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4 years ago

In order to prepare a contribution format income statement, costs must be separated into: Multiple Choice

Business

1 answer:

scoray [572]4 years ago

4 0

Answer:

variable and fixed costs.

Explanation:

The format of the contribution margin income statement is presented below:

Sales XXXXX

Less: Variable cost (XXXXX)

Contribution margin XXXXX

Less: Fixed cost (XXXXX)

Net income or loss XXXXX

Based on this we can concluded that the contribution margin income statement classified into two cost i.e variable and fixed cost

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Creighton Bicycles and Repair conducted a survey and discovered that among customers who had tried both bike shops, its successf

Effectus [21]

Answer:

Creighton Bicycles and Repair

This information would be most helpful to introduce to employees during Unfreezing stage of Lewin's change model.

Explanation:

The unfreezing stage is the best time to introduce information that challenges the status quo because it will help to prepare Creighton Bicycles and Repair employees to accept that change is inevitable. Creighton Bicycles and Repair should not be satisfied with 75% when it can attain 100% preference for its cross-town competition and other measurable indices. The unfreezing stage convinces organization people that things must change. This information cannot be introduced during the change stage or the refreezing stage.

5 0

3 years ago

Last year, 46% of business owners gave a holiday gift to their employees. A

Liono4ka [1.6K]

Answer:

a. 15

b. Since is a left tailed test the p value would be:

p_v =P(Z<-3.263)= 0.000551

Explanation:

a. 25% of 60 businesses surveyed=

25/100 x 60= 15

b. See attached image for solution

7 0

3 years ago

Which of the following is correct? Group of answer choices Economists study the management of scarce resources. Because economis

9966 [12]

Answer:

Because economists believe that people pursue their best interests

Explanation:

The word economy is derived from the Greek word meaning household and which is an area of production and distribution The role of an economist is to analysis and monitor trends and develop forecasts analysis data and develop economic policies.

As they give certain predictions or estimates of the economy by reflecting on the economic activities that are performed by the people as assuming tat the man behaves rationally.

3 0

3 years ago

Donnie's Donuts incurs $450,000 per year in explicit costs and $200,000 in implicit costs. The bakery earns $800,000 in revenues

marshall27 [118]

Answer:

$150,000

Explanation:

Given that

Total revenue = $800,000

Explicit cost = $450,000

Implicit cost = $200,000

The computation of the accounting profit is as shown below :-

= Total revenue - Total cost

= $800,000 - $650,000

= $150,000

Total cost = Explicit cost -Implicit cost

= $450,000 + $200,000

= $650,000

Therefore for calculating the accounting profit we simply deduct the total cost from total revenue.

5 0

3 years ago

15 points) Assume the following information regarding U.S. and European annualized interest rates: Currency Lending Rate Borrowi

Masja [62]

Answer:

The Trainor Bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days is $5,79,845

Explanation:

Bank Z borrow = €20 million

Spot rate 1€ = $1.13

Convert € in to $

€20 million *1.13 = $22.60 million

Lend $2,26,00,000 at interest rate of 6.73% for 90 days ( Assume total number of days in a year is 360)

= $2,26,00,000 + $2,26,00,000*(90/360)*6.73%

= $2,29,80,245

We need to find the euro to be repaid = €2,00,00,000 + €2,00,00,000*7.28%*(90/360)

= €2,03,64,000

To be repaid in $:-

€2,03,64,000*1.10 = $2,24,00,400

Profit from speculating in $ = $2,29,80,245 - $2,24,00,400

= $5,79,845

Therefore, The Trainor Bank's dollar profit from speculating if the spot rate of the euro is in fact $1.10 in 90 days is $5,79,845

5 0

3 years ago