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3 years ago

Describe the importance of positive communication in business.

1 answer:

6 0

Answer:Another importance of effective communication in business is improved partnership. Communication is crucial when dealing with suppliers and other external business contacts. Sometimes suppliers need to be regularly updated on all the products so they can determine areas that they need to improve.

Explanation:

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________________ refers to the total number of units that are purchased at that price. quantity quantity demanded supply market

bagirrra123 [75]

Quantity demanded refers to the total number of units that are purchase at that price.

When you are in demand of something, it means you want/need something. Quantity refers to the amount of something you want/need. In this situation you are purchasing the amount you need at the set price given.

6 0

4 years ago

Seeking to lower overall costs, a South Korean car manufacturer sources many of the parts for its cars from other Asian countrie

Dmitriy789 [7]

Answer:

A. globalization of production.

Explanation:

Based on the question, the option that best answers the question is A, practice demonstrates the globalization of production.

6 0

3 years ago

Read 2 more answers

Theo would like to apply formatting to record data based on values in comparison with values in other fields.

n200080 [17]

Answer:

Explanation:

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3 years ago

A revenue tariff is designed to assist more efficient domestic producers, whereas a protective tariff is designed to promote imp

bezimeni [28]

Answer:

False

Explanation:

Revenue tariff means increasing earnings. It will raise government revenue instead of protecting domestic ventures. It is a direct income in the form of tax to obtain from corporate revenues.

On the other hand, protective tariffs are designed to protect domestic producers. It protects local manufacturers by imposing a heavy duty on imported products, which enables the products to become less attractive. Therefore, the aim is to reduce imports.

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4 years ago

Read 2 more answers

Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 405,000 Beginning m

skelet666 [1.2K]

Missing information:

Fixed administrative expense $ 16,200 Variable selling expense $ 20,250 Variable administrative expense $ ? Contribution margin $ 81,000 Net operating income $ 24,300

1. Prepare a contribution format income statement.

2. Prepare a traditional format income statement.

3. Calculate the selling price per unit.

4. Calculate the variable cost per unit.

5. Calculate the contribution margin per unit.

Answer:

First we must determine cost of goods sold = $27,000 + $270,000 - $13,500 = $283,500

now we must find total variable costs = total sales - contribution margin = $405,00 - $81,000 = $324,000

variable administrative expenses = total variable costs - COGS - variable selling expense = $324,000 - $283,500 - $20,250 = $20,250

1. Prepare a contribution format income statement.

Total sales $405,000

Cost of goods sold $283,500

Gross contribution margin $121,500

Variable selling expense $20,250

Variable adm. expense $20,250

Contribution margin $81,000

Fixed period expenses:

Fixed selling expense $40,500
Fixed administrative expense $16,200

Net operating income $24,300

2. Prepare a traditional format income statement.

Total sales $405,000

Cost of goods sold $283,500

Gross profit $121,500

Operating expenses:

Selling expenses $60,750

Adm. expenses $36,450

Net operating income $24,300

3. Calculate the selling price per unit.

$405

4. Calculate the variable cost per unit.

$324

5. Calculate the contribution margin per unit.

5 0

3 years ago