Answers
Answer:
The best estimate of the company's net operating income in a month is $34,800.
Explanation:
This can be calculated using the following steps:
Step 1: Calculation of contribution margin
This can be calculated using the formula for calculating the contribution margin ratio as follows:
Contribution margin ratio = Contribution margin / Sales ........... (1)
where,
Substituting the values in the question into equation (1) and solve for contribution margin, we have:
60% = Contribution margin / $138,000
Contribution margin = 60% * $138,000 = $82,800
Step 2: Estimation of the company's net operating income in a month
This can be calculated using the following formula:
Net operating income = Contribution margin - Fixed expenses ......... (2)
Substituting the $82,800 obtained in Step 1 for contribution margin and the fixed monthly expenses of $48,000 in the question into equation (2), we have:
Net operating income = $82,800 - $48,000 = $34,800
Conclusion
From Step 2 above, the best estimate of the company's net operating income in a month is therfore $34,800.
Related Questions
You are the manager of a local sporting goods store and recently purchased ashipment of 60 sets of skis and ski bindings at a total cost of $30,000 (yourwholesale supplier would not let you purchase the skis and bindings separately,nor would it let you purchase fewer than 60 sets). The community in whichyour store is located consists of many different types of skiers, ranging fromadvanced to beginners. From experience, you know that different skiers valueskis and bindings differently. However, you cannot profitably price discrimi-nate because you cannot prevent resale. There are about 20 advanced skierswho value skis at $350 and ski bindings at $250; 20 intermediate skiers whovalue skis at $250 and ski bindings at $375; and 20 beginning skiers who valueskis at $175 and ski bindings at $325. Determine your optimal pricing strateg
Answers
Answer:
Optimal price is $575 which includes skis and ski binding.
Explanation:
Skiers who value skis at
Advance 20 * [$350 + $250] = $12,000
Intermediate 20 * [$250 + $375] = $12,500
beginners 20 * [$175 + $325] = $10,000
Total Revenue $34,500
Optimal price $34,500 / 60 = $575.
what are the important seo features ?
Answers
The important seo features are Keyword Research, On-Page Optimization, High-Quality and Engaging Content, Link Building, Mobile-Friendly Design, Site Speed and Performance and User Experience (UX).
While SEO is a complex and multifaceted field, there are several important features that contribute to an effective SEO strategy. Let's explore some of these features:
Keyword Research: Keyword research involves identifying the specific search terms and phrases that users are likely to use when searching for information related to your website's content. On-Page Optimization: On-page optimization refers to optimizing individual web pages to make them more search engine-friendly. This includes optimizing title tags, meta descriptions, headers, URLs, and incorporating relevant keywords naturally within the content. High-Quality and Engaging Content: Creating high-quality, informative, and engaging content is crucial for SEO. Search engines prioritize content that provides value to users.Link Building: Link building involves acquiring high-quality backlinks from other reputable websites. Backlinks act as "votes of confidence" for your website, indicating to search engines that your content is trustworthy and authoritative. Mobile-Friendly Design: With the increasing use of mobile devices for internet browsing, having a mobile-friendly website is essential. Site Speed and Performance: Website speed and performance play a vital role in SEO. Search engines prioritize delivering fast and efficient user experiences.User Experience (UX): Providing a positive user experience is critical for SEO success. Factors such as easy navigation, clear site structure, intuitive design, readable fonts, and engaging multimedia elements contribute to a better user experience.For such more question on Research:
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What is Banking sector??
Answers
Answer:
The banking sector is a major segment of the U.S. and world economies. While some might define it more broadly, the U.S. Department of Commerce considers it a subsector of the larger financial services industry, which also includes subsectors focusing on asset management, insurance, venture capital, and private equity.
Explanation:
List three advantages of buying an existing business
Answers
Buying a business is generally considered less risky than starting your own business, especially if you can buy a well-managed, profitable business for the right price. Consider these advantages:
The difficult start-up work has already been done. The business should have plans and procedures in place.
Buying an established business means immediate cash flow.
The business will have a financial history, which gives you an idea of what to expect and can make it easier to secure loans and attract investors.
You will acquire existing customers, contacts, goodwill, suppliers, staff, plant, equipment and stock.
A market for your product or service is already established.
Existing employees and managers will have experience they can share.
Explain the difference between public goods and private goods. Consider why profit can be
made through the supply of one type of good, but not the other. (8)
Need a full answer, Please
Answers
explain all the dimensions of Management functions in Human Resource management
Answers
Answer:down
Explanation:The four dimensions of human resource management practices are: Managing The Human Resource Environment, Acquisition and Preparation of Human Resources, Assessment and Development of Human Resources, and Compensation of Human Resources as stated by Noe et al (2010).
Answer: HR managers carry out a variety of tasks to ensure a business runs smoothly. The various dimensions of management functions in Human Resource management are as follows:
Explanation:
a. Planning
Planning for various things, from the hiring process to training and development programs, is the most crucial duty of an HR manager. Planning lays the foundation for other HR management responsibilities, such as determining job qualifications and the organization's need for recruitment.
b. Organizing
An HR manager is responsible for performing this role after the planning phase (discussed above) is finished. To meet the requirements and wants of the workforce while achieving business goals, they must create strategies and programs.
c. Directing
To carry out the goals and plans they have developed, HR managers need personnel. As a result, they lead their teams in a way that carries out the manager's goals and strategies. They assign tasks to the team members and keep tabs on their performance to assess their progress.
d. Controlling
One of the most significant managerial duties and obligations of an HR manager is this. In doing so, the HR manager monitors deviations, corrects them, and compares the results to the objectives. This entails tasks like audits and appraisals.
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would you like to go abroad for forieign employment ? why or why not? Give any two supportive reason
Answers
Answer:
yes (1) it would bring an opportunity to learn about foreign cultures, then helping in understanding clients and people in general. (2) if a new language is learned (or attempted) it can benefit other aspects, such as opening paths for trade or collaboration between two countries.
Which challenge leads to development of incorrect features and functionalities in IS?
A.
end user resistance
B.
quality issues
C.
lack of documentation
D.
project completion constraints
Answers
Answer:D
Explanation:
In the context of marketing management philosophies, a sales orientation aims at
Answers
Answer:
In the context of marketing management philosophies, a sales orientation aims at: Pushing manufacturers' products more aggressively to achieve high profits. A production orientation philosophy focuses on: Assessing the resources of a firm.
Davis Enterprises has 250,000 shares of $5 par value common stock outstanding. Davis declares $2 dividend on March 2, payable on April 2. The journal entry for the payment of the Cash dividend on April 2 is:_____
Answers
Answer with explanation:
Total shares = 250,000
Dividend per share = $ 2
Total dividend = (Total shares) x (dividend ) = 250,000 x 2 = $500,000
So, the journal entry for the payment of the Cash dividend on April 2 would be :
Date particular business transaction Debit Credit
April 2 Dividend payable A/c Dr. $500,000
To cash A/c Cr. $500,000
The journal entries that would take place in the books of Davis enterprises as on April 2nd will take effect as debit in dividend payable Ac which would in turn be credited to the Cash Ac.
Journal entries is a simple format of recording the financial transactions of an organization in a chronological manner as they keep occurring in the business.
There will be debit in dividend payable account which would lead to take entry in the cash ac in the ledger accounts of the organization, here, Davis Enterprises.There are 250000 share outstanding at the end of Davis Enterprises and the dividend of $2 has been declared per share which will lead to declaration of $500000 dividend in amount.This $500000 will be distributed proportionately among the shareholders of the firm by virtue of number of shares being held by them in their demat accounts as on the record date.Hence, the dividend of $500000 will be declared by Davis Enterprises and the journal entries are attached below.
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A long-term incentive is a type of
incentive given to employees that
is designed to be paid over
or longer.??
Answers
community hospital in a rual community operates the ambulance service. the hospital purchases a new ambulance for $150,000. they estimate a useful life of 10 years and a salvage value of $20,000. what is the annual charge for depreciation on this asset?
Answers
Answer:
$150,000×20,000=3.000.000.000
Explanation:
3.000.000.000÷10=300.000.000 years
2.1.3. Briefly explain the term Gross Domestic Product.
Answers
Answer:
it is the total value of goods produced and services provided in a country during one year.
Explanation:
City Architects were hired by John to convert his two family house into a three family house. However, John did not pay City Architects for the services they performed. As a result, City Architects filed a lien against John's house in an attempt to reclaim the money owed to them. What type of lien was filed against John's house
Answers
Answer:
Mechanic's Lien
Explanation:
The answer is a "Mechanic's Lien." A Mechanics Lien forces the client of a company to face the payments directly if he or she hasn't paid for the services they hired. In this case the City Architects using a Mechanics Lien forces John and lets him know that he needs to pay the architects for the work done on his home in a attempt to reclaim the money owed.
Hope this helps.
Robert has set-up a start-up business. You have been appointed as an accountant for his business. Prepare journal entries for the following
transactions
1. On January 1, 2015, Robert invested $50,000 in his business.
2. On January 4, 2015, Robert bought a laptop for $2,800 for business use.
3. On January 20, 2015, Robert received $13,000 for services rendered.
4. On January 23, 2015, Robert paid salaries to his staff for $3,500
Answers
Answer:
On January 1, 2015, Robert invested $50,000 in his business.
Date Account Debit Credit
January 1, 2015 Cash
50,000
January 1, 2015 Cash
50,000
On January 4, 2015, Robert bought a laptop for $2,800 for business use.
Date Account Debit Credit
January 4, 2015 Office Computer
2,800
January 4, 2015 Cash
2,800
On January 20, 2015, Robert received $13,000 for services rendered.
Date Account Debit Credit
January 20, 2015 Cash
13,000
January 20, 2015 Revenue
13,000
On January 23, 2015, Robert paid salaries to his staff for $3,500.
Date Account Debit Credit
January 23, 2015 Salaries
3,500
January 23, 2015 Cash
3,500
Explanation:
The initial cash outlay of a project is X is Rs 100,000 and it can generate cash inflow of Rs 40,000, Rs 30,000, Rs 50,000 and Rs 20,000 in year 1 through 4. Assume a 10 per cent rate of discount. Assume that a project Y requires an outlay of Rs 50,000 and yields annual cash inflow of Rs 12,500 for 7 years at the rate of 12%.
Answers
On the net present value analysis, project Y is expected to generate a higher return on investment compared to project X.
To evaluate the two projects, X and Y, we will calculate their net present value (NPV) using the given cash inflows, discount rate, and initial cash outlay.
For project X:
The cash inflows for each year are Rs 40,000, Rs 30,000, Rs 50,000, and Rs 20,000 for years 1 through 4, respectively.
The initial cash outlay is Rs 100,000.
The discount rate is 10%.
To calculate the NPV, we discount each cash inflow to its present value using the discount rate and subtract the initial cash outlay:
NPV(X) = (40,000 / (1 + 0.10)^1) + (30,000 / (1 + 0.10)^2) + (50,000 / (1 + 0.10)^3) + (20,000 / (1 + 0.10)^4) - 100,000
Simplifying the calculations:
NPV(X) = 36,363 + 24,793 + 34,979 + 13,167 - 100,000
= 9,302
The net present value (NPV) for project X is Rs 9,302.
For project Y:
The cash inflow for each year is Rs 12,500 for 7 years.
The initial cash outlay is Rs 50,000.
The discount rate is 12%.
Using the same formula as above, we calculate the NPV for project Y:
NPV(Y) = (12,500 / (1 + 0.12)^1) + (12,500 / (1 + 0.12)^2) + ... + (12,500 / (1 + 0.12)^7) - 50,000
Simplifying the calculations:
NPV(Y) = 11,161 + 9,960 + 8,888 + ... + 3,637 - 50,000
= 11,042
The net present value (NPV) for project Y is Rs 11,042.
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PepsiCo Ltd., has been having a lot of bugs in their network and so they have hired Suleiman to analyze the issue at hand, On inspection, he has come up with the solution that certain changes to the network must be done in order to make it functional. Which of the following statements should Suleiman consider while considering a change in a network?
a. change management procedures should consist of preparing a backup plan as well
b. change management procedures do not evaluate the cost of change of a plan
c. changes to a network can be done without keeping in view the effect of the change on its users and applications
d. changes to a network should be done when there are maximum users on the network
change management procedures should consist of preparing a backup plan as well
Answers
The following statements that Suleiman should consider while considering a change in a network is that change management procedure should consist of preparing a backup plan as well. The correct option is d.
What is a management procedure?A management procedure is a simulation-tested set of rules used to determine management actions, in which the data, assessment methods, and harvest control rules for implementing management actions are prespecified. An operational management procedure is defined as a management procedure that is currently being used to determine management actions or has been intensively tested by a competent management body to a level where it could be used in practice.
An important benefit of management procedures is they can be designed to satisfy a variety of pre-agreed management objectives.
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Which of the following is true about non- profits
A. Owners keep the profit
B. No money is made
C. Profits are put back into the business
D. Profits go to the public
Answers
Click this link to view O*NET’s Skills section for General and Operations Managers. Note that common skills are listed toward the top and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by General and Operations Managers? Select four options.
speaking
critical thinking
active listening
computer repair
reading comprehension
equipment selection
Answers
Answer:
i got bcde
Explanation:
abce
Explanation:
Describing Skills for General and Operations Managers
5. The process of production is complete
when...
A.goods of the right quality and
quantity reach the consumers.
B.the manufacturer produces a given
amount of goods.
C. retailers prepare goods for sale to consumers.
D. wholesalers buy goods from the
manufacturer.
Answers
The process of production is complete when retailers prepare goods for sale to consumers. Hence, Option C is correct.
What is the production process?Capital, labour, technology, land, and other resources are considered factors of production because they are utilised to produce output, which includes commodities and services.
One of the most crucial procedures in manufacturing is production, which is essential to understanding what it means to be a manufacturer. Without this activity, there would be nothing produced that could be sold to buyers as finished goods.
Therefore, Option C is correct.
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Hale’s TV Productions is considering producing a pilot for a comedy series in the hope of selling it to a major television network. The network may decide to reject the series, but it may also decide to purchase the rights to the series for either one or two years. At this point in time, Hale may either produce the pilot and wait for the network’s decision or transfer the rights for the pilot and series to a competitor for $100,000. Hale’s decision alternatives and profits (in thousands of dollars) are as follows:
State of Nature
Decision Alternative
Reject, s1
1 Year, s2
2 Years, s3
Produce pilot, d1
-100
50
150
Sell to competitor, d2
100
100
100
The probabilities for the states of nature are P(s1) = 0.20, P(s2) = 0.30, and P(s3) = 0.50. For a consulting fee of $5000, an agency will review the plans for the comedy series and indicate the overall chances of a favorable network reaction to the series. Assume that the agency review will result in a favorable (F) or an unfavorable (U) review and that the following probabilities are relevant:
P(F) = 0.69
P(s1 | F) = 0.09
P(s1 | U) = 0.45
P(U) = 0.31
P(s2 | F) = 0.26
P(s2 | U) = 0.39
P(s3 | F) = 0.65
P(s3 | U) = 0.16
Construct a decision tree for this problem.
What is the recommended decision if the agency opinion is not used? What is the expected value?
Answers
Answer:
To construct the decision tree, we can follow these steps:
1. Start with the initial decision nodes representing the two decision alternatives: "Produce pilot" (d1) and "Sell to competitor" (d2).
2. Assign the payoffs for each decision alternative under each state of nature.
3. Add chance nodes for each state of nature and connect them to the corresponding decision alternatives.
4. Assign the probabilities of each state of nature at the chance nodes.
5. Calculate the expected payoffs at each chance node by multiplying the payoffs with their respective probabilities and summing them up.
6. Determine the optimal decision by comparing the expected payoffs at the initial decision nodes.
Here is the decision tree for this problem:
| Produce pilot (d1)
| -100
|____________
/|\
/ | \
/ | \
/ | \
P(F) = 0.69 / | \ P(U) = 0.31
/ | \
/ | \
/ | \
/ | \
s1 / | \ s2
/ | \
/ | \
/ | \
/ | \
/ | \
50 | F U F | 100
| |
| |
| |
| s3 | s3
| |
150| F | 100
|_______________________________|
If the agency opinion is not used, the recommended decision would be to produce the pilot (d1) since it has a higher expected value compared to selling to the competitor (d2).
To calculate the expected value:
Expected value (d1) = (-100 * P(s1 | F) * P(F)) + (50 * P(s2 | F) * P(F)) + (150 * P(s3 | F) * P(F))
= (-100 * 0.09 * 0.69) + (50 * 0.26 * 0.69) + (150 * 0.65 * 0.69)
= -6.93 + 8.97 + 66.88
= 68.92
Expected value (d2) = (100 * P(s1 | U) * P(U)) + (100 * P(s2 | U) * P(U)) + (100 * P(s3 | U) * P(U))
= (100 * 0.45 * 0.31) + (100 * 0.39 * 0.31) + (100 * 0.16 * 0.31)
= 13.95 + 12.09 + 4.96
= 30
Comparing the expected values, the recommended decision is to produce the pilot (d1) with an expected value of 68.92.
As a new branch manager, explain how your personal values and principles will help you function effectively in your new position
Answers
My own beliefs and principles, such honesty, responsibility, and empathy, will direct my decision-making, communication, and team management as a new branch manager, creating a great work environment.
Why are a manager's personal values important?We may order the items on our "to do" lists according to how closely each one corresponds with the things that are truly essential to us when we have a clear understanding of our own values. Having a distinct set of personal values also aids in developing the credibility and trust necessary for effective leadership.
What are the responsibilities, functions, and talents of a manager? How can you become a successful manager?This will involve his capacity for working, inspiring others, communicating, leading, and comprehending others. Both persons and groups are included in this.
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Who makes it rain every summer
Answers
Answer:
Tlaloc
Aztec rain god.
Explanation:
Air that is warmer is able to evaporate more water into the atmosphere. An air mass with more water vapor available to precipitate will naturally create more precipitation. While this is not the only reason, it is the primary reason for greater rainfall in the Triad during the summer months.
Question 4 of 4
How impactful was high shipping demand on
customer questions?
Not
impactful
Extremely
impactful
Submit
Answers
Customers often have a lot of questions. Extremely impactful was high shipping demand on customer questions.
What is customer experience: This is simply known as the product of an interaction that exist between an organization and a customer.
Customer service is simply the assistance provided by a company to individuals who buy or use its products or services.
The questions of customers will help one to know if the high shipping demand is due to the needs of the customer.
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A common advantage of a promotion is that ______.
a.
You will have longer hours
b.
Your relationships with your peers will change
c.
You will receive better pay
d.
You may have to learn to do new tasks
Answers
Answer:
c. you will receive better pay
Explanation:
what is economic environments explain its elements components
Answers
Answer:
Economic Environment consists of Gross Domestic Product, Income level at national level and per capita level, Profit earning rate, Productivity and Employment rate, Industrial, monetary and fiscal policy of the government etc.
Explanation:
How do you know your Business is ready to partner with a Distributor?
Question 1 options:
You have the Sakes Staff to support it.
All of these Answers are right.
You have a strong Trucking and Delivery infastructure.
You have adequate Inventory Housing.
Answers
Answer:
All of these answers are right, but there are some additional factors that should also be considered when determining if your business is ready to partner with a distributor. Some of these factors include:
Product demand: Distributors are typically interested in partnering with businesses that have a proven track record of strong product demand. If your product is not yet well-established in the market, it may be more difficult to convince a distributor to partner with your business.Marketing and branding: If your business has a strong brand and marketing strategy, this can make it more attractive to potential distributors. Distributors want to partner with businesses that have a clear and compelling value proposition and a strong brand image.Financial stability: Distributors want to partner with businesses that are financially stable and have a strong track record of profitability. This can give them confidence that the partnership will be a mutually beneficial one.Scalability: Distributors want to partner with businesses that have the potential for growth and scalability. If your business has demonstrated that it can scale up production and increase sales, this can make it more attractive to potential distributors.Competitive advantage: Finally, distributors want to partner with businesses that have a competitive advantage in the market. This could be a unique product offering, a proprietary technology, or a strong distribution network. If your business has a strong competitive advantage, this can make it more attractive to potential distributors.Dents and Dings Auto Body buys paint with a list price of $33,000. If the supplier extends trade discounts of 30/35/20, what is the trade discount amount?
• $1,617
• $12,012
• $20,988
• $31,383
Answers
Answer:
20,988
Explanation:
Which of the following would most likely be the target audience for a product
advertised in the sports section of the newspaper?
O A. Adults over the age of 90
OB. Females over the age of 60
O C. Children between the ages of 3 and 10
OD. Males between the ages of 17 and 60
SUBMIT
Answers
Answer: D. Males between the ages of 17 and 60
Explanation:
For the year, Redder Company has cost of goods manufactured of $600,000, beginning finished goods inventory of $200,000, and ending finished goods inventory of $250,000. The cost of goods sold is
Answers
Answer:
finished cost = $200,000
inventory cost=$250,000
manufactured cost= $600,000
cost of good= beginning inventory+purchase during period cost- ending inventory
$600,000+$200,000-$250,000
$550,000