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love history [14]
2 years ago
13

You estimate your annual revenue to be 50,000 + 20,000y, where y is the number of years in business. What is your estimated reve

nue in 5 years?
Business
1 answer:
Arte-miy333 [17]2 years ago
4 0

Answer:

D.) 150,000

Explanation:

Multiply 20,000 by 5 =100,00 then add 50,000

You might be interested in
A strength of generation x managers is likely to be their multiple choice loyalty to the firm. individualistic approach to probl
lianna [129]

The strength of GENx managers may be their capacity to give feedback to workers. Maslow thought that the desire to meet unfulfilled wants served as the foundation for motivation.

<h3>What characterizes a competent manager?</h3>

In addition to leading teams and fostering their growth, excellent managers are also able to fully control their company's operations and performance. These are the individuals who consistently adapt to new circumstances, inspire others to realize their greatest potential, and produce their finest work.

Employee morale is raised and motivation for the job is increased thanks to feedback. It is an inherent attribute of a manager to be able to receive feedback from his staff.

Therefore, choice 3 is the appropriate response to the statement.

Learn more about Gen X managers:

brainly.com/question/9203476

#SPJ1

3 0
1 year ago
The following amounts were taken from the financial statements of Plant Company: 2012 2011 Total assets $800,000 $1,000,000 Net
adell [148]

Answer: 27 times

Explanation:

Market price of common stock = $67.50

Net income = 150,000

Weighted average number of common shares outstanding = 60,000

Value of each shares = 150,000 / 60,000 = $2.5 per share

The price Earnings ratio will then be:

= market price per share / earnings per share

= $67.50 / $2.50

= 27 times

8 0
2 years ago
Required information
Paladinen [302]

Answer:

Hudson Co.

1. Amount of sales dollars

= $2,430,000

2. Margin of safety (in percent)

= 33%

3-1) Contribution margin per unit = $45

2) Contribution margin ratio = 20%

3) Break-even point in units = 7,200 units

4) Break-even point in sales dollars = $1,620,000  $255

Explanation:

a) Data and Calculations:

HUDSON CO.

Contribution Margin Income Statement

For Year Ended December 31, 2019

Sales (9,600 units at $225 each)           $ 2,160,000

Variable costs (9,600 units at $180 each) 1,728,000

Contribution margin                                      432,000

Fixed costs                                                    324,000

Pretax income                                            $ 108,000

Contribution margin per unit = $45 ($432,000/9,600)

Contribution margin ratio = 20% ($45/$225 * 100)

Break-even point in units = 7,200 ($324,000/$45)

Break-even point in sales dollars = $1,620,000 ($324,000/0.20) $255

1. With target pretax income of $162,000:

Amount of sales dollars = (Fixed cost + Target profit)/Contribution margin ratio

= $2,430,000 ($324,000 + $162,000)/0.20

2. Margin of safety (in percent)

1. Amount of sales = $2,430,000

2. Margin of safety = $810,000 ($2,430,000 - $1,620,000)

Margin of safety in percentage = 33% ($810,000/$2,430,000 * 100)

6 0
3 years ago
What can a benefit and a drawback be for a ‘franchisor’?
Orlov [11]

<h3>Answers;</h3>

Benefit: Business growth without any risk of debt.

Drawback: Lack of control over franchisees.

5 0
3 years ago
At the beginning of the year, manufacturing overhead for the year was estimated to be $1,033,125. At the end of the year, actual
eimsori [14]

Answer:

36,250 direct labor- hours

Explanation:

Calculation to determine what the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:

First step is to calculate the Manufacturing overhead applied using this formula

Manufacturing overhead applied = Actual overhead + Overapplied overhead

Let plug in the formula

Manufacturing overhead applied= $972,000 + $65,115

Manufacturing overhead applied= $1,037,115

Second step is to calculate the Predetermined overhead rate using this formula

Predetermined overhead rate = Manufacturing overhead applied ÷Actual direct labor-hours

Let plug in the formula

Predetermined overhead rate= $1,037,115÷ 36,390 direct labor-hours

Predetermined overhead rate = $28.50 per direct labor-hour

Now let calculate the Estimated direct labor-hours using this formula

Estimated direct labor-hours = Estimated total manufacturing overhead ÷Predetermined overhead rate

Let plug in the formula

Estimated direct labor-hours= $1,033,125 ÷$12.50 per direct labor-hour

Estimated direct labor-hours= 36,250 direct labor- hours

Therefore the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been:36,250 direct labor- hours

4 0
2 years ago
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