Answer:
a. multiplying total income by the APC.
Explanation:
The income model is also known as a revenue model and it is a spreedsheets formula used by individuals or organizations to identify the best income source to explore, what goods and services to offer, pricing of these goods and services, and who is the target audience (consumers).
Total income can be defined as the overall amount of money that is being earned by an individual or a household before any deductions such as tax.
One can determine the amount of any level of total income that is consumed by multiplying total income by the average propensity to consume (APC).
An average propensity to consume (APC) is a measure of the amount of money as a percentage that is being consumed by an individual or household rather than being saved.
Answer:
A.) The Truth in Lending Act calls for consumers to be protected on all levels, whereas the Consumer Credit Protection Act only calls for consumer protection in regard to banking and lending.
Explanation:
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Answer:
The number of units must be sold to yield a target operating income of $26,000: 5,600 units
Explanation:
Contribution margin per unit = Sales price – Variable cost per unit = $32-$27=$5
The number of units must be sold to meet the target income figure are calculated by using following formula:
The number of units must be sold = (Total fixed cost + Targeted income) / Contribution margin per unit = ($2,000 + $26,000)/$5 = 5,600 units
Answer:
Total cash collections in February are $133600
Explanation:
The collections in the month of February will include 20% of sales made in February in account for cash sales.
Cash sales = 140000 * 0.2 = $28000
Thus, Credit sales for February are = 140000 - 28000 = $112000
Out of these credit sales made in February, 60% will be collected in February. Thus, credit sales made in February that will be collected in February are,
February collections from February credit sales = 112000 * 0.6 = $67200
Total cash collections in February from February sales = 67200 + 28000
Total cash collections in February from February sales = $95200
In addition, out of the credit sales made in January, 40% will be collected in February.
Collection from January sales in February = 120000 * 0.8 * 0.4 = $38400
Total collections in February = 38400 + 95200 = $133600
Answer: the ALSA management team must understand the importance of social media in their work because of globalization. People can work from one country to another country through social media. Through social media you can get answer to your problems at work quickly.
Explanation:
