FOCUS ON INTERNATIONAL ISSUES COST-VOLUME-PROFIT ANALYSIS AT A SWISS COMPANY The greater the percentage of a company's total costs that are fixed, the more sensitive the company's earnings are to changes in rev- enue or volume. Operating leverage, the relationship between the changes in revenue and changes in earnings, introduced earlier, applies to companies throughout the world, large or small. Nestle Manufacturing companies often have significant fixed costs. Nestle Group, SA is a large, food manufacturing company head- quartered in Vevey, Vaud, Switzerland. Most college students will be familiar with its candy products, but it is also a major producer in infant formulas. From 2017 through 2019 Nestle's revenues increased only 3.1 percent, but its operating earnings increased 59.0 percent. In other words, its profit grew 19 times as fast as its revenue (volume). This is a classic example of the effects of fixed costs, whether measured in dollars, euros, or Swiss francs. Studying Nestle offers insight into a true global enterprise. Though headquartered in Switzerland, it does business in almost ev- ery county in the world. In 2019 it generated less than 25 percent of Klaus Ohlenschlaeger/Alamy its revenues in Europe, let alone Switzerland. Its financial statements are presented in Swiss francs (CHFs), but it does business in 11 other major currencies. Its stock is currently traded on the SIX Swiss Stock Exchange, but it can also be purchased using ADRS (American De- pository Receipts) on the over-the-counter market in the United States.
Answers
1) The CVP analysis shows that a small change within revenue will result in changes in costs and profits. If costs remain constant, profits grow at a faster rate than sales revenue. 2) In the instance of Siemens, revenue increased while costs remained constant. As a result, profit increased by a greater amount. Nestle's revenues increased while its costs decreased. As a result, profit increased dramatically.
Step 1: Cost, volume, and profit analysis
The CVP analysis demonstrates the relationship that exists between a company's costs, sales volume, and profits. It demonstrates that when a company's sales volume changes, so do its costs. These changes eventually result in a change in the company's profits. However, it ought to be remembered that as sales volume increases, so will variable costs. This might rise or fall the company's profits. Similarly, if sales volume falls, costs fall, and profits may either increase or decrease.
Step 2: Siemens CVP analysis
Despite an increase in revenue, Siemens' costs remained constant. As a result, the company's profits increased faster than its revenue. Assume the revenue is $100,000 and the cost is $50,000. Profits would be as follows:
Profit Revenue-Cost
= 100,000 - 50,000
= 50,000
If revenue increased to 200,000 and costs remained constant, profits would be as follows:
Profit Revenue -Cost
=200,000 - 50,000
= 150,000
As a result, because costs remained constant, profits increased threefold while revenue increased twice as much.
If the company's revenue had dropped by 9.4%, profits might have dropped by nearly the same amount. However, the costs would remain constant.
Step 3: Nestle CVP analysis
In Nestle's case, costs have decreased. As a result, a small increase within revenue has resulted in a large increase within profits. As a result, when the company's revenue increased by 3.1%, its costs decreased, resulting in a 59% increase in profits.
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Related Questions
With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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When an advertising campaign for a new product is first launched, which type of advertising would be most helpful in building awareness?.
Answers
Answer:
Informative.
Explanation:
The company uses the number of jobs as its measure of activity. For example, mobile lab operating expenses should be $2,900 plus $35 per job, and the actual mobile lab operating expenses for February were $4,530. The company expected to work 50 jobs in February, but actually worked 52 jobs.Required: Prepare a flexible budget performance report showing AirQual Test Corporation's revenue and spending variances and activity variances for February. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect Input all amounts as positive values.
Answers
As the company uses the number of jobs as its measure of activity, its flexible budget will change according to the level of activity.
A flexible budget performance report for AirQual Test Corporation's revenue and spending variances and activity variances for February is given below:AirQual Test CorporationFlexible Budget Performance ReportFebruary Activity Revenue and Spending Variances and Activity VariancesFlexible Budget Actual Results Revenue Variance,Spending Variance Activity VarianceNumbe $47,500, $49,400 F $1,900Expenses:Mobile lab operating expenses $4,400 $4,530 None $130Depreciation expense $3,500 NoneRent expense $3,000 NoneUtilities expense $2,300 $2,360 U $60Total expenses $13,200 $13,390 U $190Net operating income $34,300 $35,010 F $710The flexible budget is determined by multiplying the actual level of activity by the budgeted variable costs per unit of activity and adding the budgeted fixed costs. Revenue variance is the difference between actual revenue and budgeted revenue at the actual level of activity. An unfavorable variance occurs when actual revenue is less than budgeted revenue, and a favorable variance occurs when actual revenue is greater than budgeted revenue. In February, AirQual Test Corporation's actual revenue was $1,900 greater than budgeted revenue, which is a favorable variance.The spending variance is the difference between actual expenses and budgeted expenses at the actual level of activity. An unfavorable variance occurs when actual expenses are greater than budgeted expenses, and a favorable variance occurs when actual expenses are less than budgeted expenses. In February, AirQual Test Corporation's actual expenses were $190 greater than budgeted expenses, which is an unfavorable variance.Activity variance is the difference between flexible budget net operating income and static budget net operating income. The activity variance is favorable when the actual level of activity is greater than the budgeted level of activity and unfavorable when the actual level of activity is less than the budgeted level of activity. In February, the actual level of activity was greater than the budgeted level of activity, resulting in a favorable activity variance of $710.To prepare a flexible budget performance report for AirQual Test Corporation, we need to compare the budgeted and actual revenues and expenses based on the number of jobs completed. Here is the report:
1. Revenue:
Expected revenue per job: Not provided
Actual revenue per job: Not provided
Revenue variance: Cannot be calculated without revenue data
2. Mobile Lab Operating Expenses:
Budgeted expenses (50 jobs): $2,900 + ($35 x 50) = $4,650
Actual expenses (52 jobs): $4,530
Spending variance: $4,650 - $4,530 = $120 (F)
3. Activity Variances:
Expected number of jobs: 50
Actual number of jobs: 52
Activity variance: 52 - 50 = 2 jobs (F)
4. Total Variance:
Since revenue information is not provided, the total variance cannot be calculated.
Summary:
Revenue variance: Cannot be calculated
Spending variance: $120 (F)
Activity variance: 2 jobs (F)
In conclusion, AirQual Test Corporation had a favorable spending variance of $120 and a favorable activity variance of 2 jobs for February. However, the revenue variance cannot be calculated due to the lack of revenue data provided in the question.
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Based on the given information, we can prepare a flexible budget performance report for AirQual Test Corporation's revenue and spending variances and activity variances for February.
Firstly, let's calculate the flexible budget for February using the given formula:
Flexible budget = Total fixed costs + (Variable cost per unit x Actual units of activity)
Mobile lab operating expenses = $2,900 + ($35 x 52) = $4,820
Now, let's compare the actual results with the flexible budget to calculate the variances:
Revenue variance = Actual revenue - Flexible budget revenue
There is no information given about revenue, so we cannot calculate this variance.
Spending variance = Flexible budget - Actual expenses
Spending variance = $4,820 - $4,530 = $290 (F)
This indicates that the company spent $290 less than what was budgeted for mobile lab operating expenses in February.
Activity variance = Flexible budget - Budgeted amount
Activity variance = $4,820 - ($2,900 + ($35 x 50)) = $235 (U)
This indicates that the company performed 2 more jobs than what was budgeted for in February, leading to an unfavorable activity variance of $235.
Overall, the company spent less than what was budgeted for mobile lab operating expenses, but performed more jobs than what was budgeted for, leading to an unfavorable activity variance.
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Neolithic people practiced metallurgy.
How did the advancement in technology. Benefit. Early humans
Answers
Answer:
the answer is D
Explanation:
Answer:
D. Metal was used to make stronger items that lasted longer
Explanation:
Did it on Edg.2020
Please mark brainliest
As digital technology continues to grow, consumer demands are likely to rise in four areas. Briefly describe each of these areas and what you expect consumer demand might be.
Answers
Explanation:
The 4 areas in which consumer demands are likely to rise with the growth in digital technology are
production, selling, marketing concept, and customer relationship.
Production: with increase in tech and demand with increasing population the production would increase.
Selling: With increase in production selling of product wolud also increase.
marketing concept: tech. will bring innovative marketing concept into picture, example digital and social media marketing.
Customer relationship: To increase sales and profit customer relation has be better and innovative , technology would be helpful in this context.
Most plants want to have their supplies delivered just before they are needed to be used in production
Answers
Answer:
True
Explanation:
The modern notion of "just in time" material delivery supports reduction of inventory and its associated costs. Plants that have sufficiently steady raw material usage will prefer supplies delivered "just in time."
Plants that have wildly varying production schedules or product mix may prefer a generous "safety stock." They may also prefer a generous supply inventory if their supply chain is unreliable.
It is true that most plants want to have supplies delivered just in time, but circumstances may make needs differ from wants.
Answer:
TRUEExplanation:
#CARRYONLEARNING(02.10 LC) What strategy works best to get out of a rut?
A) Attitude
B) Belief
C) Flexibility
D) Selling out
Answers
Answer is C Flexibility because that's the only thing that goes in the exercise category.
Explanation: I hoped that Helped!!
Answer:
Flexibility.
Explanation:
Cognitive flexibility refers to the brain’s ability to transition from thinking about one concept to another. The quicker you are able to switch or “shift” your thinking from one dimension (e.g. color of an object) to another (e.g. shape of an object), the greater your level of cognitive flexibility.
Hey, can I please get some help? Thank you!
Answers
2.When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. ... As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.
you purchased a stock at a price of $50.44. the stock paid a dividend of $1.71 per share and the stock price at the end of the year was $55.90. what was the total return for the year?
Answers
To calculate the total return for the year, you need to consider both the dividend received and the change in stock price.
The dividend yield can be calculated by dividing the dividend per share by the purchase price:Dividend Yield = Dividend / Purchase Price
Dividend Yield = $1.71 / $50.44
Next, calculate the capital gain or loss by subtracting the purchase price from the ending stock price:Capital Gain = Ending Stock Price - Purchase Price. Capital Gain = $55.90 - $50.44
To calculate the total return, add the dividend yield and the capital gain:
Total Return = Dividend Yield + Capital Gain
Total Return = (Dividend / Purchase Price) + (Ending Stock Price - Purchase Price). Plugging in the values: Total Return = ($1.71 / $50.44) + ($55.90 - $50.44)
Calculate each part of the equation:
Total Return = 0.0339 + 5.46
Total Return ≈ 5.4939 or 549.39%
Therefore, the total return for the year is approximately 549.39%.
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which statement best describes how advances in communication changed the world during the time of industrialization and expansion? the result of the advances was that people could communicate around the world almost instantaneously. advances in communication created new industries and jobs governments were better able to govern large countries. advances in communication allowed families to move apart and remain in touch.
Answers
The phrase that best captures how the world changed as a result of communication innovations throughout the period of industrialization and growth is:
"Advances in communication created new industries and jobs.."
How advances in communication changed the world during the time of industrialization and expansion?
The development of communication throughout the era of industrialization and growth had a huge impact on how the world was shaped. The emergence of new industries and occupations was one of the most significant ways that these advancements altered the world. The telegraph, telephone, and radio were among the new technologies that allowed businesses to connect with clients, suppliers, and one another more effectively and efficiently. As a result, both already established sectors and new ones like telecommunications and television were developed.The development of new positions in these industries, like those of telephone operators, telegraph operators, and radio broadcasters, was also made possible by these advancements in communication. They also promoted the development of other sectors including industry, transportation, and finance.It's also critical to remember that improvements in communication enabled families to split up and stay in touch as well as improved government efficiency in huge nations thanks to improved citizen communication. The claim that technological advancements in communication created new industries and jobs, as it was a crucial component of the Industrial Revolution and it altered how people lived and worked, is, however, the one that best captures how the world changed during the period of industrialization and expansion.Learn more about communication and industrialization from the link below
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Tsintah weaves traditional Navaho rugs. She weaves and sells 50 rugs. Her average cost of production per rug is $50. She sells each rug for a price of $65. Tsintah’s total revenues are a. $750. b. $2,500. c. $3,250. d. $5,750.
Answers
Answer:
Tsintah’s total revenue = $3,250
Explanation:
Given:
Number of rugs sale = 50
Cost of production of 1 rug = $50
Sales amount of each rug = $65
Find:
Tsintah’s total revenue
Computation:
Total revenue = Number of product sale × sales price
Tsintah’s total revenue = Number of rugs sale × Sales amount of each rug
Tsintah’s total revenue = 50 × $65
Tsintah’s total revenue = $3,250
True or False: Service providers that have high customer satisfaction ratings this year are unlikely to achieve the same level of satisfaction next year.
Answers
Answer: False
Explanation:
با ما
Outline two reasons why a business such as AEC could not be
Successful without other firms providing natural resources
Answers
Answer:
Because of product's use of natural resources in its input (1) and dependence on the supply chain system of other companies.
Explanation:
The reason is that all of the companies rely on natural resources that the companies are processing and making it available for the other companies to utilize it to control its cost and complete the production of the products. The energy is a natural resource which every company utilizes and due to this its production is largely dependent on the firms that are processing natural resources to make it available for companies to utilize it.
The next most important thing is supply chain system of natural resource companies that helps the companies like AEC and even an individual to make the use of these natural resources in an efficient and effective manner. If I don't have access to fuel, then I cann't travel and traveling by using horses would be expensive and time consuming. So supply chain system of the other businesses play key role here.
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
when journaling a correcting entry, what do you debit in the transaction that incorrectly debited electric expense instead of utilities expense? question 17 options: utilities expense miscellaneous expense electric expense cash
Answers
When journaling a correcting entry to correct an incorrect transaction that debited electric expenses instead of utility expenses, you would debit Utility Expenses and credit Electric Expenses. Here option A and C are the correct answer.
The purpose of the correcting entry is to make an adjustment to the original transaction so that it accurately reflects the correct account. In this case, the original transaction incorrectly debited Electric Expense, which is not the correct account. To correct the mistake, you would debit Utilities Expense, which is the correct account, and credit Electric Expense to reverse the original entry.
The debit to Utilities Expense (A) will increase the amount in that account, which reflects the actual cost incurred for the utility services. The credit to Electric Expense (C) will decrease the amount in that account, which corrects the error that was made in the original transaction.
Complete question:
when journaling a correcting entry, what do you debit in the transaction that incorrectly debited electric expense instead of utilities expense?
A - utilities expense
B - miscellaneous expense
C - electric expense
D - cash
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What is the expected result of a technology that improves rapidly and alternative service options with superior quality become available
Answers
Answer:
C). Obsolescence
Explanation:
Obsolescence is defined as the 'state of being obsolete or no longer in use' as the better alternate options become available in the market which possesses the ability to offer higher productivity. It is 'the expected consequence of a technology that enhances briskly and alternative service options with upper quality become accessible.' The producers are more likely to switch to the alternate not always due to the uncompetitiveness of the present technology but also due to the higher advantages and yielding capacity of the new option. Thus, option C is the correct answer.
In selecting the financing weights for a firm’s cost of capital, although using the firm's actual financing structure is theoretically the best approach, doing so may not be appropriate if:
a) the firm's mix of debt and equity changes.
b) the return that debt and equity investors require changes.
c) management alters the funding proportions when funding new projects.
d) all of the above.
Answers
In selecting the financing weights for a firm’s cost of capital, although using the firm's actual financing structure is theoretically the best approach, doing so may not be appropriate if: the firm's mix of debt and equity changes, the return that debt and equity investors require changes, management alters the funding proportions when funding new projects. The correct option is d.
In selecting the financing weights for a firm's cost of capital, it is generally considered ideal to use the actual financing structure of the firm. This approach provides a more accurate representation of the firm's capital structure and reflects the relative weights of debt and equity in determining the overall cost of capital. However, there are situations where using the firm's actual financing structure may not be appropriate.
Firstly, if the firm's mix of debt and equity changes over time, using the historical financing structure may not reflect the current capital structure. For example, if a company decides to issue additional debt or equity or if it undergoes a significant restructuring, the weights assigned to debt and equity in the cost of capital calculation would need to be adjusted accordingly.
Secondly, the return required by debt and equity investors can change due to various factors such as changes in interest rates, market conditions, or perceived risk. If the required return for debt and equity changes significantly, using outdated weights based on historical data would not accurately reflect the current cost of capital.
Lastly, if management alters the funding proportions when funding new projects, it can impact the firm's capital structure and financing weights. If a company decides to fund a new project primarily with debt or equity, it would change the relative weights and therefore require an adjustment in the cost of capital calculation.
In summary, all of the mentioned factors (a) changes in the firm's mix of debt and equity, (b) changes in the required return of debt and equity investors, and (c) management altering the funding proportions for new projects) can render the use of the firm's actual financing structure inappropriate for determining the financing weights in calculating the cost of capital. Adjustments should be made to reflect the current capital structure and the expectations of debt and equity investors.
Hence, the correct option is d.
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Which situation best illustrates the role of households in the circular flow of
goods?
A. A runner buys a new pair of athletic shoes.
B. A website sells cheap books and magazines.
C. A factory produces screws used to build furniture.
O D. A company designs websites for big businesses.
Answers
A runner buys a new pair of athletic shoes best illustrates the role of households in the circular flow of goods. Thus, option A is correct.
What is circular flow of goods?The circular flow is the continuous movement of revenue, expenditure, and the production of products and services in an economy.
It demonstrates the circular redistribution of revenue between the producing unit and households. They include entrepreneurship, labor, capital, and land. Rent is the fee received in exchange for the fixed natural resource( also known as land)contribution. Wage is the comprehension received for the contributions made by human worker. Interest is the compensation received for the capital contribution. Profit is the reward for the contribution produce by the enterprise.
Therefore, we can conclude that option A is correct.
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Tyrell Corporation is an electronics company based in the country of Palmia. The company has manufacturing facilities in four other countries where labor costs are low. It also has its research centers in three other countries because these countries offer best-of-class capabilities. However, Tyrell Corporation does not offer much product differentiation, which means that price is the main competitive weapon. In this scenario, Tyrell Corporation most likely implements a
Answers
Answer: global-standardization
Explanation:
Global Standardization strategy simply refers to when standard marketing can be used on the international scene. Global standardization works for different cultures and help in the promotion of a product.
We can see that Tyrell uses sane standards for the countries it's involved in without much differentiation. This is global standardization strategy.
How does American style differ from Japanese style? Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. Japanese style is identified as casually elegant, often using very luxurious fabrics while American style is noted for being chic, sophisticated, and smart. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casual, athletic, and clean-cut while Japanese style is noted for having complicated cutting and structure. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. American style is identified as casually elegant, often using very luxurious fabrics while Japanese style is noted for being chic, sophisticated, and smart. Japanese style is identified as casual, athletic, and clean-cut while American style is noted for having complicated cutting and structure.
Answers
Answer:
American style is identified as casual, and ethic and clean cut while japanese style is considered poorly and has been noted for having complicated cutting and structure
Explantion:
got it right on Edge 2022
Profit-maximizing monopolists never produce in the range of output where MR is negative because
Answers
Answer: They wouldn't maximize profit.
Explanation:
Profit Maximizing Monopolists would always produce so long as Marginal revenue is positive because it would give them a chance to make more profit. If marginal revenue becomes negative, they would be making less than they did on the last product which would not be ideal to them.
This is so because the profit maximizing point is where marginal cost equals marginal revenue and as production increases, so also does marginal cost which means that for profit to be maximized, marginal revenue has to be positive as well to equal marginal cost.
1. List the book title and retail price for all books with a retail price lower than the average retail price of all books sold by JustLee Books. 2. Determine which books cost less than the average
Answers
The SQL syntax which retrieves the book title and retail price for books lesser than the average price of all books by just Lee. The SQL command is written thus ;
SELECT title, retail
FROM books
WHERE retail <
(SELECT AVG(retail)
FROM books);
The first line lists the columns to be used to form the new table. books is the name of the table to be looked into (line 2)Line 3 is the condition, which is rows where retail price lesser than the average retail price. Line 4 uses the AVG command to obtain the average of the retail cost of all books.Hence, the SQL command will display all columns where retail price is below the average price of books with only the book title and retail price column included.
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Analyse why Emirates would want to be more environmentally friendly
Answers
Reputation: In recent years, there has been a growing public concern over the impact of air travel on the environment. Consumers are becoming more environmentally conscious and are choosing companies that are taking steps to reduce their impact on the environment. By adopting more sustainable practices, Emirates can improve its reputation and appeal to environmentally conscious customers.
Cost savings: Adopting environmentally friendly practices can also help Emirates save on operating costs. For example, using more fuel-efficient aircraft or reducing waste can result in significant cost savings over time. These cost savings can be reinvested into other areas of the business, such as improving the customer experience or expanding the route network.
Compliance: Governments around the world are implementing stricter regulations to reduce carbon emissions and promote sustainable practices. By adopting more environmentally friendly practices, Emirates can ensure compliance with these regulations and avoid potential fines or penalties.
Social responsibility: As a global company, Emirates has a responsibility to act in the best interests of society and the environment. By reducing its carbon footprint and promoting sustainable practices, Emirates can contribute to global efforts to address climate change and promote sustainability.
Overall, there are several compelling reasons why Emirates would want to be more environmentally friendly. By adopting more sustainable practices, Emirates can improve its reputation, save on costs, comply with regulations, and act as a responsible corporate citizen.
Scenario: NewTel, Inc.
NewTel is a telephone company with a policy of filling positions internally, through promotions, rather than hiring from outside. Until recently, the company had a strong engineering focus and tended to promote people into senior executive positions from the engineering areas. Consequently, almost all of the company’s 14 senior executives joined the company over 20 years ago in junior engineering positions. There is increasing pressure on NewTel to become more marketing and service-oriented. As a result, four people were hired last year from consumer products and retail firms to fill new senior executive positions in marketing and service management. The external hires were necessary because current employees were not sufficiently qualified. Now there are signs of tension among senior executives, particularly during budget deliberations where there is limited discretionary spending on new corporate activities. The four new hires have been frustrated in their attempts to have the company put more money into marketing and customer services instead of technology investment. The conflict episodes are viewed by both sides as personal attacks rather than attempts to resolve the problem.
The four new hires’ attempt to have the company put more money into marketing and customer services instead of technology investment. This is mainly an example of conflict due to:
A. role ambiguity.
B. lack of communication.
C. sequential task interdependence.
D. overt behaviors.
E. goal incompatibility.
Answers
Answer:
E. goal incompatibility.
Explanation:
Analyzing the scenario above, it is possible to see that the cause of the conflict is due to incompatibility of goals, that is, there are different objectives and goals between the teams and organizational departments, which causes a lack of consensus that culminates in the conflict.
This is a negative situation for the company, which is a set of systems that must operate in favor of the same objectives and goals. in order to listen to all the parties involved, and then start from a principle where everyone feels heard and integrated in the development of organizational goals, creating an environment of trust and positive relationship in the company.
How often does FXAIX pay dividends?
Answers
Fidelity's index fund, FXAIX, follows the performance of the S&P 500 Index. Being an index fund, FXAIX distributes dividends that are based on the S&P 500 Index constituent businesses' dividend payments.
The individual dividend payment schedules of the index's constituent firms will determine the frequency of dividend payments for FXAIX. Investors in the FXAIX can anticipate receiving dividends about four times each year as the S&P 500 Index businesses typically pay dividends on a quarterly basis. It's important to remember that although FXAIX may pay dividends on a quarterly basis, the actual dividend amounts may fluctuate depending on changes to the payout policies of the businesses included in the S&P 500 Index.
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Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
Answers
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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What activities are involved in offering the products customers want?.
Answers
Answer:
Just dispaly
Explanation:
Showing the use of the product,where the product can be obtained,when the product is used,Other complementary products and so many
Planning is an important part of management. You find your batting cages can serve 20 customers each per day and take up about 1,600 square feet each. In two years, you hope to serve 300 customers per day. About how much room will you need just for batting cages?.
Answers
The spaces taken up to serve 300 customers per day is; 24,000 square feet each
According to the question;
We are required to determine how much room will you need just for batting cages.By proportion;
To serve 20 customers each per day; the batting cages take up about 1600 square feet each
To serve 300 customers each per day; the batting cages would take up about;
= (300 × 1600)/20= 24,000 square feet eachTherefore, 24,000 square feet each is required to serve 300 customers per day.
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A printer company has two locations with a total of 33 amployees If two times the number of employses at the lacaion is three greater than five times the number of employses at the smaller location, how many employees are at sach location? The smaller location hasemployee(s) and the larger location has employees).
Answers
Nine people work at the smaller location, while 24 employees do so at the larger one.
Let's use variables to represent the number of employees at each location. Let x be the number of employees at the small site and y be the number of employees at the large site.
From the problem, we can see:
x + y = 33 (33 total employees) ---1
2y = 5x + 3 (2 times his number of employees in the large site is 3 times his number of employees in the small site) --- 2
Y can be represented as
x + y = 33
y = 33 - x
You can then substitute this equation for y into the second equation and solve for x.
2(33 - x) = 5x + 3
66 - 2x = 5x + 3
66 + 3 = 5x + 2x
69 = 7x
x = 9
So in a small place he has 9 employees.
x + y = 33
9 + y = 33
y = 33 - 9
y = 24
At the larger location he has 24 employees.
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For external reporting, income statements are generally prepared using.
Answers
For any form of external reporting, income statements are generally prepared using Absorption variable and Variable costing costing is used for internal decision making purposes.
What are the income statements?The income statement is one that is based on some key items such as revenue, expenses, loss, etc.
An income statement is said to be a form of financial report that gives details a company's income and expenses in course of a reporting period.
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