Answer:
3.2 & 16%
Explanation:
Degree of operating leverage = Contribution margin / Pretax net income
Degree of operating leverage = $80,960 / $25,300
Degree of operating leverage = 3.2
Degree of operating leverage 3.2 means if sales (or contribution margin) increases by 1%, income increases by 3.2 %.
Thus, Expected % change in income = Increase in sales * degree of operating leverage
Expected % change in income = 5% * 3.2
Expected % change in income = 0.5 * 3.2
Expected % change in income = 0.16
Expected % change in income = 16%
Answer: Reference
Explanation:
The reference group usually influences the consumer behaviour.
Answer:
c. is a problem that exists in every economy.
Explanation:
Scarcity is shortage of supply with respect to demand.
This arises because of (causes) : Unlimited Wants, Limited resources having alternative uses.
Scarcity is a problem of each & every economy : underdeveloped, developing or developed economy. Eg - Developed Economy like US might be labour scarce, capital abundant & Developing Economy like India might be capital scarce, labour abundant.
This leads to (effects) : 3 Central Problems of Economy - What to produce , How to produce , For Whom to Produce .
The reason that Larceny is easier to detect that skimming
because this is associated with having to steal the cash only after that it has
been recorded by the accounting system of the company in which makes it easier
to detect unlike skimming. The answer is letter b.
Answer:
B. Immediately; stored
Explanation:
One primary difference between services and the production of goods is that services are consumed <u>immediately</u> whereas goods can be <u>stored</u>.
There are several differences in production and consumption of goods and services:
- Goods are Tangible as it can be touched, however, services are intangible as it cannot touched but it can realized.
- Goods can be stored for later use, however, services cannot be stored but need to be consumed immediately on real time.
- Goods can be weighed and measured on scale, however, services can evaluated on basis of satisfaction level.
