1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nirvana33 [79]
3 years ago
7

Geno's Body Shop had sales revenues and operating costs in 2020 of $740,000 and $570,000, respectively. In 2021, Geno plans to e

xpand the services it provides to customers to include detailing services. Revenues are expected to increase by $103,000 and operating costs by $59,000 as a result of this expansion.
Required:
1. Assuming that there are no changes to the existing body shop business, operating profits would be expected to increase during 2021 by __________.
Business
2 answers:
Nataliya [291]3 years ago
7 0

Answer:

$214,000

Explanation:

Total Revenues ($740,000 + $103,000) =$843,000

−Total Operating costs ($570,000 + $59,000)

=$629,000

= Total operating profit = $214,000

Therefore Assuming that there are no changes to the existing body shop business, operating profits would be expected to increase during 2021 by $214,000

galina1969 [7]3 years ago
7 0

Answer:

$97,100

Explanation:                                        

Increase in revenue                                 $103,000

Less: Increase in operating cost              $59,000

Increase in operating profit                       $97,100

You might be interested in
Mark the three choices that are true of a living trust.
AlekseyPX
<span>When the minor children reach a certain age, the living trust is always discontinued: FALSE
A living trust is established while the owner of the property or money put in trust is still alive.TRUE
The estate is managed, invested, and controlled by the trust agency or person.TRUE
The profit is paid to the owner during his lifetime, and to whomever he names upon his death. TRUE</span>
7 0
2 years ago
Read 2 more answers
In communicating the unique customer benefits of its various products to its target segments, thermos is defining its ________,
Elodia [21]
If this is the complete question,
In communicating the unique customer benefits of its various products to its target segments, Thermos is defining its ________, which is an important element of its overall _______ strategy.
A. target market; positioning
B. value proposition; positioning
C. value proposition; perceptual mapping
D. value proposition; segmentation
E. value proposition; targeting

The answer is.
In communicating the unique customer benefits of various product to its target segments. Thermos is defining its target market, as an important element of overall positioning strategy. According to Investopedia, it is defined as the market a company wants to sell its products and services to, and it includes a targeted set of customers for whom it directs its marketing efforts.
8 0
3 years ago
Henry Garrison starts the month with a balance on his credit card of $1,130. The average daily balance for the month, including
hoa [83]

Answer:

Interest expense $ 11.15

Explanation:

As the bank uses the average daily balance excluding new purchases we should use that amount to solve for the interest expense.

The rate is one and a half percent therefore, 1.5% --> 0.015

principal x rate = interest

$743 x 0.015 = $ 11.145

3 0
3 years ago
Proprietary and fiduciary funds follow account and reporting principles similar to those of ______ organizations.
suter [353]
City of New York

Hope this helps (:
8 0
2 years ago
What does it mean for a research topic to be amenable to scientific study using a qualitative approach?
blondinia [14]

If a research topic is amendable to a scientific study, you are able to make appropriate and necessary changes to a topic to make sure the resaerch you are finding follows the topic and is giving you useful information. When you amend a research topic you are just adjusting it to fit your updated wants and needs.

8 0
3 years ago
Other questions:
  • Gen-Fast Shoes wants to expand internationally and is deciding if its line of tennis shoes can be sold at a high price in Europe
    9·1 answer
  • Hannah Li wants to quit her job as a legal secretary and start her own small business. She knows that she will be successful if
    6·1 answer
  • Which of these statements is true? Group of answer choices
    15·1 answer
  • On January 1, 2020, Morgan Enterprises issued 8%, 20-year bonds with a face amount of $5,000,000 at 101. Interest is payable ann
    11·1 answer
  • On July 1 the Fisher Shoe Store paid $24,000 to Acme Realty for 6 months rent beginning July 1. Prepaid Rent was increased for t
    6·1 answer
  • Research studies indicate that:
    8·1 answer
  • Friendly’s Quick Loans, Inc., offers you $8.25 today but you must repay $10.45 when you get your paycheck in one week (or else).
    8·1 answer
  • choose a well-known company that you are familiar with, and write a customer profile survey that company could give its customer
    14·1 answer
  • Which type of estate is created when the landlord and tenant enter into an agreement for an indefinite time with no specific ter
    10·1 answer
  • You were recently hired by Scheuer Media Inc. to estimate its cost of capital. You obtained the following data: D1 = $1.75; P0 =
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!