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Ghella [55]
3 years ago
5

Don purchases a car from Downtown Motors. Downtown Motors had purchased the car from Cindy

Business
1 answer:
vova2212 [387]3 years ago
3 0

Answer: Norman has a good title to the car

Explanation:

Norman is the original owner of the car, the car was stolen from him, every other person only has a stolen car.

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A period of macroeconomic expansion followed by a period of macroeconomic contraction is called A. the business cycle. B. an eco
DanielleElmas [232]

Answer:

A. The business cycle

Explanation:

A period of macroeconomic expansion followed by a period of macroeconomic contraction is known as a business cycle. Like the name suggests, a business cycle is a cycle of highs and lows in economic activities.

There are periods of expansion which is often characterized by economic growth, leading to creation of more jobs, robust middle class etc and contraction which is characterized by loss of jobs, shrinking middle class etc in a business cycle.

Other periods of a business cycle may include peak, trough etc.

7 0
3 years ago
Why would having information be a requirement for a purely competitive market?
dusya [7]

Answer:

To no the prices of goods and service and to buy stuff at low prices.

Explanation:

A purely competitive market is a situation where multiplier sellers have homogeneous products. The availability of the information is very important in a purely competitive market in order to decide how many sellers are selling the same product and from where an individual can buy products at low prices. Availability of information means, no seller can earn abnormal profits.

6 0
3 years ago
Compensation for top executives (e.g., CEOs and CFOs) has become more variable over time. For example, recent data show that in
Luba_88 [7]

Answer:

Because :- CEOs & CFOs can have significant impacts throughout the entire business, & the type of reward plan will encourage the CFOs to work in a more rational manner.

Explanation:

CEOs & CFOs are a part of upper level of management of an organisation. Effectiveness & Efficiency of their managerial skills is very crucial to management of company. So, to encourage proper management of companies by senior managers, they can be incentivised by mix of fixed & variable salary structure. The variable component of salary as per company performance under CEO or CFO, positively motivates them to improvise their performance, which subsequently improves company performance.

3 0
3 years ago
Using the glossary will not help a reader develop better reading strategies true or false
Sidana [21]

When a reader uses their resources within the book to understand the book and how it is constructed, it helpes the reader develop better reading strategies. Using the glossary lets the reader identify and find information at a quicker rate which in turn, helps develop better reading strategies. Therefor, the answer is false, because the reader does develop better reading strategies when they use the glossary.

6 0
3 years ago
Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its mo
Arisa [49]

Answer:

Wingate Company

1. A Contribution Format Income Statement for divisions:

2a. Increase monthly advertising for the West Division by $28,000 to increase its sales by 12%

                                    East          Central        West          Total

Sales                   $412,000  $670,000   $520,000 $1,602,000

Variable exp.         181,280     207,700      166,400      555,380

Contribution

          margin    $230,720    462,300    353,600    1,046,620

Fixed expenses  290,000    332,000     191,000       813,000

Non-Traceable

    Fixed Expenses                                                       338,000

Net operating Income

  (loss)               ($59,280)  $130,300  $162,600   ($104,380)

2b. How much Company's Net Operating Income Increase (Decrease) with the implementation of the above Proposal:

Net operating income before advert = $162,600

Division's net operating income after advert = $160,366

Therefore, the company's net operating loss will increase by $2,234

Explanation:

a) Wingate Company's recent monthly contribution format Income Statement:

Sales                                    $ 1,602,000

Variable expenses                    555,380

Contribution margin               1,046,620

Fixed expenses                        1,151,000

Net operating income (loss) $ (104,380)

b) Division West's Income Statement:

Sales                                 $582,400 ($520,000 x 1.12)

Variable expenses             203,034  ($181,280 x 1.12)

Contribution margin        $379,366

Fixed Expenses                 219,000 ($191,000 + 28,000)

Net Operating Income    $160,366

c) If sales value increases by 12%, the variable expenses will increase proportionately, unless there is an increase in the price, which will ultimately reduce demand, further depressing the sales value.  This is why it is called Variable Cost.  Therefore, a different result will be obtainable if the variable expenses are held constant, contrary to its behavior.

4 0
3 years ago
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