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balandron [24]
3 years ago
12

Many performers, like singers, actors, and athletes, get paid large amounts of money. Do you think they earn these amounts or sh

ould they get paid less? Why?
Business
1 answer:
Step2247 [10]3 years ago
7 0
I think they earn theses amounts, they also shouldn’t get paid less. Ex. Athletes: Football players practice all the time, they play ALL THE TIME, what you put in is what you get in return. They put a lot of work in, so money is what they get in return. They earn it.
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Beck Inc. and Bryant Inc. have the following operating data: Beck Inc. Bryant Inc. Sales $219,400 $585,000 Variable costs 88,000
coldgirl [10]

Answer:

Beck Inc. and Bryant Inc.

                                         Beck Inc.       Bryant Inc.

a. Operating leverage          0.4                     0.1

b. Increase in income     $19,710 (27%)   $35,100 (18%)

c. The difference in the INCREASE of income from operations is due to the difference in the operating leverages. Beck Inc.'s HIGHER operating leverage means that its fixed costs are a HIGHER percentage of contribution margin than are Bryant Inc.'s.

Explanation:

a) Data and Calculations:

                                           Beck Inc.       Bryant Inc.

Sales                                $219,400         $585,000

Variable costs                     88,000            351,000

Contribution margin        $131,400         $234,000

Fixed costs                         58,400             39,000

Income from operations $73,000          $195,000

Total costs                     $146,400         $390,000

Operating leverage             1.8                     1.2

Operating leverage = Contribution Margin/Income from operations

Increase in Sales by 15%

                                           Beck Inc.       Bryant Inc.

Sales                                 $252,310         $672,750

Variable costs                     101,200           403,650

Contribution margin          $151,110          $269,100

Fixed costs                         58,400              39,000

Income from operations  $92,710          $230,100

Increase in income           $19,710 (27%)   $35,100 18%

3 0
3 years ago
The income statement for the Tamarisk, Inc. for the month ended July 31 shows Service Revenue $18,470, Salaries and Wages Expens
dmitriy555 [2]

Answer:

Explanation:

The closing entry for the following accounts are shown below:

1. Service Revenue A/c Dr $18,470

              To Income Summary $18,470

(Being revenue account closed)

2. Income summary A/c Dr $14,810

               To Maintenance and Repairs Expense $4,220

               To Salaries and Wages Expense $9,380

                To Income Tax Expense $1,210

(Being expenses accounts are closed)

3. Income summary A/c Dr $3,660

                 To Retained earning $3,660

(Being the difference is credited to retained earning)

4. Retained earnings A/c Dr $1,980

                 To Dividend A/c $1,980

(Being dividend account is closed)

3 0
3 years ago
Check my answers?
Furkat [3]
Number one is B, number two is C, number three is A, number four is d. I think
7 0
3 years ago
OceanGate sells external hard drives for $200 each. Its total fixed costs are $30 million, and its variable costs per unit are $
chubhunter [2.5K]

Answer:

50%

Explanation:

Sales at strong state = 2 million

Sales in Recession = 1 million

% Decline = \frac{2-1}{2} *100 = 50%

7 0
3 years ago
Read 2 more answers
5) In class we discussed different shocks; for each of the following, describe how monetary policymakers would respond (if at al
Allushta [10]

Answer:

a) monetary policy will be eased

b) Monetary policy will be tightened

c) Monetary policy will be eased

Explanation:

<u>A) A reduction in autonomous consumption </u>

A reduction in autonomous consumption will cause the monetary policy makers to apply an autonomous easing of monetary policy and this is to help balance the economy because of the reduction seen in aggregate demand

<u>b) An increase in government expenditures</u>

An increase in government expenditures will result in an increase in demand hence monetary policy will be made tighter in order to balance the economy activities

<u>c) An appreciation of the dollar </u>

when the dollar appreciates relative to other currencies the effect is that there will be a decrease in exports and increase in imports, hence the monetary policymakers will apply an autonomous easing of monetary policy to help balance economic activities

5 0
3 years ago
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