a. The contribution margin percentage is approximately 41.99%.
b. The monthly sales volume needed to break even is approximately $495,228.13.
c. The sales volume needed to earn $168,000 is approximately $940,834.60.
a. Contribution margin percentage:
The contribution margin percentage can be calculated by subtracting the total variable costs from the total revenue, dividing the result by the total revenue, and multiplying by 100.
Total revenue = $606,000
Fixed costs = $207,900
Profit = $46,620
Variable costs = Total revenue - Fixed costs - Profit
Variable costs = $606,000 - $207,900 - $46,620 = $351,480
Contribution margin = Total revenue - Variable costs
Contribution margin = $606,000 - $351,480 = $254,520
Contribution margin percentage = (Contribution margin / Total revenue) * 100
Contribution margin percentage = ($254,520 / $606,000) * 100 ≈ 41.99%
b. Break-even sales volume:
The break-even sales volume represents the level of sales at which the company's revenue exactly covers its total costs, resulting in zero profit.
Break-even sales volume = Fixed costs / Contribution margin percentage
Break-even sales volume = $207,900 / 0.4199 ≈ $495,228.13
c. Sales volume needed to earn $168,000:
To determine the sales volume needed to earn a specific profit, we add the desired profit to the fixed costs and divide the result by the contribution margin percentage.
Sales volume needed = (Fixed costs + Desired profit) / Contribution margin percentage
Sales volume needed = ($207,900 + $168,000) / 0.4199 ≈ $940,834.60
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why transfer payments are not included in gdp calculation
Transfers are excluded from GDP because they do not represent production. The production of goods and services that are not marketed is not counted because they are not sold in the market, such as home production like when you clean your house.
What justifies the exclusion of transfer payments from government purchases?
Individuals receive or give transfer payments, such as financial aid, subsidies, and other forms of money, without actually buying any products or services. Due to the fact that these do not involve the acquisition of any goods or services, they are not included in the government component of GDP.
What is the GDP defined simply?
GDP calculates the monetary value of finished products and services—those sold to end users and produced in a nation during a specific time period—as they are generated in that nation (say a quarter or a year). The total output produced inside a nation's boundaries is measured.
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holo company reported the following financial numbers for one of its divisions for the year; average assets of $5,890,000; sales of $5,465,000; cost of goods sold of $3,270,000; and operating expenses of $1,156,000. assume a target income of 14% of average assets. compute residual income for the division: multiple choice
If a target income of 14% of average assets, the residual income for Holo Company's division is $213,600.
Residual income is the amount of income a division generates above the minimum return expected by the company's management for the assets used by the division. The formula for residual income is:
Residual Income = Net Income - (Average Assets x Minimum Required Rate of Return)
To calculate the residual income for Holo Company's division, we need to first calculate the minimum required rate of return. Given that the target income is 14% of average assets, the minimum required rate of return is:
Minimum Required Rate of Return = 14% x $5,890,000 = $825,400
Next, we can calculate the net income for the division:
Net Income = Sales - Cost of Goods Sold - Operating Expenses
Net Income = $5,465,000 - $3,270,000 - $1,156,000
Net Income = $1,039,000
Finally, we can calculate the residual income:
Residual Income = $1,039,000 - ($5,890,000 x 14%)
Residual Income = $1,039,000 - $825,400
Residual Income = $213,600
This means that the division generated $213,600 in income above the minimum required return on its assets.
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Complete question is:
Holo company reported the following financial numbers for one of its divisions for the year; average assets of $5,890,000; sales of $5,465,000; cost of goods sold of $3,270,000; and operating expenses of $1,156,000. assume a target income of 14% of average assets. compute residual income for the division:
In a socialist economic system, the government
O owns and controls the people.
O pays little attention to income distribution.
O owns and controls many of the resources.
O rents resources to the people.
Answer:
owns and controls many of the resources
Explanation:
Socialism, or the command system, is an economic system where the government owns and controls most of the factors of production. It decides on the allocation of resources and what products and services to avail in the market place.
The proponents of socialism advocate for,
1. Collective ownership of the factors of production through an elected central government.
2.Social equity by eradicating citizen's economic classification.
3. Central planning of the economy.
What Motivates workers at each level and what can a company do
to motivate workers? What role does the HRM department have, if any
in this? (less than 500 words)
Motivation is a key factor in job satisfaction, productivity, and employee retention. In general, workers at each level are motivated by different things. A company can motivate workers by creating a work environment that aligns with their motivations. The HRM department can play a significant role in creating this environment.
Workers at different levels are motivated by different things. Entry-level workers, for example, are often motivated by job security, stability, and a sense of belonging. Mid-level workers, on the other hand, are motivated by opportunities for advancement, recognition, and autonomy. Finally, senior-level workers are motivated by a sense of purpose, challenging work, and a sense of accomplishment.To motivate workers, a company can provide the following:Opportunities for advancement: Workers who feel that they have a clear path to career advancement are more motivated to stay with the company and put in extra effort. This can be achieved through a structured promotion process and training programs.Recognition and rewards: Regular recognition and rewards for good performance can boost employee morale and motivation. Examples include bonuses, awards, and public recognition.Flexible work arrangements: Offering flexibility in work schedules, remote work, and time off can improve employee satisfaction and motivation.Health and wellness benefits: Providing health and wellness benefits, such as gym memberships, healthy snacks, and mental health support, can improve employee well-being and motivation.Job enrichment: Job enrichment involves adding more responsibilities and variety to a worker's job. This can make the job more interesting and challenging, and increase motivation.The HRM department can play a crucial role in creating an environment that motivates workers. They can work with managers to identify workers' motivations and tailor job descriptions and benefits accordingly. They can also be responsible for implementing recognition and rewards programs, training programs, and creating a positive work culture. Finally, the HRM department can track employee engagement and job satisfaction and adjust their strategies accordingly.
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atwhat age should you legally be allowed to drink? proper assignmentof 1500 words
The legal drinking age varies across countries and is often a topic of debate. In the United States, the legal drinking age is 21 years old. This age limit was established through the National Minimum Drinking Age Act of 1984, which required states to raise their minimum drinking age to 21 in order to receive federal highway funding.
One of the main arguments in favor of a higher legal drinking age is the potential reduction of alcohol-related accidents and fatalities among young people. Research has shown that higher drinking ages are associated with lower rates of alcohol-related crashes and fatalities, as well as lower rates of alcohol consumption and alcohol abuse.
On the other hand, some argue that a higher drinking age is ineffective in reducing alcohol-related problems and may even contribute to them by driving young people to engage in risky and illegal behaviors, such as binge drinking or drinking and driving.
Another argument against the legal drinking age of 21 is that it is inconsistent with other age-related laws and rights. For example, individuals are considered legally adults and able to vote, serve in the military, and marry at the age of 18, but cannot legally drink alcohol until they are 21.
In conclusion, the legal drinking age is a complex and controversial issue that involves balancing concerns about public health and safety with individual rights and freedoms. While a higher legal drinking age may have some benefits, it is important to also consider the potential drawbacks and limitations of such policies, as well as alternative approaches to reducing alcohol-related problems among young people.
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How many years will you need to wait until the value of a $1,000 investment doubles to be worth $2,000, if it is earning 12.5% interest per year
It's important to note that the Rule of 72 is only an estimate, and actual results may vary. Additionally, it's important to consider factors such as inflation and taxes, which can affect the real return on an investment.
To calculate the number of years it takes for an investment to double in value with a given interest rate, we can use the Rule of 72. The Rule of 72 is a quick way to estimate how long it takes for an investment to double in value based on its annual rate of return. To use this rule, we divide 72 by the annual interest rate. In this case, the investment is earning 12.5% interest per year, so we can use the Rule of 72 to estimate how long it will take for the investment to double:
72 / 12.5 = 5.76
According to the Rule of 72, it will take approximately 5.76 years for the investment to double in value. Therefore, after around 5.76 years of earning 12.5% interest per year, the initial investment of $1,000 will be worth approximately $2,000.
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Prompt
Preparing to get a job isn't easy, but it isn't necessarily hard either. This process is about you developing as a person, and
noticing the things you've learned, overcome, and accomplished, even as a young adult. One crucial aspect is the interview.
Many times you're being interviewed informally, and people are trying to size up how you handle stress and difficult
situations
Describe one of your strengths and one of your weaknesses, and then tell a story that can help you show both your strength
and your weakness in a positive light. For example: One weakness I have is that when I get into a project I can completely
forget about everything else in life. I work almost too hard, some people say, but I just get consumed with performing and
creating solutions. So I have to remind myself to also focus on my own needs, and I've had to learn to invest in myself. One
way I did that was to get a gym membership, which helps me build a better, healthier lifestyle for myself.
I WILL CASH AP YOU IF YOU ANSWER THIS CORRECTLY✨✨✨✨
What is the polygon address used by the hacker to steal $600 million from the poly network in 2021?.
Polygon address: '0x5dc3603C9D42Ff184153a8a9094a73d461663214' was used by the hacker to steal $600 million from the poly network in 2021.
The Polygon stack of protocols was created to address the scalability problems of Ethereum. The Polygon network handles transactions on a different, Ethereum-compatible blockchain to address the network's problems. The blockchain-based Poly Network platform reported that a hacker had gained access and stolen more than $600 million in cryptocurrencies.
However, it seemed as though the hacker had given back a few of the stolen goods. According to the network, the three addresses received allegedly stolen assets. According to Poly Network, which enables token exchanges between blockchains, a hacker targeted multiple chains at once and stole more than $600 million in cryptocurrency.
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Why do you think it will be important to stay flexible if your goals change as you get
older?
Answer:
You will feel stronger once you gain a bit of flexibility, simply because that flexibility gives you the range of motion to let your muscles work more efficiently. Maintaining flexibility will aid in muscle and joints health, which can keep older adults doing their favorite daily activities and remain independent.
Which of the following would be a business selling the same thing in another country?
if I'm wrong please give more details? and ice cream parlour?
Answer:
I think cafe or Hotel will be the best business in another county.
What is not a duty of a human resources manager? Choose the answer.
Question 2 options:
maintain contact information
plan employee benefit programs
develop the mission and vision of the company
conduct exit interviews
Answer:
maintain contact information
Developing the mission and vision of the company is not a duty of a human resources manager. Thus, option C is correct.
Who is the manager?A manager is someone who is in charge of overseeing or managing an organization. He or she is an acting leader who assists in creating goals and assigning tasks, and he or she also displays certain leadership qualities that aid in the smooth operation of the organization.
The human resource manager is someone who would take necessary decisions regarding the people and how the people usually work.
Developing the mission is not in their job profile because it is the job of the team leaders or the person who is sitting at a higher level. They are the ones who execute this decision and plan the future goal.
Therefore, option C is the correct option.
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Which 2 are quickstart templates provided in the work area for proadvisors to use when setting up a new project?
Monthly Bookkeeping & Bi-weekly Payroll are quickstart templates provided in the work area for pro-advisors to use when setting up a new project
This is further explained below.
What is Monthly Bookkeeping?Generally, You may guarantee that their paycheck is always where you want and anticipate it to be by monitoring their books on a monthly basis. You may steer clear of problems in which workers are paid an inaccurate amount or in which you do not deduct an adequate amount of taxes from their paychecks. Ongoing checks of your payroll will ensure that you are compliant and will keep your staff satisfied.
In conclusion, Quickstart templates, such as Monthly Bookkeeping and Bi-weekly Payroll, are made available in the work area for pro-advisors to utilize while they are establishing a new project.
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During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.
What is the maturity stage of the product life cycle?Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.
In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.
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demand is ___ when the price change results in a relatively larger change in the quantity demanded
Answer:
Demand is elastic when the price change results in a relatively larger change in the quantity demanded :3
Explanation:
:3
Southern Markets recently paid an annual dividend of $2.21 on its common stock. This dividend increases at an average rate of 3.0 percent per year. The stock is currently selling for $28.16 per share. What is the market rate of return?
(Enter your answer in DECIMAL (not in percent). For example, if the result of your calculation is 1.23%, enter 0.0123)
(Round your answer to the nearest thousands (upto three decimal places). i.e. if your answer is 1234.56789, enter 1234.568)
The market rate of return for Southern Markets is approximately 10.814% (rounded to three decimal places). To calculate the market rate of return, we can use the dividend discount model (DDM) formula, which relates the dividend, the expected growth rate, and the stock price.
The formula is as follows:
Market Rate of Return = (Dividend / Stock Price) + Growth Rate
Given:
Dividend = $2.21
Stock Price = $28.16
Growth Rate = 3.0%
Substituting the values into the formula:
Market Rate of Return = (2.21 / 28.16) + 0.03 = 0.078458 + 0.03 = 0.108458
Converting to a percentage and rounding to three decimal places, the market rate of return is approximately 10.814%.
The market rate of return provides investors with an estimate of the expected return on their investment in the stock. It helps in assessing the attractiveness of the stock compared to alternative investment opportunities.
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When one is using the modified ROR method to remove multiple ROR values, an additional estimate needed besides the cash flows and their timings is Select one: a. The ROIC value b. External rate of return c. Investment rate d. Internal rate of return
When one is using the modified ROR method to remove multiple ROR values, an additional estimate needed in addition to the cash flows and their terms is the external rate of return. Option B is correct.
What is the external rate of return?It is the opportunity cost of investing in the project. It corresponds to an interest rate responsible for equating the value of cash outflows with the present value of cash inflows.
Therefore, the central objective of the external rate of return is to calculate the net present value of a project.
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Whited Inc.'s stock currently sells for $35.25 per share. The dividend is projected to increase at a constant rate of 3.50% per year. The required rate of return on the stock, rs, is 11.50%. What is the stock's expected price 5 years from now? a. $41.87 b. $52.33 c. $46.89 d. $40.61 e. $36.42
The expected price of the stock after 5 years is $52.33.
Therefore, the answer is B.
The expected price of the stock after 5 years can be calculated using the Gordon growth model or the Dividend Discount Model (DDM).
According to DDM, the price of a share is calculated as the present value of the sum of the expected future dividends and the expected stock price at the end of the holding period.
The dividend expected after 1 year from now, D1 = Po(1 + g)
D1 = $35.25 × (1 + 0.035)
D1 = $36.50
The dividend expected after 2 years from now,
D2 = D1(1 + g)
D2 = $36.50 × (1 + 0.035)
D2 = $37.77
Similarly, the dividend expected after 3, 4 and 5 years are
D3 = $39.07
D4 = $40.42
D5 = $41.87
Now, using the dividend discount model formula we can calculate the price of the stock after 5 years:
P5 = D5 / (rs - g)
P5 = $41.87 / (0.1150 - 0.0350)
P5 = $52.33
Option (b)$52.33 is correct.
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article 9 of the code of ethics about written agreements requires realtors® to
Article 9 of the Code of Ethics about written agreements requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
The National Association of Realtors has a code of ethics that each member must follow. The code of ethics serves as a guideline to ensure that members act professionally and ethically in their dealings with clients. One of the most important provisions in the Code of Ethics is Article 9, which relates to written agreements. Article 9 requires Realtors to make a reasonable effort to reduce their verbal agreements to writing.
This requirement is essential because it helps prevent misunderstandings between Realtors and their clients. By putting their agreements in writing, the parties can avoid confusion over what was agreed upon and have a clear record of their understanding if any disputes arise in the future. Realtors can create written agreements using standard forms approved by their local or state Realtor association or legal counsel. Therefore, Article 9 of the Code of Ethics requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
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ABC Enterprises is worth $300,000. There are 3 shareholders and each shareholder is an equal owner of the company. If they establish an entity buy-sell agreement, the entity would have to buy policies in the amount of $____________ on each of the owners.
Answer:
$100,000 per each owner
Explanation:
Divided by 3. Seems fair
Knowing the reasons why talented employees are leaving can be invaluable in preventing the loss of other good people is a function of the interview.
Exit interviews are a feature of this in knowing the reasons why gifted personnel is leaving can be worthwhile in preventing the lack of other accurate people.
An exit interview is a communique that occurs among a corporation and an employee who has decided to go away from the enterprise. it is helpful to imagine them as the alternative of an activity interview - rather than asking why they want to sign up for your company, you're asking them why they've decided to leave.
“Essentially, the exit interview has three functions: to study wherein the employer can enhance itself, to make certain personnel leave feeling right approximately their provider and, in some instances, [to encourage] the worker to stay under new circumstances,” Diamond says.
You want to be sincere in this communication, however, you furthermore may don't want to say anything with the intention to leave your interviewer with a bad effect. training what you may say, earlier than the interview, ensures you don't misspeak or word a reaction poorly.
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What must people taking out a mortgage agree to? Check all that apply. A loan amount plans for repairs an interest rate renovation ideas payment terms.
The things which people who are taking out a mortgage must agree to are:
A loan amount, Interest ratePayment termsAccording to the given question, we are asked to state the things which people who are taking out a mortgage must agree to and why they are essential for obtaining this loan.
As a result of this, we can see that when a person is taking out a mortgage loan, then he is expected to agee on the loan amount, the interest rate and the payment terms.
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Answer:
A loan amount,
Interest rate
Payment terms
Explanation:
when job requirements challenge employees’ values and beliefs, it results in ______.
When job requirements challenge employees' values and beliefs, it results in a moral or ethical dilemma.
In a job, employees are required to perform certain tasks and duties as per the company's requirements. However, sometimes these job requirements may conflict with the employees' personal values and beliefs, resulting in a challenging situation.
They may feel a sense of guilt, moral distress, or cognitive dissonance, which can impact their motivation, productivity, and engagement at work.
In some cases, employees may choose to leave their job if they find the job requirements too challenging to align with their values and beliefs.
To avoid such situations, it is essential for companies to ensure that their job requirements are aligned with their employees' values and beliefs.
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Which two are benefits of equity funding? (Choose two)
1. Loan payments are predictable; they do not change with the fortunes of the business.
2. Can be used to raise working capital.
3. Investors do not get paid if the business does not make a profit.
4. Loan payments can be set up so they match seasonal sales of the business.
5. Investors have no say in the management or direction of the business.
The benefits of equity funding are it can be used to raise working capital.
Investors do not get paid if the business does not make a profit. Option 2 and option 3 are appropriate response.
What is equity funding?
The practice of raising money through the selling of shares is known as equity funding. Companies raise money to pay expenses in the short term or because they have a long-term objective and need money to invest in their expansion.
A firm effectively sells ownership in their business when it sells equity shares in exchange for money. There are two methods of equity funding: the private placement of stock with investors and public stock offerings.
Equity funding is used when companies, have a short-term need for cash. It is used to raise working capital. It carries no repayment obligation, investors are only paid when the business is profitable.
Hence option 2 and option 3 are correct response.
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If producer confidence in the economy increases, economists would say that this is a:______
a. Positive demand shock that shifts AD to the left.
b. Positive demand shock that shifts SRAS to the left.
c. Positive demand shock that shifts AD to the right.
d. Positive supply shock that shifts AD to the right.
e. Positive supply shock that shifts SRAS to the left.
If producer confidence in the economy increases, economists would say that this is a positive demand shock that shifts the aggregate-demand (AD) curve to the right. Option c is Correct.
A positive demand shock occurs when there is an increase in the overall demand for goods and services in an economy, leading to higher economic growth and inflation. This can be caused by a variety of factors, such as an increase in consumer confidence, a decrease in interest rates, or an increase in government spending.
When producer confidence increases, it can lead to a similar positive demand shock, as producers are more likely to increase their output and hire more workers in response to the increased demand for their goods and services. This can cause the AD curve to shift to the right, leading to higher output, employment, and inflation.
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People with a strong global mindset Question 18 options: can judge the competence of others by their national or ethnic origins. have a more parochial frame of reference about their business and its environment. are able to process and analyze large volumes of information in new and diverse situations. tend to rely on stereotypes to gain better knowledge about individuals.
Answer: are able to process and analyze large volumes of information in new and diverse situations
Explanation:
Global mindset includes refers to the openness, and the respect for the opinions and the practices of other people in other parts of the world.
It is the ability to be able to act across different cultures effectively. People that has a strong global mindset can process and analyze large volumes of information in new and diverse situations.
Which of the following is usually an effect of an embargo?
A. Prices fall because consumers have more options
B. Prices rise because consumers have fewer options
C. Countries benefit because open trade is encouraged
D. Smaller countries give in to the demands of larger countries
Answer: b
Explanation:
Answer: Correct option is B
Price rise because consumers have more options
Explanation: Lack of competition drives up INCREASE in the prices for consumers. In a price of increase for such product such as drugs. As fewer large players have controlled more of the market, mark-ups have tripled increase the price, and consumer has a few options. Families are paying higher prices for necessities things like prescription drugs, hearing aids, and internet service. Prohibited for such product so that's why the price will rise in this condition consumer have fewer option.
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________is a skill that many marketers and advertisers use when trying to convince someone that a product is a good idea and that they need to purchase it. A. empathy B. sympathy C.punctual D. qpersuasion
Answer:
D. Persuasion
Explanation:
They persuade people
Which of the following recruitment step is demonstrated by placing an ad
within the classifieds section of a newspaper?
A. Determine availability of qualified candidates
B. Post job and implement recruitment plan
C. Develop position description
D. Identify open positions and evaluate need
Answer:
D
Explanation:
*PLEASE HELP ME!*
Sara could practice her guitar or complete her calculus homework. She does not really want to practice her guitar but does so anyway, what is her trade-off?
practicing her guitar
completing her calculus homework
the time it took her to practice guitar.
practicing her guitar and doing her calculus homework
Answer:
C
Explanation:
In the workplace, leaders at every level and in every department are important if the company is going to succeed.
True
False
(THIS IS CAREER EXPLORATION!!!)
True
Explanation:
the best answer is True