The break-even point for the Total company is higher than both divisions together due to the existence of common fixed expenses not traceable to individual offices
How to calculate this(1) Break-even point =Total fixed cost / Contribution margin ratio
PARTICULAR TOTAL CHICAGO MINNEAPOLIS
Fixed cost 189,000 78,000 48,000
CM ratio 50 70 40
Break-even point 378,000 111,429 120,000
(2) Increase in income =Increase in sales * CM ratio =75,000*40%=30,000
(3a)
SEGMENTED INCOME STATEMENT
PARTICULAR TOTAL COMPANY CHICAGO MINNEAPOLIS
Sales 500,000 100 200,000 100 300,000 100
Variable cost 240,000 48 60,000 30 180,000 60
Contribution margin 260,000 52 140,000 70 120,000 40
Traceable fixed cost 126,000 24 78,000 56 48,000 16
Segment margin 134,000 28 62,000 44 72,000 24
Common fixed expenses not traceable to offices 63,000 13
Net operating income 71,000 15
(3b) Chicago office's contribution margin ratio will be 70% irrespective of the volume as it is a standalone office.
The total company contribution margin will be affected by a change in revenue of any office as the sales mix is changing. Change in sales mix will occur change on the weighted average contribution margin of the total company
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The income households actually receive before they pay personal income taxes is:_______
The income households actually receive before they pay personal income taxes is false.
Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and its definition varies from region to region.
The definition of income is the amount of money received by an individual, group, or business during a specified period. An example of income is an annual salary of $70,000.
Income provides financial resources to influence decisions about housing, education, child care, nutrition, health care, and more. Wealth, the accumulation of savings and wealth, helps to soften and protect us in times of economic hardship. As income and wealth rise and fall, so does health.
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Which of the following is a positive impact of technology on society? Staying connected Global deterioration Decreased human interaction Inactive lifestyles
Answer:
Staying connected
Explanation:
What types of services do property taxes typically pay for?
Answer:
The local governing body will use the assessed taxes to fund water and sewer improvements and provide law enforcement, fire protection, education, road and highway construction, libraries and other services that benefit the community.
if your income is $9 and the prices of x and y are $2 and $1, respectively, what quantities of each will you purchase to maximize utility?
The quantities of each will you purchase to maximize utility are 1.5 units of X and 6 units of Y
What is marginal utility?Marginal utility is the additional satisfaction gained from consuming one more unit of a good, while marginal utility per dollar is the additional satisfaction gained per dollar spent on a good.
To determine the quantities of X and Y that will maximize utility, we need to use the concept of marginal utility and marginal utility per dollar.
Let's assume that the marginal utility of the last unit of X consumed is 6, and the marginal utility of the last unit of Y consumed is 8. The prices of X and Y are $2 and $1, respectively.
To determine the optimal quantities of X and Y, we need to calculate the marginal utility per dollar of each good:
Marginal utility per dollar of X = Marginal utility of X / Price of X = 6 / 2 = 3
Marginal utility per dollar of Y = Marginal utility of Y / Price of Y = 8 / 1 = 8
Since the marginal utility per dollar of Y is greater than that of X, we should consume more of Y and less of X.
To maximize utility with an income of $9, we should allocate our spending between X and Y in a way that makes their marginal utility per dollar equal.
If we spend $6 on Y (6 units) and $3 on X (1.5 units), we will have spent our entire income and reached the point where the marginal utility per dollar of both goods is equal:
Marginal utility per dollar of X = 6 / 1.5 = 4
Marginal utility per dollar of Y = 8 / 6 = 4/3
Therefore, the optimal quantities of X and Y to maximize utility with an income of $9 and prices of $2 and $1 are 1.5 units of X and 6 units of Y.
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Based on the maximization of utility concept and the context of the question, the quantities of x and y that should be purchased to maximize utility are 2 units and 5 units respectively.
What is Maximum Utility?Maximum Utility is a term that is used to describe utility maximization, whereby individuals and organizations seek to achieve the highest level of satisfaction from their economic decisions.
Generally, the utility function assesses the intensity to which an individual's fulfillment is met
In this case, If the income is $9 and the prices of X and Y are $2 and $1, respectively, then a buyer should purchase 2 units of X and 5 units of Y to maximize utility and satisfy the equation MUx/Px = MUy/Py.
Therefore, the total utility of 45 units will be realized.
Hence, If the price of X falls to $1, then 4 units of X and 5 units of Y will now be purchased.
The demand schedule for X is:
p1 = 2, q1 = 2,
p2 = 1, q2 = 4.
Therefore, in this case, it is concluded that the correct answer is x and y which should be purchased to maximize utility are 2 units and 5 units respectively.
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Orlando wants to become a certified public accountant. which career cluster is he interested in? a. manufacturing b. transport, distribution, and logistics c. finance d. marketing
The fact that Orlando wants to become a certified public accountant means that the career cluster he is in is C. Finance.
What career cluster is accounting?A career in accounting is found in the finance career cluster which deals with other subjects that have to do with financial services.
Apart from accounting, the finance cluster would include things like investment banking, banking, and credit analysis.
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what is human resources in south Africa
Explanation:
Human resources refer to a country's population, their skills and abilities
the green giant has a 4 percent profit margin and a 63 percent dividend payout ratio. the total asset turnover is 1.3 times and the equity multiplier is 1.6 times. what is the sustainable rate of growth?
The sustainable rate of growth can be calculated using the given information about the profit margin, dividend payout ratio, total asset turnover, and equity multiplier. In this case, the sustainable rate of growth is equal to 1.07%.
To calculate the sustainable rate of growth, we can use the formula: Sustainable Growth Rate = Profit Margin × Retention Ratio × Total Asset Turnover × Equity Multiplier.
Given:
Profit Margin = 4% (0.04)
Dividend Payout Ratio = 63% (0.63)
Total Asset Turnover = 1.3
Equity Multiplier = 1.6
First, we need to calculate the retention ratio, which is equal to 1 - Dividend Payout Ratio.
Retention Ratio = 1 - 0.63 = 0.37
Next, we can substitute the given values into the formula:
Sustainable Growth Rate = 0.04 × 0.37 × 1.3 × 1.6 = 0.007
Therefore, the sustainable rate of growth for the Green Giant is 1.07%. This means that the company can sustainably grow its earnings at a rate of 1.07% based on its profit margin, dividend payout ratio, total asset turnover, and equity multiplier.
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investment spending includes spending on
Answer:
Investment spending is spending on goods to produce other goods. Investment spending includes the accumulation of new inventories. It also includes spending by households on new houses. ... Gross investment is the total spending on investment goods.
Explanation:
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What is collateral?
•
a type of unsecured credit
O property given as security for a loan
funds borrowed to buy property
a payment to reduce overall debt
A collateral is a property given as security for a loan. Thus, the correct answer is option B.
What is a collateral?A valuable asset that a borrower offers as collateral for a loan is known as collateral in the financial industry.
The house is used as collateral for the financing when a home buyer gets a mortgage. The automobile is the security for a car loan. When a company seeks bank financing, it may use valuable assets like real estate or machinery as collateral for the loan.
An unsecured loan has a higher interest rate than one that is backed by collateral. If there is a default, the lender has the right to transfer the collateral to make up the difference.
Therefore, property given as security for a loan is a collateral
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Describe why it is important to understand how businesses impact you.
because they are the ones that provide me goods and services.
You are not going to proceed safely in a fast-paced, decision-making process when you wilty to make these decision is 1 a) heightened b) slowed down Increased 0 0 0 crasheged 5156.000 In a recent study, New York reported that the estimated cost per injured Survivor of a 2 a) alcohol-related b) weather related c) automobile malfunction related CO Characteristics that increase the likelihood for aggressive riving include
In a fast-paced, decision-making process, if you hesitate or become indecisive, you are not going to proceed safely. The correct answer is (b) slowed down.
In a fast-paced decision-making process, the pressure to make quick decisions can often lead to impulsive or rushed choices. When individuals feel overwhelmed or uncertain, taking a moment to slow down and carefully consider the options can improve the quality and safety of the decision-making process. Slowing down allows for a more thorough evaluation of the available information, potential risks, and possible outcomes. It provides an opportunity to analyze the situation from different angles, weigh the pros and cons, and make a more informed decision. By taking the time to slow down, individuals can minimize the likelihood of errors, oversights, and unintended consequences, leading to safer and more effective decision-making.
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--The complete question is, You are not going to proceed safely in a fast-paced, decision-making process when you wilty to make these decision is a) heightened
b) slowed down
c) Increased
d) crashed--
True or false? When deciding whether to buy a second car, the economic way of thinking indicates that the purchaser should compare the additional benefits of the second car with the additional cost of the second car.
True. When making a decision to buy a second car or any other economic decision, the economic way of thinking indicates that one should compare the additional benefits of the second car with the additional cost of the second car.
This is known as a cost-benefit analysis, which helps individuals and businesses make informed decisions based on weighing the pros and cons of a particular choice.
What is cost benefit analysis?
Cost-benefit analysis (CBA) is a technique used to evaluate the potential benefits and costs of a proposed project or policy. It is a systematic process that involves identifying, measuring, and comparing the expected benefits of a project or policy with its expected costs.
The goal of CBA is to determine whether the benefits of a project or policy outweigh its costs, and to provide decision-makers with a quantitative basis for evaluating alternative options.
The benefits and costs can be both monetary and non-monetary, and are usually expressed in terms of present value to account for the time value of money.
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Your supervisor constantly gets on you for things that you feel aren't your fault. Every other day , they approach you about work that isn't done , but you know that it's someone else's responsibility . How will you handle this issue
Answer: Try talking so your supervisor about it so he understands you can’t deal with certain that aren’t your responsibility, if it doesn’t work you should speak to a superior higher than your supervisor before it’s too late and you’re blamed for the unnecessary
Explanation:
What is the science that studies trends and changes in human populations?
A. Cohorts
B. Statistics
O c. Technology
D. Demography
Answer:
The answer to your question is D.
Demography is the statistical study of trends and changes in human populations. Thus, the correct option is D). Demography.
What is Demography?
Demography refers to the statistical study of human population. It includes the study of human populations and population changes and trends by using different resources such as statistics of births, deaths, income and disease.
Demography is the scientific study which is important to understand the structure of a population in order to plan health and public health interventions, to know how far the growth rate of the economy is keeping pace with the growth rate of population etc.
Demographers are those researchers who conduct demographic analysis by using census data, surveys, and statistical models to analyze the size, movement, and structure of populations.
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Shares of Sandwich Street stock cannot be purchased on any stock exchange or by just any individual. This means that Burger House is a(n)
Shares of Sandwich Street stock cannot be purchased on any stock exchange or by just any individual. This means that Burger House is a privately held company.
Being privately held means that Burger House is not publicly traded on any stock exchange. The ownership of the company is typically limited to a small group of individuals, such as founders, executives, and private investors.
Since Sandwich Street stock cannot be purchased on any stock exchange, it suggests that the ownership and trading of its shares are restricted to a select group of individuals rather than being available to the general public. This is a characteristic often associated with privately held companies.
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What is NGO and its characteristics?
The NGO is a non-governmental organization whose characteristic is to raise money and help others.
We can describe NGO as non-governmental organizations that work in order to benefit the local people. The characteristic of an NGO includes helping others, to have an effective cause through which mankind can be helped.
To fulfill its characteristics, an NGO raises money through various sources and utilizes this money to make the lives of those people easier who do not have enough money to take care of themselves. NGOs are also formed to help with medical treatments and to help all people who have some kind of disability.
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You are the vice president of operations for a U.S.-based software firm that is exploring building a software design operation in India. Typically, when international firms enter the Indian market, they quickly learn how a caste system can affect business activities. Although officially banned, the caste system still dictates everyday life for many people in India. You are confident about the likelihood of business success there, but you have strong misgivings about the caste system. Do you think it will be possible to import and uphold a U.S. management style in India despite lingering effects of the Caste system and why?
Importing and upholding a U.S. management style in India, despite the lingering effects of the caste system, may pose certain challenges.
The caste system in India has deep historical and cultural roots, and its influence can still be felt in various aspects of society, including business interactions. While it may not be possible to completely eliminate the influence of the caste system, adopting an inclusive and culturally sensitive approach can help mitigate its impact. Building strong relationships with local stakeholders, investing in cultural training and awareness programs, and promoting diversity and inclusion initiatives can contribute to successfully importing and upholding a U.S. management style in India, while respecting the local context and addressing the challenges posed by the caste system.
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The protection of children’s education rights from excessive work time was guaranteed by the...
a.
The Rehabilitation Act
b.
The Fair Labor Standards Act
c.
The Age Discrimination Act
d.
The Equal Pay Act
Answer:
B
Explanation:
The protection of children's education rights from excessive work time was guaranteed by the The Fair Labor Standards Act (FLSA). The FLSA is the Federal law which sets minimum wage, overtime, recordkeeping, and youth employment standards.
Answer:
ITS B:))))
Explanation:
Marketing issues such as advertising, image, and promotion are important to quality because:
A. the intangible attributes of a product (including any accompanying service) may not be defined by the consumer.
B. they make the product seem more valuable than it really is.
C. they raise expenses and therefore decrease profitability.
D. they define for consumers the tangible elements of a service.
E. they educate consumers on how to use the product.
(A.) the intangible attributes of a product (including any accompanying service) may not be defined by the consumer. Because OPTION A, marketing concerns including promotion, advertising are crucial to quality
Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale. Political parties and interest groups are examples of non-commercial organizations that market more than goods or services for consumers.
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Attitude is your belief in your own effectiveness.
Т
F
Answer:
f
Explanation:
this mf emmanuel made me get it wrong. its false bro trust
Jayden, a calendar year taxpayer, paid $16,000 in medical expenses and sustained a $20,000 casualty loss in 2019 (the loss occurred in a Federally declared disaster area). He expects $12,000 of the medical expenses and $14,000 of the casualty loss to be reimbursed by insurance companies in 2020. Before considering any limitations on these deductions, how much can Jayden include in determining his itemized deductions for 2019?
Answer: Before considering any limitations on deduction, Jayden can include $16000 of the medical expenses and also $6000 of casualty loss when the itemized deduction in 2019 is determined.
Explanation:
When taxes are filed, the person filing the tax can either choose to itemize their deductions or take the standard deduction.
While the standard deduction is already known, the itemized deductions is being calculated. Itemized deductions are made from medical expenses, donations, mortgage interest etc. and are usually preferred by those that have high incomes.
Before considering any limitations on these deductions, it should be noted that Jayden can include $16,000 which is the medical expenses given in the question and a casualty loss of ($20000 - $14000) = $6000 in determining his itemized deductions for 2019?
this way of framing conflict involves how disputants see the other parties in the conflict.
Characterization framing is the way of framing conflict involves how disputants see the other parties in the conflict.
Characterization framing involves how individuals perceive and define the nature, causes, and issues at the heart of the conflict. It encompasses how disputants understand and interpret the conflict's essence, its underlying reasons, and the central points of contention.
Different characterizations of a conflict can lead to varying approaches and strategies for resolving it. For example, if a conflict is characterized as a competition for limited resources, the focus may be on distributive negotiation and finding a compromise. On the other hand, if the conflict is characterized as a clash of values or fundamental differences, a more integrative approach that seeks win-win solutions may be pursued.
Characterization framing influences the way disputants conceptualize the conflict and the solutions they consider appropriate. It shapes their perceptions of what is at stake and how to address the conflict effectively. By understanding and analyzing the various characterizations of a conflict, parties involved can gain insights into differing perspectives and work towards finding mutually acceptable resolutions.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Budgeted direct labor hours for quarter 1 total 3,700 hours. Employees are paid $10 per hour. The variable overhead rate is $0.30 per direct labor hour. Fixed overhead totals $1,500, and of that, $300 is depreciation. What are cash disbursements for manufacturing overhead for quarter 1? A. $1,110 B. $46,710 C. $2,610 D. $2,310
Then, we will subtract depreciation expense from the total overhead costs. Finally, we will add the variable overhead costs, which are $0.30 per direct labor hour, to the cash disbursements for manufacturing overhead for quarter 1.
Budgeted direct labor hours for quarter 1 total 3,700 hours. Employees are paid $10 per hour. Therefore, the budgeted direct labor cost for quarter 1 is:$10 per hour × 3,700 hours = $37,000The fixed overhead cost is $1,500, and of that, $300 is depreciation.
Therefore, the fixed overhead cost, which is not related to depreciation, is $1,200.Total overhead costs = Fixed overhead cost + Variable overhead cost Fixed overhead cost = $1,200Variable overhead rate = $0.30 per direct labor hour Variable overhead cost = Variable overhead rate × Direct labor hours Variable overhead cost = $0.30 per direct labor hour × 3,700 hours Variable overhead cost = $1,110
Therefore, the total overhead costs are:$1,200 + $1,110 = $2,310Cash disbursements for manufacturing overhead for quarter 1 = Total overhead costs - Depreciation expense Cash disbursements for manufacturing overhead for quarter 1 = $2,310 - $300Cash disbursements for manufacturing overhead for quarter 1 = $2,010Therefore, the cash disbursements for manufacturing overhead for quarter 1 are $2,010.
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Rent, salaries, insurance, and depreciation are examples of the cost of goods sold.
(a) True
(b) False.
The given statement, "Rent, salaries, insurance, and depreciation are examples of the cost of goods sold." is false as these are included in operation expenses.
Cost of goods sold relates to the up-front costs incurred by a business in the manufacture of the goods that it offers. Included in this sum are the costs of the labor and materials needed directly to make the item. The costs of the sales force and distribution are excluded from this category.
COGS is a crucial indicator on financial statements since it is used to calculate gross profit, which is calculated by deducting it from revenue. Gross profit is a measure of profitability that assesses how effectively a business manages its work force and resources during the production process. The expenditures involved in maintaining a firm are known as operating expenses (OPEX). Rent, utilities, labor, insurance, and other everyday costs are among them.
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How can body language, tone of voice and eye contact improve your ability to secure a job
during an interview?
These strategies actually don't communicate much so don't worry about putting
them into practice.
They help interviewers pay attention only to the words you use so you can
communicate clearly.
They can communicate a positive energy which can mean more interest and
enthusiasm for the job.
They allow you to say less which is always good in an interview.
Answer:
c: They can communicate positive energy which can mean more interest and enthusiasm for the job.
Explanation: Doing those will help you get the job :D
Your building plan for your restaurant includes 4 bathrooms - 2 women’s and 2 men’s. The city inspector informs you , that you must have at least 400 square feet per bathroom. If your building is a total of 8,000 square feet, how many square feet are left for the development of other , non bathroom areas?
A) 4,000 square feet
B) 4,800 square feet
C) 6,400 square feet
D) 8,000 square feet
Answer:
C) 6,400 square feet
Explanation:
Each bathroom requires at least 400 square feet. There are four bathrooms.
In total, the four bathrooms will need 400 square feet multiplied by four.
= 400 square feet x 4
=1600 square feet
The space left for other developments
=total space - bathroom space
=8000 square feet - 1600 square feet
=6400 square feet
3.1.5. Discuss the characteristics of a mixed Economy.
Answer:
A mixed economy has three of the following characteristics of a market economy. First, it protects private property. Second, it allows the free market and the laws of supply and demand to determine prices. Third, it is driven by the motivation of the self-interest of individuals
Explanation:
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Type in a sentence using the word Financial planning wrong
Tejas has decided to finance his college education through student loans. He is planning on taking out $100,000 in loans to become a nursery school teacher. On average, would this be something a finance professional would recommend?
A. No, because he is taking out more debt then he will ever be able to pay back.
B. Yes, because you should always finance your education.
C. Yes, because he is using the money to advance his career.
D. No, because you should never take out student loans.
Answer: A. No, because he is taking out more debt then he will ever be able to pay back.
Explanation:
Getting the finance to foot one's bills could come from many different sources, one of which is to put in for a loan. However, the advice to secure a loan might best be given by a finance expert who has the knowledge and expertise required to adequately access the value of the loan, the probable return on investment and ayher embedded considerations. In the scenario given above, taking out a loan of up to $100,000 in other to target the job of finally landing a teaching job at a nursery school which would on average return a meagre pay than cannot be pitted with the loan value would be considered unreasonable on average by a finance professional simply because the return on investment will probably be nothing near the value of the loan. This way, the debt incurred from due to the loan application may never be returned from the intended job.