1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fantom [35]
3 years ago
11

It costs a company $14 of variable costs and $6 of fixed costs to produce product Z200 that sells for $30. A foreign buyer offer

s to purchase 3,000 units at $18 each. The seller will incur special shipping costs of $5 per unit. If the special offer is accepted and produced with unused capacity, and none of the fixed costs are affected, then net income will:
Business
1 answer:
Andrej [43]3 years ago
7 0

Answer:

the net income would be decreased by $3,000

Explanation:

The computation of the net income is shown below;

Total cost is

= $14 + $5

= $19 per unit

And, the Selling price is $18 per unit

Now

Income = Revenue - Cost

= $18 - $19

= -1 per unit

And, finally

Total Income = 3000 units × (-1)

= -$3000

Hence, the net income would be decreased by $3,000

You might be interested in
A worthless security had a holding period of six months when it became worthless on December 10, 2020. The investor who had owne
mariarad [96]

Answer: B. The investor has a short-term capital loss of $20,000.

Explanation:

A short-term loss occurs when a deficit is realized when there's a sale of an asset which has been held by the person for a period of one year or less.

In this case, since the security was worthless, it's a loss and was also help for six months which is less than one year, then it's a short term capital loss.

Therefore, the correct option is B

6 0
3 years ago
Who is turning 18 this year
telo118 [61]

Answer:

not me but I'm turning 14.

4 0
3 years ago
Read 2 more answers
Common stocks have less security than ______________ stock, but it also has greater potential for reward.
Yuri [45]

Your answer is, Preferred.

<h3><u>What is a Preferred Stock</u></h3>

Preferred stock is a component of share capital that may have any combination of features not possessed by common stock, including properties of both an equity and a debt instrument, and is generally considered a hybrid instrument.

<h3><u>Impact of a Preferred Stock</u></h3>

Companies that offer preferred shares instead of issuing bonds can accomplish a lower debt-to-equity ratio. That allows them to gain significantly more future financing from new investors. A company's debt-to-equity ratio is one of the most common metrics used to analyze the financial stability of a business.

<h3><u>The 5 types of Preferred Stock</u></h3>
  • cumulative
  • participating
  • convertible
  • callable
  • adjustable-rate

Thus, <u>option c</u> is your answer.

Learn more about a Preferred Stock here: brainly.com/question/18068539

6 0
3 years ago
Plumlee Corporation has the following account balances at December 31, 2017.
NISA [10]

Answer and Explanation:

Please find answer and explanation attached

6 0
3 years ago
A 10 percent three-year wage increase is provided as a 2 percent increase in the first year, 3 percent in the second year, and 5
Ivahew [28]

Answer:

Back-loaded

Explanation:

A back-loaded contract can be defined as a contractual arrangement between two or more parties, in which higher costs are levied or higher benefits are accrued to a project towards the end of its term (duration) as against lower costs or benefits at its beginning.

This ultimately implies that, a back-loaded contract allows lower wage adjustment in the first year with a consequent higher increase towards the end of a contract.

In this scenario, a 10 percent three-year wage increase is provided as a 2 percent increase in the first year, 3 percent in the second year, and 5 percent in the third year. This is an example of a back-loaded contract.

8 0
3 years ago
Other questions:
  • Select the incorrect statement regarding the relationship between cost behavior and profits.
    5·1 answer
  • f interest rates are rising in an economy, what might the relationship be between savings and investment that is causing this to
    11·1 answer
  • Suppose the required reserve ratio is 8% and the fed purchases $100 million worth of treasury bills from wells fargo. by how muc
    9·1 answer
  • HELP MEE
    10·1 answer
  • The Megabux National Bank currently has deposits of $200 million. If the Fed establishes a reserve requirement of 12 percent, Me
    9·1 answer
  • You'll find the "circle of fifths" chord progression used in which of the following types of music. a classical. b big band jazz
    6·1 answer
  • Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for Januar
    5·1 answer
  • The manager of the bank where you work tells you that your bank has $6 million in excess reserves. She also tells you that the b
    9·1 answer
  • Gray uses Hofstede's cultural values that were discussed in Chapter 1 to:
    12·1 answer
  • Involves being deeply committed to something and sticking with it on a long-term basis? self-determination resilience grit
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!