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fenix001 [56]
2 years ago
11

Cross Creek Clinic has revenue totaling $200,000. The clinic has costs totaling $100,000. Of this amount, 60% is variable cost a

nd 40% is fixed cost. What is the clinic’s contribution margin, expressed in dollars?
Business
1 answer:
krek1111 [17]2 years ago
7 0

Answer:

Contribution Margin= $140,000

Explanation:

Giving the following information:

Cross Creek Clinic has revenue totaling $200,000. The clinic has costs totaling $100,000. Of this amount, 60% is a variable cost and 40% is fixed cost.

To calculate the contribution margin we need to use the following formula:

Contribution margin= total sales - total variable cost

CM= 200,000 - (100,000*0.6)= $140,000

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Southeastern Bank organizes its loan operations based on the market served—consumer, small business, or nonprofit organizations.
bezimeni [28]

Answer:

customer group

Explanation:

Customer departmentalization is where the organization’s activities are ready to respond to and interact with specific customers or customer groups.

This organizational form is used when great emphasis is placed on effectively serving different customer types.

If Southeastern Bank organizes its loan operation based on customers group, this will allow Southeastern Bank to better serve borrowers with different needs by offering customized loan arrangements according to the customers preferences.

<u>Advantages of customer departmentalization </u>

  • Encourages concentration on customer needs.
  • Gives customers feeling that they have an understanding supplier (banker).
  • Develops expertness in the customer area.
  • Saves customers’ time.
3 0
3 years ago
The brandenburg family makes $7,000 per month. About $1,800 goes toward taxes and savings. They spend $5,200 on goods and servic
Debora [2.8K]

The money goes toward marketing activities is $2,600

What is the composition of the family spending monthly?

The family's monthly expenditure is made up of taxes and savings, goods and services and the balance is to be spent on marketing activities.

In other words, the amount that goes towards marketing activities is the excess of the family take-home monthly over the amounts spent on taxes and savings and goods and services respectively.

Total earnings monthly=$7000

sum of goods and services and taxes and savings=$1800+$5,200

sum of goods and services and taxes and savings=$7,000

spend on marketing activities=$7000-$7000

spend on marketing activities=$0

However, the principle is that the family should be able slash the amount spent on goods and services by half in order to make money available for marketing activities, hence the amount for marketing is $2,600($5,200*1/2)

Find out more about family expenditure on:brainly.com/question/5502247

#SPJ1

3 0
2 years ago
Mary is a new supervisor working with a preexisting staff that has resisted many of the new policies she has put into place. Mar
inna [77]

Answer:

by clearly state why the change is needed and how it will affect employees

Explanation:

An employee's resistance usually occurs when an employee feels insecure about changes or his position in the organization. A good leader must find out what are the main reasons why employees create resistance and thus devise a strategy to break down these barriers. In the case of supervisor Mary, clearly communicating about changes and the future of employees was effective in breaking down the barriers of employee insecurity about the changes that will occur in that company.

5 0
3 years ago
Jackson has the choice to invest in city of Mitchell bonds or Sundial, Inc. corporate bonds that pay 5.6 percent interest. Jacks
marshall27 [118]

Answer: 4.37%

Explanation:

As interest is tax deductible, the Sundial Interest needs to be adjusted for tax to find out the true return.

Jackson as a single tax payer earning $47,500 in 2019 has a tax rate of 22% according to the IRS Tax bracket for that year.

That means that the interest that true interest that Sundial is offering him is,

= 5.6 * ( 1 - tax rate)

= 5.6 * ( 1 - 0.22)

= 5.6 * 0.78

= 0.04368

= 4.37%

To make Jackson indifferent with the same amount of risk, the city of Mitchell would have to offer him the same interest that Sundial is offering net of tax which is 4.37%.

8 0
3 years ago
A service is usually offered as part of a bundled package of services with a core service and one or more ____ services.suppleme
JulsSmile [24]

Answer:

A, supplementary

Explanation:

A supplementary service can be said to be an added service to an original service package.

That is, a supplementary service can be said to be an extra service or services that is embedded in a whole service.

For example, when you go to a tech store to have your hard drive replaced, a supplementary service such as general cleaning and routine check of your computer is included in the hard drive replacement service.

The main or core service is hard drive replacement while the supplementary service includes cleaning and routine check of other computer components.

Cheers.

4 0
3 years ago
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