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3 years ago

When a life insurance company advertises the safety and security of its products, it is using a ________ advertising strategy.

1 answer:

3 0

I think the correct answer from the choices listed above is option C. When a life insurance company advertises the safety and security of its products, it is using a persuasive <span>advertising strategy. Hope this answers the question. Have a nice day.</span>

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Ritchie Manufacturing Company makes a product that it sells for $200 per unit. The company incurs variable manufacturing costs o

NARA [144]

Answer :

Break even units = 10,500

Break even amount = $2,100,000

Explanation :

As per the data given in the question,

a) Break even units = Fixed expense ÷ CM per unit b ÷ (a - c)

= ($466,000 + $269,000) ÷ ($200 - $110 - $20)

= 10,500 units

b) Break even amount = b ÷ (a ÷ c)

= ($466,000 + $269,000) ÷ ($70 ÷ $200)

= $2,100,000

Contribution margin ratio = Contribution margin ÷ Selling price per unit × 100

where,

Contribution margin = Selling price per unit - variable expenses per unit

c) CM per unit Break even units = Fixed expense ÷ Cm per unit

= $735,000 ÷ $70

= 10,500 units

Break even dollars = Fixed expense ÷ Contribution margin ratio

= $735,000 ÷ 0.35

= $2,100,000

d) Contribution margin income statement:

Sales = 10,500 × $200 = $2,100,000

Less Variable expenses 10,500 × ($110+$20) = $1,365,000

Contribution margin $735,000

Less Fixed Expense $735,000

Net Operating Income = $0

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3 years ago

A vending machine's coin box contains nickels, dimes, and quarters. The total number of coins in the box is 284. The number of

solong [7]

Answer:

there are 59 nickels, 12 quarters, and 213 dimes

Explanation:

let n = nickels
let q = quarters
let d = dimes

first step:

d = 3 (n + q) = 3n + 3q

d + n + q = 284

0.10d + 0.05n + 0.25q = 27.25

second step:

3n + 3q + n + q = 284

0.10 (3n + 3q) + 0.5n + 0.25q = 27.25

third step:

4n + 4q = 284

0.3n + 0.3q + 0.05n + 0.25q = 27.25

fourth step:

n + q = 71

0.35n + 0.55q = 27.25

fifth step:

replace q = 71 - n

0.35n + 0.55(71 - n) = 27.25

sixth step:

0.35n + 39.05 - 0.55n = 27.25

seventh step:

11.8 = 0.2n

eighth step:

n = 59

q = 71 - 59 = 12

d = 284 - n - q = 284 - 59 - 12 = 213

6 0

3 years ago

Ruth, a cashier at a private bank, strongly believes that no matter how much effort she puts in or how many hours she works over

Citrus2011 [14]

Answer:

Ruth, a cashier at a private bank, strongly believes that no matter how much effort she puts in or how many hours she works overtime, she will not be offered a promotion in the next 10 years. In this scenario, Ruth's beliefs are in accordance with the expectancy theory.

6 0

3 years ago

Saving is:a) the difference between real GDP and disposable income while savings is the difference between disposable income and

Bogdan [553]

Answer:

Explanation:

Saving is the difference between disposable income and consumption

Saving = disposable income - consumption

for example, if disposable income is $1000 and consumption is $600. Saving is $400

the higher consumption is, the lower saving would be. the lower consumption is, the higher saving would be

Savings is the total amount of money saved over a period of time

3 0

3 years ago

Bourne Incorporated reports a cash balance at the end of the month of $2,395. A comparison of the company's cash records with th

Brilliant_brown [7]

Answer:

Increase in Cash/bank = $1000+ $26 = $1026

Decrease in Cash/bank = $76+$260 = $336

Explanation:

The entries for each transaction is as follows:

1- Bank service charges:

Service charges exp Dr $76

Bank Cr $76

(Note: Bank has provided us with banking services, the charges of which is an expense for Bourne incorporated and the settlement of which will reduce our bank balance, a credit.)

2- NSF check from a customer:

Entry:

Acc receivable Dr $260

Bank Cr $260

(Note: A NSF check is a non-sufficient funds check which implies that the customer doesn't have sufficient funds to pay for whatsoever services rendered by us. Upon receipt of such a check we must have increased our bank and decreased our receivable but since it has been dishonored we need to reverse the entry by decreasing our bank and increasing our receivable balance until it's settled by the customer.)

3- Customer's note receivable collected by the bank:

Entry:

Bank Dr $1000

Receivable Cr $1000

(Note: Bank has received a note against a receivable which results in an increase in our bank balance and decrease in or respective customer account and/or receivable.)

4- Interest earned:

Entry:

Bank Dr $26

Interest income Cr $26

(Note: The money deposited by Bourne Incorporated has earned interest which by nature is an income for Bourne. So Bank is debited and interest income is credited to increase both bank and income simultaneously.)

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3 years ago