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3 years ago

What describes a country with a high physiological density and low agricultural density

1 answer:

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Agricultural Density is important for economic reasons. A higher agricultural density means that the available agricultural land is being used more and may reach its output limit sooner than a nation that has lower agricultural density.

However, an area with a low agricultural density has a higher potential for agricultural production. Economically, a low agricultural density would be favorable for future growth.

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2 years ago

Bramble Inc. has sales of $2,059,000 for the first quarter of 2020. In making the sales, the company incurred the following cost

frosja888 [35]

Answer:

Explanation:

The preparation of the CVP income statement is shown below:

Bramble Inc

CVP income statement

For the quarter ended March 31, 2020

Sales (A) $2,059,000

Variable cost

Cost of goods sold $765,000

Selling expenses $96,500

Administrative expenses $83,700

Total Variable cost (B) $945,200

Contribution margin (A-B) / C $1,113,800

Fixed expenses

Cost of goods sold $607,000

Selling expenses $66,000

Administrative expenses $73,000

Total fixed cost (D) $746,000

Net income (C-D) $367,800

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3 years ago

In 2019, a marketing manager for New Balance’s Fresh Foam Zante shoe needs to forecast sales through 2021. She begins with the k

worty [1.4K]

Answer:

c) lost-horse forecasting.

Explanation:

According to my research on different types of forecasting methods, I can say that based on the information provided within the question the method being used in this situation is called lost-horse forecasting. This refers to using a value as a base, then analyzing all the factors and how they can affect the base value before making a final forecast. This is what the marketing manager is doing by using the known total in 2018 as a base and adjusting for different factors before making a sales forecast for 2021.

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3 years ago

Bristo Corporation has sales of 1,000 units at $60 per unit. Variable expenses are 40% of the selling price. If total fixed expe

Misha Larkins [42]

Answer:

3.60

Explanation:

Given that,

Sales units = 1,000

Sales price per unit = $60

Variable expenses = 40% of the selling price

Total Fixed cost = $26,000

Contribution margin per unit:

= Selling price - Variable cost

= $60 - ($60 × 40%)

= $60 - $24

= $36

Total contribution:

= Contribution margin per unit × Sales units

= $36 × 1,000

= $36,000

Profit = Total contribution - Fixed cost

= $36,000 - $26,000

= $10,000

Degree of operating leverage:

= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed Expenses)

= (60,000 - 24,000) ÷ (60,000 - 24,000 - 26,000)

= 36,000 ÷ 10,000

= 3.60

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3 years ago

A real estate broker sold property on Friday morning and received a $2,000 deposit in cash. Afraid to carry the money, he quickl

maw [93]

Answer:

commingling

Explanation:

Commingling is defined as the mixing of the money of broker money with the money of the clients of the broker.

Here in the question it is stated that the money received (i.e the money of the client ) is deposited by the real estate broker in his account.

Now by depositing the money in his bank account he actually mixes the money of the client with his money which is already present in his bank account

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3 years ago