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2 years ago

Revising for Conciseness - Rejecting Redundancies and PurgingEmpty Words

Business

1 answer:

zzz [600]2 years ago

5 0

Answer: A. 1) Adequate enough

2) Combined together

3) Big in size

4) Absolutely essential

b. 3) “That was unfinished”

Explanation:

A. Redundancies in phrases refer to the repetition of words with the same or similar meanings which gives off the impression of saying the same things twice. All the options listed are therefore redundancies.

By saying something is Adequate which means that it is sufficient for something one does not again need to include enough because it is the same as sufficient as well.

By also saying Combined, one has already inferred that something was brought together. Including together again is redundant because the together is already in the definition of combined.

Big in size is another redundancy because when a person describes something as Big, they are already referring to the size of the thing in question. Adding in size is therefore not needed.

Finally, the Absolutely in the phrase makes the phrase redundant. When something is said to be essential it means that it is absolutely needed or crucial. To say something is Absolutely Essentially is like saying something is an Essential Essential.

B. The Johnson report had already been said to contain incomplete data. To go on to say that the data is Unfinished is a redundancy because by saying that it is incomplete it means that the data is by definition Unfinished. Removing the “That was unfinished” bit fixes the sentence.

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Alpha Company has assets of $624,000, liabilities of $262,000, and equity of $362,000. It buys office equipment on credit for $8

Sphinxa [80]

Answer:

The effect is an increase in the balance of assets by $87,000 and a corresponding increase in the balance of liabilities.

Explanation:

The accounting equation shows the relationship between all the elements of the balance sheet. These are the assets, liabilities and owners equity. It is shown as

Assets = Liabilities + Equity

When a company buys an asset on account, the entries required are debit assets, credit accounts payable. This means that asset increases but so does liabilities balance.

Hence asset increases to

= $624,000 + $87,000

= $711,000

Liabilities also increases to

= $262,000 + $87,000

= $349,000

3 0

3 years ago

Peter Parker, CEO at Spdey Enterprises, finds his profits at $8,000,000 inadequate for his Web-Slinger business. His production

Lady bird [3.3K]

Answer:

Spdey Enterprises

The percentage improvement in Sales to achieve the desired profit is:

c. 42.86% increase in sales.

Explanation:

a) Data and Calculations:

Normal profit level = $8 million

Expected profit level = $14 million

Normal Expected

Sales per year $40,000,000 $57,142,857

Cost of purchases 16,000,000 22,857,143

Production costs 10,000,000 14,285,714

Variable costs 26,000,000 37,142,857

Total contribution $14,000,000 $20,000,000

Fixed costs 6,000,000 6,000,000

Profit level $8,000,000 $14,000,000

Expected Contribution = Expected profit level + Fixed Costs

Normal Contribution = 35% of Sales

Normal Variable costs = 65% (100% - 35%)

Expected Contribution = $20,000,000 = 35% of Sales

Therefore, Expected Sales = $57,142,857 ($20,000,000/35%)

Normal Sales = $40,000,000

Expected Sales = $57,142,857

Percentage increase = 42.86% ($57,142,857 - $40,000,000)/$40,000,000

4 0

3 years ago

HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Allisa [31]

I'd say fasle. many people now and days change jobs bc they arent what they thought it would be

4 0

3 years ago

Read 2 more answers

Recently, Epic Electronics borrowed $600,000 from Dinero Finance to secure financing for a planned expansion. Theloan agreement

ValentinkaMS [17]

Answer:

A. Recapitalization

Explanation:

From the option given, the right answer is recapitalization. It was mistakenly written as recospitalization

Collateral is a borrower's pledge of specific property to a lender, to secure repayment of a loan.

Collateral is an asset that a lender accepts as security for extending a loan. If the borrower defaults on her loan payments, the lender may seize the collateral and sell it to recoup some or all of his losses. Collateral can take the form of real estate or other kinds of assets, depending on what the loan is used for.

From the options given;

a) Recapitalization is a type of corporate reorganization involving substantial change in a company's capital structure.

b) A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.

C) Pledged collateral refers to assets that are used to secure a loan.

d) Minority business loans are a source of business funding offered exclusively to minority-owned businesses

From the explanations above, Epic Electronics borrowed $600,000 for expansion which means it's not a minor company if it could borrow that amount of money for expansion. The expansion will bring change in the company's capital structure and they will have to use RECAPITALIZATION as the title due to the purpose of the loan.

5 0

3 years ago

Read 2 more answers

Becky only eats out at Macaroni Grill, and she eats out three times per month. She receives a raise from $31,900 per year to $33

choli [55]

Answer:

Price elasticity of demand = 10.21

Explanation:

Given:

Old income (P0) = $31,900

New income (P1) = $33,500

Old Quantity (Q0) = 3 times

New Quantity (Q1) = 5 times

Computation of Price elasticity of demand :

Midpoint method:

Price elasticity of demand =

$\frac{\frac{Q1-Q0}{\frac{Q1+Q0}{2} } }{\frac{P1-P0}{\frac{P1+P0}{2} } } \\\frac{\frac{5-3}{\frac{5+3}{2} } }{\frac{33,500-31,900}{\frac{33,500+31,900}{2} } }\\\frac{\frac{2}{\frac{8}{2} } }{\frac{1600}{\frac{65400}{2} } }\\\frac{\frac{2}{4} }{\frac{1600}{32700} } }\\10.21$

Price elasticity of demand = 10.21

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3 years ago