As the capital stock grows and technology improves, we would expect the long-run aggregate supply curve to shift to the right.
This means that the economy is able to produce more output at every price level. The increase in capital stock and technological advancements lead to an increase in productivity and efficiency, allowing firms to produce more output with the same amount of resources.
This results in lower costs of production, which encourages firms to supply more output at each price level. Therefore, the long-run aggregate supply curve shifts to the right, indicating an increase in potential output in the economy.
However, this does not mean that actual output will always reach the potential output level, as other factors such as aggregate demand can affect the level of actual output produced.
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WARM UP: If a person dies in cold weather, does that increase or decrease rigor mortis? What about Warm weather?
Answer:
cold weather:decrease rigor mortis warm weather: increase
Explanation:
Ambient temperature: Warm conditions speed up the onset and pace of rigor mortis by providing a hospitable environment for the bacteria and processes that cause decay. Cold temperatures, on the other hand, slow it down. If someone dies outside in freezing temperatures, rigor mortis can last for days.
Not only does the surrounding ambient temperature affect the onset of rigor mortis, but the internal temperature of the body at death does as well. Having a high fever at the time of death will accelerate the progression of rigor mortis.
On January 1, 2020, Alan purchased a small business for $100,000. The purchase price was allocated as follows: existing equipment (used) with a 5-year MACRS life $50,000 and goodwill $50,000. Assuming he does not use bonus depreciation or elect expensing under Section 179, what is Alan's depreciation and amortization deduction for 2020?
a. $10,000
b. $10,478
c. $14,290
d. $13,333
e. $20,000
The correct answer is b. $10,478.
To calculate the depreciation and amortization deduction for 2020, we need to use the MACRS depreciation method for the equipment and the straight-line amortization method for goodwill.
For the equipment, since it has a 5-year MACRS life, we use the MACRS table to find the depreciation rate for year 1, which is 20%. Therefore, the depreciation expense for the equipment in 2020 is $10,000 ($50,000 x 20%).
For the goodwill, since it has an indefinite life, we use the straight-line amortization method over 15 years (the maximum allowed under tax law). Therefore, the amortization expense for the goodwill in 2020 is $478 ($50,000 / 15).
Adding the depreciation and amortization expenses together, we get a total deduction of $10,478 for 2020. Therefore, the correct answer is b. $10,478.
To calculate Alan's depreciation and amortization deduction for 2020, we need to consider the depreciation of the existing equipment and the amortization of goodwill.
1. Depreciation of equipment:
Alan purchased used equipment for $50,000 with a 5-year MACRS life. To determine the depreciation for the first year, we use the MACRS depreciation table which has a 20% rate for the first year for 5-year property. So, the depreciation for 2020 is:
Depreciation = Purchase price of equipment x First-year MACRS rate
Depreciation = $50,000 x 20% = $10,000
2. Amortization of goodwill:
Goodwill of $50,000 is amortized over 15 years (180 months) under Section 197 of the Internal Revenue Code. Assuming Alan purchased the business on January 1, 2020, the amortization for 2020 is:
Amortization = Goodwill / Amortization period
Amortization = $50,000 / 180 months = $277.78 per month
Since there are 12 months in 2020, the amortization for the year is:
Annual Amortization = $277.78 x 12 = $3,333.33
Finally, the combined depreciation and amortization deduction for 2020 is:
Depreciation and Amortization Deduction = Depreciation + Annual Amortization
Depreciation and Amortization Deduction = $10,000 + $3,333.33 = $13,333.33
Thus, the correct answer is (d) $13,333.
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we had a discussion on the theory of efficiency wages. Which one of the following statements is NOT consistent or NOT related to the theory of efficiency wages? 2. Firms may find it profitable to pay above-equilibrium wages. b. Higher wages attract a more competent pool of workers. e Paying higher wages enhances workers to adopt healthier lifestyles, enhancing their productivity d. Sometimes, firms voluntarily choose to pay wages higher than the equilibrium wages. 0. Higher wages cause workers to shirk more of their responsibilities 1. Paying higher wages can reduce a firm's training costs.
The theory of efficiency wages suggests that firms may find it profitable to pay wages that are higher than the equilibrium wage rate. This is because higher wages can attract more competent workers and enhance their productivity.
In addition, paying higher wages can motivate workers to adopt healthier lifestyles, which can further enhance their productivity. Moreover, sometimes firms voluntarily choose to pay higher wages because they believe that it will increase worker motivation and reduce employee turnover.
However, the statement that higher wages cause workers to shirk more of their responsibilities is not consistent with the theory of efficiency wages. This is because efficiency wages are meant to motivate workers to be more productive and to take on more responsibilities. If higher wages actually caused workers to shirk their responsibilities, then the theory of efficiency wages would not hold true.
Furthermore, paying higher wages can reduce a firm's training costs because it can attract workers who are already skilled and experienced. This means that the firm may not have to invest as much in training new employees, which can save the firm both time and money. In summary, the theory of efficiency wages suggests that paying above-equilibrium wages can be beneficial for both firms and workers, as it can increase productivity, reduce turnover, and save training costs.
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40.Barilla, an Italian company, is the world's largest pasta maker. It also produces bread.
In 2006 its bread production contributed $1.5 billion (bn) to its total revenue of $5.1bn.
Overall profit was $0.6bn.
What was the total cost to Barilla of producing pasta and bread in 2006?
A $2.1bn
B $3.0bn
C $3.6bn
D $4.5bn
The total cost to Barilla of producing pasta and bread in 2006 was D. $ 4. 5 billion.
How to find the total cost ?To estimate the total cost of producing pasta and bread in 2006 for Barilla, subtract the overall profit from the total revenue.
n 2006, Barilla's total revenue was $ 5. 1 billion (bn) and the overall profit was $ 0. 6bn.
We can therefore see that the total cost of producing pasta and bread can be estimated as:
Total Cost = Total Revenue - Overall Profit
Total Cost = $ 5. 1 bn - $ 0. 6bn
Total Cost = $ 4. 5 billion
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agg investments owns 285,000 shares of crc, a defensive stock. after examining the stock's cash flows, its executive leadership, and its likelihood of becoming a takeover target, a research analyst estimates the intrinsic value for this firm to be $35.00. the current market price on the nasdaq exchange is $59.23.the analyst is most likely to recommend: a. shorting the shares. b. selling the shares that are already owned. c. buying the shares due to its intrinsic value. d. buying the shares due to the pending economic decline.
Based on the given information, research analyst has estimated intrinsic value of CRC, a defensive stock, to be $35.00. However, the current market price on the NASDAQ exchange is $59.23. Analyst is most likely to recommend shorting the shares. The correct answer is option A.
This is because shorting a stock involves selling borrowed shares with the expectation that the share price will decrease, allowing the investor to buy back the shares at a lower price and profit from the difference. Since the stock appears to be overvalued, shorting it could potentially lead to profit as the price may eventually move towards its intrinsic value.
Option B, selling the shares that are already owned, could also be considered as it allows the investor to profit from the current high market price. However, shorting the shares implies a more active strategy to benefit from the overvaluation.
Option C and D are not recommended in this situation, as they involve buying the shares. Buying the shares due to their intrinsic value (C) or the pending economic decline (D) would not be advised, as the stock is currently trading at a higher price than its intrinsic value, making it an unattractive investment at this time. The correct answer is option A.
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The socially efficient quantity is found where the demand curve intersects the marginal cost curve. T/F
FALSE.The socially efficient quantity is found where the marginal cost curve intersects the marginal benefit curve (which represents the demand curve in a perfectly competitive market).
This intersection point is known as the socially optimal or Pareto efficient quantity. At this quantity, the marginal cost of producing an additional unit is equal to the marginal benefit that consumers receive from consuming that unit. This allocation maximizes societal welfare because it ensures that the resources are allocated in a way that generates the greatest overall benefit to society.
In a perfectly competitive market, the demand curve represents the marginal benefit that consumers derive from consuming a particular good or service. The marginal cost curve, on the other hand, represents the additional cost incurred by producers to produce an additional unit of the good or service. The socially efficient quantity is determined by finding the point where these two curves intersect.
If the quantity produced is below the intersection point, it means that the marginal benefit to society from producing an additional unit is higher than the marginal cost. In this case, society would benefit from producing more of the good or service because the additional benefit exceeds the additional cost.
If the quantity produced is above the intersection point, it means that the marginal cost of producing an additional unit is higher than the marginal benefit. In this case, society would benefit from producing less of the good or service because the additional cost exceeds the additional benefit.
To maximize social welfare and achieve an efficient allocation of resources, it is necessary for the quantity produced to be at the point where the marginal cost curve intersects the marginal benefit curve. This ensures that resources are allocated in a way that balances the costs and benefits and generates the greatest overall benefit to society.
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Which of these is a current trend that helps employees with career development?
A. Externship programs
B. Flex-time to attend school
C. Better benefit packages
D. Piece-rate pay
E. Support for lifetime learning
Support for lifetime learning is a current trend that helps employees with career development. This trend involves providing opportunities and resources for employees to continuously develop their skills. Thus correct answer is option E
Some common examples of lifetime learning support include tuition reimbursement programs, access to online courses and certifications, professional development workshops, and mentoring programs.
These initiatives help employees to acquire new skills, stay updated with industry trends, and advance in their careers.
By investing in lifetime learning, companies can help employees reach their full potential, which in turn contributes to the overall success of the organization.
Employees who are given the opportunity to develop their skills are more likely to stay engaged, motivated, and productive. The correct answer is option E
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1
386000
7
3 Tax calculation:
9 Year (£'000s)
o Net operating cashflows
1 Capital allowances
2 Taxable profit/loss
33 Tax at 20%
34 Payable
2
3
400851 315844
4
77397
386000
77200
Year 2
400851 315844
80170 63169
Year 3 Year 4
77397
15479
Year 5
35
36 Payback period
37
38 Year
39 Cashflow
£'000 £'000
0
1
-2,345,000 386,000
£'000 £'000 £'000
2
3
4
400,851 315,844 402,397
£'000
5
0
40
41 Cumulative
Answer:
The question is not comprehensive.
Explanation:
Send the image of the question.
In what career cluster would you find all levels of business jobs, such as an Administrative Assistant?
A)Law, Public Safety, Corrections, & Security
B)All of these
C)Education & Training
D)Health Science
In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant
For better understanding, let's understand what career clusters means
Career Cluster is simply known to be a wide occupational groupings of specific industry based jobs such as agriculture, law, education, health science etc . The career clusters provide an organizing tool that helps one in creating a career plan.An administrative assistant helps in the day to day running of an enterprise or firm. All career cluster have different job specifications and so an office or administrative assistant is often needed to answer phone calls, document important work or minutes of meetings, assistant the boss in office duties and other responsibilities. It is commonly found in all the 16 career cluster.From the above, we can therefore say that the answer In all of these career cluster listed above, you will find all levels of business jobs, such as an Administrative Assistant is correct.
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What is TRUE about time as a factor in investing?
A.
The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
B.
Time rarely plays a large role in investment decisions or outcomes, and typically waiting to make decisions lowers an investor’s overall risk.
C.
If you have 10 years or more to invest, opening a savings account can be a good option for high-risk, high-reward investing.
D.
If you have a shorter time period to invest because you are nearing retirement, a higher-risk investment is generally a better choice.
plz help :)
Answer:
A. The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
Explanation:
This is basically the reason why younger investors can afford higher risks than older investors. If you are 60 years old, you will probably invest in very secure stocks or bonds. Instead, when you are 25, you can afford investing in risky stocks that have higher than average growth potential.
Answer:
The more time the investor has, the more risk they can take because there is time to weather the declines in a stock and wait for it to regain some of its value before selling.
Explanation:
I got it right on the test nun to worry about.
A tool that has been __________defective will creates headache and irritation. *
2 points
A. Frequently
B. Once a year
C. Once a month
D. Seldom
Answer:
frequently
Explanation:
I think its frequently
What is important for starting a charity
Explanation:
One of the most vital things to consider when you are starting a nonprofit is your mission. Writing a mission statement of one to two sentences can outline why it exists, what the organization does, who it serves and where it provides services all in one place
under a centralized organizational system, the responsibility for planning and controlling the advertising and promotional function lies with the:
Under a centralized organizational system, the responsibility for planning and controlling the advertising and promotional function lies with the central or corporate marketing department.
In a centralized organizational structure, decision-making and control are concentrated at the top or headquarters of the organization. The central marketing department is responsible for developing the overall marketing strategy, including advertising and promotional activities, for the entire organization. This includes determining the budget allocation, setting objectives, selecting appropriate advertising channels, creating promotional campaigns, and monitoring their effectiveness.
Centralization allows for consistency and coordination in advertising and promotional efforts across different regions or divisions of the organization. It ensures that the messaging and branding align with the overall organizational goals and strategies.
However, it's important to note that the specific structure and level of centralization can vary across organizations. Some organizations may adopt a more decentralized approach, giving regional or divisional marketing teams some level of autonomy in planning and controlling advertising and promotional activities.
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1. Define the oscopy approach in PCS coding.
2. Code the following scenario dividing the codes appropriately into the mom and baby charts: 29-year-old female presents for delivery. This is her third pregnancy. She is at 39 weeks of gestation. This is a normal pregnancy. After a normal delivery, she gives birth to a single liveborn. The little boy is circumcised on the second day without incident. Both mom and baby are discharged in good health.
3. Code the following scenario dividing the codes appropriately into the mom and baby charts: 36-year-old female presents for delivery. This is her first pregnancy. She has had a normal pregnancy without incident. She is 37 weeks gestation. This is a twin pregnancy. Baby A is delivered vaginally with low forceps and Baby B by C section. Both babies are fine.
4. Code the following scenario: 40-year-old multigravida presents for vaginal delivery in week 41. No problems during delivery. Single liveborn.
5. Code the following scenario: 26-year-old primigravida presents in week 38. Second-degree perineum tear. Single liveborn.
6. Code the following scenario: Baby born via C-Section transferred to Children's Hospital for Myelomeningioma with hydrocephalus. Code for Children's hospital.
1. Oscopy approach: Surgical instrument insertion method - open or percutaneous. 2. Mom: Normal delivery. Baby: Liveborn, circumcision. 3. Mom: Vaginal delivery with low forceps. Baby A: Vaginal delivery. Baby B: C-section. 4. Vaginal delivery of single liveborn at week 41. 5. Vaginal delivery, second-degree perineum tear, single liveborn. 6. Children's Hospital: Transfer for C-section-born baby with myelomeningioma and hydrocephalus. Code accordingly.
1. The term "oscopy" in PCS coding refers to the approach used during a surgical procedure. It is used to describe the method by which a surgical instrument or device is inserted into the body. The approach can be classified as either "open" or "percutaneous." An open approach involves making a larger incision to access the target area directly, while a percutaneous approach involves inserting instruments through the skin using a minimally invasive technique. The choice of approach depends on the specific procedure and the surgeon's preference.
2. For the given scenario, dividing the codes appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal delivery and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the liveborn status, circumcision, and any other relevant procedures or conditions related to the baby.
3. In this scenario, coding appropriately into the mom and baby charts would involve assigning diagnosis and procedure codes for each individual. In the mom's chart, you would code for the normal pregnancy, twin pregnancy, vaginal delivery with low forceps, and any relevant procedures or conditions related to the mother. In the baby's chart, you would code for the C-section delivery, twin status, and any relevant procedures or conditions related to the babies.
4. For this scenario, the coding would involve assigning diagnosis and procedure codes for the vaginal delivery of a single liveborn baby in week 41 of gestation. The specific codes would depend on any additional procedures or conditions that may be present during the delivery.
5. In this scenario, the coding would involve assigning diagnosis and procedure codes for the perineum tear and the vaginal delivery of a single liveborn baby in week 38 of gestation. The specific codes would depend on the severity of the tear and any additional procedures or conditions that may be present during the delivery.
6. For the scenario involving the baby's transfer to Children's Hospital for myelomeningioma with hydrocephalus, you would need to code the diagnosis and any relevant procedures or conditions associated with the baby's condition. The specific codes would depend on the details provided in the scenario and the coding system used (such as ICD-10-CM for diagnosis coding and/or CPT or HCPCS for procedure coding). The codes should accurately reflect the baby's diagnosis and the reason for the transfer to Children's Hospital.
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Product enhancements
A) do not really change the basic product.
B) include guarantees and warranties.
C) include features and options
D) reduce the number of target markets one product can satisfy.
Answer:
C or A
Explanation:
I could answer better with more context
A sports collector is considering the purchase of either a hockey jersey or a baseball that was struck for a home run. If the collector chooses to purchase the jersey, what is the opportunity cost?(1 point)
the cost of the jersey
the cost of the ball
the net value of the jersey for the collector
the net value of the ball for the collector
The opportunity cost in the presented situation is the cost of the ball
The opportunity cost is an economic term that refers to the cost of the alternative that we give up when we make a certain decision, including the benefits that we could have obtained from having chosen the alternative option.
According to the above, the opportunity cost in the situation presented is the cost of the ball (option B) because the collector gave up this opportunity and preferred to buy the hockey jersey.
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Green Company incurred $5,000 of accrued expenses during Year 1, but paid the cash associated with the payables in Year 2. Based on this information alone, under accrual accounting, the company would report a net loss of ______.
Answer:
net loss of $5,000 and cash outflow from operations of zero in Year 1
Explanation:
The accrual basis refers to the recording of the transactions when it is provided not when the cash is received
Since the accrued expenses is incurred for $5,000 in the year 1 but the cash is paid in the year 2
Based on the accrual accounting, the company would report a net loss for $5,000 and there is an outflow of cash that arise from the operations for the year 1
Therefore the same is to be considered
When performing a job search witch two of the flowing trips should you employ in regards ti the key words used
A typical keyword trick is using words that are specific to the job role you are applying for.
Job ApplicationIt is usaully a daunting task when one is searching for a job, it is often believed that searching for a job is a job on its own, however, one needs to know some tricks regarding this subject matter to be successful, such as streamlining resume to a particular job role and using the required search key words
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When is it appropriate to use a nontraditional résumé?
Answer: Nontraditional resumes are ideal for job seekers in particularly creative industries, such as marketing and design. More specifically, online resumes are helpful for applicants who want to post films, sound clips, photographs, or other pieces of work related to their industry.
Explanation:
A monopoly firm's demand curve is given by Q = 100 – 0.4P. What
is the firm's corresponding marginal revenue curve?:
a) MR = 250 – 5Q b) MR = 250 – 2.5Q c) MR = 250 – 0.4Q d) MR =
100 – 0.4Q
The firm's corresponding marginal revenue curve is MR = 100 – 0.4Q. The correct answer is option D.
What is a Monopoly?A monopoly is a type of market in which a single seller offers the product or service to a large number of buyers. In a pure monopoly market, there is no competition and the monopolist is in complete control of the market.A monopoly firm's demand curve is given by Q = 100 – 0.4P. The corresponding marginal revenue curve is given by the formula:MR = dTR/dQMR is the marginal revenue TR is the total revenue Q is the number of units of output sold P is the price of each unit sold.The total revenue is calculated as TR = P x QSubstituting this formula into the marginal revenue formula yields: MR = d(P x Q)/dQMR = P x dQ/dQ + Q x dP/dQMR = P x 1 + Q x dP/dQMR = P + Q x dP/dQThe demand function of the monopolist is given by: P = 250 – 2.5QThe marginal revenue function can be calculated as: MR = P + Q x dP/dQMR = 250 – 2.5Q + Q x (-2.5)MR = 250 – 0.4QTherefore, the correct answer is d) MR = 100 – 0.4Q.For more questions on marginal revenue
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which target market the Beetle’s makers and promoters were aiming at.
The target market for the new Beetle are people between 18-34 years old as well as baby boomers.
Who encouraged the Volkswagen Beetle's development?A review of a German success story in this article. The Volkswagen Beetle was created by two individuals, Adolf Hitler and Ferdinand Porsche, and it was a massive undertaking.
Therefore, the Segmentation of the New Beetle People who are "psychologically young," individualistic, self-assured, and nonconformist should be the New Beetle's target market.
According to research, prospective New Beetle drivers exhibited traits including self-assurance, independence, and a desire to command attention. They enjoyed driving and valued German engineering and spirited designs.
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Which document describes a worker's employment experience, strengths, skills, education, and other qualifications?
A.
Resume
B.
Cover letter
C.
Referral
D.
Reference
Answer:
A. Resume
Explanation:
A resume is a document prepared by a job seeker to itemize their education qualification and work experiences. It is a formal document sent to a potential employer by a job applicant. The resume shows an applicant's qualifications for the position advertised.
A resume is usually sent together with a cover letter.
Answer:
It's A
Explanation: hope it helps ^w^
if the spending multiplier is equal to 4, then a $25 initial increase in investment spending will lead to a:
If the spending multiplier is equal to 4, then a $25 initial increase in investment spending will lead to a $100 increase in overall output in the economy. This is because the spending multiplier is a measure of the total impact that a change in spending has on the economy, taking into account how the increased spending creates additional rounds of spending as income is earned and re-spent.
In this case, the spending multiplier of 4 means that for every dollar of initial spending, total output will increase by $4. Therefore, an initial increase of $25 in investment spending will lead to an increase of $100 in overall output. It's important to note that the spending multiplier can vary depending on the specific characteristics of an economy, such as the level of consumer and business confidence, the degree of openness to trade, and the structure of the tax system.
Additionally, the spending multiplier may be impacted by the presence of leakages, such as savings or imports, which can reduce the total impact of a change in spending. Overall, understanding the spending multiplier is an important concept in macroeconomics, as it highlights the interconnected nature of economic activity and the potential for changes in spending to have wide-ranging effects on the economy as a whole.
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If she assembled specific members from each of these units to work together in a team to set goals and pursue their own goals in ways defined by the team itself, then this would be an example of what concept?
a. Functional Team
b. Virtual Team
c. Affinity Group
d. Venture Team
If she assembled specific members from each of these units to work together in a team to set goals and pursue their own goals in ways defined by the team itself, then this would be an example of The correct answer d. Venture Team.
What is a Venture Team? A Venture Team is a temporary unit that is formed to achieve a particular goal, which could be either to develop a new product or service or to address a particular issue that the organization is dealing with. A Venture Team typically includes employees from a variety of functional areas, departments, or divisions, and members are chosen for their knowledge and skills relevant to the project.
The Venture Team leader is usually a senior manager with a lot of experience in project management. The Venture Team is frequently referred to as a “task force” or a “project team.” A Venture Team is also known as an “ad hoc” or “temporary” team because it is created to work on a specific project and will be disbanded once the project is finished. In this case, assembling specific members from each of these units to work together in a team to set goals and pursue their own goals in ways defined by the team itself would be an example of a Venture Team.
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explain briefly how a higher carrying cost can result in a decrease in inventory
A higher carrying cost can lead to a decrease in inventory. When the carrying cost of holding inventory increases, it becomes less profitable for businesses to maintain high levels of inventory.
Carrying cost refers to the expenses associated with holding and storing inventory over a specific period. It includes costs such as warehousing, insurance, obsolescence, the opportunity cost of capital, and potential spoilage or damage. When the carrying cost rises, businesses face increased expenses for keeping inventory in stock.
To optimize profitability, businesses may respond to higher carrying costs by reducing their inventory levels. By decreasing the quantity of inventory they hold, they can minimize holding expenses. This approach helps prevent potential losses due to inventory obsolescence, deterioration, or storage-related costs.
Reducing inventory levels can also improve cash flow by freeing up capital that would otherwise be tied up in inventory. However, it's important for businesses to strike a balance and ensure they maintain adequate inventory levels to meet customer demand and avoid stockouts that could harm sales and customer satisfaction.
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The following is given:
Price = $10.00/unit
Variable cost = $6.00/unit
Fixed cost = $50,000
a) Based on the given information, the break-even point in units =
enter your response here
units (enter your response as a whole number).
b) Based on the given information, the break-even point in dollars =
$enter your response here
(round your response to the nearest whole number).
c) The profit for a volume of
100,000
units =
$enter your response here
(round your response to the nearest whole number).
a) Breakeven Point in Units = 12,500 units
b) Breakeven Point in Dollars = $50,000
c) The profit for a volume of 100,000 units is $350,000.
a) Based on the given information, the break-even point in units is calculated as follows:
Breakeven Point = Fixed Cost/Contribution Margin per Unit
Contribution Margin = Price - Variable Cost per Unit
= $10.00 - $6.00= $4.00 per unit
Breakeven Point in Units = $50,000/$4.00 per unit= 12,500 units
b) Based on the given information, the break-even point in dollars is calculated as follows:
Breakeven Point = Fixed Cost/Contribution Margin Ratio
Contribution Margin Ratio = Contribution Margin/Selling
Price= $4.00/$10.00= 40%
Breakeven Point in Dollars = 40% × $10.00 × 12,500= $50,000
c) Profit for a volume of 100,000 units is calculated as follows:
Profit = Total Revenue - Total Cost
Total Revenue = Selling Price × Volume
= $10.00 × 100,000= $1,000,000
Total Cost = Fixed Cost + Variable Cost per Unit × Volume
= $50,000 + $6.00 × 100,000= $650,000
Profit = $1,000,000 - $650,000= $350,000
Thus, the profit for a volume of 100,000 units is $350,000.
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Explain the importance of profit to the economy.
Answer:
Explanation:
Profit is the surplus revenue after a firm has paid all its costs. ... In a capitalist economy, profit plays an important role in creating incentives for business and entrepreneurs. For an incumbent firm, the reward of higher profit will encourage them to try and cut costs and develop new products
ace hardware has many independently-owned stores across the united states. these stores all share in the savings that result from the company buying supplies in large quantities and providing advertising for the stores. which form of ownership does this represent?
Ace hardware has many independently-owned stores across the United States. Cooperative form of ownership does this represent.
What is ownership?The term ownership refers to the legal right to use, give away a thing, and the owner of the property. The ownership is legal right to the particular thing. It was the consider as the personal property.
According to the case, this was the cooperative ownership represent. It was the business and the organization are the common goal such as economic and the development of the society.
As a result, the significance of the ownership are the aforementioned.
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external decision makers would not look primarily to financial accounting information to assist them in making decisions relating to: multiple choice making loans to the company. the purchase of stocks and bonds. compensation of company executives. estimates of the potential for future profits.
External decision-makers would not look primarily to financial accounting information to assist them in making decisions b) relating to the purchase of stocks and bonds.
This is because financial accounting information focuses on past performance and provides a historical view of a company's financial position.
To make informed decisions about purchasing stocks and bonds, external decision-makers would look to other sources such as market analysis, economic trends, and company forecasts.
This information can give a better indication of the company's potential for future growth and its overall financial health, which is important in making investment decisions.
Financial accounting information can still provide valuable information for decision-makers, but it should not be relied upon as the sole source for making investment decisions. Other sources should be consulted to get a comprehensive view of a company's financial position and potential for future growth.
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when classifying cost behavior, what type of cost is the raw material used in production if sales volume is the cost driver? a. step b. fixed c. variable d. mixed
When classifying cost behavior, variable type of cost is the raw material used in production when sales volume is the cost driver.
What is raw material ?Raw materials are the stock or input materials that a company needs to produce its goods. A few examples of raw materials are steel, oil, corn, grain, gasoline, lumber, forestry resources, plastic, natural gas, coal, and minerals.
Since the quantity of natural resources a country has inside its boundaries determines how successful its economy will be, raw materials play a significant part in the production process. A nation with an abundance of natural resources doesn't need to import as many raw materials.
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