Answer:
=$33,000
Explanation:
Retained earnings will be the total income minus the dividend paid. For Payson inc. The retained earning as at 31st Dec 2104 will be
net income - divided paid out
=$30,000-$17,000
=$13,000
Total retained earnings as of 31st Dec will be
$13,000 + $20,000
=$33,000
Answer:
A. creating the company income statement.
Explanation:
The creation of the companie's income statement is not within the scope of an operation manager's role.
It is a function of the accounting department, and shows the financial position at a particular point in time. Income statements are prepared in relation to profit and loss that the company is making. It shows a snap-shot of financial position so that management can make informed business decisions.
Enhance Telephone Interactions and Communication and Reduce the Time Patients Spend in the Waiting Room.
Most frequently, the phone is the patient's first point of contact with your clinic. It is vital to train your personnel to respond and communicate professionally as a result.
It's crucial to educate team members on how to resolve problems that can come up over the phone. To guarantee that they handle every patient interaction properly, office employees should receive training in fundamental sales principles.
When it comes to making sure that your personnel know how to conduct themselves over the phone and how to turn a caller into a patient, training is a need. Every call is a chance to expand your dental practice.
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Either
Demand for goods increase much too rapid [Demand-pull inflation]
or
Cost of producing goods increase. [<span>Cost-push inflation]</span>
Answer:
regular sales price $270, total sales per month = 10 units
basic manufacturing costs:
variable cost per unit $120
fixed costs $3,000
if further processed, sales price $300
if further processed:
additional variable cost $20 per unit
additional fixed costs $400
At what sales price level would the new, improved radio begin to improve operating earnings?
sales price $270
revenue $2,700
variable costs -$1,200
fixed costs -$3,000
operating income -$1,500
sales price $300
revenue $3,000
variable costs -$1,400
fixed costs -$3,400
operating income -$1,800
Since relevant costs increase by $60 per unit (= $20 variable costs and $400/10 in fixed costs), then the sales price should increase more than $60 in order to lower the company's losses.
If the company wants to make a profit, then it should increase its sales price by more than $180 per unit. If the radio is processed further, in order to break even its sales price should be $480 per unit.
sales price $480
revenue $4,800
variable costs -$1,400
fixed costs -$3,400
operating income $0
Any sales price above $480 will result in an operating profit.