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bogdanovich [222]
2 years ago
9

If a firm’s expenses equal or exceed its revenue, what actions might management take?

Business
1 answer:
exis [7]2 years ago
7 0

In a case whereby firm’s expenses equal or exceed its revenue, the actions that might be taken by management is To check their production process and check the cost of their input.

<h3>What are expenses?</h3>

This are the cost of inputs that the company put into production of their goods and services.

When expense is higher than revenue then the organization is running at loss, but when the revenue equal to the expenses, there is no Gain.

Therefore, the actions that might be taken by management is to check their production process .

Learn more about expenses at:

brainly.com/question/4953989

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What will happen to the price and quantity of Japanese goods in the US if the dollar depreciates causing the costs of producing
Helga [31]

The prices of Japanese goods will increase.

<h3>Economic Principles of Demand and Supply </h3>

Following the principles of demand and supply, the higher the price, the higher the quantity supplied (all other factors remaining constant).

Recall that cost of production for Japanese goods has also increased according to the question. When prices increase, suppliers sometimes want to take advantage to create even additional inflation in order to get additional profit. Hence they put out more goods at the instance of increased prices.

See the link below for more about the law of supply:
brainly.com/question/4803223

3 0
2 years ago
Elevators, Inc. does considerable business overseas for high-rise luxury hotels. To speed up the building permit process, it aut
AleksAgata [21]

Answer:

No, Elevators, Inc. has not broken the law because payment was made in United States currency.

Explanation:

It operates a substantial business abroad for high-end luxury hotels. It authorized a project manager to "charge" a government official a charge of 500 for speeding up the building permit process. so

  • Under the law, it is illegal to bribe foreign officials to get business. But there is an exception to "facilitation payments", also known as grease payments made to speed up general government functions.
  • Flexible payments can be used to persuade government officials to perform work that is already being done. Although many have argued that such payments are important for their operations in some areas, such as Asia and Africa, the difference between facility payment and bribery remains unclear.

3 0
3 years ago
Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
Sidana [21]

Answer: SEE EXPLANATION

A. 198.27 UNITS

B. 99.14 UNITS

C. 30.76 ORDERS

D. 8.12 DAYS

E. $1,784.43

Explanation:

Given the following ;

Annual order = 6,100

Carrying cost = $9 per unit per year

Ordering cost = $29

A) EOQ =sqrt[( 2 × Annual order × (ordering cost ÷ carrying cost)]

EOQ = sqrt[2 ×6100 × (29÷9)]

EOQ = sqrt(12200 × 3.22222222)

EOQ = 198.27 units

B.) AVERAGE INVENTORY :

EOQ ÷ 2

198.27 ÷ 2 = 99.14 UNITS

C.) Optimal number of orders per year:

Demand / order per year

6,100 ÷ 198.27 = 30.76 orders

D.) Optimal number of days between two orders:

Number of working days ÷ optimal number of orders

250 ÷ 30.76 = 8.12 days.

E.) Annual cost of ordering and holding inventory:

$198.27 × $9 = $1,784.43

8 0
3 years ago
Pleasant Hills Properties is developing a golf course subdivision that includes 225 home lots; 100 lots are golf course lots and
Solnce55 [7]

Answer:

Explanation:

This is a question about allocation based on how much the street frontage will be valued in future. That value will then be allocated to the joint cost to see how much to apportion to Street Frontage now.

The total value of the Street Frontage after development is,

= 125 lots * $70,000

= $8,750,000

The total value of Golf lots are,

= 100 lots * $100,000

= $10,000,000

Adding them up,

= 10,000,000 + 8,750,000

= $18,750,000

This is the total amount of the company could make and therefore the lot's value.

Company incurred the following costs.

= 1,850,000 * 1,450,000

= $3,300,000

The amount of joint costs to be allocated to Street Frontage will be,

= 8,750,000/ 18,750,000 * 3,300,000

= $1,540,000

The amount to allocate to Street Frontage based on the total value of the lot is $1,540,000.

3 0
3 years ago
Motel Corporation is analyzing a capital expenditure that will involve a cash outlay of $208,240. Estimated cash flows are expec
kvv77 [185]

Answer:

The answer is c.8%.

Explanation:

The internal rate of return is the rate of an investment where the cash outlay and the actual value of the cash flows are the same, so the return is eqaul to zero. The actual value of the cash flow are calculated: annual cash flow multiplied by an annuity of $1 at a selected interest. So, the result has to be equal to the outlay (208,240). In this case, x is the annuity.

  • 208,240 = 40,000 * x
  • 208,240/40,000 = x = 5.206

The annuity of 5.206 is obtained with the interest of 8%.

3 0
3 years ago
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