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Alexus [3.1K]
3 years ago
5

Mr. Merritt lists 6 key traits of a leader. What are they

Business
1 answer:
Burka [1]3 years ago
3 0

Answer:

1. Vision

2. Optimism

3. Adaptability

4. Strong communication skills

5. Confidence

6. Decisiveness

Explanation:

You might be interested in
Sales (19,500 units at $30 per unit) $585,000 Variable expenses 409,500 Contribution margin 175,500 Fixed expenses 180,000 Net o
vichka [17]

Answer:

                                                                                                   Automated

Sales (19,500 units at $30 per unit)            $585,000            $585,000

Variable expenses                                        409,500               351,000

Contribution margin                                       175,500              234,000

Fixed expenses                                              180,000              252,000

Net operating loss                                          $(4,500)           $( 18,000)

New Cm ratio=  Contribution Margin/ Sales Revenue

                      = $ 234,000 $ 585,000 = 0.4

Break-even point in  dollars=  Fixed Costs/ 1- (variable Cost/ Sales)

                                            =  252,000/ 1- (351,000/ 585,000)

                                             = 252,000/ 1-0.6

                                               = 252,000/0.4= $ 630,000

The resulting $ 630,000 is the break even point at which neither a loss nor a profit is incurred.This can be checked as follows.

Sales                                                                         $ 630,000

Variable Costs  ( 60 % $ 630,000)                          $ 378,000

Contribution Margin                                                   $ 252,000

Less Fixed Expense                                                   <u>$ 252,000</u>

Profit                                                                           <u>       0            </u>

Break even point in units =  Fixed Costs/ Contribution Margin in units

                                         = $ 252,000/ (30-18)

                                          =$ 252,000/ $ 12= 21,000 units

Two Contribution format Income Statements:

                                                                                                   Automated

Sales (26,000 units at $30 per unit)           $780,000            $780,000

Variable expenses                                        546,000               468,000

Contribution margin                                       234,000                312,000

Fixed expenses                                              180,000              252,000

Net operating Profit                                     $ 54,000                $ 60,000

Working:

Variable Costs per unit = $ 409500/19500=  $ 21

After reduction variable costs = $ 21- $3= $ 18

4 0
3 years ago
What is Jared's accounting profit? Suppose Jared could have used his talents to run a similar kind of business instead. If he va
Deffense [45]

Answer:

Explanation:

I think your question is missed of key information, allow me to add in and hope it will fit the original one.  

<em>After working as a head chef for years, Jared gave up his $60,000 salary to open his own restaurant last year. He withdrew $50,000 of his own savings that had been earning 4% interest and borrowed another $100,000 from the bank at a rate of 5%. As the restaurant space he was leasing had no separate office, Jared converted his basement apartment into office space. He had previously rented the apartment to a student for $300/month. The following table summarizes his operations for the past year. </em>

<em>Total sales revenue    $590,000       </em>

<em>  Employee wages $120,000   </em>

<em>  Materials                 $350,000   </em>

<em>  Interest on loan $5,000   </em>

<em>  Utilities                 $10,000   </em>

<em>  Rent                 $25,000   </em>

<em>Total explicit costs              $510,000 </em>

<em>a, What is Jared's accounting profit? </em>

<em>b, Suppose Jared could have used his talents to run a similar kind of business instead. If he values his entrepreneurial skill at $10,000 annually, find Jared's total implicit costs. </em>

<em>c, What was Jared's economic profit last year?</em>

My answer:

a. , What is Jared's accounting profit?

As we know that accounting profit is the difference between total sales revenue and Total explicit cost, from the table we can find that:

$590,000  - $510,000  = $80,000 is the accounting profit

b. Jared's total implicit costs.

Implicit costs include his foregone wages ($60,000), the value of his entrepreneurial skill ($10,000), foregone rent on the apartment ($3,600 = 12 x $300) plus the foregone interest on his savings ($2,000 = .04 x $50,000). These total $75,600.

c. What was Jared's economic profit last year?

Explicit plus implicit, was $585,600 = $510,000 + $75,600. His economic profit is the difference between revenue and economic cost, or $4,400 (= $590,000 – $585,600).

8 0
3 years ago
An insured purchased an insurance policy 5 years ago. last year, she received a dividend check from the insurance company that w
grandymaker [24]
Dang this question is pretty hard
7 0
3 years ago
Temperature and Chemicals are used in which process?​
Tju [1.3M]

Answer:

Cooking

Explanation:

because cooking use heat. heat is a temperature and chemicals is gas.

3 0
3 years ago
A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water. Calculate the morality, molality, and mole fraction of
maks197457 [2]

The morality, molality, and mole fraction of NaOH is mathematically given as

  1. morality= 4 ppm
  2. molality=0.7936m
  3. x1 = 0.152

What are the morality, molality, and mole fraction of NaOH?

Question Parameters:

A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water.

Generally, the equation for the Molality   is mathematically given as

molality = (mass / molar mass) x (1/ weight of solvent kg)

Therefore

M= (800 /40) x (1 /25.2)

M=0.7936m

Therefore

m= 10 x 18 / 1000

m= 0.18

Hence

x1 = 0.18 - 0.18 x1

1.18 x1 = 0.18

x1 = 0.152

Where the mole fraction is x1 = 0.152 The mass is

m= (800 / 800 + 2000) x 1000

m= 28.57 %

Hence the morality

molality = mg /L

molality= 8000 x 10^-3 / 2 L

morality= 4 ppm

In conclusion, the morality, molality, and mole fraction of NaOH are given respectively as

morality= 4 ppm

molality=0.7936m

x1 = 0.152

Read more about Molarity

brainly.com/question/9149034

4 0
2 years ago
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