Gross Domestic Product is calculated by

An entrepreneur can best build social capital by:

Brrunno [24]

An entrepreneur can best build social capital by using reciprocation..

Explanation:

An entrepreneur is a person who own his own business and takes risks. He is responsible in getting profits and bearing losses associated with the business he started. He can attain capital for starting business in many ways like taking loans or investing his money in smaller scale business. He can also raise funds by buying shares, etc.

An entrepreneur can use of reciprocation for the purpose of building social capital. Reciprocation refers to the relationship between give and take.The entrepreneur can undergo activities like building trusts with the customers and can be involved in doing volunteer activities.

5 0

4 years ago

For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions):Sales $38,800Food and pac

Julli [10]

Answer:

a. The Company's contribution margin is $10,476 millions

b. The Company's contribution margin ratio is 27%

c. The Income from operations will increase $621 millions

Explanation:

In order to calculate Wicker Company's contribution margin we have to use the following formula:

contribution margin=Sales- Variable costs

Sales=$38,800 millions

Variable costs=Food and packaging+Payroll+40%General, selling, and administrative expenses

Hence, Variable costs=$16,284+$9,800+40%($5,600)=$28,324 millions

a. Therefore, contribution margin=$38,800-$28,324=$10,476 millions

In order to calculate the contribution margin ratio we would have to use the following formula:

contribution margin ratio=contribution margin × 100

Sales

contribution margin ratio=$10,476 × 100

$38,800 millions

b. contribution margin ratio=27%

In order to calculate how much would income from operations increase if same-store sales increased by $2,300 million for the coming year, with no change in the contribution margin ratio or fixed costs, we have to make the followinf calculation:

$2,300 million×0.27=$621 millions

c. Income from operations will increase $621 millions

5 0

4 years ago

Chae Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the firs

liberstina [14]

Answer:

44

Explanation:

Opening units 710

Started 8200

8910

Transffered -7650

Closing 1260

Cost Table

Cost opening current total complete WIP Equivelant cost

Head cost cost cost units units prod. units per unit

Material 8,000 138,000 146,000 7,650 1,134 8,784 16.6211

C C 7,000 324,000 331,000 7,650 882 8,532 38.7951 55.4163

5 0

3 years ago

What is the meaning of gpp in poultry industry

zloy xaker [14]

Answer:

five year ghana poultry program

Explanation:

8 0

3 years ago

Read 2 more answers

An outside supplier offers to provide Epsilon with all the units it needs at $64.50 per unit. If Epsilon buys from the supplier,

Harman [31]

Answer:

See below

Explanation:

The above is an incomplete question. However, the beginning part from similar question is

Epsilon co. Can produce a unit of product for the following costs. Direct material Direct labor overhead total cost per unit

$8.20 $24.20 $41 $73.40

Calculation to determine what Epsilon should choose

Relevant costs to make = $8.2 + $24.20 + [$41 × (100% - 40%)]

Relevant costs to make = $8.2 + $24.20 + ($41 × 60%)

Relevant costs to make = $8.2 + $24.20 + $24.6

Relevant costs to make = $57

Therefore, Epsilon should choose to:

Make since the relevant cost to make it is $57

5 0

3 years ago