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2 years ago

The principle of exceptions allows managers to focus on correcting variances between.

Business

1 answer:

Nezavi [6.7K]2 years ago

8 0

Answer:

The principle of exceptions allows managers to focus on correcting variances between standard costs and actual costs.

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Using the following information, prepare a vertical analysis of two years' income statements. Fees Earned is $153,500 for Year 2

pishuonlain [190]

Answer:

Following Statement is true

Operating income has increased as a percentage of revenue.

Vertical Analysis

Year 2 Year 1

Fees Earned $153,500 $149,700

Operating expenses $122,800 $127,245

Operating Income $30,700 $22,455

Operating Income as percentage of sales 20% 15%

Operating Income as percentage of sales is increased in year 2.

Which of the following statements are true?

Operating income has decreased as a percentage of revenue.

Operating income has increased as a percentage of revenue.

None of these choices are correct.

Operating expenses have increased as a percentage of revenue

7 0

4 years ago

If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is

Mazyrski [523]

Answer:

The coupon rate is the stated periodic interest payment due to the bondholder at specified times. The bond's yield is the anticipated overall rate of return. If the bond's price changes and is no longer offered at par value, the coupon rate and the yield will no longer be the same as the coupon rate is fixed and yield is a derivative calculation based on the price of the bond.

4 0

2 years ago

Mr. and Mrs. Garcia have a total of $100,000 to be invested in stocks, bonds, and a money market account. The stocks have a rate

Alexeev081 [22]

Answer:

Explanation:

Let y amount be invested in bonds

Let x amount be invested in money account

Let x amount be invested in stocks

x = y + 3x

10,000 = 12/100(y+3x) + 8/100*y + 4/100*x

10,000 = 12(y+3x) + 8y + 4x / 100

10,000 * 100 = 12y+36x + 8y + 4x

2500 * 100 = 3y + 9x + 2y + x

250,000 = 5y + 10x

50,000 = y + 2x.......................(1)

x + y + z = $100,000

y + 3x + y + x = $100,000

2y + 4x = 100,000

y + 2x = 50,000.......................(ii)

y = 50,000 - 2x

x = 50,000 + x

z = z

2 Options are

{(x,y,x), (x2,y2,z2)}

= (50000, 50000) (60000, 30000, 10000)

7 0

3 years ago

A monopolist sells 2,000 units for $20 each. The total cost of 2,000 units is $30,000. If the price falls to $19, the number of

leonid [27]

Answer:

Decrease by $1

Explanation:

Given:

Old data:

Q0 = 2,000 units

P0 = $20

Total revenue before change = 2,000 x $20 = $40,000

After change in Price.

Q1 = 2,100 units

P1 = $19

Total revenue After change = 2,100 x $19 = $39,900

Computation of Marginal Revenue:

Marginal Revenue = (P1 - P0) / (Q1 - Q0)

= ($39,900 - $40,000) / (2,100 - 2,000)

= -100 / 100

= $(-1)

Marginal revenue will decrease by $1

8 0

3 years ago

Concord Corporation had 807000 shares of common stock outstanding at December 31, 2021. In addition, it had 150000 stock options

Radda [10]

Answer:

846,000 shares

Explanation:

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

Outstanding common stock = 807,000 shares

Outstanding option stock = 150,000

option price = $37

Market price of common stock = $50

So, 150,000 - (150,000 × $37 ÷ 50)

= 150,000 - 111,000

= 39,000

So, Number of shares = 807,000 + 39,000

= 846,000 shares

7 0

4 years ago