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3 years ago

A surplus exists in a market if

Business

1 answer:

SCORPION-xisa [38]3 years ago

8 0

Answer:

A surplus exists in a market if the supply happens to be excessive

Explanation:

In a situation where there is surplus, this shows that the quantity supplied is more than the quantity demanded which would allow to incur low sales hence; there would be reduction in price in order to avert such and increase the demand.

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Most informational reports are written a. by only top business executives. b. using the indirect organizational strategy. c. for

Aliun [14]

<h2>using formal writing style</h2>

Explanation:

Informational reports are written for the purpose of internal audience.

A formal writing style consists of the following:

It will be written using active voice
Will avoid vague language
Sentences will be crisp and clear. No too lengthy sentences are allowed
Abbreviations will not be present
Sentences will include items expressed in a positive way
There will not be any exaggeration of pointers
No exclamation mark will be outside the quotation marks.

8 0

3 years ago

Ferkil Corporation manufacturers a single product that has a selling price of $20.00 per unit. Fixed expenses total $63,000 per

pshichka [43]

Answer:

Break-even point= 11,500 units

Explanation:

Giving the following information:

Selling price= $20.00 per unit.

Fixed expenses= $63,000 per year.

Break-even point= 9,000 units to break even.

Desired profit= $17,500

First, we need to calculate the unitary variable cost:

Break-even point= fixed costs/ contribution margin

9,000= 63,000 / (20 - unitary variable cost)

9,000*20 - 9,000x= 63,000

180,000 - 63,000= 9,000x

117,000/9,000=x

13= unitary variable cost

Now, we can calculate the number of units:

Break-even point= (fixed costs + desired profit) / contribution margin

Break-even point= (63,000 + 17,500) / (20 - 13)

Break-even point= 11,500 units

3 0

3 years ago

Instructions: Place the steps in the performance appraisal process in the correct order, from first to last. Rank the options be

raketka [301]

Performance appraisal is used to compare employee performance against some standards. The steps in the performance appraisal process are;

1. Establishing Performance Standards

2. Communicating Standards

3. Evaluating Performance

4. Making Decision

5. Discussing Results

6. Taking Action

In the performance appraisal process, the supervisors will first establish the standards that will guide the operations of employees.

Next, they should inform the employees of those standards. They should examine the performances of their employees and make decisions on whether they performed well or not.

Then, they should discuss the results with them and take action on whether to reward or punish them.

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2 years ago

A company has sales of $640,000, net profit after taxes of $23,000, a total asset turnover of 4. 17 and an equity multiplier of

spayn [35]

A corporation has $ $640,000$ in sales, $ $23,000$ in net profit after taxes, a $4.17$ total asset turnover, and a $1.67$ equity multiplier. response is $9%.$ %

The ratio of a company's net income to the equity of its shareholders is known as return on equity (ROE). A company's profitability and the effectiveness of its revenue generation are measured by its return on equity (ROE). The better a corporation is at turning its equity financing into profits, the higher its ROE.

Return on Asset is expressed as a percentage of the total return an organization generates in relation to its total assets. The return on asset calculation formula is.

Return on assets is calculated as Net Profit After Taxes by Asset Turnover and Sales multiplied by $100$ . For example, Return on Assets is $ $23,000*2.5$ by $640000*100$ Return on Assets is $ $57,500/640000*100$ Return

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8 0

2 years ago

A market structure with a large number of sellers who make differentiated products is called _____.

Lubov Fominskaja [6]

The correct answer for the question that is being presented above is this one: "Monopolistic competition." A market structure with a large number of sellers who make differentiated products is called monopolistic competition. Monopolistic Competition refers to a type of imperfect competition<span> such that many producers sell products that are differentiated from one another.</span>

4 0

3 years ago

A surplus exists in a market if​

A surplus exists in a market if