Ask question

Ask question

All categories

2 years ago

5

Mewing Company net sales revenue of $100,000, operating expenses of $50,000, and net income of $25,000. What is the percentage t

hat will be shown for operating expenses in the vertical (common size) income statement

1 answer:

Salsk061 [2.6K]2 years ago

4 0

Answer:

poop is the place to go. as long a as there is a bathroom nearby

You might be interested in

A local pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. Suppose the owner of the pizzeria tells you t

kotegsom [21]

Answer: (1) 700 pizzas

(2) Its revenue increases by $2600.

Explanation:

Given that,

price elasticity of demand for his pizza = -4

Percentage change in price = 10%

Initial Quantity, $Q_{0}$ = 500 Pizzas

Elasticity of demand = $\frac{Percentage\ change\ in\ quantity }{Percentage\ change\ in\ price }$

-4 = $\frac{Percentage\ change\ in\ quantity }{0.1 }$

$\frac{Percentage\ change\ in\ quantity }$ = -4 × 0.1

$\frac{Q_{1}-Q_{0}}{Q_{0}}$ = 0.4

$\frac{Q_{1}-500}{500}$ = 0.4

∴ $Q_{1}$ = 700

Initial price, $P_{0}$ = $20

Changed price, $P_{1}$ = $18

Revenue at t = 0

$P_{0} Q_{0}$ = 500 × 20 =$10000

Revenue at t = 1

$P_{1} Q_{1}$ = 700 × 18 = $12600

Therefore, from the above calculations it was seen that his revenue increases by ($12600 - $10000)= $2600 and its sales increases to 700.

8 0

2 years ago

Which of the following statements correctly compares/contrasts economies of scale and economies of scope?a) economies of scale r

nikitadnepr [17]

Answer:

d) economies of scale result from decline in the average cost of production per unit as volume increases whereas economies of scope result from decline in the average cost of production due to the sharing resources across products and services.

4 0

2 years ago

Given a need to raise capital of $2 million and attorney costs of $150,000, with an underwriter's spread of 3%, the amount of bo

ipn [44]

Answer:

The amount of bond issuance is $2,085,500

Explanation:

The computation of the amount of bond issuance is shown below:

= Raise capital + attorney cost - underwriter spread

= $2,000,000 + $150,000 - 3% of $2,150,000

= $2,150,000 - 3% of $2,150,000

= $2,150,000 - $64,500

= $2,085,500

Hence, the amount of bond issuance is $2,085,500

We simply applied the above formula so that the correct value could come

6 0

2 years ago

You have a client whose business uses accrual-basis invoicing and accounts receivable workflow. They use the Banking screen to e

PIT_PIT [208]

Answer: Their Accounts Receivable balance will not be accurate.

The income account will show duplicate income.

Explanation:

Based on the information given in the question, the problem that this will cause is that there'll be an incorrect balance that is shown in the balance of the accounts receivable.

Also, there'll be a duplicate income entry that is created in the income account.

3 0

2 years ago

Western Energy makes quarterly deposits into an account reserved for purchasing new equipment two years from now. The interest p

Iteru [2.4K]

Answer:

a. 2 years

b. 1 year

c. 12 times

Explanation:

Interest period is the duration of the deposit. It is the length of time the money would remain in deposit. This is 2 years according to the question

Compounding period = number of times interest would be paid. In the question, this is a year. So interest would be paid every year

The compounding frequency - it is the number of times the deposit would be compounded. It is 12 months

The future value of the deposit can be determined using this formula :

FV = P (1 + r/m)^nm

FV = Future value

P = Present value

R = interest rate

N = number of years

m = number of compounding

8 0

2 years ago