1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Illusion [34]
3 years ago
15

What happens to each company’s net income if sales increase by 30%?

Business
1 answer:
vodka [1.7K]3 years ago
5 0
  <span>Increased Contribution Margin = $40,000 x 70%, or 28,000. 
New ad campaign costs $22,000, so the net Income increase will be the difference, $6,000</span>
You might be interested in
Everyone in the Tagi tribe agreed to vote out Gervasse at the next tribal council. Their 39-day project to make it to the final
Scilla [17]

Answer:

B) performing stage of group development.

Explanation:

The stages in group development are

  • forming.
  • storming.
  • norming.
  • performing.
  • adjourning.

In the forming stage, the project team members get to know each other and lay the basis for project and team ground rules.

In the storming stage, features the start of conflict as team members begin to resist authority and demonstrate hidden agenda.

In the norming stage, members agree on operating procedures and seek to work together.

In the the performing stage, finally committing to the project development process. Group members work to accomplish the project and display a level of competence.

In the adjourning stage, once their work is done, group is disband.

8 0
4 years ago
Suppose you have a winning lottery ticket and you are given the option of accepting $3,000,000 three years from now or taking th
Minchanka [31]

Answer:

The amount that will be received today is $2518857.85

Explanation:

To calculate the amount that will be received today, we need to discount the amount that will be received three years from now for a period of 3 years using the given discount rate. As there is only a single cash flow, we will use the formula for present value of principal.

The present value of principal is,

Present value = Cash flow / (1+d)^t

Where,

  • Cash flow is the amount for which we have to found the present value
  • d is the discount rate
  • t is the time in terms of number of periods
  • Here the t is in years and the number of periods is 3 years

Present value = 3000000 / (1+0.06)^3

Present value = 2518857.849 rounded off to $2518857.85

7 0
3 years ago
At year-end, ABC Company is completing its closing process. Use the following account balances to demonstrate the closing of the
allsm [11]

Answer:

  • Debit Retained Earnings $500.
  • Credit Dividends for $500.

Explanation:

Dividends are payments to shareholders as a means of sharing company profits to them.

As they are a means of sharing profits, they will be paid from the Retained Earnings account. As this is an Equity account, it should be debited when it is to be reduced so Retained Earnings will be debited by $500 which is the dividend amount.

The dividend account will be credited to indicate that this is a debt that needs to be paid to shareholders so the Dividends account will be credited by $500.

5 0
3 years ago
Which of the following is a non-price determinant of demand?
Norma-Jean [14]
Option C wearing straw hats become popular
6 0
3 years ago
Highlight four ways of improving productivity of labour as a factor of production​
UNO [17]

Answer:

Following are the four ways for improving the productivity of the labour is given below

Explanation:

  • If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
  • Increasing the skills by guiding the labor to the latest technology so they  know the latest or the current technology they will increase the productivity .
  • If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
  • Giving the incentive to labor at the particular interval of time we will increase the productivity.
3 0
3 years ago
Other questions:
  • A(n) ________ is represented by a rightward shift of the demand curve while a(n) ________ is represented by a movement along a g
    5·1 answer
  • When does information become a liability for an organization?
    5·1 answer
  • The tiny nation of Tinian is extremely efficient in the mining of tin. However, its climate and terrain makes it difficult to pr
    10·1 answer
  • In the absence of a hierarchy, what is the only formal organization of territory in islam?
    9·1 answer
  • In two to four complete sentences, identify and describe one source of stress in your life.
    15·2 answers
  • What is the name of the diagram that shows physical needs must be met befroe all other needs and wants?
    8·1 answer
  • Question 5 of 10
    6·1 answer
  • You have collected data on the number of U.S. households actively using online banking and/or online bill payment from 1995 to 2
    8·1 answer
  • Why did Guardbark want people to not disturb the trees?
    9·2 answers
  • The Fashion Shoe Company operates a chain of women’s shoe shops that carry many styles of shoes that are all sold at the same pr
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!