Answer:
The monthly Net Operating Income would reduce by $100 if additional funds are allocated to Marketing Expenses.
Explanation:
I have attached a screen shot of my workings, give it a look and you will have a better idea of what is going on.
Key Points:
- New units to be sold are 7,210.
- Variable Expense is calculate as (Sales * Percentage of Variable Expense).
- A new Fixed cost of 6,700 for Marketing will be deducted.
I hope I made it very much clear for you. Feel free to ask if you have any confusion.
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Answer:
True
Explanation:
In a market economy ,driving force that encourages people and organizations to improve their material well-being is profit motive . The profit motive driving force to improve their material well-being is characterized by capitalism and free enterprise . Capitalism is an economic system in which private citizens, like you, own and use the factors of
production. Individuals or companies make products and profits. If the products can be bought and
sold without government regulation or control, we have a condition called a free market.
If an economy has both capitalism and free markets, we say that the economy is based on free enterprise. Under free enterprise, resources are privately owned. Competition is allowed with a minimum (least amount) of government controls.
Answer:
in folklore, a narrative containing information about actual persons and events. Originating from the tales of eyewitnesses, the traditional account departs from its original factual basis when retold and becomes subject to free poetic interpretation.
A business is thinking about investing in a project that will generate $310,000 in three years. If the corporation needs a 10, the company will pay $ 232903 for this investment.
The filing of the Articles of Incorporation, a legal document that proves your business exists and has permission to function in the state, is a significant prerequisite for founding a corporation. The following information will be present in an appropriate Articles of Incorporation document:
The name of the company.
The location of the company.
Name and address of the registered agent of the corporation.
the organization's mission.
Stock details, such as the quantity, category, and potential worth of the shares.
Additional data as specified by state legislation, which varies from state to state.
Learn more about investment here.
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Answer:
d. 10.6% higher
Explanation:
Given that;
Real GDP = $13.2 trillion
Nominal GDP = $14.6 trillion
GDP deflator = (Nominal GDP/Real GDP)× 100)
Hence,
GDP deflator = (14.6 / 13.2 ) × 100
GDP deflator = 110.6%
Thus,
= 110.6 - 100
= 10.6% higher