A dance instructor salary could be $32,600 on average.
The Great Depression, the recession, I don't know the other one.
A 401(k) is a good long-term investment strategy hope it helps
The company’s shipments of newly-produced branded and private-label footwear from its plants to its regional distribution centers are subject to <span>any applicable import tariffs and exchange rate adjustments.
tariffs is </span><span>a tax or duty to be paid on a particular class of imports or exports.</span>
Answer:
A. Quick Change's profit will increase while Fast Change's profit will fall.
Explanation:
Initially, both Quick Change and Fast Change have 4700 customers and the revenue per customer is $15. The total revenue for both businesses is,
The salary expense of Quick change is fixed at 47000. Thus, Quick Change's profit, initially, is:
The Salary expense of Fast Change is variable as it is calculated on the number of customers served at $10 per customer. So, Fast Change's initial profit is,
- 70500 - (10 * 4700) = 23500
When the number of customers change and Quick change gains 1000 more customers and reduced its price to 13, the new revenue and profit for Quick change will be,
- Revenue = 13 * 5700 = 74100
- The salaries expense is fixed so it will stay 47000
- Profit = 74100 - 47000 = 27100
- Thus the profit of Quick Change will increase to 27100 from 23500.
The new revenue and profit of Fast Change will be,
- Revenue = 15 * 3700 = 55500
- The new salary expense will be = 10 * 3700 = 37000
- The new profit will be = 55500 - 37000 = 18500
So Quick Change's profit has increased while Fast Change's profit has fallen.