Answer:
competence
Explanation:
Credibility is defined as the ability of an endeavour or individual to inspire confidence by those interested in it.
Credibility has 3 aspects - caring, character, and competence.
Competence is the ability of an individual to demonstrate adequate knowledge, skill, strenght, or judgement with regards to a particular area of interest.
In the given instance where one is showing a thorough understanding of your survey results, organizing your content in a clear manner, and generally showing you are prepared for this presentation. He is demonstrating competence
Answer:
Strength: It provided a faster way of travel
Weakness: It took forever and required a lot of manpower
Explanation:
Answer:
$20,700
Explanation:
Data provided in the question:
Net Income = $25,100
Cash Provided by Operations = $32,500
Cash Sales = $64,600
Capital Expenditures = $9,600
Dividends Paid = $2,200
Now,
Swifty’ Free cash flow
= Cash Provided by Operations - Capital Expenditures - Dividends Paid
Thus,
Swifty’ Free cash flow = $32,500 - $9,600 - $2,200
or
Swifty’ Free cash flow = $20,700
Answer:
Is the proposed action legal?
Explanation:
The very first step in the decision tree (below) was ignored. Disregarding local laws is ignoring the question of legality.
Answer:
- $25.50
- 90,000 units
- 140,000 units
Explanation:
1. Current contribution margin ratio
= (Selling price - Variable cost)/ Selling price
= (25 - 19.8) / 25
= 0.208
New Direct labor = 5.0 * ( 1 + 8%)
= $5.40
New variable cost = 19.8 + 0.4 = $20.20
To maintain 0.208
0.208 = (Selling price - 20.20) / Selling price
0.208 * Price = Price - 20.20
0.208Price - Price = -20.20
-0.792Price = -20.20
Price = -20.20/-0.792
Price = $25.50
2. Breakeven = Fixed Cost / Contribution Margin
Contribution Margin = Selling price - Variable cost
= 25 - 19.8
= $5.20
= 468,000/5.2
= 90,000 units
3. To earn $260,000;
= (Fixed Cost + 260,000) / Contribution margin
= (468,000 + 260,000) /5.2
= 140,000 units
