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ozzi
4 years ago
14

1. The level of prices and the value of money

Business
1 answer:
Marizza181 [45]4 years ago
8 0

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

In year one, the basket costs $8.00.

In year two, the price of the same basket is $7.00.

Deflation= (7/8)-1= - 12.5%

In year one, $40.00 will buy ________ baskets, and in year two, $40.00 will buy ________ baskets.

Year 1= 40/8= 5 baskets

Year 2= 40/7= 5.71 baskets

The value of money rises.

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What should customer service representatives use to achieve a win-win outcome between customers and their employer?
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3 years ago
Operating Leverage
amid [387]

Answer:

Degree of operating leverage= 1.4

Explanation:

Giving the following information:

Sales $6,160,000

Variable costs (4,620,000)

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<u>To calculate the degree of operating leverage, we need to use the following formula:</u>

degree of operating leverage= Total contribution margin / operating income

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3 0
3 years ago
Which child care position will you be qualified for when you finish this Penn Foster program?     
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3 years ago
Read 2 more answers
Refer to the Zumba Corporation data above. Compute the current ratio: Then compute the quick ratio
charle [14.2K]

Answer:

B) 1.20

Explanation:

To find the current ratio we will divide current assets with current liabilities and find the quick ratio we just need to deduct inventory and prepaid expense from current assets in the same current ratio formula.

Data

Current assets = $7,900

Prepaid rent = $898

Inventory = $2,200

Current liabilities = $4,000

Solution

Current ratio = current asset/curremy liability

Current ratio = $7900/$4000  

Current ratio = 1.975

 

Quick ratio = current asset - Inventories -prepaid rent / current liability

Quick ratio=$7,900-$2,200-$898/$4,000

Quick ratio = 1.20  

8 0
3 years ago
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