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lianna [129]
3 years ago
13

A jacket potato vendor charges $3.92 per potato sold. The variable cost of each potato served is $1.21. The stall has a fixed co

st of $500 per week. What is the percentage decrease in unit contribution resulting from the drop in price to $3.00?
Business
1 answer:
BigorU [14]3 years ago
5 0

Answer:

% unit contribution margin= 33.95% drop

Explanation:

Giving the following information:

Selling price= $3.92

Unitary variable cost= $1.21

New selling price= $3

<u>First, we need to calculate both unitary contribution margin:</u>

Current contribution margin= 3.92 - 1.21= $2.71

New contribution margin= 3 - 1.21= $1.79

<u>Now, the percentage change:</u>

% unit contribution margin= [ 1- (1.79/2.71)]*100

% unit contribution margin= 33.95%

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"The Federal Reserve raises the reserve requirement from 7 percent to 8 percent. Consequently banks must set aside more money an
joja [24]

Answer: a. Inflation

Explanation:

Inflation refers to the general rise in prices of items in an economy in a certain period of time. Inflation essentially erodes the value of the domestic currency of the economy in question.

Central Banks like the Fed can use Monetary policy to influence inflation. In this case they reduced the amount of money in the economy by reducing bank loans. This will ensure that people cannot spend too much which would increase demand and therefore increase prices.

By doing this, they have limited the likelihood of inflation.

6 0
3 years ago
On January 1st, 2019, Pizza Company awarded 5 million of its no par common shares to key personal. The award is subject to forfe
Allisa [31]

Answer:

A. Debit Compensation Expense $10,000,000

Credit PIC-Excess Par $10,000,000

Explanation:

The total cost of the stock options granted is allocated to the respective years in which the stock compensation relates as below:

Total stock compensation=market value per share on grant date*number of stock options

Total stock compensation=$10*5,000,000=$50,000,000

compensation expense allocated per year=$50,000,000/5

compensation expense per year=$10,000,000

6 0
3 years ago
Revising for Conciseness - Eliminating Flabby Expressions,Limiting Long Lead-Ins, and Dropping Unnecessary FillersTime is money
kvv77 [185]

Answer:

Explanation:

Flabby expression is extra words that make your writing seems unclear, weak, rambling, and unstructured. It often contains overused words which seem meaningless to the reader.

It is required to eliminate the unnecessary words in order to make your writing reach a higher level. You need to make your message become concise. These examples show you how to change the flabby expressions into the concise ones.

Flabby

Concise

As a general rule

Generally

At a later date

Later

At this point in time

Now, presently

Despite the fact that

Although

Due to the fact that

Because

b. Limiting Long Lead-Ins

This means you need to delete unnecessary introductory words.

For example:

Instead of saying “I am sending you this e-mail to announce that we have hired a new manager”, you can say “We have hired a new manager”.

Dropping unnecessary there is/ are and it is/ was fillers

d. Rejecting Redundancies

Redundancies are expressions with repeating meaning or including unnecessary words (redundant. For example, the word unexpected surprise can be changed into surprise because unexpected carries the same meaning as surprise. Here are the examples of redundant and concise words.

. Purging empty words

Empty words and phrases: case, degree, the fact, factor, instance, nature and quality.

Because of the degree of active participation by our sales reps, profit soared.

It sounds better when we remove them.

Avoid saying the obvious.

If it comes, omit it.

This is to inform you that we have a toll-free service line

Clauses begin with that, which and who can often be shortened without loss of clarity.

All employees who are among those completing the course will be reimbursed.

Revising for clarity

a. KISS

KISS stands for Keep It Short and Simple. KISS formula is using active-voice sentences that avoid indirect, pompous language.

b. Cliches and Slang

Cliches are expressions, words, and phrases which are overused. For example, you say “below the belt” instead of “last but least”.

Slang is informal words with changeable meanings. For example, you write “gr8” instead of “great”.

Designing Documents for Readability

a. Employing white space

Use headings, bulleted numbers, effective margins, and Improve readibility and comprehension (shortening sentences & paragraphs) to increase the white space

b. Understanding Margins and Text Alignment

Business letters or memos usually have side margins of 1 to 1 ½ inches.

c. Choosing Appropriate Typefaces

Two most categories in business message are Serif typefaces whichh have small features at the end of strokes (e.g. Times New Roman, Century, Georgia and Palatino), and Sans serif typefaces which are clean and widely used for headings, signs and material that doesnt require continuous reading (e.g Arial, Calibri, Helvetica, Tahoma, Univers and Verdana)

For less formal message or decorative effects :

Happy, Creative script/ funny (Comic Sans, Brush script, Gigi, Jokerman, Kristen)

Assertive, Bold, Modern Display (Britannic Bold, Broadway, Elephant, Impact, showcard)

Plain Monospaced (Courier, Letter Gothic, Prestige Elite)

d. Capitalizing on Type Fonts and Sizes

During revision process, you need to think about font style and size appropriately. Make it looks comfortable according to the necessity.

e. Adding Headings for Visual Impact

By adding headings, you can improve readability, encourage the writer to group similar material together, and help busy readers to skim.

All examples are given in attachment

3 0
3 years ago
The Whistling Straits Corporation needs to raise $72 million to finance its expansion into new markets. The company will sell ne
Alisiya [41]

Answer:

1,390,718 shares

Explanation:

Amount to be raise = $72 million

Underwriters charges = 5%

Filling Fee = $700,000

After deducting the underwriters charges the amount remains 95% of the total value. The company needs to raise exact $72 million after all charges deducted so, will take this amount as 95% of the total and gross up this value to 100%.

Total Amount to be raised = Amount including the underwrites charge + Filling charge = ( $72,000,000 / 100% - 5% ) + $700,000 = $76,489,474

Share price = $55

Numbers of share = $76,489,474 / $55 = 1,390,718 shares

8 0
3 years ago
A sandwich at the deli can be made of ham, beef, or turkey on wheat, white, or rye bread. How many combinations of meat and brea
Nat2105 [25]
You can make a total of 9 combinations consisting of one meat and one bread
8 0
4 years ago
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