The entry to journalize the sale would include a credit to sales tax payable for $78.
Sales tax can be defined as the tax paid to the governing body for the sales of certain products.
As the selling price of the merchandise is $1,300 and the state sales tax is 6%, this means that 6% of $1300 has to be paid to the state governing body.
Sales tax = 6% of 1300
Sales tax = 6/100 × 1300
Sales tax = 0.06 × 1300
Sales tax = $78
Therefore; the entry to journalize the sale would include a credit to sales tax payable for $78 if the selling price of the merchandise is $1300.
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assume that the ending merchandise inventory was accidently understated by $300. what are the correct amounts for cost of goods sold and gross profit?
Average inventory equals (Beginning inventory + Ending inventory) / 2, according to the formula. Knowing the formula alone won't get you very far, though. Your overall inventory strategy should include calculating average inventory.
What is the right formula to determine the average merchandise inventory?Average inventory equals (Beginning inventory + Ending inventory) / 2, according to the formula. Knowing the formula alone won't get you very far, though. Your overall inventory strategy should include calculating average inventory. Add the opening and closing inventories together, then multiply the result by two to get the average inventory. The daily inventory utilization is the outcome. The variance in average inventory may reflect the nature of the company and the degree of its volatility exposure.The ideal inventory turnover ratio for the majority of industries will be between 5 and 10, meaning the business will sell and refill inventory every one to two months. The optimal ratio will be higher for businesses that deal in perishable goods, like florists and supermarkets, to reduce inventory losses due to spoiling.To learn more about average merchandise inventory refer to:
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Which of the following can an ATM at your bank be used for?
To check your debit card with a bank teller is an ATM at your bank be used for. An automated teller machine, or ATM, is a customized computer that makes it simple for bank account holders to manage their money.
One can use it to print a statement of account activity or transactions, check account balances, withdraw or bank deposit money, and even buy stamps. ATMs come in two main categories. Customers only have access to cash withdrawals and account balance updates in basic units. The more sophisticated machines enable line of credit payments and transfers, receive or debit deposits, and access account data.
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according to duffy fashion bloggers often group of answer choices go to school to learn how to blog are fresh out of school but have no experience have experience in fashion, journalism, design and/or marketing are novices without training or experience
According to Duffy fashion bloggers have experience in fashion, journalism, design and/or marketing.
A fashion blogger is someone who posts fashion and style-related articles, outfit photographs, and videos on their site. A fashion blogger is essentially a cross between a model, journalist, and stylist. A fashion blog might discuss a variety of subjects, including specific clothing and accessory products, beauty advice, developments in the apparel industry, celebrity style decisions, and street styles. From the biggest fashion design studios to the smallest freelance designers, they cover fashion at all levels. Like the contents of fashion magazines, many fashion blogs might also be labelled as shopping blogs. A few fashion retailers have created blogs to advertise their goods.
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you are given the task of brainstorming with a team about how the marketing information and research results will help your company adjust the marketing strategy for the price of its product. what types of questions should you be asking?
The types of questions should you be asking is How are we doing at providing good value for the price?
What is marketing strategy?A marketing strategy is a long-term plan for attaining a business' objectives through an understanding of client needs and the development of a distinct and long-lasting competitive advantage. It includes everything, from choosing which channels to utilize to contact your customers to figuring out who they are. A company's limited resources can be focused on the best possibilities to boost sales and gain a long-term competitive edge through the use of a marketing plan. Product, pricing, place, and promotion make up the four Ps. They serve as an illustration of a "marketing mix," or the collection of tools and techniques utilized by marketers to accomplish their marketing goals.The types of questions should you be asking is How are we doing at providing good value for the price?To learn more about marketing strategy refer to:
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which of the following would decrease the supply of sugar? group of answer choices the price of artificial sweeteners rises dramatically. the demand for sugar increases. a technological advance lowers the cost of producing sugar. the tariff (tax) on imported sugar increases.
Decrease the supply of sugar the tariff (tax) on imported sugar increases.
What is supply?
Supply in economics refers to the amount of a commodity that firms, producers, labourers, financial asset providers, or other economic agents have willing and able to deliver to the market or to an individual. Supply can be in the form of manufactured items, labour time, raw resources, or any other rare or valued item. Supply is frequently graphed as a supply curve, with the unit price on the vertical axis and the quantity delivered as a function of price on the horizontal axis. This reversal of the dependent and independent variable's typical positions is an undesirable but standard convention.
The supply curve might be for a single vendor or for the marketplace as a whole, with the quantity given by all sellers added up.
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What is the keyboard shortcut you can use to update a selected table of contents?
Question 3 options:
F9
F10
F11
The "F9"+Fn is the keyboard shortcut that we can use to update a selected table of content.
What is the use of F9 function?On a computer, the F9 key is a key found at the top of almost all keyboards. It is often used to open the Mission Control on an Apple computer and also has other uses depending on the computer and program.
We can use this function by opening the program that uses the key and press F9. If the key has an icon on the key, it does indicates the key has a secondary function. In other to use the secondary function, we will press and hold down the Fn key and while continuing to hold the key, press F9.
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In Calc, what does the * symbol mean?
A.
Divide by
B.
Multiply by
C.
Subtract
D.
Calculate these numbers first
If an increase of $10 billion of investment results in an increase in equilibrium expenditure of $40 billion, the expenditure multiplier equals.
Based on the fact that the increase in investment led to such an increase in equilibrium expenditure, then the expenditure multiplier can be found to be E. $40 billion ÷ $10 billion = 4.
How to find the expenditure multiplier?The expenditure multiplier shows how much expenditure will increase by, as a result of an increase in investment or other factors that bring about a cash injection into the economy.
The expenditure multiplier in this case, can be found by the formula:
= Equilibrium expenditure / Increase in investment
Solving for the Expenditure multiplier gives:
= 40 billion / 10 billion
= 4
Options for this question include:
A. $10 billion $40 billion = - $30 billion. B. $40 billion $10 billion = $30 billion. C. $10 billion x $40 billion = $400 billion. D. $10 billion ÷ $40 billion = 0.25. E. $40 billion ÷ $10 billion = 4Find out more on expenditure multiplier at https://brainly.com/question/14486062
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critter sitters paid $100 for the monthly cell phone bill. which two accounts are impacted by this transaction? cash and owner's capital cash and communications expense owner's capital and communications expense cash and accounts payable
The two accounts affected by the cash sales transaction in Critter Sitters Animal Care's books are B. Cash and Sales, and C.
What effects do cash sales transactions have on accounting?
The selling company will debit its cash account and credit its service revenue or sales revenue account when a consumer pays for goods or services.
The accounting consequence for the paying client is a credit to the cash account and a negative to purchases, costs, or inventory.
Given each company transaction, these debit and credit entries are consistent with the double-entry accounting method and the accounting equation, which stipulates that assets are equal to liabilities and equity.
Critters Transaction Analysis: Cash $ Sales $
The cash account of Critters Sitters Animal Care should be debited, and the sales income account should be credited.
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the formal system of task and reporting relationships that coordinates and motivates an organization's members to achieve the company's goals is called the organizational . multiple choice question.
Based on organizational policy, this formal system that helps the organization to achieve the company's goal is called Organizational Structure.
What is Organizational Structure?Organizational Structure is a term that is used and applied by various firms to create, maintain, and achieve the organization's goal.
There are various types of Organizational Structures which include the following:
Hierarchical organizational structure.Functional organizational structure.Horizontal or flat organizational structure.Divisional organizational structures (market-based, product-based, geographic)Matrix organizational structure.Team-based organizational structure.Network organizational structure.Also, there are various elements of Organizational structure, which include the following:
Work specialization.Departmentalization and compartments. Formalization of elements. Centralization and decentralization. Span of control.Chain of command.Benefits of Organizational Structure include the following:Centralize the company's marketing message;Facilitate higher and increasing mobility for the company's progress;Create and promote strategic planning;Enhance worker's training and working conditionsImprove the decision-making processHence, in this case, it is concluded that the correct answer is Organizational Structure.
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hp, inc., sells surplus, refurbished, or closeout computer merchandise at its hpauction website to many buyers who bid competitively against one another. this is an example of a(n)
The statement above is an example of a traditional auction. It is because they sell it by bidding to many buyers.
Auction is the process of buying and selling goods or services which are then sold to the bidder at the highest price. There are several types of auction variations, depending on the minimum bidding limit, the duration of the auction, and how the winner of this auction is determined. Usually the auction is carried out by coming to the auction place, carrying out administrative processes, and participating in the auction at the location by raising a hand or showing the number of the auction participant. Along with the development of technology, now auctions can also be done digitally.
The auction has 2 functions, namely
Private Functions. The private function is formed because the auction brings together buyers and sellers. The relationship between buyers and sellers is only related in this economic activity.Public Function. This public function is formed when the auction becomes an instrument in the general task of government by the state apparatus.Learn more about Auction here brainly.com/question/17288557
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suppose the bank of tazi loaned the banks of tazi $10 million. suppose also that both the reserve requirement and the percentage of deposits held as excess reserves stay the same. by how much would the money supply change?
Money supply is changed by 250 million tazi. The total amount of money cash, coins, and balances in bank accounts in circulation is known as the money supply.
The money supply is typically understood as a collection of secure assets that individuals, businesses, and governments can use to make payments or hold as short-term investments.
We first determine the credit multiplier before computing the change in the money supply.
Credit multiplier is determined as follows:
Reserve ratio multiplied by one
This additional 10 million will be lent out and the overall change in the money supply will be when the Bank of Tazi lends 10 million to a bank but their reserve requirements remain the same.
10,000,000 Multiplier
As an illustration, if the reserve ratio was 4%, 1/0.04 multiplied by 25
The overall change in the money supply follows
would be 250,000,000 x 10*25.
= 250 million
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The multiplier is 5 and, as a result of a change in expenditure, equilibrium expenditure and real gdp change by $200 billion. What was the initial change in autonomous expenditure?.
Autonomous expenditures are those portions of an economy's total spending that are unaffected by that economy's actual level of revenue. This type of expense is seen as automatic and required both at the public and private levels.
Explain about the autonomous expenditure?
Simply put, autonomous expenditures are those that must be made regardless of income. When income is at zero, it is the amount that a person or the government must spend in order to survive.
Autonomous expenditures are those that are unaffected by the real level of revenue in the economy. The majority of external factors that affect autonomous spending include trade policy, political unpredictability, interest rates, etc.
Because of the multiplier effect, a change in autonomous expenditure will result in a considerably bigger overall change in real GDP. That expenditure's final effect on real GDP will be far more significant.
Hence the initial change in autonomous expenditure is $40
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scent systems, inc is start-up company developing a system to deliver fragrances to buildings. the technology will allow for delivery of customized fragrances directly through a building's hvac systems. occupants of a room can customize and manage the scent of their room via their smartphone.the technology will be available soon and the company expects the first annual cash flow of $4500 to begin 5 years from today. cash flows are expected to increase at a rate of 3.00% annually forever. using a discount rate of 9.00%, what is the present value of the technology?
The main objectives of technology, which includes tools to promote growth, use, and information exchange, are to make labor easier and address many of humanity's problems. As technology advances and keeps making our lives easier, we must accentuate its benefits.
Explain about the value of technology?Technology offers students quick access to knowledge, rapid learning, and enjoyable opportunities to put what they have learned into practice. Particularly in STEM, it allows students to go deeper into challenging ideas and explore new disciplines.
The area of knowledge known as technology deals with the development of technical tools and how they interact with the environment. The improvements that technology has made to our lives include time savings, instant connection and interaction, a higher standard of living, simple information access, and safety.
These values may include freedom, justice, enlightenment, privacy, security, companionship, comfort, trust, autonomy, and nourishment in technologically advanced, liberal democracies.
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which of the following statements is true of organizations that practice the entitlement approach? question 32 options: employee rewards are determined only on the basis of employee performance. employee rewards vary little from person to person and have little to do with differences in individual performance. employee rewards are determined on the basis of results and contributions made by employees. employee rewards vary significantly from person to person because of managers' biases.
Employee rewards are determined only on the basis of employee performance.
Employment is a courting between events regulating the availability of paid labor services. Normally primarily based on a contract, one party, the corporation, which might be an agency, a not-for-profit employer, a co-operative, or any other entity, pays the alternative, the worker, in return for sporting out assigned work. Employees paint in return for wages, which may be paid on the premise of an hourly price, via piecework or an annual income, relying on the form of paintings an employee does, the triumphing situations of the sector, and the bargaining power between the parties. Employees in some sectors may additionally obtain gratuities, bonus payments, or stock alternatives. In some sorts of employment, personnel may get hold of blessings further to price.
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xyz company goes public at a public offering price of $31. several days later, the stock has increased to $43. if the underwriters decides to exercise the greenshoe clause, what price will investors pay for those shares?
The amount investors will pay is $31.
What is Greenshoe clause ?An initial public offering (IPO) greenshoe option permits the consortium of investment banks to purchase and offer for sale 15% more shares at the same offering price than the issuing firm initially intended to sell. If there is greater than expected demand for shares and the stock is trading above the offering price on the secondary market, the clause comes into play. The syndicate does not exercise its option for additional shares if there is insufficient demand and the stock price drops below the offering price.
The Green Shoe Company, which was the first to agree to sell more shares when it went public in, gave its name to this contract clause, which may be used for up to 30 days following the IPO.
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Question 5 of 10
The initial amount you borrow in a loan is called the ____
A. collateral
B. simple interest
C. loan term
D. principal
The initial amount you borrow in a loan is called the principal.
What is a loan?A loan is described as money that is borrowed from another person or any financial institution. It is important to mention that the loan can also be in the form of material goods, or any property. However, the repayment of a loan includes payment along with interest.
The amount borrowed in a loan is the original sum of money, and that money is called the principal. This is the amount along with the added interest that a borrower has to repay.
It can be concluded that the initial amount you borrow in a loan is called the principal.
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Answer:
D. principal
Explanation:
interviews are inevitable during the job search process and we learn from our experiences. describe an instance when a job interview went well and explain where you feel you sold the employer to hire you. on another note there are instances where interviews did not go as planned and it actually became an uncomfortable situation. explain how would you change the interview if you had a second chance?
I would change the interview by Examination of earlier interview questions, Working on personality, listening quality, communication skills, dressing sense for interview.
Examination of earlier interview questionsIf I have a second shot at an interview, I attempt to evaluate the
varied questions from the prior interviews, and we prepare several
responses for each unique topic in the interview. In order to best
prepare ourselves, we discuss the answers to these questions with
professionals in the area.
Working on personality: By focusing on our personalities inside theorganization, we may develop our interviewing abilities. The sum of
a person's different traits—which we are unable to fully understand
on our own—makes up their personality. In order to better
understand our personalities at work, we seek the assistance of
professionals.
Improving the audio qualitySometimes our poor listening skills prevent us from passing the
interview, thus in this effort we must improve this trait if we want to
succeed.
Practicing communication skillsMaking preparations for interview attireCreate a list of interview-related questions that may be asked.Learn more about Communication skills, here
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after setting a five-year goal for their company, a group of managers look at where the company is today and the steps needed to achieve the final goal. they are using a technique called . question 22 options: overregularization means-end analysis analogies systematic random search
After setting a five-year goal for their company, a group of managers looks at where the company is today and the steps needed to achieve the final goal. they are using a technique called means-end analysis.
A common problem-solving method in artificial intelligence for limiting search in AI programs is means-ends analysis. Additionally, it is a creative tool that has been employed at least since the 1950s and is most usually discussed in engineering publications on design techniques.
A key idea in artificial intelligence (AI) is means-end analysis (MEA), which helps in issue-solving. By identifying the objective and creating the appropriate action plan, MEA resolves issues. In AI programs, this method is used to restrict the search.
In essence, Means-End Analysis is an early version of the Gap Analysis that we use frequently today. In their 1972 book, "Human Problem Solving," Allen Newell and Herbert Simon presented their creation from the late 1950s.
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which term describes currency derivatives to reduce potential transaction, translation and economic risks of currency movement that could lead to loses for a firm or investment? a. an exchange position b. hedging c. speculating d. a shot position g
The correct option is b. Hedging means that currency derivatives to reduce potential transaction.
In the world of finance, to hedging is to take an opposite position in a security or investment to balance out an existing holding's price risk. Therefore, a trade undertaken with the intention of lowering the risk of unfavourable price changes in another asset is called a hedge. A hedge often entails taking the opposite viewpoint in a security that is related to or based on the asset being hedged. Because of how more or less precisely defined the connection between the two is, derivatives can be useful hedging tools against their underlying assets. Securities known as derivatives fluctuate in accordance with one or more underlying value. Options, transactions, futures, and forward agreements are some examples.
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if marriott used a single corporate hurdle rate for evaluating investment opportunities in each of its lines of business, what would happen to the company over time?
The company would begin to commence more risky opportunities over time.
This is due to the possibility that a single corporate hurdle rate used to assess investment opportunities may not be reliable. Choosing an incorrect risk premium might be a concern in the hurdle rate calculation.
What is risk in investment?
Any investment-related uncertainty that has the potential to have a negative influence on your financial well-being is referred to be a risk.
For instance, market conditions could influence the value of your investment to increase or decrease (market risk).
What are the types of investment risk?
Common types of investment risk are:
Business risk. Default risk. Inflation risk. Liquidity risk. Opportunity risk. Unsystematic risk.To learn more about Risk from the given link
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multiple choice question which statement in true about business relationships in supply chains? multiple choice question. they are always close working partnerships. they must be between divisions of the same firm. they are based on meeting each other's needs. they must be between independent entities.
relationships in supply chains are based on meeting each other's needs.
A supply chain is a network made up of all the individuals, organizations, enterprises, assets, tasks, and technical developments involved in the manufacture and distribution of an item. A complete supply chain is included, from the transfer of raw materials from the supplier to the production to the last delivery to the customer. Supply chain activities include, among others, designing, farming, manufacturing, packaging, and transportation.
Anything can travel without incident thanks to supply chain management, even goods, and any unanticipated natural disaster. Global logistics management is the responsibility of supply chain managers. With skilled supply chain management, managers can promptly spot problems or interruptions in the smooth transportation of goods.
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a detailed plan used by a merchandising company that shows the amount of goods that must be purchased from suppliers during the period is called a(n) budget
Merchandise Purchases Budget is a detailed plan used by a merchandising company. The budgeted sales and the intended ending inventory may be added together, and the initial inventory can be subtracted to get this answer.
What is Merchandise Purchases Budget ?The process of creating a budget for a service or merchandising company is comparable to that used by manufacturers. A service or retail business won't have a budget for manufacturing or direct materials, and it's possible that it won't have one for direct labour or overhead.
The main distinction is that even when we don't have a budget for production or material purchases, we still need to know how much inventory we should acquire for a merchandiser.
The quantity of goods that a business must acquire during each budgetary period is specified in a procurement budget. The amount specified in the budget is the amount required to guarantee that there is enough inventory on hand to fulfil product requests from customers.
The budget for purchasing might be as straightforward as just matching the precise number of units anticipated to be sold within the budget period. However, there are a few extra factors to take into account that could make the budget for purchases much more difficult.
Purchasing merchandise from producers to sell on their behalf is a crucial aspect of retail management that entails retailers finding the products they need.
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a company purchases a truck and records the cost in an asset account. that cost is gradually moved into an expense account as the truck benefits the company over several accounting periods. this process is referred to as
When a business buys a truck, the cost is added to the asset account. As the truck brings value to the business over numerous accounting periods, that cost is gradually transferred into an expenditure account. Depreciation is the name given to this process.
An asset loses value over time as a result of use, damage from use, or obsolescence. Depreciation is the measurement for this decline. Depreciation, or the decline in value of an asset, can also result from other factors, such as unfavorable market conditions, etc.
An example of depreciation: If a firm buys a delivery truck for Rs. 100,000 and expects to use it for 5 years, the company may depreciate the asset as a depreciation charge of next five years, pay Rs. 20,000 annually.
The income statement for practically every business includes depreciation. Since it is recorded as an expense, it should be taken into consideration anytime an item is calculated for year-end tax purposes or to assess whether it is still viable for liquidation.
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what groups of contacts are most valuable as advisors for student-owned startups? select all that apply. group of answer choices employers from internships faculty classmates
A productive team in the workplace is one that is focused on outcomes. Your startup needs a team of individuals that are truly unconventional thinkers. These professionals ought to be prepared to offer answers that you as an entrepreneur as a person cannot.
What position in a startup is most crucial?The visionary is a common term used to describe the chief executive officer (CEO) of a business. the pack's ringleader the person who decides. Their talent consists in having ambitious goals and having a strong sense of what the business can accomplish in the future. A productive team in the workplace is one that is focused on outcomes. Your startup needs a team of individuals that are truly unconventional thinkers. These professionals ought to be prepared to offer answers that you as an entrepreneur as a person cannot. Bad leadership, poor planning, failing to differentiate a product or service from those already on the market, disregarding client demands, and failing to learn from mistakes are all common issues with startups.
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if the exchange rate between the u.s. dollar and the japanese yen were such that one u.s. dollar equals 100 yen, what would be the price in dollars of
1 yen is roughly equivalent to 1 cent; 5 yen is approximately 5 cents; 10 yen is approximately 10 cents; 50 yen is approximately 50 cents; $1.00 is equivalent to 100 yen; and $5.00 is equivalent to 500 yen.
How do you convert yen to USD?
The currency exchange rate for the Japanese yen and the United States dollar is known as USD/JPY.The currency pair depicts the quantity of Japanese yen (the quote currency) required to acquire one US dollar (the base currency).
How do I manually exchange yen for dollars?
Divide 500 by if you have 500 yen.01271.In this instance, 500 yen equals $6.35.Most cash trade locales have money trade mini-computers to figure it out for you.
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as noted in your text, one of the biggest problems facing companies today is the aging workforce. more and more people are nearing or at retirement age, and companies are struggling to find workers who can take their places. what are some of the tactics companies might use to handle this problem? check all that apply. redesign jobs so they are more easily done by older employees. pay older employees more so they will continue to keep working. work to hire immigrants, who are typically younger than current residents of a country. use robots in place of human workers.
Sometimes recruiters and recruiting managers mistakenly feel that older workers are less progressive, less able to master new skills, or have unrealistic compensation expectations. However, age disparity is a notable problem that prevents some workers from comprehending their goal or forces them out completely.
Explain about the aging workforce affect the business?A more senior workforce increases the chance that companies will lose important personnel to illness or death, which might have an impact on customer retention, vendor relationships, operational efficiency, and even company secrets or financial data.
To aid employees in striking a better balance between their obligations at work and at home, employers should provide flexible work arrangements like job sharing, flexible scheduling, part-time employment, the opportunity to work from home, and other types of reduced work hours.
Physical and mental decline with age: As employees get older, they're more prone to experience health problems. Conflict between older and younger employees. Performance problems associated with novel methods of operation and a resistance to change on the part of senior employees
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discuss the major barriers to entry inro an industry. explain how each barrier can foster either monoploy or oligopoly. which barriers, if any, do you feel give rise to monopoly that is socially justifiable
The major barriers to enter into industry are explained below descriptively
1) Economies of scale – Due to cost advantages brought on by economies of scale, the market may not always permit the operation of more than one enterprise. This can result in monopoly.
2) High fixed costs – Since the majority of manufacturing requires certain fixed costs, a new company may not have them.
3) Patents: When a company has patent rights for a certain sort of goods, monopoly is unavoidably the result.
4) Ownership of specific inputs is necessary since output requires input. However, occasionally, a single company is the exclusive owner of the input needed to make the output. Additionally, a market monopoly may result from this.
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wonder company manufactures one product that sells for $90 per unit and has a contribution margin ratio of 35%. the company's fixed expenses are $46,800. if wonder desires a monthly target net operating income equal to 15% of sales, the amount of sales in units will have to be (rounded):
wonder company manufactures one product that sells for $90 per unit and has a contribution margin ratio of 35%.
The steps are listed below.
Providing the following details:
Sales= $640,000 ($40)
Total variable costs = 448,000 (28)
Margin of contribution = 192,000 ($12).
Fixed costs = (145,200)
$46.800 in net operating income
1) Use the following calculations to get the break-even point in units and dollars:
Break-even point in units = contribution margin per unit minus fixed costs
Break-even point equals 145,200 units (40-28)
Break-even point equals 12,100 units in units.
Fix expenses divided by contribution margin ratio is the break-even point in dollars.
Break-even point (12/40) = 145,200 dollars
The break-even mark is equal to $484,000.
2) The break-even point is the quantity of units that must be sold to generate a zero net profit. Since fixed costs cannot be changed, the contribution margin must match them.
Margin of contribution = 145,200
3) Gain = $75,600
Break-even point in units = contribution margin per / (fixed expenses + targeted profit)unit
Break-even point is 220,800/12 in units.
Break-even point equals 18,400 units in units.
Sales= 18,400*40= 736,000
Total variable expenses are 18,400*28. (515,200)
Margin of contribution = 220,800
145,200 in fixed costs
75,600 is the net profit
4) The safety margin
Risk of error = (current sales level - break-even point)
Margin of safety is equal to 640,000 - 484,000, or $156,000.
Break-even point divided by current sales level is the margin of safety ratio manufacture.
Ratio of the safety margin = 156,000 to 640,000
0.244 times the margin of safety equals 24.4%.
5) Ratio of contribution margin: 12/40 = 0.3
Net growth equals 96,000*0.3, or $28,800.
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3. productivity, dependability, and responsibility are examples of skills that managers look for when determining who to promote within a company. evaluate these three skills and another one or two that you come up with and explain how each skill could be helpful for an employee looking to get a promotion.
Decent cultural fit One of the most difficult aspects of the job search process is finding a company with a wonderful culture and team members that make you feel at home. A creative environment,a concentration on career advancement,an established organizational structure that is evident, Employer investment.
How should a competent manager look?In addition to leading teams and fostering their growth, excellent managers are also able to fully control their company's operations and performance. These are the individuals that consistently adapt to novel circumstances, inspire others to realize their greatest potential, and produce their best work.Good managers are independent and don't need much guidance. They must take responsibility for their own errors. Effective managers model constructive accountability in their behavior and leadership. This is crucial because managers must teach employees how to take accountability upon themselves.Decent cultural fit One of the most difficult aspects of the job search process is finding a company with a wonderful culture and team members that make you feel at home. A creative environment,a concentration on career advancement,an established organizational structure that is evident, Employer investment.To learn more about Good managers refer to:
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