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3 years ago

Prices tell entrepreneurs which areas of the economy they may profitably expand into

1 answer:

3 0

<span>True. Areas that have prices that are either too low or too high to meet a hypothetical profit level will show the entrepreneur that it isn't feasible to go into a certain location with their business. They may find that it would require too much time or would lead to too much instability.</span>

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Lonny (37) is a U.S. citizen. He was married at the beginning of the current tax year. His wife lived in the household until Sep

Ivenika [448]

Answer:

Head of household

Explanation:

Lonny's most advantageous filing status is the Head of Household. In order to use this filing status, it is mandated for the taxpayer to be either unmarried or considered unmarried by the year end. The taxpayer must also have paid over 50 percent of the cost of catering for a home for the year in view (either his personal home or the that of a qualifying parent)

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3 years ago

Rent-a-Furniture Center is offering a living room set that retails for $799 for $25 per week for 1 year. What is the percent mar

solniwko [45]

Answer:

62.70%

Explanation:

The markup value is found by calculating the gross profit and dividing it by its price. The retail price for the Rent-a-Furniture Center is $799 and the selling is $25 per week.

There are 52 weeks in a year, therefore, with this payment plan of $25/week, the total amount in one year is (52* 25) = $1300. Gross profit is (1300- 799) = $501. The markup value is (501/799) = 62.7033%

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3 years ago

To ensure efficient, clear, communication, the national incident management system characteristics recommend the use of:

Flauer [41]

management system characteristics recommend the use of:

Technical language

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3 years ago

Read 2 more answers

Autoliv produces air bag systems that it sells to automobile manufacturers throughout the world. Assume the company has a capaci

gogolik [260]

Answer: See explanation

Explanation:

a. The variable cost per unit will be:

= (3,825,000 - 3,680,000) / (45million - 40 million)

= 0.029

Then, the financial order of accepting the order will be:

Contribution margin = Unit selling price - Unit

= 65 - 29

= 36

Since the size of the order is 100,000, the financial impact of accepting the order will be:

= 36 × 100,000

= 3,600,000

b. The differential analysis will be:

Contribution from special order = 3,600,000

Opportunity cost {100,000 = 120,000,000 - 29,000,000 = 9,100,000

Net disadvantage of accepting order will then be:

= 3600000 - 9100000

= 5,500,000

5 0

3 years ago

A company earned $7,605 in net income for October. Its net sales for October were $19,500. Its profit margin is:

vivado [14]

Answer: 39%

Explanation:

From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.

To calculate its profit margin, we have to divide the net income by the net sales. This will be:

= 7605/19500

= 0.39

= 39%

3 0

3 years ago