Answer:
A) $38,650; 48.31%
Explanation:
The computation of the contribution margin and the contribution margin ratio is shown below:
Contribution margin = Service Revenue - Cleaning Supplies Used - wages expense
= $80,000 - $22,000 - $19,350
= $38,650
The variable cost is Cleaning Supplies Used + wages expense
And, the contribution margin ratio equals to
= (Contribution margin ÷ sales) × 100
= ($38,650 ÷ $80,000) × 100
= 48.31%
Answer:
The correct answer is C. the output level where marginal cost is equal to marginal benefit .
Explanation:
Competitive equilibrium Traditional concept of economic equilibrium used for the analysis of goods markets with flexible prices and many agents, which usually serve as a benchmark for efficiency in economic analysis. Crucially, it depends on the assumption of a context in which each agent makes decisions about such a small amount compared to the total amount traded in the market that their individual transactions have no influence on prices.
It consists of a price system and an allocation of the production and consumption of the economy among the various agents, such that, given the prices, each agent maximizing its objective function (benefits, preferences) subject to restrictions (technological, of resources) plans to trade its share in the proposed allocation, at prices that make all exchanges compatible with each other by balancing the markets, that is, matching the aggregate supply with the demand aggregate of each of the goods and services traded.
Answer:
5,100 Consumers
Explanation:
The 17% of the total consumer recognize Flatfeet brand which means:
Consumers who recognize Flatfeet = Total Consumers * percentage of people that recognize the brand
Here
Total consumers are 30,000
And
Percentage of people that recognize the brand is 17%
By putting values, we have:
Consumers who recognize Flatfeet Brand = 30,000 * 17%
Consumers who recognize Flatfeet Brand = 5,100 Consumers
Answer:
Dr Loss on Impairment $15,520.00
Cr Maturity Debt Securities $15,520.00
Explanation:
Preparation of the journal entry to record the impairment.
Journal entry
Sep. 30
Dr Loss on Impairment $15,520.00
Cr Maturity Debt Securities $15,520.00
($38,500-$22,980=$15,520)
(To record the impairment)
The right answer for the question that is being asked and shown above is that:
"FALSE." <span>Accounts in non-depository institutions are almost always insured by the government.
</span>"FALSE." All financial institutions are equally safe and <span>beneficial to use.
"TRUE." </span><span> Financial experts recommend that you compare at least several different financial institutions in your area and find the one that best meets your needs.
"TRUE." </span><span>Personal financial planning is the process of creating and achieving financial goals
"FALSE." </span><span>Shared decision-making is always a positive strategy to take</span>
