Answer:
The answer is $2,857.14
Explanation:
Let us assume Sales be $500 per month
Monthly
Sales $500
Less: Variable Cost(72%) $360
Contribution(will be 28%) $140
Less: Fixed Cost(Assume) 0
Operating Income $140
If there should be an increase of $800 per month in the operating Income
Revised Operating Income $140 + $800 = $940
Therefore Contribution is equal to $ 940
If Contribution is $940 equal to 28%, then Sales be 100%
$940 ÷ 28%
$3,357.14
Therefore additional increase in Sales revenue required per month
$3,357.14 - $500
$2,857.14
Answer:
$3,250
Explanation:
Calculation to determine How much income must Larry report for the current year
Current year income=$13,250-$10,000
Current year income=$3,250
Therefore How much income must Larry report for the current year is $3,250
Answer:
The correct option is "a".
Its total assets turnover must be above the industry average.
Explanation:
Return on equity = profit margin * asset turnover* equity multiplier
Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity. Because shareholders' equity is equal to a company’s assets minus its debt, ROE could be thought of as the return on net assets.
ROE is considered a measure of how effectively management is using a company’s assets to create profits.
If ROE is above the industry average, this means that the company's management is above average at using the company’s assets to create profits.
E. A given amount of supply creates an equal value of demand somewhere in the economy
Answer:
An import tarif
Explanation:
An import tariff is a type of tax levied on the product bought from foreign nations. Tariff restricts the volume of goods and services brought into the country and making them expensive in the local market. Import tariffs serve as a source of revenue to the government and protect locally manufactured goods from unfair competition by imports.
The 25 percent tax imposed on all SUVs is an example of an import tariff. The person of the firm importing the vehicle must pat the government an amount equivalent to 25 percent of the value of SUV. Import tariffs make importing unattractive, thereby encouraging the consumption of domestic products.
