The law that says you must submit to a test for the presence of alcohol or drugs is known as the __________

You have been hired as the new controller for the Ralston Company. Shortly after joining the company in 2018, you discover the f

miv72 [106K]

Answer

The answer and procedures of the exercise are attached in the following image.

Explanation

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.

6 0

3 years ago

URGENT!! ECONOMICS

zysi [14]

Answer:

Evaluating economic performance means measuring how well the economy has one.

The purpose for appraising or measuring economic performance is because one cannot manage what one cannot measure.

Explanation:

Some of the metrics for measuring economic performance are:

GDP/Capita
Inflation Rate
Rate of Unemployment
External Reserves
Real disposable incomes
Human development index

All of these factors can be influenced using either Fiscal of Monetary tools and government policies.

The extent to which each tool is deployed depends on the result from the performance evaluation.

Cheers!

6 0

3 years ago

Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $80 per unit. Variable expenses are $40.00 per

Blizzard [7]

Answer:

a. Degree of operating leverage is 1.23; and Percentage increase in net income is 23.37%.

b. Therefore, this year's net operating income would be $636,000 if the sales manager's ideas are implemented.

Explanation:

a. Assume the president expects this year's sales to increase by 19%. Using the degree of operating leverage from last year, what percentage increase in net operating income will the company realize this year?

The degree of operating leverage (DOL) refers to a metric used to gauge the amount by which the operating income of a firm will change as a result of a change in its sales. DOL can be calculated as follows:

Degree of operating leverage = contribution margin / net income = 960,000 / 780,000 = 1.23

From the DOL, the percentage increase in net income can can be determined as follows:

Percentage increase in net income = Degree of operating leverage * Expected percentage increase in net income = 1.23 * 19% = 23.37%

b. If the sales manager is right, what would be this year's net operating income if his ideas are implemented?

Note: This required part b is not complete. The complete requirement is therefore presented as follows:

The sales manager is convinced that a 13% reduction in the selling price, combined with a $72,000 increase in advertising, would increase this year's unit sales by 25%. If the sales manager is right, what would be this year's net operating income if his ideas are implemented?

The answer to par b is now provided as follows:

Initial sales in unit = Initial sales / Initial selling price = $1,920,000 / $80 = 24,000 units

This year's sales in unit = Initial sales in unit * (100% + percentage increase in sales) = 24,000 * 125% = 30,000 units

This year's sales = This year's sales in unit * [Old selling price * (100% - expected percentage fall in selling price)] = 30,000 * [$80 * (100% - 13%)] = $2,088,000

This year's operating income can now be determined as follows:

Feather Friends, Inc.

Income Statement (Variable Costing)

For this year

Particulars Amount ($)

Sales 2,088,000

Variable expense (30,000 * $40) (1,200,000)

Contribution margin 888,000

Fixed expense (180,000 + 72,000) (252,000)

Net operating income  636,000 

Therefore, this year's net operating income would be $636,000 if the sales manager's ideas are implemented.

5 0

3 years ago

Jake Entertainment Corporation has three segments with revenue, operating income, and depreciation and amortization information

frosja888 [35]

Answer:

Video Games = 35%

Explanation:

As for the provided information, we have:

Operating Income given is exclusive of Depreciation and amortization as operating income do not include so:

Therefore:

EBITDA as percentage of Revenue shall be :

$= \frac{Operating\ Income}{Total\ Revenue} \times 100$

For each segment the calculation shall be:

Film = $\frac{1,500}{5,000}\times 100$ = 30%

Theme Park = $\frac{320}{1,000} \times 100$ = 32%

Video Game = $\frac{175}{500} \times 100$ = 35%

Since the highest percentage is that of video games, it is the most productive.

The options provided do not relate to this question.

8 0

3 years ago

In designing a tax system, policymakers have two objectives that are often conflicting. They are a. maximizing revenue and minim

mariarad [96]

Answer:

C. Efficiency and equity.

Explanation:

In designing a tax system, their are many factors that can easily stand out to be hindrances seen to be present; here it could be the policymakers, law enforcement agencies, the financial institutes etc. But in the case above, the main focus is seen to be on the policymakers.

Here, there are to main objectives that are seen and observed according to research to be the two main factors that are conflicting between policymakers which are their efficiency and also their equity. Therefore, to easily set the public and private investment, government taps tax revenues.

7 0

3 years ago

The law that says you must submit to a test for the presence of alcohol or drugs is known as the ___________ law.