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3 years ago

The belief that everyone should have exactly the same amount of income is

1 answer:

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The belief that everyone should have exactly the same amount of income is B. egalitarian principle.

The official definition of poverty is C. a relative measure.

A straight-line Lorenz curve shows A. an equal distribution of money income.

Which of the following is NOT a correct criticism of the Lorenz curve? D. It does not deal with differences in family size.

The typical age-earnings cycle shows that C. there is a positive relationship between age and earnings that eventually turns into a negative relationship.

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What factors are used in the rule-of-thumb methods to determine the communication budget?.

xz_007 [3.2K]

Prior sales and communication activities

To determine the current communication budget, rule-of-thumb methods use prior sales and communication activities. These methods are simple to implement, but they do have some limitations.

<h3>What is rule-of-thumb?</h3>

A rule-of-thumb is a heuristic guideline that gives simplified counsel or a fundamental rule-set for a certain subject or course of action. It is a broad principle that provides specific directions for completing or performing a task. Generally, rules of thumb emerge from practice and experience rather than scientific study or a theoretical underpinning.

To learn more about rule-of-thumb from given link

brainly.com/question/943703

#SPJ4

4 0

2 years ago

Ivanhoe Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,380 per month. One of the bar

ANTONII [103]

Answer:

Fredonia Barber Shop

a. Variable costs per haircut = $4.40

Total monthly fixed costs = $8,910

b. Break-even point in units = 1,350

Break-even point in sales dollars = $14,850

Net income with 1,670 haircuts = $2,120

Explanation:

a) Data and Calculations:

Fixed costs:

Wages of barbers per month = $6,900 ($1,380 * 5)

Manager's allowance per month = $535

Advertising per month = $270

Rent per month = $1,010

Utilities per month = $160

Magazines per month = $35

Total fixed costs per month = $8,910

Ivanhoe currently charges $11 per haircut.

Variable costs per haircut:

Commission per haircut = $3.75

Barber supplies per haircut = $0.50

Utilities per haircut = $0.15

Total variable costs per unit $4.40

Contribution margin per haircut = $6.60 ($11 - $4.40)

Contribution margin ratio = 0.6

Break-even point in units = $8,910/$6.60 = 1,350

Break-even point in sales dollars = $8,910/0.6 = $14,850

Net income assuming 1,670 haircuts for a month:

Sales revenue = $18,370 ($11 * 1,670)

Variable costs = 7,340 ($4.40 * 1,670)

Contribution $11,030

Fixed costs 8,910

Net income $2,120

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4 years ago

What to do if the product is not a consumer problem?

Kay [80]

could you explain it more

8 0

3 years ago

On Jan. 1, 2014, Westerfeld Company placed into service a machine that had an acquisition cost of $60,000, a salvage value of $6

klasskru [66]

Answer:

Annual depreciation= $9,800

Explanation:

First, we need to calculate the depreciation expense and accumulated depreciation until 2016:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (60,000 - 6,000) / 5

Annual depreciation= $10,800

Accumulated depreciation= 10,800*2= $21,600

Now, we determine the depreciable value and the revised depreciation expense:

Depreciable value= 60,000 - 21,600= 38,400

Annual depreciation= (38,400 - 9,000) / 3

Annual depreciation= $9,800

6 0

3 years ago

Page Enterprises has bonds on the market making annual payments, with nine years to maturity, and selling for $948. At this pric

IrinaK [193]

Answer:

Coupon rate is 5.17%

Explanation:

Yield to maturity is the annual rate of return that an investor receives if a bond bond is held until the maturity.

Assuming Face value of the bond is $1,000

Face value = F = $1,000

Selling price = P = $948

Number of payment = n = 9 years

Bond Yield = 5.9%

The coupon rate can be calculated using following formula

Yield to maturity = [ C + ( F - P ) / n ] / [ (F + P ) / 2 ]

5.9% = [ C + ( $1,000 - $948 ) / 9 ] / [ ( $1,000 + $948 ) / 2 ]

5.9% = [ C + $5.78 ] / $974

5.9% x $974 = C + $5.78

$57.466 = C + $5.78

C = $57.466 - $5.78 = $51.686

Coupon rate = $51.686 / $1,000 = 0.051686 = 5.17%

4 0

4 years ago