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Anastaziya [24]
3 years ago
12

The revenue is​ $94,000, the cost of goods sold is​ $51,000, other expenses​ (from selling and​ administration) are​ $21,000, an

d depreciation is​ $12,000. What is the​ EBIT?
Business
1 answer:
guapka [62]3 years ago
4 0

Answer:

$10,000

Explanation:

EBIT is earnings before interest and tax

EBIT = Revenue - cost of goods sold - other expenses - depreciation

$94,000 - $51,000 - $21,000 - $12,000 = $10,000

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A leading game console manufacturer reduces the price of its flagship product by 10 percent. Holding other things such as income
nekit [7.7K]

Answer:

E (Last one, you didn't put a letter for it)

Explanation:

The answer is E because a price reduction, depending on how large it is, will mostly have an effect on consumer, or in this case, customer sales. In this case, since it is a smaller percentage, it may not have a very big effect though.

4 0
3 years ago
You have $12,000 to invest and would like to create a portfolio with an expected return of 9.75 percent. You can invest in Stock
dusya [7]

Answer:

The multiple choices are:

$5,589.04

$7,452.05

$4,890.41

$5,876.71

$6,410.96

Amount invested in K is $6,410.96  

Explanation:

L+K=12,000

from the return perspective

0.0975=K/12000*0.0805+L/12000*0.117

K=12000-L

Substitute for K in the second equation

0.0975=(12000-L)/12000*0.0805+L/12000*0.117

0.0975=(966-0.0805L)/12000+0.117L/12000

0.0975=(966-0.0805L+0.117L)/12000

12000*0.0975=966+0.0365 L

1170 -966=0.0365L

204=0.0365L

L=204/0.0365

L=$ 5,589.04  

K=$12,000-$ 5,589.04  

K=$6,410.96  

6 0
3 years ago
A director violates the corporate opportunity doctrine if he or she competes with the corporation, unless the disinterested dire
DIA [1.3K]

The given statement " A director violates the corporate opportunity doctrine if he or she competes with the corporation, unless the disinterested directors approve of the director's actions " is TRUE

Explanation:

A business opportunity applies to any business opportunity that a client may gain.

The Corporate Opportunity law controls the moral responsibility of directors, managers and managing stockholders in an organisation, with loyalty responsibilities, not to misuse such incentives without first offering to the corporate board the right to reject the opportunity on behalf of the company.

When these actions are broken and a director of the company takes the chance, then the trustee has abused his obligation to be trustworthy and will be able to maintain a constructive trust with the proceeds arising from the incorrect transaction.

8 0
4 years ago
Which of the following is especially crucial in the approach stage of the selling​ process?
Rashid [163]

Answer:

(E) ensuring the customer understands the​ company's history.

Explanation:

Approach phase is the third stage of selling process, in this the sales person meets the customer for the first time.

First 2 steps are prospecting and preparation.

Under prospecting the customers are identified who needs the products of the company.

Under preparation the slides are prepared about the company's product, that how it will be presented to the customer.

Under approach stage the salesperson meets the customer, and introduces where he came from, why he came, ad what does the company do.

After that only he further moves to understand and confirm with the estimated needs of customer.

Thus, statement (E) confirms that the customer knows about the company, and why the salesperson is here to meet him.

8 0
3 years ago
Roberts Corp. reports pretax accounting income of $208,000, but due to a single temporary difference, taxable income is only $15
goblinko [34]

Answer:

The answer is given below;

Explanation:

Temporary Difference $208,000-$154,000=$54,000

Taxable Temporary Difference=$54,000*25%=$13,500

Current Tax Expense =154,000*25%=$38,500

Please note that taxable temporary difference result in deferred tax expense and corresponding effect in deferred tax liability.

Deferred Tax Expense   Dr.$13,500

Current Tax Expense      Dr.$38,500

Deferred Tax liability       Cr.$13,500

Current Tax Liability         Cr.$38,500

6 0
4 years ago
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