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3 years ago

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Business

2 answers:

Elena L [17]3 years ago

5 0

Answer:

Total of quantity of goods produce, number of citizens

Explanation:

Those are the missing fill in the blank

Romashka-Z-Leto [24]3 years ago

3 0

What exactly are you asking?

Divided by the per capita GDP of a country is the country’s population

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Omega Company has sales of $300,000 and cost of goods sold of $200,000. The cost of goods sold is a variable cost. The Company i

Vitek1552 [10]

Answer:

A 10% increase in revenue will produce a A) 15.0 % change in net income

Explanation:

Net income before increasing in revenue = sales - Cost of goods sold - Variable operating expenses - fixed operating expenses = $300,000 - $200,000 - $40,000 - $20,000 = $40,000

Revenue after increasing = $300,000 + $300,000 x 10% = $330,000

When revenue increase, variable costs will increase.

Cost of goods sold = $200,000 + $200,000 x 10% = $220,000

Variable operating expenses = $40,000 + $40,000 x 10% = $44,000

Net income after increasing in revenue = sales - Cost of goods sold - Variable operating expenses - fixed operating expenses = $330,000 - $220,000 - $44,000 - $20,000 = $46,000

Change in net income = ($46,000 - $40,000)/$40,000 = 15.0%

4 0

4 years ago

A cost incurred in the past that is not relevant to any current decision is classified as a(n):_________

inessss [21]

A cost incurred in the past that is not relevant to any current decision is classified as a(n): Sunk costs

This is further explained below.

<h3>What are Sunk costs?</h3>

Generally, A cost that has already been incurred but cannot be recouped is referred to as a "sunk cost" in economics and the process of making business decisions. In contrast to sunk costs, prospective costs are future expenses that might be avoided if action is done, while sunk costs have already been incurred.

In conclusion, A cost that was incurred in the past but is not relevant to any choice that is being made at this time is considered to be a(n): Incurred expenses

Read more about Sunk costs

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6 0

2 years ago

A blue ocean strategy is when a company:

Jlenok [28]

Answer:

c. redefines the product offering through value innovation to create a new market space

Explanation:

Is the concurrent tracking of differential and low cost in order to open up markets as well as get new demands. It is about bringing new market into existence and dominating unchallenged market space there by nullifying unnecessary competition. Blue ocean strategy has the view that market boundaries and industries can be rebuilt by the activities of the major industry players.

6 0

4 years ago

Suppose that the price elasticity of demand for cereal is -0.75 and the crossprice elasticity of demand between cereal and the p

professor190 [17]

Answer: Price of cereals must fall by 12%

Explanation:

A 10% rise in the price of milk will lead to a fall in quantity demanded by =-0.9 * 10= 9%.

To prevent the demand for cereals from falling by 9%, the price of cereals must fall by

$E = \frac{Percentage change in Qd}{Percentage change in price}$

$Percentage change in price = \frac{Percentage change in Qd}{e}$

$Percentage change in price = \frac{9}{-0.75}$

$Percentage change in price = -12%$

Thus, to offset the effect of a 10% rise in price of milk, the price of cereals must fall by 12%.

8 0

3 years ago

Zhang company reported cost of goods sold of $841,000, beginning inventory of $38,400 and ending inventory of $46,900. the avera

Hunter-Best [27]

Zhang company suggested price of goods bought of $841,000, establishing inventory of $38,400 and ending inventory of $46,900. the common stock amount is $42560.

Average stock is the average amount or price of your stock over two or more accounting periods. It is the mean cost of inventory over a given quantity of time. That price may additionally or may additionally now not equal the median fee derived from the identical data.

<h3>What is the average inventory level?</h3>

The average inventory degree refers to the number of units, now not the monetary fee of these units. Determining average stock degree is simpler than identifying the average inventory cost. There's one less calculation: you do the identical thing, however assign no value to products. You're simply averaging their quantity.

Learn more about average inventory amount here:

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4 0

2 years ago