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MArishka [77]
3 years ago
12

What is the difference between profit and revenue?

Business
1 answer:
maria [59]3 years ago
7 0

Answer:

Revenue is the total amount producers receive after selling a good. Profit is the total amount producers earn after subtracting the production costs.

Explanation:

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You write one JNJ February 70 (strike price) put for a premium of $5. Ignoring transactions costs, what is the break-even price
Lera25 [3.4K]

Answer:

$65

Explanation:

The computation of the break even price for this position is shown below:

Break even price is

= Strike price - premium

= $70 - $5

= $65

The stock goes upward to $65 so you lose only $5 but it falls than the stock would be $0

Hence, the break even price of this position is $65

Therefore by applying the above formula we can get the break even price and the same is to be considered

4 0
3 years ago
Singh Co. reports a contribution margin of $960,000 and fixed costs of $720,000. (1) Compute the company’s degree of operating l
Alex

Answer: 1. Degree of Operating Leverage = 4

2. $384,000

Explanation:

1. Degree of Operating Leverage is calculated by dividing the Contribution margin by the Net Operating income.

Now, the Contribution margin is the difference between Price and Variable Cost. This means that if you remove fixed costs from it as well you get your profit.

Therefore 1. can be calculated thus,

Degree of Operating Leverage = Contribution Margin / Net Operating income

Degree of Operating Leverage = 960,000 / 960,000 - 720,000

Degree of Operating Leverage = 4

2. When Sales increases by a certain percentage we multiply that percentage by the Degree of Operating Leverage to find out how much Income will increase by.

Because sales went up by 15%, Singh Co. can expect that income would rise by,

= 15% * 4

= 60%.

Now income is Contribution margin - fixed costs so we have,

Income = 960,000 - 720,000

Income = $240,000

An increase of 60% would be

= 240,000( 1+ 60%)

=$384,000

$384,000 is the amount of income that Singh Co. can expect.

4 0
3 years ago
Based on this​ analysis, a large portion of product cost relates to direct material. Managers should determine whether the direc
drek231 [11]

Answer:True

Explanation:

A large portion of product cost relates to direct materials and the number if setups is directly proportional to the length if time require to carry out production. When producing I Small lots,production will take place in small scale and transported in small scale so bearing goods to a consumer with large will involve repeated production and multiple shipping to meet up .

5 0
3 years ago
"we are busy producing and marketing profitable products for society to enjoy! now you want us to provide legal services, day-ca
Dovator [93]

The answer is<u> "The economic model of social responsibility".</u>


The economic model of social responsibility holds that society will profit most when business is allowed to sit unbothered to deliver and advertise beneficial items that society needs. Whereas the socioeconomic model of social responsibility places emphasis on benefits as well as on the effect of business choices on society.

4 0
3 years ago
One of the Ten Principles of Economics in Chapter 1 is that people face tradeoffs. The growth that arises from capital accumulat
Trava [24]

Answer:

B.sacrifice consumption goods and services now in order to enjoy more consumption in the future.

Explanation: Tradeoff is a term used in Economics to refer to the sacrifice of a particular quality or goods in order to enjoy the benefits of the use of another.

Tradeoffs are applied in Economic decisions especially in a situation where there are two competing needs, it is applied in order to choose the most urgent and necessary while the other can be considered for a later day or period.

Applying tradeoffs in Economic decisions will lead to an increase of one factor or need which will lead to a decrease in another factor or need.

4 0
3 years ago
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