Answer:
due to elimination
income will decrease by $526000
Explanation:
Given data
Sales = $1180000
Variable expenses = $654000
Fixed expenses = $620000
to find out
incremental effect on net income
solution
we know here total sale is $1180000 and Variable expenses is $654000
so contribution if the division is dropped is sales - Variable expenses
put these value
contribution = 1180000 - 654000
contribution = 526000
so we say that due to elimination
income will decrease by $526000
Answer:
extensive communication mechanisms.
Explanation:
High-performance teams is a term often used in organizational settings to describes teams that often performed better than other teams and beyond expectation. They are associated with various characteristics amongst others which are:
1. Presence of extensive communication mechanisms
2. Constant collaboration among team members
3. Define objectives and goals
4. Ability to tackle and resolve conflict amicably with speed.
Answer:
Explanation:
Cash budget for Pasadena Candle Inc.
Month Purchased Paid
August $40,000 $16,000
September $36,000 $38,400
Calculations:
Month ending payment in September = 60 % x August purchases + 40 % x September purchases = 0.60 x $ 40,000 + 0.40 x $ 36,000
= $ 24,000 + $ 14,400 = $ 38,400
The price of the water needs to be raised by 40% when the consumption of water reduces by 10% and the price elasticity of demand results to 25%.
<h3>What is meant by the price of elasticity of demand?</h3>
The price elasticity of demand is determined as the proportionate variation in quantity with respect to variation in the price of a good.
Given values:
Change in water consumption (fall): 10%
Price elasticity of demand: 25%
Computation of percentage change in the price of water:
Therefore, there is an increase in water price by 40%.
Learn more about the price elasticity of demand here:
brainly.com/question/15010897
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Answer:
The rate of return on the risky asset is 16% and on treasury bill is 6% and we need a return of (1100-1,000)/1000= 10% or 0.1
If we think of x as the percentage investment in risky asset and 1-x as the investment in non risky asset we can mathematically find what proportion we need to invest in each asset to get this return.
16x+ 6(1-x)=10
16x+6-6x=10
10x=4
x=4/10
x= 0.4
This equation tells us that we should invest 40% in risky assets and 1-x which is 60% in treasury bills. We can test our answer by putting these values and see if the return is 10 %
(0.4*16)+(0.6*6)= Rate of return
Rate of return=10%
10% of 1000 = 100
100+1000=$1100
Explanation:
