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Burka [1]
4 years ago
9

Gayne Corporation's contribution margin ratio is 12% and its fixed monthly expenses are $84,000. If the company's sales for a mo

nth are $738,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses do not change.
Business
1 answer:
babymother [125]4 years ago
3 0

Answer:

the net operating income is 4.560

Explanation:

Net operating income is a calculation of revenues less cost, minus all reasonably necessary operating expenses. Having said that we can determine that the fixed expenses are included in the necessary operanting expenses unless they include depreciations and amortization. Since the text doesn’t refer to the fixed expenses as depreciations or amortization the calculation is this:

Calculate the cost if the contribution margin is 12%

Cost is equal to = (Revenue*(1-contribution ratio))= (738.000*(1-0.12))= 649.440

Then calculate the net operating income  

Net operating income = (Revenue – Cost-operating expenses) = (738.000-649.440-84.000) = 4.560

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What is competitive advantage and how does it relate to a company’s business mode?
elena-s [515]

Answer:

Competitive advantage is an economic category, which means that an economic entity has unique characteristics that distinguish this economic entity from other similar entities in the market.

Explanation:

Competitive advantage is an economic category, which means that an economic entity has unique characteristics that distinguish this economic entity from other similar entities in the market.  Competitive advantages and disadvantages are identified in the process of comparing the elements of activity of market participants with elements of the activities of rivals. So, for example, you can determine whether a business idea is better or worse, the name of the created or acquired company, the composition of the personnel, management and top management of the company, business models, tools and objects of work used in business, business communication.

Each enterprise enters the market with the aim of achieving its goals and objectives, maintaining or protecting its market share. However, because there are so many competitors in the free and competitive markets that can meet the same consumer demand, they may prevent the enterprise from achieving this goal. To be able to cope with or prevent them from attacking, an enterprise must develop its own competition policy and competitive strategy, ie the concept of using its resources to prevent and resist competitors' actions against it and its goals. The prerequisite for success in free and competitive markets is that there are many consumers (or buyers) who perceive products or products offered by the enterprise as superior products over similar products of their competitors due to their parameters (quality, technical, operational, economic, etc.). To achieve this, every enterprise should strive to outstrip or outpace its competitors in competition. Understanding the need for competition and its discussion leads to a critical approach to the consumer-oriented marketing concept that the purpose of marketing is to meet the needs of consumers. Thus, when a consumer orientation is viewed as a means of ensuring that the enterprise's products meet the consumer's expectations and expectations, it does not mean the need to outpace or outpace competitors. Because consumer expectations are, to a large extent, dependent on what competitors offer them. It is also wrong to change the consumer orientation of marketing to competitors. Because being an enterprise leader in competition means better than its competitors, it also means better understanding of consumer needs. An attempt to organize a business more efficiently by shifting focus from consumer to competition can lead to certain advantages over competitors. These advantages will be in addition to the advantages revealed by the consumer's orientation, which will be either undesirable or less desirable. In fact, the enterprise does not need to outpace its competitors in all its supply parameters. He needs to overcome his competitors in settings that are of importance to the consumer. What parameter is more important and important to the consumer can be determined by the consumer orientation. The emphasis on competition, rather than on consumers' needs, is the result of its overstatement. Therefore, the enterprise must continuously monitor the competition and at the same time not overlook the consumer's needs. The competitive research process results in the development of a competitive strategy. The development of a competitive strategy involves four stages:

1) defining the characteristics of competition;

2) collecting and analyzing competitors' information;

3) identification of possible variants of competitive strategies; and

4) selection of a competitive strategy or strategy.

5 0
3 years ago
​A method of training and development in which participants attend courses in a room with lessons taught by either an instructor
Alika [10]

Answer:

classroom teaching and lectures

Explanation:

Classroom teaching and lectures -

It is the method , to acquire and gain knowledge , within a classroom , by the help of a lecturer or teacher .

In a classroom , the teacher in light the class with knowledge by using interesting ways to make the students understand the topic clearly .  

Hence , the correct answer for the given information is classroom teaching and lectures .

4 0
3 years ago
In a business context, legal counsel is not only a primary and important source of information and advice but is also solely res
Yakvenalex [24]

<u>In a business context, legal counsel is not only a primary and important source of information and advice but is also solely responsible for making decisions about how to resolve a disput</u>e-This statement is false

Explanation:

<u>Alternative dispute resolution options is one of the most popular way to settle legal matters without wasting Time and money in a court cases</u>

There are three main types of formal alternative dispute resolution techniques that are used in the United States. They are

<u>Mediation </u>

In mediation alternative  an independent mediator works with both the parties to come to a resolution.

<u>Arbitration </u>

Arbitration refers to the term  voluntary, many people agree to participate in arbitration before a dispute ACTUALLY arises.  

In an arbitration, both the parties agree to have their case heard by an impartial person who is refereed to as an arbitrator, who issues a final and binding decision.

An arbitration case is heard much faster and is less expensive than a court case

<u></u>

<u>Collaborative Law </u>

This is typically used in the resolution of  family law setting as an alternative to litigating a divorce. It is different than mediation or arbitration in the sense that  there is no  neutral third party.  

6 0
3 years ago
Suppose a new website was launched providing up-to-date, credible information on all firms wishing to issue bonds. What would yo
guapka [62]

Answer:

Refer below.

Explanation:

I foresee that loan costs would fall with the arrival of forward-thinking, dependable data on all organizations wishing to give bonds on account of expanded buyer request. This data would make it simpler for financial specialists to decide the reliability of firms and request should rise on account of the simplicity and help in dynamic. At the point when request rises, loan fees decrease.

6 0
3 years ago
You have purchased a U.S. Treasury bond for $3,000. No payments will be made until the bond matures 10 years from now, at which
ruslelena [56]

Answer:

rate = 5.24 %

so correct option is d. 5.24%

Explanation:

given data

purchased bond initial amount = $3,000

Maturity amount = $5,000

time period = 10 years

to find out

interest rate  earn on this bond

solution

we know here initial amount and final amount with time period so

we will apply here Maturity amount formula that is

Maturity amount = initial amount × (1+rare)^{time}     .................1

put here value we get

Maturity amount = initial amount × (1+rare)^{time}  

5000 = 3000 × (1+rare)^{10}      

1.6667 - 1 = (rare)^{10}      

solve it we get

rate = 5.24 %

so correct option is d. 5.24%

4 0
3 years ago
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