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Zanzabum
3 years ago
12

Joe and karina depend on both of their salaries to afford their mortgage. karina recently lost her job and they are worried that

they may have to sell their house. joe wants to talk about their situation with their family and friends, but karina is still sensitive about losing her job and possibly her house, and wants to keep it between them. after much discussion, they jointly decide to just tell their immediate family. what communication concept does this demonstrate?
Business
1 answer:
WINSTONCH [101]3 years ago
7 0

Answer:

The Communication Privacy Management Theory

Explanation:

The Communication Privacy Management Theory studies the ways that people think about and make decisions surrounding how to reveal or hide private information.

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Lincoln, Inc., which uses a volume-based cost system, produces cat condos that sell for $90 each. Direct materials cost $15 per
pogonyaev

Answer:

The gross profit margin for the cat condo is 50%

Explanation:

Since the gross profit per unit is not given, so first we have to find it. The calculation is shown below:

= Selling price per unit - Direct materials cost per unit - direct labor costs per unit - Manufacturing overhead per unit

= $90 per unit - $15 per unit - $10 per unit - $20 per unit ( $10 per unit × 200%)

= $45 per unit

Now apply the Gross profit formula which is shown below:

= (Gross profit per unit ÷ selling price per unit) × 100

= ($45 per unit ÷ $90 per unit) × 100

= 50%

7 0
3 years ago
Last month when Holiday Creations, Inc., sold 35,000 units, total sales were $300,000, total variable expenses were $234,000, an
Stolb23 [73]

Answer:

See below

Explanation:

1. Contribution margin ratio

= (Sales - Variable cost) / Sales

Sales = $300,000

Variable cost = $234,000

Contribution margin = ($300,000 - $234,000) / $300,000

= 0.22

= 22%

Hence, contribution margin ratio is 22%

2. Change in the net operating income if it can increase total sales by $2,500

Contribution margin of $2,300 = $2,300 × 22%

= $506

Operating income for $300,000 sales is

= Sales - total variable expenses - fixed expenses

= $300,000 - $234,000 - $38,700

= $27,300

If sales is $302,500 the net operating income would be

= $27,300 + $506

= $27,806

• It therefore means that the net operating income will increase by $506

3 0
3 years ago
SafeMark Financial Inc. was organized on February 28. Projected selling and administrative expenses for each of the first three
andrew-mc [135]

Answer:

70% paid in the month of expenses and remaining paid in next month i.e. (78,400 - 10,000) * 70% = 47,880. (78,400 - 10,000) * 30% = 20,520.

Explanation:

5 0
3 years ago
Marcus can afford a monthly mortgage payment of $900. If he is eligible for a 30-year, 5% mortgage (where the mortgage factor is
tigry1 [53]

Answer:

option (c)  $167,597.77

Explanation:

Data provided in the question:

Monthly mortgage payment = $900

Duration of loan, n = 30 years = 360 months

Interest rate = 5%

Monthly rate of interest = 5% ÷ 12 = 0.4167% = 0.004167

Now,

Mortgage loan can he afford

= Monthly mortgage payment × [ (1 - ((1 + r)ⁿ)⁻¹ ) ÷ r ]

= $900 × [ (1 - ((1 + 0.004167)³⁶⁰)⁻¹ ) ÷ 0.05 ]

= $167,597.77

Hence,

The answer is option (c)  $167,597.77

7 0
3 years ago
Explain how the costs of poor quality can affect competitiveness.
Soloha48 [4]
The competitiveness of a good usually depends on two key factors: its price, and its quality. While poor quality goods are less competitive from a quality perspective but poor quality goods are usually cheaper to produce resulting to a lower final price. So overall, the lower the cost and the higher the quality the more competitive a good is.
8 0
3 years ago
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