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Eva8 [605]
2 years ago
11

Iship

Business
1 answer:
Natali [406]2 years ago
5 0

Explanation:

<h2> Attributes of an entrepreneur </h2>
  1. Should be innovative and creative
  2. hould be risk taker
  3. hard worker
  4. should be confident in what he/she is doing

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Suppose sales increase by 20 percent next month. Calculate the effect that increase will have on her profit. (Round your interme
Lilit [14]

Answer:

26.50%

Explanation:

Note: The full question is attached below

Contribution margin = Sales - Variable expenses

Contribution margin = $31 - $15

Contribution margin = $16

                                          Current          Proposed

Contribution margin         $6,080             $7,296

<em>                                          ($16*380)       (6080*$1.2)</em>

Fixed Cost                         <u>($1,490</u>)            <u>($1,490)</u>

Net operating income      $4,590            $5,806

Increase in profit = ($5,806 - $4,590) / $4,590

Increase in profit = 0.2649237

Increase in profit = 26.50%

7 0
2 years ago
A company pays its employees $4,250 each Friday, which amounts to $850 per day for the five-day workweek that begins on Monday.
BartSMP [9]

Answer:

$3,400

Explanation:

Out of five day workweek, accounting period ends on Thursday which indicates that employees work only for 4 days. Therefore, salaries are earned only for 4 working days and unpaid at the end of the accounting period

Salaries earned but unpaid= 4 working days * $850 per day = $3,400

Hence, salaries earned but unpaid at the end of the account period is $3,400

5 0
3 years ago
PLEASE HELP WILL GIVE BRAINLIEST TO CORRECT ANSWER
Serhud [2]
C. money is often not reinvested into the country
8 0
3 years ago
A best-seller novel sells for $28 in hardback edition and $12 in a paperback edition. a book store's sales of both editions tota
Mekhanik [1.2K]
The number of each type of book is what is unknown, so we can represent those quantities with variables. Let x = the number of hardbacks and y = the number of paperbacks. Then we know that: x + y = 65 (the total number of books sold) We also know the total cost of both editions, which is $1356. It can be written algebraically as: 28x + 12y = 1356 We now have a system of two equations, which can be solved by substitution. It would be easier to solve the first equation for either x or y and substitute that into the second equation. 
6 0
3 years ago
Cost of Goods Sold Budget Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budge
tresset_1 [31]

Answer:

Cost of Goods Manufactured = $1,797,100

Explanation:

Cost of Goods Sold Budget

for the Month Ending June 30

Particulars                                                    Amount ($)     Amount ($)      

Finished Goods Inventory                            $14,300

Work in process inventory                            $9,600         $23,900

Direct Materials:

Direct materials inventory                            $11,500

Direct materials purchases                          $1,372,500

Less: Direct material inventory June 30     $(12,700)

Cost of Direct materials in use:                                        $1,371,300

Direct labor                                                                        $164,700

Factory Overhead                                                             $247,100

Total Manufacturing Cost                                                $1,807,000

Total work in process during period          

less: work in process inventory June 30   $(9,900)

Cost of goods manufactured                                           $1,797,100

5 0
3 years ago
Read 2 more answers
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