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3 years ago

Cutting costs is the best way to maximize profitability. a. True b. False

1 answer:

wel3 years ago

4 0

The answer is false. There are a lot of ways and best methods of maximizing profitability but cutting cost is not the best method because it will likely minimize the profit because the cost are being cut down. That is why the answer would likely be false because it is not the best method.

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You are planning to make monthly deposits of $70 into a retirement account that pays 12 percent interest compounded monthly. If

Brums [2.3K]

Answer:

FV= $115,928.81

Explanation:

Giving the following information:

Monthly deposit= $70

Interest rate= 0.12/12= 0.01

n= 24*12= 288

To calculate the future value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {70*[(1.01^288) - 1]} / 0.01

FV= $115,928.81

6 0

3 years ago

This document shows that you are allowed to work in the United States:

Stolb23 [73]

Answer:

d. work permit

Explanation:

The work permit is also referred to as the Employment Authorization Document or EAD. A work permit has the same design as a driver's license. It is issued by US Citizenship and Immigration Services (USCIS).

Foreigners coming into the US need to obtain a work permit to enable them to seek employment. The work permit card is presented to potential employers as proof that a person is duly authorized to work in the USA.

7 0

3 years ago

Read 2 more answers

What identifies the pattern used for each data series in a chart

goldenfox [79]

a legend identifies the pattern

8 0

3 years ago

Which eoc configuration aligns with the on-scene incident organization

ludmilkaskok [199]

Answer:

ICS or ICS-like EOC structure aligns with the on-scene incident organisation.

Explanation:

A Emergency operation centre focus (EOC) is a headquarters and control office in charge of completing the standards of crisis readiness and crisis the board, or calamity the executives capacities at a key level during a crisis, and guaranteeing the congruity of activity of an organization, political.

ICS is far reaching being used from law implementation to consistently business, as the essential objectives of clear correspondence, responsibility, and the productive utilization of assets are regular to the occurrence and crisis the board just as every day activities.

5 0

3 years ago

Read 2 more answers

Phionia Phelps has developed a gourmet cat food. Not only is this food eagerly eaten by the most finicky felines, but it is spec

pickupchik [31]

Answer:

Explanation:

Sales budget = $ 250 per case * 100 cases per batch * 6 batches per day * 20 days a month * 6 months

= $ 18,000,000

b. Production budget in units = 100 cases per batch * 6 batches per day * 20 days a month * 6 months

= 72,000 cases

Production budget including 10 percent inventories

= 72000 + 100*6*20*10%

= 73200 cases

c. Direct materials purchases budget in pounds including 5% inventories

Lamb = 5 pounds per case * (73200 cases + 100*6*20*5% cases )

= 369,000 pounds

Rice Lamb = 10 pounds per case * (73200 cases + 100*6*20*5% cases )

= 738,000 pounds

Salmon = 2 pounds per case * (73200 cases + 100*6*20*5% cases )

= 147,600 pounds

Vitamins = 1 pound per case * (73200 cases + 100*6*20*5% cases )

= 73,800 pounds

d. Direct materials purchases budget in dollars = 369000*15 + 738000*1.2 + 147600*24 + 73800*45

= $ 1,328,400

e. Manufacturing labor budget in dollars = 1 hours per batch * 6 batches per day * 20 days per month * 6 months * ($ 18 per hour for ingredient preparation + $ 24 per hour for cooking and canning ) * 2 workers

= $ 60,480

2. The business requires an investment of $ 1,328,400 + 60,480

= $ 1,388,880 over six months.

This translates to monthly investment of $ 231,480

Therefore $ 50,000 investment is too small to begin with.

8 0

3 years ago