Hodgkiss mfg., inc., is currently operating at only 86 per cent of fixed asset capacity. current sales are $620,000. The maximum sales growth before any new fixed assets are needed is 0.1494
max capacity (620,000/.87)=712644
max sales growth (712644/620,000)-1 = 0.1494
For the most part, analysts utilise the fixed asset turnover ratio (FAT) to gauge operating growth. The ability of a firm to generate growth in net sales from its fixed-asset investments, such as property, plant, and equipment, is gauged by this efficiency ratio, which compares net sales to fixed assets. A greater fixed asset turnover ratio shows that a corporation had an efficient growth of fixed asset investments to drive sales. Less cumulative depreciation, the amount of property, plant, and equipment make up the net fixed assets.
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Loyal customers and proprietary bread both fall within which part of the swot analysis?
Strength is the primary component falls for each unswerving client and proprietary bread in swot analysis.
The strengths of an enterprise describe what an organization excels at and what separates it from the opposition: a robust brand, unswerving consumer base, a robust stability street, specific technology, and so on.
What is a SWOT analysis?SWOT is a form for strengths, weaknesses, opportunities and threats.
The SWOT analysis helps you see however you stand in the marketplace, how you'll grow as a business and wherever you're vulnerable. This easy-to-use tool conjointly helps you establish your company’s opportunities and any threats it faces. The method takes account of each of the interior and external factors your company should navigate.
Strengths and weaknesses are typically internal to your organization, whereas opportunities and threats typically relate to external factors. For this reason, the SWOT Analysis is typically referred to as internal-external analysis and also the SWOT matrix is sometimes called an i.e. matrix.
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On october 31, pizza company sold pumpkin spice pizzas for halloween parties on account. The customers have 30 days to pay for the pizzas. In which month should pizza company record the revenue under accrual accounting?.
Pizza delivery service supplied pumpkin spice pizzas on credit for Halloween parties on October 31. Customers had 30 days to pay for the pizzas. Pizza company must record the revenue using accrual accounting in the month of October (revenue is recognized when the goods are delivered, which is in October).
Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.
A company's revenue is the money generated by its operations. Depending on the company chosen accounting approach, there are several ways to compute revenue. Sales made using a credit card will be counted as revenue for products or services that were delivered to the customer. In accordance with some regulations, revenue is recorded even if payment has not yet been made.
To determine how effectively a business collects unpaid debt, it is important to review the company cash flow statement. Contrarily, sales will only be recorded as revenue in cash accounting after money has actually changed hands. A "receipt" is just a payment made to a business, and receipts can exist independently of revenue.
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real estate licensees are seldom guilty of blatant discrimination, but unintentional discrimination does exist. what's one example of unintentional discrimination?
Answer:
- Not taking middle-class buyers to wealthy neighborhoods during house viewings due to their budget
- Dedicating more time to helping wealthy buyers find a home as opposed to middle-class buyers
Explanation:
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the demand for dell laptops is more price elastic than the demand for laptops as a whole. this can be best explained by the fact that a. there are more substitutes for dell laptops than for laptops as whole b. there are fewer substitutes for dell laptops than for laptops as whole c. dell laptops are luxurious g
There are fewer substitutes for dell laptops than for laptops as whole. The demand for Dell laptops is more price elastic than the demand for laptops as a whole. This can be best explained by the fact that.
A. There are fewer substitutes for Dell laptops than for laptops whole.
B. There are more substitutes for Dell laptops than for laptops as a whole
C. Dell laptops are luxurious goods.
Dell sells PCs, servers, data storage devices, network switches, software, computer peripherals, HDTVs, cameras, printers, and electronics manufactured by other companies. The company is well-known for its supply chain management and electronic commerce. This includes Dell selling directly to customers and delivering desired PCs. Dell was a solely hardware vendor until it acquired Perot Systems in 2009. Dell then entered the IT services market. The company has expanded its storage and networking systems, and it now aspires to provide a range of technology to enterprise customers rather than just computers.
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the demand for money is expressed as a. upper m superscript d baseline equals upper y upper l left parenthesis i right parenthesis . b. upper m supers
Upper M Superscript d Over Upper P EndFraction equals 500 plus 0.2 Upper Y minus 1000 i . The Fed makes sure that money supply equals money demand.
Money demand is a direct, proportional, and positive function of income. It's written as LT = KY. Where LT is the transaction demand for money, K is the share of income maintained for transaction purposes, and Y is the income. However, it should be recalled that Keynes made the LT function stretchy. In a conventional money demand function, the income (Y), projected inflation (), and interest rate (I) are three fundamental elementary factors. In theory, Money Supply or money demand is an incremental function of real income, as ordinary budget conditions dictate, and it is an essential variable in the money demand function.
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on average, a book sells for $60. variable selling expenses are $5 per book with the remaining selling expenses being fixed. the variable administrative expenses are 4% of sales with the remainder being fixed. the net operating income using the contribution approach for the first quarter is:
By subtracting cost of goods sold(COGS) and variable expenses from total sales we get Contribution. Here variable expenses include both variable selling and variable administrative expenses.
Through this we get contribution of given question as 163,000.
Contribution = Sales - Cost of Goods Sold - Variable Selling Expenses- Variable Administrative Expenses
No. of Books Sold= Sales Reported/ Average Selling Price per Book
=900,000/60= 15,000 books
Total Variable Selling Expenses= No. of Books x Selling Price per unit
= 15,000 books x $5 per book= $75,000
Total Variable Administrative Expenses= Sales x 3%
=900,000 x 3% = $27,000
Contribution Margin= 900,000 + 635,000 +75,000 + 27,000=163,000
Contribution Margin = $163,000
The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses.
One of the main components of break-even analysis is the idea of contribution margin.
Labor-intensive businesses with few fixed expenses tend to have low contribution margins, whereas capital-intensive, industrial businesses have more fixed costs and, thus, higher contribution margins.
Your question is incomplete. Kindly find the missing content below:
An income statement for Sam's Bookstore for the first quarter of the year is presented below:
Sam's Bookstore Income Statement For Quarter Ended March 31
Sales= $900,000
Cost of goods sold= 635,000
Gross margin= 265,000
Selling and administrative expenses:
Selling= $101,000
Administration= 106,000
Net operating income= $58,000
On average, a book sells for $60. Variable selling expenses are $5 per book with the remaining selling expenses being fixed. The variable administrative expenses are 3% of sales with the remainder being fixed.
The contribution margin for Sam's Bookstore for the first quarter is?
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you want to buy a new car, but you can make an initial payment of only $2,000 and can afford monthly payments of at most $400. if the apr on auto loans is 12% and you finance the purchase over 48 months, what is the maximum price you can pay for the car?
The max price you can pay for car is $51352.34
Solution:
Now let's see the top price of the car.
[tex]\text { CarPrice }=\frac{A\left((1+r)^{n}-1\right)}{r(1+r)^{n}}+\text { Down Payment }[/tex]
where A is the amount you can afford to pay each month. r is the effective rate of 1%. n is the periodic payment period.
[tex]\text { CarPrice }=\frac{400\left((1+0.01)^{48}-1\right)}{0.01(1+0.01)^{48}}+2,000=\$51352.34[/tex]
What is Interest Rate?
The interest rate is the amount that the lender charges the borrower and is the principal - a percentage of the loan amount. Loan interest rates are usually quoted on an annual basis known as the annual rate (APR). Interest rates may also apply to amounts earned from bank or credit union savings accounts or certificates of deposit (CDs). Annual Rate of Return (APY) refers to the interest earned on these deposit accounts.
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If an adjusting entry's credit is to a liability account, then the debit must be to ______.
If an adjusting entry's credit is to a liability account, then the debit must be to Expense.
What is adjusting entry?Adjusting entries can be described as the changes to journal entries that have been recorded this is way to confirm that the numbers that have recorded match up to the correct accounting periods.
It should be noted that If an adjusting entry's credit is to a liability account, then the debit must be to Expense because expenses are those item that were spent on which means the firm were debited for it.
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A plot drawn to show the relationship between bond yields and maturity is known as the?
A plot drawn to show the relationship between bond yields and maturity is known as the yield curve.
A yield curve is a line that plots yields (interest rates) of bonds having equal credit quality but differing maturity dates. The slope of the yield curve gives an idea of future interest rate changes and economic activity.
The yield curve refers to the chart of current pricing on US Treasury Debt instruments, by maturity. The US Treasury currently issues debt in maturities of 1, 2, 3, and 6 months and 1, 2, 3, 5, 7, 10, 20, and 30 years.
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The least important evidence of a cpa firm's evaluation of its system of quality controls would concern the cpa firm's policies and procedures with respect to?
The least important evidence of a cpa firm's evaluation of its system of quality controls would concern the cpa firm's policies and procedures with respect to determination of audit fees
Coverage is a deliberate system of tips to guide decisions and achieve rational effects. A policy is a statement of intent and is carried out as a method or protocol. policies are generally followed by way of a governance frame inside an corporation.
Coverage is a law, regulation, manner, administrative action, incentive, or voluntary exercise of governments and other institutions. policy selections are frequently reflected in aid allocations. health may be influenced by regulations in lots of unique sectors.
The term may additionally practice to authorities, public quarter agencies and agencies, as well as individuals, Presidential government orders, corporate privacy policies, and parliamentary policies of order are all examples of coverage. coverage differs from rules or law.
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during february, assets increased by $84,000 and liabilities increased by $24,000. equity must have
Assets - Liabilities = Equity
= 83000-23000
Equity is 60000.
The response is (a) Increased by $60000.
5) Cash, accounts receivable, supplies, inventories, and prepayments are all included in current assets.
Account payable.
6) The three names for the income statement are Statement of operations, Statement of earnings, and Statement of profit and loss.
So, the correct response is d) Statement of financial situations.
7) Due to the fact that most businesses use accrual accounting rather than cash accounting, the amount of money collected from accounts receivable is reported in the statement of cash flow.
Response: (c) Statement of cash flow
What is account payable?
Accounts payable refers to the money that a business owes its suppliers, whereas accounts receivable refers to the money that a business is due, generally by clients. When a business conducts a credit transaction with another, the first firm records an entry to accounts payable while the second records an entry to accounts receivable.
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what are the four broad areas of opportunity a company can pursue in the marketing strategy planning process? (check all that apply.)
The four broad areas of opportunity a company can pursue in the marketing strategy planning process are:
Diversificationproduct developmentmarket developmentmarket penetrationThe marketing strategy planning process denotes the creation of a marketing strategy that features the firm's aims, programs implemented to reach those aims, the duration required to reach those aims, and so on. This is very crucial and significant in reaching business objectives. This aids in increasing revenue and profits, achieving greater visibility and ruling out competitors.
The marketing strategy planning process involves developing a company mission, objectives and goals, business portfolio, and functional plans. It provides a broad framework according to which all future organizational activities will be conducted.
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Smart strategic leaders devise ways to make sure that their employees feel invested in the firm's vision. true false
A smart strategic leader comes up with ways to guarantee that their staff members or employees believe in the firm's vision and mission. Thus, the claim is true!
The methods used by a strategist are actually highly dependent on the formulation and implementation of their own leadership tactics, including scenario planning, planned emergence of strategy, and strategic planning.
A smart strategic leader uses their position of authority and influence to control employees' behavior in support of an organization's objectives.
If the strategic leader is smart, they will always devise ways to make sure that their employees feel invested in the firm's vision.
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a shortage is defined as the situation that exists when the quantity of a good supplied is greater than the quantity demanded.
False, a shortage is defined as the situation that exists when the quantity of a good demanded is greater than the quantity supplied.
More about shortage here:
When amount supplied at the market price is less than quantity demanded, a shortage results. More people than what is currently available are willing and able to purchase the good at the current market price.
A corporation manufacturing a good or service may have miscalculated demand, which prevented it from keeping up with demand, or government regulations like price-fixing or rationing may also be to blame.
Natural catastrophes that wreak havoc on a region's physical landscape can also result in shortages of necessities like food and housing, which raises the cost of those things.
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according to the midpoint method, the price elasticity of demand for oranges between point x and point y is approximately0.05 , which suggests that the demand for oranges is between points x and y.
Yes According to the Mid Point Method The degree to which customers are receptive to price changes is gauged by their price elasticity of demand.
WORKING OF MID POINT METHOD
Demand is considered to be elastic if consumer behaviour changes significantly in reaction to a minor change in price, as opposed to inelastic if customers alter their purchasing behaviour very little in response to a large change in price.
The percentage change in quantity subtracted from the percentage change in price represents the price elasticity of demand. The following formula may be used to calculate the percentage change in the number of oranges requested in this area using the midpoint method:To learn more about Mid Point Method, Click the links
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0.05% of all tax returns filed electronically contain errors, but 20% of all tax returns filed manually contain errors. if 3.3 million tax returns are filed each way, how many more manually filed returns containing errors will there be than electronically filed returns containing errors? a. 330,825 b. 643,500 c. 321,750 d. 658,350 please select the best answer from the choices provided a b c d
There will be 658,350 more manually filed returns with errors than there will be electronically filed returns with errors.
Error rate in electronic tax return filed = 0.05%
Error rate in manual tax return filed = 20%
Tax returns filed = 3.3 million
Formula used:
Number of manually filed returns=(Tax returns filed manually contain errors×Tax return)- (Tax returns filed electronically contain errors× Tax return)
Plugging the values in the formula we get:
Number of manually filed returns=(20%×3.3 million)-(0.05%×3.3 million)
Number of returns filed manually =660,000-1650
Number of returns filed manually =658,350
In conclusion: There will be 658,350 more manually filed returns with errors than electronically filed returns with faults.
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consumers in japan purchase baseball jerseys from their favorite us baseball teams. the jerseys are produced in the united states
As consumers in japan purchase baseball jerseys from their favorite us baseball teams, the jerseys are produced in the united states serve as a payment for goods and services, an inflow and a credit to US account.
What is a investment?In the concept of national income, the investment rers to the amount that remains of total expenditure after consumption, government spending and net exports are subtracted.
To the United States, the purchased baseball jerseys is an example of positive investment, hence , it is recorded as payment for goods and services, an inflow and a credit to US account.
Full question "consumers in japan purchase baseball jerseys from their favorite us baseball teams. the jerseys are produced in the united states_______"
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In the buying center, ryan answers the phones, receives and opens the mail, and monitors the incoming email. He sorts through all the sales solicitations and forwards the most interesting ones to his boss. Which role is he playing in this decision-making unit?.
In the buying center, Ryan answers the phones, receives and opens the mail, and monitors the incoming email. He sorts through all the sales solicitations and forwards the most interesting ones to his boss. The role that he is playing here in decision-making is of a gatekeeper.
In the decision-making unit of an organization a gatekeeper is someone who refines the information reaching various people working in the organization. They collect and process all the data that is reached to them and then decide where and to whom does to transfer this data.
Such a coordination helps in the better understanding and makes the tasks of every employee a lot easier.
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Lee sun's has sales of $3800, total assets of $3500, and a profit margin of 6 percent. the firm has a total debt ratio of 42 percent. what is the return on equity?
The return on equity for lee sun's firm is 9.52 percent.
How to calculate the return on equity ?The first step is to calculate the assets turnover
= total assets/total sales
= 3500/3800
= 0.921
The next step is to calculate the equity to assets ratio
= 1 - 42/100
= 1 - 042
= 0.58
The next step is to calculate the leverage multiplier
= 1/0.58
= 1.724
Therefore the ROE can be calculated as follows
= profit margin × assets turnover × leverage multiplier
= 0.06 × 0.921 × 1.724
= 0.0952 × 100
= 9.52%
Hence the ROE is 9.52%
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A(n) ____________ is a person who assumes the risk of starting a business. select one: a. private investor b. stakeholder c. manager d. entrepreneur
A(n) entrepreneur is a person who assumes the chance of starting an enterprise.
An entrepreneur is a man or woman who creates a brand new enterprise, bearing maximum dangers and enjoying maximum rewards. The process of putting in an enterprise is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a supply of new thoughts, goods, services, and business/or procedures.
An entrepreneur is a man or woman who creates and grows a business thru their creative thoughts. marketers play key roles in producing earnings as they develop their businesses. An entrepreneur identifies a commercial want of their network, crafts an enterprise idea, and takes the lead role to begin their enterprise. entrepreneurs are critical to marketplace economies due to the fact they are able to act because the wheels of the monetary boom of us a. with the aid of developing new services and products, they stimulate new employment, which in the end affects the acceleration of economic development.
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The commissioner obtains a restraining order against a person who has violated an insurance law. the person continues the violation for 15 days. the person will have to pay a fine of?
In general, the penalty for violating an insurance law is a civil fine. The amount of the civil fine depends on the severity of the violation and can be as high as $5,000 per violation.
What are the benefits of a restraining order?A restraining order is a criminal record that prohibits one character from contacting some other character.
The blessings of a restraining order are the following:
Helping to guard the sufferer against in addition abuse Preventing the wrongdoer from violating any orders or laws Protecting the sufferer's own circle of relatives participants and different capacity sufferers to get a restraining order, the sufferer has to first record a petition with the courtroom docket. The petition must be filed via way of means of the sufferer. The wrongdoer has to signal a sworn declaration agreeing to observe the order and now no longer touch the sufferer. The courtroom docket will then trouble a restraining order.To learn more about Insurance law, visit:
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directly after respondents review an advertising concept, it is best practice in an advertising concept survey to .
Directly after respondents review an advertising concept, it is a best practice in an advertising concept survey to gather first impressions using open-ended questions.
What is advertising?It corresponds to a set of techniques for promoting products, services and ideas through the transmission of a communication to the potential public in different communication channels, such as TV, social media and newspapers.
The purpose of advertising is to encourage a purchase or call for action on a societal need, such as encouraging vaccination to prevent infectious diseases, for example.
For businesses, advertising is a tool that helps attract and retain potential consumers, through the transmission of values, promotions, programs and concepts capable of promoting the business, generating interest and actually generating profitability.
Therefore, in any advertising concept research, first impressions using open-ended questions will help to better understand the effect of the research on respondents.
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Dylan majored in music education in college but then attended a graduate school where he achieved a master's degree in business administration. What company in the Education and Training cluster might be interested in hiring Dylan?
A. a college sports program in need of a trainer
B. a private performing arts school looking for a vice principal
C. a small daycare center in need of a classroom aide
D. a high school looking for a behavioral therapist
Granting a foreign company the right to manufacture your product or to use your firm's trademark in return for a fee is called:______.
Granting a foreign company the right to manufacture your product or to use your firm's trademark in return for a fee is called: licensing.
A license is an official permission or license to do, use, or own something. A license is granted by one party to another by agreement between those parties. In the case of government-issued permits, permits are granted by the application.
A business agreement in which one company authorizes another to manufacture its products for a specified payment. There are several faster or more cost-effective ways to grow your business other than licensing your patents, trademarks, copyrights, designs, and other intellectual property to third parties.
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amalgamated metals corporation’s stockholders are mostly individual investors, and there is relatively little institutional ownership. if several pension and mutual funds were to take large positions in amalgamated metals corporation’s stock, direct shareholder intervention would be likely to motivate the firm’s management.
A stockholder or shareholder is an institution or individual including a corporation that legally owns one or more shares of stock in a public or private corporation. Shareholders receive ownership rights based on their percentage of ownership in corporate stock.
Shareholders and stockholders are the same things. Both words describe someone who owns shares of stock in a business. For the purposes of this article, we'll use the term "shareholders.
Shareholders are individuals, companies, or trusts that own shares of a for-profit corporation. The individuals own a specific number of shares, which they each purchased at a specific price.
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assuming competitive markets with typical supply and demand curves, which of the following statements is correct?
Assuming the competitive markets with typical supply and demand curves, the correct statements is an increase in demand with no change in supply will result in an increase in sales
What is a competitive markets?
This refers to a market structure in which no single consumer or producer has the power to influence the market. The market's response to supply and demand fluctuates with the supply curve and as a representation of a product's quantity.
It is also called a perfect competition, which is a market structure where all producers and consumers have full and symmetric information and no transaction costs, here, there are a large number of producers and consumers competing with one another in this kind of environment.
Hence, for the competitive markets with typical supply and demand curves, the correct statements is an increase in demand with no change in supply will result in an increase in sales
Therefore, the Option D is correct.
Missing options "A. An increase in supply with a decrease in demand will result in an increase in price.B. An increase in supply with no change in demand will result in an increase in price.C. An increase in supply with no change in demand will result in a decline in sales.D. An increase in demand with no change in supply will result in an increase in sales"
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An apprenticeship involves _____. a. hands-on experience in a skill b. extensive internet research c. classes at a vocational-technical center d. a four-year degree. please select the best answer from the choices provided a b c d
An apprenticeship involves hands-on experience in a skill.
An apprentice is a person who has agreed to work for a skilled person for a predetermined period of time, typically for low pay, in order to learn about their abilities. A program of education in any industry or business is referred to as apprenticeship training. During the apprenticeship program, fundamental instruction (theoretical classes) and practical on-the-job training are provided.
Through apprenticeship programs, employers can recruit and develop a highly trained workforce that supports the growth of their business. Boost a company's profitability, output, and bottom line.
Employers can fill skill gaps and individuals can earn money while acquiring new skills through apprenticeships. Low to no debt is incurred during an apprentice's education. Apprentices may occasionally obtain college credit for their schooling and on-the-job training in apprenticeship programs. This credit may be used toward an associate's degree and, in some situations, a bachelor's or master's degree, depending on the field.
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Answer:3 hunnid
Explanation:
yea
tim berners-lee, cofounder of intel, observed in 1965 that continued advances in technological innovation made it possible to reduce the size of a computer chip while doubling its capacity every two years.
Tim Berners-Lee, cofounder of intel, observed in 1965 that continued advances in technological innovation made it possible to reduce the size of a computer chip while doubling its capacity every two years is a false statement.
Why is the statement above false?The statement about Tim Berners-Lee is false because the statement is actually about Gordon Moore.
He was the one who postulated the Moore's Law. Gordon Moore is known to be the co-founder of Intel, and he was also known to be the one who had correctly predicted in a 1965 paper that computer processing power would increase times 2 every two years
Therefore, Tim Berners-Lee, cofounder of intel, observed in 1965 that continued advances in technological innovation made it possible to reduce the size of a computer chip while doubling its capacity every two years is a false statement.
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Tim Berners-Lee, cofounder of intel, observed in 1965 that continued advances in technological innovation made it possible to reduce the size of a computer chip while doubling its capacity every two years. True or false
a grocery store manager monitors local weather reports to determine if the store will need to stock extra bread, milk, and eggs prior to a winter storm.
A grocery store manager monitors local weather reports to determine if the store will need to stock extra bread, milk, and eggs prior to a winter storm- Informational.
Data are turned into something that has meaning, worth, or relevance to create information. Business information is data that has relevance, value, or meaning for your company. Any reports, spreadsheets, metrics, regulatory reporting, web pages, documents, dashboards, etc. that meet the criteria for having relevance, value, or meaning for your organization would be included.
Even groupings of data sources might constitute business information. For instance, your data warehouse qualifies as business information because it combines your data to produce actionable information. Hence collecting information about weather condition is considered informational.
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Which term describes the process of applying safeguards to avoid a negative impact?
Risk avoidance is the term used for applying safeguards to avoid a negative impact.
Risk avoidance is the removal of those practices or activities that can harm a company and its investments. While it is hardly ever feasible to completely eliminate all risk, a risk avoidance strategy is developed to divert as many dangers as feasible in order to prevent the expensive and disruptive repercussions of a negative event.
Risk avoidance is a particular approach to risk management that necessarily involves a methodical process. Decision makers must recognize and evaluate the dangers that their organization faces, as well as ascertain how to reduce the probability of those potential dangers causing the company to suffer.
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