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3 years ago

Crowding-out is the notion that:_________

Business

1 answer:

Sunny_sXe [5.5K]3 years ago

3 0

Answer:

Explanation:

The theory of crowding out is that as government spending and borrowing increases, the demand for money would increase. This would lead to an increase in interest rate. As a result, the level of investment spending would decline. The theory submits that increased government spending would drive down private spending

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Jim, an employee of CL Inc., is responsible for planning, marketing, budgeting, sales, and profit performance of a specific bran

Ulleksa [173]

Answer: Product Manager.

Explanation:

Jim is the product manager in his company, hence he is in charge of supervising the design, development and marketing of the product of his organization. Jim's duty is to ensure quality products are produced that meet the consumer needs and at the same time the products are profitable for his company.

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3 years ago

23. What law states that a decrease in price brings about an increase in the quantity<br> demanded?

denis-greek [22]

The law of demand states that, other things remaining the same, if the price of a good rises, the quantity demanded of that good decreases; and if the price of a good falls, the quantity demanded of that good increases.

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4 years ago

The factors that need to be determined to compute depreciation are an asset's: a. Cost, residual value, and physical life. b. Fa

lakkis [162]

Answer:

Cost, residual value, and service life

Explanation:

The computation of depreciation requires three (3) inputs.

Cost: the acquisition cost of the asset

Residual value: the value at which the asset will be sold

Service life: the number of years the assets will be used by a company (also known as useful life).

Thus $Depreciation = \frac{Cost - Residual Value}{Service Life}$

Physical life will be inappropriate because the physical life includes not only the useful life of the asset in a company, but also the life of the asset when it is sold.

The fair value of an comes into play when the asset is revalued, usually for a sale. Replacement value is similar to fair value as it is the market value of the asset at a given point in time.

7 0

3 years ago

Sheridan Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports G

BigorU [14]

Answer:

b. $19500000.

Explanation:

Break-even point is the level of sales on which business has no profit no loss situation. The business only covers the variable and fixed cost at this point.

Total Contribution can be determined by calculating adding estimated contribution of each division.

Total Contribution ratio = (65% x 30%) + (35% x 50%) = 19.5% + 17.5% = 37%

Fixed cost = $7,215,000

Break-even point = Fixed cost / Contribution margin ratio = $7,215,000 / 37% = $19,500,000

7 0

3 years ago

Read 2 more answers

Kankakee Cosmetics Company is planning a one-month campaign for December to promote sales of one of its two cosmetics products.

Masja [62]

Answer:

Kankakee Cosmetics Company

Differential Analysis for Moisturizer:

Relevant Costs:

Direct Materials $12.00

Direct labor $8.00

Var. Factory O/H $3.00

Var. selling expenses $2.00

Total Variable costs = $25.00

Unit Selling price = $35.00

Contribution = $10.00

Total contribution = $400,000

Advertising, etc. = $150,000

Differential Profit = $250,000

Differential Analysis for Perfume:

Relevant Costs:

Direct Materials $20.000

Direct labor $10.00

Var. Factory O/H $6.00

Var. selling expenses $3.00

Total Variable costs = $39.00

Unit Selling price = $55.00

Contribution = $16.00

Total contribution = $480,000

Advertising, etc. = $150,000

Differential Profit = $330,000

Explanation:

A differential analysis is a managerial accounting technique that considers factors that are unique to each decision and uses those factors to arrive at a decision.

It is also called incremental analysis. In the analysis, differential revenue of each alternative and their differential costs are compared to find the alternative that yields the greater profits.

Fixed costs or sunk costs are not taken into account with this type of analysis. Only the variable costs are considered, because they make the differences.

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4 years ago