_____ are companies that invest in start-up businesses with high growth potential in exchange for an ownership stake.

has a monthly target operating income of $ 15 comma 000. Variable expenses are 70% of sales, and monthly fixed expenses are $

seraphim [82]

Answer:

Margin of safety=55.6%

Explanation:

The formula for the operating income is as folows;

operating income=Sales revenue-total cost

where;

operating income=$ 15,000

Sales revenue=S

total cost=variable cost+fixed cost

variable cost=70% of S=(70/100)×S=0.7 S

fixed cost=$12,000

replacing;

15,000=S-(0.7 S+12,000)

15,000+12,000=0.3 S

27,000=0.3 S

S=27,000/0.3

S=Answer:

Explanation:

The formula for the operating income is as follows;

operating income=Sales revenue-total cost

where;

operating income=$ 15,000

Sales revenue=S

total cost=variable cost+fixed cost

variable cost=70% of S=(70/100)×S=0.7 S

fixed cost=$12,000

replacing;

15,000=S-(0.7 S+12,000)

15,000+12,000=0.3 S

27,000=0.3 S

S=27,000/0.3

S=$90,000

Current sales=$90,000

The formula for margin of safety is as follows;

Margin of safety=(Current sales level-break even point sales level)/current sales levels

At break even,

Operating income=0

0=S-(0.7 S+12,000)

0=S-0.7 S-12,000

0.3 S=12,000

S=12,000/0.3

S=40,000

Break even sales=$40,000

replacing;

Margin of safety=((90,000-40,000)/90,000}×100

Margin of safety=55.6%

7 0

3 years ago

Travis, the advertising manager of a photo imaging company, is responsible for compiling a list of the company's potential adver

pantera1 [17]

Answer:

Letter C is correct. <u>Delegation of authority. </u>

Explanation:

In the context of organizational authority, the option that is best illustrated in this scenario is the delegation of authority.

This can be defined according to Chiavenato, as a process of transmitting authority and responsibilities to the lower hierarchical positions.

The higher the hierarchy in an organization, the greater the need to delegate authority, so it is essential that a leader perform this process effectively, using the right technique, to delegate authority to the right person, the right task, the right communication and maintaining control and performance evaluation of subordinates, so that the effectiveness of delegation of authority is achieved and that helps the organization to achieve its objectives and goals.

8 0

3 years ago

Read 2 more answers

Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowe

Marizza181 [45]

Answer:

The correct answer is $1,056.

Explanation:

According to the scenario, the computation of the given data are as follows:

If AGI is less than $70,000 than maximum deduction = $2,500

Then the second Phase is start at $70,000 and ends at $85,000.

Modified AGI = $74,000

Interest on loan = $1,440

So, we can calculate the amounts Lionel can deduct for interest on higher-education loans by using following formula:

Deduction for Interest = Total interest paid - Amount disallowed

Where, Amount disallowed = ($74,000 - $70,000) ÷ ($85,000 - $70,000) × $1,440

= ($4,000) ÷ ($15,000) × $1,440

= $384

So, by putting the value, we get

Deduction for Interest = $1,440 - $384

= $1,056

6 0

3 years ago

Smith Company manufactures washing machines in their own facility. They sell them to stores like Best Buy and Lowes for ultimate

amm1812

Answer:

The total product cost is $98,230

Explanation:

The product cost is that cost which is related to the manufacturing of a product

The computation of the total product cost is shown below:

= Direct labor + Metal to make the exterior shell of the washing machines + Electricity to run the machinery in the factory + Salary of the manager who oversees the manufacturing

= $20,906 + $50,181 + $18,939 + $8,204

= $98,230

So, this cost which are considered in the computation part is product cost and the rest cost are ignored.

3 0

4 years ago

Suppose that the weight (in pounds) of an airplane is a linear function of the amount of fuel (in gallons) in its tank. When car

Katarina [22]

Answer:

How much does the airplane weigh if it is carrying 55 gallons of fuel?

2433 pounds

Explanation:

W= (2124-1964 )÷(35-10)

w= 160÷ 25

w= 6,4

w= (2331-x)÷ (42-58 )

6,4= (2331-X)÷42-58

X= 6,4*16+2331

X= 2433

7 0

3 years ago