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Firdavs [7]
3 years ago
12

Refer to the original data. The sales manager is convinced that a 10% reduction in the selling price, combined with an increase

of $31,000 in the monthly advertising budget, will double unit sales. If the sales manager is right, what will be the revised net operating income (loss)?
Business
1 answer:
alexdok [17]3 years ago
5 0

Answer:

profit and loss statement

Explanation:

the excel sheet has been attached kindly refer the attachment.

Download xlsx
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​Belstone, Inc. is a merchandiser of stone ornaments. It sold​ 15,000 units during the year. The company has provided the follow
Georgia [21]

Answer: $200,100

Explanation:

Given that,

Units sold = 15,000

Sales Revenue = $510,000

Purchases​ (excluding Freight​ In) = $310,500

Selling and Administrative Expenses = $36,000

Freight In = $15,900

Beginning Merchandise Inventory = $42,500

Ending Merchandise Inventory = $59,000

Cost of goods sold = Beginning Merchandise Inventory + Purchases​ + Freight In - Ending Merchandise Inventory

                                = $42,500 + $310,500 + $15,900 - $59,000

                                = $309,900

Gross Profit = Sales Revenue - Cost of goods sold

                    = $510,000 - $309,900

                    = $200,100

8 0
3 years ago
You're considering an investment that you expect will produce an 8% return next year, and you expect that your real rate of retu
sveta [45]

Answer:

Explanation:

Using Fisher equation <u><em>(Which is estimating the financial mathematics and economics relationship among real interest rates nominal interest rates under inflation.) </em></u>which goes like this

1+i=(1+r)(1+\pi _{e} )

where

i = nominal interest rate\\e = real interest rate\\\pi _{e}  = expected  inflation rate

Inflation = (1+0.08) / (1+0.06) - 1 = 1.88% (Could be approximated as 2%)

7 0
3 years ago
The liquid that pass through the filter is know as<br>​
garri49 [273]

Answer:

FILTRATE is the fluid that passes through a filter paper

RESIDUE is the left-over substances on the filter paper

FEED is the liquid poured on to the filter paper

5 0
3 years ago
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4. Suppose GDP is $15 million, private saving is $3 million, consumption is $8 million, public saving is $2 million. Assume the
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Answer in the file below .

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What must you know in order to serve alcohol responsibly and legally in all situations?
jonny [76]
  • a. know your product, know your customers, and know how to say "no"

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