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Sphinxa [80]
2 years ago
9

During March, Adams Company had sales of $5,000,000, variable expenses of $3,000,000, and fixed expenses of $1,500,000. Assume t

hat cost behavior and unit selling price remain unchanged during April. In order for the company to realize net operating income of $300,000 for April, sales would have to be: Ans: a. $3,750,000. b. $4,050,000. c. $4,500,000. d. $4,800,000.
Business
1 answer:
ad-work [718]2 years ago
4 0

Answer:

Option (c) is correct.

Explanation:

Variable cost as a percent of sales:  

= (Variable expenses ÷ Sales) × 100

= ($3,000,000 ÷ $5,000,000) × 100  

= 60%

If Sales = X

then Variable cost is 0.6X (i.e. 60% of Sales)

Sales - Variable cost - fixed expenses = net operating income

X - 0.6X - 1,500,000 = 300,000

0.4X = 300000 + 1500000 = 1800000

X = 1800000 ÷ 0.4

  = 4,500,000

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Assume you are the COO of Barcelona Restaurants and you are in a heated disagreement with one of your restaurant managers over h
AlexFokin [52]

Answer:

The correct answer is letter "C": Accommodating.

Explanation:

By accommodating managers have to adjust their plans according to current situations happening at the workplace. Problematic situations must be solved quickly but they can also represent a chance to spot weaknesses of the organization that should be reviewed. If a method of working shall be modified or if there is a need to use the company's resources to make adjustments on the issue, top managers have the power to do so.

Thus, <em>accommodating will be useful for the COO of Barcelona Restaurants to join his method of working with one of the manager's style.</em>

7 0
2 years ago
​Moe's Pizza Shop sells a large pizza for​ $12.00. Unit variable expenses total​ $8.00. The breakeven sales in units is​ 7,000 a
spayn [35]

Answer:

$12,000

Explanation:

Margin of safety = Current sales level - Break even point

=(8,000 ×12) - (7,000 × 12)

= 96,000 - 84,000

= $12,000

7 0
2 years ago
You are considering the following two mutually exclusive projects that will not be repeated. The required rate of return is 11.2
postnew [5]

Answer:

a. project A; because its NPV is about $335 more than the NPV of project B.

Explanation:

As in the question it is mentioned that the required rate of return for project A and project B is 11.25% and 10.75% respectively.

Here we have to determined the net present value for both projects having different required rate of return

So based on the net present value the first option is correct as the project A is more than the project B

Therefore the first option should be accepted

5 0
2 years ago
Nori is writing an essay to analyze an advertisement for a piece of athletic equipment. What elements should he include in order
makvit [3.9K]

Answer:

B. The advertising techniques used to persuade the viewer

C. Information about competing products and advertisers

D. What tools the advertiser uses to sell the product the purpose of the advertiser’s message

Explanation:

The essay Nori is writing to analyze advertisement for athletic equipment will be more effective if he includes, the three things above.

The advertising techniques used to persuade the viewer :

It's essential to note the advertising techniques that was used to first grab the viewer's attention in the first place, then sell the idea of the product and persuade the viewer to purchase the product. This piece of information is useful to show the success or failure of different advert techniques.

Information about competing products and advertisers:

Including this information is important because one can view the product and advert technique of competitors and make judgements on how they can improve their product in relation to their competitors and how effective the competitor's advert is when compared to yours.

What tools the advertiser uses to sell the product the purpose of the advertiser’s message:

It is necessary to include this point in the essay because it can be analyzed and if its successful, can be further applied or modified if its considered a failure.

Most companies and businesses rely heavily on advertising to increase customer base and sales so if a successful method is found, then it can repeated or modified.

8 0
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Jessica completed a four-year degree program in Finance and Accounting. She hasn’t yet gained any work experience in this field.
siniylev [52]
5.she can now work as a trainee with an expert
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