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Anna11 [10]
3 years ago
13

Chutney Channel is a small organization based in Canada that sells specialty condiments made from local ingredients to a wide ar

ray of customers around the global. Chutney Channel would be characterized as a(n) __________ organization.
Business
1 answer:
alex41 [277]3 years ago
5 0

Answer:

he

Explanation:

I

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Swifty Inc. has three divisions which are operated as profit centers. Actual operating data for the divisions listed alphabetica
Travka [436]

Answer:

<u>(1)</u> Controllable margin $ 191420

<u>(2) </u> Variable Costs$ 371580

<u>(3)</u> Contribution Margin $ 146380

(4)Controllable fixed costs $45,040

(5)  Controllable fixed costs $ 95710

<u>(6) </u> Sales  $ 484,180

Explanation:

The workings have been done to show the results.

Swifty Inc.

                Women’s Shoes     Men’s Shoes       Children’s Shoes

Sales             675,600               506,700                   (6) $ 484180

Variable costs (2)$ 371580     360,320                    281,500

<u>C. Margin $304,020                $ (3)</u><u>146380</u><u>             $202,680 </u>

<u />

<u>(2) </u> Variable Costs = Sales - Contribution Margin= 675600- 304020=

$ 371580

<u>(3)</u> Contribution Margin= Sales - Variable Costs =  506,700-360,320 = $ 146380

<u>(6) </u> Sales = Contribution Margin + Variable Costs= 281,500 +$202,680 = $ 484,180

Swifty Inc.

                Women’s Shoes     Men’s Shoes       Children’s Shoes

Sales             675,600               506,700                  $ 484180

<u>Variable costs </u><u>$ 371580</u><u>           360,320                    281,500 </u>

<u>C. Margin        $304,020          $ </u><u>146380</u><u>               $202,680 </u>

Controllable

fixed costs       112,600          (4)  $45,040                  (5) $ 95710

Controllable margin (1) $ 191420   101,340                      106,970

<u>(1)</u> Controllable margin=Contribution Margin-Controllable fixed costs

= $ 304,020  -112,600 =$ 191420

(4) Contribution Margin- Controllable margin=Controllable fixed costs

<u> </u>$ 146380  - 101,340  = $45,040

(5)  Contribution Margin- Controllable margin=Controllable fixed costs

$202,680 - 106,970 = $ 95710

5 0
3 years ago
The following chart illustrates the number of CDs and pounds of beef that can be produced in an hour:
Flura [38]
I think for Japan CDs
And for Canada Beef
8 0
4 years ago
As ceo of a company called adelphia, _____ siphoned off billions of dollars to support his family's extravagant lifestyle and ba
hoa [83]
<span>As ceo of a company called adelphia, John Rigas </span><span>siphoned off billions of dollars to support his family's extravagant lifestyle and bankrupted the company in the process. But eventually, John Rigas was found guilty in embezzling around $ 1 billion from his shareholders and hiding around $2.3 billion worth of Debt from his accounting books.</span>
4 0
3 years ago
You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the
SpyIntel [72]

The question is incomplete. The complete question is :

You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar.

Regular withdrawal    $ 2200

Interest rate                        2%

Frequency                   Monthly

Time                                20 years

Solution :

Given :

Monthly withdrawal = $ 2200

Interest rate = 2%

Frequency = monthly

Time = 20 years

        = 20 x 12 = 240 months

Formula used :

$w=\frac{[PZ^{r-1}(Z-1)]}{[Z^Y-1]}$         with Z = 1 + r

where, w = monthly withdrawal

P = principal amount

r = monthly interest rate

Y = Number of months

So, w = 2200

     r = 2% = 0.02

     Z = 1 + r

        = 1 + 0.02 = 1.02

Y = 240

Therefore,

$2200=\frac{P(1.02)^{240-1}(1.02-1)}{(1.02)^{240-1}(1.02-1)}$

$P=\frac{2200(115.888-1)}{113.6164(0.02)}$

   = 111,231829

   ≈ 111,232 (rounding off)

Thus, the account balance = $ 111,232

3 0
3 years ago
On the day you entered college, you borrowed $30,000 from your local bank. The terms of the loan include an interest rate of 4.7
Hitman42 [59]

Answer:

The total interest paid on this student loan will be equal to:

$

Explanation:

a) Data and Calculations:

Amount of loan = $30,000

Interest rate = 4.75%

Duration of loan = 5 years

Total interest = $30,000 * 4.75% * 5 = $7,125

b) Since interest is paid annually at the end of each year, this means that $1,425 will be paid each year for 5 years.  This gives a total of $7,125 ($1,425 * 5).  As a result, we can infer that this is a simple interest payment method, because the interests are not added to the principal.  That is, the interest is not compounded.  So, the calculation is based on the simple interest formula of principal by interest rate by number of periods.

5 0
3 years ago
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