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bulgar [2K]
4 years ago
15

Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is?

Business
1 answer:
ella [17]4 years ago
7 0
The gross profit is more inportant than the net profit

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For this situation below , determine the premium will likely increase, decrease , or remain the same. deon chooses a lower deduc
kozerog [31]

Answer:

Increase.

Explanation:

The question above refers to auto insurance premium, which is a system that, through a monthly payment, allows an insurer to provide financial support to car owners as a form of security in case of accidents or injuries during driving. .

Many people do not know, however, under contracts with car insurers, smaller deductibles cause the premium to increase, making the individual responsible for insurance need to pay a higher monthly amount. A higher deductible, on the other hand, would reduce the value of the premium. In this case, we can say that if Deon chooses a lower deductible, he will have the high premium.

8 0
3 years ago
Chapter 7 1) Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for
yuradex [85]

Answer:

A) $171,000 favorable

Explanation:

Static Budget variance is calculated by simply taking difference of budgeted values and actual values.

                         <u>                                                                             </u>

                  <u>Static budget Variance report of Lincoln Corporation</u>

                             Budgeted      Actual     Variance    Status

Units sold               39,000        48,000       9000       Favorable

Revenue (@$19)   $741,000    $912,000   $171,000   Favorable

Variable costs      $152,000    $167,000   $15,000     Unfavorable

Fixed costs           $50,000     $41,000     $9,000      Favorable

                         <u>                                                                             </u>

As Sales is increased by 9000 units and $171,000, the increase in sale is a favourable varince. So, correct option is A) $171,000 favorable.

5 0
4 years ago
Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of studen
Serhud [2]

Answer:

b. 77

Explanation:

The formula for forecasting is :

F_{t} = \alpha D_{t-1} + (1 - \alpha) F_{t-1}

where F_{t} is forecast for the period and D_{t} is the actual demand for the period.

Last week forecast is = \alpha * Demand 2 weeks ago + (1 - \alpha) * Forecast 2 weeks ago

0.2 * 65 + (1 - .02) * 90 = 13

Current week forecast is = \alpha * Demand Last weeks + (1 - \alpha) * Forecast Last weeks

0.2 * 50 + (1 - 0.2) * 83  = 77.

6 0
3 years ago
You would like to evlauate pursuing a new computing tool for your team. The new workstation would impact 10 of your campany staf
tino4ka555 [31]

Answer:

-7,759.29 dollar

Explanation:

cost of maintenance and operation

initial cost of $5500 x 20%

= 1100 Dollars

salvage value

initial cost of $5500 x 5%

= $275

pw = -5500-1100(p/a,17%,3) +275(p/f,17%,3)

pw = -5500-(1100*2.21) + (275*0.6244)

pw = -5500-2431+17.71

= -7759.29

so pw, that is present worth of new stations using internal MARR of 17% is -7759.29 dollars

7 0
4 years ago
_____means tailoring products to meet the needs of a large number of individual customers
Akimi4 [234]

Interfirm means tailoring products to meet the needs of a large number of individual customers.

Interfirm means that numerous companies will work together via the internet and via the use of other state-of-the-art era to provide services and products that customers want and want. The interfirm process recognizes that cutting-edge a success companies must operate in dynamic environments.

Inter-company networks are “a pick out, continual, and dependent set of self-reliant corporations (in addition to nonprofit corporations) engaged in growing products or services primarily based on implicit and open-ended contracts to adapt to environmental contingencies and to coordinate and shield exchanges.

Inter-firm relationships may be tested from a character or structures perspective. A man or woman attitude makes a specialty of the one-to-one courting between two firms. This is probably beneficial while reading the relationships of a pivotal company, along with a rustic's leading exporter or sole processing plant.

Learn more about the corporations here: brainly.com/question/24448358

#SPJ4

8 0
2 years ago
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