Answer:
Increase in operating income by $12,000
Explanation:
The above is an incomplete question because the value for 'space normally used to produce the rented line' is missing. However, I assumed the value is $26,000 per year as gotten from the internet -Chegg.
Given the above information, the operating income can be affected as calculated below;
Sales revenue $85,000
Add additional revenue $26,000
Total revenue $11,1000
Less: variable expenses ($40,000)
Contribution margin $71,000
Less: fixed expense ($52,000)
New net operating income
$19,000
Less: Original operating income
($7,000)
Increase in operating income
$12,000
Answer:
Product market expansion grid
Explanation:
Product market expansion grid -
It is used to plan for the company , when the company is indeed of expanding , is referred to as Product market expansion grid .
The strategy or information required for the company to increase sale of the goods and services or introducing a new product in the upcoming market , uses this plan.
Hence , from the given information of the question,
The correct term is Product market expansion grid .
Answer:
W.S. Badger became a certified benefit corporation. This is a rigorous test for companies to meet standards of transparency, accountability, and social and environmental performance. The highest-paid employee is capped five times that of the lowest paid. Company profits flow to employees via profit sharing. All employees participate in a bonus plan. Also, new parents can bring their babies to work. Finally, Badger donates pre-tax profits to non-profit organizations.
Explanation:
This company is a model of how businesses should look out for their employees that are the backbone.
