Dude, you've got your priorities all sorted out ahahah
Answer:
A 7% increase in selling price.
Explanation:
Contribution margin refers to the difference between selling price and variable cost.
Contribution margin:
= Selling price - Variable cost
Net income:
= Contribution margin - Fixed cost
(i) 14% increase in variable cost:
It cannot, because it will decrease the contribution margin.
(ii) 17% decrease in fixed cost:
It cannot affect the contribution margin.
(iii) 15% decrease in selling price:
No, it will reduce the contribution margin.
(iv) 7% increase in selling price:
Yes, it will increase the contribution margin since there is an increase in the selling price.
(v) 23% increase in the number of units sold:
No, it will not impact the selling price or variable cost.
C. Cooperating, providing support, and expressing feelings.
Answer:
C-both the direct method and the indirect method.
Explanation:
When you want to calculate net cash flows from operating activities, you only consider cash inflows and outflows. This means that changes in accounts receivable, inventories and other prepaid expenses must be adjusted, as well as accounts payable and any other non-cash expenses like depreciation or amortizations.
Answer:
B. shift the demand curve leftward for tanning
Explanation:
According to the Food and Drug Administration, "...the ultraviolet (UV) radiation from these devices [sunlamps and tanning beds] poses serious health risks." As a result of reading this, the local mayor decides to introduce legislation that will put a 10% excise tax on tanning consumers. From an economic point of view, this will________
A. shift the demand curve rightward for tanning.
B. shift the demand curve leftward for tanning.
C. shift the supply curve rightward for tanning.
D. move down along the demand curve for tanning.
The excise tax is a legislated form of tax on specific goods and services at purchase; an indirect type of indirection taxation imposed on the manufacture, sale or the use of certain type of good and products. They are often levied upon goods services such as cigarettes, gasoline,alcohol, tobacco and gambling. They are considered unnecessary goods and services, Taxes are levied on them to raise their price and in order to reduce the amount they are been used.
The local mayor decides to introduce legislation that will put a 10% excise tax on tanning consumers in order to lower the demand for these devices
Consumer will now need to pay higher tax in addition to the price they will pay for the device, this is make people to tan less because of the extra cost. this will lead to a shift in the demand curve
