The company's net operating income, if the proposal is implemented would increase by $43,225. Before recommending the increased advertising, a thorough analysis of the West division's sales trends and market conditions should be conducted to ensure that the investment in advertising will result in a positive return.
To prepare a contribution format income statement segmented by divisions, we need to calculate the contribution margin for each division. The contribution margin is the difference between sales revenue and variable expenses.
Division East:
Sales revenue = $410,000
Variable expenses = 46% x $410,000 = $188,600
Contribution margin = $221,400
Traceable fixed expenses = $257,000
Net operating income (loss) = $221,400 - $257,000 = ($35,600)
Division Central:
Sales revenue = $650,000
Variable expenses = 28% x $650,000 = $182,000
Contribution margin = $468,000
Traceable fixed expenses = $330,000
Net operating income (loss) = $468,000 - $330,000 = $138,000
Division West:
Sales revenue = $550,000
Variable expenses = 47% x $550,000 = $258,500
Contribution margin = $291,500
Traceable fixed expenses = $196,000
Net operating income (loss) = $291,500 - $196,000 = $95,500
Total net operating income (loss) for the company = ($35,600) + $138,000 + $95,500 = $198,900
To answer question 2-a, we need to calculate the increase in net operating income if the proposal to increase advertising in the West division is implemented. If the West division's sales increase by 15%, the new sales revenue would be $632,500 ($550,000 x 1.15). The new variable expenses would be 47% x $632,500 = $297,175. This would result in a new contribution margin of $335,325 ($632,500 - $297,175). The traceable fixed expenses would remain the same at $196,000. The new net operating income for the West division would be $139,325 ($335,325 - $196,000). The total net operating income for the company would increase by $43,225 ($139,325 - $95,500).
To answer question 2-b, we need to consider whether the increased advertising expense is worth the potential increase in net operating income. The proposal assumes that increasing advertising in the West division will increase sales by 15%. However, this assumption may not be accurate. Additionally, there may be other factors that affect the West division's sales that are not related to advertising. Therefore, before recommending the increased advertising, a thorough analysis of the West division's sales trends and market conditions should be conducted to ensure that the investment in advertising will result in a positive return.
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Type the correct answer in the box. Spell all words correctly.
Ideally, what should more than one member of the family contribute to for a better financial position?
A family can have more than one person contributing to the household _______
for a better financial position.
A family can have more than one person contributing to the household income for a better financial position.
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credit cards with very low minimum payment requirements are in the consumers' best interest. group of answer choices true false
The given statement " credit cards with very low minimum payment requirements are in the consumers' best interest. " is False. Credit cards with very low minimum payment requirements are generally not in the consumers' best interest.
While they may provide temporary relief by allowing for smaller immediate payments, low minimum payments can lead to long-term debt accumulation and higher interest charges.
Paying only the minimum amount prolongs the repayment period, resulting in more interest being accrued over time. This can trap individuals in a cycle of debt and make it difficult to pay off the balance.
It is generally advisable for consumers to pay more than the minimum payment to reduce their debt faster and save on interest charges.
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Project selection helps to ensure that no project affect the status of other
Answer:
projects
Explanation:
Remember, among the 'Project selection' stage is the first stage of the Project Process Stages. This stage typically involves examining each project and then determining which is of utmost importance.
Rather than trying to run every uncompleted project with the limited resources available which may affect the status of other projects, it is better to select the project that is most beneficial and that is feasible to complete within the stipulated deadline.
Scenario 1
Aiden's car is 12 years old and he's worried it might break down, so he's trying
to save three months of expenses for unexpected repairs, while also saving for
a new car. What are the best savings strategies for Aiden so he can keep his
money accessible for repairs, but also save for a new car?
Answer:
Aiden can open a savings account that does not have restriction on withdrawals and does not have minimum balance requirement
Explanation:
Aiden is trying
to save three months of expenses for unexpected repairs, while also saving for
a new car.
This will require frequent withdrawals for unexpected repairs on his old car. Also he will need to make frequent deposits into the account as he is saving for a new car.
The best account option for Aiden will be to get a savings account that will allow him withdraw as much as possible for repairs and also he will not be charged because of frequency of withdrawals
Which of the following would be a business selling the same thing in another country?
if I'm wrong please give more details? and ice cream parlour?
Answer:
I think cafe or Hotel will be the best business in another county.
Ivie Clarke has decided to launch a numbers game like Sudoku. She estimates her fixed costs to be £5,000. The variable costs are £1.20 per game. She intends to sell the games for £5.00 each. Ivie estimates she will sell 1,400 games a month. 7 (a) What is her total revenue if she sells 1,400 games? (1) (b) What are her total costs if she sells 1,400 games?(1) (c) How much profit does she make if she sells 1,400 games?(1) 8 How many games does she need to sell to cover her total costs?(1) 9 In fact the fixed costs of the business were actually £5,500. How much profit or loss would Ivie make if she sold 1,400 games. (2)
Her total revenue if she sells the 1,400 games of the numbers game is £7,000.
What is revenue?The average sales price is multiplied by the quantity of units sold to arrive at revenue, which represents the money generated by normal business operations. Net income must be deducted from the top line (or gross sales) figure in order to be calculated. In the salary summary, revenue and sales are synonymous. To determine how effectively a business collects unpaid debt, it is critical to review the cash flow summary. Cash accounting, in comparison, only records purchases as revenue when actual money changes hands. "Receipt" is the term used to describe money provided to a business. For receipts to show, income is not necessary. For instance, there will be a receipt but no income from a customer who pre-paid for a service or goods that were never delivered.
Ivie's total revenue if she sells the 1,400 games is:
Revenue = Price per game x Number of games sold
Revenue = £5.00 x 1,400
Revenue = £7,000
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Your organization has been developing a new product for the last three years. The technical specifications of the product were leaked before the product's official release. As a result of the leak, your company's main competitor is changing the specifications of their own product, releasing it earlier than your product, and planning on acquiring the manufacturer your company uses to create vital digital circuits. News of the competitor's plans has caused the majority of investors to pull their funding from your company. Based on typical commercial data classification levels, which data classification level was breached
Based on commercial data classification levels, it is correct to say that the sensitive data level has been breached.
What is the data sensitive level?Corresponds to data breaches that would negatively impact a business, jeopardizing operations and market positioning, such as leaking financial and intellectual property data.
Therefore, information security must be a criterion to be achieved in organizations and all their processes to avoid consequences of a data leak.
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Various financial instruments usually serve one of two distinct purposes: _________
a. To store value or to transfer risk.
b. Name a financial instrument used for each purpose.
c. Life insurance is a financial instrument that stores value, while car insurance is a financial instrument that transfers risk
The various financial instruments usually serve one of two distinct purposes to store value or to transfer risk. Hence option (a) is the answer.
What are financial instruments?Financial Instruments are intangible assets that are anticipated to offer future advantages in the form of an expectation of future cash flow. Financial instruments are exchanges of money between two parties. They can be produced, exchanged, altered, and settled. A contractual right to receive or deliver money in the form of debt, stock, derivatives, or proof of ownership in a company is an example of this.
It is a marketable asset used to demonstrate the monetary value or ownership interest of a business and represents a legal agreement or contractual right. A physical or digital document that represents a contract including any form of monetary value is referred to as a financial instrument. Cash instruments and derivative instruments are the two categories into which financial instruments can be categorized.
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"Project manage implementation " is included under which of following steps establishing a retrieval service? Select one: a. Design b. Analysis c. Development d. Implementation
The phrase "Project manage implementation" is included under the step of Implementation when establishing a retrieval service.
The term "project manage implementation" refers to the process of overseeing and coordinating the execution and deployment of a project. It involves managing the activities, resources, timelines, and deliverables necessary for successful implementation. In the context of establishing a retrieval service, project management implementation would involve organizing and leading the efforts to bring the retrieval service from the planning and development stage to actual implementation.
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A business analyzes what competitors are charging for products.
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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1.Jaz works part time in a bar. One |||
week she works for 15.5 hours this
week and she is paid £6.50 per
hour.
She also received £18.00 tips.
How much will she earn this
week?
Answer:
£118.75
Explanation:
Jaz earns £6.50 per hour
This week she worked 15.5 hours
Her total pay will be
= £6.50 x 15.5
= £100.75
She received £18.00, total earnings
= £100.75 + £18.00
= £118.75
Question - Risk and Risk Avoidance
In investments, higher risk may provide higher returns. It is interesting how people have different comfort levels taking risk. Please consider your own comfort with taking risks; are you a person who is willing to take a risk in order to earn a higher level of return on an investment?
Directions: Answer thoroughly with a comprehensive response.
Context Link: https://saylordotorg.github.io/text_personal-finance/s08-evaluating-choices-time-risk-a.html
[Brainliest toward whoever responds comprehensively with complete coherent sentences. Thank you. I appreciate it.]
Answer:
Taking risks is only needed when it's necessary or a smart move. If I know I will benefit from a risky choice then I will have more obligation to take it. Rather than if I knew I could loose a lot more than I could gain then I would wait for a better opportunity.
Maddox Auto Parts, Inc., contracted with Billy's Mufflers Co. to purchase 35 mufflers from their warehouse supplies. All the mufflers Maddox Auto Parts ordered were already made and packaged and merely required transportation to Maddox Auto Parts. Billy's Mufflers wrote out an order form designating which 35 mufflers were to go to Maddox Auto Parts. If a question as to when Maddox Auto Parts acquired an insurable interest in the mufflers were to arise, a court would likely hold that
Maddox Auto Parts gained an insurable interest in the mufflers:
A. at the time of contracting.
B. at the time the mufflers were
C. given to the carrier.
D. at the time of delivery.
E. 24 hours before delivery.
Answer: A. at the time of contracting.
Explanation:
Insurable interest is the reasonable concern to obtain insurance against unforeseen events such like losses or death. Insurable interest is when the loss of an object or damage would result in a financial loss.
Based on the information given, Maddox Auto Parts gained an insurable interest in the mufflers at the time of contracting. An individual will gain an insurable interest immediately s contract takes place.
Therefore, the correct option is A.
2. What do you think Alana's goals should be?
I think Alana's goal should be to create a budget that will make her save enough money to pay for all expenses.
What's plutocrat? Plutocrat is any item or empirical record that's generally accepted as payment for goods and services and prepayment of debts, similar as levies, in a particular country or socio- profitable environment.The primary functions which distinguish plutocrat are as a medium of exchange, a unit of account, a store of value and occasionally, a standard of remitted payment. What's significance of plutocrat? Plutocrat can not buy happiness, but it can buy security and safety for you and your loved bones. Mortal beings need plutocrat to pay for all the effects that make your life possible, similar as sanctum, food, healthcare bills, and a good educationLearn more about money here:
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Your rich great uncle left you some money to buy a new car. If you plan to purchase a foreign car, how might trade barriers impact the price that you have to pay for that car?
Answer:
you much money did your great uncle left for you
The trade barriers will impact negatively and it will raise the amount of payment for the car significantly.
Trade Barriers:No matter how big or wealthy a nation is, its industrial industry will need to look outside its borders for raw materials. However, some nations continue to oppose free trade. Some leaders still feel that free trade is not best for their economies and that it negatively affects their growth and employment. Others provide justifications for putting up barriers to commerce.Trade barriers for import of a car -Indian import taxes are high because the country promotes domestic and local industries. This is known as import substitution industrialization (ISI), a trade policy that focuses entirely on replacing import-based manufacturing and production with indigenous ones.Therefore, the trade barriers will impact negatively and it will raise the amount of payment for the car significantly.
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Which of the following is NOT example of Capital used to produce goods?
Answer:
You didn't give any options, but some examples of capital are workers, machinery, equipment, things that are used in the production process.
Explanation:
Hope this helps!
What type of marketing is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller?.
A type of marketing that is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller is transactional marketing.
What is transactional marketing?
Transactional marketing is one business strategy that focuses on single "point of sale" transactions. This strategy emphasizes is on maximizing the volume and efficiency of individual sales rather than developing a relationship with the buyer. The advantage of this strategy is the cost-effective strategy to build a sales model. It's because the strategy doesn't focus on brand image and the promotional costs are low. The example of transactional marketing is a shopping channel on TV advertising a new product and provides a phone number or website to buy the product in that moment.
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Sales Tax - You go to the store and purchase a shirt for $21.18, how much will you pay
after 8.25% sales tax. Round to the nearest cent.
Answer:
$22.93
Explanation:
Dividends are paid out of profits, and:
(A) dividends are paid before a firm's taxes are paid.
(B) dividend payments must be approved by the firm's board of directors.
(C) dividends are guaranteed.
(D) dividends are usually paid twice a year.
(personal finance question)
Dividends are given out of profits, and it is commonly pay off twice a year. Option D is correct.
What are dividends?A dividend is defined as the amount of profit that is available for the distribution by a corporation to its shareholders, this amount of profit is given only when an enterprise earns a profit.
The majority of dividends are paid four times a year, on a quarterly basis, but some companies pay dividends twice a year.
Therefore, option D is correct.
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unemployment decreased to its lowest level in 10 years last month. this statement is:
The given statement is an example of economic data.
Examples of a statement: Sarah is going to buy a new car next week.
The Earth orbits around the sun.
Every student must pass the final exam.
The given statement "Unemployment decreased to its lowest level in 10 years last month" does not appear to be a question. Instead, it is an economic data.
Thus, the statement is an example of a statement.
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Workplace technology is relied upon by businesses to increase _____________.
Businesses rely on workplace technology to boost productivity and performance.
What is meant by productivity?Productivity, a metric of economic performance, contrasts the volume of goods and services produced (output) with the volume of inputs necessary to produce those goods and services.Output per worker or output per worker/hour are two typical ways to measure productivity. The quantity or cost of the finished goods each employee can create in a specific amount of time may be used as a productivity indicator for a manufacturing organisation. The efficiency of your staff, as determined by the quantity of goods or services they generate or offer in a given period of time, can be used to describe workplace productivity.To learn more about productivity, refer to:
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You win a lottery with a prize of $1.5 million. unfortunately the prize is paid in 10 equal annual installments. the first payment is next year. how much is the prize really worth? the discount rate is 8 %.
Answer:
PV= $1,006,512.21
Explanation:
Giving the following information:
Annual payments= $150,000
Discount rate= 8%
Number of periods= 10 years
First, we need to calculate the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {150,000*[(1.08^10) - 1]} / 0.08
FV= $2,172,984.37
Now, we can determine the present value:
PV= FV/(1+i)^n
PV= 2,172,984.37/(1.08^10)
PV= $1,006,512.21
__________ is the process of motivating others to perform various tasks that will contribute to the accomplishment of goals and objectives
Leadership is the process of motivating others to perform tasks that contribute to achieving goals and objectives.
Leadership involves influencing and guiding individuals or a group towards the accomplishment of shared goals and objectives. It encompasses motivating and inspiring others to willingly and enthusiastically contribute their efforts towards a common purpose. Effective leadership involves various skills such as communication, decision-making, problem-solving, and delegation.
A leader sets a clear vision, provides direction, and empowers others to maximize their potential and contribute to the success of the organization or team. By fostering motivation and creating a positive work environment, leaders inspire individuals to perform tasks that align with the overall goals and objectives, leading to the achievement of desired outcomes.
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According to the VRIO framework, which of the following statement is true? Resources and capabilities are turned into strengths when a firm gains a competitive advantage ,Resources and capabilities are equal in their potential contributions to competitive advantage, Resources and capabilities can be copied from leading competitors to gain a competitive advantage ,Resources and capabilities contribute to a firm's specific competitive advantage to the extent that they satisfy the components of the VRIO model
According to the VRIO framework, the following statement is true Resources and capabilities contribute to a firm's specific competitive advantage to the extent that they satisfy the components of the VRIO model.What is VRIO framework?The VRIO framework is an analytical tool utilized to assess the internal resources and capabilities of an organization to determine if they can be a source of sustainable competitive advantage.
The VRIO framework examines four key areas: value, rarity, imitability, and organization.Value is the foundation of the VRIO framework. Resources and capabilities are valuable if they enable an organization to exploit opportunities or neutralize threats.Rarity: Resources and capabilities that are scarce in the environment can be a source of competitive advantage. Imitability: If resources and capabilities are easily copied or duplicated by rivals, they do not provide a competitive advantage.Organization: The way that resources and capabilities are organized and used by a firm can determine whether or not they contribute to a sustained competitive advantage.Conclusion:Therefore, Resources and capabilities contribute to a firm's specific competitive advantage to the extent that they satisfy the components of the VRIO model.
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Which of the following is an example of a fixed asset?
A. Money in the bank
B. Accounts payable
C. Gross profit
D. Real estate
Answer:
D. Real estate
Explanation:
Fixed assets are physical resources belonging to a business. There are tangible and valuable items that a business owns. A firm uses fixed assets to generate income in the current and future periods.
Fixed assets have a useful life exceeding the current financial year. They are not meant for sale in the short run but to help a business generate income for many years to come. From the list provided, real estate is a fixed asset. Other examples of fixed assets include motor vehicles, machinery, and equipment.
What accounting method should hariette choose when she runs the profit and loss report?
Hariette should choose cash basis of accounting when she runs the profit and loss report. A company's reporting guidelines and practices for revenues and expenses make up its accounting method. Cash accounting and accrual accounting are the two primary accounting techniques.
Revenues and costs are recorded in cash accounting when they are received and paid. There are three different accounting methods: modified cash basis, cash basis, and accrual basis. Let's briefly review the fundamentals before we discuss which types of firms use certain accounting techniques.
If you only consider popularity, accrual accounting comes out on top since it is both the most popular and the most accurate techniques.
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Why might variable expenses change a great deal at different times of year?
A.Heating and cooling costs might vary considerably.
B.Income taxes and withholdings may increase or decrease.
C.Car loan payments become higher in certain seasons.
D.Discretionary spending may rise when fixed expenses rise.
Answer:A
Explanation:
Heating and cooling are never the same
Discretionary spending may rise when fixed expenses rise which makes variable expenses change a great deal at different times of year.
What is Discretionary expenses?Discretionary expenses are purchase of good or services that are not essential.
The expenses takes up large part of income and they are not constant or fixed expenses because they vary from month to month.
This expenses are not fixed expenses that are constant and example of discretionary expenses are restaurant meals, takeaway.
Therefore, variable expenses change a great deal at different times of year when discretionary spending rises and fixed expenses rise.
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What pricing strategies do McDonalds use.
checking the purchase order upon delivery of products to a warehouse ensures that
a. the order was actually made in the quality is correct
b. The items were purchased at the lowest possible price
c. The items work as advertised
d. there will be enough storage space to house the items
Answer:
i believe it is a.
Explanation:
im not sure but this sounds the most reasonable
If you were a senior manager in a company and wanted to foster innovation, which idea below would NOT be a good idea to do:
a.
Increase discomfort with the status quo
b.
Find out what is blocking innovation and remove it
c.
Create a stretch vision or intent
d.
Appoint volunteers to be corporate entrepreneurs
A: "Increase discomfort with the status quo" would NOT be a good idea to foster innovation in a company.
While it is important to promote innovation in a company, increasing discomfort with the status quo would not be a good idea. This could create a sense of instability and uncertainty in the company, which could lead to a decrease in productivity. Instead, fostering innovation requires a supportive environment where employees feel safe to take risks and try new ideas.
This can be achieved by identifying and removing barriers to innovation, creating a clear vision or goal to work towards, and empowering employees to take on entrepreneurial roles within the company. Appointing volunteers to be corporate entrepreneurs is also a good way to encourage innovation.
Option A is incorrect because it creates discomfort rather than a sense of safety and support. Therefore, option A is the correct answer.
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