Answer:
Memo for business promotion
Explanation:
To : Manager
From : Finance Officer
Subject : Actions for moving forward
The business meeting has been concluded successfully and minutes of the meeting is prepared in the document. The business needs to be moved forwards as there are many competitors entering in the market. The business need to focus on introducing new products which are demanded by the customer and allow some customization according to customer needs. The packaging of the products also needs to be revised as the presentation is also important for customer to make a buy decision. The business profits will increase and the sales will be high.
Further minutes of the meeting are attached with the memo.
Sign: Edward,
The answer is $3,000 is due as you missed the 2% of discount after January 14th. 2/10 net 30 means you can take a 2% of discount if u paid by the 24th or the full amount is due in 30 days.
It will help you.
Answer:
Degree of Operating Leverage = 1.34
The Operating cash flow increases by 12%
The new operating cash flow is $290200
Explanation:
% change in Operating Cash Flow = Degree of Operating Leverage * % change in sales
There is need to calculate Degree of operating leverage first. Degree of operating leverage = Contribution / EBIT
Where Contribution = OCF + Fixed costs / OCF
Fixed costs= Total costs - variable costs = 300000 - 215000
Fixed Cost= 85000
Degree of operating leverage = (250000 + 85000) / 250000
DOL= 1.34
% change in OCF = DOL * % change in sales
% change in sales = (56000 - 50000) / 50000 = 12%
% change in OCF = 1.34 * 12% = 16.08%
New OCF = 250000 * (1+16.08%)
=$250000 * (1 + 0.1608)
=$250000(1.1608)
= $290200
Answer:
Mass media
Example
Mass media is actually the primary means of communication for the general public to communicate with each other as well as on a grander level. The most popular types of mass media include Newspapers, Radio, Television, Internet, Magazines.
Answer:
... whereas the fish in the private pond are <u>rival in consumption</u> and excludable.
... the fish in the river are an example of <u>common resource</u>, and the fish in the private pond are an example of <u>private good.</u>
<em>* the first sentence is wrong, the fish in the river are nonexcludable since anyone can fish on the river, or at least try to.</em>
Explanation:
If a good is rival in consumption, it means that if one person consumes it, it will lower the ability of another person to consume the good.
If a good is excludable, ten it can only be consumed by those that are willing and able to pay for it.
When a good is both nonexcludable and rival in consumption, it s a common resource.
A private good is both rival in consumption and excludable