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Vladimir79 [104]
3 years ago
14

the purpose of an executive summary is to a. present an overview of a longer report for people who may not have time to read the

entire document. b. show the main sections of a report. c. secure funding. d. announce the topic of the report and tell how it was authorized.
Business
1 answer:
ollegr [7]3 years ago
5 0

Answer:

Option B

Present an overview of a longer report for people who may not have time to read the entire document.

Explanation:

An executive summary is a summary which contains the key points of a lengthy report, in a concise manner that can easily be digested by a reader without much effort.

The purpose of having an executive summary in a business report is to make it easy for your intended audience to get the key points of what your report is talking about in a quicker manner, rather than having to read the whole report.

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Answer:

1.  73 %

2. 27 %

3. $60,000

4. Ways to increase projected operating income without increasing total sales revenue :

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Explanation:

Contribution Margin Ratio = Contribution / Sales × 100

Where,

Contribution = Sales - Variable Costs

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Then,

Contribution Margin Ratio = $64,240/ $88,000 × 100

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Variable Cost Ratio = Variable Cost / Sales × 100

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                                = 27 %

Break-even sales revenue = Fixed Costs ÷  Contribution Margin Ratio

                                            = $43,800 ÷ 0.73

                                            = $60,000

<u>Ways to increase projected operating income without increasing total sales revenue :</u>

  1. Reduce the variable costs per unit
  2. Reduce fixed overheads
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Suppose you deposit $116 today, $135 in one year, and $885 in two years in an account that pays an annual rate of interest of 14
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The answer is $1357.85

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Future value= Σ C(1+i)^n

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