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2 years ago

Identify two components from the business environment and support them with one example of each

1 answer:

3 0

Business environment is simply the environment in which the business operates.

It includes the industry situation, the customers, the suppliers, the demand and supply of products of business, competitive position, government regulations, and everything that affects the business, directly or indirectly.

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International Imports is a merchandising Firm. Last year they reported sales of $674,500 and cost of goods sold of $404,700. The

dimaraw [331]

Answer:

The total contribution margin for the firm is: $209,095

Explanation:

The contribution margin is calculated by using following formula:

Contribution margin = Total sales – Total variable costs

In International Imports,

Total sales = $674,500

Total variable costs = cost of goods sold + total variable selling and administrative expense = $404,700 + $60,705 = $465,405

Contribution margin = $674,500 - $465,405 = $209,095

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3 years ago

Which of the following has given consumers unprecedented power to express likes and dislikes, compare prices, find the best deal

STatiana [176]

Answer:

The correct answer is letter "A": Digital technology.

Explanation:

When talking about commerce, digital technology has allowed buyers and sellers from different parts of the world find and offer goods and services without the need to physically meet. The transaction also includes all the steps and efforts necessary to deliver consumers the product at the door of their houses.

Besides, digital technology has allowed consumers to express their ideas massively based on the experience they had with the digital vendors and price so other prospective consumers have an idea of the service provided by the merchant is good or if they should look for a different seller.

8 0

3 years ago

Whispering Winds Corp. compiled the following financial information as of December 31, 2022: Service revenue $836000 Common stoc

lawyer [7]

Answer:

$580,000

Explanation:

The computation of the asset is shown below:

= Equipment + supplies + cash + account receivable

= $244,000 + $30,000 + $215,000 + $91,000

= $580,000

We simply added the four items so that the asset value could be determined

Hence, the asset is $580,000

5 0

3 years ago

Which of the following is a tertiary ratio that drives profitability?

Ilia_Sergeevich [38]

The SG&A Expense/Sales is the tertiary ratio that drives profitability.

<h3>What is SG&A Expense/Sales?</h3>

This refers to the everyday operating expenses of running a business that are not included in the production of goods or delivery of services.

As the SG&A includes rent, salaries, advertising, marketing expenses etc., it is the tertiary ratio that drives profitability.

Therefore, E is correct.

Read more about SG&A

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4 0

2 years ago

For the past year, Kayla, Inc., has sales of $46,382, interest expense of $3,854, cost of goods sold of $16,659, selling and adm

grandymaker [24]

Answer:

$15,266

Explanation:

Sales $46,382

Less: Cost of goods sold $16,659

Gross profit $29,723

Less: Selling & administrative expense $11,766

Less: Depreciation $6,415

Earnings before interest and tax (EBIT) $11,542

Less: Interest expenses $3,854

Earnings before tax (EBT) $7,688

Less: Tax expenses (7688*35%) $2,691

Earnings after tax $4,997

Operating cash flow = EBIT + Depreciation expenses - Tax expenses

Operating cash flow = $11,542 + $6,415 - $2,691

Operating cash flow = $15,266

3 0

3 years ago

Identify two components from the business environment and support them with one example of each​

Identify two components from the business environment and support them with one example of each