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Dmitry_Shevchenko [17]
1 year ago
11

Angie Silva has recently opened The Sandal Shop, a store that specializes in fashionable sandals in Brisbane, Australia. Angie h

as just received a degree in business and she is anxious to apply the principles she has learned to her business. In time, she hopes to open a chain of sandal shops. As a first step, she has prepared the following analysis for her new store:
(d) Angie now has two salespersons working in the store - one full time and one part time. It will cost her an additional 8,000 per year to convert the part-time position to a full-time position. Angie believes that the change would bring in an additional 25,000 in sales each year. Should she convert the position? Use the incremental approach. (Do not prepare an income statement.)
Business
1 answer:
Elza [17]1 year ago
6 0

Incremental contribution margin:

$25,000 increased sales x 60% CM ratio           $15,000

                                                                             

Incremental fixed salary cost                                8,000

Increased net income                                            $7,000.

yes, the position should be converted.

In economics, the margin is profit after deducting expenses, expressed as a percentage. In investing, the margin is the deposit an investor leaves with a broker when borrowing money to buy a security.

The portion of a page or sheet outside the body of a printed product or document. 2: The outer boundary and adjoining surface of something: a ridge at the edge of the continental margin of a forest. 3: Any amount or measure or degree of substitution permitted or granted due to unforeseen circumstances or special circumstances was not subject to error.

Learn more about margin at

brainly.com/question/10218300

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MrRa [10]

Answer:

increase their savings

Explanation:

Saving is the action of putting aside a portion of income in a safe place instead of spending.  It is a technique that firms and individuals use to achieve their financial objectives. Consistent saving for a duration of time helps accumulates a substantial amount of money that can be used to actualize financial objectives.

While savings is not the financial objective, it is a means to achieve the actual goal. For Example, if one goal is to own a home or a car, they start saving for the down-payment. Saving helps achieve their long term goals.

7 0
3 years ago
A cost accounting system includes which of the following?
saul85 [17]

Answer:

c. It is used to record costs of selling activities.

Explanation:

Cost Accounting Provides the cost of all the activities involved in the selling activities like production cost and all operational costs. It Measure and reports all the of all costing units. It also assesses cost structure of every the organization. It is not associated with any any particular type of Inventory costing system, It deals with all accounting systems.

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3 years ago
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1. Identify the major competitors for the brand in Pakistan in clothing
Gala2k [10]

Explanation:

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8 0
2 years ago
Bob sold goods for $100 to a charge customer. The customer returned for credit $ 50 worth of goods. Terms of the sale were 3​/10
aev [14]

Answer:

The customer should​ pay $48.5

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Terms of sale 3/10, n/30 means there is a discount of 3% is available on payment of due amount within discount period of 10 days after sale with net credit period of 30 days.

As per given data

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Sales return = $50

Receivable = $100 - $50 = $50

As the payment is made within discount period, so discount will be availed on the amount due

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Payment by Customer = $50 - $1.5 = $48.5

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Ganezh [65]

The answer is: Car manufacturers

An industry that have high fixed costs in the short run would be the industry that has to put a high price tag for their products.

Car manufacturers need to provide a high number of capital on the early stage of investments to purchase machines and factory spaces that essential for the efficiency of the production. Due to this hard requirements, there is very little new company enter the competition in car manufacture industries in recent centuries.

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3 years ago
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