a) The Statement of Cash Flows is a financial statement that shows the inflows and outflows of cash within a business during a specific period of time. It provides valuable insight into a company's liquidity and how it manages its cash.
b) The three main categories of the Statement of Cash Flows are: Operating activities, Investing activities, and Financing activities.
c) The Indirect Method is used to derive Cash from Operations. This involves adjusting net income for non-cash items such as depreciation and amortization, as well as for changes in working capital items such as accounts receivable, accounts payable, and inventory.
d) Investing activities involve the purchase and sale of long-term assets, such as property, plant, and equipment, as well as investments in other companies or securities.
e) Financing activities involve the issuance and repayment of debt and equity, such as issuing bonds, paying dividends, or repurchasing stock.
Here is the explanation for each part:
a) The statement of cash flows sheds light on the methods a firm employs to produce and utilize cash to finance its operations, investments, and financing activities.
It is one of the most crucial financial statements because it aids in determining the company's liquidity and financial stability for creditors, investors, and other stakeholders.
b) The three main categories in the statement of cash flows are:
1. Operating activities: This category includes cash inflows and outflows related to the primary business activities of the company, such as sales and expenses. It shows how much cash is generated or used by the company's day-to-day operations.
2. Investing activities: This category includes cash inflows and outflows related to the acquisition and disposal of long-term assets, such as property, plant, and equipment, and investments. It shows how much cash is invested or divested in the company's growth and expansion.
3. Financing activities: This category includes cash inflows and outflows related to the financing of the company, such as borrowing and repaying loans, issuing and repurchasing stock, and paying dividends. It shows how much cash is raised or spent to fund the company's capital structure.
c) Using the Indirect Method, Cash From Operations can be derived by adjusting the net income for non-cash expenses and changes in current assets and liabilities. The formula for Cash From Operations using the Indirect Method is:
Net Income + Non-cash Expenses - Changes in Current Assets and Liabilities
Non-cash expenses include items such as depreciation, amortization, and deferred taxes. Changes in current assets and liabilities include items such as accounts receivable, accounts payable, and inventory. If the changes in current assets and liabilities are positive, it indicates that cash was used to finance the increase in those items, whereas if they are negative, it indicates that cash was generated from the decrease in those items.
d) Investing activities involve cash inflows and outflows related to the acquisition and disposal of long-term assets, such as property, plant, and equipment, and investments. Examples of investing activities include the purchase of a new building, the sale of an old machine, and the purchase of stock in another company.
e) Financing activities involve cash inflows and outflows related to the financing of the company, such as borrowing and repaying loans, issuing and repurchasing stock, and paying dividends. Examples of financing activities include the issuance of new debt, the repayment of a loan, the issuance of stock, and the payment of dividends to shareholders.
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what dose productivity mean
Answer:
Productivity means, the act of doing consistent work.
Explanation:
Example: The Factory has gone up by 30% in the last year.
Jenna is working on her productivity so she could pass her class.
An apparel company has introduced three different varieties of shoes at different price points. a company that produces shampoos have now introduced dishwashing liquids in the market. a shoe company sells its floaters at a price that does not even cover its production cost. a chocolate company introduces its new range of chocolates at a discounted price for limited stock only. loss leadership arrowRight promotional pricing arrowRight product line pricing arrowRight brand extension
Answer:
An apparel company has introduced three different varieties of shoes at different price points. [Product line pricing]
A company that produces shampoos have now introduced dishwashing liquids in the market. [Brand extension]
A shoe company sells its floaters at a price that does not even cover its production cost. [Loss leadership Pricing]
A chocolate company introduces its new range of chocolates at a discounted price for limited stock only. [Promotional pricing]
Explanation
Product Line Pricing: This strategy of separating products into various price categories may or may not have anything to do with their cost. It, however, achieves the effect of making one seem of a higher quality than the other.
Brand Extension:
Brand extensions serve the primary purpose of maintaining brand dominance and or relevance in the mind of the consumers.
Loss Leadership Pricing: This strategy is often used to attract the attention of customers. As customers compare the price of this product with similar/competing products, it can even create a mindset with customers that the business has very cheap products. This ultimately leads to more purchases and ultimately an increase in the bottom line of the business. This strategy is seldom used in isolation. The business almost always makes up for this loss relying on the increased volume of sales or by marking up other products slightly.
Promotional Pricing:
There are consumers who are very price sensitive. This strategy by the nature of its design almost always attracts their patronage. Depending on the creativity of the Marketing Officer, this can be used to increase consumer loyalty.
Cheers
Answer:
ANSWER IN FOTO
Explanation:
Objectives are needed in every area where performance and results affect the survival and prosperity of business. Explain any three objectives of business.
Answer:
The major objectives of a business include the following:
1. Profit
2. Growth
3. Stability
4. Efficiency
5. Survival
Explanation:
1. Profit: this is practically the number one objective of any business, to maximize profit as much as it can. In order words, not just to get back the investment capital, but to earn profit as well.
2. Growth: this involves growing bigger or having an expansion in the number of sales and markets generally. As a customer of a business increases, this is often lead to business growth and more money
3. Stability: to have the stability of operation, without occasional or unnecessary break down in mode of operation or production. This will help to keep the business moving.
According to O*NET, what are the two most common levels of education Loading Machine Operators earn? Check all that apply associate degree high-school diploma or equivalent some college, no degree less than high-school diploma. HELP!
Answer:
B D
Explanation:
Trial and error
Answer:
B and D
Explanation:
How much should you pay for a $1,000 bond with 9% coupon, annual payments, and 7 years to traturity if the interest rate is 10 s.? 595132 598140 $1,00000 $1.075.82
Previous question
the amount to pay for the bond will be $860.25.
The value of a $1,000 bond with a 9% coupon, annual payments, and 7 years to maturity will depend on the prevailing interest rate. In this case, if the interest rate is 10%, the bond's price will be discounted as compared to its face value.The bond price can be calculated using the formula for present value of a bond:PV = C × [1 - (1 + r)-n]/r + FV/(1 + r)nWherePV = Present value of bondC = Annual interest paymentr = Interest raten = Number of years to maturityFV = Face value of bondSubstituting the given values into the formula, we get:PV = 90 × [1 - (1 + 0.1)-7]/0.1 + 1000/(1 + 0.1)7≈ $860.25. Therefore, the amount to pay for the bond will be $860.25.
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Click this link to view o*net’s tasks section for construction managers. note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. according to o*net, what are common tasks performed by construction managers? check all that apply. installing equipment, machines, wiring, or programs repairing machines or systems conferring with supervisors, owners, contractors, or design professionals preparing contracts and negotiating revisions, changes, and additions to contracts scheduling a project performing routine maintenance on equipment
The typical duties carried out by construction managers Check all that apply 3 4 5
What regular responsibilities do construction managers have?Activities at Work in Detail
In charge of the construction process.
Create operational plans, strategies, or guidelines.
Create budgets, reports, or financial papers.
Share company information with stakeholders, including customers.
Disseminate the policies and practices of the company.
Control workers.
What routine responsibilities fall to reporters and correspondents?To generate news ideas, receive assignments or analyze leads or tips. To give thorough and reliable information, research the background of a story. Set up interviews with others who may have knowledge to provide regarding a story.
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Firms must provide the right incentives if they are to get -Select- to focus on long-run value maximization. Conflicts exist between managers and stockholders and between stockholders (represented by managers) and -Select- . Managers' personal goals may compete with shareholder wealth maximization. However, managers can be motivated to act in their stockholders' best interests through:__________.
(1) reasonable -Select- packages,
(2) firing managers, and
(3) the threat of hostile
Firms must provide the right incentives if they are to get their managers to focus on long-run value maximization. Conflicts exist between managers and stockholders and between stockholders (represented by managers) and debt holders.
Managers' personal goals may compete with shareholder wealth maximization. However, managers can be motivated to act in their stockholders' best interests through reasonable compensation packages, firing managers, and the threat of hostile takeover.There are many conflicts that exist between managers and shareholders in the business, especially in the long term where the value maximization can often be difficult to focus on for managers. The reason for this is because many of the managers’ personal goals may actually compete with the wealth maximization of shareholders. Some of the goals that managers have been found to have is the desire for job security, to build up their personal reputation, their social status and the size of their empire among others. This means that the managers might not be inclined to take actions that benefit shareholders if they don’t see that it benefits their own goals.Three approaches are used to motivate managers to act in the stockholders' best interests, which include reasonable compensation packages, firing managers, and the threat of hostile takeover. Incentives such as good compensation packages are one of the most commonly used ways to motivate managers to work for the shareholders' benefit. The threat of a hostile takeover and firing managers who do not act in the shareholders' best interest is also used to ensure that managers put in efforts that favor shareholders.
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Research some examples of organizations that experienced bad publicity and how they dealt with it. Write a paper detailing your findings.
Answer:
did you finish it cuase i got the same one
Explanation:
Admit the error, apologize, and present a solution if you or your company is receiving negative press as a result of anything you did incorrectly. Negative publicity won't disappear if you ignore it.
What do you mean by Negative publicity?When damaging material is revealed, negative PR or publicity can take many different forms in company and can impact everything from sales to your reputation.
Various forms of unfavorable PR for your company could include: negative coverage of your business in the media, online, in publications, or on television.
In particular, we contend that by raising product awareness, unfavorable publicity might boost sales and purchase likelihood.
Negative publicity should therefore affect products differently depending on whether they are recognized or unknown. This viewpoint is supported by three investigations.
Your brand's reputation can be severely damaged in a matter of minutes by false information, negative reviews, and nasty social media remarks. Even worse, rumors spread swiftly and negatively impact the reputation of your company.
Negative publicity can have a significant impact on how potential customers see your brand. When customers publicly disparage a company, product, or service, this is known as bad publicity.
Bad publicity includes posting or publishing negative evaluations on websites, review pages, and social media accounts.
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an agent must keep confidential any information acquired through an agency during the term of the relationship, but can disclose it after the agency ends.
The statement, an agent must keep confidential any information acquired through an agency during the term of the relationship, but can disclose it after the agency ends is True .
The sense of agency (SA), sometimes known as the sensation of control, is the experience of organizing, carrying out, and controlling one's own free will acts in the environment. The pre-reflective consciousness, or the implicit knowledge that I am moving or thinking with my body, is what causes this.
The ability to differentiate between right and bad and act accordingly. If an employee is aware that their company is illegally dumping poison into a river that provides the community's drinking water, for instance, it could be legitimate to expect them to alert the authorities.
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what will your payment be if you make the first payment on the loan immediately instead of at the end of the first year?
a. Present value =Annual payments*Present value of annuity factor(12%,5)
Hence $1000=Annual payments*3.604(Approx)
Hence Annual payments=$1000/3.604(Approx)
=$277.41(Approx)
b. Present value =Annual payments*Present value of annuity factor(12%,5)(Beginning of year compounding)
$1000=Annual payments*4.037(Approx)
Hence Annual payments=$1000/4.037(Approx)
=$247.69(Approx)
In investment, an annuity is a series of payments made at equal intervals.[1] Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments, and pension payments. Annuities can be classified by the frequency of payment dates. The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time.
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Do you believe the government should play a role in speeding up or slowing down the economy
Answer:
Yes I do believe they should because it is important to speed up economy's rate of growth
10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
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Please help I will mark you as brainliest!!
The marketing manager at a company producing laundry products sees great
long-term profits from selling to many consumers worldwide who care about
low prices. Which of the following tactics would best support this manager's
low-price strategy?
A. Develop products with more features than the competition offers
B. Design simple, inexpensive packaging
C. Offer a customer help line for advice in using the products
D. Work with retailers that specialize in speedy checkout and fast
delivery
The tactics that would best support this manager's low-price strategy is Designing simple, inexpensive packaging. Thus option B is correct.
What is the manager?A manager refers to a person who is responsible head of any project and helps in arranging the resources, checking the progress, and timely completion of it in order to achieve the vision and goal of the organization.
In order to cater to a large number of potential consumers the low pricing strategy is used where the manager focuses on simple and inexpensive designs which help in the affordability of consumers.
Therefore, option B is appropriate.
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20 points on how globalization is good for the triple bottom line
Answer:
t common questions I get as the founder and CEO is: Can a start-up delight customers, provide a great work culture, and see exceptional growth metrics? The answer is yes, you absolutely can.
I know this because at Globalization Partners we’ve done it—and part of our mission is to pass that know-how on to our customers. When I founded this company, my goal was to build a high-growth business that would enable anyone to hire employees anywhere, without the red tape traditionally associated with global expansion. But I also wanted to build a company people love— customers, business partners, and employees. Fast forward a few years and I’m happy to report we’ve had rocket-ship growth numbers, 96% of our customers say that they are “very satisfied” or “satisfied” with our services, but perhaps what makes me most proud is we’re also able to regularly win awards for our company culture. We haven’t had to make a trade off, and neither should you.
The secret to balancing this success is what I call the Triple Bottom Line: prioritizing happy customers, happy employees, and happy shareholders.
While a Triple Bottom Line may sound like an obvious formula for growth, it might also feel unrealistic. Its anathema to the typical blitz scaling mantra right now, which is “growth at all costs.” But the reality is, companies who focus only on growth end up underpaying people and treating customers so poorly that growth is ultimately unsustainable.
I wasn’t sure if the Triple Bottom Line would be achievable when I set out to build my business, but I knew I didn’t want to be in business any other way. Now, Globalization Partners is proof that the Triple Bottom Line is an exceptionally good strategy for growth.
Explanation:
what type of object can ground static
electronic. Maybe I'm not a hundred percent sure.
Answer: its plastic
this is just extra bc it kept saying my answer was too short
Using the Rule of 72, calculate how many years it will take to double an investment of
$1,000 given the following interest rates.
a. 2% interest rate
b. 5% interest rate
c. 7.5% interest rate
Answer:
see below
Explanation:
As per rule 72, it takes (72/interest rate to double the investment.
I.e., The time taken to double an investment= 72/ interest rate
To double 1000, it will take 2%
= 72/2
=36 years
At 5%
=72/5
=14.4 years
At 7.5 %
=72/7.5%
=9.6 years
Answer:
it would be c
Explanation:
A person is seeking a job in the lumber industry. which texas region would likely offer them the best opportunity for finding a job? question 10 options: north central plains great plains mountains and basin coastal plains
Mountains and Basin is the Texas region would likely offer them the best opportunity for finding a job. As a person is seeking a job in the lumber industry. Hence, option C is correct.
What is lumber industry?
The wood business, also referred to as the lumber industry, is the area of the economy that deals with logging and forestry as well as the production of primary forest commodities like furniture and secondary products like wood pulp for the pulp and paper industry.
Weyerhaeuser and Georgia-Pacific are the top two producers of lumber, respectively. There are 113 sawmills with a combined output capacity of 18.9 billion board feet among the top 10 US producers of lumber.
Currently, the world market for wood and wood products is dominated by North America. This is mainly attributable to the continent's vast forests, which in the US and Canada are primarily made up of relatively simple-to-extract conifers.
Thus, option C is correct.
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In one sentence, explain how the Neoclassical school of economics differs from Classical school.
Answer:
The Neoclassical school of economics differs from the Classical school in that it places greater emphasis on individual choice and market efficiency, while the Classical school focuses more on macroeconomic factors such as output and employment.
Other things being equal, what is the effect of deficit spending on credit markets?
A.
The supply of credit will increase while the demand for credit remains the same.
B.
Both the demand for credit and the supply of credit will decrease.
C.
The demand for credit increases while the supply of credit remains constant.
D.
Both the demand for credit and the supply of credit will increase.
Other things being equal, deficit spending tends to increase the demand for credit, which in turn puts upward pressure on interest rates. Therefore, the correct answer is C: The demand for credit increases while the supply of credit remains constant.
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Tom sevits is the owner of the appliance patch. Recently tom observed to difference in the dollar value of sales between the men and women he employee as sales associate. A sample of 40 days reveled the men sold a mean between $1400worth of apliance per day
The null hypothesis is that there is no difference in the mean amount of sales per day between men and women. The alternative hypothesis is that the mean amount of sales per day is larger for women than for men.
b) The decision rule is to reject the null hypothesis if the test statistic is greater than the critical value obtained from the t-distribution at the 0.05 significance level with degrees of freedom equal to the sum of the sample sizes minus 2.
c) The value of the test statistic can be calculated as (1500-1400)/sqrt(((200^2/40) + (250^2/50))) = 2.28.
d) Using the decision rule, the test statistic is greater than the critical value of 1.67 obtained from the t-distribution with 88 degrees of freedom (40+50-2) at the 0.05 significance level. Therefore, the null hypothesis is rejected.
e) The p-value can be calculated as the probability of obtaining a test statistic greater than 2.28 under the null hypothesis. Using a t-distribution with 88 degrees of freedom, the p-value is approximately 0.012.
f) The result suggests that there is a statistically significant difference in the mean amount of sales per day between men and women. Based on the sample data, it appears that women sell more appliances per day than men. However, it is important to note that this conclusion is based on a sample and may not necessarily hold true for the entire population. Further research and analysis may be needed to confirm the findings.
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Complete question:
Tom Sevits is the owner of the Appliance Patch. Recently, Tom observed a difference in the dollar value of sales between the men and women he employs as sales associates. A sample of 40 days revealed the men sold a mean of $1400 worth of appliances per day. For a sample of 50 days, the women sold a mean of $1500 worth of appliances per day. Assume the population standard deviation for men is $200 and for women $250. At the 0.05 significance level, can Mr. Sevits conclude that the mean amount sold per day is larger for women? a) State the null hypothesis and the alternative hypothesis. b) What is the decision rule? c) What is the value of the test statistic? d) What is your decision regarding the null hypothesis? e) What is the p-value? f) Interpret the result.
Which advice will help Luke, a bank employee, advance in his career?
ОА. Don't waste too much time on academic learning.
OB. Spend as much time as you can socializing with your colleagues.
OC. Agree with everything your manager says.
OD. Maintain a positive attitude toward learning.
Answer:
D. Maintain a positive attitude towards learning.
Explanation:
What is The Humane Society of North Central Florida's mission? *
Answer:
Our mission is to build an ecologically sustainable and humane world for all animals.
Explanation:
I hope it help u
What happens to plant assets that are worn out or outdated?
A
They are used for new projects.
B
They are maintained for future use.
C
They are stored until needed for parts.
D
They are replaced
When plant assets are worn out or outdated, the correct answer is:
D. They are replaced.
Plant assets that are worn out or outdated are typically replaced to ensure that the operations can continue efficiently and effectively. The replacement process generally involves the following steps:
1. Assess the condition of the current asset and determine whether it is worn out or outdated.
2. Evaluate the need for replacement, considering factors such as operational efficiency, cost of maintenance, and the availability of newer technologies.
3. Procure a suitable replacement for the worn-out or outdated asset, taking into account factors such as cost, functionality, and compatibility with existing systems.
4. Dispose of the old asset responsibly, which may involve selling it, recycling it, or decommissioning it according to relevant regulations and guidelines.
5. Install and integrate the new asset into the existing system, ensuring proper setup, testing, and staff training as needed.
By following these steps, businesses can maintain the efficiency and effectiveness of their operations by replacing worn-out or outdated plant assets.
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what is farmer brown's profit-maximizing level of output?
To maximize profits, a farmer typically aims to find the level of output where marginal revenue (MR) equals marginal cost (MC).
Marginal revenue refers to the additional revenue generated from selling one more unit of output, while marginal cost refers to the additional cost incurred in producing one more unit.
To find the profit-maximizing level of output, Farmer Brown would need to compare the marginal revenue and marginal cost at different levels of production. As long as the marginal revenue exceeds the marginal cost, it would be beneficial to increase the level of output.
If the marginal cost exceeds the marginal revenue, it would be advisable to decrease the level of output. Other factors like market demand, input costs, and economies of scale should be taken into account. These factors can influence the overall profitability and may require further analysis to determine the precise profit-maximizing level of output for Farmer Brown.
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2. Which of the following is an example of an operative employee? A. Regional manager B. Head coach C. Chairman of the board D. Assembly line worker C
An example of an operative employee is an assembly line worker.
The following information should be relevant:
Operating employees are those employees who generate the products & services directly for an organization.Also, it does not supervise the work of others. So, the option a, b, and c are incorrect.Therefore we can conclude that an example of an operative employee is an assembly line worker.
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The CVP income statement for Cullumber Machine Company for 2021 appears below. Answer the following independent questions. 347240 f found ner unit value to 2 decimal places, es. 52.75. Finol anower ta 0 decimal ploces es 5.275. Number of units sold unts?
The CVP income statement for Culumber Machine Company shows 4,800 units sold, with a contribution margin per unit of $96. The company had a net operating income of $69,000 and a margin of safety of $503,200.
Given information: The CVP income statement for Culumber Machine Company for 2021 is given below: Particulars Amount($), Sales 964000 Variable Expenses: Direct Material 247000Direct Labor, 285000Variable Manufacturing Overhead, 15000Variable Selling and Administrative 103000, Total Variable Expenses 665000
Contribution Margin 299000, Fixed Expenses: Fixed Manufacturing Overhead 165000, Fixed Selling and Administrative 65000, Total Fixed Expenses 230000, Net Operating Income 69000
To find: Number of units sold(units)
Formula used: Contribution Margin Per Unit= Selling Price per Unit - Variable Expenses per Unit Contribution Margin Ratio= (Contribution Margin/ Sales) × Break-Even Point= Fixed Expenses/ Contribution Margin Per Unit Margin of Safety= Actual Sales - Break-Even Sales
Calculation: Contribution Margin per unit = Selling price per unit - Variable expenses per unit= ($964,000/4,800) - (($247,000 + $285,000 + $15,000 + $103,000)/4,800)= $201 - $105 = $96
Contribution margin ratio = (Contribution Margin/ Sales) × 100= ($299,000/ $964,000) × 100= 31.03%Break-even point in units = Fixed Expenses/ Contribution Margin Per Unit= $230,000/ $96= 2,396Margin of safety = Actual Sales - Break-even Sales= $964,000 - ($96 × 4,800)= $964,000 - $460,800= $503,200Number of units sold = (Sales / selling price per unit)= $964,000/ $201= 4800 units
Therefore, the number of units sold is 4800.
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The data show the
number of railroad crossing accidents for the 50 states
of the United States for a specific year. Construct a
histogram, frequency polygon, and ogive for the data.
Comment on the skewness of the distribution. (The data
in this exercise will be used for Exercise 14 in this
section.)
Class limits Frequency
1–43 24
44–86 17
87–129 3
130–172 4
173–215 1
216–258 0
259–301 0
302–344 1
Answer:
I hope this helps
Explanation:
216-258 0
Please select the word from the list that best fits the definition Enjoy music in their free time
Answer:
Auditory Learners
Explanation:
I got it right on edge 2022.
The quantity of pencils sold is 1000 at the unit price $0.5. Suppose the price elasticity of demand for pencils by the initial value method (also known as the simple elasticity formula) is 2, and you would like to increase the quantity sold to 1200. Then the new price for pencils must be
Answer:
$0.45
Explanation:
Given the following :
At a unit price of $0.5 :
Quantity sold = 1000 and price elasticity of demand = 2. If quantity sold is to increase to 1200, new price of pencils equals ;
Price elasticity of demand :
(% change in quantity demanded / percentage change in price)
% change in quantity demanded equals :
[(1200 - 1000) / 1000] * 100
(200/1000) * 100
0.2 * 100 = 20%
Therefore ;
Price elasticity of demand :
(% change in quantity demanded / percentage change in price)
(2 = 20% / % change in price)
% Change in price * 2 = 20%
% change in price = 20% / 2
% change in price = 10%
Old price = $0.5
Since quantity demanded increases, then the price of pencil has decreased
10% decrease in old price
10% of $0.5
(10/100) * $0.5
0.1 * 0.5 = $0.05
New price = $0.5 - $0.05
New price = $0.45
How do you apply formatting features from one piece of text to multiple pieces of text using the Format Painter?
It was the apply formatting features from one piece of text to multiple pieces of text using the Format Painter as select the text, select the format Painter, and they apply the formatting.
What is Format Painter?The term Format Painter was the apply the same formatting on such text in the multiple times. It was the font style, border style, multiple pieces of text, and the other things. It was the repetition of the method.
According to the case, was the using the Format Painter. Format Painter was to apply formatting features to work as one piece of text to multiple pieces of text.
Standard toolbar → double-click the Format Painter → select text → apply the formatting.
As a result, the significance of the apply formatting features are the aforementioned.
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