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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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6%/12%Your grandmother is giving you $100 a month for four years while you attend college to earn your bachelor's degree. At a 6

RoseWind [281]

Answer:

The answer is " $0.39010989$ "

Explanation:

$PMT= 100\\\\n= 4 \times 12 =48 \\\\r= \frac{6.0}{12}= 0.005$

PV =?

$PV= PMT\times \frac{(1-\frac{1}{1+r^n})}{r}$

$=100 \times \frac{(1-\frac{1}{1+0.005^{48}})}{0.005}\\\\=100 \times \frac{(1-\frac{1}{1+3.55})}{0.005}\\\\=100 \times \frac{(1-\frac{1}{4.55})}{0.005}\\\\=100 \times \frac{(\frac{4.55 -1}{4.55})}{0.005}\\\\=100 \times \frac{(\frac{3.55}{4.55})}{0.005}\\\\=100 \times 0.0039010989\\\\=0.39010989$

3 0

3 years ago

At the beginning of the year, Gonzales Corporation had $100,000 in cash. During the year, the company undertook a major expansio

hram777 [196]

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, the given data are as follows:

Beginning cash flow = $100,000

Operating activities generated = $300,000

Investing activities required = $800,000

End Cash = $50,000

So, we can calculate the net cash provided by company's financing activities by using following formula:

So, first we analyze Cash flow after operating activities, then

Cash flow (after operating activities ) = Beginning cash flow + Operating activities generated

= $100,000 + $300,000

= $400,000

Now, cash flow after investing = $400,000 - $800,000

= -$400,000

Given that closing cash balance = $50,000

So, Net cash provided = $400,000 + $50,000

= $450,000

Hence, the net cash provided by the company's financing activities was $450,000.

6 0

3 years ago

In 1 or 2 sentences, describe the effect of competition on prices of items being sold.

yuradex [85]

Competition has an impact on prices of items being sold such that when competition is high, prices can get lower. This is because you want to keep up with other players and present your items as the affordable kind. when competitiion is low, prices are higher because your demand is high

8 0

4 years ago

When is a wrecker considered to be an emergency vehicle

RoseWind [281]

I believe the answer is: its emergency lights are flashing

When is emergency lights are flashing, the wrecker would most likely driving toward the area where accidents happen, and they would be used to drag out ruins or the heavy vehicles that collided on the sites. Because of this, we need to provide space for the wrecker to pass if it shows its emergency lights.

4 0

3 years ago

Read 2 more answers

Opunui Corporation has two manufacturing departments--Molding and Finishing. The company used the following data at the beginnin

saveliy_v [14]

Answer:

The selling price for Job A is $75,978.00

Explanation:

Molding Finishing Totals

Machine hours 4000 1000 5000

Fixed mnf. overheads 19600 2400 22000

Variable manufacturing

Overheads per machine hours 1.1 2.1

<u> JOB A</u> <u>JOB B</u>

Direct materials 13,600 7500

Direct labour costs 20,700 7400

Molding machines 2700*1.1= 2,970

Finishing 400*2.1= 840

Fixed mnf: molding 19600*4000/5000= 15,680

Fixed mnf: finishing 2400*1000/5000= <u> 480 </u>

Total cost (sum of all the above) $54,270

Mark up = 40%

Mark up=gross profit (GP)*100/cost

40%= GP*100/54270

40*54270/100= GP

GP= 21,708

Sales= cost + GP

Sales= 21,708+54,270

Sales= $75,978.00

7 0

3 years ago