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2 years ago

14

You recently increased your spending on marketing by 10%. You now spend $5,500 per month. Revenue increased by $1000 per month a

nd your gross margin percentage is 70%. All other expenses stayed constant. Did the increase pay off?

1 answer:

spayn [35]2 years ago

8 0

The correct answer is yes the money increase because it’s just right

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Means of production include:

Serjik [45]

Answer:

A

Explanation:

the answer should be A because land labor and technology kinship and the rest are in a group together

4 0

3 years ago

Following are financial data from year-end financial statements of Portland Company for 2017, 2016 and 2015.

denpristay [2]

Answer:

Answers are calculated below

Explanation:

Financial ratios can be calculated according to their formulas. Both formulas and calculation are as follows

CURRENT RATIO

Current ratio = Current assets/current liabilities

Current ratio (2016) = $360,000/$250,000

Current ratio (2016) = 1.44

Current ratio (2017) = $450,000 / $300,000

Current ratio (2017) = 1.50

ACID RATIO

Acid ratio = (Current asset - inventory)/current liabilities

Acid ratio (2016) = (360,000 - 165,000)/250,000

Acid ratio (2016) = 0.78

Acid ratio (2017) = (450,000-225,000)/300,000

Acid ratio (2017) = 225,000/300,000

Acid ratio (2017) = 0.75

INVENTORY TURNOVER RATIO

Inventory turnover ratio = cost of good Sold / Average inventory

Inventory turnover ratio (2016) = 864,000/(360,000 ÷2)

Inventory turnover ratio (2016) = 864,000/180,000

Inventory turnover ratio (2016) = 4.80

Inventory turnover ratio (2017) = 1,023,750 / ( 390,000 ÷ 2)

Inventory turnover ratio (2017) = 1,023,750 / 195,000

Inventory turnover ratio (2017) = 5.25

DAYS SALE IN RECEIVABLE

Days sale in receivable = 365/Average receivable turnover ratio

Days sale in receivable (2016) = 365/ 12.67(w1)

Days sale in receivable (2016) = 28.81 days

Days sale in receivable (2017) =365/11.7(w1)

Days sale in receivable (2017) = 31.20 days

Working 1

Account receivable turnover ratio = Sales/ Average receivable

Account receivable turnover ratio (2016) = 1,752,000/138,288(w2)

Account receivable turnover ratio = 12.67 times

Account receivable turnover ratio (2017) = 1,642,500/140,351(w2)

Account receivable turnover ratio (2017) = 11.7 times

Working 2

Average receivable = (Opening + Closing) /2

Average receivable (2016) = (132,000 + 144,576) /2

Average receivable (2016) = 138,288

Average receivable (2017) = (144,576 +136,125 ) /2

Average receivable (2017) = 140,351

7 0

3 years ago

Indicate which type of unemployment the following describe.

Mandarinka [93]

Answer:

a. Structural unemployment

b. Seasonal unemployment

c. Cyclical unemployment

d. Seasonal unemployment

Explanation:

The unemployment George is involved in is structural because the perceived value and skills George possess is no more needed in the steel industry where he works and at Chicago land area where he moved to since there are now newer skills that could make work more efficient within the steel firms.

Leo in his case is battling with a seasonal unemployment as there are industries that operates in certain season(Time) of the year and not others. in January, when the winter is intense, construction work might not be feasible due to the high rate of snow fall in the period.

Kim suffered from a cyclical unemployment because there is a need to prioritize some things above the other due to the recession in the country. people will focus more on how to solve their immediate problem such as putting food on the table and clothe as well as housing, The need for the purchase of computers will drastically drop at this point in time.

Lastly, Becky, a recent graduate from college is also suffering from a seasonal unemployment because of the time she graduated from college.

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3 years ago

What is GDP? What is the current GDP of the United States? What is the current GDP of China? When do you think China will surpas

elena55 [62]

Answer:

1. The GDP is the total of all value added created in an economy. The value added means the value of goods and services that have been produced minus the value of the goods and services needed to produce them, the so called intermediate consumption.

2. 20.94 trillion USD (2020)

3. 14.72 trillion USD (2020)

6 0

2 years ago

____ is a policy where manufacturers are responsible for the entire life cycle of their products and packaging, including recycl

horsena [70]

Extended producer responsibility or EPR is a policy where manufacturers are responsible for the entire life cycle of their products and packaging, including recycling. It is used to help promote the integration of all the environmental costs certain goods throughout its life cycle in the market.

4 0

3 years ago