We are given the following data for publishing an electronic textbook about spreadsheet applications for business.
Fixed cost = $160,000
Variable cost = $6 per book
Selling price = $46 per book
First, we have to establish an equation to know the profit or loss of the company.
Total cost = Fixed cost + Variable Cost (number of books)
Total sales = Selling price (number of books)
The profit is calculated by subtracting the total cost from the total sales.
Profit = Total sales - total cost
The following equations are useful:
let x = number of books produced
y = number of books sold
Total cost = $160,000 + $6x
Total sales = $46y
The value of x can be changed according to the actual number of books produced. y can be changed according to the actual number of books sold
Profit = $46y - ($160,000 + $6x)
If x = y = 3500
Profit = $22,000 for 3500 books
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The specific set of organizational practices, policies, and programs, plus a philosophy that actively supports efforts to help employees achieve success at both work and home considered is -work-life effectiveness. This is further explained below.
<h3>What is organizational practices?</h3>
Generally, An organizational practice is the habitual application of knowledge inside an organization for the purpose of carrying out a certain function. This application of knowledge has developed over the course of time as a result of the history, people, interests, and activities of the organization.
In conclusion, The precise combination of corporate practices, policies, and programs, plus a mindset that actively supports efforts to assist individuals to achieve success at both work and home regarded called -work-life effectiveness.
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Answer:
A. A decrease in the money supply will lead to a decrees in nominal interests according to the money market graph.
B. Consumer spending, government spending, and investment spending will all decrease due to the higher interest rates. It is less favorable to spend. Because it is a closed economy, net exports will not be affected.
C1. The output of the economy will decrease because the aggregate demand shifted to the left.
C2. The price level of the economy will decrease because the aggregate demand shifted to the left.
Explanation:
Answer:
1. Date Journal Entry Debit Credit
Dec 31 Cash $23,000
Common stock $6,000
(600*10)
Additional paid in capital $6,600
Common stock (
600*(21-10))
Bonds payable $10,000
<em>Premium on Bonds payable $400</em>
2. Date Journal Entry Debit Credit
Dec 31 Cash $23,000
<em>Discount on Bonds payable $800</em>
Common stock $6,000
(600*10)
Additional paid in capital $7,800
- Common stock (
13800-6000)
Bonds payable $10,000
Workings
Market value of common stock =600*24.50 = $14700
Market value of Bonds = 10000*0.98 = $9800
Total Market value = $24500
Allocated to Common stock =23000*14700/24500 = $13800
Allocated to bonds = 23000*9800/24500 = $9200
Risk management is an on-going process, and is a combination of proactive management directed activities within a programme that are intended to accommodate the possibility of failures.