gladstone company has expected sales of $350,000 for the upcoming month and its monthly break-even sales are $330,000. what is the margin of safety as a percent of sales? multiple choice 7%. 106%. 194%. 6%. 94%.

Answers

Answer 1

If gladstone company has expected sales of $350,000 for the upcoming month and its monthly break-even sales are $330,000, the margin of safety as a percentage of sales is 6%.

What is this about ?

Margin of safety refers to the amount of sales above the break-even point, expressed as a percentage of the expected or actual sales for the period. It is the difference between the company's expected or actual sales for a period and its break-even point.

Explanation:

Given that the Gladstone company has expected sales of $350,000 for the upcoming month and its monthly break-even sales are $330,000, we can calculate the margin of safety as a percentage of sales using the formula below:

Margin of Safety = (Expected/Actual Sales - Break-even Sales)/Expected/Actual Sales × 100%Margin of Safety = (350,000 - 330,000)/350,000 × 100%.

Margin of Safety = 20,000/350,000 × 100%Margin of Safety = 0.057 × 100%Margin of Safety = 5.7%.

Therefore, the margin of safety as a percentage of sales is 6%. This falls within the multiple choice answer options.

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Related Questions

What are references like for a job thing. Idk how else to say it

Answers

Answer:References can help you find the right job by giveing you a point of reference to compare jobs.

Explanation:

The monetary authority of The Stoddard Islands will exchange its currency for U.S. dollars at a one-for-one ratio. As a result, the exchange rate of the Stoddard Islands currency with the U.S. dollar is 1.00, and many businesses in the Islands will accept U.S. dollars in transactions. This exchange rate regime is best described as:

Answers

This exchange rate regime is best described as a currency board.

A currency's exchange rate is the price at which it will be converted into another. The majority of the time, currencies are those of a particular country, but they can also be supra-national, like the euro, or sub-national, like that of Hong Kong. The exchange rate is another term for the relative worth of one currency to another. Currency boards are a blatant illustration of a defined exchange rate. A nation loses control over the amount of money in circulation and the exchange rate if it has a central bank. In most cases, a currency board is required to preserve both a predetermined exchange rate and reserves of the underlying foreign currency.

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Uppose the Sunglasses Hut Company has a profit function given by P(q) = -0. 01q² + 69 – 33, where q is the number of thousands of pairs of sunglasses sold and produced, and P(q) is the total profit, in thousands of dollars, from selling and producing a pairs of sunglasses. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer. ) Answer: MP(q) = B) How many pairs of sunglasses (in thousands) should be sold to maximize profits? (If necessary, round your answer to three decimal places. )

Answers

A) The simplified expression for the marginal profit function is MP(q) = -0.02q + 69.

B) To maximize profits, the company should sell approximately 1,750 pairs of sunglasses (in thousands).

A) The marginal profit function represents the rate of change of profit with respect to the quantity sold. To find it, we differentiate the profit function P(q) with respect to q. Taking the derivative of P(q) = -0.01q² + 69q - 33, we get MP(q) = -0.02q + 69.

B) To maximize profits, we need to find the value of q that corresponds to the maximum point on the profit function. This can be determined by finding the vertex of the quadratic function -0.01q² + 69q - 33. The vertex occurs at q = -b/2a, where a = -0.01 and b = 69. Plugging these values into the formula, we find q ≈ 1,750 pairs of sunglasses.

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Walter opens a motorcycle repair shop where he will not only repair motorcycles, but will also offer custom paint jobs, accessories and some t-shirts. When Walter opened his business, his primary objective was to:

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Make a profit...............

Find the total balance of each investment account earning simple annual interest. A: $624 at 5% for 3 years B: $4,120 at 7% for 18 months C: $900 at 3. 1% for 6 months D: $275 at 4. 8% for 8 years.

Answers

Answer:

formula: Interest = P * R * T /100

Apply it in every part.

A) I = 624 * 5 * 3 / 100

  I = 9360/100

 I = 93.60

So, Total amount = 93.60 + 624 = $717.60

B) I = 4120 * 7 * 3 / 2*100

 I = 86520 / 200

 I = 432.60

So, Total amount = 432.60 + 4120 = $4552.60

C) I = 900 * 3.1 * 1 / 2 * 100

I = 2790 / 200

I = 13.95

So, Total Amount = 13.95 + 900 = $913.95

D) I = 275 * 4.8 * 8 /100

I = 10560 / 100

I = 105.60

So, Total amount = 105.60 + 275 = $380.60

Explanation:

Ralph is leasing a $32,000 car for 36 months. The terms of his lease include an 8. 5% interest rate (money factor of 0. 00354) and a residual value of 72%. Determine Ralpha's approximate monthly lease payment. A. $145. 00 b. $230. 40 c. $248. 89 d. $443. 73.

Answers

Based on the information given Ralpha's approximate monthly lease payment is d. $443. 73.

Residual value=$32,000×72%

Residual value=$23,040

Depreciation=$32,000-$23,040

Depreciation=$8,960

Base monthly lease payment=$8,960/36

Base monthly lease payment=$248.89

Interest per month=($32,000+$23,040)×0.00354

Interest per month=$55,040×0.00354

Interest per month=$194.84

Monthly lease payment=$248.89+$194.84

Monthly lease payment=$443.73

Inconclusion Ralpha's approximate monthly lease payment is d. $443. 73.

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Why do students who attend the most prestigious universities in our country begin in pre-med or pre-engineering and engineering but end up changing their majors?

Answers

A major is just a topic area in which students might focus while working toward a college degree. Between one-third and fifty percent of the courses you take in college are usually either in your major or closely linked to it. You demonstrate consistent, high-level work in one subject by finishing a major.

The difficulty of science is due to a variety of factors. Because science has such high cognitive and psychological demands, students must be able to comprehend other topics, retain difficult and frequently abstract concepts, and maintain high levels of drive and perseverance throughout their studies. A major is the subject on which you will concentrate most of your academic work.

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What impacts did the decentralization of the u.s. banking system during the free banking era have on the currency in the united states? select the two correct answers.

the purchasing power currencies issued by state banks varied wildly from state to state.

monetary reserves decreased.

the money supply declined.

the amount of loanable funds increased.

land was frequently purchased with counterfeit currency.

Answers

The impacts of the decentralization during the free banking era are :

( A ) The purchasing power currencies issued by state banks varied wildly from state to state.( C ) The money supply declined

Impacts of free banking era

During the free banking era the banks did not survive for long as necessary as they were unable to redeem their notes as the purchasing power of currencies varies from state to state.

Hence we can conclude that the impacts of the decentralization during the free banking era are as listed above.

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Capitol Corp. management is expecting a project to generate after-tax income of $63,435 in each of the next three years. The average book value of the project's equipment over that period will be $212,500. What is the average accounting return for this project?

Answers

The average accounting return (AAR) for this project is 29.8%.

The average accounting return (AAR) is calculated by dividing the average annual after-tax income by the average book value of the project's assets and expressing it as a percentage.

Given:

After-tax income: $63,435 per year

Average book value of equipment: $212,500

To calculate the AAR, we divide the average annual after-tax income by the average book value and multiply by 100 to express it as a percentage:

AAR = (Average After-tax Income / Average Book Value) x 100

Average After-tax Income = $63,435

Average Book Value = $212,500

AAR = (63,435 / 212,500) x 100

AAR = 0.298 x 100

AAR = 29.8%

Therefore, the average accounting return (AAR) for this project is 29.8%.

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PLEASE HELP I'VE BEEN TRYING TO FIGURE THIS OUT FOREVER Select the correct answer. According to TARP, on average, what percentage of unhappy customers leave without complaining?
A. 10 percent
B. 25 percent
c. 95 percent
d.50 percent​

Answers

The answer is 95%.

The percentage is 95%, it is actually 96% but 95 is the closest answer.

Answer:

c.) 95 percent

Explanation:

took on edmentum is correct

Pls help it’s due tomorrow!

Pls help its due tomorrow!

Answers

Answer:

A. Contact Information for Refrences.

Explanation:

Hi there! To me it makes the most sense because it has nothing to do with a carrer plan. Sure, refrences are benefical but they do not determine what can help you grow and succed in the workforce.

I hope this helps! Good luck! :)

Multiple Choice Credentials are an official verification, from an accredited source, attesting to capability. O True O False​

Answers

Answer:

False

Explanation:

Certifications are official verification, from an accredited source, attesting to capability, not credentials. Certifications include diplomas and degree certificates.

Credentials are only qualifications, personal quality, or achievement that shows a person is good at a skill. This can include getting a trophy for winning all games in a chess tournament.

on january 1, year 1, point, inc. purchased 10% of iona co.'s common stock. point purchased additional shares, bringing its ownership up to 40% of iona's common stock outstanding on august 1, year 1. during october year 1, iona declared and paid a cash dividend on all of its outstanding common stock. point uses the equity method to account for its investment in iona. how much income from the iona investment should point's year 1 income statement report?

Answers

The income from the Iona investment should be reported as 4/10th of the cash dividend that Iona declared and paid on all of its outstanding common stock, since Point held 40% of Iona's common stock outstanding at the time of the dividend payment.

Point's year 1 income statement should report income from the Iona investment of 40% of the cash dividends declared and paid during October of Year 1. This is because Point owns 40% of Iona's common stock outstanding as of August 1, Year 1, and the cash dividend was paid to all common stockholders.

Therefore, Point should receive 40% of the total cash dividend that was paid.

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Faylene underwent heart surgery that included, among other measures, the implantation of a pacemaker in her chest. Faylene later alleged that the surgeon's negligence resulted in a serious infection. Faylene's insurance company stated that the Uniform Commercial Code (UCC) governed the dispute because at issue was a contract for a pacemaker, which is a good. The hospital responded that the claim was based on a contract for a surgery, which is a service, and was therefore covered by the common law. What result is most likely?

Answers

Answer: The court will apply the predominant purpose test and will probably hold that this was a contract for a service.

Explanation:

Any agreement written in a contract which binds two parties are usually followed strictly. Whatever is written in the contract cannot be changed or influenced in the court room because it would have been believed that both parties went through the contract terms before signing it. Even though one party wants to challenge it in court it would hold no water for a challenge.

The case between Faylene and the hospital was signed in a contract for a peacemaker surgery, the effects of it and being taken to court would yield no effect since it's what Faylene wanted and entered agreement into.

An employee in charge of collecting tickets at the entrance of a movie theatre lets her friends enter the theatre without paying for tickets. She thinks it is fine to do so because the employees at the popcorn bar give free popcorn to their friends. This type of rationalization is based on

Answers

The type of rationalization made by the employee is based on other employee are doing it.

Rationalization refers to when individual attempt to justify a behavior with logical reasons even though those reason are not appropriate.

Here, the employee does rationalize giving free entry to her friend because other employee gives free popcorn to their friends.

Hence, the type of rationalization made by the employee is based on other employee are doing it.

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Which of the following strategies is not an effective strategy to reduce monopoly inefficiency? a. antitrust laws b. price discrimination c. doing nothing d. breaking up a natural monopoly into more than one firm

Answers

The inefficiency of monopolies cannot be reduced through price discrimination.

Monopoly is a cooperative board game with an economics theme. Players travel around the game board by rolling two dice in order to purchase, trade, and develop real estate, including homes and hotels. Players try to bankrupt their competitors by collecting rent from them. Tax squares, Chance cards, and Community Chest cards are additional methods to win or lose money. Each time a player passes a "Go" signal, they are rewarded. They can also be detained and prevented from being released unless one of three requirements is satisfied. There are house rules, numerous spin-offs, countless editions, and connected media. With local licenses in more than 103 nations and printing in more than 37 languages, Monopoly has been ingrained in global popular culture.

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What is it called when a business contributes money, goods or services to an organization or event to gain the publicity related
A news release
B customer loyalty program
C sponsorship
D promotional tie-in

Answers

Answer is (C sponsorship )

As a manager, your decisions must always improve the function of an organization and contribute toward _____.

increased revenue
meeting the vision
meeting the goals
increased staff

Answers

Answer:

It's C.

Explanation:

It's definitely not meeting the vision(s) or increased staff so I narrowed it down to A and C, increased revenue and meeting the goals, saying them both in the sentence for the blank it flows and makes sense so you have to go by common-sense or knowledge so I have a good guess that it would be meeting the goals. Managers do sell stuff but rarely, and selling stuff is how you increase revenue. Trying to meet the goals is more of managers isle and from what I know of managers it wouldn't be meeting the vision in any postion.

Answer:

B. Meeting The Vision

Explanation:

I took the Instruction/Assignment and got it wrong, It's Meeting The Vision

As a manager, your decisions must always improve the function of an organization and contribute toward

GAWAIN 2
Panuto, Gamit ang Venn diagram, Thambing ang mga katangian ng balalawiting panudyo,
lugmang de gulong, hugtong, apalalaman, Teulat sa aimang bahagi ang pagkakatulad ng
dalawang karunungang hayang inihahambing,
Tulal Awiting
Papudyo
Tugmang de Galang
Pagkakatulad
Bulong
Palaisipan
Pagkakatulad​

Answers

Explanation:

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Which of the following is NOT a possible tax or deduction that could be withdrawn from your paycheck?
FICA
Overtime pay
Federal income tax
Contributions to retirement savings

Answers

Overtime pay is not a tax or deduction that could be withdrawn from your paycheck.

Overtime pay is a wage rate paid to an employee for working more than the standard number of hours per week or day, and it is subject to taxes and other deductions. On the other hand, FICA (Federal Insurance Contributions Act) tax is a payroll tax that is withdrawn from an employee's paycheck to fund Social Security and Medicare programs. Federal income tax is a tax on an individual's income imposed by the federal government, and it is withheld from an employee's paycheck based on their earnings and filing status. Contributions to retirement savings such as a 401(k) or IRA are voluntary deductions from an employee's paycheck and are intended to provide long-term savings and tax benefits.

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Studying inflation in the United States from 1970 to 2010 is an example of using
a. randomized controlled experiments.
b. time series data.
c. panel data.
d. cross-sectional data.

Answers

The question is asking about the type of data used when studying inflation in the United States from 1970 to 2010. The correct answer is Option b. time series data.

Time series data refers to data collected at regular intervals, such as daily, monthly, or yearly. In this case, the data for inflation in the United States would have been collected every year from 1970 to 2010. Time series data allows us to observe changes in a phenomenon over time, as well as any patterns or trends that may emerge.

Panel data is a type of data where each data point contains information about multiple individuals or entities. In the context of inflation, panel data could include data from individual countries or economic regions.

Cross-sectional data is data that is collected at one point in time. This type of data is used to compare different individuals or entities at the same point in time. For example, cross-sectional data could be used to compare inflation rates between different countries or economic regions at the same time.

In conclusion, the type of data used when studying inflation in the United States from 1970 to 2010 is time series data. Time series data is collected at regular intervals, such as yearly in this case, and is used to observe changes in a phenomenon over time.

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Which discipline studies the economy as a whole or its basic subdivisions or aggregates?.

Answers

Marcoeconomics is a discipline that studies economics as a whole.

What is Macroeconomics?

Macroeconomics is a study that deals with the study of the performance of an economy, structure and decision-making as a whole.

Macroeconomics is concerned with the general overview of an economy this include the level of employment and unemployment, the number of goods and services produced in an economy.

Therefore, Marcoeconomics is a branch of economics that studies the whole economy.

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Which of the following is a benefit of a bank?
A. You can get your cash quickly and easily.
B. A bank is insured by the federal deposit insurance corporation
C. You assets are safe from theft, loss, and fires
D. All the above

Answers

Answer:

D

Explanation:

Answer:

D. All the above

Explanation:

What would a nonprofit organization hire a marketing team? What are some examples

Answers

Hand off marketing so you can focus on your mission. Bring on a greater number of donors and volunteers. Increase your organization's impact on the world.

What does non-profit marketing look like in practice?

Consumers are urged to donate money to a cause or charitable cause in traditional fundraising. Some companies work with organizations to develop long-term fundraising campaigns for causes that are important to their workforce.

Which marketing tasks are carried out by charitable organizations?

The techniques and plans employed by nonprofit organizations to increase donations and distribute their message are referred to as nonprofit marketing. Numerous activities fall under the category of nonprofit marketing, including social media marketing, content marketing, mobile marketing, and direct mail marketing.

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ABC Company's sales are $100,000, fixed costs are $50,000, and variable costs are $30,000. ABC Company's contribution margin and operating income are __________ and __________ respectively.
$50,000; $20,000
$20,000; $70,000
$70,000; $50,000
$70,000; $20,000

Answers

To calculate the contribution margin, we need to subtract the variable costs from the sales:

Contribution Margin = Sales - Variable Costs

Contribution Margin = $100,000 - $30,000

Contribution Margin = $70,000To calculate the operating income, we need to subtract the fixed costs from the contribution margin:Operating Income = Contribution Margin - Fixed Costs

Operating Income = $70,000 - $50,000

Operating Income = $20,000 Therefore, ABC Company's contribution margin is $70,000 and its operating income is $20,000. The correct answer is $70,000; $20,000.

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Why is it important to demonstrate a positive work attitude in the workplace?

O to be seen as trustworthy and reliable

O to be seen as coachable and flexible

O to be seen as willing to delegate tasks

O to be seen as easily persuadable

Answers

Answer:

the first one

Explanation:

if you aren't trustworthy you might not get as many opportunities in your workplace

reducing leverage will lead to a reduction in financial risk, which will reduce the risk faced by debtholders as well as the risk faced by equityholders true false

Answers

Reducing leverage will generally lead to a reduction in financial risk, which will reduce the risk faced by both debtholders and equityholders. It's True.

Leverage refers to the use of borrowed funds to increase investment, and it can amplify the impact of any gains or losses on an investment. Therefore, reducing leverage can help to mitigate the risks associated with investment. Debtholders are the owners of debt securities, such as bonds, and they are typically exposed to credit risk, which is the risk that the borrower will default on its debt obligations. By reducing leverage, the borrower can reduce the amount of debt outstanding, which can reduce the credit risk faced by debtholders.

Equityholders are the owners of equity securities, such as shares, and they are typically exposed to market risk, which is the risk that the value of their investment will fluctuate due to changes in market conditions. By reducing leverage, the borrower can reduce the amount of debt outstanding, which can reduce the market risk faced by equityholders.

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Which of the following is an example of an advertisement?
A.
A company newsletter
B.
A billboard
C.
A press release
D.
A news article about the company

Answers

Answer: B

Explanation:

just did it

A Billboard is an example of an advertisement. Option (b) is the correct answer to the question.

What is an Advertisement?

Advertising is a type of communication that is intended to encourage an audience to do something, usually in relation to a commercial offering, like a good or a service that is being sold.

A billboard is a sizable outdoor advertising structure that is generally seen in high-traffic places, such as beside busy roadways. In the UK and many other countries, it is also known as hoarding. Large advertisements are shown on billboards for cars and pedestrians to see. Normally, businesses utilize billboards to promote new items or to strengthen their existing brands.

The largest ordinary-sized billboards command high-density consumer exposure and are typically found on major highways, expressways, or main arterial. Due to their size and the fact that they enable creative "customization" through extensions and embellishments, these provide the most visibility.

Therefore, Option (b) is correct.

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Suppose the return on the market is expected to be 15%, a stock has a beta of 3.5, and the t-bill rate is 5%. the sml would predict an expected return of the stock of

Answers

The expected return on stock , of expected market return of 15%,beta of 3.5 and T-bill (Treasury bills) rate of 5% is 40%.

T-bill rate r(f)= 5%

Expected market return r(m) = 15%

Beta(ß) = 3.5

Expected return e(r) = r(f)+ß [r(m)-r(f)]

                                  = 5+ 3.5[15-5]

                                  = 5+35

                                  = 40%

Treasury bills are issued when the government requires funds for a short period of time. These bills are only issued by the government, and the interest rate on them is determined by market forces. Treasury bills, also known as T-bills, have a maximum maturity of 364 days. As a result, they are classified as money market instruments (money market deals with funds with a maturity of less than one year). Treasury bills are currently issued in three maturities: 91 days, 182 days, and 364 days.

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What still usable relic from the 1880s California gold rush just sold at auction for $76,000?
A. Pack of dynamite
B. Pair of Levi’s jeans
C. Covered wagon

Answers

(B) Pair of Levi’s jeans is the  usable relic from the 1880s California gold rush just sold at auction for $76,000. A pair of Levi's jeans is one of the oldest known Levi's from the gold rush era in California.

According to the auction listing, Levi's from the gold rush era or also known as A pair of Levi's jeans and "the holy grail of vintage denim collecting." Someone named Kyle Haupert, a 23-year-old vintage clothing dealer from San Diego bought the pair of jeans at an auction on October 13.  A pair of Levi's jeans from the 1880s got sold for $76,000 at an auction in New Mexico.  Kyle Haupert as the buyer had to pay $87,400 with a buyers premium factored in.

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What role do executive departments and agencies play in fulfilling the constitutional duties of the executive branch?. Find the quartiles of the following data set: 20,22,23,25,29,35,37,41,46,54,56,60 what is the name of the heart valves located between the atria andventricles that keep blood moving in only one direction? Please help!! ASAP due at 3 pm!! Given this equation:f(x)=3x+4 What is the corresponding range value for a domain value of 5. Select all that apply. The graph of a linear function passess through the points (3, 19) and (5, 23). Write an equation for the function. Show your work What is 100x398+56. NO LINKS OR I WILL REPORTNoelle and Gina have a combined height of 130 inches. Noelle is 4 inches taller than Gina. Let n stand for Noelle's height. How tall is each girl?Gina's height in inches:______________________Noelle's height in inches:_______________________Equation:____________________________ Dogs and humans alike had a great time and got some good excercise at our annual5k! Thanks to everyone who helped make the event a sucess.Correct the two errors in an arcade game a 0.14 kg disk is shot across a frictionless horizontal surface by compressing it against a spring and releasing it. if the spring has a spring constant of 155 n/m and is compressed from its equilibrium position by 4 cm, find the speed with which the disk slides across the surface. answer in units of m/s. What are the types of connotation? draw the lewis structure of pbr3. include all the lone pairs. Please answer soon. (35 Points) Solve 8 w 72. Graph the solution. Please help A chemist mixes ammonium acetate into 500 mL of water. What does the solution contain? a. The solution is just water. The ammonium acetate will not dissolve and will just sink to the bottom of the solution. b. N3-ions, H+ ions, C4-ions, and O2-ions c. NH4+ and CO32-ions d. NH4+ and C2H302 ions d. Question 24 2 pts A chemist want to prepare a solution containing (soluble) silver ions. Please answer. I NEED I WILL MARK BRAINLY Matt Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 8,000 units and of Product B is 6,000 units. There are three activity cost pools, with estimated total cost and expected activity as follows:Activity Estimated Expected ActivityCost Pool Cost Product A Product B TotalActivity 1 $20,000 100 400 500Activity 2 $37,000 800 200 1,000Activity 3 $91,200 800 3,000 3,800The cost per unit of Product A under activity-based costing is closest to:$2.40.$3.90.$10.59.$6.60. someone answer this please, ill give you brainliest and your getting 100 points. What is the measure of C? Q.1 A rod is made of wrought iron and is secured to the piston by a tapered rod and nut and to the crosshead by a cotter. Determine the diameter of a piston rod for a cylinder of 1.8 m diameter in which the greatest difference of steam pressure on the two sides of the piston is 0.3 N/mm. The length of the rod is 2.5 m. The modulus of elasticity is 210 kN/mm and the factor of safety is 6.