1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kogti [31]
3 years ago
6

Swifty Corporation reported net sales of $690000, $730000, and $828000 in the years 2016, 2017, and 2018, respectively. If 2016

is the base year, what percentage do 2018 sales represent of the base
Business
1 answer:
Flura [38]3 years ago
3 0

Answer:

120%

Explanation:

Given net sales;

Year 1996 = $690000

Year 1997 = $730000

Year 1998 = $828000

With 1996 as the base year, it means the percentage of any year can be computed by dividing the net sales for that year with the net sales for 1996 and expressing the results as a percentage.

1998 sales as a percentage of  the base represents

= $828000/$690000

= 1.2

Expressed as a percentage, this is 120%.

You might be interested in
In their​ research, Fiber One product managers consistently heard that the awful taste of fiber was a real barrier for many​ con
Gnesinka [82]

Answer:

d. product development

Explanation:

The process of creating new products with added features that benefit the customer is called product development. Businesses continuously research to find out what are the customers' preferences. They will invest in developing products that suit customer's needs.

Fiber one is developing a product whose taste will be acceptable by its customers.

8 0
3 years ago
Common sense might say that a monopolist would produce more output than a competitive industry facing the same marginal costs. A
Dvinal [7]

<u>Explanation</u>:

Even though a <u>monopolist</u> usually controls the market price of the commodity it may not be producing more because a monopolist overall goal is to achieve profit maximization.

However, producing more output would not be in their best interest despite been the market maker because it will decrease the price of the goods in the market due to over supply, leading to lower profit for them.

3 0
3 years ago
Capricorn Creative Inc., a U.S.-based advertising firm, was the first in the advertising industry to identify the growth potenti
Anna71 [15]

Answer:

A. -

Explanation:

First Mover Advantage (FMA) is a marketing or business strategy where the advantage is gained by the initial significant occupant of a market segment.

Capricorn creative inc. being the first to identify the potential in Brazil and make investments is now benefiting from brand loyalty amongst others. By being the first mover/initial they gained competitive advantage in what looks like a monopoly-like status.

It is important to note that not all first movers tho are rewarded. This occurs mostly if the first mover doesn't capitalize on its advantage. In this situation it then becomes first-mover disadvantage.

7 0
4 years ago
In accrual basis accounting, revenue is recorded when the seller ______.
Softa [21]

in accrual basis accounting, revenue is recorded when the seller's product is shipped or service is provided.

Revenue is the money made from regular business operations and is calculated by multiplying the average sales price by the quantity of units sold. In order to calculate net income, costs must be deducted from the top line (or gross income) figure. On the income statement, revenue is also known as sales.

Even though the cash for the transaction has not yet been exchanged, accruals are earnings or expenses that have an influence on a company's net income on the income statement. Due to the non-cash assets and liabilities they involve, accruals also have an impact on the balance sheet.

To know more about Accrual-based accounting CLICK HERE:

brainly.com/question/13464862

#SPJ4

6 0
1 year ago
Rocky Mountain Corporation makes two types of hiking boots—Xactive and Pathbreaker. Data concerning these two product lines appe
Anit [1.1K]

Answer:

1a. Predetermined overhead rate = Estimated total manufacturing overhead / Estimated total direct labor-hours

Predetermined overhead rate = $1,743,360 / 90,800 DLHs

Predetermined overhead rate = $19.20 per DLH

1b.                     Computation of Unit Product Cost

                                                                    Xactive    Pathbreaker

Direct material                                             $64.00    $50.20

Direct Labor                                                 $17.40     $12.20

Manufacturing overhead ((1.4, 1)*$19.20)   <u>$26.88</u>    <u>$19.20</u>

Unit product cost                                        <u>$108.28</u>  <u>$81.60</u>

8 0
3 years ago
Other questions:
  • A characteristic of search firms known as headhunters is that they: question 6 options:
    10·1 answer
  • The makers of Breyers ice cream have come up with a new line called Breyers Blasts! This line of ice cream combines Breyers ice
    5·1 answer
  • You need to have an emergency fund that can cover____months of your fixed expences.
    7·1 answer
  • The assets, liabilities, and equity account of a business, which are interrelated and interact with each other, represent:______
    15·1 answer
  • The Broadmoor Hotel in Colorado Springs, Colorado, maintains its five-star rating by focusing on five service characteristics: r
    6·2 answers
  • For every dollar's worth of goods and services bought today, the amount of money it will take in n years to buy the same amount
    10·1 answer
  • Video game designers can do visual design or programming.<br> A.<br> True<br> B.<br> False
    12·1 answer
  • If you show defensiveness, people are more likely to _____. a. confront you about your problems b. critique your performance c.
    13·1 answer
  • The debt owed to a bank​
    7·1 answer
  • gomez runs a small pottery firm. he hires one helper at $11,000 per year, pays annual rent of $6,000 for his shop, and spends $2
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!