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3 years ago

8

If the annual gross sales of the local ice cream shop total $82,649.00, and the net sales total $79,281.00, calculate the percen

tage of new sales?

1 answer:

Artemon [7]3 years ago

4 0

<span>The percentage of new sales is $3,368.00</span>

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Where is Nova City Islamabad located? Also is it under progress or has the development been completed?

elena55 [62]

Answer:

Nova City is a prime location in Islamabad

Explanation:

It is a few kilometers away from the New Islamabad International Airport. It is right next to CPEC Ring Road Interchange and is at the center of twin cities.

The project is not yet launched, but the development of the infrastructure has started that will attract the investors towards the project.

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3 years ago

It sputtered and squeaked and with a small hesitation followed by an abbreviated lunge, it was finally over: Ol’ Reliable, the c

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Answer:

1) total vehicle costs, including sales tax = 16125 +3% (483.75) + 66 (delivery/set up fees) = $16,674.75

2)down payment (or full amount if paying in cash) =

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3 years ago

In the budget constraint framework, when the price of a good rises and demand for the other good decreases, what can you say abo

nignag [31]

Answer:

The increase in demand of the product with the higher price or decrease in demand for the other goods is because the substitution effect is outweighed by the income effect of price increase.

Explanation:

The above explanation in economics refers to Giffen Good. The idea behind this concept Giffen is that if you do not have money and there is an increase in the price of a fundamental product such as bread, it is still impossible to afford other alternatives, hence you will go ahead to buy bread or avoid buying any of the product. Hence, the demand for other product will also decrease in this case. This means that the demand for product with higher price or decrease in other substitute product is due to the fact that the income effect outweighs the substitution effect. Hence people do not have the money to even afford the alternative product.

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3 years ago

Carlos does a good job of keeping track of his understanding of the material he is reading, and if he gets confused, he always r

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Comprehension monitoring

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3 years ago

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

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4 years ago