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2 years ago

Complementary and substitute goods

Business

1 answer:

Brilliant_brown [7]2 years ago

6 0

Substitute good will be mitten and gloves, artificial sweeteners and sugar, and orange juice and grapefruit juice. The rest would be complementary goods.

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New Town Instruments is analyzing a proposed project. The company expects to sell 1,600 units, ±3 percent. The expected variable

SOVA2 [1]

Answer:

What is the sales revenue under the worst-case scenario?

$ 125,032

Explanation:

Initial Escenario

TOTAL Income Statement Unit Quantity

$ 1,035,200 Total Net Sales $ 647 1.600

-$ 352,000 Variable Cost $ 220

-$ 64,000 Depreciation Expenses

$ 619,200 Contributing Margin

-$ 438,000 Anual Fixed Costs

$ 181,200 Segment Margin

Worst Case Escenario

Quantity fall 3% from 1,600 to 1,552

Price Fall 2% from $647 to $634

Variable Cost Increase 2% from $220 to $224

Anual Fixed Cost Increase 2% from $438,000 to $446,760

Depreciation Expenses maintained at the same level.

TOTAL Income Statement Unit Quantity

$ 984,061 Total Net Sales $ 634 1.552

-$ 348,269 Variable Cost $ 224

-$ 64,000 Depreciation Expenses

$ 571,792 Contributing Margin

-$ 446,760 Anual Fixed Costs

$ 125,032 Segment Margin

0 0

3 years ago

Tim is trying to compute how many salespeople his business needs for the upcoming year. He wants his salesforce to call on each

Vinvika [58]

Answer:

Tim's business should have 50 sales person

Explanation:

Number of customers = 1,000 customers

Call frequesncy to each = 50 times

Average Length of call = 2 hours

Average sales persons time = 2,000 hours per year

Total Time = Customers x Average time per call x Call frequesncy

Total Time = 1,000 x 2 x 50 = 100,000 hours per year

Number of Sales people required = Total time / Average time per sales person = 100,000 / 2,000 = 50 sales person

4 0

2 years ago

Read 2 more answers

Increased professionalism in police forces has been made possible by two-way radios, telephones, and automobiles. in what way ha

anzhelika [568]

Answer:
One way in which society has not benefited from the increasing police professionalism is because of the increase, community relations between civilians and police suffered despite the removal of political involvement.

8 0

3 years ago

Carrie thought she misplaced her checkbook for a few days. When she found it, she noticed that two checks, her cash and her debi

weqwewe [10]

Answer:

E. All of the steps above are appropriate to take if she suspects identity theft.

Explanation:

Under suspicion of identity theft, it is better to take all the preventive measures listed in the example before the person who has stolen your debit card and checks makes use of them and steals the money in your bank account or makes big purchases.

3 0

2 years ago

A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth r

VashaNatasha [74]

Answer:

The maximum growth rate to my calculations is 8.32%, since it is closer to option E), I´d choose E) 8.37%

Explanation:

Hi, in order to find the growth rate given all the info of the problem, we need to use the following formula.

$g=b*R$

Where:

g = growth rate

b=retention ratio

R = return on equity

Since R = Earnings / Equity, and our dividend payout ratio (equals to 1 - b)our fromula changes to:

$g=(1-Payout)*\frac{NetIncome}{Equity}$

So, everything should look like this:

$g=(1-0.25)*\frac{32,600}{294,000} =0.0832$

So, the growth rate is equal to 8.32% but this option is not available, therefore we´ll go for the closest one, that is E) 8.37%.

Best of luck.

7 0

3 years ago