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3 years ago

The following information was taken from the segmented income statement of Restin, Inc., and the company's three divisions:

Business

1 answer:

Rainbow [258]3 years ago

7 0

Answer:

d. $75,000

Explanation:

total Los Angeles Bay Area Central Valley

Revenues $750,000 $200,000 $235,000 $325,000

Variable exp. $410,000 $110,000 $120,000 $180,000

Controllable $210,000 $65,000 $75,000 $70,000

fixed expenses

controllable $130,000 $25,000 $40,000 $75,000

profit margin

Noncontrollable fixed expenses and common fixed expenses are not included in the calculation of individual controllable profit margin.

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Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms t

Marianna [84]

True. Because risk is associated with the potential for higher profits, businesspersons are motivated to choose organizational forms that limit their liability while allowing them to take risks that may lead to greater profits. Organization forms refers to how a company organizes different organizations within the company. A great deal of focus and planning goes into deciding how an organization should structure themselves to be the most profitable.

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3 years ago

The independent variable in the Situational school of leadership is: a. Maturity of the followers b. Clarity of the task c. Time

zlopas [31]

Answer:

Maturity of the followers, clarity of the task, organizational support of the leader

Explanation:

Situational leadership takes into account the situational factors that are attached to the task of the leader. This type of leadership style does not take a one size fits all approach or a universal style of leadership, and therefore pays attention to factors such as relationship with members of the team, type of task etc. The above are factors that determine leadership style. Time horizon is not one of them. Another factor not included in the options is the relationship of the team or group members with the leader.

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3 years ago

An organization has a standing order with a supplier. the organization has ordered the same product in the same quantity monthly

evablogger [386]

Answer:

Modified Rebuy.

Explanation:

Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.

In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.

So, the correct answer is modified rebuy.

7 0

3 years ago

At a price of $1.00, a local coffee shop is willing to supply 100 cinnamon rolls per day. At a price of $1.20, the coffee shop w

kykrilka [37]

Answer:

a. 2.20

Explanation:

The computation of the price elasticity of supply is shown below;

Here,

P1 = $1 Q1 = 100

P2 = $1.20 Q2 = 150

We know that

Price elasticity = percentage change in quantity supplied ÷ percentage change in price

where

Percentage change in quantity supplied = (Q2-Q1)÷(Q2+Q1) ÷ 2)×100

= (150-100) ÷(150+100) ÷ 2)×100

= 40

And,

Percentage change in price is

= (P2-P1) ÷ (P2+P1) ÷ 2)×100

= ($1.20 - $1) ÷ ($1.20 + $1) ÷ 2)×100

= 18.1818

So, price elasticity of supply is

= 40 ÷ 18.1818

= 2.20

5 0

3 years ago

Read 2 more answers

Dave and Ellen are newly married and living in their first house. The yearly premium on their homeowner’s insurance policy is $6

oksian1 [2.3K]

Answer:

1. 48 dollars

2. 30 dollars

Explanation:

The yearly premium on their homeowner's insurance policy is $600 for the coverage they need.

Their insurance company offers a discount of 8 percent if they install dead-bolt locks on all exterior doors.The couple can also receive a discount of 5 percent if they install smoke detectors on each floor.

1. What discount will Dave and Ellen receive if they install the dead-bolt locks?

discount for deadbolts =

Discount % x Premium

0.08 x 600 = 48 dollars

b. What discount will Dave and Ellen receive if they install smoke detectors?

discount for deadbolts =

Discount% x Premium

0.05 x 600 = 30 dollars

5 0

4 years ago