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3 years ago

Hannah needs a saving tool to set up an emergency fund.witch of the following saving tools should Hannah choose?

Business

2 answers:

Komok [63]3 years ago

6 0

You need to give the answer choices, but a bank account is good, savings account, or insurance

allochka39001 [22]3 years ago

5 0

Explanation:

There are depository institutions that deposit the money which people save and want to secure. Such accounts are called the saving tools. There are four types of saving tools that include Saving Accounts, Money Market Deposit Accounts, Checking Accounts and Certificates of Deposits. Every account is used to secure money which people saved for themselves. Saving Accounts and Certificates of Deposits are commonly popular among people. People deposit their saved amounts and can enjoy a pretty amount of interest on their saved money while keeping their principal amount secure.

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Lemony lemonade has 3,200 gallons of lemonade in wip inventory, with 76% of materials already added. The lemonade is 50% thr

rosijanka [135]

Based on the process that Lemony Lemonade uses to make lemonade, the equivalent units for conversion costs is 1,600 units.

<h3>What equivalent units are for conversion costs?</h3>

This can be found as:

= Number of units that are WIP x Percentage of completion

Solving gives:

= 3,200 x 50%

= 1,600 units

Find out more on equivalent units at brainly.com/question/16259709

#SPJ1

4 0

1 year ago

Break-Even Sales Under Present and Proposed Conditions

solong [7]

Answer:

<h3>Portmann Company</h3>

1. Total variable costs = $89,000,000

Total fixed costs = $40,600,000

2. a Unit variable cost = $89

b. Unit contribution margin = $100

3. Break-even sales (units) = Fixed cost/Contribution margin per unit

= $40,600,000/$100

= 406,000 units

4. Break-even sales (units) = Fixed cost/Contribution margin per unit

= $45,100,000/$100

= 451,000 units

5. Break-even sales (units) to achieve target profit = (Fixed cost + Target Profit)/Contribution margin per unit

= ($45,100,000 + $59,400,000)/$100

= 1,045,000 units

6. Maximum operating income possible with the expanded plant is:

= $61,900,000

7. Operating income if the proposal is accepted and sales remain at the current level is:

= $54,900,000

Explanation:

a) Data and Calculations:

Sales volume during current year = 1,000,000

Sales price per unit during current year = $189

Income statement is as follows:

Sales $189,000,000

Cost of goods sold (101,000,000)

Gross profit $88,000,000

Expenses:

Selling expenses $16,000,000

Administrative expenses 12,600,000

Total expenses (28,600,000)

Operating income $59,400,000

Variable Fixed

Cost of goods sold 70% 30%

Selling expenses 75% 25%

Administrative expenses 50% 50%

Total variable costs for the current year:

Variable

Cost of goods sold 70% * $101,000,000 = $70,700,000

Selling expenses 75% * $16,000,000 = 12,000,000

Administrative expenses 50% * $12,600,000 = 6,300,000

Total variable costs = $89,000,000

Variable unit cost = $89 ($89,000,000/1,000,000)

Contribution per unit = $100 ($189 - $89)

Total fixed costs for the current year:

Fixed

Cost of goods sold 30% * $101,000,000 = $30,300,000

Selling expenses 25% * $16,000,000 = 4,000,000

Administrative expenses 50% * $12,600,000 = 6,300,000

Total fixed costs = $40,600,000

Projected sales for the next year = $202,230,000 ($189,000,000 + $13,230,000)

Percentage Increase in sales for the next year = $13,250,000/$189,000,000 * 100 = 7%

Fixed costs caused by expansion = $4,500,000

Total fixed costs = $45,100,000 ($40,600,000 + $4,500,000)

Variable costs = $95,230,000 ($89,000,000 * 1.07)

Contribution margin:

Sales $202,230,000

Variable costs 95,230,000

Contribution margin $107,000,000

Expenses:

Fixed costs 45,100,000

Operating income $61,900,000

Sales volume = 1,070,000 units (1,000,000 * 1.07)

Contribution per unit = $107,000,000/1,070,000 = $100

Sales at current level:

Sales $189,000,000

Variable costs 89,000,000

Contribution $100,000,000

Fixed costs 45,100,000

Operating income $54,900,000

6 0

2 years ago

Which of the following policies is the government most inclined to use when faced with a positive externality? Group of answer c

In-s [12.5K]

Answer:

subsidies

Explanation:

Subsidies refer to financial aid for some specific purpose and to some specific category as decided by the government. As for the instance the government can provide subsidy in the form of house to poor people in the country.

Now here the rich people can afford their own houses and that they can pay the taxes as well which are attached to the the houses, which provide extra benefit to the poor, as the government can provide the subsidy then more efficiently.

The positive externalities increase the benefits for every citizen.

4 0

2 years ago

The marketing manager for Mountain Mist soda needs to decide how many TV spots and magazine ads to run during the next quarter.

spayn [35]

Answer: The LP model is given as :

max: 1.180( 420000 A + 500000 B )

subject to : (a.) 7000 A + 2500 B ≤ 100000

(b.) 7000 A ≤ 70000

(c.) 2500 B ≤ 50000

Explanation:

Let us assume;

A be the no. of T.V spots

B be the no. of magazine spots

Given:

(a.) Mountain Mist earns a profit margin of $1.80 on each case of soda that it sells.

(b.) Each TV spot costs $7000 and is expected to increase sales by 420,000 cases.

(c.) Each magazine ad costs $2500 and is expected to increase sales by 500,000 cases.

∴ The objective function of this model will be given as :

max: 1.180( 420000 A + 500000 B )

(d.) A total of $100,000 may be spent on TV and magazine ads combined.

(e.) Mountain mist wants to spend no more than $70,000 on TV spots and no more than $50,000 on magazine ads.

∴ The subjective function will be :

(a.) 7000 A + 2500 B ≤ 100000

(b.) 7000 A ≤ 70000

(c.) 2500 B ≤ 50000

∴ The LP model is given as :

max: 1.180( 420000 A + 500000 B )

subject to : (a.) 7000 A + 2500 B ≤ 100000

(b.) 7000 A ≤ 70000

(c.) 2500 B ≤ 50000

4 0

3 years ago

________ entails even closer economic integration and cooperation than a common market. Group of answer choices A customs union

Goshia [24]

Answer:

An economic union

Explanation:

Economic integration can be defined as a strategic trade arrangement between countries to eliminate or mitigate trade barriers, as well as coordinate fiscal and monetary policy among its members.

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time. There are different types of market or trade bloc used in economic integration and these includes;

I. Customs union

II. Free trade area

III. Common market

IV. Political union

VI. Economic union

An economic union can be defined as a trade bloc which comprises of both customs union and a common market.

In a common market, there are free movement of the factors of production and no barrier to trade between member countries. Also, a common market establishes a common external trade policy for non-member countries.

However, an economic union entails even closer economic integration and cooperation among member countries than a common market because it combines customs union and a common market.

8 0

3 years ago