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devlian [24]
3 years ago
9

Swifty Company reports the following operating results for the month of August: sales $315,000 (units 5,000); variable costs $21

8,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume.
Business
1 answer:
Sloan [31]3 years ago
4 0

Answer:

Net income to be earned =   $58,500

Explanation:

The net income to be earned can determined as follows:

<em>Net income = (sales value - Variable costs) - Fixed costs</em>

With an increase in selling price by 10%, the total sales value would now be

Total sales value = 110% × 315,000 =$346,500

Net income therefore would be

                    = (346,500 - 218,000) - 70,000

                  =   $58,500

Not that the fixed cost will not change because it is independent of volume and also the variable cost has been  stated to remain the same.

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Drake enters into a contract with Eve, who claims to have access to a stock-trading algorithm that will multiply an investment m
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Answer:

The answer is: be able to recover damages

Explanation:

In order for a Drake (the plaintiff) to be able to recover damages he must prove that he suffered an injury (economic injury in this case) by Eve's false claims.

Eve promised to multiply Drake's money and instead Drake lost money. The proof of injury would be the money lost by trading with Eve's false algorithm.

4 0
3 years ago
Which of the following is not a benefit of communication?
mart [117]

Answer:

Could you add more details please

Explanation:

5 0
3 years ago
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A call center with access to customer credit reports selling customer data to an outside organized crime organization for the pu
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The answer is authorized to use an organization’s system. In addition, if an authorized user tells another person his secret code, the unauthorized user can masquerade as the authorized user with significantly less likelihood of detection. People who have some motive to attack an organization and are not authorized to use the system of the organization are called outsiders and can pose a serious threat to an organization.
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3 years ago
send your client an email with a project and risk status. You ask for feedback on project performance. Which best practice shoul
Zolol [24]

Explanation:

Get to the point quickly and be concise., but don't be impersonal or abrupt. Keep your sentences short and clear. Include everything your client needs to know in the email. If you're just providing information and don't need a response, write “No response needed” at the end of the email.

7 0
3 years ago
Last year Kruse Corp had $355,000 of assets, $403,000 of sales, $28,250 of net income, and a debt-to-total-assets ratio of 39%.
maksim [4K]

Answer:

It will improve the ROE by 5.29%  to 18.34% from 13.05%

Explanation:

<u>current values</u>

assets 355,000

sales  403,000

net income 28,250

debt to assets = 39%

debt = assets x 39% =  355,00 x .39 = 138,450

equity = assets - debt = 355,000 - 138,450 = 216,550

<u>Current ROE</u>

net income / own funds (equity)

28,250/216,500 = 0,1304849 = 13.05%

<u>With the proposition of reducing assets to 252,500</u>

debt = assets x 39% =  252,500 x .39 = 98,475

equity = assets - debt = 252,500 - 98,475 = 154,025‬

<u>proposition expected ROE</u>

28,250/154,025 = 0,183411783 = 18.34%

<em>Change in ROE 18.34 - 13.05 = 5.29</em>

6 0
3 years ago
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