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Makovka662 [10]
2 years ago
10

he company is currently selling 6,400 units per month. Fixed expenses are $424,400 per month. The marketing manager believes tha

t a $6,600 increase in the monthly advertising budget would result in a 140 unit increase in monthly sales. What should be the overall effect on the company's monthly net operating income of this change?
Business
1 answer:
kumpel [21]2 years ago
7 0

Answer:

The company's net operating income would increase by 2.1875%.

Explanation:

Let the selling price for each unit be $y

Initial quantity sold per month before increase in the advertising budget = 6400 units

Initial income = $6400y

New monthly sales after increase in advertising budget = 6400 + 1400 = 6540 units

New income = $6540y

Increase in income = $6540y - $6400y = $140y

Percentage increase in income = (increase in income ÷ initial income) × 100 = ($140y ÷ $6400) × 100 = 0.021875 × 100 = 2.1875%

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The primary drawback of the edison talking machine for sound recording was:
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Only one recording of a given sound could be made; copies were not possible. 
Hope this helps! :)

4 0
3 years ago
on January 1, 2017, anodel, Inc. acquired a machine for 1,010,000. the estimated useful life of the asset is five years. residua
Licemer1 [7]

Answer:

Annual depreciation= $189,600

Explanation:

Giving the following information:

On January 1, 2017, anodel, Inc. acquired a machine for 1,010,000. the estimated useful life of the asset is five years. residual value at the end of five years is estimated to be 62000.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (1,010,000 - 62,000)/5= $189,600

6 0
3 years ago
Which level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assuranc
Neko [114]

The level of quality of information would eventually exist in the market for lemons assuming there was no way to gain assurance regarding the accuracy of the information would be low only.

In the given scenario we are given that there is no way to reassure ourselves that the information is accurate about the lemons in the existing market.

So we can not be a hundred percent sure that the information regarding the lemons existing in the market is correct.

As a result, if there was no method to verify the authenticity of the information, only low-quality information would eventually be available in the market for lemons.

Learn more about the market:

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3 0
1 year ago
. What happens if you don't pay your insurance premium for your car?
Andru [333]
Your insurance will be cancelled
5 0
2 years ago
You own a portfolio that has $2,650 invested in Stock A and $4,450 invested in Stock B. If the expected returns on these stocks
barxatty [35]

Answer:

9.88%

Explanation:

Calculation for the expected return on the portfolio

First step is to find Total portfolio vale using this formula

Total portfolio vale=(Stock A portfolio + Stock B portfolio)

Let plug in the formula

Total portfolio vale= (2,650+4,450)

Total portfolio vale= 7,100

Second step is to calculate for the Expected portfolio return of Stock A by dividing Stock A portfolio by the Total portfolio vale then multiply it by the expected returns percentage

Expected portfolio return Stock A = 2,650 / 7,100

Expected portfolio return Stock A = 0.3732 *0.08

Expected portfolio return Stock A =0.02986

The third step is to calculate for the Expected portfolio return of Stock B by dividing Stock B portfolio by the Total portfolio vale then multiply it by the expected returns percentage

Expected portfolio return Stock B=$4,450/$7,100

Expected portfolio return Stock B=0.6268 *0.11 Expected portfolio return Stock B= 0.06895

The last step is add up the expected return on the portfolio for both Stock A and Stock B

Using this formula

Expected return on the portfolio=(Stock A Expected return on the portfolio + Stock B Expected return on the portfolio)

Let plug in the formula

Expected return on the portfolio=0.02986+0.06895

Expected return on the portfolio= 0.0988 *100 Expected return on the portfolio= 9.88%

Therefore the expected return on the portfolio will be 9.88%

6 0
3 years ago
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