3 years ago

Give one advantage and one disadvantage for a Command Economy.

1 answer:

Pie3 years ago

5 0

Answer:

Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

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Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

mariarad [96]

Answer:

$8,222

Explanation:

The computation of increase in net operating income is shown below:-

Contribution margin per unit = Contribution margin ÷ Sales volume units

= ($31,500 ÷ 1,000)

= $31.5

Increase in net operating income = Contribution margin - Fixed expenses

= (1,001 × $31.5) - $23,310

= $8,222

Therefore for computing the increase in net operating income we simply applied the above formula.

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3 years ago

Which education and qualifications are most helpful for Revenue and Taxation careers? Check all that apply.

yarga [219]

Answer:

Customer service skills

Integrity

Math skills

Knowledge of finance

Explanation:

6 0

3 years ago

Read 2 more answers

Reiko started a business selling home medical supplies. She spent $5200 to obtain her merchandise, and it costs her $550 per wee

ratelena [41]

Answer:

it will take around 15 weeks to for Reiko to make a profit

Explanation:

Given:

Amount spent to obtain merchandise = $5,200

Cost of general expenses = $550

Earnings from sales per week = $900

Now,

Let 'x' be the number of weeks taken to make profit

thus,

Total cost involved = $5,200 + ( $550 × x )

Total profit from sales = $900 × x

for making profit

$900 × x ≥ $5,200 + ( $550 × x )

350x ≥ 5,200

x ≥ 14.85 weeks

thus,

it will take around 15 weeks to for Reiko to make a profit

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4 years ago

Google Ads was constructed around three core principles, focused on helping businesses reach their online potential. The first o

tia_tia [17]

Yes helpful information

4 0

4 years ago

XYZ corporation acquired two inventory items at a lump-sum cost of $100,000. The acquisition included 3,000 units of product 1P,

mina [271]

Answer:

b. $11,250

Explanation:

We are asked to know the gross profit:

gross profit: sales revenue - COGS

in this case sales revenue 1,000 units x $ 30 = 30,000

for COGS we will calculate with weighted average based on the sales price:

3,000 x 30 + 7,000 x 10 = 90,000 + 70,000 = 160,000

the cost of 160,000 dollars of sale is 100,000

we cross multiply for 30,000:

100,000 / 160,000 x 30,000 = 18,750 cost

now we solve for gross profit:

sales 30,000 - cost 18,750 = 11.250

6 0

4 years ago