SECTION A [100 MARKS] Answer ALL the questions in this section. Prepare the Statement of Comprehensive Income for the year ended 28 February 2022. (20 Marks) INFORMATION The following information was obtained from the accounting records of Jupiter Traders for the financial year ended 28 February 2022.
JUPITER TRADERS PRE-ADJUSTMENT TRIAL BALANCE AS AT 28 FEBRUARY 2022 Debit (R) Credit (R) Balance sheet accounts section Capital 1 901 000 Drawings 352 620 Land and buildings 1 400 000 Vehicles at cost 1 000 000 Equipment at cost 800 000 Accumulated depreciation on vehicles 600 000 Accumulated depreciation on equipment 400 000 Fixed deposit: Medi Bank (8 % p.a.) 250 000 Trading stock 135 000 Debtors control 217 000 Provision for bad debts 11 000 Bank 163 730 Creditors control 228 600 Loan: Medi Bank (18% p.a.) 350 000 Nominal accounts section Sales 2 863 000 Cost of sales 1 045 000 Sales returns 40 000 Salaries and wages 607 000 Bad debts 22 000 Stationery 33 000 Rates and taxes 90 000 Motor expenses 149 000 Repairs and maintenance 26 000 Telephone 50 000 Electricity and water 75 000 Bank charges 9 000 Advertising 97 000 Interest on fixed deposit 16 000 Rent income 191 750 6 561 350 6 561 350
Answers
To prepare the Statement of Comprehensive Income for the year ended 28 February 2022, we need to calculate the net profit by deducting all the expenses from the revenues.
Here's the breakdown:
Statement of Comprehensive Income
For the Year Ended 28 February 2022
Revenues:
Sales R 2,863,000
Less: Sales returns R (40,000)
Net Sales R 2,823,000
Cost of Sales R 1,045,000
Gross Profit R 1,778,000
Operating Expenses:
Salaries and Wages R 607,000
Bad Debts R 22,000
Stationery R 33,000
Rates and Taxes R 90,000
Motor Expenses R 149,000
Repairs and Maintenance R 26,000
Telephone R 50,000
Electricity and Water R 75,000
Bank Charges R 9,000
Advertising R 97,000
Total Operating Expenses R 1,158,000
Operating Profit (Net Profit before Interest and Tax) R 620,000
Other Income:
Rent Income R 191,750
Interest on Fixed Deposit R 16,000
Total Other Income R 207,750
Profit before Interest and Tax R 827,750
Interest Expense:
Interest on Loan R 63,000
Profit before Tax R 764,750
Income Tax Expense:
(Tax Rate: Assume applicable tax rate) R (_______)
Net Profit R ________
In this statement, we have calculated the gross profit by subtracting the cost of sales from the net sales. Then, we deducted the operating expenses to obtain the operating profit. Other income, such as rent income and interest on fixed deposit, was added to the operating profit to arrive at the profit before interest and tax. Finally, we deducted the interest expense to obtain the profit before tax.
Note: The income tax expense is not provided in the information given. Please fill in the applicable tax rate and calculate the income tax expense to complete the statement.
Most Takeaway: The company's gross profit of R1,778,000 indicates the profitability of its core operations, while other income from rent and fixed deposit interest contributes to the overall profit before tax.
Criticism: The absence of the income tax expense hinders a complete analysis of the company's financial performance and profitability after tax.
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Related Questions
A power point can only strengthen your presentation.
True or False
Answers
Answer:
True
Explanation:
because it gives mor information
Which of the following has been viewed by some historians as an indication of strong anti-Catholic sentiment in the presidential election of 1928?
A. the increased political activity of the KKK
B. the failure of the farm bloc to go to the polls
C. Alfred E. Smith's choice of Arkansas senator Joseph T. Robinson as his running mate
D. Alfred E. Smith's failure to carry a solidly Democratic South
E. Herbert Hoover's use of "rugged individualism" as his campaign slogan
Answers
D. Alfred E. Smith's failure to carry a solidly Democratic South- is the correct option.
What distinguished the 1928 presidential contest?President elected-
Hoover won a third consecutive Republican landslide and gained significant ground in the usually Democratic Solid South by taking a number of states that had not supported a Republican since the end of Reconstruction.
What was the American attitude toward Catholics?In the 1920s, anti-Catholicism was pervasive; it was believed by anti-Catholics, including those in the Ku Klux Klan, that Catholicism was incompatible with democracy and that parochial schools fostered separatism and prevented Catholics from becoming devoted Americans.
Smith was the first Roman Catholic to get a major party's presidential nomination in the US. His campaign for president in 1928 energized both Catholic and anti-Catholic supporters.
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PLEASE HELP ASAPP
PLEASE MAKE THE ANSWER CLEAR EASY TO UNDERSTAND YOU DONT NEED TO EXPLAIN THANK YOU.
Answers
Answer:
health insurance/current total (gross NOT net) and move your decimal over =%
Explanation:
If Company A has a shareholders' deficit, which of the following can it do to improve its debt-to-equity ratio?
O increase its advertising budget to draw in more customers
O borrow money from the bank to buy new equipment
o invest in new facilities to draw in more customers
O sell off part of its inventory and/or equipment
Answers
Answer:
sell off part of its inventory and or equipment
Explanation:
Debt/Equity=
Total Shareholders’ Equity /
Total Liabilities
Why do most businesses fail in their first year?
A. Lack of trained employees B. Lack of planning
C. Poor choice of location
D. Lack of interest
Answers
The reason that most businesses fail in their first year is B. Lack of planning.
What is a business plan?A business plan has been defined as is a detailed formal written document, which startups and other businesses use to define their business goals, the methods for attaining those goals (from the marketing, financial, and operational point of view), and the time-frame for their achievement.
It may not be lack of trained employees, poor choice of location, or lack of interest, but it usually starts with lack of planning.
Thus, the reason for business failures in the first year is Option B.
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Your personal credit reflects:
A. debt versus investments
B. investments versus income
C. Debt versus number of cards
D. income versus debt
Answers
Answer:
the letter C
Explanation:
pa brainliest nalang po kung tama
Your personal credit reflects income versus debt. Option D is an appropriate response.
What is personal credit?The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.
Building personal credit involves being reliable when it comes to making on-time, complete payments on all of your debts, including credit card bills, vehicle loans, and mortgages. Your credit score rises as a result. It's crucial to keep in mind that your personal and corporate credit should not be combined.
That which a person possesses personally and which is based on the perceptions held of his moral integrity and professional position.
Your personal credit reflects income versus debt.
Hence, Option D is an appropriate response.
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Versatility Construction Services takes on both residential and commercial construction projects with a strong focus on new construction. Versatility wants all of its projects—which include residential developments, retail spaces, manufacturing facilities, and hospitals and other public facilities—to meet LEED standards. To ensure this, which types of LEED-certified professionals should Versatility employ? (Select all that apply.)
answers
Building Design + Construction
Interior Design + Construction
Homes
Operations + Maintenance
Answers
To ensure that all of its projects meet LEED standards, Versatility Construction Services should employ the following types of LEED-certified professionals:
Building Design + Construction professionalsInterior Design + Construction professionalsOperations + Maintenance professionalsWhat is LEED?LEED for Building Design + Construction (BD+C) is intended for professionals who design and construct new buildings, including residential developments, retail spaces, manufacturing facilities, and public facilities such as hospitals. LEED for Interior Design + Construction (ID+C) is intended for professionals who design and construct interior spaces within existing buildings. Both BD+C and ID+C professionals can help ensure that Versatility's projects meet LEED standards.
LEED for Homes is intended for professionals who design and construct residential homes, so it may not be as relevant for Versatility's commercial projects. LEED for Operations + Maintenance (O+M) is intended for professionals who operate and maintain existing buildings, so it may also be less relevant for Versatility's new construction focus.
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Give 3-5 examples of how FDR mentioned land labor and capital public works as part of the engine of economic
recovery.
HERE IS THE PASSAGE: "I am certain my fellow Americans......This great Nation will endure as it has endured, will revive and will prosper. So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself—nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance. In every dark hour of our national life a leadership of frankness and vigor has met with that understanding and support of the people themselves which is essential to victory. In such a spirit on my part and on yours we face our common difficulties. They concern, thank God, only material things. Values have shrunken to fantastic levels; taxes have risen; our ability to pay has fallen; government of all kinds is faced by serious curtailment (reduction) of income; the withered leaves of industrial enterprise lie on every side; farmers find no markets for their produce; the savings of many years in thousands of families are gone. More important, a host of unemployed citizens face the grim problem of existence, and an equally great number toil with little return. Only a foolish optimist can deny the dark realities of the moment. Yet our distress comes from no failure of substance. Nature still offers her bounty and human efforts have multiplied it. Plenty is at our doorstep, but a generous use of it languishes in the very sight of the supply. The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit. Happiness lies not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort. The joy and moral stimulation of work no longer must be forgotten in the mad chase of evanescent profits. These dark days will be worth all they cost us if they teach us that our true destiny is not to be ministered unto but to minister to ourselves and to our fellow men. This Nation asks for action, and action now. Our greatest primary task is to put people to work. This is no unsolvable problem if we face it wisely and courageously. It can be accomplished in part by direct recruiting by the Government itself, treating the task as we would treat the emergency of a war, but at the same time, through this employment, accomplishing greatly needed projects to stimulate and reorganize the use of our natural resources. Hand in hand with this we must frankly recognize the overbalance of population in our industrial centers and, by engaging on a national scale in a redistribution, endeavor to provide a better use of the land for those best fitted for the land. It can be helped by preventing realistically the tragedy of the growing loss through foreclosure of our small homes and our farms... It can be helped by the unifying of relief activities which today are often scattered, uneconomical, and unequal. It can be helped by national planning for and supervision of all forms of transportation and of communications and other utilities which have a definitely public character. There are many ways in which it can be helped, but it can never be helped merely by talking about it. We must act and act quickly. ...I shall ask the Congress for the one remaining instrument to meet the crisis—broad Executive power to wage a war against the emergency, as great as the power that would be given to me if we were in fact invaded by a foreign foe."
Answers
FDR's remarks indicate the importance of utilizing land, labor, and capital through employment, public works projects, redistribution of land, and national planning to overcome the economic challenges of the time and stimulate recovery.
In the provided passage, President Franklin D. Roosevelt (FDR) mentions several ways in which land, labor, and capital are part of the engine of economic recovery. Here are three examples:
Employment and Public Works: FDR emphasizes the importance of putting people to work as the primary task. He suggests direct recruiting by the government and treating the task as an emergency, similar to war efforts. Through this employment, he mentions the accomplishment of greatly needed projects to stimulate and reorganize the use of natural resources. This indicates the utilization of labor and capital in public works projects to boost economic activity.
Redistribution of Land: FDR acknowledges the overbalance of population in industrial centers and highlights the need for a national-scale redistribution of population, engaging those best fitted for the land. This implies a focus on utilizing available land resources more efficiently and matching individuals' skills to suitable areas, harnessing the potential of both land and labor.
National Planning and Supervision: FDR suggests that relief activities, transportation, communications, and other utilities with a public character should be unified and subject to national planning and supervision. This implies a centralized approach to coordinate and optimize the use of resources, including land, labor, and capital, for more effective economic recovery.
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A(n) _____ transistor is formed by sandwiching a thin layer of N-type material between two layers of P-type material.
Answers
A(n) NPN transistor is formed by sandwiching a thin layer of N-type material between two layers of P-type material.
The most commonly used transistor configuration is the NPN Transistor. We also learned that the junctions of the bipolar transistor can be biased in one of three different ways – Common Base, Common Emitter, and Common Collector.
NPN transistor is a semiconductor in which the positively charged is sandwiched between two negatively charged.
In the NPN transistor, it reverse-biases the collector-base junction and is forward- biases the emitter-base junction.
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the auditors conclude that an entity's illegal act, which has a material effect on the financial statements, has not been properly accounted for or disclosed. depending on the overall materiality and pervasiveness of the effect of this illegal act on the financial statements, the auditors should express either a(n)
Answers
The auditors should express either a(n)qualified opinion or an adverse opinion .
What is meant by qualified opinion or adverse opinion ?If a company's financial statement is incorrect and additional audit of the financial statement is required, the auditor will issue an unfavourable opinion. As opposed to a qualified opinion, which is provided when a financial statement has been fairly reported but some details are lacking.
An auditor's qualified opinion states that, with the exception of a particular area, the financials are fairly reported. In contrast to a negative or disclaimer of opinion, a qualified opinion is often still acceptable to lenders, creditors, and investors.
An unfavorable opinion is a qualified assessment provided by an auditor that the financial statements of a firm are inaccurately presented, misstated, and do not fairly reflect its financial performance and health.
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You want to own a photography studio and you open one that specializes in wedding
photography. After 6 months though, your studio fails and you close down. Read the
following scenarios and pick which one you think you should do next.
Answers
Answer:
Explanation:
Open another photography studio that specializes in wedding photography.
Open a photography studio that offers a wider range of services, such as portrait photography, event photography, and commercial photography.
Take a break from photography and explore other career options before deciding on your next steps.
Based on the information provided, it is not clear which of the above scenarios would be the best option for you. Each of these scenarios has its own advantages and disadvantages, and the right choice for you will depend on your personal goals, interests, and circumstances. For example, if you are passionate about wedding photography and believe that your previous studio failed due to external factors, then opening another studio that specializes in wedding photography may be a good option for you. On the other hand, if you believe that your studio failed because the market for wedding photography is saturated or because your services were not competitive, then expanding your portfolio to offer a wider range of services may be a better option. Alternatively, taking a break from photography and exploring other career options may allow you to gain new skills and experiences that can help you in your future endeavors.
Pick one of these pathways and explain why you would be a good candidate for this pathway? I will give brainlist
Answers
"I'm confident my skills and professional experience align with the requirements for this leadership position. In particular, my excellent leadership and creative thinking skills make me the best candidate for this job.
First of all, I am convinced that I can good candidate for this pathway your firm because I possess all the qualifications and experience specified in the job description. My motivation to succeed comes from both my experience managing successful initiatives for Fortune 500 businesses and my love of the field. How would you phrase a good fit for the job? Consider actions you took in prior positions that really demonstrated your individuality. Highlight a competency that is necessary for the position. Talk about a passion of yours that might be appropriate for the business. Give an example of a prize or honor you were given by a former employer.
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anybody got food stamps
Answers
Answer: yeah, I do. Also, Happy holidays! or in Hawaiian we say Mele Kalikimaka which means Merry Christmas! I'm part Hawaiian.
What is the difference between a marketing strategy and a marketing plan?
A. A marketing strategy tells where a business wants to go and the marketing plan tells how to get there.
B. There is no difference between a marketing strategy and a marketing plan.
C. A marketing strategy is rather flexible, but a marketing plan should not be revised once it has been created.
D. A marketing plan is written first and forms the basis of the marketing strategy.
Answers
Answer:
a
Explanation:
If you were graduating college and wanted to be able to find a job in georgia in the fastest growing industry with the best pay, which industry should you choose?.
Answers
If you were graduating college and wanted to be able to find a job in Georgia in the fastest-growing industry with the best pay, you should choose the technology industry.
Industries tend to grow and dissolve with the passage of time. A certain industry that might be growing fastest now may not be able to grow as fastly in the future.
Nowadays, the fastest-growing industry in Georgia as well as in many other parts of the world is the technology industry.
With the rise in artificial intelligence and the interest of people in technology, the technology industry has been upgrading more and more. Hence, if a person wants to work in the fastest growing industry with the best pay then the technology industry is the best one to choose.
Although a part of your question is missing, you might be referring to this question:
If you were graduating college and wanted to be able to find a job in Georgia in the fastest growing industry with the best pay, which industry should you choose?
agriculture
entertainment
service
technology
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When given one variable value, the value of other variables can be easily estimated. This applies to which type of graph? a. Line c. Scale b. Bar d. Both A and B Please select the best answer from the choices provided A B C D
Answers
Answer: A. Line!
Explanation: On Edge!!
In computing the GDP, why is it import spending subtracted from the sum of consumption, investment, government purchases and export spending?
-Economics
Answers
Import spending is subtracted from the sum of consumption, investment, government purchases and export spending in the calculation of GDP because import represents spending on goods and services that are not produced in that economy.
Gross domestic product is the total sum of goods and services produced in a particular economy in a given period. One of the ways that can be used to determine the value of GDP is the expenditure approach.
The expenditure approach to determine GDP = Consumption + investment + government purchases + ( export - import).
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_____ provides new employees with information about company policies, salary and benefits, and parking. It also includes work rules and performance expectations. Group of answer choices Job guidance An employment lecture Employee instruction Orientation Simulation
Answers
The answer is employee orientation.
Employee orientation is the process of acquainting newly hired staff with their new environment. It offers employees with the fundamental organizational knowledge they need to feel prepared for their new team, department, and job within the firm. Employee orientation that is effective informs workers of corporate standards and expectations, handles any paperwork, and addresses any questions or concerns they may have before starting their new jobs.
Both new workers and their new bosses and colleagues benefit from a smooth transition into a new job. A new employee can begin being productive soon if expectations and obligations are properly communicated to them. A thorough and engaging orientation, as part of an efficient onboarding process, may also assist decrease new employee attrition owing to misinterpreted or unmet expectations. A clear employee orientation policy will also guarantee that all new team members receive the same training and information.
Therefore, the correct option is employee orientation.
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if people decide to purchase more at every price level, __________ (shift right) will result.
Answers
If people choose to buy more at every price level, it will result in a shift right in the demand curve. This shift indicates an increase in the quantity demanded across various price points.
When consumers increase their purchasing quantity at every price level, it implies a higher demand for the product or service. In the context of demand and supply, this change is reflected in the demand curve.
A shift to the right of the demand curve indicates an increase in demand. The shift signifies that at each price point, consumers are willing and able to purchase a larger quantity of the product or service.
This can occur due to various factors such as changes in consumer preferences, increased disposable income, effective marketing campaigns, or positive changes in market conditions. As a result, suppliers may respond by adjusting their production levels to meet the increased demand.
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Sally is a partner of a small clothing company. This week she has been hosting a group of potential investors. Several of the potential investors have asked about the company’s newest technology and ability to sell clothing online. If these potential investors decide to invest in her company it could mean enormous growth, however she is being asked to divulge some specific information about the company that she and her partner decided would not be discussed. She is now faced with a (n) ________ issue
Answers
Sally is facing an ethical issue, specifically a dilemma of confidentiality.
She has to decide whether to disclose sensitive information about her company to potential investors in order to secure their investment, or to honor her obligation to keep that information confidential. As a partner of a small clothing company, she and her partner had already decided not to discuss certain information with potential investors. If she discloses this information, it could have long-term consequences for her company and its employees.
If she doesn't disclose it, she may lose out on the opportunity to secure investment that could take her company to the next level. Sally will need to consider the potential impact of both options, and weigh the benefits and risks before making a decision that aligns with her values and the best interests of her company.
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Monitoring the competition is important for all the following reasons EXCEPT
a
to keep prices competitive.
b
a similar décor will attract customers.
c
to match competitors’ promotions.
d
to detect weaknesses in competitors’ promotional strategies.
Answers
Answer: The answer is B
Explanation: Took the test
Answer:
B. a similar décor will attract customers.
Explanation:
Mitski supervises the returns desk in a department store. Mitski has set a goal for the rest of the year of finishing her daily office work quicker so she can assist at the returns desk earlier in the morning. She knows this will improve customer service and also help decrease theft which will assist the company in achieving its goal of decreasing costs. Finishing her office work quicker represents a(n) ________ for Mitski.
Answers
Finishing her office work quicker represents a(n) operational goal.
The following information should be considered related to the operational goal is:
Operational goals are specific to the daily tasks and requirements to run a business. Efficient operations make it easy for employees to function and to excel within their working environment.Learn more: brainly.com/question/17429689
what must a profduser provide to the applicant that shows the insurer will protect the clients information
Answers
A security notice, also defined as "Notification of Information Practices," which details the measures the insurer would take to secure the client's personal information, must be sent to the applicant by the producers .
Who are clients, exactly?A person or organisation that seeks the legal, accounting, advertising, architectural, or other professional advice or services. 2. A someone who is receiving aid from a social welfare organisation, a government agency, etc.
With an example, what is a client?A customer is someone who makes purchases or makes payments for services. Clients might be businesses and other organisations. Clients often have a connection or an agreement with the seller, as opposed to customers.
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Statement-McMorrow &
3. Cash Flow
Daughter Ltd
From the following information relating to McMorrow & Daughter Ltd, prepare
a cash flow statement for the four months January to April. Opening cash on 1
January is €3,700. X
Estimated income
• Sales: January €12,800; February €14,100; March €13,900; April €18,750
. Government grant: February €3,000
Estimated expenditure
• Purchase of materials: January €12,000; February €14,000; March €11,300;
April €14,300
Rent and rates: €1,600 per month
• Wages: €1,500 per month
• Telephone: February €300; April €450
61.000 in March answer pls
Answers
The net cash inflow for the period was €12,100 and closing cash balance at the end of April was €15,800.
What is a cash balance?A cash balance refers to the amount of money that a person, organization, or entity has in their possession or available to them at a given time. This can include physical currency, such as bills and coins, as well as digital forms of payment, such as bank account balances or cryptocurrency holdings. Cash balances are important for financial planning and management, as they can be used to cover expenses, pay debts, invest in assets, or save for future goals. It is important to monitor cash balances regularly to ensure that there is enough liquidity to meet financial obligations and take advantage of investment opportunities. Balancing cash inflows and outflows is essential for maintaining financial stability and achieving long-term financial success.
Net Cash Inflow: €12,100
Closing Cash: €15,800
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Give very short answers to the following questions:
1. What do you know about an office ?
2.
What does chalani mean?
3. What does darta mean?
4 How can you say that office is an information centre ?
Answers
Answer:
1-place where any formal operations are done
2-chalani means to make somebody pay fine
3-darta refers to listing of something as name (registration )
4-office is an information center as all records are kept in a office that is related to any business
help me please please
Answers
Answer:
A). compound interest
Explanation:
Hope that helped you :)
Answer:
Simple interest
Explanation:
I believe it's simple interest
What is the term used to describe the fluctuation in demand of a certain product in relation to pricing?
Answers
Elasticity is a phrase used to describe how the price affects how much a certain product is in demand.
What is elasticity?In neoclassical economic theory, elasticity is a key idea that aids in understanding a variety of economic concepts, including the incidence of indirect taxation, marginal concepts related to the theory of the firm, wealth distribution, and different types of goods related to the theory of consumer choice. When talking about how welfare is distributed, particularly in terms of consumer, producer, or government surpluses, a grasp of elasticity is crucial.
Elasticity is a key notion in many economic theories, and it may be seen in a number of key indicators. These include the elasticity of demand at different prices, the elasticity of supply at different prices, the elasticity of demand at different income levels, the elasticity of replacement between factors of production, the cross-price elasticity of demand, and the elasticity of substitution across time.
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which of these is one of the two goals to product development?
1 insurance
2 improvement
3 sales
4 quantity
Answers
Option 2, is one of the important goals in product development, because it represents the fundamental aim of the production of a particular good, since the better the good, the higher the demand, thereby increasing sales.
What are sales?
Sales refers to a transaction between two or more parties that involves the exchange of goods which could either be tangible or not, rendering of services, for money. Cash is either paid to a seller, or an asset can be given.
in essence, sales is represents a contract between a seller of a particular good or service and a buyer who is in need of the good or service, and is willing to pay for that good or service.
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if a profit of $\$20$ is realized for each regular gadget and $\${}30$ for a premium gadget, how many of each should be manufactured to maximize profit each week? enter the ordered pair $(x,y).$
Answers
The given information provides us with the profit earned for each gadget and we need to find out how many gadgets need to be produced in order to maximize profit. Let us assume the number of regular gadgets produced be x and the number of premium gadgets produced be y.
Then the objective function will be: $f(x,y) = 20x + 30y$The maximum number of regular gadgets that can be produced is limited by the condition $2x + 3y ≤ 120$ (which implies x ≤ 60 - (3/2)y), because there are only 120 hours of labor available in a week. Similarly, the maximum number of premium gadgets that can be produced is limited by the condition $x + 2y ≤ 80$ (which implies y ≤ 40 - (1/2)x), because only 80 hours of labor are available for premium gadgets.So, we need to maximize the objective function, subject to the constraints that have been stated.
In order to do that, we need to find the critical points. We can use the method of Lagrange multipliers.Using Lagrange multipliers:$∇f(x,y) = λ∇g(x,y)$where g(x,y) represents the constraints. $g(x,y) = 2x + 3y - 120$ and $g(x,y) = x + 2y - 80$.$∇f(x,y) = (20,30)$ and $∇g(x,y) = (2,3)$ and $(1,2)$.$20 = 2λ$$30 = 3λ$ and $30 = 2λ$Solving these equations, we get λ = 10 and λ = 15/2. Substituting these values in g(x,y), we get: $y = 20$ and $x = 30$. Therefore, the maximum profit will be achieved if 30 regular gadgets and 20 premium gadgets are manufactured each week. Hence, the ordered pair will be (30,20).
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the constant growth stock valuation model can't be used under which of the following conditions? group of answer choices a zero growth rate a negative growth rate. a growth rate less than the stock's required return. a growth rate greater than the stock's required return.
Answers
D) Under a growth rate greater than the stock's required return, the constant growth stock valuation model cannot be applied.
Describe growth stock.Any stock in a company that is expected to increase in value significantly faster than the market as a whole is considered a growth stock. Typically, these stocks don't pay dividends.
This is so because companies that issue growth stocks typically want to reinvest any earnings they generate to hasten growth in the short term. When investing in growth stocks, investors hope to profit from capital gains when they eventually decide to sell their shares in the future.
What Qualifies as a Growth Stock?
When it comes to stocks, "growth" refers to the company's significant potential for capital growth. These are frequently newer, smaller-cap companies, or those operating in expanding industries like biotechnology or technology. Growth stocks frequently have high P/E ratios despite having low or even negative earnings.
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