Answer:
$1,500,000
Explanation:
Data provided in the question:
contribution margin of the company = $1,000,000
Contribution margin ratio = 40%
Now,
The sales = (contribution margin) / (Contribution margin ratio)
thus,
Sales = 
or
sales = $2,500,000
Therefore,
Variable cost = Sales - Contribution margin
or
Variable cost = $2,500,000 - $1,000,000 = $1,500,000
Answer:
Equipment $450,000 (debit)
Cash $35,000 (credit)
Suppliers Loan $415,000 (credit)
Explanation:
George Bailey must recognize the Asset of Equipment, de-recognize the Assets of Cash and recognize the Suppliers Loan as above.
Options:
a. sustainability
b. cause-related
c. social
d. green
Answer:
<u>cause-related</u>
<u>Explanation:</u>
We need to take note that Chili's support for St. Jude Children's Hospital isn't all about promoting their brand, but towards promoting a social cause, namely St. Jude's School Program which would ensure children receiving medical care in the hospital can stay up-to-date with their school assignments.
Their actions as a popular restaurant chain could go a long way by encouraging other companies to support social causes.
Answer:
If the government sets out to make home buying easier for more people by forcing lenders to accept LOWER down payments and LOWER interest rates, the result will likely be an INCREASE in housing prices
Explanation:
If either interest rates or down payment amounts lower, the quantity demanded for houses will increase a little, possible leading to a small increase in the prices of houses.
If both interest rates and down payment amounts lower, then the quantity demanded for houses should increase a lot, which will result in an increase in the prices of houses.
This happened during the first decade of our century and everything was fine until the interest rates started to increase and people could no longer pay their mortgages and BOOM, the economy busted.
Rose argued that the last part of a presentation to the VC should be " a wrap-up that leads to the final pitch."
David S. Rose is a prominent angel investor famous for being the founder and Chairman Emeritus of New York Angels.
In one of his entrepreneurship discourses, Rose claimed that the last part of a presentation to the VC should be the overall presentation in a short form that would comprise the main points of the all-around presentation.
Rose concluded that these key points should be the reason to convince a Venture Capitalist to invest in the business.
Hence, in this case, it is concluded that the last part of a presentation is crucial to convince a Venture Capitalist.
Learn more here: brainly.com/question/23471689
