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MrRissso [65]
3 years ago
6

Splish Brothers Inc. accepted a national credit card for a $11200 purchase. The cost of the goods sold is $7200. The credit card

company charges a 3% fee. What is the impact of this transaction on net operating income?
Business
1 answer:
Ivahew [28]3 years ago
8 0

Answer:

Net operating income will increase by $3664.

Explanation:

Credit card sales = $11.200

Card fees = 3% * $11.200 = $336

Cost of goods sold = $7.200

Net operating income = Sales - Cost of goods sold - card fees

Net operating income = $11.200 - $7.200 - $336 = $3664.

So, net operating income will increase by $3664.

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From 1960 until 2012, the long-run average rate of inflation in the united states was
o-na [289]
The average is about 3 percent I got to say thats good
6 0
3 years ago
If one firm has a higher total debt to total capital ratio than another, we can be certain that the firm with the higher total d
vodomira [7]

Answer:

True

Explanation:

Total debt to total capital ratio, also known as D/C ratio is a ratio that measures a company's capital structure, financial solvency, and degree of leverage, at a particular point in time.

While the Times Interest Earned (TIE) is a ratio which measures the ability of an organization to pay its debt obligations.

So A company with high debt-to-capital ratios, compared to a general or industry average, may show weak financial strength and hence would have a lower ability to pay its debt obligations one which the TIE ratio measures.

8 0
3 years ago
What problem makes public goods necessary?
NARA [144]
There are several problems that make public goods necessary, but the primary one is that without access to certain public goods and services like parks and schools, poor people would have practically no chance at advancement. 
3 0
3 years ago
Suppose that Portugal and Austria both produce beer and cheese. Portugal's opportunity cost of producing a pound of cheese is 3
Maksim231197 [3]

Answer:

Portugal and Austria

Comparative Advantage in the Production of Beer and Cheese:

1a. Portugal

b. Austria

2. a. 3 barrels and

b. 0.09 or 1/11 pounds

3.  A. 4 barrels of beer per pound of cheese

Explanation:

a) Data and Calculations:

Portugal's opportunity cost of producing a pound of cheese = 3 barrels of beer

Austria's opportunity cost of producing a pound of cheese = 11 barrels of beer

Price of trade (cheese in terms of beer) = 11/3 = 3.667 = 4

b) Portugal's comparative advantage over the production of cheese is her economy's ability to produce cheese at a lower opportunity cost than Austria.  This comparative advantage gives Portugal the ability to sell cheese at a lower price than Austria and realize a more favorable balance of trade.

7 0
3 years ago
In which ways did munsterberg suggest that psychologists could contribute to industry?
kenny6666 [7]

Munsterberg suggest that psychologists could contribute to industry in the ways as listed below:

  • Identifying people suitable for a specific job
  • Identifying the psychological conditions that will bring out the best from a worker
  • identifying optimum management strategies that will unite the employees to the organization's goal

<h3>Who is a psychologist?</h3>

A psychologist refers to an expert in psychology where psychology studies the mental health. This discipline deals greatly in how human behaves and the reason for such behavior.

Psychologists play a greater impact in making people act in a certain way since they can guess intelligently on the expected behavior of an individual under a given circumstance. This abilities of psychologists enabled Munsterberg to make the suggestions listed

Read more on psychology here: brainly.com/question/12011520

#SPJ1

4 0
1 year ago
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