Answer:
Operating income = $125,000
Explanation:
<u> Income statement </u>
<u>Particular Amount </u>
Sales revenue(1,880 x $400) $752,000
<u>LESS:</u><u> Cost of goods sold $433,000</u>
Gross margin $319,000
LESS: Selling expense $65,000
Commissions($752,000 x 10%) $75,200
<u> Administrative expense $53,800</u>
<u>Operating income $125,000 </u>
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Answer:
c) managerial and marketing knowledge developed at home can be used abroad with low marginal costs.
Explanation:
Low marginal cost represents low cost associated with the functioning of bank at low cost for each additional transaction of business. This basically provides for low costing.
Since the bank is able to exercise the low marginal cost in domestic market it expects to have a low marginal cost in international market also with the expertise of management.
As the bank feels confident with the management that it would be able to keep the cost low even in international domains thus, it expects low marginal cost in international domains also.
Answer:
The budgeted operating income for 7,200 chairs sold is $13,826.
Explanation:
<u>Wicker Chair Co. budgeted operating income</u>
Sales (7,200 chairs × $52) $374,400
Less Expenses
Variable (7,200 chairs × $39.20) ($282,240)
Fixed ($78,334)
Budgeted Income / (loss) $13,826
Conclusion :
The budgeted operating income for 7,200 chairs sold is $13,826.
The answer would be (B. To create one related to what you do in your free time) To be interested/motivated in what you are doing, it has to grab your attention, you have to appreciate the topic, best way to make a business you'll enjoy is to create one based around one of you favorite pass times, hobbies, passions, etc...<span />