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2 years ago

What orange came first the fruit or the color

1 answer:

5 0

The fruit. According to magaliescitrus.co, "The citrus definitely got named first. The earliest recorded use of orange the fruit in English is from the 1300s and came to us from the Old French orenge, adapted from the Arabic nāranj, from the Persian nārang, from the Sanskrit nāranga (“orange tree”)."

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Vertical Analysis of Income Statement Revenue and expense data for Searle Technologies Co. are as follows: 20Y8 20Y7 Sales $900,

lara [203]

Answer:

Preparation of income statement is shown below:-

Explanation:

Comparative Income Statement

2018 2018 2017 2017

Amount Percent Amount Percent

Sales $900,000 100.0% $725,000 100.0%

Less:

Cost of Goods Sold $558,000 62.0% $435,000 60.0%

Gross Profit (A) $342,000 38.0% $290,000 40.0%

Selling Expense $117,000 13.0% $116,000 16.0%

Administrative

Expense $63,000 7.0% $65,250 9.0%

Total Operating

Expense (B) $180,000 20.0% $181,250 25.0%

Income from

Operation (A-B) $162,000 18.0% $108,750 15.0%

Less: Income

Tax Expense $76,500 8.5% $58,000 8.0%

Net Income $85,500 9.5% $50,750 7.0%

Formula for Computation of Percentage :- (Cost of Goods Sold or Gross Profit etc. of particular period ÷ Sales for such period)

6 0

4 years ago

You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing level of output of your firm i

Paraphin [41]

Answer:

hi your question lacks the required options here is the complete question and options

You are a manager for a monopolistically competitive firm. From experience, the profit-maximizing level of output of your firm is 100 units. However, it is expected that prices of other close substitutes will fall in the near future. How should you adjust your level of production in response to this change

a. Produce less than 100 units

b. Insufficient information to decide

c. Produce 100 units

d. Produce more than 100 units

Answer : Produce less than 100 units

Explanation:

A monopolistic firm is a firm that has the sole responsibility or sole ownership of the right of production of certain goods and services. and such products are profit maximizing products because the demand for the products determines the price in the market and also the products are produced at marginal cost equaling its marginal revenue.

From experience when the prices of the close substitutes of the product fall the demand for the product will decrease hence its market price will fall therefore it is wise to produce less than the usual 100 units to still maximize profit.

5 0

4 years ago

Peter Metcalf founded Black Diamond which creates, produces, and sells outdoor equipment. This is an example of

Liula [17]

Answer:

manufacturing organization

Explanation:

This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.

5 0

3 years ago

In the last quarter of 2007, a group of 64 mutual funds had a mean return of 4.1% with a standard deviation of 6.9%. If a nor

Anna [14]

Answer:

A) 16%

B) 50%

C) 99.7%

D) 2.5%

Explanation:

5 0

3 years ago

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will _________ the quantity demand

UkoKoshka [18]

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will <u>increase </u>the quantity demanded by about <u>2.5%</u>.

Price elasticity of call for is a measurement of the trade in the intake of a product on the subject of exchange in its price. Expressed mathematically, it's miles: charge Elasticity of demand = percent trade-in quantity Demanded / percentage trade-in rate.

we are saying a great is price elastic whilst growth in prices causes a bigger % fall in demand. e.g. if fee rises 20% and demand falls 50%, the PED = -2.five. Examples consist of Heinz soup.

Learn more about Price elasticity here: brainly.com/question/24384825

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6 0

2 years ago