1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tangare [24]
2 years ago
15

Variable costs as a percentage of sales for Lemon Inc. are 71%, current sales are $551,000, and fixed costs are $207,000. How mu

ch will operating income change if sales increase by $37,600? a.$10,904 increase b.$26,696 decrease c.$26,696 increase d.$10,904 decrease
Business
1 answer:
MAVERICK [17]2 years ago
7 0

Answer: a.$10,904 increase

Explanation:

Operating income before sales increase:

= Sales - Variable costs - Fixed costs

= 551,000 - (71% * 551,000) - 207,000

= -$47,210

Operating income after sales increase:

Sales increases to:

= 551,000 + 37,600

= $588,600

= 588,600 - (71% * 588,600) - 207,000

= -$36,306

Difference:

= -47,210 - (-36,306)

= Increase of $10,904

You might be interested in
In January 2016​, currency held by individuals and businesses and​ traveler's checks was ​$1,347 ​billion; checkable deposits ow
Zielflug [23.3K]

Answer:

M_1 = $3111

M_2 = $12409

Explanation:

    Given data:

Amount of currency held  =  $1347 billion

checkable deposit $1347 billion

saving deposit $8189 billion

small time deposit $400 billion

market fund $709 billion

Saving deposit in the form M2 and M1

M_1 =  currency held as individual and traveller check +  checkable deposit

       = $1347 + $1764

M_1 = $3111

M_2 = M_1 +  saving deposit _ time deposit + maket funds

       = $3111 + $8189 + $400 + $709

M_2 = $12409

3 0
2 years ago
HELP ASAPPPP HELPPP PLEASE HELP ME NO LINKS
Alenkinab [10]
Umhow are we supposed to help u with this?
7 0
2 years ago
Personal finance skills have the most significant impact on an individual's
ryzh [129]

Answer:

Quality of life.

Explanation:

Financial skills can be defined as those skills that are used to tackle an unpredictable financial situation. It requires knowledge and understanding to manage such situations. Using these skills one is able to turn this tough situation in favor of ownself.

Such skills are used in the professional line by accountants, financial analysts, etc.

<u>Having personal financial skills helps in enhancing the quality of life. Having financial skills in personal life helps in many things such as savings, bargaining, able to distinguish between what they need and what they want, etc</u>.

So, the correct answer is quality of life.

7 0
3 years ago
______ refers to changes in behavior, cognitions, values, language, cultural activities, personal relational styles, and beliefs
sergeinik [125]

Answer:

2. acculturation

Explanation:

Acculturation -

It is process where the cultural , psychological and social changes are balanced between any two cultures , which adapting the prevailing  one in the society , in  referred to as acculturation.

In this method , the people adapts to a particular new culture of the society.

In order to learn and adapt and live along with the society .

The people actively tries to adapt to the new prevailing culture by increasing participation.

Hence , from the given information of the question,

The correct term is acculturation.

3 0
3 years ago
If your business operates in more than one state or in a large area, it's a good idea to register the trademark with what organi
mars1129 [50]
If your business operates in more than one state or in a large area, it's a good idea to register the trademark with <span>USPTO.</span>
6 0
2 years ago
Read 2 more answers
Other questions:
  • You first look at the trial balance. In addition to the account balances reported in the income statement, the ledger contains t
    15·1 answer
  • Assume that the price of oranges increases to $2, while the price of apples remains at $1, and Linda allocates $5 of the weekly
    13·1 answer
  • Mondale Winery depreciates its equipment using the group method. The cost of equipment purchased in 2021 totaled $565,000. The e
    15·1 answer
  • Creative locations, such as kiosks at the baggage claim in airports or small booths in grocery stores, represent Starbucks' effo
    15·1 answer
  • • What is a “Vocational qualification”? .​
    10·2 answers
  • In an acquisition the firm being purchased is the and the firm which is purchasing the other firm is the
    15·1 answer
  • The mode of transportation that results in the lowest transportation cost will also lower total costs for a supply chain.
    15·1 answer
  • How many schools in plano
    15·1 answer
  • Classify each statement about the Federal Reserve System as either true or false.
    15·1 answer
  • Which component of marital success is generally ranked highest among adults in the united states? group of answer choices
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!