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3 years ago

What payment type is best if you are trying to stick a budget

Business

2 answers:

gizmo_the_mogwai [7]3 years ago

6 0

Debit is the best payment type

DIA [1.3K]3 years ago

4 0

Cash. Because you're either going to have just enough, or not that much, which can prevent you from buying something that's not a necessity.

Debit would NOT be a good option because it's pulling money straight out of your bank account. So you will most likely always have enough money for anything you want if you have a lot of money in your bank account, and that wouldn't be a good option since you're trying to stick on a budget.

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Cotrone Beverages makes energy drinks in three flavors: Original, Strawberry, and Orange. Company is currently operating at 75 p

yulyashka [42]

Answer:

Yes Strawberry line should be dropped as it reduces the overall profit by$ 3600 when the fixed costs are not 20 %

Yes Strawberry line should be dropped as it reduces the overall profit by$ 1720 even when the fixed costs are 20 %

Explanation:

Cotrone Beverages

Differential Analysis

Totals Totals Difference / Change

including (less) Without (equals)

Strawberry Strawberry

Sales 253,200 167,600 85600 Decrease

Variable costs 201,400 124,200 77200 Decrease

Fixed costs allocated 35,600 28,480 7120 Decrease

Operating profit (loss) 13,200 14,920 (1720) Increase

Working

Total Fixed Costs Reduced will be = 35,600 *20%= 7120

Here we see the profit is increased by 1720 therefore strawberry line should be dropped.

Cotrone Beverages

Differential Analysis

Totals Totals Difference / Change

including (less) Without (equals)

Strawberry Strawberry

Sales 253,200 167,600 85600 Decrease

Variable costs 201,400 124,200 77200 Decrease

Contribution margin 51,800 43,400 8,400 Decrease

Fixed costs allocated 35,600 23,600 12000 Decrease

Operating profit (loss) 13,200 16,800 (3,600) Increase

Yes Strawberry line should be dropped as it reduces the overall profit by$ 3600

Working

We find the totals with and without the strawberry product line and then subtract to find the differential costs

Cotrone Beverages

Product Original Strawberry Orange Total

Sales $65,200 $85,600 $102,400 253,200

Variable costs 44,000 77,200 80,200 201,400

Contribution margin $21,200 $8,400 $22,200 51,800

Fixed costs allocated 9,400 12,000 14,200 35,600

Operating profit (loss) $11,800 $(3,600) $8,000 13,200

If we drop the strawberry line then the new totals would be

Product Original Orange Total

Sales $65,200 $102,400 167,600

Variable costs 44,000 80,200 124,200

Contribution margin $21,200 $22,200 43,400

Fixed costs allocated 9,400 14,200 23,600

Operating profit (loss) $11,800 $8,000 16,800

6 0

3 years ago

I got a 50 the first time taking this, don’t know what I got wrong.

loris [4]

Answer:

Price elasticities of demand and supply

Explanation:

Tax is a compulsory amount levied on goods and services by the government or an agency of the government.

taxes increases the prices of goods and services

Deadweight loss of tax refers to a reduction in quantity demanded and supplied as a result of tax.

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

If demand or supply is elastic, the deadweight loss of tax is higher. If demand or supply is inelastic, the deadweight loss of tax would be lower.

8 0

3 years ago

Steve has built an online shopping website and he would like to increase his website ranking in the search results. You are his

Kruka [31]

Answer: By linking his website to other popular websites.

Hope this helps you.

3 0

3 years ago

A salary owed to employees is an example of an accrued expense a. True b. False

pogonyaev

a. True

An accrued expense is an expense that exists in the books before it is paid off and it's a liability. It's a periodic and documented expense, and they are the opposite of prepaid expenses. A salary owed to employees is an example of an accrued expense.

5 0

3 years ago

Read 2 more answers

If interest rates increase from 8% to 9½%, we would expect to see an

____ [38]

Answer:

a decrease in the demand for money

Explanation:

As the money is now more expensive because, holding cash in hand means not capitalize with the interest, the agents (families and business) will try to not have liquid money but, invest to achieve the better yields.

6 0

4 years ago