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GrogVix [38]
3 years ago
7

A retailer spends a $500 per month to keep its online shop active and updated. The store acquires shirts at a cost of $5 per shi

rt. Each shirt sells for a marginal benefit of $10 per shirt.
How many shirts would you have to sell for it’s marginal benefits to be greater than its total costs?
Business
1 answer:
Vesnalui [34]3 years ago
3 0

Answer:

100 shirts

Explanation:

Borrowing from the contribution margin concept, the level where the marginal benefit is greater than total costs is the break-even point.

Break-even point = fixed cost / contribution margin per unit.

For this retailer,

Fixed costs are $500,

The contribution margin per unit = selling price- variable cost

=$10-$5

=$5

Break-even point

= $500/$5

= 100units

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The capital account records Question 2 options:
Paraphin [41]

Answer:

c. transactions involving foreign investment in the United States and U.S investment abroad.

Explanation:

The capital account provides the record of foreign investment transactions occurring between a country and another country. It gives an idea of money coming in and out of the state. A surplus in the capital account record is indicative of the inflow of money in the country, while a deficit indicates the loss of money.

Debt accrued by a country, banking, loans and investment are all reflected in the capital account record. So, for a person to determine a nations assets and liabilities, the capital account would provide an accurate insight to that information.

3 0
3 years ago
According to the U.S. Department of Labor Statistics, in 2009 high school graduates made approximately _____ more a year than th
iragen [17]
<span>According to the U.S. Department of Labor Statistics, in 2009 high school graduates made approximately $ 32,544/Year, <span>whereas</span>,</span><span> those who did not complete high school </span>made approximately $23,664.
Which mean the ones who graduated the high school earned around $10,000 more than the ones without a high school degree.

3 0
3 years ago
Read 2 more answers
One year ago, JK Mfg. deposited $12,000 in an investment account for the purpose of buying new equipment four years from today.
DiKsa [7]

Answer:

Cash available after the final deposit 41,463.52

Explanation:

Principal * (1+ r)^{time} = Ammount

12,000 * (1+ .055)^{5} = Ammount

The 12,000 capitalize for 5 years

15,638,52

15,000 * (1+ .055)^{1} = Ammount

Capialize for 1 year

15,825

10,000 this deposit doesn't capitalize is deposit to complete and purchase the equipment

15,638.52 + 15,825 + 10,000 = 41,463.52

5 0
4 years ago
ABC Farm Supplies has adopted policies and procedures designed to eliminate non-discriminatory practices in hiring and promoting
ikadub [295]

Answer:

Affirmative action

Explanation:

This is a term that describes effort or action to recruit disadvantaged groups or groups previously excluded. This is also used to ensure gender balancing in organisations. Some organisations consciously seek to fill up top positions at their board with women. The Beijing conference on women empowerment sought for increased women participation in key decision positions.

ABC effort can be described as an Affirmative action towards recruiting a group that was previously disadvantaged or discriminated upon previously.

8 0
3 years ago
Two companies, A and B, both have $1 million in assets, earnings before interest and taxes (EBIT) of $160,000, and the same tax
Stella [2.4K]

Question Completion with Options:

A) lower, higher

B) higher, higher

C) lower, lower

D) higher, lower

Answer:

Companies A and B

If Company B's pretax cost of debt is 8%, then Company A will have a ROA that is __higher___ and a ROE that is __lower___ than Company B's.

a. Option D

Explanation:

a) Data and Calculations:

                           Company A       Company B

Assets                 $1,000,000       $1,000,000

EBIT                          160,000            160,000

Tax rate = same

Equity                       100%                 50%

Debts                           0%                 50%

Equity                 $1,000,000         $500,000

Debts                        $0                 $500,000

Pretax cost of debt    0%                   8%

Interest expense     $0                   $40,000

Pretax income      $160,000         $120,000

ROA (Return on assets) = Pretax income/Assets * 100

=                             16%                     12%

ROE (Return on equity) = Pretax income/Equity * 100

=                             16%                    24%

8 0
3 years ago
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