 1 and 2 and will then fall by 5,000 units
per year in both Years 3 and 4. The selling price is expected to be $5.00 per unit. The variable
costs are expected to be $0.70 per unit and fixed costs are expected to be $12,000 per annum.
The asset is expected to have a residual value (RV) of $20,000 in money terms and sale out at the
end of 4th year at the price $28,000.
The project will require working capital investment equal to 10% of the expected sales revenue.
Corporation tax is 30% per annum and Capital gain tax is 25%.
Required:
i. Initial Investment
ii. Subsequent/Relevant Cash flows
iii. Terminal Cash flow
Answers
Working capital expenditure is \(10%\)* (Annual sales * Selling price). Working capital investment equals 10% * (30,000 * $5) = $15,000
What is the Terminal Cash flow?i. Initial Investment: The initial investment can be calculated using the formula below:
Total first investment: $200,000 is equal to $160,000 plus $25,000 plus $15,000
The sales income for the first year is $30,000. ii. Subsequent/Related Cash Flows. Add $5 to make a total of $150,000. $21,000 in variable costs is equivalent to ($30,000 * $0.70).
Fixed expenses total $12,000. You came into the present from the past. A list of the goods you can purchase.
Taxes = $82,000 * 30% = $24,600
The cash flow is $57,400 ($150,000 minus $21,000 minus $12,000 minus $35,000 minus $24,600).
$150,000 in sales revenue is equal to ($30,000 * $5) for the second year. $21,000 in variable costs is equivalent to ($30,000 * $0.70).
The following is a list of the available goods.
Taxes = $82,000 * 30% = $24,600
The cash flow is $57,400 ($150,000 minus $21,000 minus $12,000 minus $35,000 minus $24,600).
The total for variable costs is $17,500 or 25,000 * $0.70.
12% of expenses are fixed. from the past to the present, you.
The following formula is used to determine the taxable gain: $125,000 - $17,500 - $12,000 - $35,000 = $60,500.
Taxes = $60,500 * 30% = $18,150
In order to determine cash flow, divide $125,000 by $17,500, $12,000, $35,000, and $18,150 to get $42,350.
Year 4 sales total $20,000, which equals $14,000 in variable costs ($20,000 * $0.70). Fixed expenses total $12,000. you came into the present from the past.
$100,000 – $14,000 – $12,000 – $35,000 = $39,000 is the taxable profit.
$39,000 * 30% = $11,700 ($28,000 - $20,000) * 25% = $2,000 for capital gains tax) is what taxes come to.
The cash flow is $100,000 - $14,00 - 12,00 - 35,00 - 11,700 - 2,000 = 25,300.
Therefore, iii. Final Cash Flow: Terminal cash flow is the total selling proceeds less any capital gains taxes. In total, $28,000 was made through sales (28,00 minus capital gains tax).
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The postal service of St. Vincent, an island in the West Indies, recently introduced a limited edition deluxe souvenir sheet priced at $15.00 each. The initial market response was quite positive, with an increase in unit sales compared to the regular souvenir sheets. The postal service sold a total of 50,000 units of the deluxe souvenir sheet.
Based on the given information, calculate the following:
What was the postal service's increase (decrease) in total contribution margin when it sold 50,000 deluxe souvenir sheets at $15.00 each, compared to selling 80,000 regular souvenir sheets at $8.00 each?
By what percentage did the St. Vincent post office increase the selling price for the deluxe souvenir sheet compared to the regular souvenir sheets? Additionally, calculate the percentage increase in unit sales for the deluxe souvenir sheet compared to the regular souvenir sheets. (Round your answers to one-tenth of a percent.)
If the postal service wants to maintain the same total contribution margin per unit for the deluxe souvenir sheets as it did for the regular souvenir sheets, what selling price should they set for the deluxe souvenir sheet? (Round your answer to the nearest whole dollar.)
Calculate the number of deluxe souvenir sheets the postal service would need to sell at the price determined in question 3 to equal the total contribution margin earned by selling 80,000 regular souvenir sheets at $8.00 each. (Round your answer to the nearest whole number.)
Please show your calculations and provide explanations for each answer.
Answers
1. the postal service experienced an increase in total contribution margin of $7.00
2. The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. The postal service should set the selling price for the deluxe souvenir sheet at $15.00
4. The exact number of deluxe sheets is 45.
Calculation of the increase (decrease) in total contribution margin:
The contribution margin is calculated as the selling price minus the variable cost per unit. Given the information, we have:
Selling price of regular souvenir sheets: $8.00
Selling price of deluxe souvenir sheets: $15.00
Number of regular souvenir sheets sold: 80,000
Number of deluxe souvenir sheets sold: 50,000
To calculate the increase (decrease) in total contribution margin, we need to compare the contribution margin of the two scenarios:
Contribution margin regular souvenir sheets = Selling price - Variable cost
= $8.00 - Variable cost
Contribution margin deluxe souvenir sheets = Selling price - Variable cost
= $15.00 - Variable cost
To find the increase (decrease), we'll subtract the contribution margin of regular souvenir sheets from that of deluxe souvenir sheets:
Increase (decrease) in contribution margin = Contribution margin deluxe - Contribution margin regular
= ($15.00 - Variable cost) - ($8.00 - Variable cost)
= $15.00 - $8.00
= $7.00
So, the postal service experienced an increase in total contribution margin of $7.00 when selling 50,000 deluxe souvenir sheets compared to selling 80,000 regular souvenir sheets.
2. Calculation of the percentage increase in selling price and unit sales:
Percentage increase in selling price = [(Selling price deluxe - Selling price regular) / Selling price regular] * 100
= [(15.00 - 8.00) / 8.00] * 100
= 87.5%
Therefore, the St. Vincent post office increased the selling price for the deluxe souvenir sheet by 87.5% compared to the regular souvenir sheets.
Percentage increase in unit sales = [(Unit sales deluxe - Unit sales regular) / Unit sales regular] * 100
= [(50,000 - 80,000) / 80,000] * 100
= -37.5%
The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.
3. Calculation of the selling price for the deluxe souvenir sheet to maintain the same total contribution margin per unit:
To maintain the same total contribution margin per unit, the selling price for the deluxe souvenir sheet should be equal to the selling price for the regular souvenir sheet plus the increase in contribution margin per unit:
Selling price deluxe = Selling price regular + Increase in contribution margin
= $8.00 + $7.00
= $15.00
So, the postal service should set the selling price for the deluxe souvenir sheet at $15.00 to maintain the same total contribution margin per unit.
4. Calculation of the number of deluxe souvenir sheets to be sold to equal the total contribution margin earned from selling 80,000 regular souvenir sheets:
Total contribution margin from selling regular souvenir sheets = Contribution margin regular * Number of regular sheets sold
= ($8.00 - Variable cost) * 80,000
To calculate the number of deluxe souvenir sheets to be sold, we'll set the total contribution margin equal to that of regular sheets and solve for the number of deluxe sheets:
Contribution margin deluxe * Number of deluxe sheets = Contribution margin regular * Number of regular sheets
($15.00 - Variable cost) * Number of deluxe sheets = ($8.00 - Variable cost) * 80,000
Simplifying the equation:
Number of deluxe sheets = (Contribution margin regular * Number of regular sheets) / (Contribution margin deluxe)
= ($8.00 - Variable cost) * 80,000 / ($15.00 - Variable cost)
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A student took the state examination at the testing center and failed. She wants to review the test and see what answers she provided. She knows that she can review the exam within two years of the date of the examination, and she makes an appointment to do so. Will she be able to review the entire exam?
Answers
Yes. Because she is attempting the test inside the legally permitted two-year window, she will have time to revisit the entire thing.
What is a test?A test can be defined as the procedure in which various people are asked questions about various topics.
As a student took the test, it was constituted that the person have filled the test, but she still wanted to review the test to see what all were the mistake, she can access it as there is a Window for 2 years.
the people can see all where the mistake that they have made and can treat you accordingly, but after 2 years the test won't be available according to the policy.
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what is a title bar in excel?
Answers
Answer:
It shows what section you want to go to. This can change your font-size, help a business project calculation, and etc.
Explanation:
Belinda saw that food price’s increased by 11 percent in the past two years. How much would $100 worth of groceries purchased two years ago cost today?
Answers
Answer: I'd put 11 x2 first then would subtract 100 from that total. That would be 78
Explanation:
which option is best described as a complementary good for trucks?
A. truck blogs
B. Truck Fuel
C. Truck factories
D. Truck regulations
Answers
The option that is best described as a complementary good for trucks is A. truck blogs.
What is complementary good ?A good that adds value to another good or service is said to be complimentary. To put it another way, they are two items that the client uses in tandem with one another. For instance, cereal and milk or a DVD and a DVD player.
A complementary good in economics is one whose appeal rises along with the appeal of its counterpart. Technically speaking, it exhibits a negative cross elasticity of demand, meaning that when the price of one commodity lowers, demand for it also rises.
Therefore, option A is correct.
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Do you dream of working in show business? Have you ever told your parents? If so, you have probably been told, “That is not a real career” or “You’d better pick something to fall back on.” What they usually mean is that the chances of going to Hollywood and becoming a big movie star are slim. In that way, they are right.
But making Broadway shows, producing Hollywood films, even creating online videos involve many more jobs than just the actors who play in them. So many different people in diverse career paths—from management, to accounting, to marketing—contribute their skills to create the finished products that entertain us! See, you can have a ‘real career’ and work in show business.
For instance, think about the jobs listed below. While those in positions like these get to work in and around show business, the functions they perform are based right in the clusters we considered today: Business Management, Finance, Marketing and Sales. See if you can search online to find what is involved with these three specific jobs. Can you find an example of someone who holds this position? What do they do? How might their job allow them to feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency
Now that you have learned a bit about each of these jobs and what they involve, pop back over to the Bureau of Labor Statistics’ Occupational Outlook Handbook once again to do some more research on them. Find out what education is generally required to enter into each career and what the annual salary could be. Jot down some facts related to each career’s job outlook as well.
Note: You might have to use a broader search term, such as operations manager, accountant, or marketing manager, to find information on these careers.
After this initial research, your task is going to be to create a slideshow presentation to show parents who are worried about their children’s Hollywood dreams. You must provide them with information on solid career options that their children could pursue… careers that would ease parents’ minds and fulfill children’s goals.
Your slideshow must include the following:
Content
A description of each of the three careers that you researched, including what tasks the job requires and why the job is so important
A breakdown of the education requirements for each career, including subjects that might be beneficial in preparing for each career
The projected annual salary for someone in each career and the job outlook according to the Bureau of Labor
A summary of why you think this job is a good choice for someone who is interested in “show business”
Elements
Five slides, broken down in this way:
One slide for each career, containing the content from the first three bullet points above
One slide for the summary, containing the content from the last bullet point above
One slide for your bibliography
Three pictures, one for each of the three careers you are presenting
Answers
The careers that i have researched on Broadway shows are:
Stage Manager. Theatrical Makeup Artist. Choreographer.What tasks does a stage manager perform?They consist of:
Planning and leading rehearsals.Sharing with designers and craftspeople the director's wishes.Coordinating the stage crew's job.During the performance, there may be calling cues and actor entrances.supervising the entire performance every time it is given.In terms of Theatrical Makeup Artist role: Any makeup used by the performers must look well, and that is the responsibility of the makeup artist. In order to develop a look for each actor that will visually support the character, the makeup artist collaborates closely with the costume designer.
In terms of Choreographer role: Working together with the director and musical director, a choreographer creates and choreographs the dance or stylized movement for musical productions. A choreographer collaborates with dancers to develop and interpret concepts and turn them into the final performance.
The credentials are required to be a stage manager are:
A foundation degree, higher national diploma, or degree in stage management, or a course in a similar field like performing arts production, are all options.technical theater and a theater in practice.The credentials for Makeup Artists are:
Bachelor, Fashion & Beauty Makeup Artist; Bachelor of Arts in Make Up for Media and Performance.Hair design and makeup artistry.Artistry & Effects in Makeupcollegiate media makeupLastly, Despite the fact that a master's degree is frequently required to teach at the university level, many choreographers hold bachelor's degrees in dance. Beginning their careers as professional dancers, choreographers frequently take on jobs as assistant choreographers or in positions that are comparable.
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For an open economy under a floating exchange rate regime, _________________________.
a.) Monetary policy is highly effective.
b.) Fiscal policy is highly effective.
c.) Monetary policy is ineffective.
d.) B and C.
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You are an outside project management professional who has been hired by Mainstreet to lead its new Wingra Point Live Work development. You are given an approved vendor list and access to the shared drive containing project templates. You are also introduced to the company’s standard processes and procedures and the submission and approval protocols. What type of project inputs do these elements represent? Project collateral Operational Process Assets (OPAs) EEFs Enterprise assets
Answers
These elements represent organizational process assets, which are documents, reports, and plans that are developed within an organization and used to guide project decisions and activities.
What type of project inputs do these elements represent?Generally, Project management is the process of leading a team to achieve specific goals and objectives within a defined timeline and budget. It involves defining project scope, setting goals and milestones, identifying tasks and responsibilities, tracking progress, and making adjustments as needed to ensure successful completion. Key skills in project management include leadership, organization, communication, problem-solving, and time management.
These assets include policies, procedures, guidelines, templates, and historical information that can be used to inform project management decisions and activities.
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Assume the following taxpayer information: The taxpayer is a South African manufacturing company (not a small business corporation as defined) with a 31 March 2023 year of assessment. Calculate the recoupment on the disposal of the machine BELOW. Information pertaining to manufacturing machine: Events Sold Purchased Tax value at date of sale Date 30 December 2022 1 August 2020 Amount R 605 000 R 490 000 R 98 000
Answers
The depreciation allowances allowed in prior years of R533 665 (recoupment amount)The recoupment amount is included in taxable income.
An asset disposed of in the year of assessment (2022) for proceeds exceeding its tax written down value (TWDV) triggers a recoupment of depreciation allowances. The recoupment is calculated by deducting the TWDV from the proceeds, but limited to the sum of depreciation allowances allowed in respect of the asset less any amount that has been recouped in a prior year.
Manufacturing machine sold R605 000 Purchased R490 000 Tax value at date of sale R98 000Calculate recoupment on the disposal of the machine;
The machine's TWDV is R71 335; this is calculated by taking the original cost of R490 000 less the depreciation allowances allowed in prior years of R34 665.R605 000 (proceeds) - R71 335 (TWDV) = R533 665 (recoupment amount)The recoupment amount is included in taxable income.
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Which of the following statements is true of financial leverage
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Match each work outcome with the corresponding organizational behavior concept. What is each behavior an example of?
O Amy volunteers to help a new coworker learn how to use the company's intranet.
O Tyler plans to quit in a few months
O Mary sells 20 cars in a month
O Ryan steals $1,000 from the compan
Answers
The each behavior an example of Amy volunteers to help a new coworker learn how to use the company's intranet.
Which four behaviors go under organizational behavior?There are four components that make up organizational behavior: people, structure, technology, and the outside world. Improvements can be made by comprehending how these components interact.
Which behaviors in organizations are some examples?These behaviors include selling issues, taking charge, proactive socializing, constructive change-oriented communication, and creativity. For human resource managers, organizational behavior is of utmost importance.
What results do organizations see from their behavior?You now belong to the group of people who study organizational behavior, and among those outcomes are work attitudes (such job satisfaction and organizational commitment) and job performance (e.g., customer service and counterproductive work behavior's).
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What are the legal steps to take when trying to start a business
There are 3 major forms of business ownership
Sole Proprietorship
Partnership
Private Limited Liability Company
If you are to start a business, which of these form of business would you pick and what are your reasons
Answers
Answer:
partnership
Explanation:
because I don't know what I will do if i don't have a partner and you two would brainstorm so you can do it well and right
On a statement of cash flows, depreciation is treated as an adjustment to income because depreciation:
A) is a direct source of funds.
B) reduces reported income but does not involve an out flow of funds.
C) reduces reported income and involves an inflow of funds.
D) is an inflow of funds to a reserve account for replacement of assets.
Answers
Depreciation reduces reported income but does not result in a cash outflow, therefore on a statement of cash flows, it is represented as an adjustment to income.
What does "cash flow" actually mean?
A company's cash flow can be used to determine how much money it made or spent overall over a specific time period.
The cash flow is typically broken down into three categories on the statement of cash flows, a common financial statement: cash flow from operating operations, cash flow from investing activities, and cash flow from financing activities.
How does cash flow impact depreciation?
Depreciation must be added back to the operational activities area of the cash flow statement along with other expenses like amortization and depletion because it is a non-cash item.
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