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KatRina [158]
3 years ago
5

Reiko started a business selling home medical supplies. She spent $5200 to obtain her merchandise, and it costs her $550 per wee

k for general expenses. She earns $900 per week in sales. What is the minimum number of weeks it will take for Reiko to make a profit?
Business
1 answer:
ratelena [41]3 years ago
7 0

Answer:

it will take around 15 weeks to for Reiko to make a profit

Explanation:

Given:

Amount spent to obtain merchandise = $5,200

Cost of general expenses = $550

Earnings from sales per week = $900

Now,

Let 'x' be the number of weeks taken to make profit

thus,

Total cost involved = $5,200 + ( $550 × x )

Total profit from sales = $900 × x

for making profit

$900 × x ≥ $5,200 + ( $550 × x )

or

350x ≥ 5,200

or

x ≥ 14.85 weeks

thus,

it will take around 15 weeks to for Reiko to make a profit

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Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
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Answer:

$5625.60

Explanation:

number of units produced =50 units

direct labour hours 100

direct materials $ 680

Direct labor cost $ 7,000

The unit product cost for Job P951 is;

Direct materials = $ 680

Direct labor cost $ 7,000

variable manufacturing overheads $ 6.00*100=600

total fixed manufacturing overheads= $ 273,000

total costs=$(680+7000+600+273000)=$281,280

unit product cost=$28,1280/50

=$5625.60

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Martin is comparing the characteristics of his company's water filters with those that are already being marketed in the local m
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Answer:

A) relative advantage

Explanation:

A product's relative advantage over its competitors means the aspects at which one good or service is perceived as better or superior to other competing products. This concept is similar to comparative advantage, but from the consumer point of view. Consumers will value one product more because of its relative advantages over its competitors.

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What gender bias do you know of in media?
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3 years ago
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When there few close substitutes available for a​ good, demand tends to be
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4 years ago
Exercise 13-17 Swifty Company has been operating for several years, and on December 31, 2017, presented the following balance sh
mixer [17]

Answer:

(a) Current ratio = 2.746

(b) Acid-test ratio = 1.423

(c) Debt to assets ratio = 47.48%  

(d) Return on assets = 6.15%

Explanation:

For Balance Sheet, pleased see attached file.

Current Ratio = Current Asset / Current Liabilities

Current Ratio = 212,800 / 77,500

Current Ratio = 2.746

Acid-Test Ratio = (Current Assets – Inventories) / Current Liabilities

Acid-Test Ratio = (212,800 – 102,500) / 77,500

Acid-Test Ratio = 1.423

Debt to Asset ratio = (Total Liabilities / Total Assets)*100

Debt to Asset ratio = (205,500 / 432,800)*100

Debt to Asset ratio = 47.48%

ROA = (Net Income / Total Assets)*100

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The Current Ratio is a liquidity measure that shows the ratio between current asset and current liabilities. It tells how many dollars of the current asset are per dollar of current debts, that gives an idea of the company`s ability to perform its debts.    

The Quick Ratio is also a liquidity indicator, but using its most liquid assets, to pay its current liabilities at maturity. The inventory, although it is a current asset, is not considered, since it cannot be converted into cash in a very short term.

The difference between the Quick Ratio and the Current Ratio, implies that while both are measures of the company's ability to pay its debts, the quick ratio also tells how much the company depends on its inventory to get that objective.

The Debt to Assets ratio is a financial ratio that shows how much of a company assets is owed to its creditors.  

ROA is a financial indicator that gives an idea as to how efficient a company's management is at using its assets to generate earnings, by determining how profitable a company is relative to its total assets.

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4 years ago
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