What is cover letter is?

Macroeconomics deals with the short-run variations in economic growth that make up the business.

madam [21]

Macroeconomics deals with the short-run variations in economic growth that make up the business cycle

This is further explained below.

<h3>What is Macroeconomics?</h3>

Generally, The study of an economy's performance overall, structure, behavior, and judgment is the domain of macroeconomics, a subfield within the discipline of economics.

The increase of economic activity is followed by periods of contraction, which together make up a business cycle.

These shifts have repercussions not just for the well-being of the general population but also for the operations of private organizations.

Business cycles are a sort of variation that may be observed in the overall economic activity of a country.

A business cycle is a cycle that consists of expansions happening at about the same time in numerous economic activities, followed by contractions that are equally widespread in nature.

In conclusion, The business cycle is the primary focus of macroeconomics, which analyzes the short-term fluctuations in economic growth that occur throughout it.

Read more about Macroeconomics

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5 0

2 years ago

A flower shop acquired 80 new customers last year. Costs in the marketing and sales areas were the following:

Anna11 [10]

Answer:

$1,215 per customer

Explanation:

Add all costs:

Marketing Costs = $1,200

Sales Costs = $9,000

Salaries = $87,000

Total = $97,200

$97,200 divided by 80 new customers = $1,215 per customer

6 0

2 years ago

Outdoor luggage inc. makes high-end hard-sided luggage for sports equipment. data concerning three of the company's most popular

Elden [556K]

1-a. The total time available on the plastic injection molding machine is the constraint in the production process. What is the contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

Answer:

We need to need to find the contribution margin for each product.

$Contribution Margin per unit = Selling Price per unit - Variable cost per unit$

Then we need to find contribution margin per unit of constrained resources with the following formula:

$Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}$

Constraint: Time available on plastic injection moulding machine

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Processing time per unit (minutes) 2 5 4

Contribution Margin unit of constraint 70 (140/2) 32 (160/5) 50

1-b. Which product would be the most profitable use of this constraint?

Manufacturing the Ski Guard would be the most profitable use of this constraint since it has the maximum contribution margin per unit of constraint, ($70 per unit).

1-c. Which product would be the least profitable use of this constraint?

The Golf Guard would be the least profitable use of this constraint since it has the least contribution margin per unit of constraint, at $32 per unit.

2a. A severe shortage of plastic pellets has required the company to cut back its production so much that the plastic injection molding machine is no longer the bottleneck. Instead, the constraint is the total available pounds of plastic pellets. What is contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

We need to need to find the contribution margin for each product.

$Contribution Margin per unit = Selling Price per unit - Variable cost per unit$

Then we need to find contribution margin per unit of constrained resources with the following formula:

$Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}$

Constraint: Pounds of plastic pellets

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Plastic pellets per unit (pounds) 7 4 8

Contribution Margin per pound 20 (140/7) 40 (160/4) 25 (200/8)

2-b. Which product would be the most profitable use of this constraint?

The Golf Guard would be the most profitable use of this constraint since it has the maximum contribution margin per unit of constraint, ($40 per unit).

2-c. Which product would be the least profitable use of this constraint?

The SkiGuard, with a contribution margin of $20 per pound of plastic would be the least profitable use of this constraint.

3. Which product has the largest unit contribution margin?

Answer : The fishing guard has the largest per unit contribution margin at $200.

6 0

3 years ago

Effect of Transactions on Cash Flows State the effect (cash receipt or payment and amount) of each of the following transactions

xeze [42]

Answer:

The classification is shown below:

Explanation:

As we already know that

Cash receipts is the amount which is received by the company in cash that results in increment in cash balance. It is a cash inflow

While the cash payment is the amount which has to be paid by the company in cash that results in decrements in cash balance. It is a cash outflow

So based on this, the categorization is presented below:

Retired $200,000 of bonds, on which there was $2,000 of unamortized discount, for $208,000. = Cash payment for $208,000

Sold 12,000 shares of $20 par common stock for $39 per share. = 12,000 shares × $39 = $468,000 cash receipt

Sold equipment with a book value of $47,500 for $68,400. = Cash receipt for $68,400

Purchased land for $328,000 cash. = Cash payment for $328,000

Purchased a building by paying $51,000 cash and issuing a $90,000 mortgage note payable. = Cash payment for $51,000

Sold a new issue of $270,000 of bonds at 98. = Cash receipts for $264,600 ($270,000 × 0.98)

Purchased 4,000 shares of $30 par common stock as treasury stock at $60 per share. = Cash payment for $240,000 (4,000 shares × $60)

Paid dividends of $1.90 per share There were 19,000 shares issued and 3,000 shares of treasury stock. = Cash payment for $304,00 (19,000 shares - 3,000 shares) × $1.90

7 0

4 years ago

The following information is available for Amos Company for the year ended December 31, 2017. Balance of retained earnings, Dece

kvv77 [185]

Answer:

The retained earnings of Amos company for the year ended 31st December 2017 is $1,016,400.00

Explanation:

In calculating retained earnings for 2017, I began with prior year retained earnings of $866,000,deducted depreciation net of taxes not recorded previously.

After,having adjusted retained earnings for prior year, I added net income for the year 2017 of $216,000

Finally,I deducted dividends paid during 2017 of $25000 to arrive at closing retained earnings for 2017 as shown in the attached.

Download xlsx

8 0

3 years ago