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Licemer1 [7]
3 years ago
7

Wealth is:

Business
1 answer:
laiz [17]3 years ago
5 0

Answer:

b.

Explanation:

Wealth is a term associated with an individual's life-style. This includes all of a person's material assets, including wage, land, stocks, and other types of property. Basically anything and everything that belongs to an individual which provides a certain value to that individual. Thus placing them in a specific economic category.

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1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,400, the
elena-14-01-66 [18.8K]

Answer:

a. Income before advertising budget increase:

= Contribution margin - Fixed costs

= (38 * 3,600) - 79,000

= $57,800

Income after advertising budget increases:

= Sales - Variable expenses - Fixed expenses

Sales = (3,600 + 100 units) * 95 per unit

= $351,500

Variable expenses = 60% * 351,500

= $210,900

Fixed expenses = 79,000 + 8,400 advertising

= $87,400

Income = 351,500 - 210,900 - 87,400

= $53,200

b. Income decreased with the increase in advertising so<u> Advertising budget should not be increased. </u>

5 0
2 years ago
Michael works as a financial advisor in a doctors office. The two organizations that Michael most likely belongs to are the..
dybincka [34]

Michael works as a financial advisor in a health practitioner's office. the 2 agencies that Michael maximum possibly belongs to are the: A. AFP and AMA

A monetary adviser or financial advisor is a professional who offers economic services to clients based totally on their monetary state of affairs. In many nations, financial advisors should whole precise education and are registered with a regulatory body in an effort to provide advice.

A financial advisor is a professional who's paid to offer financial recommendations to customers. simply as you would hire an architect to create a plan for your house, you hire a financial marketing consultant to create a plan for your budget. it is all about paying a person for the know-how you need to reach unique goals.

A monetary guide will now not simplest set you up financially. they could help make choices on the most important existence adjustments like how tons maternity go away can you have the funds to take while having a child. They also can help maintain you on target financially while lifestyles throw you curve balls which include redundancy.

Learn more about financial advisor here: brainly.com/question/28405498

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5 0
2 years ago
How can problem solving skills assist a grade 12 leaver in the world of work
iVinArrow [24]

Answer:

what is a warm front occlusion

6 0
2 years ago
Read 2 more answers
1. You and your best friend are brilliant entrepreneurs who are considering opening your own business tutoring struggling colleg
Anuta_ua [19.1K]

Answer:

a. Accounting profit for the business = $3,500

b. Economic loss = $1,000

c. The two friends can open the business and incur economic loss of $1,000 in the first year of operation.  In subsequent years, the revenue may increase to generate better economic profit.  This is the labor, risk, and reward of entrepreneurship.

d. If the two friends do not go ahead with the business because of the economic loss they suffer in the first year of operation, then they cannot be regarded as entrepreneurs.  They are merely laborers who cannot assume any risk for greater rewards tomorrow.

Explanation:

Cost of business per month:

Operating expenses = $4,000

Lease of building =        2,000

Total expenses =        $6,000

Revenue =                 $10,000

Accounting profit       $4,000

Economic profit:

Revenue =               $10,000

Total expenses =     $6,000

Opportunity costs:

Lost salaries              4,500

Lost Interest                500

Total costs             $11,000

Economic loss =     $1,000

4 0
3 years ago
The following T-account is a summary of the Cash account of Cuellar Company.
Basile [38]

Answer:

D

Explanation:

6 0
3 years ago
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