All categories

3 years ago

8) This is the difference between how much money a business makes and how much it costs to make their goods.

Business

2 answers:

ddd [48]3 years ago

8 0

Answer:

The answer is Profit. more specifically, its the "Operating Profit".

Explanation:

the operating profit measures the initial profit from sales/revenues and the cost of production. However, this does not include periodic expenses such as administration costs, financial costs and distribution costs.

Valentin [98]3 years ago

4 0

Answer:

profit

Explanation:

You might be interested in

Qiang is a project manager at Enigma Industries and is able to borrow specialists from the organization on a regular basis to as

Alenkasestr [34]

Answer:

matrix organizational structure

Explanation:

When a company works under a matrix organizational structure, specialists from different parts of the organization are brought together on a temporary basis to work on specific projects. It is common for employees to report to both a functional manager (traditional manager) and a product manager (project manager).

3 0

3 years ago

Capital brought into a business in exchange for a percent of ownership in the business is called

neonofarm [45]

Answer:

D: Equity financing

Explanation:

Equity is ownership in the business - equity financing means giving up ownership in order to secure financing.

3 0

3 years ago

Indicate what components of GDP (if any) each of the following transactions would affect. a. Your parents buy a new house from a

Ira Lisetskai [31]

Answer:

a. Consumption spending

b. consumption spending

c. government spending

d. investment

e. consumption and investment

f. consumption spending

g. not included in GDP

Purchase of a Toshiba laptop is consumption spending

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.

Items not included in the calculation off GDP includes:

1. services not rendered to oneself

2. Activities not reported to the government

3. illegal activities

4. sale or purchase of used or old products

5. sale or purchase of intermediate products

Consumption spending includes expenditures by households on durable and non durable goods and services

the following are durable consumption by households and are included in the calculation of GDP :

Purchase of a house

Purchase of a mustang

Purchase of an air conditioner

purchase of a computer

the purchase of the old Victorian house isn't included in the calculation of GDP because it is old. Only items produced in the current year are included in the GDP. if the old home is counted, it would be double counting

hiring an accountant is an example of purchase of services by households and it is consumption spending.

Spending by businesses are included in investment spending.

expenditure by the government or state are included in government spending

4 0

3 years ago

During the current year, the company purchased equipment for $212,000 on October 1. It is estimated the equipment will have a us

qwelly [4]

Answer:

$6250

$5000

$5250

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

($212,000 - $12,000) / 8 = $25,000

The machine was used for only 3 months in the fiscal year. Thus, the depreciation expense = $25,000 x (3/12) = $6250

Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)

(1000 / 40,000) x ($212,000 - $12,000) = $5000

Activity method based on hours worked = (hours worked that year / total hours of the machine) x (Cost of asset - Salvage value)

($212,000 - $12,000) x (525 / 20,0000) = $5250

7 0

3 years ago

Check my workCheck My Work button is now enabledItem 15 Time Remaining 2 hours 27 minutes 1 second02:27:01 Exercise 8-16 Direct

Step2247 [10]

Answer:

Zan Corporation

Production Department

Quarters 1st 2nd 3rd 4th Total

1. Raw materials 50,000g 62,000g 54,000g 44,000g 210,000g

Purchased

2. Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

3. Total disbursement $38,880 $68,640 $68,640 $57,520 $233,680

4. Direct labor costs $11,500 $18,400 $16,100 $13,800 $59,800

Explanation:

a) Data and Calculations:

Forecast Production

Quarters 1st 2nd 3rd 4th Total

Units to be produced 5,000 8,000 7,000 6,000 26,000

Grams required 40,000g 64,000g 56,000g 48,000g 208,000

Beginning Inventory 6,000g 16,000g 14,000g 12,000g 6,000g

Raw materials purchase 50,000g 62,000g 54,000g 44,000g 210,000g

Ending Inventory 19,200g 16,800g 14,400g 9,600g

Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

Beginning Inventory cost 7,200 19,200 16,800 14,400

Total Cost of materials $67,200 $93,600 $81,600 $67,200

Cost of materials used $48,000 $76,800 $67,200 $57,600

Grams required by 1 unit 8 gm

Cost of 1 gm = $1.20

Ending Raw materials

25% of next quarter's 16,000gm 14,000gm 12,000gm 8,000gm

Accounts Payable

Beginning balance $2,880

Cost of purchases $60,000 $74,400 $64,800 $52,800 $252,000

Cash Disbursement for purchases of materials:

Cash Payment: 1st 2nd 3rd 4th Total

60% quarter acquired 36,000 44,640 38,880 31,600

40% in ffg quarter 2,880 24,000 29,760 25,920

Total disbursement $38,880 $68,640 $68,640 $57,520 $233,680

Cost of direct labor:

Each unit requires 0.20 direct labor-hours at $11.50 per hour

Quarters 1st 2nd 3rd 4th Total

Units to be produced 5,000 8,000 7,000 6,000 26,000

Total direct labor-hours 1,000 1,600 1,400 1,200 5,200

Direct labor costs $11,500 $18,400 $16,100 $13,800 $59,800

7 0

3 years ago