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3 years ago

8

For Flynn Company, variable costs are 70% of sales, and fixed costs are $195,000. Management’s net income goal is $75,000. Compu

te the required sales in dollars needed to achieve management’s target net income of $75,000.

1 answer:

Nookie1986 [14]3 years ago

3 0

Answer:

i would 75,345 is your answer

Explanation:

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The S&P 500 index delivered a return of 20%, -10%, 20%, and 5% over four successive years.

sladkih [1.3K]

Answer:

C) 8.75%

Explanation:

Number of periods = 4 years

Given return rates = 20%, -10%, 20%, and 5%

To obtain the arithmetic average annual return, add the return rates given for all periods and divide the sum by the number of periods.

$AAR = \frac{20-10+ 20+ 5}{4} \\AAR=8.75\%$

Over four years, the S&P 500 index delivered an arithmetic average annual return of 8.75%.

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3 years ago

Do some independent research on Nicholas Carr (the author of "IT Doesn’t Matter") and explain his current position on the abilit

pychu [463]

Answer:

I agree with Carr's position.

Explanation:

Nicholas Carr is a book author who conceived in america and he has distributed numerous books and articles on innovation, business, and culture.

Nicholas Carr composed an article called "IT Doesn't Matter" in Harvard Business school at 2003 and in the year 2004 he distributed book called "Does IT Make a difference"

So His thoughts irritated the data innovation industry for decages.

Nicholas Carr is a previous individual from the Encyclopedia Britannicas publication leading group of counsels.

Nicholas Carr was additionally in the directing leading group of the World Economic Forums distributed computing venture.

Nicholas Carr was an author in home at the University of California at Berkeleys news coverage school.

So Since 2005 he has composed the well known blog which got exceptionally famous.

Nicholas Carr was likewise previous official proofreader of the Harvard Business Review.

His present position is composing and giving a few methods in business and innovation.

I concur with the situation of Nicholas Carr why in light of the fact that with the assistance of his articles we would knowledge be able to better information on business, innovation and culture.

With the goal that we can improve our range of abilities and we can learn new things in various societies and advancements.

By help of his articles and books we can increase some view over various territory in business and new innovations.

So there are a lot of individuals who followed his articles and books and got numerous inputs to him with respect to the new articles and innovations.

Nicholas Carr utilizes crafted by Gary Small and enduring the mechanical change of the advanced psyche and the hypothetical bedrock of The Shallow and he likewise cast chilling forecasts about what's to come.

Nicholas Carr books overlooks the nature of the real book being perused and which is appears to accept that the thoughts in books are of inherently better quality.

Indeed, even every one of Nicholas Carr proclamations are seen to disentangle after a touch of pushing.

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3 years ago

Define interest rates and explain how they have changed since March 2020. What impact have these changes had on businesses?

Masja [62]

Answer:

When interest rates change, there are real-world effects on the ways that consumers and businesses can access credit to make necessary purchases and plan their finances. It even affects some life insurance policies. This article explores how consumers will pay more for the capital required to make purchases and why businesses will face higher costs tied to expanding their operations and funding payrolls when the Fed changes the interest rate. However, the preceding entities are not the only ones that suffer due to higher costs, as this article explains.

Explanation:

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3 years ago

Financial Statements from the End-of-Period Spreadsheet

alexdok [17]

Answer: See explanation

Explanation:

Triton Consulting Income Statement For the Year Ended April 30, 20Y3:

Fees earned 279000

Less: Expenses:

Salary expenses = 242000

Supplies expenses 1650

Depreciation expense. 900

Miscellaneous expenses 2000

Total expense = 246550

Net income 32450

Triton Consulting Balance Sheet April 30, 20Y3

Assets

Current assets

Cash 21500

Account receivable 51150

Supplies 750

Total current asset = 73400

Property, plant and equipments

Office equipment 32000

Accumulated Depreciation 5400

Total property,plant and equipment = 26600

Total asset = 100,000

Liabilities

Current liabilities:

Account payable: 3350

Salary payable: 2000

Total liabilities = 5350

Stockholders equity

Common stock 20000

Retained earnings 74650

Total stockholders equity = 94650

Total liability and stockholders equity = 100,000

5 0

3 years ago

List four people who are likely to play a role in the induction of a new employee?

RUDIKE [14]

Answer: The answer is personnel manager,Top level management such as Directors, Marketing manager, Safety officer

Explanation:

Induction is the process of introducing the new employees into the organization. During the induction process the new employees are acquainted with the policies, practices and general objectives of the organization. Induction is done with a view to generate the personal interest of the new employees in the organization and also to create the employees enthusiasm for the job and to ensure the employees loyalty to the organization. It involves the explanation of the issues such as history of the organization, products and services, General policies and practices, benefits such as insurance ,retirement and vacation, safety regulation .The following officers are likely to play a role in the induction of new employee

Personnel manager for personnel matters such as the benefits that will accrue to such employees such as insurance, retirement benefit and vacation benefits

Marketing manager to handle products and services offer to the target market by the organization

Top level management such as directors to handle matters such as Organization history and General policies and practices

Safety officer to handle matter such as the safety precaution to be taken by the new employees while doing their job

7 0

3 years ago