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2 years ago

11

if shelly is selling seashells at $5.00 a piece which costs her $2.00 and all of her expenses for running her business are $300

a month and she expects to sell 20 seashells a week, how long will it take her to reach the breakeven point?

1 answer:

spin [16.1K]2 years ago

5 0

Answer:

60 days or we can say about 2 months

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Lazer industries, inc. manufactures medical equipment parts and accessories. assume all amounts are pre-tax and a 21% tax rate f

vodka [1.7K]

The multi-step Income Statement for Lazer Industries, Inc. for the year ended December 31, 20x1 is as follows:

Lazer Industries, Inc.

<h3>Multi-step Income Statment</h3>

For the year ended December 31, 20x1

Net sales $1,200,000

Cost of goods sold $300,000

Gross profit $900,000

Expenses:

Selling, general and administrative $170,000

Operational income $730,000

Interest expense $150,000

Ordinary Income before tax $580,000

Gain on sale of

discontinued operations $400,000

Gain on sale of investments $30,000

restructuring charges ($20,000)

Taxable income $990,000

Tax on ordinary income $207,900

Net income $782,100

<h3>What is a multiple-step income statement?</h3>

A multiple-step income statement is an income statement that categorizes incomes and expenses into operating and non-operating heads so that the net income can be computed after taking into account operating, ordinary, and extraordinary revenues and expenses.

Learn more about multiple-step income statements at brainly.com/question/16945611

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1 year ago

Francis interviews two candidates for an administrative assistant position that will require a fair amount of project management

Sholpan [36]

Answer:

The correct answer is (c)

Explanation:

In this situation, Francis will select the second candidate based on his cognitive abilities. There are various aspects which employers would like to see in a candidate, for example, education, experience, professionalism and many other qualities including cognitive abilities. Cognitive ability shows candidates seriousness towards a job their abilities, how focus they are and their mental strength.

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2 years ago

"Probably the most fertile areas for career opportunities today can be found in the investments and financial markets fields. "

kkurt [141]

Answer:

Yes, I think these two fields are the most attractive fields for career opportunities

Explanation:

Following are the reasons why investment and financial institutions are most fertile areas for future and current career opportunities:

Growing Economies: The economies are growing and the wealth is been created as different countries are busy in creating comparative advantages and this has uplifted the living standards of their people.The uplift in living standards of people have created increased investment in financial institution. This is the reason why investment and financial institutions are very attractive to all of the investors.
Growing Population and technological advancements has also increased the demand for investments in different sectors which has increased the demand for investment and financial institutions to resolve the funding gap between the investor and the company.
The complexity related to the management of treasury departments of companies has increased in the past 2 decades which has resulted in over reliance of treasury departments on the investment and financial institutions.
The investment and financial institutions has introduced new products like futures, options, mutual funds, fixed rate account, etc which has increased the investment.
The government policies for ease of business also includes the easing the financial institution to provide finance to fund seekers to uplift the economy shows how important is the role of the financial institutions.

As the companies are entering international markets, the use of financial products has been increased and near future we will have millions of multinational organizations using investment and financial institution's products.

7 0

2 years ago

Explain the marketing concept

Orlov [11]

Answer:

Marketing is the process of getting the right goods or services or ideas to the right people at the right place, time, and price, using the right promotion techniques and utilizing the appropriate people to provide the customer service associated with those goods, services, or ideas. This concept is referred to as the “right” principle and is the basis of all marketing strategy. We can say that marketing is finding out the needs and wants of potential buyers (whether organizations or consumers) and then providing goods and services that meet or exceed the expectations of those buyers. Marketing is about creating exchanges. An exchange takes place when two parties give something of value to each other to satisfy their respective needs or wants. In a typical exchange, a consumer trades money for a good or service. In some exchanges, nonmonetary things are exchanged, such as when a person who volunteers for the company charity receives a T-shirt in exchange for time spent. One common misconception is that some people see no difference between marketing and sales. They are two different things that are both part of a company’s strategy. Sales incorporates actually selling the company’s products or service to its customers, while marketing is the process of communicating the value of a product or service to customers so that the product or service sells.

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2 years ago

Suppose that over one range of prices, the absolute value of the price elasticity of demand varies from 15.0 to 2.5, and over

Vera_Pavlovna [14]

Answer:

In the first range of prices (with PED 15 - 2.5) as the price of the good or service falls, total revenue should increase. Imagine that a 1% reduction in price will result in a 15% increase in quantity demanded. The same happens when PED = 2.5, since a 1% reduction will increase quantity demanded by 2.5%.

e.g. price = $100, quantity demanded = 100, total revenue = $10,000

price falls to $99, quantity demanded increases to 115, total revenue = $11,385
price falls to $99, quantity demanded increases to 102.5, total revenue = $10,147.50

On the other range (PED = 1.5 - 0.75) as the price of the good or service falls, at first total revenue will increase but then it will decrease.

e.g. price = $100, quantity demanded = 100, total revenue = $10,000

price falls to $99, quantity demanded increases to 101.5, total revenue = $10,048.50
price falls to $99, quantity demanded increases to 100.75, total revenue = $9,974.25

5 0

2 years ago