Answer:
If both companies have the sames sales volume, total costs and income from operations, the reason why Gouda has a lower break even point is that their variable costs are lower. We use the contribution margin per unit to calculate the break even point and the contribution margin per unit = sales price - variable costs. The question states that total costs are equal, but it doesn't say anything about variable or fixed costs.
Assuming that Gouda is above break even point, each sale will generate a higher operating profit since the contribution margin is higher.
Explanation:
Answer:
C. When the recipient was not included on the original email.
Explanation:
This is the correct option because forwarding allows the new recipient to see the email that was sent if they were not originally included.
~theLocoCoco
Answer:
Politics
Public relations
Explanation:
There are 4 styles of learning namely:
- Sensing uses their senses to understand the world. They verify first for themselves them they believe
- Intuitive perceives inner meaning in how people relate with each other. Usually they don't just take what they see but look for deeper significance.
- Thinking the individual looks at facts and verifiable information. Thinks in terms of cause and effect.
- Feeling is based on like and dislike. They don't use logic but rather implied meaning of actions.
So for a intuitive-feeling style are those who continuously seek for self expression. They are not comfortable with routine tasks. Do not like following set procedures but act intuitively.
These set of people will do better on politics of public relations
Answer:
a)
1. Explicit cost
2. Implicit Cost
3. Implicit Cost
4. Explicit cost
b)
Accounting Profit is $62000.
Economic Profit is -$3000. (a loss of $3000)
Explanation:
a)
Explicit costs are those costs incurred by a business that require an outlay of money as a result of operating a business.
Implicit costs, on the other hand, are the costs that do not require an outlay of money as a result of operating a business. They are instead the opportunity costs of operating a business or the benefits that are foregone.
1. The wages and utility bills are a result of operating a business and requires and outlay of money as their payment. They are <u>explicit costs.</u>
2. The rental income could have been earned if Larry rented the showroom he is using to operate his business from. The rent foregone is an opportunity cost and is an <u>implicit cost.</u>
3. The salary Larry could have earned is also something that Brian has to forego to operate his business and is an <u>implicit cost.</u>
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4. The cost of purchases paid to manufacturer requires outlay of money and is an <u>explicit cost.</u>
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b)
Accounting profit = Total Revenue - Total explicit cost
Economic profit = Total revenue - (Total Explicit Cost + Total Implicit Cost)
Accounting Profit = 793000 - 430000 - 301000 = $62000 profit
Economic profit = 793000 - (430000 + 301000 + 15000 + 50000) = -$3000 loss
