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2 years ago

The definition of a(n) _________ is when our desired outcomes do not match the actual situation.

Business

1 answer:

Marat540 [252]2 years ago

8 0

The definition of a problem is when our desired outcomes do not match the actual situation.

A problem is that situation which is unsatisfactory and causes difficulties for the people.

Problems are always uninvited and must be solved as earliest as possible. There must not be any gap between what is desired and what is got. This difference will give birth to problems of many types.

Because after solving the problems the desired results would be obtained.

It can be the problem of unemployment, poverty, low per capita income, heavy population pressure over the economy.

Problems could be solved by inspection at first or by using different problem solving techniques such as sample testing, taking different surveys to collect data about the problem so that is could be solved as early as possible.

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Teddy's Pillows had beginning net fixed assets of $471 and ending net fixed assets of $550. Assets valued at $319 were sold duri

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Answer:

Net Capital Spending = $121

Explanation:

The Net Capital Spending is the amount of money a company spends in the acquisition of fixed assets during the year. Mathematically, it is represented as:

Net Capital Spending = Ending net fixed asset - Beginning net fixed asset + depreciation

Net Capital Spending = 550 - 471 + 42 = $121

∴ Net Capital Spending = $121

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3 years ago

Cara, who is 42 years old, had some unexpected medical expenses during the year. To pay for these expenses (which were claimed a

myrzilka [38]

Answer:

Answer is given below;

Explanation:

Distribution received from IRA $10,000

Marginal income tax rate 22%

Income Tax $10,000*22% $2,200

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3 years ago

More and more companies are increasing their interactive marketing budgets. most of this investment will be made in:

Zina [86]

Search marketing (such as search engine optimization/SEO) and display advertising.

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3 years ago

Afirm expects to sell 25,000 units of its product at $11 per unit. Pretax income is predicted to be $60,000. If the variable cos

Rama09 [41]

Answer:

total fixed cost= 90,000

Explanation:

Giving the following information:

A firm expects to sell 25,000 units of its product at $11 per unit. Pretax income is predicted to be $60,000. The variable costs per unit are $5.

The pretax income is calculated using the following formula:

Pretax income= total contribution margin - total fixed cost

60,000= 25,000*(11 - 5) - total fixed cost

60,000 - 150,000= - total fixed cost

total fixed cost= 90,000

7 0

3 years ago

Read 2 more answers

Backus Inc. makes and sells many consumer products. The firm’s average contribution margin ratio is 27%. Management is consideri

dezoksy [38]

Answer:

The correct answer for option (a) is $10.96 and for option (b) is 7,128 units.

Explanation:

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

contribution margin ratio = 27%

Variable expense = $8 per unit

Fixed expense = $13,000

(A) We can calculate the selling price as follows:

Contribution margin ratio = 100 % - Variable expense ratio

= 27% = 100% - Variable expense ratio

= Variable expense ratio = 100% - 27% = 73%

So, Selling price = Variable expense ÷ Variable expense ratio

= $8 ÷ 73%

= $10.96

(b). Profit = $8,100

Contribution margin = Selling price - Variable expense = $10.96 - $8 = $2.96

So. we can calculate the number of units by using following formula:

Number of units required = (Fixed cost + Profit) ÷ Contribution Margin

= ( $13,000 + $8,100 ) ÷ $2.96

= $21,100 ÷ $2.96

= 7,128.38 units

3 0

3 years ago