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3 years ago

The spaghetti sells 340 units per week at $12 per plate. The steak sells 212 units at $16 per plate. Which has the higher

Business

1 answer:

stepan [7]3 years ago

4 0

Answer:

a) Spaghetti

Explanation:

Dollar value means the actual amount raised from selling. In this case,

spaghetti will have dollar sales of:

=340 x $12

=$4,080

Steak

=212 x $16

=$3,392

Therefore, spaghetti has higher dollar sales.

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The top four most economically globalized countries according to KOF Swiss Economic Instituteâs 2007 rankings include:__________

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Answer:

The top four most economically globalized countries according to KOF Swiss Economic Instituteâs 2017 rankings include:___________.

Netherlands, Ireland, Belgium, and Austria.

Explanation:

The KOF Swiss Economic Institute's ranking of the most economically globalized countries is a ranking of the countries with businesses that have global influence and presence. The Institute which an index called the KOF Globalisation Index to measure the economic, social and political dimensions of globalisation and rank countries according to their performances.

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4 years ago

________ is anything that happens during the course of a business process. Multiple Choice BPMN activity BPMN flow BPMN gateway

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Answer: BPMN event

Explanation:

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2 years ago

Cost reduction is still the number one priority for many supply chain executives, according to the MHI and Deloitte survey. Sele

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Answer:

MHI and Deloitte Survey

Cost Reduction #1 Priority

True

Explanation:

For supply chain companies to achieve their profit targets, they need to curtail costs. Consumers are not ready to absorb much costs as they are presented with low-priced alternatives. The competition for customers among supply chain organizations is very high. Everyone competes for the dollar the consumer is willing to spend on goods. With property and advertising costs skyrocketing, careful management of the cost structure is required.

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3 years ago

The balance sheet of Concord Company at December 31, 2016, includes the following.

Stella [2.4K]

Answer and Explanation:

The Journal Entry is shown below:-

1. Cash Dr, $138,526

Discount on sales Dr, $1,974

$65,800 × 3%

To account receivable $140,500

(Being cash received on accounts receivable is recorded)

2. Accounts receivable Dr, $5,500

To Allowance for doubtful debts $5,500

{Being cash received against accounts receivable written off is recorded)

3. Allowance for doubtful debts Dr, $20,600

To Accounts receivable $20,600

(Being accounts receivable written off is recorded)

4. Bad debts Dr, $17,800

To Allowance for doubtful debts $17,800

(Being Allowance for doubtful debts created for bad debts is recorded)

Working Note for 4th entry

Allowance for doubtful debts

Particulars Amount Particulars Amount

To accounts receivable $20,600 By balance b/d 20,400

By account receivable $5500

to balance $23,100 By bad debts $17,800

Total $43,700 Total $43,700

5 0

4 years ago

Suppose tax rate on first $10,000 income is 0 percent; 10 percent on next $20,000; 20 percent on next $20,000; 30 percent on nex

vivado [14]

Answer:

Ans. Marginal Tax Family A=20% Marginal Tax Family B=40%

Average tax rate Family A=10% Average tax rate Family B=23%

Explanation:

Hi, first let´s clarify what marginal tax is:

Marginal tax: it is called marginal tax rate the highest percentage of income tax that somebody pays given its net income.

Since family A´s net income is 40,000, the last income fraction fits within the the 20% bracket, therefore, its marginal tax rate is 20%

On the other hand, Family B reaches the 40% bracket, so its marginal tax rate is 40%

Average tax rate

The best way to find the average tax rate is to calculate the weighted average of the taxes to pay times its tax rates, perhaps math can clarify this in a better way, check out the following equation for Family A.

$Average T.Rate=\frac{(10000x0+20000x0.1+10000x0.2)}{40000} =0.1$

0.1 means 10% (10/100) and 0.2 is 20%. Notice that the final value (10000x0.2) is because family A for its first 10K pays 0%, for the next 20K pays 10% and since the have already paid for 30K of their income, lastly they pay 10000x0.2 = 2000 for the remaining 10000 of net income.

In the case of Family B, this is what it should look like.

$Average T.Rate=\frac{(10000x0+20000x0.1+20000x0.2+30000x0.3+20000x0.4)}{100000} =0.23$

So, Family A´s average tax rate is 10% (0.1) and Family B 23% (0.23)

Best of luck.

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4 years ago