Last month Peggy Company had a $30,134 profit on sales of $290,000. Fixed costs are $80,066 a month. What sales revenue is needed for Peggy to break even? (Round your answer to the nearest dollar amount.) Multiple Choice O O $30,134 $320,134 $110,200 $210,700
Answers
Last month Peggy Company had a $30,134 profit on sales of $290,000. Fixed costs are $80,066 a month. 79,300, sales revenue is needed for Peggy to break even. Thus, option (e) is correct.
"Peggy Company"
Contribution margin = total contribution/ total sales
Contribution = Fixed cost + profitContribution = $80,066 + $30,134Contribution = 110200Contribution to sales ratio = Contribution / Sales revenue × 100
Contribution to sales ratio = 110200 / $290,000 × 100Break-even Sales revenue = 38%Break-even sales revenue = $30,134 / 0.38Break-even sales revenue = 79,300Therefore, option (e) is correct.
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Your question is incomplete, but most probably the full question was.
Last month Peggy Company had a $30,134 profit on sales of $290,000. Fixed costs are $80,066 a month. What sales revenue is needed for Peggy to break even? (Round your answer to the nearest dollar amount.) Multiple Choice
$30,134 $320,134 $110,200 $210,700$79,300Related Questions
HELP ASAP!!!!!! Which of the following is true of bureaucratic
organizational structures? Choose all that apply.
They are hierarchical.
They are common to small businesses.
Roles are undefined.
Responsibilities are defined.
Tasks are usually standardized.
Answers
They are hierarchical.
They are common to large corporations.
Responsibilities are defined.
Tasks are usually standardized.
A pyramidal command structure is characteristic of a bureaucratic organization. The bureaucratic structure is well-organized, and it operates with a high degree of formality.
The Options which are correct are a,b,d and e.
Reasons for the same are:
Option A is correct as yes they are hierarchical in nature as The organization is hierarchical, which means there are clearly defined levels of management, with lower levels reporting to higher levels and higher levels reporting to lower levels. Option B is correct as the bureaucratic organization is the system which is commonly used in small companies. Option D is correct as defined responsibilities are one of the characteristics of a bureaucratic organization. Option E is correct as Tasks in the bureaucratic organization are standardized.Option C is incorrect as roles in the bureaucratic organization are defined.
A bureaucrat's job is to put government policy into action, to put laws and decisions made by elected authorities into practice. Public administration is the process of administering a government and providing services through policy execution.
Thus Option A, B, D and E are correct options.
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In the current year, Poplar City paid $5,000 interest and $20,000 principal on its outstanding general obligation bonds. The payment was made from a debt service fund using cash transferred earlier the same year from the general fund. How should the city report the expenditures
Answers
Answer: General fund: 0
Debt service fund: $25,000
Permanent: 0
Explanation:
From the question, we are informed that in the current year, Poplar City paid $5,000 interest and $20,000 principal on its outstanding general obligation bonds and that the payment was made from a debt service fund using cash transferred earlier the same year from the general fund.
The city report the expenditures in the following way:
General fund: 0
Debt service fund: $25,000
Permanent: 0
The debt service funds is simply the addition of $20,000 principal and the $5000 interest.
Geraldo is talking about his new job with his brother. He says he likes this job better than his previous jobs because now he feels respected, and he knows he is doing important work. He has always felt a need to feel this way at work, and now he finally does. Geraldo is describing how his job meets his need for.
Answers
Geraldo is describing how his job meets his need for esteem.
What is esteem?
Esteem simply means to know the worth of a person by giving them the respect they worth or to be respected.
Based on the given scenario Geraldo is describing how his job meets his need for esteem because he now feel respected in his new place of work than is former place of work.
Inconclusion Geraldo is describing how his job meets his need for esteem.
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Which of the following securities has the highest priority with regard to the distribution of both earnings and proceeds from the liquidation of assets of a firm?
corporate bonds
proffered stock
common stock
ADRs
Answers
Corporate Bonds has the highest priority with regard to the distribution of both earnings and proceeds from the liquidation of assets of a firm. Common stock is the last among them.
Similar to an IOU, a bond is a debt obligation. By purchasing corporate bonds, investors are making a loan to the corporation issuing the bond. In exchange, the business agrees in writing to pay interest on the principal when the bond matures and, in most situations, to return the principal.
For instance, a $1,000 face value, five-year, zero-coupon bond could be bought by an investor for $800. When the bond reaches maturity, the business pays $1,000, which is equal to the $800 purchase price plus interest, or the $200 original issue discount, for the first five years.
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Ginger borrowed $3,000 from the bank, and promised to pay it back in 10 years. What is her debt maturity?
A. 3 years
B. 10 years
C. 5 years
Answers
The second option, debt maturity 10 years, is the correct one.
What exactly is debt maturity?Maturity refers to the number of years remaining until the original maturity period, which is the sum of the grace and installment periods. The grace period for principal is the time between signing the loan or issuing the financial instrument and the first repayment of principal. Debt maturity structure can have financial and real-world consequences. Short-term debt, typically defined as debt maturing within a year, exposes depositors to rollover risk (when financing terms are renegotiated to the borrower's detriment) and is associated with banking meltdown.
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ceo jack welch created a competitive advantage for general electric by subdividing the company into strategic business units (sbus) with individual strengths and concentrations. ge created a competitive advantage by focusing on:
Answers
By separating General Electric into strategic business units (SBUs) with distinct strengths and concentrations, CEO Jack Welch gave the corporation a competitive edge. GE focused on the following to gain a competitive edge: Core Capabilities.
Seneca, a Roman philosopher, famously remarked that luck is what results when opportunity and preparation coincide. A accidental encounter that results in a job interview or a sudden resignation from a boss that opens the door to a fast-tracked promotion are examples of how serendipity might generate opportunities, but nothing allows.
The relative market share (which indicates profitability through economies of scale) and market growth rate are the two dimensions of the BCG matrix (indicating market attractiveness).
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For a given level of money growth, a two percent increase in the long-run growth rate of real gdp will correspond to.
Answers
For a given stage of the money boom, a percentage increase inside the lengthy-run boom rate of actual GDP will correspond to 35 years
If a financial system grows at 2% per 12 months, it's going to take 70 / 2 = 35 years for the scale of that financial system to double.
GDP = non-public intake + gross non-public investment + authorities funding + authorities spending + (exports – imports). GDP is commonly calculated by means of the country-wide statistical corporation of the USA following global popularity.
The price of boom document shows that real GDP has grown approximately 3.2 percent in keeping with year among 1950 and 2009, and real GDP in keeping with capita has grown approximately 2 percent consistent with year.
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Let's say that the economy consists of 100 people. Each person is to divide 1 unit of time between work and leisure given the wage rate w (paid on the labor market). Each person also receives dividends of T. The final total profit of this firm is n. The person's utility function depends on consumption c and leisure I and it is assumed to satisfy u(c, l) = 0 ln(c) + (1 - 0) ln(l), where 0 € (0, 1). On the flip side of the market, there are firms who hire workers and produce output. The representative firm operates with a Cobb-Douglas production technology Y = 2K ¹N ², Z = total factory productivity K = fixed amount of capital. Each of these firm's employees receive a wage of w (total labor cost of the firm is equal to wN). The profit is then given back equally to the shareholder as dividend income. G=0 0=3,2=1, K = 1600. Let's say initially 1. Write the equation that will show relation between each person's dividend income and firms total profit П. 2. Write the consumers budge constraint and maximization problem. Plot these 3. Write down the maximization problem of the firm. 4. Write down the government budget constraint. 5. Find the equilibrium price w, allocations c, N
Answers
The equation T = П / 100 relates each person's dividend income (T) to the firm's total profit (П), distributing profit equally among the 100 individuals.
The consumer's budget constraint, c + w - T = 1, constrains consumption (c), wage income (w), and dividend income (T), while the maximization problem aims to optimize utility subject to the budget constraint. Firm maximization problem and equilibrium price w are not provided.
The equation T = П / 100 represents the relationship between each person's dividend income (T) and the firm's total profit (П). Since there are 100 people in the economy, the total profit is divided equally among them, resulting in each person's dividend income being equal to the total profit divided by 100.
The consumer's budget constraint, c + w - T = 1, defines the limitations on the individual's consumption (c), wage income (w), and dividend income (T). It states that the sum of consumption, wage income, and dividend income should equal 1 unit of time available to each individual, indicating that all income must be allocated between consumption, leisure, and other expenses.
The consumer's maximization problem involves maximizing the utility function u(c, l) = 0 ln(c) + (1 - 0) ln(l), where c represents consumption and l represents leisure. The objective is to find the combination of consumption and leisure that maximizes the individual's utility, subject to the budget constraint. By solving this problem, the optimal levels of consumption and leisure can be determined.
The information provided does not include the maximization problem of the firm, which would involve determining the optimal combination of inputs (capital and labor) to maximize output or profit based on the Cobb-Douglas production technology given.
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The cornerstones of Shackleton's leadership behavior do NOT include _____.
a. maintaining a positive attitude
b. communicating a vision
c. leading by example
d. keeping records
Answers
The cornerstones of Shackleton's leadership behavior, which are widely studied and admired, are centered around his exceptional leadership style in the context of his polar expeditions. Here option D is the correct answer.
The key features of Shackleton's leadership behavior are well documented, and they include Maintaining a positive attitude: Shackleton believed that maintaining a positive attitude was crucial to the success of his team. He demonstrated this by staying optimistic and hopeful, even in the face of adversity.
Communicating a vision: Shackleton was a master at communicating his vision to his team. He was able to articulate a clear goal and inspire his team to work towards it with enthusiasm.
Leading by example: Shackleton was known for leading by example. He was always the first to take on the most difficult and dangerous tasks, and he demonstrated a strong work ethic and commitment to the team.
Shackleton's leadership behavior is characterized by a positive attitude, effective communication, leading by example, and a strong focus on achieving his vision, but not by keeping detailed records.
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A schedule is identical to a timeline. please select the best answer from the choices provided
true
false
Answers
True. The terms "schedule" and "timeline" are sometimes used interchangeably to describe a visual depiction of a list of events, tasks, and their associated due dates.
While a schedule and a timeline both show events or activities in chronological sequence, there are some significant variations between the two. An structured plan with more exact dates, times, and deadlines for work or events is called a timetable. More details regarding each event, such as the place, time frame, and parties in charge, are frequently included. Contrarily, a timeline is a condensed portrayal of events or actions over a period of time, sometimes displayed as a linear graph. Timelines sometimes don't contain as much specificity as schedules and are intended to provide a high-level summary of events or milestones. A timetable and a timeline are similar, yet they have distinct uses and offer various levels of information.
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Answer:
False
Explanation:
A timeline focuses on dates and tasks, while a schedule just focuses on dates.
3 Do you think the conflict of interests between these different stakeholder groups could ever be resolved? Explain your answer. [10]
Answers
Answer:
t is possible to resolve conflicts of interest between groups of stakeholders using some techniques and strategies that seek to integrate stakeholders and promote agreements that benefit everyone.
Explanation:
Managing conflicts is not a simple task, so it requires substantial efforts by the entire administration to develop the best strategies for resolving conflicts. It is essential that there is an understanding of the reasons that led to the conflicts and the search for solutions that benefit the greatest possible number of stakeholders.
In a conflict situation, communication is an essential tool in the resolution, it is necessary to know how to listen to all parties and be transparent about the search for an agreement that benefits everyone. It is necessary to integrate the teams and make each one feel heard and understood with regard to conflict and claims. The search for solutions must be the main objective when resolving a conflict, when managed effectively, it is possible to eliminate the reason for the conflicts and even make the teams more motivated at work.
Brainliest and 50 points!!!
Why would an employer ask about an applicant’s honors, awards, and activities?
Respond in 3-4 well written sentences:
Answers
Answer:
Explanation:
To show that you have special skills and what your areas of expertise are.
Answer:
There are multiple reasons employers would want to know about honors, awards, and activities. The first reason is to see if you are hard-working or not, if you have many awards and whatnot, employers will see that you have a good drive to get things done, clubs and activity you’ve participated in shows that you’re a team worker. It can also show your areas of expertise and can show your special skills and abilities.
Explanation:
I took the last part from the other answer but I do flvs career research and this was correct for me
What is the richest person in the world right now?
What is the best money making job in the U.S?
Can you get your job back after getting fired?
Answer all please.
Brainliest included.
Thank you.
Answers
2: I would say a doctor or pilot?
3: Yes you can. However, it will be difficult trying to convince your employer.
*ECONOMICS* help pls
What is one of the biggest drawbacks to starting a sole proprietorship?
A. It is extremely complicated to set up.
O B. There is likely to be conflict between owners.
C. Shareholders can remove the owner from the company.
O D. The owner takes on all risk and liability.
Answers
Answer:
its D
Explanation:
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The biggest drawbacks of starting a sole proprietorship is that the owner takes on all risk and liability.
What is a sole proprietorship?This is a form of business ownership that is runned by one person who also personally earns profit and pay his tax.
However,the biggest drawbacks of starting a sole proprietorship is that the owner takes on all risk and liability.
Therefore, the Option D is correct.
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Is debt finance the same as debt capital?
Answers
Answer:
no they are not the same hope this helps
select the correct statement(s) regarding shared ethernet lans.
Answers
Shared Ethernet LANs refer to a network architecture where multiple devices are connected to a single network cable.
The devices share the same bandwidth, and the communication is carried out through the use of CSMA/CD (Carrier Sense Multiple Access with Collision Detection) protocol. In shared Ethernet LANs, all devices receive the same data, and it is up to each device to decide whether the data is intended for them or not. There are several statements related to shared Ethernet LANs, and the correct ones are:
1. Shared Ethernet LANs are prone to network congestion and collisions due to shared bandwidth.
2. Shared Ethernet LANs have a maximum distance limitation between devices due to signal attenuation and other factors.
3. Shared Ethernet LANs can have a limited number of devices connected due to signal degradation.
4. Shared Ethernet LANs can be easily implemented and are cost-effective compared to other LAN architectures.
In conclusion, shared Ethernet LANs have advantages and disadvantages, and the correct statements related to them depend on the specific context and the network requirements.
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Diversification among multiple asset classes reduces the:I. market risk of the portfolioII. marketability risk of the portfolioIII. standard deviation of portfolio returnsa. I onlyb. II and III onlyc. I and III onlyd. I, II, III
Answers
Diversification among multiple asset classes reduces the c. I and III only.
A portfolio's market risk can be decreased by diversifying among several asset types, such as stocks, bonds, real estate, and others. The risk associated with a particular asset class or investment is reduced in the portfolio by investing in other asset classes that are not completely connected with one another. The success of other asset classes may more than makeup for losses in one asset class, lowering the portfolio's total market risk. However, diversification does not always lessen marketability risk, which is the danger of being unable to promptly or fairly sell an asset.
Marketability risk is influenced by a number of variables, including liquidity, trading volume, and market circumstances; diversification may not be enough to completely minimise this risk. The standard deviation of portfolio returns, a measurement of the portfolio's volatility or riskiness, can be decreased through diversification as well. The returns on the portfolio may become less volatile, resulting in a reduced standard deviation, by spreading investments over several asset classes.
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Review the table below. Highlight or circle the option for Property Damage coverage you would purchase. In the box below, explain why you chose your selection.
Helps you pay for another person's property (car, house, fence, mailbox, etc) in a car accident when you are at fault
No deductible, just pay your premium, and you are covered up to the limit
Basic
$15,000
$20
Moderate
$25,000
$45
Enhanced
$50,000
$60
Answers
I recommend selecting "Enhanced coverage", which offers $50,000 of Property Damage coverage at an annual premium cost of $60.
Why the selection is pickedAs it provides maximum coverage for property damage, I would choose this option because of its comprehensive nature - especially important if a car accident was my responsibility and damaged another party's assets.
While Basic coverage might be cheaper, $15,000 might not cover all costs related to property damage for more costly items like houses or cars. Moderate provides slightly more coverage than Basic option; while enhanced provides higher limits with minimal additional premium costs - both are worthwhile investments for added peace of mind and protection.
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explain the change that occurred in the early 1970s among large corporations, especially in response to the philosophy of economists like milton fried
Answers
Milton Friedman became an American economist who encouraged for free-marketplace capitalism.
The required details for Milton Friedman in given paragraph
Milton Friedman became an American economist and statistician who acquired the 1976 Nobel Memorial Prize in Economic Sciences for his studies on consumption analysis, monetary records and concept and the complexity of stabilization policy. With George Stigler and others, Friedman became some of the highbrow leaders of the Chicago college of economics, a neo classical college of monetary thought related to the paintings of the college at the University of Chicago that rejected Keynesianism in desire of monetarism till the mid-1970s, while it became to new classical macroeconomics closely primarily based totally at the idea of rational expectations.
Several students, younger professors and lecturers who have been recruited or mentored through Friedman at Chicago went directly to come to be main economists, including Gary Becker, Robert Fogel, Thomas Sowel and Robert Lucas Jr.
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Which statement best explains why the United States grew into a world
economic power in the 20th century?
O A. The United States prevented other countries from abandoning the
gold standard.
O B. The United States increased its participation in international trade.
C. The United States put effective trade barriers in place to limit trade
with other nations.
D. The United States stayed out of major world wars and instead
made economic investments.
Answers
Answer:
B. The United States increased its participation in international trade.
Explanation:
The correct option is - B. The United States increased its participation in international trade.
PLEASE HELP!!1
Describe the concept of economics of scale. How does it relate to productivity?
Answers
Answer:
the phenomenon where the average costs per unit of output decrease with the increase in the scale or magnitude of the output being produced by a firm.
Explanation:
will give brainliest
Answers
Unlike need satisfaction selling, stimulus response selling focuses on customers rather than on salespeople. Question 13 options: True False
Answers
it is true that the stimulus response selling focuses on customers rather than on salespeople unlike need satisfaction selling
What is stimulus response sales?A sales technique of Stimulus Response is an approach that emphasizes on saying the right thing at the right time to convince the buyer along a question-answer sequence in the negotiation of sales.
Therefore, it is true that the stimulus response selling focuses on customers rather than on salespeople unlike need satisfaction selling
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what is jeffrey m perloff microeconomics 6th edition solutions?
Answers
Jeffrey M. Perloff is an author and professor of agricultural and resource economics at the University of California, Berkeley. He has written several textbooks on microeconomics, including "Microeconomics: Theory and Applications with Calculus" (6th edition).
The "Microeconomics: Theory and Applications with Calculus" (6th edition) textbook includes a number of solutions to problems and exercises presented throughout the book. These solutions are intended to help students better understand the concepts and applications of microeconomics, and to aid in their learning and problem-solving process. The solutions manual may be available for purchase separately from the textbook, or it may be provided as a supplement to instructors who adopt the textbook for their courses. It contains detailed explanations of the steps involved in solving the problems and exercises presented in the textbook, as well as additional practice problems and exercises for students to work through.
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Randy produces rubber gaskets for model airplane engines, and his strategy focuses on being the lowest cost provider for this market. what competitive strategy is randy employing?
Answers
The competitive strategy used by the Randy is Cost focus techniques.
What is Competitive Strategy?A competitive strategy refers to the strategy used by the businessman and the companies in order to earn competitive advantage over the others. It is the set of techniques and policies used by the company to improve its competitive position.
There are three types of the competitive strategy that is : Cost Leadership, Differentiation and Focus. In this Cost focus, strategy refers to the technique in which the competition is made on the basis of the lower cost to attract the customers.
Therefore, it can be concluded that Cost focus techniques are used in the above scenario.
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_______ is a type of projective technique that offers consumers the chance to fill in the conversation of cartoonlike stories.
ZMET
Consumer report
Storytelling
Dialogue balloon
Answers
Dialogue balloon is a type of projective technique that offers consumers the chance to fill in the conversation of cartoon-like stories.The correct answer is dialogue balloon.
A dialogue balloon is a visual element commonly used in comics, cartoons, and graphic novels to depict speech or thoughts of characters.
In market research and consumer studies, the concept of a dialogue balloon is used as a projective technique to gather insights and understand consumers' thoughts, feelings, and attitudes.
During research or survey processes, consumers are presented with cartoon-like stories or scenarios that contain characters with empty dialogue balloons.
Participants are then asked to fill in the conversation or thoughts of the characters. This technique allows consumers to project their own thoughts, opinions, and emotions onto the characters, providing valuable qualitative data and insights into their perspectives and perceptions.
By engaging consumers in storytelling and allowing them to fill in the dialogue, researchers can uncover deeper insights and understandings about consumer behavior, preferences, motivations, and desires.
This technique taps into consumers' creativity and imagination, providing a unique and interactive way to gather information and gain a deeper understanding of their experiences.
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Your savings will grow faster with monthly interest compounding than with quarterly interest compounding for a given nominal interest rate.T/F
Answers
Its True because your savings will grow faster with monthly interest compounding than with quarterly interest compounding for a given nominal interest rate.
This is because monthly compounding results in interest being calculated and added to your savings more frequently, leading to a higher overall return. On the other hand, with quarterly compounding, the interest earned in each quarter is added to the principal, and the subsequent interest is then calculated based on the increased principal amount. This means that the interest earned in each subsequent quarter will be calculated on a higher principal amount, but less frequently compared to monthly compounding, resulting in slower growth of savings.
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The agency whose job it is to enforce anti-discrimination and other employment laws is called the _____. Multiple choice question.
Answers
The agency whose job it is to enforce anti-discrimination and other employment laws is called the Equal Employment Opportunity Commission (EEOC).
The Equal Employment Opportunity Commission has the power to enforce federal anti-discrimination laws, such as Title VII of the Civil Rights Act of 1964, which prohibits employment discrimination based on race, color, national origin, sex, and religion; the Age Discrimination in Employment Act (ADEA), which prohibits employment discrimination against individuals 40 years of age or older; and the Americans with Disabilities Act (ADA), which prohibits discrimination against individuals with disabilities in employment, transportation, public accommodations, communications, and governmental activities.
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The agency whose job it is to enforce anti-discrimination and other employment laws is called the _____.
A person has $50,000 in taxable income for a year and pays a 10 percent income tax rate, equal to $5,000. Which action would reduce the amount the person paid in taxes to $1,000?
A.
Receiving a $4,000 tax deduction
B.
Receiving a $4,000 tax credit
C.
Receiving a $49,000 tax deduction
D.
Receiving a $49,000 tax credit
Answers
Taxable income is the term used to describe the basis of an income tax system and the correct option in the given situation is (B) receiving a $4,000 tax credit.
What is taxable income?The base of an income tax system is referred to as taxable income.
In other words, the amount of revenue that was subject to taxation.
In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions.
Depending on the nation or system, different amounts are included as income, costs, and other deductions.
Many systems stipulate that some expenses cannot be deducted when calculating taxable income and that certain types of income are not taxable (often referred to as non-assessable income).
So, in the given situation where:
$50,000 is the taxable income
10% is the income tax rate which is $5000.
The amount paid in taxes would be $1000.
Then, the action required would be: Receiving a $4,000 tax credit
Therefore, taxable income is the term used to describe the basis of an income tax system and the correct option in the given situation is (B) receiving a $4,000 tax credit.
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Which stakeholder groups does ceo mark tercek identify as potential partners in advancing environmental causes?.
Answers
Businesses, governments, and environmental groups are CEO Mark Tercek identified as potential partners in advancing environmental causes.
MARK TERCEK ENVIRONMENTAL OPINIONMark Tercek is a former CEO of The Nature Conservancy, a senior investment banker at Goldman Sachs, and a current member of RFF's President's Council. Tercek describes how major corporations, such as Micr0soft and Stripe, have recently announced extensive environmental plans and committed to new levels of transparency, in part because corporate leaders are becoming more aware of the economic implications of climate change and want to demonstrate to the public that they are making the necessary changes.
While concerns about greenwashing have long made environmentalists cautious of corporate climate ambitions, Tercek reflects on his experience leveraging private funds to safeguard environmental health and argues that a consensus between top firms and environmental organizations is achievable.
In his opinion, the commercial sector (companies and governments) and the environmental community should invest more in getting to know one another better and learning how to collaborate more effectively. This makes perfect sense if individuals believe that the private sector may be one of the most significant drivers of environmental development. However, they are the causes of everything that occurred today.
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