Explain how banning performance enhancing drugs levels the playing field for marketers?

In 2010, the MoreForLess Company had revenues of $2,000,000 while costs were $1,500,000. In 2011, MoreForLess will be introducin

Harlamova29_29 [7]

Answer:

Differential profit Profit = $40,000

Explanation:

The differential operating profit is the difference between the operating profit before the introduction of the product and after the introduction of the new product

Profit = Revenue - costs

Profit before the introduction of the new product

= 2,000,000 - 1,500,000 = 500,000

Profit after the introduction of the new product

New revenue = (2,000,000 + 200,000) = 2,200,000

Cumulative cost = 1,500,000 + 160,000 = 1,660,000

Profit = 2,200,000 - 1,660,000 = 540000

Differential profit Profit = 540,000 - 500,000= $40,000

4 0

3 years ago

The management of urbine corporation is considering the purchase of a machine that would cost $340,000 would last for 4 years, a

attashe74 [19]

The net present value of the proposed project is closest to -$80,822.

Since the project saves $80,000 in costs each year, we treat these savings income for the next 4 years. We then calculate the Present value Interest Factor of an annuity using the formula :

PVIF of an annuity = { [ 1 - [ (1+r)⁻ⁿ ] } ÷ r

PVIF of an annuity = { [ 1 - [ (1.09)⁻⁴ ] } ÷ 0.09

PVIF of an annuity = 3.240 (rounded to three decimals)

PV of the cost savings = (3.240*80000) = $2,59,178 (rounded to nearest $)

NPV = PV of cost savings - Value of investment

NPV = 2,59,178 - 3,40,000

3 0

3 years ago

Using a perpetual inventory system, the seller’s journal entry to record the sale of merchandise on account includes a:_________

alexandr1967 [171]

Answer:

D. Debit to Accounts Receivable

Explanation:

Transaction of sale in Perpetual Inventory system will be recorded as follow:

Dr. Cr.

Account Receivable xxx

Sales xxx

Cost of Goods Sold xxx

Merchandise Inventory xxx

There is no entry to purchases, cost of goods sold is debited and inventory is credited. So, the only correct option which is dealt in above transactions.

5 0

3 years ago

At the beginning of Year 1, a company reported a balance in common stock of $164,000 and a balance in retained earnings of $64,0

blagie [28]

Answer:

Explanation:

The preparation of the statement of stockholder equity and balance sheet is presented below:

a. Statement of stockholder equity

Particulars Common stock Retained earnings Total stock equity

Beg balance $150000 $50,000 $200,000

Add: Addi shares $40,000 $40,000

Add: Net income $30,000 $30,000

Less: dividend -$10000 -$10000

Total $190,000 $70,000 $260,000

b. Balance sheet

Assets Amount

Cash $52,600

Supplies $13,400

Prepaid rent $24,000

Land $200,000

Total assets $290,000

Liabilities Amount

Account payable $9,100

Un-earned revenue $2,400

Salaries payable $3,500

Notes payable $15,000

Stockholder equity $260,000

Total liabilities & stockholder equity $290,000

6 0

3 years ago

HELP ASAP! ACCURATE ANSWERS PLEASE! WILL GIVE BRANLIEST IF THE ANSWER IS GOOD

zlopas [31]

Answer: tell them what you observe and sometimes you will have to reward them such as candies in order to show them that they did a splendid job. This will let them realize that they did a great job.

Explanation:

4 0

3 years ago