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AlekseyPX
3 years ago
5

Which of the following is the correct formula for profit?

Business
1 answer:
Lisa [10]3 years ago
3 0

Answer:

(Sales volume * Price) – (Variable costs + Fixed costs)

Explanation:

Profit is equal to Total sales less Total costs .

Here, Total costs is the addition of Variable and Fixed costs

(Sales Volume x Price) - (Variable Costs + Fixed Costs).

You might be interested in
Colliers, Inc., has 100,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount o
rodikova [14]

Answer:

Preference dividend = $2 x 100,000 shares x 2 years

Preference dividend = $400,000

The dividend paid to common stockholders = $600,000 - $400,000

                                                                         = $200,000

Explanation:

Dividends paid on preference shares are cumulative in nature because preference shares are fixed income securities. The dividends not paid last year would be paid this year. This is the rationale behind the multiplication of preference dividend by 2 years.

The dividend paid to common stockholders is the difference between the total dividend and dividend paid to preferred stockholders.

8 0
3 years ago
Roll over each phrase to see various actions that ensure fair communications. Then drag the actions to the most appropriate cate
marta [7]

Answer / Explanation:

Access: Real motives, Asking customers, Providing data, allowing expression

Impacts: Thinking about your idea, thinking of the community

Fact: Checking your report, Avoiding exaggeration

Respect: Valuing others opinions, choosing words carefully.

Now to be able to fully comprehend the aforementioned above, let us define a couple of them.

Access: This simply refers to being able to get approval to what is needed

Impact: This refers to or can be likened to the action of an object coming forcibly into contact with another external object.

Fact: This can be likened to a process that has been tested and proven to be an established principle.

Respect: This can be referred to as the feeling of admiration for an individual or group of people due to their perceived abilities or level of achievement.

With the brief definition of this terms, i hope you find it logical why the action were dragged to the perceived most appropriate category.

5 0
3 years ago
Benning Manufacturing Company is negotiating with a customer for the lease of a large machine manufactured by Benning. The machi
romanna [79]

Answer:

beginning inmediately:  $ 140,095.127

after a year:                    $ 152,703.688

with a salvage value:     $ 148,227.912

Explanation:

We need to find the PMT of 980,000 dollars being ordinary annuity or annuity-due discounted at 9%

Annuity-due:

PV \div \frac{1-(1+r)^{-time} }{rate}(1+r) = C\\

PV  $980,000.00

time 10

rate 0.09

980000 \div \frac{1-(1+0.09)^{-10} }{0.09} (1.09)= C\\

C  $ 140,095.127

Annuity:

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $980,000.00

time 10

rate 0.09

980000 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\

C  $ 152,703.688

If there is a salvage value, we discounted from the lease value:

980,000 - present value of salvage value:

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  $68,000.0000

time   10.00

rate  0.09

\frac{68000}{(1 + 0.09)^{10} } = PV  

PV   28,723.93

980,000 - 28,724 = 951,276

<u>Now we calculate the PMT:</u>

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $951,276.00

time 10

rate 0.09

951276 \div \frac{1-(1+0.09)^{-10} }{0.09} = C\\

C  $ 148,227.912

8 0
3 years ago
Although a business has had record sales it is having a hard time paying the bills each month. As a manager you are uncertain wh
Svetradugi [14.3K]

Answer:

Income statements and or Cash flow statements.

Explanation:

Income statement and Cash flow statements are required.

Income Statement will give us insight about our costs as we maybe recording sales but if the costs and expenses are too high we are unlikely to be making enough gross profits to be able to pay bills.

Cash flow statements are required as sales may be credit and thus reducing working capital for the company, although they may be making profits but if the debts are uncollected they are unlikely to have cash available to be able to make payments.

Hope that helps.

3 0
3 years ago
According to Herman, one of the differences of managing a nonprofit versus a for-profit corporation is
marusya05 [52]
Managing because it's non profit
4 0
4 years ago
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