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omeli [17]
3 years ago
9

Bull City Industries is considering issuing a $100,000, 7% note to a creditor on account.

Business
1 answer:
nignag [31]3 years ago
8 0

Explanation:

......... ............n

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Jasper Furnishings has $225 million in sales. The company expects that its sales will increase 10% this year. Jasper's CFO uses
lions [1.4K]

Answer:

$75,637.5

Explanation:

Sales = $225 million

Growth in sales = 10%

Inventory = $15 + 0.245(Sales)

(sales) S1 = $225,000,000 × 1.10

   = $247,500,000

Inventory = $15 + 0.245 ($247.5)

                = $15 + 60.6375

                = 75.6375

Since this relationship is expressed in thousands of dollars,

Inventory = $75.6375 x $1000

                = $75,637.5

7 0
3 years ago
Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own;
valentinak56 [21]

A)Degree of operating leverage=Contribution/EBIT

=6400,000/2140000=2.99.

B) Degree of operating leverage=Contribution/EBIT

=5600,000/1340000=4.18

C) Degree of operating leverage=Contribution/EBIT

=7600,000/1015000=7.49

One conclusion that companies can draw from examining operational leverage is that companies that minimize fixed costs can increase profits without changing selling prices, contribution margins, or unit sales.

The Operating Leverage formula is used to calculate a company's break-even point, helping to set a reasonable selling price that covers all costs and produces a profit. This gives you insight into how well your company is using fixed-cost items such as inventory and machinery to make a profit. The more profit a company can extract from the same amount of fixed assets, the higher its operational leverage.

Learn more about operating leverage at

brainly.com/question/24278932

#SPJ4

4 0
2 years ago
You are planning a special wedding three years from today. You don't know who your spouse will be but you do know that you are s
Novay_Z [31]

Answer:

Total amount collected = $94,400

Explanation:

Given:

1st investment = $25,000

2nd Investment = $35,000

3rd investment = $45,000

Computation of total amount:

Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1+r)^1} +\frac{45,000}{(1+r)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1+0.07)^1} +\frac{45,000}{(1+0.07)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1.07)^1} +\frac{45,000}{(1.07)^3} \\\\Total\ amount = \frac{25,000}{1} +\frac{35,000}{(1.07)} +\frac{45,000}{(1.2250)} \\\\Total\ amount = 25,000 +32,710.28 +36,734.6939 \\\\Total\ amount = 94,444 \\\\

Total amount collected = $94,400

3 0
3 years ago
Differentiate between accounting and bookkeeping
UkoKoshka [18]
Accounting adds and subtracts numbers billing etc.
Bookkeeping just organizes and stores imformation.
5 0
3 years ago
Describe how effective employee relations techniques prevent the need for unionization.
timofeeve [1]

Employees join unions because of their discontent with how management regales employees and a belief that the union can create conditions in the workplace better.

<h3>What is unionization?</h3>

Joining together in unions allows workers to negotiate for higher wages and advantages and enhance conditions in the workplace. There exist millions of union members in America from all walks of life.

Employees join unions because of their discontent with how management regales employees and a belief that the union can create conditions in the workplace better. While pay and advantages exist often hot topics in union organizing tactics, employees are most affected to join a union when the company is scented to be unfair, unresponsive, or presenting substandard working conditions to employees.

Employers that minimize employee dissatisfaction can also minimize employees’ passion for union representation. Strategies that help discourage union approval are:

  • Fair and consistent procedures and practices.
  • Open door management procedures.
  • Competitive compensation and benefits.
  • Employee confidence and recognition.

A workplace that fosters sound relationships between management and employees and addresses employee relations exists much less likely to force employees to union miniature for assistance.

To learn more about unionization refer to:

brainly.com/question/12222284

#SPJ4

8 0
1 year ago
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