A rational franchise owner of an NFL team may choose not to lower ticket prices to fill a stadium because doing so could lead to financial losses and undermine the team's perceived value and exclusivity.
Lowering ticket prices to fill a stadium may seem like a straightforward solution to increase attendance, but a rational franchise owner considers various factors. Ticket prices generate a significant portion of revenue for NFL teams, contributing to their financial viability and ability to invest in players, facilities, and marketing. Lowering prices without careful consideration can lead to financial losses, especially if the reduced revenue does not offset the costs associated with operating the stadium and team. Additionally, maintaining higher ticket prices helps preserve the perceived value and exclusivity of attending NFL games. Higher prices can create a sense of prestige and scarcity, attracting fans who are willing to pay a premium for the experience. By carefully balancing revenue generation and maintaining a desirable brand image, a rational franchise owner can sustain the team's success both on and off the field.
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An insurance that you pay if your down payment is less than 20 percent of the total cost of the house _____.
a. an ARM
b. an escrow account
c. PMI
d. a balloon loan
Answer:
Hello There!!
Explanation:
I think the answer is c.PMI because that is the only option which best fits into the sentence.
hope this helps,have a great day!!
~Pinky~
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C. PMI
ThanksHope it helpsWhat is not a criterion when evaluating financial service providers?
A. financial service provider's history
B. benefits or lack thereof
C. past and current employees
D. emerging technologies
That which is not a criterion when evaluating financial service providers is this: C. past and current employees.
What are the criteria for evaluating financial service providers?To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.
It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.
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during the 1980's, the price of one share of Johnson and Johnson stock rose from $17 1/4 to $56 1/8. how much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?
Given:
Price of one share in 1980 = $\(17\dfrac14\)
Price of one share in 1989 = $\(56\dfrac18\).
To find:
How much money would you have made if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989?
Explanation:
Using the given information,
Change in the value of each share = \(56\dfrac18-17\dfrac14\)
= \(\dfrac{448+1}{8}-\dfrac\dfrac{68+1}{4}\)
= \(\dfrac{449}{8}-\dfrac\dfrac{69}{4}\)
= \(\dfrac{449-138}{8}\)
= \(\dfrac{311}{8}\)
Value of one share increased by $\(\dfrac{311}{8}\).
Value of 100 shares increased by = \(100\times \dfrac{311}{8}\)
= \(\dfrac{31100}{8}\)
= \(\dfrac{7775}{2}\)
= \(3887.5\)
Therefore, you would have made $3887.5 if you bought 100 shares of Johnson & Johnson stock in 1980 and sold it in 1989.
Give advice to job seekers who may experience rejection
Some advice to job seekers who were rejected are:
Don't give up. Take the time to increase your skills.It is important to tell job seekers not to give up in their quest for a job. There are many people out there to compete with so rejection will happen but they will eventually get something if they keep trying.
They should also use the time they don't have a job to increase their skills by taking professional courses which can then boost their resumes.
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definition of the term small business
Answer:
make me brainalist and keep smiling dudeExplanation:
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.The Government of Country Y owns and controls many businesses. "The public sector always produces goods and services more efficiently than privately owned businesses', a Government minister recently said. Other ministers disagree and want to privatize many state-owned businesses. The private sector businesses in Country Y produce 55 per cent of total output - mainly in services such as transport, tourism and finance. The secondary sector of industry produces 35 per cent of total output.
Answer:
what do i have to answer?
Explanation:
Scenario 4:
You just got the keys to your first apartment. You also have a new credit card with a $4,000 limit and you use it to
furish your new place. Before you know it, you've bought a TV, a couch and a dining room table. When you get the credit card bill, you realize you’ve spent your full credit limit of $4,000.
the credit card bill, you realize you've spent your full credit limit of $4,000.
Does your credit score go up or down?
Why does it go up or down?
If your score goes down, how can you fix it?
Answer:
Explanation:
Scenario 1:
You want to purchase a new vehicle and you have your heart set on a brand new SUV. You take out a loan to pay for the car, but after six months you begin to fall behind on payments and incur late fees.
1. Does your credit score go up or down?
Your Credit Card score will go down.
2. Why does it go up or down?
It went down because you were late on your payments.
3. If your score goes down, how can you fix it?
Pay your payments on time.
Scenario 2:
You’ve been eager to buy a new cell phone for months, and now you’re ready to make it happen. You use your credit card to purchase the phone and you set up automatic billing to pay the monthly expenses. At the end of each month, you pay the credit card bill in full.
1. Does your credit score go up or down?
It goes up.
2. Why does it go up or down?
You pay your bills on time.
3. If your score goes down, how can you fix it?
It doesn't go down.
Scenario 3:
Your first semester of college, you take out a small loan to help pay for books. Despite being busy, you get a part time job. Although you don’t have to pay your loan back until you graduate, you’ve saved enough by the end of the semester and you will pay off the loan in full.
1. Does your credit score go up or down?
Your score will go up.
2. Why does it go up or down?
You will pay the loan back in full.
3. If your score goes down, how can you fix it?
It doesn't go down.
The credit score of the person is going to go down because it would mean that they have no credit left.
What is a credit score?This is a score that tells how a person is performing based on the credit that they apply for from financial services.
The credit score is going to go down because it would mean that they would be needing more credit.
If the score goes down the best way to make it rise is by making payments on time for the credit collected.
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Make a flowchart for a cashier handling a customer sale by receiving cash payment for a sale. 1. Cashier waits for a customer at the point-of-sale terminal. 2. If there is no customer, cashier again checks for a customer at the point-of-sale terminal, i.c. returns to (1.). 3. If there is a customer, and payment is less than sale, cashier rejects the sale and cashier again goes back to waiting for a customer at the point-of-sale terminal, i.e. returns to (1.). 4. If the payment is equal to or larger than the sale, the cashier proceeds as follows: 4.1. If the payment is equal to the sale, the sale is complete, and the cashier again goes back to waiting for a customer at the point-of-sale terminal, i.e. returns to (1.). 4.2. If the payment is larger than the sale, the cashier returns the extra change back to the customer, the sale is complete and the cashier again goes back to waiting for a customer at the point-of-sale terminal, i.c. returns to (1.).
The flowchart for a cashier handling a customer sale involves several steps. The cashier waits for a customer at the point-of-sale terminal. If there is no customer, the cashier continues checking for a customer. Once a customer arrives, the cashier checks if the payment is less than the sale amount. If it is, the sale is rejected, and the cashier goes back to waiting for a customer. If the payment is equal to or larger than the sale, the cashier proceeds accordingly. If the payment is equal to the sale, the sale is complete, and the cashier goes back to waiting for a customer. If the payment is larger, the cashier returns the extra change to the customer, completes the sale, and goes back to waiting for a customer.
1. The flowchart begins with the cashier waiting for a customer at the point-of-sale terminal.
2. If there is no customer, the cashier continues checking for a customer at the terminal, and the process loops back to the waiting step.
3. Once a customer arrives, the cashier checks if the payment is less than the sale amount. If it is, the sale is rejected, and the process returns to waiting for a customer.
4. If the payment is equal to or larger than the sale, the cashier proceeds to the next steps.
4.1. If the payment is equal to the sale amount, the sale is complete, and the process goes back to waiting for a customer.
4.2. If the payment is larger than the sale amount, the cashier calculates the change and returns it to the customer. Then, the sale is complete, and the process returns to waiting for a customer.
This flowchart ensures that the cashier follows a systematic process when handling customer sales, ensuring accuracy and efficient service.
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Which of these is a way to grow
a business without sacrificing
equity?
A. take out a loan
B. review the budget
C. seek investors
Cara Fabricating Co. and Taso. Corp. agreed orally that Taso would custom-manufacture a compressor for Cara at a price of $120,000. After Taso completed the work at a cost of $90,000, Cara notified Taso that the compressor was no longer needed. Taso is holding the compressor and is demanding payment from Cara. Taso has been unable to resell the compressor for any price. Taso incurred storage fees of $2,000. If Cara refused to pay Taso and Taso sues Cara, what is the most damages Taso will be entitled to recover
Here's link to the answer:
bit.\(^{}\)ly/3a8Nt8n
Which of the following is the type of supplier integration where suppliers establish manufacturing facilities closeby?
a. Collaborative forecasting
b. Vendor managed inventory
c. Insourced warehousing
d. Early supplier involvement in NPD
e. Supplier-integrated manufacturing
The correct answer is e. Supplier-integrated manufacturing. In this type of supplier integration, suppliers establish their manufacturing facilities in close proximity to the buyer's facilities.
This arrangement allows for better coordination, communication, and sharing of resources between the buyer and the supplier. It enables faster response times, reduced transportation costs, and increased supply chain efficiency. By locating manufacturing facilities nearby, both parties can collaborate closely, streamline production processes, and optimize the flow of goods, leading to improved quality control, lower lead times, and enhanced overall operational performance. Supplier-integrated manufacturing promotes stronger partnerships and facilitates a seamless integration of the buyer's and supplier's manufacturing capabilities.
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1. how might long-term investors benefit from vigorous competition among short-term traders?
The vigorous competition among short-term traders benefits long-term investors by providing increased market liquidity, identifying mispriced securities, and enhancing market transparency.
Long-term investors can benefit from vigorous competition among short-term traders in several ways. Firstly, competition among short-term traders increases market liquidity and efficiency. As short-term traders frequently buy and sell securities, they contribute to the overall trading volume, ensuring that there is a ready market for long-term investors to enter or exit their positions without significant price impact. This liquidity allows long-term investors to execute their investment strategies more effectively and at more favorable prices.
Secondly, competition among short-term traders can help identify mispriced securities. Short-term traders often scrutinize market information and react swiftly to news and market trends. Their actions can reveal inefficiencies or mispricings in the market, which long-term investors can capitalize on. By observing short-term trading activities and understanding the underlying reasons, long-term investors can make informed investment decisions and potentially generate higher returns.
Lastly, the competitive nature of short-term trading can lead to increased market transparency. As traders compete to gain an edge, they conduct extensive research and analysis, contributing to the overall market knowledge and information availability. Long-term investors can benefit from this by accessing a wider range of information and making more informed investment decisions.
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Sealing Company manufactures only one product that is available in both a Deluxe model and a Regular model. The company has manufactured the Regular model for years and the Deluxe model was recently introduced. The company is concerned about the accuracy of its costing system because profits are declining since the Deluxe model was introduced. Indirect production costs are assigned to the products using direct labor hours. For the current year, the company estimates $2,000,000 of indirect production costs and 40,000 direct labor hours. They expect to produce 5,000 units of the Deluxe model and 40,000 units of the Regular model. The Deluxe model requires 1.6 hours of direct labor time per unit and the Regular model requires 0.8 hours. Other costs are as follows: Costs Direct materials Direct labor Deluxe Model $150 $16 Regular Model $112 S8 Assume the company's indirect production costs can be traced to four activities with the following cost drivers. Activity (Cost Driver) Purchase orders (number of purchase orders) Rework orders (number of rework orders) Product testing (number of tests) Machining (number of machine hours) Cost Drivers Number of purchase orders Number of rework orders Number of tests Number of machine hours Deluxe Model 400 200 4,000 20,000 Costs $84,000 $216,000 $450,000 $1,250,000 Regular Model 600 600 6,000 30,000 [Page2 Instructions: a) Assume direct labor hours are the only cost-allocation base. What is the cost to manufacture one unit of each model? (3 marks) b) Assume the activity-based costing method is used. What is the cost to manufacture one unit of each model? (5 marks) e) Based on the results obtained from the activity-based costing method, what are the implications for pricing policy for the two models?
(a) Cost to manufacture one unit of each model by assuming direct labor hours as the only cost-allocation base:Deluxe Model Regular Model Direct Materials 150112 Direct Labor16(0.8 hrs × $8/hr) = 6.40(1.6 hrs × $8/hr) = 12.80; Overhead Rate = Estimated total indirect production costs / Estimated total direct labor hours
Overhead Rate = $2,000,000 / 40,000 hours = $50/hour Overhead Cost(0.8 hrs × $50/hr) = 40(1.6 hrs × $50/hr) = 80Total cost per unit = Direct Materials + Direct Labor + Overhead cost. Total cost per unit of Regular model = $112 + $6.40 + $40 = $158.40Total cost per unit of Deluxe model = $150 + $12.80 + $80 = $242.80(b) Cost to manufacture one unit of each model by assuming activity-based costing method:Deluxe Model. Regular Model Cost drivers. Purchase orders 84,000/400 = $210600/600 = $1. Rework orders 216,000/200 = $1,080216,000/600 = $360; Product testing 450,000/4,000 = $112.5 6,000/6,000 = $1. Machining 1,250,000/20,000 = $62.5 1,250,000/30,000 = $41.67; Overhead cost per unit: Deluxe Model = $210 + $1,080 + $112.5 + $62.5 = $1,465; Regular Model = $1 + $360 + $1 + $41.67 = $403.67(e) Implications for pricing policy for the two models based on the results obtained from the activity-based costing method:Since the overhead cost of the Deluxe model is higher than that of the Regular model, the profit margins on Deluxe model are expected to be lower than the profit margins on the Regular model.The pricing policy may need to be revised to improve profits on Deluxe model as a decline in the profit margin will discourage the company from producing the Deluxe model. The company could either increase the selling price of the Deluxe model or reduce the cost of production by optimizing its operations to improve efficiency.
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Is it me or is Brainly acting up?
bob and charles own a townhouse together and are not married. charles contributed 30% of the purchase price and bob contributed 70% of the purchase price. each of them has an equal interest in the property. which of the following are permissible ways they could title the property? 1. sole ownership. 2. tenancy in common. 3. joint tenancy with rights of survivorship. 4. tenancy by the entirety.
Options 2 and 3 are correct. The following are permissible ways they could title the property -
Tenancy in Common.Joint Tenancy with Rights of Survivorship.The term "joint tenancy" alludes to a lawful game plan where at least two individuals own a property together, each with equivalent privileges and commitments. Joint occupancies can be made by wedded and non-wedded couples, companions, family members, and business partners.
This lawful relationship makes what is known as a right of survivorship so on the off chance that one proprietor kicks the bucket, their advantage in the property is straightforwardly given to the enduring party(s) without going through probate or court framework.
Rights of Survivorship is the understanding that likewise makes what's alluded to as a right of survivorship. This intends that in the event that one individual passes on, the other party consequently expects full responsibility for the property. This takes out the requirement for probate or the exchange of a departed individual's resources for a domain. Probate courts choose the legitimacy of an individual's will and split the resources properly among the departed's recipients.
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Complete Question -
Bob and Charles own a townhouse together and are not married. Charles contributed 30% of the purchase price and Bob contributed 70% of the purchase price. Each of them has an equal interest in the property. Which of the following are permissible ways they could title the property?
1. Sole Ownership.
2. Tenancy in Common.
3. Joint Tenancy with Rights of Survivorship.
4. Tenancy by the Entirety.
2 and 3.
2 only.
1, 3 and 4.
2, 3 and 4.
what is another name for interest-sensitive whole life insurance
Another name for interest-sensitive whole life insurance is "adjustable life insurance."
Interest-sensitive whole life insurance, also known as adjustable life insurance, is a type of permanent life insurance that combines elements of both traditional whole life insurance and universal life insurance. It offers policyholders the flexibility to adjust their premium payments and death benefits based on changes in interest rates. The cash value of the policy is tied to a specified interest rate, which can fluctuate over time. If interest rates rise, the policyholder may benefit from higher cash value growth. Conversely, if interest rates decrease, the cash value growth may be lower. This type of insurance allows policyholders to have some control over their policy's performance and adapt it to changing financial circumstances.
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What is the difference between exempt and nonexempt jobs?
Firms spend millions of dollars to develop brand names that have no preexisting meaning in any known language because Blank______. Multiple choice question. they want to avoid potential embarrassment that language confusion can cause this is the only factor that most firms remember when developing a global communication strategy picking an interesting brand name is the single biggest indicator of global success they can then start with zero awareness of the brand, which is ideal
Firms spend millions of dollars to create brand names that have no established meanings in order to prevent any potential humiliation that language confusion may bring.
What Is a Brand Name?A brand name is the name you use to describe a group of goods or services you provide or a specific line of goods or services you provide. For instance, Nike is the brand name applied to the majority of products produced by Nike, Inc.
What is a brand name for a business?The products of one company are distinguished from the products of another by their brand names. In the case of well-known brands like Sony, Nike, or Shell, a brand name and the business name may occasionally coincide when the corporation decides that one name is acceptable to serve as the identification of all its goods.
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To buy a product, customers in a market must first
To buy a product, customers must first have the need for the product.
Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.
Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.
Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.
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4. the interest is computed on the principal and also on the accumulated past interests.
a. simple annuity b. compound annuity C. simple interest d. compound interest
Answer:
d. compound interest
Explanation:
Compound interest basically means that previously earned interests will earn interests on their own. For example, you invest $100 and receive a 5% yield. At the end of year 1 you will have $105. At the end of year 2 you will have $105 x 1.05 = $110.25. The $5 in interests previously earned during year 1 will earn $0.25 interest during year 2.
Consider a 4.80 percent TIPS with an issue CPI reference of 201.2. The bond is purchased at the beginning of the year (after the interest payment), when the CPI was 209.1. For the interest payment in the middle of the year, the CPI was 210.7. Now, at the end of the year, the CPI is 215.2 and the interest payment has been made.
what is total return of tips in dollars?
total return of tips in percentage?
The total return of the TIPS in dollars is $249.50 and the total return in percentage is 4.97%.
To calculate the total return of TIPS in dollars, use the formula:
Total return in dollars = principal x (1 + real rate of return) x (1 + inflation rate)
Principal = $10,000
Real rate of return = nominal rate of return - inflation rate = 4.80% - (210.7/209.1) = 2.79%
Inflation rate = (215.2/209.1) - 1 = 2.90%
Hence, Total return in dollars = $10,000 x (1 + 2.79%) x (1 + 2.90%) = $10,000 x 1.0279 x 1.0290 = $10,000 x 1.057 = $10,570
Therefore, the total return of TIPS in dollars is $249.50 (10,570 - 10,000).
To calculate the total return of TIPS in percentage, use the formula:
Total return in percentage = (Total return in dollars / Principal) x 100% = ($249.50 / $10,000) x 100% = 2.495%
Therefore, the total return of TIPS in percentage is 4.97% (2.495% x 2).
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once a sterile field is established, items on the field may only be handled with sterile gloves.
A nurse is performing a sterile dressing change. If new sterile items or supplies are needed, " with sterile forceps or hands wearing sterile gloves" they be added to the sterile field. Therefore, option A is correct.
If a sterile dressing change requires the addition of new sterile objects or instruments to the sterile field, they should be handled with sterile forceps or sterile gloved hands. This is important to maintain field sterility and prevent contamination. Sterile forceps or sterile gloved hands reduce the risk of introducing pathogens and contaminants by ensuring that new items are not touched by non-sterile surfaces or hands.
To maintain sterility during medical procedures, it is important to follow proper sterilization techniques and procedures.
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The complete question is:
A nurse is performing a sterile dressing change. If new sterile items or supplies are needed, how can they be added to the sterile field?
a. with sterile forceps or hands wearing sterile gloves
b. by carefully handling them with clean hands
c. with clean forceps that touch only the outermost part of the item
d. by clean hands wearing clean latex gloves
2) Moonlight Company wrote off the account of one of its customers, X, in 2018 for $500. On January 21, 2019, X unexpectedly repaid his account in full. The company uses the direct write-off method to account for uncollectible receivables. Journalize the entries required for Moonlight Company on January 21, 2019
Answer:
A journal entry was carried out for Moonlight Company for January 21, 2019, and is shown below in the explanation section
Explanation:
Solution
Given that:
Moonlight Company Journal Entries on January 21, 2019
JOURNAL ENTRY
Date Account name Debit Credit
Jan. 21, 2019 Cash 500
(Income statement -Bad debts recovered) 500
(record the bad debts recovery from customer X)
The Sierra Company produces its product at a total cost of $1,600 per unit. Of this amount, $1,090 is product cost and $510 is selling and administrative expenses. In addition, the total cost of $1,600 is made up of $1,360 variable cost and $240 fixed cost. The desired profit is $288 per unit.
Determine the mark up percentages under each of the following cost-plus methods. If required, round your answers to one decimal place.
(a) Total cost concept (b) Product cost concept (c) Variable cost concept
(a) Total cost concept, mark up percentage: 80%
Explanation: Under the total cost concept, the company charges its customers the cost incurred per unit plus a markup to cover the desired profit. To calculate the mark-up percentage under the total cost concept, we use the following formula: Markup percentage = Desired profit ÷ Total cost per unit Multiplying the desired profit per unit ($288) by 100 and dividing the result by the total cost per unit ($1,600) gives the mark-up percentage as follows: Markup percentage = 288 ÷ 1600 × 100% ≈ 18%Adding the mark-up percentage of 18% to 100% gives a total mark-up percentage of: Total mark-up percentage = 100% + 18% = 118% ≈ 120%However, the mark-up is calculated based on the product cost of $1,090 and selling and administrative expenses of $510, which gives the total cost of $1,600 per unit. Therefore, we use this total cost to calculate the mark-up percentage under the total cost concept: Markup percentage = Desired profit ÷ Total cost per unit Multiplying the desired profit per unit ($288) by 100 and dividing the result by the total cost per unit ($1,600) gives the mark-up percentage as follows: Markup percentage = 288 ÷ 1600 × 100% ≈ 18%Adding the mark-up percentage of 18% to 100% gives a total mark-up percentage of: Total mark-up percentage = 100% + 18% = 118% ≈ 120%
(b) Product cost concept, mark up percentage: 26.4%
Explanation: Under the product cost concept, the company charges its customers the product cost incurred per unit plus a markup to cover the desired profit. To calculate the mark-up percentage under the product cost concept, we use the following formula: Markup percentage = Desired profit ÷ Product cost per unit Multiplying the desired profit per unit ($288) by 100 and dividing the result by the product cost per unit ($1,090) gives the mark-up percentage as follows: Markup percentage = 288 ÷ 1090 × 100% ≈ 26.4%Adding the mark-up percentage of 26.4% to 100% gives a total mark-up percentage of: Total mark-up percentage = 100% + 26.4% ≈ 126.4% Note that in this case, only the product cost of $1,090 is considered while computing the mark-up percentage under the product cost concept.
(c) Variable cost concept, mark up percentage: 44.4%
Explanation: Under the variable cost concept, the company charges its customers the variable cost incurred per unit plus a markup to cover the desired profit. To calculate the mark-up percentage under the variable cost concept, we use the following formula: Markup percentage = Desired profit ÷ Variable cost per unit Multiplying the desired profit per unit ($288) by 100 and dividing the result by the variable cost per unit ($1,360) gives the mark-up percentage as follows: Markup percentage = 288 ÷ 1360 × 100% ≈ 21.2% Adding the mark-up percentage of 21.2% to 100% gives a total mark-up percentage of: Total mark-up percentage = 100% + 21.2% ≈ 121.2% Note that in this case, only the variable cost of $1,360 is considered while computing the mark-up percentage under the variable cost concept.
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Will a sole trader ownership stop a business progress?
Answer:
True
Explanation:
The given statement asserts a true claim that 'having a sole proprietor in a business mars the growth and expansion of the business' and the primary reason behind this is that his/her ability to upraise funds for further expansion is limited but the liability is unlimited. It restricts the person to enhance the business. Secondly, it is extremely difficult for a single individual to manage employees, day-to-day responsibilities, paying debts, etc. and this is why the life of most of such businesses are very short except for a few. Thus, the assertion is true.
Colonel Hogwash purchases a Civil War-era mansion for $1,000,000. The broker's fee is 6% which the colonel also pays, for a total of $1,060,000. EXPENDITURE APPROACH:
The broker's income = 1,060,000 - 1,000,000
Broker's Income = $60,000
As a result, the correct option is b) a $60,000 increase in income for the real estate broker.
A brokerage fee is a fee or commission that a broker charges clients to execute transactions or provide specialized services. For services like buying, selling, consulting, negotiating, and delivering, brokers charge fees.
A brokerage fee in the real estate industry is typically a flat fee or a standard percentage charged to the buyer, seller, or both. Mortgage brokers assist potential borrowers in locating and obtaining mortgage loans; their fees range between 1% and 2% of the loan amount.
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on a traditional income statement, cost of goods sold reports the costs attached to merchandise sold during the period, while selling and administrative expenses report all costs that have been expensed as incurred. (enter only one word per blank.) statement, cost of goods sold reports the costs attached to merchandise sold during the period, while selling and administrative expenses report all period costs that have been expensed as incurred
On a traditional income statement, cost of goods sold reports the product costs attached to merchandise sold during the period, while selling and administrative expenses report all period costs that have been expensed as incurred.
What is an income statement?An income statement can be defined as a financial document which is typically used by an entrepreneur or business firm to record the amount of money (revenues) that are entering into a business.
What are product costs?Product costs is also referred to as inventoriable costs and they can be defined as the financial value (money) that are attached to units of product as they are being produced or sold (purchased) for resale.
On a traditional income statement, the product costs attached to merchandise sold during the period are reported by cost of goods sold while period costs that have been expensed as incurred are reported by selling and administrative expenses.
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Which statement is true? A savings plan and a budget don't really have anything to do with eachother. It doesn't do much do much good to have a savings plan if you dont know how to budget you money.
Answer: It doesn't do much do much good to have a savings plan if you dont know how to budget you money.
Explanation:
Budgeting and saving go hand in hand because budgeting enables us know what amount of our money we can save after spending on what we need to maintain our lifestyle.
If we don't have a budget or know how to budget our money, we will not know the amount to put towards a savings plan and if we start a savings plan without budgeting, we might end up in a situation where we have to withdraw from the savings constantly in order to meet our financial obligations.
suppose the pre-tax price of cigarettes is $3 per pack and the post-tax price is $4 per pack. the tax is $1.50 per pack and is paid by the retailers of cigarettes to the government. prior to the tax, 600 packs were sold; after the tax 500 packs were sold. what is the consumer tax burden?
In accordance with the discussion, this same consumer tax liability seems to be $1.25.
What is the definition of tax?
Taxation is indeed the imposition of mandatory taxes on individuals or companies by government agencies almost in every country around the world. Taxation is primarily used to increase revenue for govt spending, but it can also be used for other purposes.
What is the significance of taxation?
Taxes are important because manage and support this cash and use it to fund social projects. Government contributions to a medical sector would be impossible to make without taxes. Taxes fund health-care services such as socialised healthcare, health research, and social security, among other things.
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Which type of bankruptcy is when a person sells all their assets to eliminate their debt? Chapter 6 Chapter 7 Chapter 11 Chapter 13
The type of bankruptcy which occur wheen is when a person sells all their assets to eliminate their debt is Chapter 7.
What is Chapter 7 bankruptcy?Chapter 7 bankruptcy can be described as the “liquidation” bankruptcy. Businesses going through this type of bankruptcy are past the stage of reorganization and must sell off assets to pay their creditors.
It should be noted that the process works much the same for individuals however the Bankruptcy do make people who can no longer pay their debts get a fresh start by liquidating assets so that they can attend to their debts or by creating a repayment plan, in conclusion Bankruptcy laws also protect financially troubled businesses. This section explains the bankruptcy process and laws.
Therefore, option C is correct.
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Answer: it is c took the assesment and got it right
Explanation: im him