First, the conditions in the Central Valley of California are very favorable for growing almonds. The conditions include rich soil, a mild climate, abundant sunlight and good water supply. Also, the production of almonds from California has a higher yield than Spain which has been the world's top almond producer so California is competitive.
Answer:
The firm must increase price and decreasing the output
Explanation:
The reason is that with increased level of activity (Production level) the marginal cost increases and if the firm is going to increase it product price then less people will buy its product. This means the company will have to produce less in quantity which means that the company will substantially reduce its marginal cost and increase its marginal revenue.
Answer:
Instructions are listed below.
Explanation:
A Contribution Margin Income Statement is a special format of the income statement that segregates the variable and fixed expenses involved in running a business. It shows the revenue generated after deducting all variable and fixed expenses separately.
Sales=
Variable costs:
Cost of good sold=
Sales commissions=
Shipping expense=
Total variable cost (-)
Contribution margin=
Fixed costs:
Advertising expense=
Shipping expense=
Administrative salaries=
Insurance expense=
Depreciation expense=
Total fixed cost= (-)
Net operating profit=
Degree of operating leverage= % change in EBIT/ % change in sales
Answer:
$9.43
Explanation:
Calculation for what should this stock sell for today
Stock today = $1.60/1.135 + $1.10/1.135^2 + $13.50/1.135^5
Stock today = $9.43
Therefore what should this stock sell for today is $9.43
Answer:
The correct answer is the option D: At any time in the planning period.
Explanation:
To begin with, in the field of accounting and bussines management the concept known as "flexible budget" refers specifically to the type of budget that a company uses whose primary characteristic is that it is adjustable to the situation and therefore that it goes changing all the time according with the changes that happen in the levels of volumen and or activities, including expenses and revenues as well. So that is why that a flexible budget may be prepared at any time in the planning period for the company because it adjusts to the context.