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3 years ago

Case study

Business

1 answer:

Gemiola [76]3 years ago

3 0

Answer:

Strategical level- It states that these type of decision making should be taken by the higher authorities of the company for example, chief executive, chief manager, president etc.

Explanation:

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North Company has completed all of its operating budgets. The sales budget for the year shows 50,220 units and total sales of $2

Oduvanchick [21]

Answer:

A budgered income statement was prepared for North company for the year ending December 31st 2020.

Explanation:

Solution

The NORTH COMPANY

Budgeted Income Statement

For the year December 31st, 2020 Ended

Particulars Amount

Sales $2,414,100

Less: Cost of goods sold

[50,220 Units x $23.00 per unit] -11,55,060

The Gross Profit 12,59,040

Less: Selling and administrative expenses -3,09,700

Earnings before interest and taxes 9,49,340

Less: Interest Expenses -10,260

The earnings before taxes 9,39,080

Less: Income Taxes -2,26,200

The Net Income 7,12,880

The net income for the NORTH COMPANY for the year ended December 31st 2020 is $7,12,880

6 0

3 years ago

A model of demand predicts that a rise in price will cause a decrease in the quantity of a good consumers want to buy anda in pr

luda_lava [24]

Answer:

Option (a) is correct.

Explanation:

According to the law of demand, there is an inverse relationship between the price of the product and the quantity demanded for that product. Hence, if there is an increase in the price of the good then as a result this will decrease the quantity demanded for the good and if there is a fall in the prices of the goods then as a result the quantity demanded for the goods increases.

Therefore, the change in the price level of the goods represents the cause and its effect is the change in the quantity demanded for the goods that a consumer want to purchase.

8 0

3 years ago

At September 1, 2022, Coronado Industries reported Retained Earnings of $397620. During the month, Coronado generated revenues o

Angelina_Jolie [31]

Answer:

Closing retained earning is $414,540

Explanation:

The Retained Earnings figure can be calculated using the following equation:

Closing Retained Earnings = Opening Retained Earnings + (Sales - Expenses - Dividends)

Here

Opening balance of Retained Earning is $397,620

Revenues is $56,400

Expenses are $33,840

Dividends paid are $5,640

The purchased equipment is not considered here because it is increase in asset not an increase or decrease in revenue or expenses. So it is not considered here.

So by putting values, we have:

Closing Retained Earnings = $397,620 + ($56,400 - $33,840 - $5,640)

Closing Retained Earnings = $414,540

8 0

3 years ago

Charles Schwab Corporation is one of the more innovative brokerage and financial service companies in the United States. The com

anyanavicka [17]

Answer and Explanation:

a. The estimation of the contribution margin for each segment is shown below:

(in millions)

Particulars Investor Advisor Services Services

Income from

operations $1,681 $1,660

Add:

Depreciation $171 $154

Contribution

Margin $1,852 $1,814

2. Now the estimation of decline in operating income is

(in millions)

Particulars Combined services Institutional Services

Revenues $9,368 $4,771

Less:

Variable cost $5,702 $2,919

($2,919 + $2,783)

Contribution

margin $3,666 $1,852

Less:

Fixed cost -$325 -$171

Net income $3,341 $1,681

So according to the above calculations, the net operating income is declined by

= $3,341 - $1,681

= $1,660 million

The variable cost is come from

= Service revenues - income from operations - depreciation expense

7 0

3 years ago

Haddon's matrix is useful for addressing injury issues because:

Alex787 [66]

Hey there,
The answer is Models interaction of host, vector, and environment in the event.

Hope this helps :))

~Top

7 0

3 years ago