Answer:
operating income will increase by $56,889
Explanation:
current income statement:
total revenue $450,000
- variable costs ($130,000)
gross margin $320,000
- fixed costs ($50,000)
operating income $270,000
income statement with sales increase:
total revenue $530,000
- variable costs ($153,111)
gross margin $376,889
- fixed costs ($50,000)
operating income $326,889
operating income will increase by $56,889
variable costs = $130,000 / $450,000 = 28.89%
Answer:
$26,300.
Explanation:
The operating income for the current year is $270,000 (450,000 - 130,000 - 50,000). When sales change, variable costs also change with the change of output, but fixed cost remains the same. So we have to calculate the variables costs when sales increase by $80,000. To do so, variable expense ratio, calculated as variable expense / sales, will be used.
So, variable expense ratio is .29 (130,000 / 450,000).
Calculation for Change in Operating Income when sales are $530,000 (450,000 + 80,000) is as follows:
Sales revenue $530,000
Variable costs (530,000 * .29) (153,700)
Fixed costs (80,000)
Operating Income $296,300
⇒ Operating Income will increase by $26,300 (296,300 - 270,000) when sales increase by $80,000.
B. confidence
C. work-related knowledge
D. personality
Answer:
The Correct Answer is C
Explanation:
The principal purpose a person enhances a supervisor is
A. motive.
B. courage.
C. work-related knowledge.
D. character
the result is C because all of the different things a personality can have and yet not be a supervisor.
A supervisor observes that they can manage an administration. so that is why they grow as a supervisor
a private lender
a college
a parent
the federal government
So, we need to find the amount
Amount=P(1-R/100)^n
=9500(1-0.9/100)⁵
=9500(100-0.9)/100)⁵
=95×99.1×(99.1/100)×(99.1/100)×(99.1/100)×(99.1/100)
=9080.12606
Hence, the profit in 2019 was 9080.12606
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Answer:
... an increase in supply due to an improvement in technology will result in a lower price and decrease in total revenue.
Explanation:
Price Elasticity of Demand = % change in quantity demanded / % change in price
When elasticity < 1, % change in price will be larger than % change in quantity demanded.
Increase in supply means increase in quantity to be sold. There will be a larger decrease in price (Normally when price rises quantity demanded falls and vice versa)
Revenue = Price x Quantity => when price decreases more than quantity increases, revenue will fall
An ad by the Minnesota State Tourism Department, which promotes Minnesota as a vacation destination, was published in Life Mode magazine. The ad includes a picture of a couple against a scenic backdrop. In this print ad, the source of the advertising message is the Minnesota State Tourism Department
Tourism department generates revenues to the government with the help of the natural resources and beautiful destinations that exists in a country. Money will be collected from the people who visits the places in the country. This type of depart earns a lot of revenue during the time of vacations.
They also promote by giving certain discounts and offers during vacation time for attracting many people towards that destination. They also give advertisements for making the people to support state tourism to generate resources for the nation. Thus, in the given example the source of the advertising message is the Minnesota State Tourism Department.
Answer:
A. Fair Credit Reporting Act
Explanation:
Fair Credit Reporting Act -
The act started in the year 1970 , in order to get accuracy , and private information of the consumers about the credit report .
According to this act , it ensures the proper regulation of the consumer's' credit information and its credit reports , is known as the Fair Credit Reporting Act .
Hence , from the given statement of the question ,
The correct option is A. Fair Credit Reporting Act .