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4 years ago

Luther Corporation

Business

1 answer:

ankoles [38]4 years ago

4 0

Answer:

27.48%

Explanation:

Calculation for Luther's operating margin for the year ending December 31, 2005

Using this formula

Operating margin = Operating income / Sales

Let plug in the formula

Operating margin= 159.1/578.8

Operating margin=0.2748*100

Operating margin=27.48%

Therefore Luther's operating margin for the year ending December 31, 2005 is 27.48%

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When experiences are insufficient and the risk of making a wrong decision i high, a consumer is more likely to use _____________

Aleksandr-060686 [28]

CORRECT ANSWER:

An external search.

STEP-BY-STEP EXPLANATION:

Where past experience or expertise is inadequate, there is a high risk of making a wrong buying decision and a low cost of gathering information. We have 3 primary sources.

The primary sources of external information are

1-personal sources

2-public sources

3- marketer-dominated sources

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3 years ago

Read 2 more answers

On January 1, Year 1, the Accounts Receivable balance was $29,700 and the balance in the Allowance for Doubtful Accounts was $3,

joja [24]

Answer:

C $26,200

Explanation:

Allowance for Doubtful Accounts is an contra account receivables account. It is adjusted in the account receivable balance to show the net receivable on the balance sheet. The write off entry is made to transfer deduct the balance of account receivable which is now uncollectible from the customers.

As per given date

January 1, year 1

Account receivable = $29,700

Allowance for Doubtful Accounts = $3,500

On January 15, Year 1 a write off is made as follow

Dr. Allowance for Doubtful Accounts $1,030

Cr. Account receivable $1,030

These balance are deducted from the account receivable balance and Allowance for Doubtful Accounts balance.

Account receivable = $29,700 - $1,030 = $28,670

Allowance for Doubtful Accounts = $3,500 - $1,030 = $2,470

Realizable Value of Account receivable = $28,670 - $2,470 = $26,200

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3 years ago

The part of consumption spending that is independent of disposable income is called?

Tcecarenko [31]

The part of consumption spending that is independent of disposable income is called <u>Autonomous consumption</u>.

The costs that customers must incur even when they have no extra money are referred to as autonomous consumption. No matter how much money or income a customer has available at any particular moment, some things must be bought.

<h3><u>What does autonomous consumption look like?</u></h3>

Autonomous consumption occurs when you purchase food so you can feed yourself. Not wants—these are fundamental requirements. You might not have enough money to pay for these things, in which case you can use a credit card or money from your savings to make the purchase.

To Learn more about <u>Autonomous consumption</u>, click the links.

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1 year ago

If a society moves from a period of time with significant unemployment to a time with full employment, its production possibilit

yawa3891 [41]

Answer:

Explanation:

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.

The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources

Points inside the production possibilities curve means that the nations resources are not being fully utilised

Factors that cause the PPF to shift

1. changes in technology.

2. changes in available resources.

3. changes in the labour force.

Due to the significant unemployment , production would occur at a point inside the curve. When the firm moves to full employment, production would take place on the curve

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3 years ago

The upper management of Barcelona Restaurant Group believes that success depends on employees who are self-starters and empowere

Sonja [21]

Answer:

Constructive Conflict and Coordination

Explanation:

The Mary Parker Folett's Principle of Constructive Conflict and Coordination is a based on the belief that there are benefits in conflicts only when dealt with constructively. Conflict is described as the difference of interests and opinions and the appearance of same.

The Constructive Conflict Coordination principle advocates the school of thought that employees should be allowed to be self starters whose conflicting situations are treated constructively. Furthermore, management should basically serve as a tool for coordinating activities and actions rather than controlling and demanding adherence.

This traits allow the employees to willingly do their jobs and also develop a high level of confidence at thier jobs as well.

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3 years ago