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3 years ago

Bed & Bath, a retailing company, has two departments: Hardware and Linens.

Business

1 answer:

LUCKY_DIMON [66]3 years ago

3 0

Answer:

Net Operating Income will decrease by $503,080.

Explanation:

Sales of Hardware after 12% decrease will be $3,100,000 * 88% (100 - 12) = $2,728,000

Variable Expenses of Hardware after 12% decrease 891,000 * 88% (100 - 12) = $784,080

Net Operating Income of Hardware after 12% decrease = $623,920

The sunk cost for Linens fixed cost will be deducted to find the total of net operating income

$623,920 - $375,000 = $248,920

$248,920 is the net operating income after dropping Linens

The increase or decrease is calculated by finding the difference between current and old total net operating income

$248,920 - $752,000 = $503,080

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TiliK225 [7]

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Hence the correct answer is Strike

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3 years ago

If your business operates in more than one state or in a large area, it's a good idea to register the trademark with what organi

mars1129 [50]

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3 years ago

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If the best surgeon in town is also the best at cleaning swimming pools, then according to the theory of comparative advantage,

tamaranim1 [39]

Answer:

tspecialize in being a surgeon because its opportunity cost is lower

Explanation:

A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people.

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

What the surgeon would give up to pratice as a surgeon would be lower compared than if he decided to specialise in cleaning pools

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3 years ago

What is the correct order that the four parts of a cover letter should appear in? a. Introduction, Heading, Argument, Closing b.

NemiM [27]

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2 years ago

ease answer the question below based on the closing spot and the July futures contract prices for euros for four consecutive day

kherson [118]

Answer:

If a person sold euro futures on 3/01 then he/she will post a profit on 3/02 :

Explanation:

Date 3/01 3/02 3/03 3/04

Euro Spot Price $1.1585 $1.1589 $1.1584 $1.1593

July euro Futures Contract Price $1.1850 $1.1812 $1.1823 $1.1820

On March 1, the price of the euro futures contract was $1.1850 per euro, which means that a €1,000 contract is worth $1,185.50. On March 2, the euro futures contract was worth less, only $1.1812 per euro, that means that a €1,000 contract is worth $1,181.20. So you could have earned $1,185.50 - $1,181.20 = $4.30 per contract. It doesn't seem much, but it represents a 0.36% gain in one day.

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3 years ago