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3 years ago

Which of the following statements is true?

Business

1 answer:

VladimirAG [237]3 years ago

7 0

Answer:

Many countries do not have access to modern agricultural processes.

Explanation

"In desert regions, wells and irrigation are needed to supply water before crops can be grown at all. Insects, plant diseases, and rats are estimated to ruin one-third of the harvest in some areas, and where lands have been farmed for centuries the soil nutrients are gone. Proper fertilization and hybrid plants could easily multiply crop yields."

This Quote shows that third-world countries crops are going to die because they don't have any modern ways to get rid of insects, plant diseases, and rats.

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Bundles of cedar shakes produced and sold 360,000 Sales revenue $ 2,412,000 Variable manufacturing expense $ 1,170,000 Fixed man

konstantin123 [22]

Answer:

0.343

Explanation:

Calculation for what The company's contribution margin ratio is closest to

First step is to calculate the Contribution margin using this formula

Contribution margin = Sales – Variable expenses

Let plug in the formula

Contribution margin= $2,412,000 – ($1,170,000 + $414,000)

Contribution margin= $2,412,000 – $1,584,000

Contribution margin= $828,000

Now let calculate the Contribution margin ratio using this formula

Contribution margin ratio = Contribution margin ÷ Sales

Let plug in the formula

Contribution margin ratio = $828,000 ÷ $2,412,000

Contribution margin ratio =0.343

Therefore The company's contribution margin ratio is closest to 0.343

4 0

3 years ago

Expenses, such as depreciation on buildings are also known as variable expenses. t or f?

SSSSS [86.1K]

The statement “Expenses, such as depreciation on buildings are also known as variable expenses.”, is false, due to the fact that depreciation is a fixed cost since throughout its useful life as an asset, it reoccurs in the same amount per period, and thus, depreciation cannot be considered a variable cost. Nevertheless, as with all things, there is an exception. The depreciation will be sustained in a pattern that is more consistent with a variable expense, only if a business recruits a usage-based depreciation methodology.

To add, the corporate expense that alters with the company’s production output is called the variable cost.

8 0

4 years ago

Peng Company is considering an investment expected to generate an average net income after taxes of $2,600 for three years. The

daser333 [38]

Answer:

NPV = $-42,124.72

Explanation:

The new present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

Cash flow in year 0 = $-54,000

Cash flow each year in year 1 and 2 = $2,600

Cash flow in year 3 = $2,600 + $7,200 = $9,800

I = 10%

NPV = $-42,124.72

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

3 0

3 years ago

Jerry has an insurance policy with a premium of $150 per month. In June, he’s in an accident and receives a bill with a total co

bazaltina [42]

$250

COVERAGE LIMIT-DEDUCTIBLE = $4000-$1500 = 2500

$2500/10 = $250

3 0

3 years ago

Differentiate between the short run and Long run?

kramer

Answer:

Short-run is a time limit during which at least one input can be fixed and other input quantities can be verified.

The long run is a time period in which all the inputs can be verified in quantities.

Explanation:

Both the fixed and variable costs occur in the short term.

There are no fixed costs in the long term.

The combination of the output of a company results in the desired amount of the goods at the lowest possible cost is sustained by efficient long-term costs.

The output changes variable costs. For instance, the employee's salaries and raw material costs are variable costs.

Based on variable costs and the production rate, the short-run costs are increasing or falling. If a company manages its short-term costs well over time, the desired long-term costs and goals will more likely be achieved.

3 0

3 years ago