Answer:
Retained earning
Explanation:
A company's profits are distributed to shareholders as dividends, retained in the business for reinvestment, or both. Therefore, retained earning are profits that were not distributed to shareholders. They are funds that belong to owners but withheld for use in the business.
Retained earnings form part of a company's capital. It is money that shareholders have contributed to the business by not sharing in profits.
We won't have enough resources for everyone to survive
Corn products are used in the production of food as a result of regulations with in Federal Agriculture Improvement and Reform 1996 Act that allow farmers to choose the crops they want to cultivate.
<h3>Corn production and evolution;</h3>
The main feed grains are oats, barley, sorghum, and corn. With more than 95% of all feed grain use and production in the United States going to corn, it is the most important feed grain.
- Corn is farmed on more about 90 acres of land, with the Heartland region producing the largest of the commodity.
- The majority of the harvest is employed as the primary source of energy in animal feed.
- A wide range of food and commercial items, such as starch, sugars, corn oil, drinking and commercial alcohol, and fuel ethanol, are also made from corn.
- Higher yields resulted from advancements in technology (seeded varieties, fertilizers, herbicides, and machinery), as well as in production techniques, which led to an increase in corn production over time.
- Increasing corn prices and incentives on producers to expand corn acreage are the results of a strong demand towards ethanol production.
- By altering the corn and soybean crop rotations, farmers have frequently expanded corn area while lowering soybean plantings.
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Answer:
The company degree of operating leverage is 4
Explanation:
The computation of the degree of operating leverage is shown below:
= (Sales - Variable expense) ÷ (Sales - Variable expense - Fixed expense)
= ($660,000 - $360,000) ÷ ($660,000 - $360,000 - $225,000)
= $300,000 ÷ 75,000
= 4
where,
The (Sales - Variable costs) = Contribution margin
The (Sales - Variable costs - Fixed costs) = EBIT
