Answer:
1. Operating leverage = Contribution margin / Net income
Beck Inc.
Operating leverage = $500,000 / $100,000
Operating leverage = 5
Bryant Inc.
Operating leverage = $750,000 / $300,000
Operating leverage = 2.5
2. Income from operations increase = Increase in sales * Degree of operating leverage
Dollar increase = Net income * Percentage
Beck Inc.
Percentage = 5*20 = 100% (Income from operations increase)
Dollar increase = $100,000 * 100% = $100,000
Bryant Inc.
Percentage = 2.5*20 = 50% (Income from operations increase)
Dollar increase = $300,000 * 50% = $150,000
Complete Question:
Sam Consultancy has a large internal project to be initiated. To staff this project, Sam Consultancy is working with People Consultancy to provide three resources for six months. The resources will be part of the team managed by Sam Consultancy for six months. Which contract type should be used by Sam Consultancy?
Group of answer choices
a. Purchase Order
b. Cost plus Fee
c. Fixed cost
d. Time and Material
Answer:
d. Time and Material
Explanation:
Time and material is a type of contract used mostly for construction or manufacturing services, in which the client pays the contractor's employees (workers) based on the amount of time spent and quantity of materials used for the execution of the project.
Generally, a Time and Material (T&M) is peculiar to projects that cannot be easily estimated by size or duration and when project requirements are likely to be changed.
<em>Hence, a Time and Material (T&M) contract is considered to be more flexible and suitable for a long-term project than a fixed-cost contract. </em>
Here is the answer of the given question above.
Based on McClelland’s Theory of Growth Needs, there are three needs which are: need <span>for achievement</span><span>, need for power, and need for affiliation. In Greene's case which is being unhappy despite his high income, </span>his need for achievement and need for power aren’t <span>fulfilled</span><span>. Hope this answer helps. </span>
<u>Answer: </u>Sum of transactions and asset demand for money
<u>Explanation:</u>
Demand for money means the quantity of money that people want to hold while the quantity of money is available to them based on the economic situation. The transactions which the people are willing to make is a determinant to money demand. Transactions such as paying rent, buying groceries, making repair etc. holding on a part of transactions to pay for future transactions is the demand for money.
Some hold back money for the purpose of speculative increase of the value. When the interest rates of investing in assets is more that grows the value of the money held. This demand is the asset demand for money.