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daser333 [38]
3 years ago
8

______ can be defined as the general plan of action that describes resource allocation and other activities for dealing with the

environment and helping the organization attain its goals and achieve the vision.
Business
1 answer:
Mamont248 [21]3 years ago
5 0
Business can be defined
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Assume that Corn Co. sold 7,500 units of Product A and 2,500 units of Product B during the past year. The unit contribution marg
myrzilka [38]

Answer:

Break-even point (units)= 8,464 units

Explanation:

Giving the following information:

Assume that Corn Co. sold 7,500 units of Product A and 2,500 units of Product B during the past year. The unit contribution margins for Products A and B are $33 and $56, respectively. Corn has fixed costs of $328,000.

First, we need to calculate the proportion of sales:

Product A= 7,500/10,000= 0.75

Product B= 2,500/10,000= 0.25

Now, using the following formula, we can determine the break-even point in units:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 328,000/ (0.75*33 + 0.25*56)

Break-even point (units)=  328,000/38.75

Break-even point (units)= 8,464 units

8 0
3 years ago
Deep Water Mining added $411 to retained earnings last year on sales of $24,646. The administrative expenses were $4,370, deprec
ki77a [65]

Answer:

$18,290

Explanation:

The computation of the cost of goods sold is given below;

The profit after tax is

= Retained earnings + dividend

= $411 + $285

= $696

The profit before tax = $696 ÷ (1 - Tax rate)

= $696 ÷ (1 - 0.35)

= $1,071  

Now  

Sales = $24,646

Let us assume the Cost of goods sold be X

admin expenses = $4,370

Depreciation = $812

Interest = $103

Profit before tax = $1.071

Cost of goods sold (X) = $24,646  - $4,370 - $812 - $103 - $1,071

= $18,290

5 0
3 years ago
Congress would like to increase tax revenues by 10 percent. Assume that the average taxpayer in the United States earns $65,000
SSSSS [86.1K]

Answer: <em><u>16.5% is the average tax rate that will result in a 10 percent increase in tax revenues.</u></em>

Explanation:

This is an example of static forecasting since no time parameter is involved.

Now,

Let initial revenue be "R" ,

"n" be no. of taxpayer

∴ R= 65000×0.15×n

R +0.1R= 65000×rate×n

Using the above two equation, we'll get ;

<u><em>r = 16.5%</em></u>

7 0
3 years ago
The sales manager for Smith Exports is deciding on the firm's distribution strategy in several markets. He wants to know which f
NNADVOKAT [17]

Answer:

The correct answer is letter "C": entry of large discount superstores.

Explanation:

A channel length is composed of the number of middlemen in the distribution channel of a product. The more intermediaries between buyers and sellers the larger the channel length. Under that scenario, if there are more discount superstores in a market such as Walmart or Costco manufacturers can directly offer their goods to them so consumers can find them available in their stores. The channel length would be small, then.

5 0
3 years ago
Which of the following is an example of how the Principle of Beneficence can be applied to a study employing human subjects?A. P
AVprozaik [17]
<h3><u>Answer:</u></h3>

Determining that the study has a maximization of benefits and a minimization of risks is the best example of how the Principle of Beneficence can be applied to a study employing human subjects.

<h3><u>Explanation:</u></h3>

The principle of beneficence demands that the human subjects have self-determination. Also if some of the human subjects do not have the power to take decisions, the  investigators should make sure that the human subjects are not harmed. The  researchers should increase the chances of benefits and decrease the amount of risk.

The research studies which include human subjects, even those that have very little risk  should not be taken into consideration if it does not create scientifically valid or presents  us new facts. It is very confusing for the researchers to determine when the benefits  should be taken into consideration because of the risks and benefits should be sought  despite the risks.

7 0
3 years ago
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