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astraxan [27]
3 years ago
9

When might the exchange rate affect you most directly?

Business
1 answer:
Tanzania [10]3 years ago
8 0

Answer: answer d seem more likly because you   have then traveld to another country

Explanation:

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Endless Mountain Company manufactures a single product that is popular with outdoor recreation enthusiasts. The company sells it
elixir [45]

Answer:

1. a. Total Fixed Cost $468,000

b. Variable cost per unit sold $1.25

c. Contribution margin per unit $10.5

d. Break even point in unit sales 44,571 units

e. Margin of Safety 10.8%

f. Degree of operating Leverage  2.3%

Explanation:

Margin of Safety :  Current sales in units - Break even Sales in units

Break even Point in unit sales  = Fixed cost / contribution margin

Degree of operating leverage = % change in operating leverage / % change in sales

{[667088 - 525218 ] / 667,088]} / {[55,000 - 50,000] / 55,000}

21 / 9.09 = 2.3%

Contribution Margin : Selling price per unit - Variable cost per unit

$32 - $21.5

2. <u>Income Statement 2022</u>

Sales 2,848,000

Cost of goods sold 1,998,732

Gross Margin 849,268

Selling and administrative cost 579,250

Operating profit 270,018

Interest Expense 9,642

Net profit 260,376

4 0
3 years ago
Specialty store manager Terri is evaluating her employees for the first week of March. Her part-time sales associates have a sal
Sphinxa [80]

Answer:

0.54 and 0.96

Explanation:

Conversion rate is Sales / Sales calls.

There are 65 sales transactions in total and the customers entered into the store are 120.

Conversion rate is 65 / 120 = 0.54

Meeting Quota ratio is Actual Sales / Sales goal

Actual Sales amount to $4803 while the sales goal was $5,000

Meeting quota ratio is 4803 / 5000 = 0.96

5 0
3 years ago
Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Recession 0.
ella [17]

Answer:

13.12%

Explanation:

The computation of the expected return is shown below:

= (Expected return of the recession × weightage of recession) + (expected return of the normal economy × weightage of normal economy) + (expected return of the boom × weightage of boom)

= (-0.08 × 0.21) + (0.16 × 0.55) + (0.25 × 0.24)  

= - 0.0168 + 0.088 + 0.06

= 13.12%

4 0
3 years ago
The Allowance for Doubtful Accounts account has a year-end credit balance, prior to adjustment of $500. The bad debts are estima
Elan Coil [88]

Answer:

Estimated balance of Doubtful Account after adjusting entry = $4,200

Explanation:

Given:

The credit balance of Doubtful Account = $500

Computation of estimated balance of Doubtful Account after adjusting entry:

Estimated balance of Doubtful Account after adjusting entry = 7% of $60,000

Estimated balance of Doubtful Account after adjusting entry = $4,200

After adjusting entry , Total amount credited in Allowance for Doubtful Accounts is $4,200

6 0
3 years ago
What is the principle of E-commerce?
timurjin [86]

1. Develop for mobile ; 2. Ensure performance is speedy ; 3. Invest in design ; 4. Put your customers first ; 5. Be locale-sensitive.

5 0
2 years ago
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