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miv72 [106K]
2 years ago
6

Refer to the data below to answer the following questions:

Business
1 answer:
IgorLugansk [536]2 years ago
4 0

Answer:

What share of U.S. total income in 2013 consisted of Wages and salaries?

The share = Wages and salaries /Total income * 100

The share = $8,868 / $16,800 * 100

The share = 0.5278571 * 100

The share = 52.79%

What share of U.S. total income in 2013 consisted of Corporate profits?

The share = Corporate profits /Total income * 100

The share = $1,686/$16,800 * 100

The share = 0.100357 * 100

The share = 10.03%

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Haskins Products sells 2,000 kayaks per year at a sales price of $470 per unit. Haskins sells in a highly competitive market and
AysviL [449]

Answer:

target fixed​ costs is $ 420000

Explanation:

Given data

sells 2,000

sales price of $470 per unit.

product cost at $720,000

variable costs are $300,000

to find out

target fixed​ costs

solution

we know here product cost and variable cost

so target fixed​ costs is product cost - variable costs

so we put all these value to find out target fixed cost

target fixed​ costs = product cost - variable costs

target fixed​ costs = 720000 - 300000

target fixed​ costs is $ 420000

4 0
2 years ago
When the management team reviewed its government contract on office furnishings, they noticed that in order to bid on the projec
Mashcka [7]

Answer:

Local content requirement

7 0
3 years ago
Read 2 more answers
You rent a DVD of The Dark Knight Rises. The rental is for seven days and you watch the movie on the first day. You tell a frien
bulgar [2K]

Answer:

The correct answer is letter "D": The football game you forego by watching the movie again.

Explanation:

Opportunity cost is what a person sacrifices when they choose one option over another. Opportunity cost is calculated by subtracting the return of the forgone option from the return of the chosen option. The result represents what was left on the table. Sometimes the chosen option can provide better returns than the forgone option and vice-versa.

In that case, the opportunity cost of watching "<em>The Dark Knight Rises</em>" one more time with a friend is the <em>football game </em>left behind.

8 0
3 years ago
Partridge Co. can further process Product J to produce Product D. Product J is currently selling for $21 per pound and costs $15
kondaur [170]

Answer:

Differential cost= $9.25

Differential revenue= $16

Explanation:

As the name suggest, differential cost is the difference between the costs of two alternative options. Now in this question, Patridge Co. has two products, PJ AND PD, <em>one of which (i.e PD) can be produced by further processing an already produced product (i.e PJ). But for the production of product D, Patridge Co. would have to incur additional cost of $9.25 per pound. </em>

The formula for differential cost is as follows;

Differential cost= total cost of alternative J - total cost of alternative D

Differential cost= $15.75 - ($15.75+$9.25)

Differential cost= $9.25

Differential revenue is similarly the difference between the revenue generated by two alternatives. In this question product J sells for $21 whereas product D sells for $37 so the differential revenue would be as follows:

Differential revenue = revenue of alternative D - revenue of alternative J

Differential revenue= $37 - $21

Differential revenue= $16

7 0
3 years ago
Suppose the interest rate is 4.0 %. a. Having $ 200 today is equivalent to having what amount in one​ year? b. Having $ 200 in o
Natalija [7]

Answer:

a. Having $200 today is equivalent to having 200(1\ +\ .04)^{1} = $208

b. Having $200 in one year is equivalent to having \frac{200}{(1\ +\ .04)}  i.e $192 today.

c. $200 today would be preferred since $200 received one year hence will have lower present value i.e it would be equivalent to $192 received today.

d. The answer provided above in (c) did not take into consideration the requirement or need. It only considered time value of money. If money is required today, it will be availed today irrespective of the time value of money principle since needs override principles.  

5 0
3 years ago
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