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Sloan [31]
4 years ago
15

Campus Stop is considering a contract to sell merchandise to a campus organization for $27,000. This merchandise will cost Campu

s Stop $15,600. Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage? TIP: The impact on gross profit dollars may differ from the impact on gross profit percentage. (Round "Gross Profit Percentage" to 1 decimal place.)
Business
1 answer:
Nataly [62]4 years ago
7 0

Answer:

We cannot answer this question due to a lack of information:

Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?

all you need to do from here is to compare the figures i computed with the ones you supposed to be given.

Explanation:

Gross profit from contract in $ = Revenue from Contract - Costs

                                                   =  $27,000 -  $15,600

                                                   = $11,400

Gross Profit % = $11,400/$27,000

                 = 42.2%

We cannot answer this question due to a lack of information:

Would this contract increase (or decrease) Campus Stop’s dollars of gross profit and its gross profit percentage?

all you need to do from here is to compare the figures i computed with the ones you supposed to be given.        

 

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Pearl, Inc., has offered $578 million cash for all of the common stock in Jam Corporation. Based on recent market information, J
Lelu [443]

Answer:

$45,000,000

Explanation:

Calculation for the minimum estimated value of the synergistic benefits from the merger

Using this formula

Minimum estimated value of the synergistic benefits =Cash-Independent operation

Let plug in the formula

Minimum estimated value of the synergistic benefits = $578,000,000 – 533,000,000

Minimum estimated value of the synergistic benefits =$45,000,000

Therefore the minimum estimated value of the synergistic benefits from the merger is $45,000,000

3 0
3 years ago
A farmer and a meatpacker use the commodity markets to reduce their risk. One agrees to buy live cattle in the future at a fixed
VLD [36.1K]

Answer:

A farmer is the one that owns the cattle and is ready to sell it on the market demand, while the meatpacker is the one who buys the product and sells it in different parts to the end consumers.

Since they both are using the commodity market to reduce the risk, the farmer will be the one who agrees to sell the cattle in the future at a fixed rate, while the meatpacker will be the one who agrees to buy the cattle in the future at a specified price fixed by him.

Hope this helps. ThankYou.

3 0
3 years ago
Gordon Manufacturing earned net income of $100,000 during 2015. The company wants to earn net income of $40,000 more during 2016
olga_2 [115]

Answer:

$267,142.86

Explanation:

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

As such, the total sales less the total cost gives the net income.

Let the required sales be $Y

Y - 0.3Y - 147,000 = 40,000

0.7Y = 40,000 + 147,000

Y = 187,000/0.7

= $267,142.86

8 0
3 years ago
Read 2 more answers
According to the four-frame model, without the capacity to use multiple frames, managers may become locked into their one favore
Blababa [14]

True.

Managers have to look at aspects of all 4 frames to get a full management perspective:

1. Political

2. Human Resource

3. Structural

4. Symbolic

7 0
4 years ago
in an examination 56% examines failed in Science and 54% failed in Nepali 25 students fail in both the subject if none of the ex
Marianna [84]

Answer:

a) 115 students

b) 110 students

Explanation:

Let x represent the total number of students.

56% examines failed in Science, hence 0.56 examines failed in Science. 54% examines failed in Nepali hence 0.54x examines failed in Nepali. 25 students fail in both the subject and none passed in both subjects, hence:

(0.54x - 25) + (0.56x - 25) + 25 = x

0.54x + 0.56x -x = 25 + 25 - 25

0.1x = 25

x = 250 students

a) The number of examines who failed in Science only = 0.56x - 25 = (0.56 * 250) - 25 = 115

b) The number of examines who failed in Nepali  only = 0.54x - 25 = (0.54 * 250) - 25 = 110

4 0
3 years ago
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