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harina [27]
3 years ago
7

The art of getting the greatest benefit from limited financial resources is called A. inflation. B. financial management. C. mar

keting. D. profit.
Business
1 answer:
Zina [86]3 years ago
6 0

The art of getting the greatest benefit from limited financial resources is called D. profit. Profit is what someone has received after they sell an item and subtract their operating costs from it. When a company or person wants fogure out their benefit or return on a product they can figure out their profit by adding up the costs and subtracting from the selling price.

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Match each of the following contract principles to the statement that best fits it: A. bargained-for exchange of value to the pa
AnnZ [28]

Answer:D.both parties to the contract agree on the contract terms

A.bargained-for exchange of value to the parties

C.parties' negotiated understanding of terms and intent that lead to the contract

B. the subject matter of the contract does not violate law or public policy

Explanation:D A C B 1.consideration

D A C B 2.mutal Acceptance

D A C B 3. Legality

D A C B 4. Agreement

8 0
3 years ago
On June 2nd, SEAkayak had the following details for its common stock: 1,000,000 shares authorized, 400,000 shares issued, and 40
kompoz [17]

Answer:

The authorized common stock shares remain 1,000,000 shares.

Explanation:

The authorized shares are not affected by movements in the shares, like issue of shares, repurchase, and resale of treasury stock shares.  The authorized shares, therefore, represent the number of shares that the company is legally bound to issue without exceeding.  The implication is that the company is free to issue shares less than or equal to the authorized shares, but it may not issue more than the authorized until it obtains a new authorization.

The movements are accounted for in separate accounts called Issued Common Stock Account and Treasury Stock Account.  The treasury stock account is a contra account to the Common Stock.

3 0
3 years ago
Turner, a successful executive, is negotiating a compensation plan with his potential employer. The employer has offered to pay
zzz [600]

Answer:

b. If the employer accepts Turner's counteroffer, Turner will recognize as gross income $55,000 per month [($480,000 + $180,000)/12].

Explanation:

Given that

Turner annual salary = $600,000

Counteroffer to received a monthly salary = $40,000 or $480,000 annually

And, $180,000 bonus in 5 years at the age of 65

So the benefit he will be getting would be after accepting the counter offer is

= ($480,000 + $180,000) ÷ 12 months

= $660,000  ÷ 12 months

= $55,000

6 0
3 years ago
Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one m
harina [27]

Answer:

Productivity in sales revenue/labor expense = 4.01

Explanation:

We know,

<u>Productivity = Sales Revenue ÷ Labor Expense</u>

Again, we know

Sales revenue = Total number of units sold × Sales price per unit

Given,

units sold = 1,214

Sales price per unit = $1,697

Putting the values in the formula,

<em>Sales revenue = 1,214 × $1,697 = $2,060,158</em>

Labor Expense = Total labor hours × Wage rate per hour

Given,

Total labor hours = 46,675

Wage rate per hour = $11

Putting the values in the formula,

<em>Labor Expense = 46,675 hours × $11 = $513,425</em>

Therefore,

Productivity = $2,060,158 ÷ $513,425

Productivity = 4.01

8 0
4 years ago
The Dennis Company reported net income of $50,000 on sales of $300,000. The company has average total assets of $500,000 and ave
densk [106]

Answer:

C) 12.5%

Explanation:

The computation of the return on equity is shown below

Return on equity is

= net income ÷ equity

where,

equity is

= Total assets - total liabilities

= $500,000 - $100,000

= $400,000

Now the return on equity is

= $50,000 ÷ $400,000

= 12.50%

Hence, the return on equity is 12.50%

Therefore the corredct option is c.

7 0
3 years ago
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