There will be a $34,000 drop in overall net income. The $124,000 contribution margin will be forfeited by the business. Only $90,000 of a fixed costs (salary, advertising, and administrative expenses) are avoidable, resulting in a $34,000 decrease in net income.
The contribution margin is what?The total amount of revenue left over after overhead expenses to pay for fixed costs and turn a profit for the business is shown by the contribution margin, according to Knight. This could be viewed as the component of sales which helps to cover fixed expenses.
Contribution margin: Is it profitable?While contribution margin is indeed the amount of revenue left over after deducting variable costs from revenue, gross margin is the profit that remains after the cost of goods marketed from revenue.
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discuss possible causes of change for the business
Change is an inevitable aspect of running a business. There are various internal and external factors that can cause changes in a business.
Market conditions: Changes in the market, such as increased competition, changes in customer preferences, or shifts in demand and supply, can cause a business to adapt and change its strategy.
Technological advancements: Rapid technological advancements can change the way businesses operate, leading to changes in production processes, customer interactions, and overall business operations.
Economic conditions: Changes in the economic environment, such as a recession, inflation, or changes in interest rates, can have a significant impact on the financial performance of a business and may require changes to its strategy.
Regulatory changes: Changes in government regulations or policies, such as tax laws, employment laws, or environmental regulations, can force a business to change its operations and adapt to new requirements.
Internal factors: Changes in management, organizational structure, or business processes can also cause changes in a business.
External factors: Natural disasters, political instability, or unexpected events can also have a significant impact on a business and force it to change its operations.
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What is the decision and reasoning of the Michael J French v. American Airlines- 2009 US dist. LEXIS 48654 (US district court Utah central division)
The court ruled in favor of American Airlines in the Michael J. French v. American Airlines case, finding that the airline had not broken the Americans with Disabilities Act by mandating that the passenger's service animal remain in a kennel throughout the flight.
An airline passenger's request for a reasonable accommodation under the Americans with Disabilities Act (ADA) was the subject of the Michael J. French v. American Airlines lawsuit in 2009. A disabled traveler named Michael J. French asked American Airlines to give him a special seat for his Golden Retriever service dog on a flight from Utah to Pennsylvania. American Airlines turned down the demand.
The case was handled in Utah's Central Division of the US District Court.
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What is team building and give example
what are 2 different types of budgets and discuss how they complement each other?
There are two main types of budgets: operational budgets and financial budgets.
Operational budgets are used to plan and monitor the day-to-day operations of a business, and typically cover a period of one year. These budgets include items such as revenue projections, production costs, and operating expenses. Operational budgets are crucial for ensuring that a business stays on track and meets its operational goals. Financial budgets, on the other hand, are focused on the long-term financial health of a business. They include items such as capital expenditures, financing costs, and cash flow projections. Financial budgets are used to help businesses plan for the future and make strategic decisions about investments and growth. These two types of budgets complement each other by providing a comprehensive view of a business's operations and financial health. Operational budgets help to ensure that day-to-day activities are aligned with the overall goals of the business, while financial budgets provide a roadmap for achieving long-term success. By using both types of budgets, businesses can make informed decisions about resource allocation, identify potential risks, and maintain a strong financial position over the long term.
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price elasticity of demand for electricity
The price elasticity of demand for electricity reflects the sensitivity of electricity consumption to price changes.
The price elasticity of demand for electricity is a measure of the responsiveness of electricity consumption to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price.
Understanding the price elasticity of demand for electricity is important for policymakers, electricity providers, and regulators in making informed decisions.
In the short run, the price elasticity of demand for electricity tends to be relatively low or inelastic. This means that changes in the price of electricity have a relatively small effect on the quantity demanded.
Electricity is considered a necessary and essential good for many households and businesses, and there are limited substitutes available in the short run.
In the long run, the price elasticity of demand for electricity becomes more elastic. Consumers and businesses have more flexibility to respond to price changes by adjusting their behavior, investing in energy-efficient technologies, or switching to alternative energy sources.
The availability of substitutes and technological advancements play a significant role in increasing the elasticity of demand over time.
It is important to note that the price elasticity of demand for electricity can vary across different consumer segments and regions. Industrial and commercial consumers often have more options to adjust their electricity consumption patterns and tend to have a higher elasticity of demand.
Residential consumers, on the other hand, may have fewer alternatives and exhibit a lower elasticity of demand.
It helps policymakers and stakeholders anticipate the impact of price fluctuations and design effective policies related to pricing structures, subsidies, energy efficiency programs, and the promotion of renewable energy sources.
Understanding the price elasticity of demand for electricity is crucial for balancing economic, environmental, and social goals in the energy sector.
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I am better at my job than most of the other people who have the same job title agree or disagree
Disagreed. You cannot say that you are better at your job than others who have the same job title.
How to answer questionnaire questions?While providing the answer to a questionnaire, it is very important that a person would try to be as truthful as possible.
The reason they have to be truthful is so that they would be able to give the best answer that would be useful for the research.
In a question like this, I used disagreed because it is not possible that you have met all of the persons that have the same job description as you do.
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give at least 2 diffrences of entrepreneurs and intrapreneurs."
Answer:
The main difference between an entrepreneur and intrapreneur is that an intrapreneur is already an employee of an existing organization or buissness, while the entrepreneur creates and oversees a new organization or buissness. Another difference is when an entrepreneur introduces an idea, they are usually introducing a new idea that doesnt already exist or belong to a company. an intrapreneur on the other hand promotes an idea innovation within the already existing company. Also, an intrapreneur is usually an "inside entrepreneur" within an inside co. while an entrepreneur is typically in a larger firm.
Explanation:
I hope this helps have a great day:)
how the fourth industrial revolution affects education
The fourth industrial revolution, also known as Industry 4.0, is bringing about a massive transformation in the way we live, work and learn.
What is industrial revolution?The Industrial Revolution was a period of time in the 18th and 19th centuries when major changes in agriculture, manufacturing, and transportation had a profound effect on the socioeconomic and cultural conditions in Britain.
It is characterized by the increased use of technologies such as artificial intelligence (AI), the Internet of Things (IoT), robotics, and 3D printing. These changes are having a profound effect on education, from the way students learn to the way teachers teach.
One of the major impacts of the fourth industrial revolution on education is the shift from traditional instructional methods to more personalized, adaptive learning. With the use of AI and machine learning, students can now receive tailored instruction and content that is tailored to their individual learning styles and needs. This not only helps to increase student engagement and achievement, but also helps teachers to better meet the needs of their students.
Another way the fourth industrial revolution is affecting education is through the increased use of technology in the classroom. Technologies such as virtual reality and augmented reality are being used to create immersive learning experiences, while collaborative platforms are being used to facilitate group discussions and activities. This increased use of technology is allowing students to gain more hands-on experience and to better understand complex concepts.
Finally, the fourth industrial revolution is also having an impact on how students are assessed. With the use of AI and machine learning, teachers are able to gain insights into student performance and assess them in real time. This not only allows for more accurate assessment and feedback, but also helps to ensure that students are learning the material effectively.
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How does emotional intelligence contribute to job performance?
Answer:
Benefits of Emotional intelligence in the workplace
Greater motivation among staff to understand their own emotions and those of their colleagues. Healthy communication that produces common goals across the business. The workforce having a positive outlook when it comes to the job at hand.
Explanation:
Examples of emotional intelligence in action in the workplace include: Constructive feedback instead of personal criticism and challenging behaviors, not people. Supporting colleagues through recognizing their emotions and working to reduce stress. Keeping calm and productive under pressure
Based on the information in the case, LeasePlan implemented changes to mitigate which diversity barrier?
Lease Plan implemented changes to mitigate an unspecified diversity barrier, aiming to foster a more inclusive and diverse workplace environment.
Based on the limited information provided in the case, it is not possible to definitively determine the specific diversity barrier that LeasePlan implemented changes to mitigate.
However, LeasePlan's implementation of changes suggests a proactive approach toward fostering diversity and inclusion within the organization.
LeasePlan may have implemented measures to address barriers such as gender inequality, racial or ethnic bias, age discrimination, or other forms of systemic barriers that impede equal opportunities for diverse individuals.
Possible initiatives could include implementing inclusive hiring practices, establishing diversity training programs, creating employee resource groups, promoting diversity in leadership positions, or enhancing workplace policies to ensure fair treatment and equal opportunities for all employees.
To provide a more accurate and comprehensive answer, additional details about the specific changes implemented by LeasePlan and the context of the diversity barriers would be necessary.
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Question 7 of 10
Business health insurance plans are
A. required
B. varied
C. non-existent
D. uniform
so
Discuss the pros and cons of BMWs selective target marketing? What has the firm done well over the years and where could it improve? (20 marks)
Selective target marketing allows BMW to focus on a specific market segment, offering tailored products and services that appeal to its target audience.
This approach has several pros and cons.
Pros:
1. Precise targeting: By focusing on a specific group, BMW can create customized offerings that cater to the unique preferences of its customers, leading to higher satisfaction and brand loyalty.
2. Efficient resource allocation: Concentrating on a specific segment enables BMW to allocate resources efficiently, ensuring better returns on investment.
3. Enhanced brand image: By offering high-quality products and services to a select clientele, BMW has built a strong, premium brand image over the years.
Cons:
1. Limited market reach: Selective targeting may limit BMW's customer base, restricting potential growth.
2. Vulnerability to market fluctuations: Focusing on a single segment makes BMW vulnerable to changes in market dynamics, affecting its overall performance.
3. Increased competition: BMW faces fierce competition within its target segment, as competitors vie for the same customers.
Over the years, BMW has excelled at creating innovative, high-performance vehicles and maintaining a strong brand image. To improve, the firm could explore new market segments, diversify its product range, and adopt a more flexible marketing approach to accommodate the evolving preferences of its target audience.
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Clark Heter is an industrial engineer at Lyons Products. He would like to determine whether there are more units produced on the night shift than on the day shift. The mean number of units produced by a sample of 86 day-shift workers was 361. The mean number of units produced by a sample of 92 night-shift workers was 367. Assume the population standard deviation of the number of units produced is 37 on the day shift and 44 on the night shift.
Using the 0.05 significance level, is the number of units produced on the night shift larger?
a. State the null and alternate hypotheses.
multiple choice 1
H0: μDay ≥ μNight; H1: μDay < μNight
H0: μDay ≥ μNight; H1: μDay > μNight
H0: μDay ≥ μNight; H1: μDay = μNight
b. Compute the test statistic. (Negative values should be indicated by a minus sign. Round your answers to 2 decimal places.)
c. Compute the p-value. (Round your answer to 4 decimal places.)
d. What is your decision regarding the null hypothesis?
multiple choice 2
Reject H0
Do not reject H0
e. Using the 0.05 significance level, is the number of units produced on the night shift larger?
multiple choice 3
Yes
No
1. The null and the alternate hypothesis is H0: μDay ≥ μNight; H1: μDay = μNight
2. the test statistic is -0.99
3. P value is 0.161821.
4. The decision is to reject the null
5. no it is not larger
How to solve for the hypothesisThe null hypothesis is μDay ≥ μNight
The alternative hypothesis is H1: μDay = μNight
How to solve for the test statisticwe have the folloswing details with which we are to solve the questions that we have here
n1 = 86, bar x1 = 361, sd1 = 37
n2 = 92, x bar2 = 367, sd2 = 44
We have to solve for the standard error
\(\sqrt{\frac{37^2}{86} +\frac{44^2}{92} }\)
= √15.92 + 21.04
= √36.96
= 6.079
test statistic z = xbar1 - xbar2 / standard error
= 361 - 367 / 6.079
= -0.9870
The critical value at 0.05 = 1.645
The critical value is greater than the test statistics
the decision would be to reject H0 if z < 1.645
-0.9870 < 1.645
we have to reject the null hypothesis
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5 pose food risk or hazard
Answer:
brainliest plzzzzzz
Explanation:
1. Poultry
If not handled properly, raw and undercooked poultry (i.e. chicken and duck) have an extremely high contamination risk. The most common risks for these types of foods are salmonella and campylobacter bacteria. These bacteria are often present in the raw meat until cooking kills them off. This is why you should always make sure poultry is fully cooked before consumption and that anything the raw meat touches is properly washed and sanitized.
2. Eggs
Salmonella is also an issue with one of the biggest breakfast foods in the world. What is dangerous about the egg is that even a contaminated egg will not look, smell, or taste any different than an uncontaminated egg.
In order to avoid egg contamination, do not consume raw eggs or taste recipes that have raw eggs in them while they are being prepared. We recommend you purchase uncracked eggs and store them in your refrigerator.
3. Dairy Products
Dairy products like milk, cheese, and butter are also susceptible to contamination. Most of these contaminants stem from pesticides that are given to animals to “protect” their milk and meat. Also, you put yourself at risk to E. coli, salmonella, or listeria if you opt to consume raw milk. Always think twice about where your dairy is coming from and how you are storing it in a way that promotes food safety that lives up to the Texas Food Handler Certification standard.
4. Coffee
One surprising food on this list is coffee. Most coffee is cultivated in areas of the world where regulations on chemicals and pesticides are nonexistent. Some of the pesticides used in the growth of coffee are so dangerous that they are illegal to use on American farms.
In order to ensure that your coffee is not a victim of poor agricultural practices, seek out “Fair Trade” coffee for your establishment.
5. Seafood
It should be common sense that all seafoods must be stored properly from catch to preparation. There are many different illnesses that can come from contaminated seafood, depending on the seafood itself. Make sure to properly handle your seafoods and shellfish products to help prevent the spread of histamine or ciguatera poisoning.
Answer:
Dairy products (milk, cream, cheese, yogurt, and products containing them such as cream pies and quiches)
Eggs.
Meat or meat products.
Poultry.
Fish and seafood.
Explanation:
1. Stockholders invest $90,000 cash to start the business.
2. Purchased three digital copy machines for $400,000, paying $118,000 cash and signing a 5-year, 6% note for the remainder.
3. Purchased $5,500 paper supplies on credit.
4. Cash received for photocopy services amounted to $8,400.
5. Paid $500 cash for radio advertising.
6. Paid $800 on account for paper supplies purchased in transaction 3.
7. Dividends of $1,600 were paid to stockholders.
8. Paid $1,200 cash for rent for the current month.
9. Received $2,200 cash advance from a customer for future copying.
10. Billed a customer for $500 for photocopy services completed.
No. Account Titles and Descriptions Debit Credit
1.
2.
3.
4.
5.
Answer:
1. Stockholders invest $90,000 cash to start the business.
Dr Cash 90,000
Cr Common stock 90,000
2. Purchased three digital copy machines for $400,000, paying $118,000 cash and signing a 5-year, 6% note for the remainder.
Dr Copy machines 400,000
Cr Cash 118,000*
Cr Notes payable 282,000
*Where did they get the extra cash from?
3. Purchased $5,500 paper supplies on credit.
Dr Supplies 5,500
Cr Accounts payable 5,500
4. Cash received for photocopy services amounted to $8,400.
Dr Cash 8,400
Cr Service revenue 8,400
5. Paid $500 cash for radio advertising.
Dr Advertising expense 500
Cr Cash 500
6. Paid $800 on account for paper supplies purchased in transaction 3.
Dr Accounts payable 800
Cr Cash 800
7. Dividends of $1,600 were paid to stockholders.
Dr Dividends 1,600
Cr Cash 1,600
8. Paid $1,200 cash for rent for the current month.
Dr Rent expense 1,200
Cr Cash 1,200
9. Received $2,200 cash advance from a customer for future copying.
Dr Cash 2,200
Cr Unearned service revenue 2,200
10. Billed a customer for $500 for photocopy services completed.
Dr Accounts receivable 500
Cr Service revenue 500
If the money supply is $60 billion, the velocity of money is 8, and real gdp is $320 billion, then the price level equals.
The velocity of money (V=PQ/M), a measure of the health of the economy, can be computed as the nominal gross domestic product (GDP) to the money supply.
rises in the money supply while the real GDP and money velocity are fixed?Money supply (M), money velocity (V), price level (P), and real gross domestic product (Y) are all related terms. The nominal GDP is denoted by PY. Inflation will result from an increase in the money supply (M) while keeping output (Y) and velocity (V) constant.
What is the money supply's equation?Money supply is calculated using the formula MS = (MB x MM). By dividing the needed reserve established by the Federal Reserve by 1, the money multiplier, or MB, MM, is calculated.
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10. The directors of KOKO Limited issued 100,000 ordinary shares of no-par value for GH¢10 each payable as follows: on application GH¢3 and on allotment GH¢7. All issued shares were fully subscribed and monies were paid. How much was paid on application? GH 1,000,000 B. GH 300,000 C. GH 400,000 D. GH 700,000
The correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.
The total amount raised from the issuance of 100,000 ordinary shares is calculated by multiplying the number of shares by the issue price per share. In this case, the issue price per share is GH¢10. Therefore, the total amount raised would be 100,000 shares multiplied by GH¢10, which equals GH¢1,000,000. According to the information provided, the amount paid on application iGH¢3 per share. To determine the total amount paid on application, we multiply the amount paid per share by the total number of shares. Therefore, GH¢3 multiplied by 100,000 shares equals GH¢300,000. Therefore, the correct answer is B. GH¢300,000 was paid on application for the 100,000 ordinary shares issued by KOKO Limited.
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As more fax machines are produced, the opportunity cost of producing them
A company's sales in Year 1 were $440,000 and in Year 2 were $477,500. Using Year 1 as the base year, the percent change for Year 2 compared to the base year is
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
What type of market should be considered for these services or products: A spray that combines pain relief and protection for cuts and scrapes
Answer:
Parents and doctors
Explanation:
I assumed you were asking for a specific group instead of age groups, race, locations, etc. But typically, parents and doctors are going to be the best fits. parents need it for their kids and doctors also need it for kids or people with low pain tolerance.
Ill give Brainliest to the one that awnsers
List 3 negative consequences of Chapter 7 and 13 Bankruptcy.
Answer:
As with any legal process, bankruptcy is a complex issue with both positive and negative consequences. Anyone considering filing for bankruptcy should consider all the possible outcomes before taking this step. Whether one is considering a Chapter 7 straight bankruptcy or a Chapter 13 repayment plan case, consulting with a qualified consumer bankruptcy attorney is paramount to ensuring that the process runs smoothly and advantageously.
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run:
a.reduce the level of output its produces
b.increase the level of output it produces
c.neither increase nor decrease the level of output it produces
d.shut down
If a perfectly competitive firm receives a marginal revenue of $10 for its product and the minimum average variable cost is $11, then the firm should, in the short run shut down.
For a perfectly competitive firm, the marginal revenue tends to equal price and as well as the average revenue. So, this implies that the firm's marginal cost curve in its short-run supply curve for values is thus greater than the average variable cost. So, if the price drops below average variable cost, the firm shuts down.
So, a firm's total profit is maximized by the producing the level of output at which marginal revenue for the last unit produced will thus equal its marginal cost, or MR = MC.
Hence, option D is correct.
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Changes in the market environment impact _____
how competitive the marketplace is
how many offerings are available
how many marketing communication channels are used
how consumers behave
Changes in the market environment impact how competitive the marketplace is, how many offerings are available, how many marketing communication channels are used, and how consumers behave.
Aspects of the business landscape are significantly impacted by changes in the market environment. First and foremost, they have an impact on the level of market competition because changes in variables like technology, rules, and consumer preferences can affect how businesses compete with one another.
Changes in the market environment can also have an impact on the variety and range of goods and services that are offered to customers. New technologies and trends have an impact on how businesses communicate with their target audiences through marketing channels. Last but not least changes in the market environment such as those in the economy in social trends and in technological advancements have a significant impact on consumer behavior causing changes in buying patterns and preferences.
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Discuss whether the product costing techniques discussed in this chapter apply equally well to manufacturers and service companies.
The product costing techniques discussed in this chapter can apply differently to manufacturers and service companies.
While both types of organizations need to determine the cost of producing their products or delivering their services, the nature of their products and the way costs are incurred are different. Manufacturers typically produce tangible products that can be physically stored and inventoried. This allows them to use traditional product costing methods, such as process costing and job costing, to accurately determine the cost of production. These techniques involve tracing direct costs, such as materials and labor, to the specific products being produced.
Service companies, on the other hand, typically produce intangible products such as consulting, financial, or legal services.
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The level of analysis for the Industry environment is the _____ level:
Consider the discussion of German 30-year bonds. The graph below illustrates the market for 30-year bonds. The price of the bond is $800 for a $1,000 bond. That means that if you buy a bond today for $800, the government will pay you $1,000 thirty years from now. On the graph, shift the curve to illustrate how the 30-year bonds referred to in the article have a negative interest rate (yield).
If a stock costs $800 and the government automatically pays $1,000 after 30 years, the profit is $200.
The yield rate is what?Bond yield, which can be calculated in a variety of ways, is the return an investor receives on a bond. The annual interest rate set when the bond was issued is known as the coupon rate. The current yield is influenced by both the bond's price and the coupon, or interest payment.
Bond yield is the rate of return on an investor's bond investment.
A bond can be purchased at a discount, which is less than its face value, or at a premium, which is more than that amount.
The bond's coupon rate divided by the market price results in the bond's current yield.
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Which of the following would cause the supply of fast food to increase?
Reduction in the cost of beef
The closing of McDonalds Corp.
Increase in the minimum wage rate
An excise tax of each meal produced
Answer:
Reduction in the cost of beef
Arvilla wonders if she needs to apply for a tax identification (ID) number as a freelance writing consultant. She took the steps to identify an available business name and then registered it in her state. Arvilla has not yet determined if she will use her own social security number or apply online for a free employer identification number (EIN) or tax ID number. What type of business ownership may NOT be required to obtain a tax ID number?
A. Corporation
B. Sole proprietorship
C. Partnership
D. Limited liability company
It may not be necessary for sole proprietorship business owners to obtain a tax ID number.
Which of the following claims concerning sole proprietorships is accurate?Response and justification It is true that a sole proprietorship's owner is personally liable for all of the business' debts. A sole proprietorship enables one person to do business but does not separate the company from the owner.
Does a sole proprietorship have to have it?No, it is not necessary to register as a single proprietor. It is totally up to the individual whether they choose to register their sole proprietorship or not. It is not necessary by law, even if banks could ask for sole proprietorship registration if you wish to open a bank account in your business's name.
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An associate has just spent 30 minutes showing a customer the features of a
handheld computer. The customer says, “I can get this for a lot less over the
Internet. Your prices are outrageous!" Which of these is the associate's most
professional response to the customer's remark? *
purchased goods of rs 40000 journal entries
The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.
How to enter the journal ?The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.
Date Account title Debit Credit
XX -XXXX Purchases Rs. 40, 000
Accounts payable Rs. 40, 000
This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.
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