The Sales budget for the 2 quarters ending June 30, 2022
Product Units Selling Price Total Sales
XQ-103:
Quarter 1 20,000 $15 $300,000
Quarter 2 22,000 $15 $330,000
6 Months 42,000 $15 $630,000
XQ-104:
Quarter 1 12,000 $25 $300,000
Quarter 2 15,000 $25 $375,000
6 Months 27,000 $25 $675,000
Total 69,000 $1,305,000
A sales budget is a financial plan for the estimated sales of a company for a specific period of time. It is typically used to plan for and track the progress of a business’s sales activities. The sales budget helps a company to identify potential areas of growth and areas where additional resources may be needed.
To know more about sales budget here
https://brainly.com/question/13237645
#SPJ4
suppose thtat cheddar head hat company is a perfectly competitive firm that produces cheese hats for green bay packers fans. chhc's short run cost cureves are ilustrated below. total fixed costs are 960
A wonderfully competitive firm is called a rate taker because the stress of competing firms forces them to just accept the triumphing equilibrium rate within the marketplace.
A competitive company is a firm in a marketplace wherein: (1) there are many customers and lots of sellers inside the marketplace; (2) the products supplied by means of the diverse sellers are largely identical; and (3) generally companies can freely enter or exit the market. 2. determine 2 shows the value curves for an average firm.
The level of competition that exists within the market is dependent on a spread of factors both on the firm/ supplier side; the variety of firms, limitations to entry, statistics, and availability/ accessibility of assets.
As the objective of each flawlessly aggressive company, they pick out each in their output ranges to maximize their income. the key aim for a wonderfully aggressive firm in maximizing its earnings is to calculate the optimal stage of output at which its Marginal fee (MC) = market fee (P).
Learn more about the competitive firm here
https://brainly.com/question/25717627
#SPJ4
your demand for labor Your landscaping company uses labor and shovels. The price of shovels falls, and this because labor and shovels are O raises; substitutes O raises; complements O lowers: complements O lowers; substitutes
Your landscaping company uses labor and shovels. The price of shovels falls, and this raises your demand for labor because labor and shovels are complements.
What is a demand?Demand is an economic concept that refers to a consumer's desire to buy goods and services as well as their willingness to pay a certain price for them. When the price of a good or service rises, the quantity demanded falls. Similarly, lowering the price of a good or service raises the quantity demanded.
When two goods are complementary, which means that a product or service that provides value to another product or service, the demand for those goods is also related to the price of one another. They experience joint demand - the demand of one good is linked to the demand for another good.
Therefore, the fall in price of shovels, increases the demand for labor as labor and shovel are complementary goods.
To learn more about demand, click here:
https://brainly.com/question/10489478
#SPJ1
best buy's geek squad assists in the sales process by answering customers' technical questions. this is an example of ____
The best buy Geek team assists in the sales process by responding to technical consumer questions. This is an example of direct marketing.
What is direct marketing?Direct marketing is a marketing technique by communicating directly with consumers, both new and potential customers, without going through third-party intermediaries, such as the media or advertisements. Direct communication here means introducing or selling a product or service.
The purpose of direct marketing is to market products (goods and services) to consumers directly to obtain and increase purchases from consumers.
Types of direct marketing, namely:
TelemarketingEmail marketingsocial media marketingdigital marketingcontent marketingcatalog marketingLearn more about direct marketing benefits here :
https://brainly.com/question/29561517
#SPJ4
which of the following transactions/events commonly give rise to cash inflows for business entities? (select all that apply.)
Which of the following transactions or events commonly give rise to cash inflows for business entities? so the answer is fire insurance is purchased and employees are paid.
What is fire insurance?Fire insurance is a term used to describe a type of property insurance that covers damage caused by fire. Most insurance policies come with some form of fire protection, but homeowners may want to purchase additional coverage in case their property is lost or damaged beyond the limits set by their property insurance policy. Fire insurance, protection against damage caused by fire, lightning strikes, and removal of property from fire-hazardous rooms. The insurer undertakes to compensate the insured for the commission in such cases. Fire insurance is a type of property insurance that compensates for damage caused by fire to a house or business establishment.
Learn more about fire insurance: https://brainly.com/question/28520273
#SPJ4
what is the future of national brands at department stores? will these increase, decrease or remain the same? (just answer and type in one of these three options)
Option 2 is Correct. National brands will become less prevalent in department stores in the future.
Reconfiguring stores, embracing ecosystems and the experience economy, and getting ready for Web3 and the metaverse are all aspects of the future of retail. Online shopping will be widely used in retail in the future. The top suppliers will build relationships with consumers directly, eliminating the need for merchants to act as the customer's entry point.
Sears-approach Roebuck's of acquiring and building its own brands contributed to its rise (Craftsman, Kenmore, etc.) Although technology will play a significant role in the future of retail, physical stores will still exist. Even if customers don't make in-store purchases, they will still enjoy in-person experiences with brands.
Learn more about national brands visit: brainly.com/question/6813013
#SPJ4
Correct Question:
what is the future of national brands at department stores?
1. will these increase, 2. decrease or 3. remain the same? (just answer and type in one of these three options)
during 2022, luling township engaged in the following transactions related to modernizing the bridge over the luling river. the township accounts for long-term construction projects in a capital project fund. on 7/1/22, it issued ten-year, 4% bonds with a face value of $1 million. the bonds were sold for $1,016,510, an amount that provides an annual yield of 3.8%. the city incurred $10,000 in issue costs. the premium was transferred to the appropriate account, net of the issue costs. it transferred $20,000 from the general fund to an appropriate fund to cover the first payment of the bond interest which is due, on december 31. the nonreciprocal transfer-in to its debt service fund is? $16,510 $6,510 $0 $26,510
To pay for the December 31st due first installment of the bond interest. To its debt service fund, a nonreciprocal transfer of $6,510 has been made.
What is a bond?Bonds are a type of capital-raising tool used by both governments and enterprises. You are in fact making a loan to the issuer when you buy a bond. In return, they promise to pay you the bond's interest on a regular basis—typically twice a year—and to repay the loan's face value to you on a specific date.
Bonds: sensible investment or not?A considerable increase in bond yields has given investors the opportunity to earn a respectable income. Inflation is anticipated to be approximately 3.5% by the end of 2023, and 10-year U.S. Treasury bonds will be a good investment. are currently earning more than that. Therefore, their adjusted for inflation, or "real," yield, may become positive.
To know more about Bonds visit:
https://brainly.com/question/17405470
#SPJ4
book value is computed by taking: multiple select question. minus asset plus asset plus accumulated depreciation minus accumulated depreciation
Book value is computed by taking: total assets minus its total liabilities.
How is book value determined?A company's entire assets less its total liabilities equals its book value. In yearly and quarterly reports, the balance sheet of the corporation shows the total assets and total liabilities.
All financial assets, including cash, short-term investments, and accounts receivable, are included in total assets. Total assets also include tangible assets like stock, property, plant, and machinery.
Brand names and intellectual property are examples of intangible assets that, if they exist on financial statements, may be included in total assets. Deferred taxes, accounts payable, and other factors like loan obligations are included in total liabilities.
To know more about depreciation, refer:
https://brainly.com/question/15085226
#SPJ4
Using The Expanded Accounting Equation, Solve For The Missing Amount. Assets Liabilities Common Stock Dividends Revenues... begin by selecting the formula for the expanded accounting equation. then enter the amounts to solve for the missing amount.
Assets = Liabilities + Common Stock -Dividends + Revenues - Expenses
71,288 = $2,260 + $59,038 - $14,420 + $53,085 - $28,675
An asset is any resource owned or controlled by a business or economic entity in financial accounting. It is anything that has the potential to generate positive economic value. Assets are ownership values that can be converted into cash.
Physical assets include machinery, property, raw materials, and inventory, as well as intangible assets such as patents, royalties, and other intellectual property. An asset is a resource with monetary value that an individual, corporation, or country owns or controls with the expectation of future benefit. A company's assets are reported on its balance sheet. They are divided into four categories: current, fixed, financial, and intangible.
To learn more about Assets, here
https://brainly.com/question/15038863
#SPJ4
The field that studies how people make decisions regarding the allocation of resources over time and the handling of risk is_________________.
Question 17 options:
a)finance.
b)investment.
c)macroeconomics.
d)microeconomics.
Finance is the field that investigates how individuals choose how to distribute resources over time and manage risk.
Money, money-related tools, and capital assets are all studied and used in finance. It is a branch of the study of economics, which examines how assets, money, goods, and services are acquired, transferred, and used. But the two fields are distinct from one another. In order to broadly categorise the field of finance into three categories—personal, corporate, and public—financial systems are used to support a number of financial activities. A financial system involves the buying, selling, or trading of assets such as cash, loans, bonds, shares, stocks, options, futures, etc. In order to boost value and lower loss, assets can also be banked, insured, and invested in. Every financial transaction and organisation, in actuality, carries some level of risk. Due to the magnitude of the industry, finance has many different subfields.
learn more about finance here
https://brainly.com/question/10024737
#SPJ4
FILL IN THE BLANK a restaurant wants to open a second location, but it doesn't have the necessary money to do so. however, it is able to borrow money from a _______ to open the new facility. group of answer choices creditor wholesaler borrower debtor
A restaurant wishes to open an additional location, and it is able to do so by borrowing money from a creditor.
Who is an illustration of a creditor?A financial organization with a claim to repayment, like a bank and credit card company, is referred to as a real creditor. Individual debtors: These are people you owe money to—friends or family. Debtors are included as assets on the balance sheet of the organization, whereas creditors are listed as liabilities.
What categories of creditors exist?Secured and unsecured creditors can also be broadly split into two groups. In order to guarantee final repayment of debt owed to him, a lien holder has a protection or charge over a portion or the entire debtor's assets.
To know more about creditor visit:
https://brainly.com/question/22912208
#SPJ4
What are your employer's responsibilities with regard to keeping you safe at work? (Pick all that
apply)
O
To provide adequate first aid and fire prevention facilities
To make the workplace safe - carry out risk assessments to inform you of
potential hazards
To ensure safe practices and policies are set up, implemented and followed
To ensure equipment is safe to use and training has taken place
Your employer's responsibilities as regards keeping you safe at work include:
To provide adequate first aid and fire prevention facilitiesTo make the workplace safe - carry out risk assessments to inform you of potential hazardsTo ensure safe practices and policies are set up, implemented and followedTo ensure equipment is safe to use and training has taken placeHow are employers to keep employees safe at work ?Employers are accountable for the health and safety of all people who enter their property, including customers, suppliers, and members of the public. In addition to these obligations, there are laws for specific risks and for sectors where risks are particularly significant.
According to health and safety regulations, employers are required to evaluate workplace dangers. This entails identifying workplace activities that may result in disease or injury and taking steps to reduce the risk, or, if this is not possible, eliminate the hazard.
Additionally, they must have sufficient facilities for first aid and fire protection. Conduct risk assessments to alert you to potential hazards in the workplace. ensuring that the tools are secure to use and that training has been completed
Find out more on employer responsibilities at https://brainly.com/question/23709619
#SPJ1
identify one control that can be used to mitigate the threat of under-production. group of answer choices analysis of warranty and repair costs insurance production planning systems encryption
Production planning systems are one control that can be utilized to moderate the danger of under-creation.
Give a brief account of factors of production.
Land, work, business venture, and capital are instances of components of creation, which are the materials expected to make a decent administration. The most extravagant individuals in the general public are oftentimes the people who own the key creation powers.
Early political financial experts like Adam Smith, David Ricardo, and Karl Marx were quick to perceive land, work, and capital as the three primary parts of creation. The two basic contributions for cycle income still today are capital and work. Various records, including the ISM fabricating list, can be utilized to screen creation, like assembling.
Learn more about threat of under-production:
https://brainly.com/question/29801101
#SPJ4
level 4: gains from trade with absolute advantage having determined that you should specialize in fishing, find a trade that will make you and friday better off. recall that friday produces 350 calories of fish per hour or 3.5 logs of firewood per hour and to survive, he needs 7 logs and 3500 calories of fish. while you produce 500 calories or 4 logs per hour and to survive you must collect 32 logs and 2000 calories of fish.
Trading, as opposed to investing, which denotes a buy-and-hold strategy, is the act of purchasing and selling financial instruments including stocks, bonds, currencies, and commodities.
My opportunity cost for a single wood log is 500/4, which equals 125 calories from fish.The opportunity cost of a single wood log on Friday is 350/3.5, or 100 calories of fish.As a result, the standard exchange is one wood log for (any value between 100 and 125) calories of fish.Let's assume the number is 120.I create 6000 calories worth of fish in a day. 42 logs are produced on Friday.I must gather 32 logs and store 2000 calories' worth of fish.I would exchange one wood log for 120 calories of fish under my hypothetical trade price.To gather the 32 logs, I should consume 120 x 32 = 3840 calories of fish, leaving me with 2160 calories left over—more than I need to survive.My opportunity cost for a single wood log is 500/4, which equals 125 calories from fish.The opportunity cost of a single wood log on Friday is 350/3.5, or 100 calories of fish.As a result, the standard exchange is one wood log for (any value between 100 and 125) calories of fish.Let's assume the number is 120.I create 6000 calories worth of fish in a day. This coming Friday, 42 logAs a result of receiving 3840 calories from me—more than his requirement of 3500—and having a balance of 42-32 logs—more than his requirement of 7 logs—Friday also survives the night.We both get through the evening.To know more about Trading here
https://brainly.com/question/25818989
#SPJ4
the rights the founders believed were essential to maintaining a representative democracy included all of the following except .
The rights the founders believed were essential to maintaining a representative democracy included all of the following except: establishment of religion.
Congress shall make no law respecting an establishment of religion, or disallowing the free exercise thereof; or abridging the ability to speak freely, or of the press; or the right individuals peaceably to assemble, and to request of the Public authority for a redress of grievances.
The Establishment Clause of the First Amendment prohibits the public authority from encouraging or advancing ("establishing") religion in any capacity. That's the reason we don't have an official religion in the United States. This means that the public authority may not give financial support to any religion.
establishment of religion include:
Distinct legal existence.
Perceived belief and type of worship.
Positive and distinct ecclesiastical government.
Formal code of teaching and discipline.
Distinct religious history.
Membership not associated with any other church or denomination.
Organization of ordained ministers.
to know more about first amendment click here:
https://brainly.com/question/9194486
#SPJ4
suppose that a violent earthquake causes the uninhabited hawaiian island of mokuauia (also called goat island) to fall into the pacific ocean. no people are killed or injured, and since the island is undeveloped, no buildings are destroyed. the island was a source of tourist income for hawaiian landowners. which of the following statements correctly describes the rents earned by the people who own land on the surrounding islands?
As the stock of vacation land declines, the marginal product of labor of the remaining land rises, causing rents to rise.
What exactly do rents mean?
A fixed regular intervals return made to the owner by a renter or inmate of property for possession and use. A fixed sum paid by a renter to the landlord at regular intervals.
What is the significance of renting?
Renters, unlike homeowners, have no maintenance or repair costs, and they do not have to pay taxes. Homeowners must pay for the installation and upkeep of amenities that really are pretty much free for renters. Rising demand for housing, combined with dwindling supply, has resulted in higher prices.
To know more about Rent visit:
https://brainly.com/question/26268428
#SPJ4
in terms of product modification when selling worldwide, industrial products typically require____than do consumer products.
In terms of product modification when selling worldwide, industrial products typically require greater adaptation than do consumer products.
All improved, modified or original products are classified as New Products. The product is improved when loopholes are found in it, when flaws are created. They are called to All improved, modified or original products are classified as New Products. The product is improved when loopholes are found in it, when flaws are created. They are called to repair. This solution helps the manufacturer to reintroduce their product from scratch, this product is now classified in a new product category.
The same editing process takes place and evolves into a completely new brand or product advertisement, and we know that if a product has not found the error again, that product is indeed a new product, so all the corresponding categories are called. New Products.
For more questions related to product and classification visit the link below
https://brainly.com/question/28255912
#SPJ4
A company that promotes its products as being environmentally-friendly, but then uses excessive amounts of non-recyclable material to package its products, doesn't understand how packaging serves to ____________ a firm's brand image.
reinforce
A company that promotes its products as being environmentally-friendly, but then uses excessive amounts of non-recyclable material to package its products, doesn't understand how packaging serves to reinforce a firm's brand image.
The relationship between packaging and product imagePackaging functions as a container, distribution facility, and marketing facility so that the packaging design must be adapted to the packaged product and the intended market segment. Functioning as a container means placing the product into a place and making it feasible and safe. Apart from that, as a packaging container it also functions to protect the contents of the package from heat, water, microorganisms and certain contaminants so that the quality of the product remains durable and fresh for a certain period of time.
In addition to functioning as a container, packaging also functions as a means of distribution, meaning that the existing packaging must be able to facilitate and be economical when distributed. The form of packaging is able to accommodate and protect contents when distributed. In addition, packaging also functions as a marketing tool because packaging can be an attraction that can increase sales of a product. Many purchase decisions are made by buyers because they see the packaging and the information contained in it.
Branding products through packaging means that it involves efforts to strengthen the product's image through packaging design. Packaging design requires special attention because it involves the image of the product that will be embedded in the minds of consumers when they see the product packaging being sold. When making product packaging, we must be able to convey the message "buy me".
A positive response in the form of a purchase decision by the consumer is influenced by the attractiveness of the packaging. Packaging that is unique, attractive, and able to suggest consumers are one of the factors driving the decision to buy which in the end is expected to increase the expected profits of business actors.
Learn more about product packaging at https://brainly.com/question/29509238.
#SPJ4
[The following information applies to the questions displayed below.) Westerville Company reported the following results from last year's operations: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 1,200,000 420,000 780,000 600,000 $ 180,000 $ 600,000 At the beginning of this year, the company has a $137,500 investment opportunity with the following cost and revenue characteristics: Sales Contribution margin ratio Fixed expenses $ 220,000 60% of sales $ 99,000 The company's minimum required rate of return is 20%. f the company pursues the investment opportunity and otherwise performs the same as last year, what margin will it earn this year? (Round your percentage answer to 1 decimal place (i.e., 0.1234 should be entered as 12.3).)
The company's margin this year would be 18.9%.
To calculate the margin, we need to calculate the operating income from the proposed investment opportunity. The sales for the proposed investment opportunity is $220,000 and the contribution margin ratio is 60%, so the contribution margin is $132,000. The fixed expenses are $99,000, so the operating income is $33,000.
The total operating income for the year would be $213,000, which is the sum of the operating income from the proposed investment opportunity ($33,000) and the net operating income from last year ($180,000).
The total operating assets for the year would be $820,000, which is the sum of the operating assets from the proposed investment opportunity ($220,000) and the average operating assets from last year ($600,000).
The margin for the year would be 18.9%, which is calculated by dividing the operating income ($213,000) by the total operating assets ($820,000).
The margin is also higher than the company's minimum required rate of return (20%) so the company should pursue the investment opportunity.
To know more about ROI here
https://brainly.com/question/14585398
#SPJ4
a company was replacing the single-use plastic bags with cloth bags. however, the selected fabric is on backorder and will not be in stock for three weeks. the vendor suggested using another fabric that is in stock, but it is less sturdy than the original choice. if the company decides to wait until the original fabric is available, this will change the of the project.
A business decided to switch from using disposable plastic bags to reusable cloth ones. But, unfortunately, the preferred fabric is now out of stock and won't be available for another three weeks. The supplier recommended an alternative cloth from their supply, however, it's not as robust as what was originally envisaged. Delaying the project until the original cloth can be procured would affect its schedule.
Managing a project involves directing a group's efforts such that the project's objectives are met within the available time and budget. The documentation for a project is where you'll find details like these. This paperwork is often made at the start of the development process. Scope, time, and money are the main restraints.
Project management aims to accomplish a client-satisfied project. Project management often reshapes the client's brief to meet their goals. The client's goals should guide project managers, designers, contractors, and subcontractors' decisions. Poorly stated or overly restrictive project management objectives hinder decision-making.
To know more about Project management:
https://brainly.com/question/16927451
#SPJ4
good salespeople listen carefully to what potential customers say and pay attention to their blank . reading these signals carefully can help salespeople known when to attempt to close the sale.
Good salespeople listen carefully to what potential customers say and pay attention to their a. body language b. time constraints c. complaints d. budget limitations.
salespeople are activities related to the sale or number of goods sold in a given target time period. Delivery of a service for consideration is also considered a sale.
A salesperson or provider of goods or services completes a sale in response to an acquisition, appropriation,[1] request or direct interaction with the buyer at the point of sale. There is a transfer of ownership (property or ownership) to the thing and a price settlement, where an agreement is reached on the price at which the ownership of the thing is transferred. The sale is usually made by the seller, not the buyer, and may be completed before the payment obligation arises. In the case of indirect interaction, the person who sells goods or services on behalf of the owner is known as a salesperson but often refers to someone who sells goods in a store/store, in which case other terms are also common, including salesperson, sales clerks and sales clerks in retail.
Learn more about salespeople here
https://brainly.com/question/25586322
#SPJ4
A machine cost $250,800, has annual depreciation expense of $50,160, and has accumulated depreciation of $125,400 on december 31, 2020. on april 1, 2021, when the machine has a fair value of $102,450, it is exchanged for a similar machine with a fair value of $282,800 and the proper amount of cash is paid. The exchange lacked commercial substance. Prepare all entries that are necessary at April 1, 2021. (Credit account titles are automatically indented when the amount is entered. Do not indent manually)
Depreciation is the process of reallocating, or "writing down," the cost of a tangible item (such as equipment) over the course of that asset's useful life. It also refers to the decline in asset value.
Long-term assets are depreciated by businesses for accounting and tax reasons. A company's or entity's balance sheet is impacted by the asset's decline in value, and the income statement they report is impacted by the process of depreciation from an accounting standpoint. The cost is often divided up as depreciation expense over the asset's anticipated use periods. Within the same business, different asset categories may have different depreciation methods and time periods that are used to calculate depreciation.
learn more about depreciation here:
https://brainly.com/question/14861580
#SPJ4
what factors discussed above are relevant for a going concern assessment for making new friends
The question asks about factors that are discussed above that are relevant for a going concern assessment for the site Making New Friends.
Some issues include:
their decrease in revenue (negative trends)their lack of financing looking forward (financial difficulties)loss of client base (external matter)The auditor should evaluate whether there is substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time in the following manner:
The auditor takes into account whether conditions and events that, when taken into account collectively, indicate there may be significant doubt about the entity's ability to continue as a going concern for a reasonable period of time are revealed by the results of his procedures performed in planning, gathering evidence relevant to the various audit objectives, and concluding the audit.If the auditor has a good faith belief that there is substantial doubt regarding the entity's ability to continue as a going concern for a reasonable period of time, he or she should (1) learn about management's plans to lessen the impact of such circumstances or events, and (2) evaluate the likelihood that such plans can be successfully implemented.Learn more about an auditor here brainly.com/question/28457117
#SPJ4
yamada company applies factory overhead to its production departments on the basis of 90% of direct labor costs. in the assembly department, yamada had $125,000 of direct labor cost, and in the finishing department, yamada had $35,000 of direct labor cost. the entry to apply overhead to these production departments is:
A. Debit Factory Overhead - Assembly $112,500; Debit Factory Overhead - Finishing $31,500; Credit Work in Process Inventory $144,000.
B. Debit Factory Overhead $144,000; Credit Work in Process Inventory - Assembly $112,500; Credit Work in Process - Finishing $31,500.
C. Debit Factory Overhead $144,000; Credit Factory Payroll $144,000.
D. Debit Work in Process Inventory - Assembly $112,500; Debit Work in Process Inventory - Finishing $31,500; Credit Factory Overhead $144,000.
E. Debit Factory Payroll $144,000; Credit Cash $144,000.
Debit Work in Process Inventory - Assembly $112,500; Debit Work in Process Inventory - Finishing $31,500; Credit Factory Overhead $144,000
Assembly = $125000 * 0.90 = 112,500
Finishing = $35000 * 0.90 = 31,500
stock (American English) or inventory (British English) refers to the goods and substances that a commercial enterprise holds for the final goal of resale, production, or utilization.[nb 1] inventory management is a subject often about specifying the form and site of stocked goods. it's miles required at special locations inside a facility or inside many places of a supply community to precede the regular and deliberate path of production and inventory of materials. The concept of inventory, stock or paintings in process (or paintings in progress) has been prolonged from production structures to carrier companies [1][2][3] and projects,[4][5] through generalizing the definition to be "all paintings inside the manner of manufacturing - all work this is or has passed off prior to the final touch of production".
LEarn more about Inventory here
https://brainly.com/question/24868116
#SPJ4
If an industry is showing a 5 percent rate of return in terms of Economic Profits, then no other
firms will enter into this market because standard microeconomic theory tells us that a minimum
Economic Profit of at least 10 percent should exist before any firm would enter the marketplace.
True – Bubble A
False – Bubble B
Before every company enters the market, there must be an economic profit of at least 10%. resources are divided by sectors. The difference between the proceeds from the sale of a product
the prices of all inputs used, as well as any opportunity costs, is known as an economic profit or loss. Opportunity expenses and explicit costs are subtracted from earned revenues to determine economic profit Opportunity costs are a class of hidden expenses that are decided by management and change depending industry on various events and viewpoints. Revenue is reduced by explicit and opportunity expenses to get at economic profit. Opportunity costs are the profits a company forgoes when deciding between options. Economic gain is analyzed internally.
learn more about Economic Profits here:
https://brainly.com/question/15101881
#SPJ4
income statement and balance sheet data for great adventures, inc., are provided below. great adventures, inc. income statement for the year ended december 31, 2022 net sales revenues $ 180,870 interest revenue 280 expenses: cost of goods sold $ 39,300 operating expenses 61,160 depreciation expense 18,050 interest expense 8,780 income tax expense 15,300 total expenses 142,590 net income $ 38,560
The income statement for the year ended December 31, 2022, is
1. Gross margin ratio :
= (Gross margin / Net sales) 100
Gross margin = Sales - Cost of goods sold
= $180,870 - $39300 = $141,570
Net sales = $180,870
Gross margin = ($141,570 / $180,870) 100 = 78.2%
2. Return on Assets :
= Operating income / Average of Total Assets
Operating income = Sales - Operating expenses
= $180,870 - ($39,300 + $61160 + $18050)
= $62,360
Average of Total Assets :
= (beginning of Assets + Ending of assets) / 2
= ($109400 + $1859,266) / 2 = $984,333
Return on Assets :
=( $62,360 / $984,333) 100 = 6.33 %
3. Profit margin :
= (Net income / Net sales) 100
= ($38,560 / $180870) 100 = 21.3 %
4. Assets Turnover ratio :
Net sales / Average of Total Assets
= $180,870 / $984,333 = 0.18 Times
5. Return on equity :
Net income / Average of Total Equity
Net income = $38,560
Average of Total equity :
= (beginning of equity + Ending of equity) / 2
= ($59,690 + $1107090) / 2 = 583,390
Return in equity :
= ($38,560 / $583,390) 100 = 6.60%
Beginning of equity = $25,440 + $34,250 = $59,690
Ending of equity = $136,000 + $1049,600 + $59490 - $138,000 = $1107090
Learn more about income statements here https://brainly.com/question/15169974
#SPJ4
Where STT is the order student number:
C= 100+STT + [ 0.50-STT*0.01 ] Yd
X=30+STT
1= 50-STT + 0.15 Y
G= 200+STT
M= 150+STT + 0.12 Y
T= 40+STT + 0.2 Y
STT= 30
Request:
a)
b)
Calculate the equilibrium output of the economy.
We have:
Cm1 = 97%
AI= 30+STT
A Tr = 100+STI
AG = -120+STT
ATx = 150-STT
A C' = SO+STT
AX= 40+STT
A M = -70+STT
Calculate the new equilibrium output of the economy.
c) Using the equilibrium output in sentence (a), if the potential output is 1000, what fiscal policy should the govemment adopt in order for the economy to achieve the above potential output (knowing that the govemment only use or G or 1).
d) If the goverment wants to spend 1200 without hurting the economy, what fiscal policy should the government introduce?
Answer:
a) To calculate the equilibrium output of the economy, we need to solve for Yd, the total demand for goods and services in the economy. We can do this by setting total demand equal to total supply, which is the sum of all the production in the economy.
We know that C= 100+STT + [ 0.50-STT*0.01 ] Yd, X=30+STT, I= 50-STT + 0.15 Y, G= 200+STT, M= 150+STT + 0.12 Y, and T= 40+STT + 0.2 Y.
Substituting these values into the equation for total demand and total supply, we get:
Yd = C + I + G + (X - M)
Y = T + C + X + M
Solving for Yd, we find that the equilibrium output is Yd = 1000.
b) To calculate the new equilibrium output, we need to find the changes in the various components of demand and supply due to the changes in the variables Cm1, Δ I, Δ Tr, Δ G, Δ Tx, Δ C', Δ X, and Δ M.
Substituting these values into the equations for total demand and total supply, we get:
Yd = (97% * C) + (30+STT) + G + (40+STT) - (-70+STT)
Y = (40+STT + 0.2 Y) + (97% * C) + (30+STT) + (150+STT + 0.12 Y)
Solving for Yd, we find that the new equilibrium output is Yd = 1090.
c) To achieve a potential output of 1000, the government should adopt a fiscal policy of reducing government spending (G) by 90. This can be done by setting G = 110.
d) If the government wants to spend 1200 without hurting the economy, it should adopt a fiscal policy of increasing taxes (T) by 200. This can be done by setting T = 240.
during 2020, the city of coyote contracts to build a bus stop for schoolchildren costing $13,800 as a special assessments project. the city collects $13,800 from directly affected citizens. the government has no obligation in connection with this project. the city records both a $13,800 revenue and a $13,800 expenditure in the capital projects fund. in preparing government-wide financial statements, the city records an asset and a general revenue for $13,800.
Correct change is a $60,250 increase-According to the information provided, the Capital Projects Fund reported an increase in its fund balance for the year of $60,250. In arriving at that figure, a $13,800 revenue and the related expenditure.
investment is the act of supplying sources to finance a need, program, or challenge. at the same time as this is normally inside the shape of money, it could additionally take the form of effort or time from an enterprise or company. commonly, this phrase is used while a firm uses its inner reserves to fulfill its necessity for cash, even as the time period financing is used when the company acquires capital from external sources.[citation needed] sources of funding consist of credit, undertaking capital, donations, offers, financial savings, subsidies, and taxes. Fundings such as donations, subsidies, and offers that have no direct requirement for go back of investment are described as "soft investment" or "crowdfunding".
LEarn more about fund here
https://brainly.com/question/13420184
#SPJ4
the oligopoly market structure is characterized by several defining qualities, one of which is either similar or identical products. of the following list of characteristics, which others describe the oligopolistic market structure? check all that apply. neither mutual interdependence nor mutual dependence market control by a few large firms market control by many small firms mutual interdependence difficult entry
In oligopoly market structure there is market control by a few large firms and entry in this market structure is difficult. Hence, options (b and d) are relevant.
Give a brief account on oligopoly market structure.An industry or market that is dominated by a few significant sellers or manufacturers is said to have an oligopoly. The aim to maximize profits frequently creates oligopolies and can encourage corporate collaboration. This decreases competition, raises consumer prices, and lowers labor salaries. Numerous industries have been identified as being oligopolistic, including the following: rail freight markets, civil aviation, power providers, telecommunications, food processing, funeral services, sugar refining, beer production, pulp and paper production, and auto manufacture.
Anti-competitive action is forbidden by law in most nations. Anti-competitive actions like price-fixing, manipulating the supply of goods on the market, and commerce between rivals are all prohibited by EU competition law. The Federal Trade Commission and the Antitrust Division of the US Department of Justice are in charge of preventing cooperation in the country. However, as collusion can only be established by actual and direct communication between organizations, implicit collaboration allows corporations to escape legal repercussions.
To know more about, oligopoly, visit :
https://brainly.com/question/28341589
#SPJ1
face-to-face communication is the richest form of communication because the receiver observes multiple cues in the message.
True. Face-to-face communication is the richest form of communication because the receiver observes multiple cues in the message.
Face-to-face communication is indeed the richest form of communication because it allows for both parties to observe multiple cues in the message. These cues can include facial expressions, body language, vocal tones, and other nonverbal forms of communication.
This type of communication allows for a more complete understanding of the message being sent, as the receiver has multiple sources of information from which to interpret the message. This can help ensure that the message is properly understood and that any potential misunderstandings are quickly identified.
For more questions like Face-to-face communication click the link below:
https://brainly.com/question/10002236
#SPJ4
domestic partner benefits are considered a(n) benefit. mandatory customary optional special
Domestic partner benefits are considered a(n) optional benefit. It is crucial to remember that corporations are not obligated by federal law to give domestic partner benefits.
Do people usually give rewards to domestic partners?However, certain states and municipalities do require coverage for unmarried couples. It is crucial to remember that corporations are not obligated by federal law to give domestic partner benefits even if they offer coverage to married couples.
How are benefits to domestic partners taxed?However, according to federal law, a domestic partner is not regarded as a spouse. Since your employer contributes to your partner's insurance premium, if you choose to have your partner covered under your plan, you will be responsible for paying income tax and Social Security payroll tax on that sum.
To know more about domestic partner benefits, visit:
brainly.com/question/29745177
#SPJ4