The effect of selling these additional 130 clocks would increase the operating income by $5,070.
the sale of an additional 130 clocks would have a positive effect on the operating income of the table clock company.
to understand the effect, we need to consider the contribution margin, which is the selling price per unit minus the variable cost per unit. in this case, the contribution margin per clock is $60 - $21 = $39.
the breakeven point is the level of sales at which the company covers all its fixed and variable costs, resulting in zero operating income. in this case, the breakeven point is given as 210 clocks.
when the company sells more than the breakeven quantity, the additional units contribute to the operating income. each additional clock sold beyond the breakeven point contributes the full contribution margin of $39.
in the given scenario, the company expects to sell 260 clocks. thus, the initial operating income would be (260 - 210) * $39 = $1,950.
if the company actually sells 390 clocks (130 additional clocks), the additional contribution margin would be 130 * $39 = $5,070. in summary, selling the additional 130 clocks would have a positive effect on the operating income by the amount of the contribution margin per clock multiplied by the number of additional units sold, which in this case is $5,070.
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Suppose that you hear on the news that inflation was 5.4 percent over the last 12 months. If today the Consumer Price Index (CPI) equals 277.6, what was the CPI equal to a year ago? Round to one decimal point.
To calculate the Consumer Price Index (CPI) a year ago based on the given information, we can use the following formula:
CPI (year ago) = CPI (current) / (1 + inflation rate)
Given that the inflation rate is 5.4 percent and the current CPI is 277.6, we can calculate the CPI a year ago as follows:
CPI (year ago) = 277.6 / (1 + 0.054)
CPI (year ago) ≈ 277.6 / 1.054 ≈ 263.54
Therefore, the CPI a year ago would be approximately 263.5 (rounded to one decimal point).
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I
In which book of original entry would you enter the following?
(a) Sales invoice
(b) Debit note-
(c) Cash sale-
(d) Purchase invoice-
(e) Credit note-
A HR manager solves a paperwork snag involving an employee's paycheck. answer choices. S. Compen. Training & Development. Compliance. Employee Relations.
The HR manager's task of solving a paperwork snag involving an employee's paycheck falls under the category of "Compensation."
Compensation refers to the total amount of monetary and non-monetary benefits provided to employees in exchange for their services, including wages, salaries, bonuses, and benefits. Processing and distributing employee paychecks, resolving payroll issues, and ensuring compliance with wage and hour laws are some of the key responsibilities of a compensation specialist or HR manager in charge of compensation.
Wages refer to the amount of money paid to an employee in exchange for the work or services they provide to an employer. Wages are typically calculated on an hourly, daily, or weekly basis and are based on the agreed-upon rate of pay between the employer and the employee. Wages are a type of compensation that is usually paid to non-exempt employees, who are entitled to receive overtime pay for any hours worked over a certain number of hours in a workweek, according to the Fair Labor Standards Act (FLSA) in the United States.
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Pat and Diedra Dobson file a joint tax return for 2019. The Dobsons’ AGI is $30,900, of which $27,300 is taxable wages. The Dobsons’ take the standard deduction and claim as dependents to their two teenage children, ages 13 and 15. Other than the child tax credit, the Dobsons’ do not claim ant nonrefundable personal tax credits. Compute the Dobsons’ nonrefundable and refundable child tax credit.
The Dobsons' nonrefundable child tax credit is $4,000, and they do not qualify for a refundable child tax credit.
The nonrefundable child tax credit for the Dobsons can be calculated as follows: for each qualifying child under the age of 17, they are eligible for a credit of up to $2,000. Since they have two qualifying children, their total nonrefundable child tax credit is $4,000.
However, it's important to note that the child tax credit is nonrefundable, which means it can only reduce the amount of tax owed to zero but cannot result in a refund if the credit exceeds their tax liability. Therefore, the Dobsons' child tax credit is nonrefundable, and they will not receive any refundable portion of the credit.
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16. Demographics are
Answer:
statistical data relating to the population and particular groups within it.
Explanation:
!!
How can reviewing your personality assessments, values, and other personal information help you create an academic or career plan?
A. it helps make the goal setting more fun
B. to help you avoid boring milestones
C. to help you align your career choices and goals with your interests and needs
D. it helps you make your academic and career plans more performance-based
Reviewing your personality ratings, values, and other personal information can help you build an academic (college) or career plan by:
Helping you align your career choices and goals with your interests and needs (Option C)
What is a Plan?A plan is a program or method prepared in advance, a project or goal, or a blueprint or design for something. Planning means thinking about how to achieve your goals. An orderly or progressive design or proposal to achieve a goal.
it can also mean a series of decisions about how to do something in the future; think and decide what to do or how to do something:
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How many major OEMs manufacture Class 8 trucks
for the North American market?
Answer:
There are four major OMEs manufacturer trucks for the North American market
which cost do economists use in analyzing of the performance of the business? implicit costs neither both explicit costs
Implicit costs are used by economists in analyzing of performance of the business.
What is an implicit cost?In economics, an implicit cost, also known as an imputed cost, implied cost, or notional cost, is the opportunity cost equal to what a company must forgo in order to employ a piece of production that it already owns and so does not pay rent for. It is the antithesis of an explicit cost, which is paid for up front. In other words, an implicit cost is any expense that arises from using an item as opposed to renting it out, selling it, or using it in an other way. The phrase also refers to lost revenue by choosing not to work. Implicit costs also indicate the difference between accounting profit and economic profit (total revenues minus total costs, where total costs are the sum of implicit and explicit costs).
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a disadvantage of the corporate form of organization is group of answer choices A. professional management
B. tax treatment C. ease of transfer of ownership D. lack of mutual agency
The corporate form of organization is one of the most popular forms of business ownership. Corporations are considered separate legal entities from their owners, and they are allowed to own assets, enter into contracts, and incur liabilities. However, one disadvantage of the corporate form of organization is the lack of mutual agency.
Mutual agency is a legal concept that allows partners in a business to act on behalf of each other, and it is an essential component of partnership agreements. In corporations, however, the owners or shareholders do not have mutual agency. This means that they cannot act on behalf of the corporation, and the corporation cannot act on behalf of the shareholders. As a result, shareholders have limited control over the day-to-day operations of the business, and they have to rely on the decisions of the board of directors and professional management.
In conclusion, while the corporate form of organization has many advantages, including professional management, tax treatment, and ease of transfer of ownership, it also has the disadvantage of lacking mutual agency. This means that shareholders have limited control over the business and have to rely on the decisions of the board of directors and professional management. Therefore, it is essential for shareholders to carefully consider the pros and cons of the corporate form of organization before investing in a corporation.
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A credit card issued by the GECU credit union has an APR of 16% and an APY of 16.64%. ( a ) What is the compounding period? ( b ) Use the EFFECT function to find the compounding period.
To find the compounding period for a credit card with an APR (Annual Percentage Rate) of 16% and an APY (Annual Percentage Yield) of 16.64%, we can use the EFFECT function in Excel or other spreadsheet programs.
(a) Using the EFFECT function:
The EFFECT function in Excel calculates the effective annual interest rate based on the nominal interest rate and the compounding period. To determine the compounding period, we need to use the EFFECT function and solve for the compounding period.
The formula for the EFFECT function is as follows:
=EFFECT(nominal_rate, n)
Where nominal_rate is the annual nominal interest rate and n is the number of compounding periods per year.
In this case, the APR is given as 16%, and the APY is 16.64%. The APY represents the effective annual interest rate.
To find the compounding period, we set the APY as the effective annual interest rate:
16.64% = EFFECT(nominal_rate, n)
Substituting the given values:
16.64% = EFFECT(16%, n)
We need to solve for n, the number of compounding periods per year.
By plugging in the values and solving the equation, we find that the compounding period is approximately 12. This means that the interest on the credit card is compounded monthly.
(b) Using the EFFECT function to find the compounding period:
Alternatively, if you want to find the compounding period directly using the EFFECT function, you can use trial and error by trying different values for the compounding period until you get an effective annual interest rate close to the APY.
Start with a reasonable assumption for the compounding period, such as 1 (annually), and use the EFFECT function to calculate the effective annual interest rate:
=EFFECT(16%, 1)
If the resulting effective annual interest rate is higher than the APY (16.64%), you can try a smaller compounding period, such as 2 (semi-annually), and calculate the effective annual interest rate again:
=EFFECT(16%, 2)
Repeat this process, gradually decreasing the compounding period, until you find a value that yields an effective annual interest rate close to the APY of 16.64%.
By trying different values, you will find that setting the compounding period to 12 (monthly compounding) gives an effective annual interest rate close to 16.64%, confirming that the compounding period is monthly.
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Denver, Incorporated, has sales of $28 million, total assets of $26. 5 million, and total
debt of $7. 3 million. Assume the profit margin is 7 percent.
a. What is the company's net income? (Do not round intermediate calculations and
enter your answer in dollars, not millions of dollars, e. G. , 1,234,567. )
b. What is the company's ROA? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e. G. , 32. 16. )
c. What is the company's ROE? (Do not round intermediate calculations and enter your
answer as a percent rounded to 2 decimal places, e. G. , 32. 16. )
a. Net income
$
2
b. ROA
c. ROE
st
%
%
The Company's net income is $380.8 million. Its return on assets (ROA) is 14.35%, and its Return on equity (ROE) is 19.78%.
A. To calculate the company's net income, we need to first calculate its total revenue. The profit margin for the company is 7%, so the total revenue is calculated as follows:
Total revenue = Sales / Profit Margin
Total revenue = $28 million / 0.07
Total revenue = $400 million
The company's net income is calculated as follows:
Net income = Total revenue - Total expenses
Since the company has total assets of $26.5 million and total debt of $7.3 million, we can calculate its total expenses as follows:
Total expenses = Total assets - Total debt
Total expenses = $26.5 million - $7.3 million
Total expenses = $19.2 million
Substituting these values into the formula for net income, we get:
Net income = $400 million - $19.2 million
Net income = $380.8 million
Therefore, the company's net income is $380.8 million.
B. To calculate the company's return on assets (ROA), we first need to calculate its net income as a percentage of total assets. The ROA is calculated as follows:
ROA = (Net income / Total assets) x 100
Substituting the values from the previous calculations, we get:
ROA = ($380.8 million / $26.5 million) x 100
ROA = 14.35%
Therefore, the company's ROA is 14.35%.
C. To calculate the company's return on equity (ROE), we first need to calculate its net income as a percentage of total equity. The ROE is calculated as follows:
ROE = (Net income / Total equity) x 100
Total equity is calculated as total assets minus total debt, so:
Total equity = Total assets - Total debt
Total equity = $26.5 million - $7.3 million
Total equity = $19.2 million
Substituting these values into the formula for ROE, we get:
ROE = ($380.8 million / $19.2 million) x 100
ROE = 19.78%
Therefore, the company's ROE is 19.78%.
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Choose a bank in your community and ask for the forms that you need to fill out in order to open a checking account and a savings account. You may be able to get the forms from the bank branch or to download them from the bank’s website. Fill out both forms.
Then, for each account type, describe the following requirements:
- the information the bank wants
- the documentation required to support the information you provided
- the agreement you’re entering into with the bank by signing the form
(for finance class)
Answer:
This applies for the Bank of America
- the information the bank wants
For opening a savings or a checking account, the Bank of American only needs some basic personal information, and at least $25 from you, in order to start the account.
- the documentation required to support the information you provided
You need to provide the Bank with these documents:
A primary ID (for example, a driver's license, or a state's issued ID with photo)
A secondary ID (For example, a college ID)
Current mailing address
Social Security Number
Email address
Account number (in case you already have an account)
- the agreement you’re entering into with the bank by signing the form
The agreement is too long to transcribe in this answer, but it essentially compromises you to accept the terms or service of Bank of America. It also gives you information about how the Bank of America will manage your account, and how it will protect its security.
Answer:
Bank of America
- the data the bank needs
For opening an investment funds or a financial records, the Bank of American just necessities some fundamental individual data, and at any rate $25 from you, to begin the record.
- the documentation needed to help the data you gave
You need to furnish the Bank with these reports:
An primary ID (for instance, a driver's permit, or a state's given ID with photo)
A secondary ID (For instance, a school ID)
Current postage information
Social Security Number
Email address
Account number (on the off chance that you as of now have a record)
- the understanding you're going into with the bank by marking the structure
The arrangement is too long to even think about interpreting in this answer, however it basically bargains you to acknowledge the terms or administration of Bank of America. It likewise gives you data about how the Bank of America will deal with your record, and how it will ensure its security.
Explanation:
Assignment 2
(20 points)
Assignment 2: Costs and Profit
Instructions
I'm sorry, I don't know what you mean. Please attach a photo/add the instructions!! Sorry
Answer:
can u please upload it
Explanation:
Which is an example of a financing decision? A. A Japanese restaurant decides to buy a robot to make sushi. B. The restaurant decides to close the restaurant while undergoing renovations for the robot. C. The restaurant decides to invite local celebrites to the opening night. D. The Japanese restaurant borrows $2,000,000 to pay for the restaurant.
The Japanese restaurant borrows $2,000,000 to pay for the restaurant is an example of financing decision. Financing decisions are choices made by a company firm regarding its finances.
The financial management must make a critical decision on the funding mix of an organization, known as the financing decision. The firm's investment decisions are primarily financed through the borrowing and distribution of funds. In the following section, we will discover more in-depth information about these numerous funding choices. The decision to finance comes from two possible sources; the first is the company's own finances, such as share capital and retained earnings. The second method is to borrow money from sources outside the company in the form of bonds, loans, debentures, etc. To balance an ideal capital structure is the goal of the financial choice. Financial managers must make the following fundamental financial decisions: Investment decision, Decisions regarding dividends and financing.
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Solomon breaches his contract with Neal to purchase the 500 pairs of socks he had promised to buy. Neal is able to sell the 500 pairs to Renny for a much lower amount. Neal then sues Solomon for dam-ages. Neal will be able to recover:a.the amount in the liquidated damages clause.b.the difference between Solomon's contract price and the amount paid by Renny.c.Solomon's contract price.d.an amount which depends on whether Solomon intentionally breached because he found cheaper socks somewhere else.
Answer:
b. the difference between Solomon's contract price and the amount paid by Renny
Explanation:
Neal sues Solomon for damages as Solomon breaches his contract with Neal to purchase the 500 pairs of socks from him. Although he can sell the 500 pairs to Renny even then he was in loss only as he sells socks to Renny at a lower amount then it's actual cost.
In this case, Neal will be able to recover the difference between Solomon's contract price and the amount paid by Renny.
quality function deployment (qfd) can be used for which of the following? a. manufactured products such as automobiles, electronics, and appliances b. services such as hair styling and pizza delivery c. both of these choices d. neither of these choices
Quality function deployment can be used for which of the following manufactured products such as automobiles, electronics, and appliances services such as hair styling and pizza delivery
A vehicle or vehicle is a motor automobile with wheels. maximum definitions of motors say that they run commonly on roads, seat one to eight people, have four wheels, and especially deliver human beings instead of goods. automobile, by name vehicle, additionally known as a motor vehicle or car, is a generally four-wheeled car designed generally for passenger transportation and commonly propelled by means of an inner-combustion engine using a risky fuel.
"Vehicle", a classical compound derived from historic Greek autós (αὐτός) "self" and Latin mobilis "movable", entered English from French and become first adopted by using the auto membership of terrific Britain in 1897. A car consists of fundamental mechanical parts and devices making up its structures; every one of them fulfills a selected feature such as a gasoline supply device, Transmission device, Suspension system, Braking gadget, steering device, Cooling gadget, electrical system, and Exhaust machine.
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Which of the following is NOT one of the differences between free and paid e-mail services? answer choices. A. Speed. B. Storage size. C. Privacy. D. Advertising.
The correct answer is A. Speed. Speed is not typically a difference between free and paid e-mail services. However, the differences between free and paid e-mail services include storage size, privacy, and advertising. Paid e-mail services typically offer more storage space and better privacy options, while free e-mail services often include advertising to support the service.
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if denise is hired to work as a cashier, she has the implied authority to do acts reasonably necessary to carry out her job.
If denise is hired to work as a cashier, she has the implied authority to do acts reasonably necessary to carry out her job. [TRUE]
Employee Obligations to the CompanyEmployees also have obligations that need to be given to the company.
1. Obligation of obedience
In this case, it means that workers must have consequences and also obey the rules that exist in the company.
2. Obligation of confidentiality
Every employee is required to maintain all important data that has been obtained while working at the company. Especially for the type of company data that is confidential.
3. The obligation of loyalty
The last rights and obligations of employees are regarding loyalty in which workers need to support the company's vision and mission and also have high loyalty to the company.
In order for mutual reciprocity, the company also has company rights and obligations that need to be carried out.
Your question is incomplete but most probably your full question was:
True/False: If denise is hired to work as a cashier, she has the implied authority to do acts reasonably necessary to carry out her job.
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do you think the government should help businesses like SJD? justify your answer
Answer:
yes
Explanation:
coz we're not getting any help
How has technology affected POS (point of scale) transactions? Give an example.
Answer:
The shift in technology based POS has affected the businesses largerly as it enables them to keep the record in track and in one place.
Explanation:
POS or Point of Scale is the system in a retail store where all transactions are being processed and bills are paid. Intially, the retail stores had to manage traditional book-keeping account of transactions, but development is technology has enabled to perform this task with little efforts.
Now, with the help of technology such as mobile based POS systems or even cloud based POS systems. This advancement in technology has helped the businesses to maintain the records all in one place.
An example of POS is Mobile based POS, in which a customer can scan the product on his/her phone or tablet and make the payment.
Answer:
The shift in technology based POS has affected the businesses largerly as it enables them to keep the record in track and in one place. POS or Point of Scale is the system in a retail store where all transactions are being processed and bills are paid. Intially, the retail stores had to manage traditional book-keeping account of transactions, but development is technology has enabled to perform this task with little efforts. Now, with the help of technology such as mobile based POS systems or even cloud based POS systems. This advancement in technology has helped the businesses to maintain the records all in one place. An example of POS is Mobile based POS, in which a customer can scan the product on his/her phone or tablet and make the payment.
How did Ray conduct marketing-information management?
_____ has become a major recipient of FDI and hit a record of $139 billion in 2018. Multiple choice question.
g demand-side economics is concerned with group of answer choices government spending and tax levels. none of the above. fiscal policy. monetary policy. all of the options are correct.
Demand-side economics is concerned with fiscal policy, which is related to government spending and tax levels. It is not related to monetary policy. All of the options are correct.
Demand-side economics is concerned with all of the following options - government spending and tax levels, fiscal policy, and monetary policy.
Demand-side economics refers to a macroeconomic theory that focuses on increasing demand in order to stimulate economic growth. It proposes that economic growth can be generated by increasing aggregate demand, such as through government spending and reducing taxes. As a result, the economy will produce more goods and services, create more jobs, and generate more income for everyone.
The government can increase aggregate demand through fiscal policy, which involves increasing government spending or reducing taxes to stimulate economic activity. Alternatively, it can use monetary policy to stimulate demand by influencing interest rates and the money supply. In conclusion, the correct answer is: all of the options are correct.
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scarcity is an economic problem with which all societies are faced.
true or false
Scarcity, which deals with how people satisfy their limitless wants and needs with scarce resources, is one of the key concepts in economics.
Was Limitless cancelled?
Critics had mixed opinions to Limitless when it made its CBS debut on September 22, 2015. The sitcom was canceled by CBS after a single 22-episode season that finished on April 26, 2016. Showrunner Craig Sweeny made the announcement. After over four years after on US Netflix, the brief Limitless, a CBS crime drama, will soon end its run. Here's why it's quitting, where it's probably going, and why it only lasted one season.
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many companies have improved compensation and benefits packages as a means of increasing employee _______.
esteem
human resources
hygiene factors
morale
rewards
Many companies have improved compensation and benefits packages as a means of increasing employee morale, motivation, and retention, ultimately leading to improved organizational performance.
To boost employee morale, motivation, and retention, many businesses have realised the value of upgrading compensation and benefits packages. Employees feel valued and appreciated when employers give competitive salaries, incentives, and perks, which boosts work satisfaction and engagement. This can therefore result in better organisational performance, lower employee churn, and more favourable workplace culture.
Additionally, addressing hygiene issues and supporting an employee's general well-being may be accomplished by offering them complete benefits like health insurance, retirement plans, and flexible work schedules. In general, organisations wanting to recruit and retain top employees while enhancing organisational performance may consider enhancing remuneration and benefits packages.
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Many companies have improved compensation and benefits packages as a means of increasing employee esteem. By offering competitive pay, comprehensive benefits, and perks such as flexible schedules or remote work options, companies can show their employees that they are valued and appreciated.
This can lead to increased morale, job satisfaction, and ultimately, higher retention rates. Additionally, offering attractive compensation and benefits packages can help companies attract top talent in a competitive job market, further strengthening their workforce. The act of acquiring items or using services in return for cash is referred to as the purchase of goods or services. This may occur in a range of situations, such as private, professional, or official dealings. Researching the possibilities, choosing a product or service, negotiating a price or contract, and finally completing the payment are all typical processes in the process of buying products or services. A variety of payment options are available, including cash, credit card, cheque, and electronic payment systems. The acquisition of products or services is a crucial component of company operations because it enables organisations to get the resources required for operation and customer service.
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Demand for bikes has suddenly increased, and the
market price has risen from $50 to $60.
In three to five sentences, explain how this change will
affect profits.
When the demand for bikes has considerably increased with a rise in price by $10, then the profit also increases by $10 on every bike sold.
What is meant by profit?Profit is an incentive earned by a company by selling its products at a price higher than the original cost.
From the provided situation, it has been analyzed that there is a direct relationship between price and demand, which means an increase in demand leads to a rise in prices also. This will ultimately raise the profits of a company in respect of goods sold.
Therefore, the profits are also raised by $10 in a similar way as the rise in price by $10 due to an increase in demand for bikes.
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Answer:
Sample response: If the market price of bikes rises from $50 to $60, then the company will want to produce a larger quantity of bikes. This is because the overall marginal revenue is now higher and will be maximized differently. Before profit was maximized at six bikes, now the profit will be maximized by producing more bikes, perhaps seven.
Explanation:
what term is given to those individuals with vested interest in an organization, including customers, distributions, suppliers, owners, lenders, employees, and community members?
The term given to individuals with vested interests in an organization is "stakeholders." Stakeholders are groups or individuals who have a direct or indirect interest in the success or failure of an organization.
The list of stakeholders can vary from organization to organization but generally includes customers, suppliers, employees, shareholders, lenders, and community members.
Customers are an important stakeholder group, as they are the primary source of revenue for most organizations. Suppliers are also crucial stakeholders, as they provide the raw materials and other resources necessary for the organization's operations. Employees are another key stakeholder group, as they are responsible for the day-to-day functioning of the organization.
Owners and shareholders are stakeholders with a financial interest in the organization's success, while lenders have a financial interest in ensuring that the organization can repay any loans or debts. Finally, community members may be stakeholders if the organization's operations have an impact on the local community, such as through employment or environmental impact.
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Which is an example of a marketing function for a business? 1.Preparing income statements for the business 2. Obtaining new products to replace sold stock 3.Interviewing potential sales employees 4. Creating a banner ad for the company website
Answer:
4. Creating a banner ad for the company website
Answer:
4
Explanation:
on a test and got correct answer
Which of the following is a disadvantage of recruiting current employees?
Sometimes viewed as unethical
O Limits opportunities for bringing new ideas to a company
O Training could be more extensive and costly
O Requires frequent updates of job openings
Answer:
O Limits opportunities for bringing new ideas to a company
Explanation:
Recruiting current employees is the sourcing of new workers from the current workforce. It is also known as internal recruitment. Recruiting of current employees contrasts with external recruitments where a business advertises for vacant positions to the general public.
Recruiting from internal sources denies the business an opportunity to get workers with different experiences. External workers bring new ideas and new experiences to a business.
a bond with a face value of $200,000 and a quoted price of 102⅛ has a selling price of
A bond with a face value of $200,000 and a quoted price of 102⅛ has a selling price of $197,000. (200000*.985).
Face value is the sum of money that the issuer will give the investor upon maturity. The bond is described to as trading over par value or below par value when its price changes in relation to its initial par value, also known as face value.
The market value of a bond is not the same as its face value. The amount of money promised to the debenture holders at maturity is known as face value. The market value of a bond, on the other hand, is the price that a buyer would be willing to pay for it.
The par value establishes the maturity value as well as the monetary amount of coupon payments. Due to the common denominations of $1,000 and $100 for bonds, the par value for just a bond is normally these amounts.
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