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N76 [4]
3 years ago
9

Canedo Incorporated reported the following results from last year’s operations: Sales $ 9,600,000 Variable expenses 7,170,000 Co

ntribution margin 2,430,000 Fixed expenses 1,470,000 Net operating income $ 960,000 Average operating assets $ 4,000,000 At the beginning of this year, the company has a $700,000 investment opportunity with the following characteristics: Sales $ 2,310,000 Contribution margin ratio 60% of sales Fixed expenses $ 1,201,200 If the company pursues the investment opportunity and otherwise performs the same as last year, the combined turnover for the entire company will be closest to:
Business
1 answer:
marshall27 [118]3 years ago
7 0

Answer:

2.53

Explanation:

The computation of the combined turnover for the entire company is shown below;

Combined turnover is

= Combined sales ÷ combined assets

where,

Combined sales is

= $9,600,000 + $2,310,000

= $11,910,000

And,

Combined Assets is

= $4,000,000 + $700,000

= $4,700,000

So, Combined Turnover is

= $11,910,000 ÷ 4,700,000

= 2.53

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Answer:Only statements 1 and 2 are correct

Explanation: An effective team involves people who interact with each other to accomplish certain goals or meet certain needs. Team members work intensely with each other to achieve a specific, common goal or objective. This therefore attracts other people to them, that is magnetism. In as much as they look out to achieve their goals, they are also interested in others' success.

7 0
3 years ago
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After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automo
Savatey [412]

Answer:

The answer is option C. car owners wanting car repairs and supply represented by automotive and glass repair and replacement companies.

Explanation:

After earthquakes hit the California coast and damaged tens of thousands of cars, there was a growing demand and need for automotive repair, glass replacement, dent repair and repainting.

Demand is a good or service that consumers are willing and able to purchase at various prices during a given period of time.

In this situation, the car owners are wanting car repairs will be willing to purchase glass and other damaged parts of the car, as well as pay for the services of repairs.

While the automotive and glass repair and replacement companies will handle the supplies and repairs.

4 0
3 years ago
If the reserve requirement is 10 percent and the central bank sells 10,000 in government bonds on the open market, the money sup
sertanlavr [38]

If the reserve requirement is 10 percent and the central bank sells 10,000 in government bonds on the open market, the money supply will <u>decrease by a maximum of $100,000.</u>

<h3>What is Reserve Requirement?</h3>
  • The amount of money that a bank must have in reserve in order to pay its obligations in the event of unforeseen withdrawals is known as the reserve requirement.
  • The central bank uses reserve requirements as a tool to alter the amount of money in the economy and affect interest rates.
  • Based on a portion of the cash that customers have on hand, banks lend them money.
  • In exchange for this power, the government imposes one obligation on them to maintain a minimum balance of deposits to cover potential withdrawals.
  • The reserve requirement is the amount that banks must hold in reserve and are not permitted to lend above.

To learn more about reserve requirement with the given link

brainly.com/question/17348419

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8 0
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HELP ME PLEASE I WILL GIVE BRAINLIEST!!!
Sav [38]

Answer:

I beleive this one would be a bit of a matter of opinion when it comes down to it, but personally I would call it a bit unethical.

Explanation:

Escpecially when it comes to something like medication, it feels unethical to be advertising yourself as the only brand that will work. In my mind unique selling proposition would be focusing on what differentiates your product from others (example, my product can provide 48 hour vs other brands that only offer 24 hour) Simply stating their brand is the only solution feels unethical and does not provide ample evidence of this claim to customers in my opinion. I don't think it would be considered illegal, but in my mind its tiptoeing the line of ethics.

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An investor in a T-bill earns interest by _________.
Mandarinka [93]
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