During the maturity phase, cash from operations and net income are approximately the same.

Last winter, your service fraternity volunteered at an elementary school in a lower income neighborhood in your city. You notice

sesenic [268]

Answer:

A) Persistent.

C) Hard-working.

D) Creative.

Explanation:

In the given situation, it is mentioned that an individual wants to start a business that deals in hats and mittens so the needs of the children could be fulfilled. But for that, we need to find out a cofounder that should be have following traits and characteristics

a. Persistent: The person should be trying his best o achieve it rather than escape from it

b. he should be hardworking so that every child's need could be fulfillled

c. He should be creative or we can say who bring innovative ideas to the firm so that the people get attracted to the company products so that the sale of the firm could rise up

6 0

4 years ago

Match the job descriptions with the job titles.

Marina CMI [18]

Answer:

See below

Explanation:

The job description is a document that shows the duties, responsibilities, and skills to perform a specific role. For example;

Negotiate insurance settlement- Claim adjuster

The claim adjuster gathers reports and facts to the insurer.

Certifies the financial record of the business- Auditor

An auditor ensures the reports and records are well examined in an organization. He or she verify the assets and liabilities.

Help a company build a positive image in the media- Public relation specialist.

Public relations help in building trust and creating awareness about the organization.

Negotiates the rates for transportation of goods- Cargo and flight agent

cargo and flight agents ensure that shipments are delivered on time, and fees are collected.

6 0

3 years ago

7. Choose if the product is a Good, a Service, or Both.

Papessa [141]

Answer:

1 buying a bicycle it's a good

2 getting a back message it's a service

3 getting the plumbing fixed in your house it's a service

4 use of a smartphone app it's a service

5 buying a new Ac unit for your house it's a service

6 buying a hamburger it's a good

7 getting your taxes completed by a tax firm it's both

5 0

3 years ago

Brodrick Company expects to produce 21,700 units for the year ending December 31. A flexible budget for 21,700 units of producti

statuscvo [17]

Answer:

$\left[\begin{array}{cccc}&$Flexible Budget&$Actual&$Variance\\$Sales&548,000&500,000&48000U\\$Variable&-82,200&-113,700&31,500U\\$Contribution&465,800&386300&79,500U\\$Fixed Cost&-142,000&-134,000&8,000F\\$Income&323,800&252300&71,500U\\\end{array}\right]$

Explanation:

Sales Price: 434,000 / 21,700 = 20

Variable cost: 65,100 / 21,700 = 3

fixed cost: 142,000

Values at 27,400 units:

sales: 27,400 units x $20 = 548,000

variable cost: 27,400 units x $3 = 82,200

Now, we compare with the actual result and calcualte the income

3 0

4 years ago

Using the high-low method and the Millco data above, what is the approximate fixed cost component of the monthly maintenance cos

loris [4]

Millco Inc. manufactures electronic parts They are analyzing their monthly maintenance costs to determine the best way to budget these costs in the future. They have collected the following data for the last six months:

Months Machine Hours Maintenance Costs

January 30,000 $67,500

February 40,000 74,500

March 37,500 65,900

April 39,000 68,750

May 42,300 74,000

June 35,000 64,500

Answer:

Millco Inc.

The approximate fixed cost component of the monthly maintenance costs is:

$51,600.

Explanation:

a) Data and Calculations:

Months Machine Hours Maintenance Costs

January 30,000 $67,500

February 40,000 74,500

March 37,500 65,900

April 39,000 68,750

May 42,300 74,000

June 35,000 64,500

High-low:

May 42,300 $74,000 for highest

January 30,000 67,500 for lowest

Difference 12,300 $6,500

Variable costs = $0.53 ($6,500/12,300)

Using May, the total variable cost = 42,300 * $0.53 = $22,419

Fixed cost = $51,581 ($74,000 - $22,419)

or approximately $51,600

6 0

3 years ago