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2 years ago

Your friend wants to open a clothing shop. A necessary capital resource is a (5 points)

Business

2 answers:

vivado [14]2 years ago

8 0

A place to open the shop because a capital resource is a good that is used to make other goods.

lianna [129]2 years ago

8 0

I believe the answer is: A place to open the shop

Capital resources would include all type of assets that are required for the company's main operation. This would cover things from the place of the operation (the shops) , the tools that is used for production, the machines that is used to increase efficiency, etc.

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In the old Merck compensation system, if the salary line formula is: control point = $1544 + $4.72*Hay point. How much will a mi

Alekssandra [29.7K]

Answer:

<u>A mid-level manager will get $5251.2 salary.</u>

Explanation:

Control Point = 1544 + 4.72 x Hay Point

=1544 + 4.72 x 600

= $ 4376 which is the mid-point of salary range in the market.

120% compa ratio means the actual salary given out is (120/100) times the market mid-point

Hence,

Actual Salary = ( 120 / 100 ) x 4376

= $ 5251.2

6 0

2 years ago

Moonbeam Company manufactures toasters. For the first 8 months of 2020, the company reported the following operating results whi

Lelu [443]

Answer:

Moonbeam Company

a) Incremental analysis for the special order:

Sales revenue ($7.87 * 20,800) = $163,696

Variable costs ($6.62 * 20,800) = (137,696)

Contribution margin = 26,000

Shipping costs (2,900)

Net income from special order = $23,100

b) Moonbeam should accept the special order. It generates some net income for covering the company's fixed cost and does not exceed the company's plant capacity. It only adds about 4% to the operating plant capacity.

Explanation:

a) Data and Calculations:

Total Variable Fixed

Sales (375,200 units) $4,378,000

Cost of goods sold 2,588,880 1,812,216 776,664

Gross profit 1,789,120

Operating expenses 839,510 671,608 167,902

Net income $949,610

Total costs $2,483,824 $944,566

Selling price = $11.67 ($4,378,000/375,200)

Variable costs per unit = $6.62 ($2,483,824/375,200)

Total plant capacity = 500,267 units (375,200/75%)

Increase in plant capacity = 396,000 (375,200 + 20,800)

6 0

2 years ago

A fully discrete whole life insurance policy paying $50,000 at the end of the year of death is issued to an individual age 36. T

DerKrebs [107]

Answer:

Our P = 17540 $

Explanation:

Amount of Insurance Policy = 50000$

premium reserve at 10th Year = 8000$

Net Premium for the policy = 900$

Annual Interest Rate = 6%

Net Premium at the age of 46 = ????

900 * 10 years = 9000$

9000 + Interest rate @ 6% = 9540$

Net Premium + Premium reserve of 10 Years = 9540 +8000 = 17540$

P = 17540 $

Note: As similar policy have interest rate @ 6%,which is paid every year,

At the age of 46, Net premium reserved amount also will be recovered.

6 0

2 years ago

Whether a business makes a profit or loss is determined by the difference between the total amount of money a business takes in,

elena55 [62]

Answer:

Revenue/Income; Expenses

Explanation:

Profit or Loss is determined as the difference between the revenue made by a business (also known as its income), and the expenses spent in the process of generating that revenue.

$Profit/Loss = Revenue - Expenses$

If the difference is positive, the outcome is a profit. If the difference is negative, the outcome is a loss.

5 0

2 years ago

As you start consuming potato chips, your marginal utility is very high, but begins to fall slowly until you've eaten 10 chips.

avanturin [10]

Answer:

The law of diminishing marginal utility.

Explanation:

Marginal utility is basically satisfaction derived from consuming an extra unit of product. According to the law of diminishing marginal utility as consumption increases the marginal utility derived from each additional unit decreases.

So when we consume 1 chips marginal utility is high, then as more is consumed we still get some positive utility out of it but at a decreasing rate now. At some point this utility equals zero after which it starts declining as more chips are consumed because it is not providing any satisfaction now. Therefore the chips should be consumed only up to the point where the marginal utility equal zero.

7 0

2 years ago