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2 years ago

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Denver Systems has total assets of $1,000,000; common equity of $400,000; a gross profit of $800,000; total operating expenses o

f $620,000; interest expense of $20,000; income taxes of $74,000; and preferred dividends of $30,000. What is Denver Systems' return on equity

1 answer:

krok68 [10]2 years ago

4 0

Answer:

See

Explanation:

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In the long run a company that produces and sells laundry detergent incurs total costs of $2,500 when output is 1,250 units and

Schach [20]

Answer:

The correct answer is a) economies of scale

Explanation:

Economies of scale are when a company increases the production or associate with other company, to obtain a better price to reduce the cost of production. This happens because costs are spread over a larger number of goods.

Example:

Company A, require apples to produce his final product. And the provider has a price for each apple, however, if you buy more than 100, he gives you a discount of 5%. Company A can´t afraid this, because it just needs 50 apples per production.

The solution for the company is trying to expand the market, become efficient, to duplicate his production and obtain the discount. Or associate with Company B that needs 50 apples too, to obtain the discount and reduce his cost. (1 big purchase is better than 2 small purchases)

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2 years ago

One of the most challenging tasks for any firm, including In Fine Fettle, is determining how much to spend on promotion. Four ba

Montano1993 [528]

Answer:

A) the affordable method,

In Fine Fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses.

B) the percentage-of-sales method,

In Fine Fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000.

C) the competitive-parity method,

In Fine Fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. Therefore, the promotional budget is set at $200,000.

D) the objective-and-task method.

In Fine Fettle's management reviews its revenues and expenses and allocates promotional spending based on what management believes it has to spend

Explanation:

A) is deciding the promotion expense considering how much can afford based on the expenses budget

B) determninate the promotion based on a percentage of expected sales

C) the company will look at their competitors promotion expense and try to keep up with that level to avoid being left behind

D) management will determinate on a monthly/ weekly basis where and how much to promote

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2 years ago

The ACC Tutoring Service provides tutoring to accounting students. The volume of tutoring is low at the beginning of the semeste

mrs_skeptik [129]

Answer:

Estimated fixed cost is $17,500.

Explanation:

Applying the high-low method, first, we calculated the variable cost per unit of the firm: ( 125,000 - 55,000) / (4,300 - 1,500) = $25 per tutoring hour.

We have : Total cost of a firm = Variable cost per tutoring hour x tutoring hour delivered + fixed cost.

put the number in the formula, using the high point ( using low point will also result in the same result of fixed cost), we have:

125,000 = 25 x 4,300 + fixed cost <=> Fixed cost = 125,000 - 25 x 4,300 = $17,500.

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2 years ago

How should a coach create team commitment to her vision for the team?

STALIN [3.7K]

e. a and c?

A coach should create team commitment to her vision for the team by communicating the vision and motivate the team to support it and by state goals clearly and only once, and then show that she means business. What a coach should not do is <span>relying on her raw intelligence rather than seek information from other sources and use coercion, because this two do not work.</span>

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2 years ago

It is a gaap standard that ___ copy(ies) of a check be attached to all documents for filing.

11111nata11111 [884]

<span>GAAP stands for generally accepted accounting principles, it is the accounting standard which is adopted by the U.S. Securities and Exchange Commission, it is also known as US GAAP.</span>

A GAAP standard is that one copy of a check be attached to all documents for filing. GAAP provides the guidelines for financial accounting.

<span> </span>

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2 years ago

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