Answer:
Total Selling Expenses for the month of February is $241,000
Explanation:
Sales Commissions ($700,000 of sales x 5%) = $35,000
Sales Manager Salary = $96,000
Advertising expenses = $90,000
Shipping expenses = ($700,000 of sales x 2%) = 14,000
Miscellaneous selling expenses = ($2,500 + $700,000 x 1% x 0.5) = $6,000
Total Selling Expenses (Summation of all the calculated above working)= $241,000
Answer:
3 years
Explanation:
The cash payback period measures how long it takes for the amount invested in a project to be recouped from cumulative cash flows.
Explanations on how the payback period is calculated can be found in the attached image.
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Together, we may achieve several social, economic and environmental advantages that prevent waste from entering the ocean and increase the resilience of the entire city.
<h3><u>
What is 'Mobilizing finance and building partnerships in cities' event about?</u></h3>
- The focus of this event will be on cities' crucial contributions to environmental goals, particularly in halting the flow of rubbish into the ocean.
- Around 80% of the 11+ million tons of plastic debris that are dumped into the ocean each year come from land, mostly as a result of inadequate municipal waste management.
- Over half of the world's population lives in cities, but they are rarely taken into account when making international decisions. However, cities all over the world are attempting to enhance sanitation, safeguard public health, boost tourism, and produce economic growth.
- Cities are given a formal framework for addressing these interconnected issues through the Urban Ocean® initiative. With assistance from cities and organizations on all five continents, our initial cohort of 11 cities concentrates on Asia and Latin America.
<h3><u>
What are Environmental Advantages?</u></h3>
- Environmental change is the alteration or disturbance of the natural environment, most frequently brought on by human activities and ecological processes.
- Various variables, such as natural disasters, human meddling, or animal contact, might cause changes in the environment. Environmental change includes both physical changes and non-physical elements, such as an invasion of invasive species.
With this information in hand, cities can bring together stakeholders to forge agreement on plans that are based on research, with the ultimate objective of enlisting partners and financiers to carry out solutions. City resilience leaders from Asia, Southeast Asia, and Latin America will attend this event along with officials from national-level governments, non-governmental organizations, and these regions.
Know more about Environmental Advantages with the help of the given link:
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