To calculate NGS's preliminary net income and net profit margin for the month of May, we need to consider the revenues and expenses incurred during that period.
Revenues:
NGS provided $805 of spa services to customers on account on May 7.
Expenses:
Insurance expense: $3,100 (Paid on May 1)
Spa supplies expense: $1,040 (Received on account on May 10)
Advertising expense: $52 (Paid in cash on May 13)
Interest expense: Calculated based on the interest rate and the amount of the note payable ($6,400) over the two-year period. Since the interest rate and payment terms are not provided, we cannot calculate the exact interest expense.
Utility expense: $515 (Paid in cash on May 25)
Preliminary Net Income:
Net Income = Revenues - Expenses
Revenues:
$805
Expenses:
$3,100 (Insurance expense)
$1,040 (Spa supplies expense)
$52 (Advertising expense)
Interest expense (unknown)
$515 (Utility expense)
Net Income = $805 - ($3,100 + $1,040 + $52 + Interest expense + $515)
Net Profit Margin:
Net Profit Margin = (Net Income / Revenues) x 100
Net Profit Margin = (Net Income / $805) x 100
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John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If john pays back exactly $120, then the interest was.
Since john pays back the amount of $120, then, the interest is known as Simple interest.
The Simple interest is the easiest method of calculating an interest rate on a loan.
However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of timeHence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.
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All of the following are causes of unemployment except:
a) Structural unemployment
b) Job losers
c) New entrants
d) Job leavers
Job leavers may leave their current job voluntarily for various reasons, including to pursue better employment opportunities elsewhere, start their own businesses, or take time off to attend to personal matters .d is correct answer
Unemployment refers to a scenario whereby an individual who is able and willing to work but cannot find a job. Some of the causes of unemployment include structural unemployment, frictional unemployment, cyclical unemployment, technological unemployment, and seasonal unemployment.
However, out of the options given, all the following are causes of unemployment except job leavers. Let's look at each option in detail:-+Structural unemployment.
This occurs as a result of a fundamental shift in the economy that makes some skills obsolete and demands new skills that workers may lack. Structural unemployment is caused by changes in the structure of the economy, such as changes in technology or decreased demand for a certain product.
Job losers This type of unemployment happens when an individual is laid off or fired. This may be due to business failure, downsizing, or retrenchment.
New entrants These are people who have never worked before but are currently looking for jobs. New entrants are individuals who are looking for jobs for the first time in their lives, or those who have previously worked in jobs that are not related to their current field.nJob leavers
This refers to individuals who have voluntarily left their jobs due to a variety of reasons such as family matters, personal issues, or to start their own business.
All the above options (a, b, c) are causes of unemployment except for d (Job leavers). This is because job leavers may leave their current job voluntarily for various reasons, including to pursue better employment opportunities elsewhere, start their own businesses, or take time off to attend to personal matters.
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What are occupancy levels?
What are rental levels?
When comparing neighborhoods, what are some key or essential
elements that differentiate the neighborhoods with good reputations
and positive trend
Occupancy levels indicate the percentage of occupied properties, rental levels represent the rent charged, key elements differentiate neighborhoods, a buyer's market has more properties than buyers, and a seller's market has more buyers than properties.
Occupancy levels refer to the percentage of units or properties that are currently occupied by tenants or residents. It is an indicator of the demand for rental properties or real estate in a particular area.
Rental levels, on the other hand, refer to the amount of rent charged for a specific property or unit. It represents the price that tenants are willing to pay for the use of the property.
When comparing neighborhoods, some key elements that differentiate neighborhoods with good reputations and positive trends from stagnant or negatively trending areas include factors such as low crime rates, good schools, access to amenities and services, well-maintained infrastructure, increasing property values, community engagement, and overall quality of life.
A buyer's market refers to a market condition where there are more properties available for sale than there are buyers. In this type of market, buyers have more negotiating power, as sellers may need to lower prices or offer additional incentives to attract buyers.
A seller's market, on the other hand, is a market condition where there are more buyers looking for properties than there are available properties for sale. In a seller's market, sellers have more power as they may receive multiple offers and have the opportunity to sell their property at higher prices.
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what tactic was number one in helping north american firms be most successful in their content strategy was:
A content strategy is a plan for using content to accomplish your company objectives. Your target audience will be drawn to your content at every point of the sales process, and you can continue to engage them even after they've made a purchase. Say that one of your business's objectives is to raise brand recognition.
In order to support important business activities, content strategy is the high-level planning, execution, governance, and ongoing management of the content lifecycle. In essence, it's your brand's strategy to use content to increase traffic, leads, engagement, sales, and other business results. Three essential components—brand focus, user experience, and content distribution—are required for a successful content strategy, according to industry experts. A sound content strategy takes a KPI into account and then strives to achieve it. It is a road map that outlines the precise steps that must be performed to accomplish that goal. Of all, even with the best strategy and execution, content initiatives occasionally fail to achieve their KPIs.
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Match each of the options above to the items below. Members aren't very trusting of one another, they are spending time assessing what their contribution will be to this particular group as this is currently unclear. Members seem to be coming out of their shells, grouping into small alliances, and even arguing about the group's goals. . Members decide on their regular meeting days/times, rutes about tardiness or non attendance, and set expectations regarding how they will interact with one another . Members of your 8-person team break off into smaller groups of 2 or 3 and work on their sub-groupe individual tasks Members get together to discuss what they have learned and to share memories
Tuckman's theory process:
Forming:- members aren't very trusting of one another…
Storming:- Members seem to be coming out of their shells…
Norming:- Members decide on their regular meeting days/times…
Performing:- Members of your 8-person team break off into smaller…
Norming:- Members get together to discuss…
What is Tuckman's theory?Tuckman's theory was the main focuses of the group development. Bruce Tuckman in 1965. It was the process of forming, storming, norming, performing, and the norming.
Process of Tuckman's theory:
Forming:- members aren't very trusting of one another, they are spending time assessing what their contribution will be to this particular group as this is currently unclear. Storming:- Members seem to be coming out of their shells, grouping into small alliances, and even arguing about the group's goals.Adjourning:- Members decide on their regular meeting days/times, rutes about tardiness or non attendance, and set expectations regarding how they will interact with one another.Performing:- Members of your 8-person team break off into smaller groups of 2 or 3 and work on their sub-groupe individual tasks.Norming:- Members get together to discuss what they have learned and to share memories.As a result, the significance of the Tuckman's theory are the aforementioned.
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Your question is incomplete, but most probably the full question was.
1. Forming 2. Storming 3 Adjourning 4. Performing 5 Norming
A) Members aren't very trusting of one another, they are spending time assessing what their contribution will be to this particular group as this is currently unclear.
B) Members seem to be coming out of their shells, grouping into small alliances, and even arguing about the group's goals.
C) Members decide on their regular meeting days/times, rutes about tardiness or non attendance, and set expectations regarding how they will interact with one another .
D) Members of your 8-person team break off into smaller groups of 2 or 3 and work on their sub-groupe individual tasks E) Members get together to discuss what they have learned and to share memories
Which type of worker would most likely be able to begin work after receiving a high school degree and completing
an on-the-job apprenticeship?
A. a miner
B. a forester
C. a conservationist
D. a park worker
What is a survey
A. it is a set of questions used for gathering data.
B. it involves recording actions or events related to buying behavior.
C. It is a research method where the researchers assembles small group of people
D It is when only a portion of a population is researched
Answer:
A
Explanation:
it is a set of questions used for gathering data
this morning, you observe in the markets that the nominal interest rate is 6%, which includes inflation expectations of 4%. if inflation expectations go up by 1% and nominal interest rates go up by 1.5%, what is the resulting real interest rate?
The nominal interest rate is 6%, the inflation expectations are 4% (6% - 4%), and the increase in nominal interest rates is 1.5%, the real interest rate in this case would be 2.5%.
When we consider nominal interest rate, it is just a loan rate that is given to borrowers. Nominal interest rate does not factor in inflation, which is the general increase in prices of goods and services that takes place over time. However, when we factor in inflation, we get real interest rate. Real interest rate is the nominal interest rate minus the inflation rate. It shows the purchasing power of the interest rate. So, in order to get the resulting real interest rate, we will need to calculate the real interest rates before and after the change in inflation expectations and nominal interest rates.
Before change in inflation expectations and nominal interest rates:
Nominal interest rate = 6%; Inflation expectation = 4%;
Real interest rate = Nominal interest rate - Inflation expectation= 6% - 4%= 2%
After change in inflation expectations and nominal interest rates:
Nominal interest rate = 6% + 1.5% = 7.5%
Inflation expectation = 4% + 1% = 5%
Real interest rate = Nominal interest rate - Inflation expectation= 7.5% - 5%= 2.5%
Therefore, the resulting real interest rate after inflation expectations go up by 1% and nominal interest rates go up by 1.5% is 2.5%.
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Suppose that Defenestration decides to pay a dividend of only $2 per share this year and use the remaining $2 per share to repurchase stock. If Defenestration maintains this dividend and total payout rate, then the rate at which Defenestration's dividends and earnings per share are expected to grow is closest to what?
Answer:
Missing word "Defenestration Industries plans to pay a $4.00 dividend this year and you expect that the firm's earnings are on track to grow at 5% per year for the foreseeable future. Defenestration's equity cost of capital is 13%."
P0 = dividend payout per share/ (k-g)
Where g is firms earning growth = 5% or 0.05
And k is the cost of capital = 13% or 0.13
Therefore P0 = $4 / (0.13 -0.05) = $50
But if the payout is $2 per share and $2 per share is used to repurchase stock then to get the price of the stock in one year given the current price of $50.00, dividend at $2 and the 13% cost of capital we get
$50 = $2 + X / (1.13)
Therefore x = $54.5
At a current price of $50, we can expect that Defenestration Industries stock to sell for $54.50 immediately after the firm pays the dividend in one year
Therefore the growth is (54.5 -50)/50 = 9%
What is the purpose of active listening?
Explanation:
Active listening serves the purpose of earning the trust of others and helping you to understand their situations. Active listening comprises both a desire to comprehend as well as to offer support and empathy to the speaker.
Gaining others' trust and gaining insight into their circumstances are two benefits of active listening. Both a want to understand and a desire to support and empathize with the speaker are components of active listening.
What are components?A component is an identifiable portion of a larger program or construction in the programming and engineering fields. A component often performs one specific function or a set of related functions. A component is something that is a piece of a bigger whole. An example of a component is a CD player in a stereo system. An illustration of a component is an ingredient in a recipe. Noun.
Abiotic factors are non-living parts of an ecosystem that have an impact on their surroundings. Terrestrial ecosystems can be characterized by factors like temperature, light, and water. Ocean currents and salinity are examples of abiotic components in a marine ecosystem.
Active listening is a technique for listening to and responding to another person that enhances comprehension between the two parties. To diffuse the situation and look for solutions to issues, it is crucial to take this initial move. Students will learn what active listening is in this session and why it is crucial for handling disagreements.
Therefore, the speaker is a component of active listening.
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In 2 or 3 sentences, explain how these concepts relate to the essential question: "When is more of a good thing too
much?".
A good or useful product or action can be detrimental or excessive in excess amounts. For instance, Although the exterior Santa, sled, reindeer, and gnomes are nice, the indoor lights are far too much of a good thing.
How much of an excess is a good thing?If something is too much of a good thing, it stops being beneficial or enjoyable and instead becomes overwhelming or detrimental. The subject at hand would be beneficial or enjoyable in tiny doses, but destructive or burdensome in big ones. One mango, for instance, is both tasty and healthy. But there is such a thing as too much good. Even healthy things have the possibility of causing harm.
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FBL Inc., a US-based company, has to make payment to its supplier in Japan in March. FBL approached its bank in January and agreed on an exchange rate at which it will make the payment. FBL thus creates a safety net against any potential loss, if any fluctuation in exchange rate arises in the future. What is this strategy adopted by companies dealing in foreign exchange known as?
Answer:
Foreign exchange risk management strategy
Explanation:
In simple terms, what the Foreign exchange risk management strategy entails is the measures used by companies to protect or to create a safety net against any potential losses that may arise due to fluctuation in the exchange rates.
By approaching its bank in January [about three months in advance] in other to agree on an exchange rate at which they will make a payment, FBL Inc was implementing its Foreign exchange risk management strategy.
Which type of organizational structure has multiple managers having authority over an employee
A.point structure
B.line structure
C.staff structure
D.functional structure
Answer:
I believe it’s line structure
Explanation:
A team member has not been participating fully in a project (e.g., she’s missed meetings, she’s missed deadlines, etc.), but she wants to receive the same credit as her team members who did the work. As the manager in this department, once you find out about the underperforming team member, how can you use social contract ethics and/or virtue ethics to coach her to perform
As a manager, you are in charge of creating an environment that is conducive to teamwork and communication. If you have a team member who is not participating fully in a project, it can be detrimental to the team's success. One way to address this is to use social contract ethics and/or virtue ethics to coach the team member to perform better.
Social contract ethics are based on the idea that individuals are bound by a social contract to act in ways that are mutually beneficial. This means that individuals have certain rights and obligations that are defined by society. In the context of a team project, this means that team members have an obligation to work together and to do their fair share of the work. If one team member is not fulfilling their obligation, then it is up to the manager to remind them of their responsibility. Virtue ethics, on the other hand, are based on the idea that individuals should strive to embody certain virtues, such as honesty, integrity, and fairness.
In the context of a team project, this means that team members should be honest about their contributions and should work to ensure that the work is distributed fairly. If a team member is not fulfilling this obligation, then it is up to the manager to remind them of their responsibility. To coach the underperforming team member, you can start by reminding them of their obligation to the team and to the social contract that they have agreed to. You can also encourage them to embody the virtues of honesty, integrity, and fairness, and to work to ensure that the work is distributed fairly. By using social contract ethics and virtue ethics to coach the team member, you can help to create a more productive and cohesive team. This can also lead to a more positive work environment and increased job satisfaction for all team members.
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the ranking of the size of tax revenues received by the federal government (from highest to lowest) would be corporate taxes, income taxes, and social security payroll taxes. true or false
False. The ranking of the size of tax revenues received by the federal government is income taxes, social security payroll taxes, and then corporate taxes.
Income taxes are the largest source of federal tax revenue, accounting for over half of all federal tax revenue. Social security payroll taxes, which fund social security and Medicare, are the second-largest source of federal tax revenue.
Corporate taxes are the smallest source of federal tax revenue, accounting for only about 7% of all federal tax revenue. While corporate tax rates are often a topic of debate and controversy, they make up a relatively small portion of the overall federal tax revenue.
Understanding the breakdown of federal tax revenue can help individuals and policymakers better understand the priorities and funding sources of the federal government.
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the government can both set the efficient level of output in a market and maximize surplus by correcting for a negative externality by using: a. a tradable allowance. cross out b. a tariff. cross out c. a subsidy. cross out d. a quota.
A tradable allowance when the government intervenes in markets with external costs, it does so in order to protect the interests of bystanders.
What does allowances mean in marketing?Externalities are either external costs or benefits that trickle down to bystanders. By giving subsidies to the provider of the good or service, the government promotes positive externality. Taxing things will deter their manufacture, which will benefit society. To address externalities, government involvement is frequently necessary. Taxes are used to reduce negative externalities, while subsidies are used to reduce positive externalities. Pollution is a prime illustration of a bad externality. The advantages of education are a prime illustration of a favourable externality. An externality is an action that negatively affects other members of society, but not always the individual who takes part in it.To learn more about allowances refer to:
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Which parts of your business are not profitable?
Answer:
A non-profit business is a tax-exempt organization formed for religious, charitable, literary, artistic, scientific, or educational purposes. Its shareholders or trustees do not benefit financially. Any money earned must be retained by the organization and used for its own expenses, operations, and programs.
Explanation:
Answer: The activities an organization performs in order to fulfil its CSR responsibilities are not profitable.
Explanation: Every company undertakes certain steps in order to fulfill its CSR (Corporate Social Responsibility). They include donations to NGOs, building safe and healthy work environments for its employees, etc. Even though they don't render any profits to the organization, they prove to be beneficial while making a brand image and brand name. These bring in goodwill for the company.
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suppose french government imposes a quota on international trade of cars. it means it will:group of answer choicesprohibit import of cars altogether;prohibit export of cars altogetherrestrict the quantity of cars france may export;restrict the quantity of cars france may import;
The French government's imposition of a quota on the international trade of cars would restrict the number of cars France may import. This means that there would be a limit on the number of cars that can be imported into the country from foreign markets.
A quota is a trade restriction imposed by a government to limit the quantity of goods that can be imported or exported. In this case, the French government is implementing a quota specifically on the import of cars. By setting a restriction on the number of cars that can be imported, the government aims to control and limit the inflow of foreign cars into the domestic market. This measure can serve various purposes, such as protecting domestic car manufacturers, promoting local industries, or managing trade imbalances. By limiting the number of imported cars, the government can influence the supply and demand dynamics in the domestic market, potentially supporting domestic car producers and ensuring the stability of the local automotive industry.
It's important to note that a quota specifically targets imports and does not necessarily restrict the export of cars from France. The focus is on controlling the inflow of foreign cars into the country while allowing domestic manufacturers to compete in the market.
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Which of the following statements is correct? The dead weight loss caused by monopoly
A firm has a machine it can sell for $50,000. The book value of the machine is $20,000 at the moment. If the firm sells the machine today, what is the tax implication from the sale? assume that the tax rate is 40%.
The book value of the machine is $20,000 at the moment.The tax implication from the sale is 12,000.00
Tax implication from the sale = ($50000 - $20000)*40%
Tax implication from the sale = $30,000 * 40%
Tax implication from the sale = 12,000
Now, as there is a lot of capital gain, so that means the enterprise will have to pay taxes of 12,000.
The book value of a employer is the internet distinction among that agency's overall property and overall liabilities, wherein ebook price displays the full fee of a business enterprise's property that shareholders of that enterprise could get hold of if the agency were to be liquidated.
Book value is the price of an asset consistent with its balance sheet account balance. For property, the value is based at the unique value of the asset less any depreciation, amortization or impairment expenses made towards the asset.
The book value offers you a honest concept of what the organisation is really worth, in economic phrases. It indicates the quantity that you stand to get, in case of a organisation's liquidation. If the ebook fee of a employer is higher than its marketplace cost, it manner that its stock rate is undervalued. that is a fundamental guideline of fee investing.
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Which of the following is the most common traits of entrepreneurs? A. Passionate B. Risk-taker C. Independence D. Self-assured
Answer:
A. Passionate
Explanation:
Hope this helps
Answer: independence
Explanation:
Who are office chief , sectional chief and assistant in school ?
Answer:
Post of the principle : A principal in a company is typically the owner, founder or chief executive officer (CEO) of a company. In some situations, the principal might be someone who owns most of the company's equity and is responsible for making big business decisions.
Post of the teacher : Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
Post of the counter worker : They call the childs parents if anything is wrong at school and is responsible of collecting the school fees and payment
Explanation:
Answer:
Sectional chief is the bridge between top and low level chiefs. One of the most important functions of a sectional chief is to report the performance, problems and achievements of the department to the office chief. Office Assistant: They are those personnel who work at lower level in an organization.
Teacher's post: Teaching post means any post in a school or institution occupied by a teacher for the purpose of teaching. teaching post means a post, the duties of which involve teaching and training the students and other academic responsibilities.
in your opinion did dooney & bourke invade the law why or why not
In terms of Dooney & Bourke invading the law, it is difficult to make a definitive statement without knowing the specifics of the situation you are referring to.
If you are referring to any specific legal cases or controversies involving the brand, please provide additional information.
Dooney & Bourke is a popular luxury fashion brand known for its high-quality handbags and accessories. Like all companies, they are subject to various laws and regulations, including those related to intellectual property, advertising, and consumer protection. It is important for companies to comply with these laws and regulations to avoid legal and financial repercussions.
If Dooney & Bourke has knowingly violated any laws or regulations, they may be considered to have invaded the law. However, if they have not violated any laws or regulations, then they would not be considered to have invaded the law. Without further information, it is impossible to make a definitive statement about whether Dooney & Bourke has invaded the law or not.
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If you get into a car accident, your___________ may increase because you will be considered riskier for insurance companies to cover
A. Car loan payment
B. Insurance premium
C. Taxes
D. Claims adjustment
Answer:
B. Insurance premium
Explanation:
If you get into a car accident, your Insurance premium may increase because you will be considered riskier for insurance companies to cover. Thus, option B is correct.
What are companies?A corporation is a legal body formed by a number of people to conduct and manage a business entity, whether it be commercial or industrial. An organizational model that will work as an individual representative and not in a collective manner.
As you already must be paying some amount of insurance premium, that premium will help you pay for the damage that has occurred this time. but still, when you next time may have a plan, they will increase the insurance premium.
After the accident, you have shifted from a lower-risk person to a higher-risk person. Therefore, option B is the correct option.
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A dot plot titled Miles Emilia Ran Each Week going from 1 to 6. 1 has 2 dots, 2 has 3 dots, 3 has 2 dots, 4 has 2 dots, 5 has 3 dots, and 6 has 4 dots. The dot plot shows the number of miles Emilia ran each week. Which is true of the data in the dot plot? The data is symmetric. The center of the data is 3.5. There is a peak at 3. The spread is from 1 to 6.
Answer:
The true statement is " The spread is from 1 to 6."
Explanation:
Consider the provide information.
First we will draw the dot plot as shown in the figure.
Now consider the options.
The data is not symmetric as for the symmetry the dots over 1 should be equal to the dots over 6. i.e 4.
Now find the center of the data by calculation the median of the data.
There are 16 dots in total which is an even number.
So, now we will find the average of the two middle values.
This will be the 8th and 9th value average for the given data set of 16 values.
Count from left to right the 8th and 9th values are both 4.
\(\text{Median}=\frac{4+4}{2}\)
\(\text{Median}=4\)
Hence, the center of the data is 4.
The second statement is false.
The peak of the data is at 6.
The third statement is false.
The spread is from 1 to 6 as we can see in the figure shown below.
Therefore, the true statement is " The spread is from 1 to 6."
Explain the hipp of the primary sources below source: letter written by john rolfe
The correct answer to this open question is the following.
Explain the HIPP of the primary sources below source: "letter written by John Rolfe."
"H" stands for Historical context. John Rolf was an important component in the foundation and success of the Jamestown, Virginia colony, in the North American territory. In the letter, he explains the Governor of the colony, Thomas Dale, his reasons to marry Pocahontas, a Native American Indian woman.
"I" stands for the Intended audience. The Governor of Jamestown, Virginia colony, Thomas Dale. The intention of John Rolfe was to clearly explain his motives, trying to maintain his intact reputation before the people of Jamestown.
"P" stands for Purpose. Rolfe wanted the approval of the Governor, knowing that in those years, Native American Indians were considered savages that first needed to be converted to the Christian religion to be accepted in the colonial society.
"P" stands for Point of view. In this part, we have to understand the point the author is trying to convey. In this case, John Rolfe, an English man, and an important figure that brought the toc¿bacco seed from the Caribbean Islands to grow tobacco crops in Jamestown and made tobacco the king of crops in Virginia wanted to justify his actions but not wanted to compromise his position before the Jamestown society.
Individuals who have been using the Wii do not want to switch to the Move because they relate it to a superior gaming experience and also because it has been in the market for a long time. The Wii is an example of a product that has _____.
The answer to the given question is as follows:Explanation:Individuals who have been using the Wii do not want to switch to the Move because they relate it to a superior gaming experience and also because it has been in the market for a long time.
The Wii is an example of a product that has high brand equity. High brand equity refers to a product that has strong brand recognition and is generally viewed favorably by consumers.
The product enjoys high consumer loyalty and demand. This means that the Wii has a strong brand identity, which leads to customer preference and loyalty over a longer period of time.
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Fiona wrote a check to the veterinarian for $89. 56. She’ll use the check register to record her transaction. What will be her new balance? A check register has a balance of 2,324 dollars and 41 cents. 225 dollars and 14 cents is debited, 475 dollars and 12 cents is deposited, and 25 dollars and 89 cents is debited. $2,458. 94 $2,484. 83 $2,549. 55 $2,575. 44.
Fiona's new balance would be $2,458. 94.
When a debit transaction takes place, money is withdrawn from the account. Thus the amount of money in the account would be reduced by the amount withdrawn. Debits would be withdrawn from the balance.
When a credit transaction takes place, money is deposited into the account. The amount of money in the account increases by the amount deposited. Deposits would be added to the balance.
New balance = 2324,41 - 89.56 - 225.14 + 475.12 - 25.89 = $2,458. 94.
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the magnitude of operating leverage for perkins corporation is 4.5 when sales are $100,000. if sales increase to $110,000, profits would be expected to increase by what percent? a. 4.5% b.14.5% c.45% d.10%
It would be anticipated that the profit would rise by 45%. The appropriate response to the given question is option (c).
What is Operating Leverage?The percentage of a company's cost structure that is made up of fixed expenses as opposed to variable costs is measured by operating leverage. A corporation is said to have more operating leverage if its fixed expenses are higher than its variable costs.
Magnitude of operating leverage= 4.5
Old sales= $100000
New sales= $110000
Percentage increase in sales:
(New-old)/old = (110,000-100,000)/100,000
= 10%
Consequently, a percentage rise in profit might be anticipated:
sales percentage growth times the degree of operational leverage
= 10% * 4.5
= 45%
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Josh began his career as the front desk clerk of a large hotel. He enjoys working in the Lodging pathway of the Hospitality and Tourism career cluster and plans to take more classes in hospitality and business. After finishing his education, what positions might be available to Josh along his career path?
PLEASE HELP!!
Answer:
Restaurants and Food/ Beverage Services
Lodging
Travel and Tourism
Recreation, Amusement, and Attractions
Explanation:
if josh enjoys working in the lodging pathway of the Hospitality and Tourism career cluster and plans to take more classes in hospitality and business and he plans to continue after education all of the careers listed above are some of the things he could do!
Answer:
Restaurants and Food/ Beverage Services, Lodging, Travel and Tourism, Recreation, Amusement, and Attractions
Explanation: