1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
andreyandreev [35.5K]
3 years ago
9

Justine has just started a company that makes notebooks and other stationery items out of recycled materials. She has decided to

use a profit orientation, and wants to make a 10% profit from all sales. Why is this a bad idea?
Business
1 answer:
Zigmanuir [339]3 years ago
4 0

Answer:

10% is a high-profit margin

Explanation:

Since Justine is just starting her new business this might actually be a bad idea because 10% is a high-profit margin. In new business, you need to start off with very small profit margins in order to attract customers with low prices and grow a loyal customer base. Once the business begins to grow and sales start kicking up then you may begin increasing your profit margins.

You might be interested in
For the most recent year, Triad Company had fixed costs of $190,000 and variable costs of 75% of total sales revenue, earned $58
poizon [28]

Answer:

The computations are as follows

Explanation:

a)  Before tax income  is

 = After Tax Income ÷ (1 - Tax Rate)

= $58,500 ÷ (1 - 0.35)

= $90,000

b) Total Contribution Margin

Contribution Margin = Fixed Costs + Before Tax Income

= $190,000 + $90,000

= $280,000

c) Calculation of Total Sales

Variable Cost is 75% of Sales

SO, Contribution Margin 25% of Sales

Contribution Margin = $280,000

25% of Sales = $280,000

Sales = $280,000 ÷ 25%

         = $1,120,000

d) Break Even Point in dollars

Break Even Point in dollar = Total Fixed Costs ÷ Contribution Margin percentage

= $190,000 ÷ 25%  

= $760,000

We simply applied the above formula

8 0
4 years ago
1.1. define the following concept social change
k0ka [10]

ANSWER:

Social change refers to any significant alteration over time in behaviour patterns and cultural values and norms. By “significant” alteration, sociologists mean changes yielding profound social consequences.

8 0
3 years ago
Match the definitions to the terms.
aalyn [17]

Answer:

nasaan po yung answer di ko maintindhiahn

8 0
3 years ago
Departmental overhead rates are generally preferred to plant-wide overhead rates when:a) the activities of the various departmen
elena55 [62]

Answer:

a) the activities of the various departments in the plant are not homogeneous.

Explanation:

When the activities are homogeneous in nature then common factor for such allocation can be derived.

With that the activities overhead cost would be allocated based on that common factor.

But when the activities are not homogeneous in nature then there can not be any common basis to allocate factory overheads in that case the company uses the plant wide overhead rate that is generally predetermined based on budgets.

8 0
4 years ago
When automakers segment based on age, gender, and stage of family life cycle, this reflects a form of ___________ segmentation,
evablogger [386]

Answer:

demographic

Explanation:

Demographic segmentation is defined as a market segmentation method based on variables such as age, gender, income etc. ... Demographic attributes like age, sex, gender, religion, and educational qualification, play an important role in research

3 0
3 years ago
Other questions:
  • What techniques do you use to focus your time and resources?
    6·1 answer
  • Janeesa drove 75 miles. This represents 60% of her entire trip. What is the total number of miles in Jeneesa's trip?
    15·2 answers
  • Artis Sales has two store locations. Store A has fixed costs of $145,000 per month and a variable cost ratio of 60%. Store B has
    12·1 answer
  • Suppose that the wage is $20 per hour in a two-sector (manufacturing and agriculture) specific-factors model. Currently, the pri
    11·1 answer
  • Please help 10 good pg 13 thrillers
    7·1 answer
  • Neeed helppp
    5·2 answers
  • Question in picture
    12·1 answer
  • Bond X is a premium bond making semiannual payments. The bond has a coupon rate of 9.2%, a YTM of 7.2%, and has 17 years to matu
    14·1 answer
  • Abc buys widgets for $5 cash and sells them on account for $8. From a cash flow perspective, the receivable is valued at?.
    9·1 answer
  • 4. Imagine that you use character data to program the information about the colors
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!