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4 years ago

The contribution margin approach helps managers in short-term decision making because it ________

2 answers:

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The contribution approach is a presentation format used for calculation of the break-even point, which is the point of zero profit or loss. The contribution margin approach helps managers in short-term decision making because it reports costs and revenues at present value.

lana66690 [7]4 years ago

5 0

The contribution margin approach helps managers in short-tern decision making because it reports costs and revenues at their current value.

The contribution margin ratio/approach allows companies to determine their profits they can make from a product minus variable costs.

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What is the amount of profit Tumbleweed makes when both advertise? $ How much profit does Native Roots make when both advertise?

dimaraw [331]

Complete Question:

There are two plant nurseries in a small town. They are called Tumbleweed and Native Roots. If neither advertises, Tumbleweed makes $80,000 a month in profits and Native Roots makes $95,000. Advertising would cost each firm $20,000 a month. If only one firm advertises, that firm increases sales by $50,000 a month whereas the non-advertising firm loses out. If Tumbleweed doesn't advertise but Native Roots does, Tumbleweed loses $30.000 a month. If Native Roots doesn't advertise but Tumbleweed does, it loses $35,000 a month. If both advertise, they increase revenue by $15,000 each. Insofar as they grow their products from the ground, they don't have any increased costs when they have increased sales (that is, their marginal cost of production is $0). 7th attempt Part 1 (2 points) See Hint What is the amount of profit Tumbleweed makes when both advertise? $ How much profit does Native Roots make when both advertise? $ See Hint Part 2 (1 point) What outcome is predicted (that is, the Nash equilibrium) for these two firms, given the figures above? Choose one: • A. Both firms advertise. B. Tumbleweed advertises, but Native Roots doesn't. C. Native Roots advertises, but Tumbleweed doesn't. D. Neither firm advertises.

Answer:

Tumbleweed and Native Roots

Part 1:

a. The amount of profit that Tumbleweed makes when both advertise is:

= $95,000 ($80,000 + $15,000)

b. The amount of profit that Native Roots makes when both advertise is:

= $110,000 ($95,000 + $15,000)

Part 2:

The predicted outcome (that is, the Nash equilibrium) for these two firms, given the figures above is:

A. Both firms advertise.

Explanation:

a) Data and Calculations:

Tumbleweed Native Roots

Profits without advertisement $80,000 $95,000

Advertising cost per month 20,000 20,000

Loss without advertisement -30,000 -35,000

Gain with advertisement 50,000 50,000

Gain if both firms advertise 15,000 15,000

6 0

3 years ago

Property taxes and fines represent which of the following classes of nonexchange transactions for government units? Group of ans

zepelin [54]

Answer:

B. Imposed Non Exchange Transactions

Explanation:

A non exchange transaction is a form of transaction whereby a party or a group or an individual receives something of value without directly giving value back in exchange. In non exchange transactions, a party gives value to another without directly receiving approximate value in exchanges. Grants, taxes, special assessments, fines and so on are all parts of non exchange transactions. However, taxes and fines are imposed non exchange transactions because they are assessed and not derived from transactions.

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3 years ago

Zoe takes out a discounted loan for $1,200 at a simple interest rate of 6%, but only receives $1,020 into her bank account. What

I am Lyosha [343]

Answer: 35 months

Explanation:

Interest to be paid = 1,200 - 1,020

= $180

This means that;

180 = 1,020 * 0.06 * t

61.2t = 180

t = 2.94 years

In months

= 2.94 * 12

= 35.28

= 35 months

3 0

4 years ago

Based on the information provided, what ethical standards is Impossible Foods demonstrating with regard to its employees

SIZIF [17.4K]

The HR functions that Brian Miller should prioritize are : 1. Human Resource Planning - The first thing that Miller has to do is identify the workforce requirement then plan how he is going to hire new talent to the company

<h3>What is workforce requirement ?</h3>

A strong workforce necessitates that employees have the skills, experience, and credentials that employers require. Understanding these job requirements, how they are changing, and how they differ across localities is critical to the development of America's workforce.

Workforce assessment encompasses all of an organization's processes, systems, and tools for making accurate, reliable, and effective decisions about the jobs required to achieve business objectives, as well as the qualifications and performance expectations for the individuals who work in those jobs.

To know more about workforce requirement follow the link:

brainly.com/question/12831236

#SPJ4

7 0

2 years ago

Flyer Company has provided the following information prior to any year-end bad debt adjustment: Cash sales, $169,000 Credit sale

BARSIC [14]

Answer:

$5,750

Explanation:

The computation of the balance in the allowance for doubtful accounts after bad debt expense is shown below:

= Account receivable × estimated percentage - credit balance of Allowance for doubtful accounts

= $295,000 × 0.03 - $3,100

= $8,850 - $3,100

= $5,750

By deducting the credit balance from the estimated amount we can find out the balance in the allowance for doubtful accounts

4 0

3 years ago