Answer:
Cost structure:
![\left[\begin{array}{ccc}&$greenback&$one-Mart\\$sales&480,000&480,000\\$variable cost&288,000&144,000\\$contribtuion&192,000&336,000\\$fixed&100,800&244,800\\$operating&91,200&91,200\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D%26%24greenback%26%24one-Mart%5C%5C%24sales%26480%2C000%26480%2C000%5C%5C%24variable%20cost%26288%2C000%26144%2C000%5C%5C%24contribtuion%26192%2C000%26336%2C000%5C%5C%24fixed%26100%2C800%26244%2C800%5C%5C%24operating%2691%2C200%2691%2C200%5C%5C%5Cend%7Barray%7D%5Cright%5D)
a 10% increase in sales generates increase in profits for:
greenback: 19,200
one-Mart: 33,600
Explanation:
10 increase in sales:
480,000 x 10% = 48,000
to calcualte the increase in profit, we multiply the increase in sales by the contribution margin:
greenback 48,000 x 0.4 = 19,200
one-Mart 48,000 x0.7 = 33,600
Answer: $3,086
Explanation:
Wrote checks totaling $41,500 in
October less $39,460 of these checks cleared in October
Wrote checks totaling $45,321 in November less $44,275 cleared the bank in November
Balance of uncleared checks
In October is $41,500 - $39,460 = $2,040
In November is $45,321 - $44,275 = $1,046
Total outstanding checks on 30 Nov is $2,040+$1,046 = $3,086
Answer:
B) Something a person is able to do.
Explanation:
On my assignment, got it correct.
Answer:
60 pizzas
40 pizzas
Explanation:
Marginal product measures the change in output as a result of a change in input by one unit
Marginal product = change in output / change in input
Marginal product for the 4th worker
Change in output = 360 - 300 = 60 pizzas
Change in input = 4 - 3 = 1 worker
Marginal product = 60 / 1 = 60
Marginal product for the 5th worker
Change in output = 400 - 360 = 40 pizzas
Change in input = 5 - 4 = 1
Marginal product = 40 / 1 = 40
It can be seen that marginal product decreased from 60 to 40 when the 5th worker was added. This illustrates diminishing marginal returns.
The law of diminishing returns says as more units of a variable input is added to a fixed income of production, output might increase at a point but after some time total output would increase at a decreasing rate and marginal product would be decreasing.
Answer:
$14 million
Explanation:
Operating working capital = Operating current assets - Operating current liabilities
Operating working capital = $20 million - $6 million
Operating working capital = $14 million
The total net operating capital that XYZ, Inc. has is $14 million
