Answer:
Net operating income= 565,000
Explanation:
Giving the following information:
Krazy Kayaks sells its entry-level kayaks for $750 each. Its variable cost is $500 per kayak. Fixed costs are $25,000 per month for volumes up to 1,100 kayaks. Above 1,100 kayaks, monthly fixed costs are $60,000.
Sales= 2,500*750= 1,875,000
COGS= (500*2,500)= (1,250,000)
Gross profit= 625,000
Fixed costs= (60,000)
Net operating income= 565,000
If your a busy small business owner, taking time away from your store makes you less efficient. The trade offs for using this premium service are 1. your spending more money 2. control over quality. Vise versa if your paying more for the “best groceries” then that may not be an issue. Also be aware that another issue is stocking, going to the store yourself does not guarantee that the store will have all items in stock when you go. 3. Time, taking time to grocery shop takes away from your business or the cost of an employee to watch the business or do the shopping for you having you rely on a third party’s judgment. 4. Gas, the cost of gasoline to go to and from the store. If all these are added up then you are essentially paying more for your “in person” groceries as it is. Choosing to grocery shop yourself saves you money (although how much? Once everything is taken into account?) but again the time it takes away is significant. For a busy small business owner time is extremely important and this is why the trade off of cost or added expenses for groceries may be worth it. (I hope this helps guide you in answering this question).
Pina adjusted cash balance on April 30 is $ 6,685
Solution:
Given,
As of April 30, Pina Colada Corp. has the following bank information:
Cash balance per bank $7600
Outstanding checks $460
Deposits in transit $900
Credit memo for interest $15
Bank service charge $30
Now To find Pina adjusted cash balance on April 30 :
Adjusted Cash Balance Formula is : Cash balance + Notes receivable - Check Printing - NSF Check
Adjusted Cash Balance = $7600+ $15 - $30 - $900
Adjusted Cash Balance = $ 6,685
Pina adjusted cash balance on April 30 is $ 6,685
Answer:
If the demand for the product or services goes down
Explanation:
A reduction in demand for a good or service results in a decline in its price. As per the law of supply and demand, a decline in demand while holding other factors constant pushing the equilibrium price down. Reduced prices mean that the revenues obtained from the sales of the product or service will decline.
Hiring an extra worker when the demand is low will lead to losses. Low demand causes low prices, which implies that the cost of the new employee will be greater than the benefits obtained from the worker. A reduction in prices will mean that the marginal product of labor will be lower than the cost of labor.
Yes, "management" is still relevant as a course of study today.
Management is one of the most relevant course offered by an educational establishment such as a university. The course polishes the skills of student and enlighten them on how to be useful in management of a company.
- <em>Business Administration</em>, <em>Business Management, Management Studies, Commerce, Hospital Management, Hospitality Management </em>are examples course that falls under the umbrella of Management
- Auditors, Accountants, Revenue officers are examples employee who learnt the management course.
In conclusion, studying a management course in a country will employment opportunities makes its easy for a student to get a job.
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