The budgeted margin of safety is $49800
What is the budgeted margin of safetyThe formula for margin of safety is:
Margin of safety = Budgeted sales - Break-even sales
Substituting the given values:
Margin of safety = $982,000 - $932,200
Margin of safety = $49,800
Therefore, the budgeted margin of safety in dollars is $49,800. Answer: d) $49,800.
Learn more on margin of safety here;
https://brainly.com/question/9797559
#SPJ1
Sun Coast Tours is considering purchasing a new boat for use in its tour business. Relevant information concerning the boat is as follows: (Ignore income taxes.)
Purchase cost $ 250,000
Annual net cash inflows that will be provided by the boat $ 57,000
Life of the boat 10 years
Required:
1-a. Compute the payback period for the boat. (Round your answer to 1 decimal place.)
1-b. If the company rejects all proposals with a payback period of more than five years, will the boat be purchased?
multiple choice 1
Yes
No
2-a. Compute the simple rate of return on the boat. Use straight-line depreciation based on the boat's useful life, assuming $10,000 salvage value. (Round your answer to 1 decimal place.)
1-a. Payback period = Initial cost / Annual net cash inflows
= $250,000 / $57,000
= 4.396 years (rounded to 1 decimal place)
1-b. The company would purchase the boat
How do we do the computation of values?1-a. To compute the payback period for the boat, we need to determine how long it will take for the boat to generate enough cash inflows to recover its initial cost. The payback period is calculated by dividing the initial cost by the annual net cash inflows.
Payback period = Initial cost / Annual net cash inflows
= $250,000 / $57,000
= 4.396 years (rounded to 1 decimal place)
1-b. Since the payback period is less than five years, the company would purchase the boat.
2-a. To compute the simple rate of return, we need to find the annual net income generated by the boat, and divide that by the initial cost. The annual net income is the annual net cash inflows minus the annual depreciation expense.
Straight-line depreciation = (Initial cost - Salvage value) / Life of asset
= ($250,000 - $10,000) / 10 years
= $24,000 per year
Annual net income = Annual net cash inflows - Annual depreciation expense
= $57,000 - $24,000
= $33,000
Simple rate of return = Annual net income / Initial cost
= $33,000 / $250,000
= 0.132 or 13.2% (rounded to 1 decimal place)
learn more about Simple rate of return: https://brainly.com/question/28098265
#SPJ1
Match the example with the business structure that makes sense for it. To match the items, click the example, and then click the business structure.
Match the example with the business structure that makes sense for it.
To match the items, click the example, and then click the business structure.
Doug and Vanessa want to start a carpet cleaning business together and share the ownership and profits. They are not concerned about personal liability. They want the business to be fairly simple to set up.
Sole proprietorship
Esperanza is starting a business by herself as an illustrator for magazines and children's books. She isn't concerned with personal liability, but she wants the business to be easy to set up.
S corporation or LLC
Robyn wants to turn her sole proprietorship as a tutor into a larger company with many owners and liability protection. She is willing to deal with double taxation and a complicated setup process.
C corporation
Cuba is starting an event planning company. He wants to protect his liability, and he would prefer pass-through taxation.
Partnership
Ming is starting a business with the purpose of fighting hunger in her community. She doesn't care about making a profit and is willing to reinvest any income back into her products and services.
Nonprofit corporation
Answer:
Doug and Vanessa- partnership
Esperanza- sole partnership
Robyn- c corporation
Cuba- s corporation or LLC
Ming- nonprofit corporation
I hope this helps someone!!
Warner Company has $196,000 of total fixed costs and sells products A and B with a product mix of 40% A and 60% B. Selling prices and variable costs for A and B result in contribution margins per unit of $8 and $4, respectively. Compute the break-even point. Enter product mix answers in decimal form. Round weighted average unit contribution margin to two decimal places, if applicable.
The break-even point of Warner Company is 3,500 units.
Here, we are going to calculate the break-even point of Warner Company.
Product Product Mix Contribution margin Weighted Average unit
[1] per unit[2} contribution margin[1*2]
A 40% $8 $3.2
B 60% $4 $2.4
Total $5,6
Formula for Break Even point is Fixed cost / Weighted average unit contribution margin
Break-even point = $196,000 / $5,6
Break-even point = 3,500 units
Therefore, the break-even point of Warner Company is 3,500 units.
See similar solution here
brainly.com/question/15308013
I WILL GIVE BRAIN
After seviewing the technical skills required to perform tasks in the manufacturing industry, do you think these skills are
more or less important than the interpersonal skills we discussed in previous units?
I WILL GIVE BRAINLEIST
In what ways do federal, state, and local regulatory agencies play a role in the hospitality and tourism industry, specifically the recreational sector? Identify and describe one example for each agency, evaluating the ways in which this agency impacts the hospitality and tourism industry by using your example as a framework.
What are three influences that led to the development of amusement parks and theme parks? Evaluate and describe some of the ways that these influences helped shape modern amusement and theme parks.
Imagine that you are looking to hire someone for a park ranger position. What characteristics or skills would you look for in the candidates? Why?
Shelly is accompanying her dad to work for a few days over summer break. Her dad is a theme park manager. What are some tasks, duties, and things that Shelly might observe her dad doing over these few days while she is with him at work?
Answer:
its only my opionion
Explanation:
local and state stakeholders and partners, with some assistance from federal groups. The realization of what federal agencies can and cannot do has led to new approaches. One example is community-based disaster preparedness (CBDP), which is increasingly used as a general framework for promoting local-level capacity building.
The hospitality industry is thought to have the biggest positive socioeconomic effects on employment, living standards, tax collections for state and municipal governments, and local retail sales growth.
What is hospitality?The term "hospitality" refers to the relationship that exists between a host and a guest in which the host accords the guest some measure of goodwill. This includes the welcoming and entertaining of guests, visitors, or strangers.
Medieval European pleasure gardens, industrialization, and world fairs are three factors that influenced the growth of amusement parks and theme parks. They contributed to the development of modern theme parks and amusement parks by introducing concepts of enjoyment and technological advancements that made mechanical rides possible.
The characteristics or skills for a park ranger will be:
Physical fitness to work outdoors. Strong communication skills.A willingness to help people and conservation efforts.Shelly can ensure all parts of the park are operating effectively in terms of staff and equipment and oversee the effective application of health and safety regulations and risk assessment to ensure a safe environment for park employees and the public
To learn more on hospitality, click here:
https://brainly.com/question/618712
#SPJ3
The typical starting point of any firm's marketing mix is the:____________
A) analysis of what production equipment is available and owned by the company
B) design of the promotion campaign to be used for the product
C) selection of the places through which the good or service will be sold
D) determination of the product's price, enabling future revenues and budgets to be estimated
E) development of the good or service to be sold
Answer: E. development of the good or service to be sold
Explanation:
The typical starting point of any firm's marketing mix is the development of the good or service to be sold. The marketing mix is simply a mix of the marketing strategies that are vital to achieve marketing aims and increase sales.
It should be noted that marketing mix begins with the product and without this, distribution, pricing and the promotion are not relevant.
Swapna owns a small flower shop. Which is the best example of
O Sell flowers to individuals and businesses.
Bring a little joy into everyday life.
O Serve people in need of fresh flowers.
Encourage staff to work toward a single goal
A little flower business is owned by Swapna. This is the finest illustration of marketing flowers to both people and companies.
Small companies are often either service providers or retail establishments like pharmacies, grocery shops, and small manufacturing facilities.
The operation of a flower shop may be quite lucrative. You'll start to notice a lot more money in your bank account after you understand pricing, and realize the benefits of cost management, master marketing, and master sales.
Although the term "florist" can also refer to someone who produces flowers for cutting, it is most frequently used to refer to the owner or manager of a flower business. A florist is someone you should consult whether designing bouquets for a wedding or purchasing flowers for a sick friend.
To learn more about the flower business
https://brainly.com/question/1917380
#SPJ1
Which of the following would be considered a 'Tamper proof container?'
What is Tamper Evident Packaging?
Tamper evident packaging that alerts the consumer to foul play or damage to the product.
What is meant by a tamper proof container?
Examples of approved containers- Sealed and Tamper Evident;
Cork or plug with a foil heat seal. crown capped glass bottles (similar to beer bottles). container with a shrink band or shrink wrap seal over the screw cap. heat- sealed closures over sealed caps.
Then you can grasp forward about tamper proof container too-
https://brainly.com/question/16110835
#SPJ2
Dividends Per Share
Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
20Y1 $75,000
20Y2 24,000
20Y3 90,000
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
The dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
To determine the dividends per share for preferred and common stock for each year, we need to divide the total dividend amount by the number of shares for each type of stock.
Preferred Stock:
The preferred stock has a 1% dividend rate and a par value of $100 per share. There are 30,000 shares of cumulative preferred stock.
Year 20Y1:
Dividend per share for preferred stock = Dividend amount / Number of preferred shares
Dividend per share for preferred stock = $75,000 / 30,000
Dividend per share for preferred stock = $2.50
Year 20Y2:
Dividend per share for preferred stock = $24,000 / 30,000
Dividend per share for preferred stock = $0.80
Year 20Y3:
Dividend per share for preferred stock = $90,000 / 30,000
Dividend per share for preferred stock = $3.00
Common Stock:
The common stock has a par value of $25 per share. There are 50,000 shares of common stock.
Year 20Y1:
Dividend per share for common stock = Dividend amount / Number of common shares
Dividend per share for common stock = $75,000 / 50,000
Dividend per share for common stock = $1.50
Year 20Y2:
Dividend per share for common stock = $24,000 / 50,000
Dividend per share for common stock = $0.48
Year 20Y3:
Dividend per share for common stock = $90,000 / 50,000
Dividend per share for common stock = $1.80
In summary, the dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
For such more question on dividends:
https://brainly.com/question/30360786
#SPJ8
If a firm faces ________________________, while the prices for the output the firm produces remain unchanged, a firm's profits will increase.
Answer:
be
Explanation:
v
H&R Block Tax Service is an example of which type of business.
a. Manufacturing
b. Wholesale
Retail
d. Service
Answer:
Service
Explanation:
Which of the following would not be a part of a company's human resources?
A Managers
B. Full-time employees
C. Temporary employees
D. All would be included as human resources
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
For more such answers on Economic demand
https://brainly.com/question/30703626
#SPJ8
Read the articles, the interview, and listen to the podcast then answer the following questions-
1. What is the main takeaway for you in each of them?
2. How can you incorporate what you learned in each of them into your final social media marketing plan?
"How to Create a Social Media Content Strategy"
"How to Integrate Your Digital Marketing and Social Media Plan for Online Success"
"The Journey of a Social Media Marketer: Q&A with SMT Influencer Rachel Strella"
Main takeaway: Creating a great social media content strategy is imperative for marketing and engaging your audience.
2a. I'll focus on a content strategy that meets our goals and audience needs.
2b. We'll regularly analyze content metrics to keep our strategy effective and flexible.
2c. I'll align our digital marketing with social media for a consistent brand experience. By merging plans, we can enhance our online presence and boost success.
2d. I'll apply the influencer's experiences to our marketing plan. I'll explore social media marketing challenges and strategies to adapt for success.
What is the Social MediaIntegrating Digital Marketing and Social Media for Online Success: Learn how aligning strategies can enhance brand experience and boost results.
Define your goals for content creation to increase brand awareness, website traffic, lead generation, or customer engagement. Identify target audience: demographics, interests, preferences. Use this info to personalize your content. Choose social media platforms that fit your audience and goals.
Analyze competitors' social media presence for successful tactics, content types, and engagement strategies. Get industry insights on what works well.
Learn more about Social Media from
https://brainly.com/question/1163631
#SPJ1
You should meet with your academic adviser at least once a __________.
Group of answer choices
Answer:
Once a Semester
Explanation:
Advisors can help you decide if you want to minor in something, and what the requirements are. They can ensure you're odds of graduating in four years is on track, or give you special permissions to take certain classes.
If you had to explain to someone what “citing a source” means, how would you describe it?
Answer:
A citation identifies for the reader the original source for an idea, information, or image that is referred to in a work. In the body of a paper, the in-text citation acknowledges the source of information used. At the end of a paper, the citations are compiled on a References or Works Cited list.
Sandhill uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retail) were $386000 ($590000), purchases during the current year at cost (retail) were $1975000 ($3220000), freight-in on these purchases totaled $125000, sales during the current year totaled $2920000, and net markups (markdowns) were $68000 ($104000). What is the ending inventory value at cost
Answer:
$567,056
Explanation:
Cost :
Merchanidize available for sale
= Beginning inventory + Purchases + Freight in
= $386,000 + $1,975,000 + $125,000
= $2,486,000
Retails:
Merchandize available for sale:
= Beginning inventory + Purchases + Markups
= $590,000 + $3,220,000 + $68,000
= $3,878,000
Ending inventory at retail = Retail total -markdowns - Net sales
= $3,878,000 - $104,000 - $2,920,000
= $854,000
Cost to retail ratio = $2,486,000 ÷ ($2,920,000 + $854,000)
= $2,486,000 ÷ $3,744,000
= 66.40%
Ending inventory at retail = $854,000
And
Cost to retail ratio = 66.40%
Therefore,
Ending inventory at cost = $854,000 × 66.40% = $567,056
True or False: The term “academic training” refers primarily to formal classes taken in school.
Answer:
False
Explanation:
If the sales tax rate is 7.25% in New York State, then how much sales tax would you pay in Albany for a $34 pair of pants?
Answer:
2.51
Explanation: youre welcome
On average, our representatives enroll one customer every 3 hours, while top performers make one sale per hour. How would you plan your workweek to maximize your earnings?*
Plan your workweek to maximize your earnings Identify peak sales hours, Set ambitious goals, Allocate more time during high-performance hours, Continuous improvement, Efficient time management, Develop strong customer relationships, and Continuous learning.
To maximize earnings in this scenario, it is important to strategically plan the workweek and focus on increasing the number of customer enrollments. Here is a potential plan to maximize earnings:
1. Identify peak sales hours: Analyze the data and determine the hours or time slots when sales are most likely to occur. This could be based on historical data or observations of customer behavior. Allocate more time during these peak hours to capitalize on potential sales opportunities.
2. Set ambitious goals: Aim to achieve or exceed the performance of top performers by setting ambitious sales goals. This mindset will drive motivation and focus throughout the workweek.
3. Allocate more time during high-performance hours: Dedicate a larger portion of the workweek to the hours when top performers make one sale per hour. By increasing the number of hours during these periods, there is a higher likelihood of securing more customer enrollments.
4. Continuous improvement: Regularly analyze and reflect on sales techniques and strategies. Identify areas for improvement and seek ways to refine your approach. This could involve studying successful sales tactics, attending sales training sessions, or seeking feedback from experienced colleagues or mentors.
5. Efficient time management: Optimize time management skills to ensure productivity during working hours. Eliminate distractions, prioritize tasks, and maintain a focused and organized work environment. This will help maximize the number of customer interactions and increase the chances of securing enrollments.
6. Develop strong customer relationships: Emphasize building rapport and establishing strong connections with potential customers. Focus on active listening, understanding their needs, and providing personalized solutions. By developing trust and fostering positive relationships, the likelihood of successful enrollments can increase.
7. Continuous learning: Stay updated on industry trends, product knowledge, and competitor offerings. This will enable you to effectively address customer inquiries, overcome objections, and provide value-added insights during sales interactions.
By implementing these strategies, planning the workweek to prioritize peak sales hours, setting ambitious goals, improving sales techniques, and managing time efficiently, you can increase the likelihood of maximizing earnings by securing a higher number of customer enrollments.
Know more about Strategically plan here:
https://brainly.com/question/29841727
#SPJ8
1 Acts (Laws passed by a government (e.g. the Parliament of South Africa) in accordance with the Constitution of
the country
Acts, also known as laws, are legislative measures that are passed by a government in accordance with the Constitution of a country.
The process of passing an Act typically involves several stages. It begins with the proposal of a bill, which is a draft law that is presented to the legislative body. The bill goes through a series of readings and debates, during which it may be amended or revised based on input from legislators and stakeholders.
Once the bill is approved by the legislative body, it is sent for further scrutiny, such as legal review and public consultation. Finally, the bill is enacted into law by receiving formal approval, usually through the signature of the head of state or a designated authority.
Acts play a crucial role in shaping the legal framework of a country. They cover a wide range of areas, including civil rights, criminal justice, taxation, environmental protection, labor regulations, healthcare, education, and many more.
Acts provide a legal basis for the functioning of government institutions, define citizens' rights and responsibilities, establish standards for public and private conduct, and promote social order and justice.
Acts are binding and enforceable, meaning that individuals and entities within a country are obligated to comply with their provisions. Violation of an Act can result in legal consequences, such as fines, penalties, or imprisonment, depending on the nature and severity of the offense.
Acts also reflect the evolving needs and values of a society. As societal perspectives change and new challenges emerge, governments may pass new Acts or amend existing ones to address these issues. Acts can be updated and repealed over time to ensure that the legal framework remains relevant and responsive to the needs of the people.
For more such questions on legislative measures visit:
https://brainly.com/question/29318513
#SPJ8
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
In a second-price sealed bid auction, what is the (weakly) dominant strategy for each bidder? Explain and show your reasons.
A player's offer that is equal to her value weakly outperforms all of her previous bids in a second-price sealed-bid auction. So speaking the truth is a marginally effective tactic.
What is a second-price sealed bid auction?Generally, A bidder who provides the highest price receives the product at the second-highest price in a second-price sealed-bid auction. The issues with both English auctions and the first encased auctions are resolved by this kind of auction.
Theorem In an auction with sealed bids at the second price, a player's offer that is equal to her value has a little advantage over all of her other bids.
In other words, stating the truth is a strategy that has a marginally dominating position.
Read more about second-price sealed bid auction
https://brainly.com/question/24261307
#SPJ1
Sifa Company is selling for Shs60.00 per share today. In one year, Sifa Company will be selling for Shs58.00 per share, and the dividend for the year will be Shs4.00. What is the cash return on this stock?
The cash return on the stock given its value now, dividend per share and its value in a year's time is 3.34% .
What is the cash return?The cash return is the sum of the dividend yield and the price return.
Dividend yield = dividend / price of the share today
$4 / 60 = 6.67%
Price return = (price in year's time - price today) / price today
= (58 - 60) / 60 = -3.33%
Cash return = 6.67% - 3.33% = 3.34%
To learn more about dividend yield, please check: https://brainly.com/question/27342287
#SPJ1
Most people in the US own stocks or bonds primarily through
Answer:
There 401k or other retirement accounts
Explanation:
most people are provided these through there jobs and are provided so they do not have to do any research themselves
The information of manufacturing cost of product A and products B in
THANH company in 200N as follows:
Production cost per unit (S)
Product A
Materials 200
Wages 100
Fixed overhead 350
Variable overhead 150
Profit 200
Selling price 1000
Output per week 200
Product B
Materials 150
Wages 200
Fixed overhead 100
Variable overhead 200
Profit 350
Selling price 1000
Output per week 100
Required:
Comments on the relative profitability of product A and products B in THANH company in 200N
Manufacturing cost of both product A and product B have a profit margin of $0 per unit.
To assess the relative profitability of product A and product B in the THANH company in 200N, we need to compare their profit margins. Profit margin is calculated by subtracting the production cost per unit from the selling price per unit.
Let's calculate the profit margins for both products:
Product A:
Selling price per unit: $1000
Production cost per unit: $200 (Materials) + $100 (Wages) + $350 (Fixed overhead) + $150 (Variable overhead) + $200 (Profit) = $1000
Profit margin per unit = Selling price per unit - Production cost per unit = $1000 - $1000 = $0
Product B:
Selling price per unit: $1000
Production cost per unit: $150 (Materials) + $200 (Wages) + $100 (Fixed overhead) + $200 (Variable overhead) + $350 (Profit) = $1000
Profit margin per unit = Selling price per unit - Production cost per unit = $1000 - $1000 = $0
From the calculations, both product A and product B have a profit margin of $0 per unit.
Based solely on the profit margins, it appears that neither product A nor product B is profitable for the THANH company in 200N. However, it's important to note that this analysis only considers the production cost per unit and does not take into account other factors such as demand, market conditions, or overall company profitability.
for similar questions on manufacturing cost.
https://brainly.com/question/13767214
#SPJ8
How do consumer expectations affect the demand for a product?
——————————————-
A. By connecting demand for a good to the availability of
complementary goods
B. By increasing the demand for goods expected to become more
expensive later
C. By reducing the supply of a good as demand for the good
increases over time
D. By lowering the good's equilibrium price to better reflect growing
consumer demand
Answer:
B. By increasing the demand for goods expected to become more expensive later
Explanation:
A product's price increase results in both an increase in demand for alternatives to the product and a drop in demand for complementary goods.
What impact do consumer expectations have on a product's demand?Consumer expectations cause people to demand either more or less of a good.
Consumer expectations include things like future pricing, income, and product availability.Demand will increase if expectations rise, and vice versa.The immediate demand will decline if a consumer knows a product will be on sale in a week since they will purchase it then. Consumer demand will grow right away if they anticipate a product's price to rise in the coming week.Learn more about consumer expectations affect the demand for a product here https://brainly.com/question/17910824
#SPJ2
After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.
Answer:
Debt financing
Explanation:
Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.
The debt instrument attracts interest payment.
Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.
In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing
In contrast equity financing involves sale of shares to obtain capital
Which of the following plans generally identifies the basic
purpose of an organization?
(A) Competitive strategy
(B) Corporate policy
(C) Mission statement
(D) Long-range plan
Answer:
Explanation:
A mission statement is a concise statement that describes the fundamental purpose of an organization, including its key stakeholders, the products or services it provides, and the values that guide its operations. It is an essential component of an organization's strategic planning process and serves as a guiding principle for decision-making and goal-setting.
Competitive strategy refers to the methods and techniques that a company uses to gain a competitive advantage in the marketplace, while corporate policy refers to the rules and guidelines that govern an organization's operations. Long-range plans are strategic plans that extend several years into the future and outline an organization's goals and objectives over that time period.
Therefore, the answer is (C)- Mission statement
This professional analyzes statistics and uses them to calculate risks and premiums
Answer:
Explanation:
An actuary compiles and analyzes statistics and uses them to calculate insurance risks and premiums. Mehmud and associates created the tool, called “Wakely Risk Insight,” to aid the consulting firm’s clients.