Answer:
21.9%
Explanation:
Given that
Operating leverage = 7.3
Increase in sales = 3%
According to the given situation, the computation of net operating income is shown below:-
Increase in operating income = Operating leverage × Increase in sales
= 7.3 × 3
%
= 21.9%
Therefore for computing the increase in operating income we simply applied the above formula.
Answer: 1. Persuasive Power
2. Information Power
3. Expert Power.
Explanation:
For the first Scenario where the subordinate works better when they are agreeing with your ideas, the type of power to use is PERSUASIVE Power. Persuasive power is the ability to be able to convince people to do things that can either be good or bad by making them see the logic in your decisions. You can use it here to motivate this employee as he is already used to being persuaded by you and is at his best when that happens.
The second scenario speaks of a power that stems from having a consistent track record that people trust. This is called the EXPERT power. The expert power means that you are very knowledgeable and skilled in your area of expertise which has the effect of people coming to you for guidance which is what is happening in this scenario.
The third scenario speaks to INFORMATION Power which refers to the ability to have and use multiple contacts as well as other information sources to constantly be knowledgeable in a field. People will seek you out for this and that is what they are doing here.
Answer:
FALSE
Explanation:
The revenue recognition principle state the firm will only reocgnize a revenu once the sercvice is performed. in this case the revenu should be recognize over time after each magazine is delivered or through adjusting entries at year-end or quarter-end. Never entirely as this represent an obligation to delivwer this magazines or return the money. It isn't revenue. It is a liability which becomes revenue over time.
Answer:
a. positive, so Joan considers hamburger to be an inferior good.
Explanation:
Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P
The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.
▲ Q = (60 -50/60) = 0,16
▲ Q = (40.000 - 30.000/40.000) = 0,25
Elasticity = ▲ Q / ▲ P = 0,16/0,25 = 0,64
Therefore, the elasticity is positive.
This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.
Answer:
Appropriation available for spending = 37000
Explanation:
In the appropriations ledger, the amount available for spending at any moment is the total appropriation minus expenditures plus outstanding encumbrances.
100000 - 35000 - 28000 = 37000
