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Alenkinab [10]
3 years ago
12

Operating data for Bramble Corp. are presented below.

Business
1 answer:
Soloha48 [4]3 years ago
4 0

Answer:

Explanation:

Vertical analysis of financial statement entails the expression of each line of the financial statement as a percentage of a base figure for analysis and evaluation purpose.

In this case , the sales revenue is used as the base figure

Vertical analysis of Bramble corp . Income statement for 2020 / 2019

Item                         2020          %          2019             %

Sales revenue       730,000     100       650,000      100

Cost of goods         480,340     65.8     473,850      72.9

Gross profit             249,660     34.2      176,150       27.1

Selling expenses    105,850      14.5       84,500       13.0

Admin Expenses      50,370        6.9       52,000        8

Operating Expenses 156,220     21.4     136,500       21

Income before tax      93,440      12.8      39,650      6.1

Income tax Expenses 29,930      4.1        26,650      4.1

Net Income                  63,510      8.7         13,000       2

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Alex_Xolod [135]

Answer:  Option B

                                 

Explanation: In simple words, aggregate demand refers to the total amount of goods and services that the consumers are willing to consume at a specific price and in a specified time.

A decrease in dollar value will result in less purchasing power for imports. This will result in less supply which will ultimately increase the price of the imported quantity, thus, resulting in decrease in aggregate demand.

8 0
3 years ago
Johnston Company has budgeted production of 11,600 units and sales of 14,400 units in February. Each unit requires 15 minutes of
kap26 [50]

Answer:

$43,500

Explanation:

Direct labor costs refer to the salaries that are paid to the employees that perform a job that is related to the production of a good. In this case, it would be the wages of the employees that work in the production of the units budgeted.

To calculate the total cost, first you have to calculate the amount of hours require to produce 11,600 units:

      1 unit        →  15 minutes

11,600 units    →          x

x=(11,600*15)/1= 174,000 minutes

1 hour →   60 minutes

    x    ←    174,000 minutes

x=(1*174,000)/60= 2,900 hours

Now, you can calculate  the total budgeted direct labor costs by multiplying the labor rate per hour for the number of hours needed to manufacture the units budgeted:

$15*2,900= $43,500

According to this, the answer is that the total budgeted direct labor costs for February is $43,500.

5 0
3 years ago
The cost to produce tooth paste has increased by 1000%. This has caused the price to quadruple, but the demand has remained the
erica [24]

Answer:

Inelastic

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In the given question,the cost to produce the toothpaste has increased, which led to the increase in the price of the toothpaste significantly. But there is no change in the demand of the toothpaste.

Hence, this product is inelastic.

In the inelastic demand, the demand of the product does not change with any variation in the price of the product.

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Other things equal, an improvement in productivity will Multiple Choice shift the aggregate supply curve to the right. shift the
Pavlova-9 [17]

Answer:

Aggregate demand curve would shift to the right is the correct answer.

Explanation:

4 0
3 years ago
Carlos is the manager of Oh! Canada Sporting Goods. During the past six months, his cash expenditures have exceeded his cash rec
shutvik [7]

Answer:

Cash flow.

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A cash flow problem arises when an organization is unable to pay up it's debts. Different organisations tends to experience cash flow problems during their growth stage.

Cash flow problems could be due to the following reasons:

1) Reduction in the amount of profit that comes into the business.

2) Investing a large amount of money in production processes.

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Businesses can improve cash flow by a reduction in the amount of their expenses, this can be achieved by cutting down costs.

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