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3 years ago

The following information relates to last year's operations at the Legumes Division of Gervani Corporation:

Business

1 answer:

yanalaym [24]3 years ago

7 0

Answer:

The Legume Division's net operating income last year was d. $45,000

Explanation:

Turnover (on operating assets) = Total Sales/ Operating assets

From the formula,

Operating assets = Total Sales/Turnover (on operating assets) = $900,000/3 = $300,000

Return on investment (ROI) is calculated by using following formula:

ROI = Net income/Total investment

Net Income = ROI x Total investment

At the Legumes Division of Gervani Corporation, Total investment = Operating assets = $300,000

Net Income = 15% x $300,000 = $45,000

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The following information relates to a product produced by Marigold Company: Direct materials $20 Direct labor 10 Variable overh

Tomtit [17]

Answer:

The incremental cost per unit associated with the special order is $60.

Explanation:

Direct materials 20

Direct labor 10

Variable overhead 20

Variable selling and administrative 10

Total 60

Therefore, The incremental cost per unit associated with the special order is $60.

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4 years ago

The CCCS aids families by:

Hitman42 [59]

Answer:

The correct answer would be option A, Setting up a budget for them.

Explanation:

CCCS stands for Consumer Credit Counseling Services. The Consumer Credit Counseling Services provide a set of services to the clients which may include the financial education, budgeting assistance, debt management plans, etc.

The consumer credit counseling services aids families by setting up a budget for them. They formulate a plan for how to spend their money on things. They formulate a budgeting plan for the families to take the best and greatest advantage of their money.

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3 years ago

Which amendment to the United States Constitution provides that all powers that the Constitution neither gives exclusively to th

-BARSIC- [3]

Answer:

10th amendment

Explanation:

The Tenth Amendment specifically grants those rights to the States that the Constitution neither assigns to the federal government nor forbids the Member States. The Tenth Amendment doesn't really place any clear restrictions on the power of the federal government, although an effort has been made to do so.

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3 years ago

Revising for Conciseness - Rejecting Redundancies and PurgingEmpty Words

ludmilkaskok [199]

Answer:

Answer (A) - 1 and 2

Answer (B) - 3

Answer (C) - 2

Explanation:

There are three sections to this question.

PART A: Rejecting Redundancies

Among the 4 options given in this section, the redundancies are

1. Adequate enough

2. Combined together

Why? Because there is repetition in the phrases! Adequate is the same thing as Enough and Combined means the same thing as Together.

PART B: Purging Empty Words

For the statement given, the option containing the empty words is

3. "that was unfinished"

Why? Because this is the unnecessary phrase that needs to be eliminated from the sentence, not even for conciseness sake but for the sake of proper grammar and better comprehension by the reader.

PART C: Revising a Passage

For the passage given, the type of revision that could be made to make it more concise is

2. Drop unnecessary fillers

Why? Because the second statement in the passage was an unnecessary filler. It contained information that required story telling about the efforts of "Jump High Schools".

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3 years ago

Suppose that without specialization, Iran produces 4 barrels of oil and 6 bottles of olive oil, and Iraq produces 4 barrels of o

Elza [17]

Answer:

With specialization Iran will be able to consume 1.7 bottles of olive oil.

Explanation:

Iran produces 4 barrels of oil and 6 bottles of olive oil.

Iraq produces 4 barrels of oil and 4 bottles of olive oil.

The opportunity cost of producing a barrel of oil for Iran

= $\frac{6}{4}$

= 1.5

The opportunity cost of producing a barrel of oil for Iraq

= $\frac{4}{4}$

= 1

Iraq has a lower opportunity cost for producing oil so we can say it has a comparative advantage in producing oil.

The opportunity cost of producing a barrel of olive oil for Iran

= $\frac{4}{6}$

= 0.66

The opportunity cost of producing a barrel of olive oil for Iraq

= $\frac{4}{4}$

= 1

Iran has a lower opportunity cost for producing olive oil so we can say it has a comparative advantage in producing it.

The terms of trade with specialization are 4 barrels of oil for 4.3 bottles of olive oil, and that 4 barrels of oil are indeed traded for 4.3 bottles of olive oil.

Without trade, Iran is consuming 4 barrels of oil and 6 bottles of olive oil.

With specialization, Iran will be able to consume

= 6 - 4.3

= 1.7 bottles of olive oil

6 0

3 years ago