Answer:
Increase in income= $5,000
Explanation:
Giving the following information:
Selling price $ 110,000 ($110)
Variable expenses 60,000 ($60)
Contribution margin 50,000 ($50)
Fixed expenses 30,000
Net operating income $ 20,000
The company is considering a reduction in the selling price by $10 per unit and an increase in the advertising budget by $5,000. This will increase sales volume by 50%.
Increase in income= unitary contribution margin* sales in units - new fixed costs
New Income= 40* (1000*1.5) - 35,000= 25,000
Increase in income= $5,000
Answer:
However, the economy has been characterised by a structural shift in output over the past four decades.
Since the early 1990s, economic growth has been driven mainly by the tertiary sector – which includes wholesale and retail trade, tourism and communications. Now South Africa is moving towards becoming a knowledge-based economy, with a greater focus on technology, e-commerce and financial and other services.
Among the key sectors that contribute to the gross domestic product and keep the economic engine running are manufacturing, retail, financial services, communications, mining, agriculture and tourism.
Explanation:
South Africa’s economy has traditionally been in the primary sectors – the result of a wealth of mineral resources and favourable agricultural conditions.
Answer:
The answer is:
Asset will be overstated
Net income will be overstated
Explanation:
Because of the incorrect capitalization(the process of converting or adding to a firm's asset):
1. Assets are overstated. Assets that shouldn't are added to the entire assets are added. So it's increasing the company's asset whereas it's not.
2. Net income are overstated. Because depreciation too will have to be charged for the asset that wasn't there, therefore, net asset will be overstated.
What<span>approximately would be the total population of Illinois?
</span>
-12 million
