A collection of individual vendors who come together in a location on a specific day to offer goods and services is a

The amount of time from one credit card bill to the next is called the _.

BARSIC [14]

Grace period is the answer aka c

5 0

4 years ago

A grant seeker is considering a project that involves providing more low-calorie, fiber-rich foods to low-income families. What

BigorU [14]

Answer:

C) a local school district

Explanation:

Many school districts already carry out similar policies through Local School Wellness Policy programs. Malnutrition negatively affects kids the most and that is why school districts are currently trying to fight it. Malnutrition is not simply not eating enough food, it means not eating nutritious food at the right amounts. Obese children can suffer from malnutrition, while a slender kid can have a proper and balanced nutrition.

So if someone is seeking for a grant to fight malnutrition, they should go to their local authorities first and get in touch with the school district.

4 0

3 years ago

Blossom Diesel owns the Fredonia Barber Shop. He employs 7 barbers and pays each a base rate of $1,470 per month. One of the bar

Ierofanga [76]

a) The determination of the variable costs per haircut and the total monthly fixed costs for Fredonia Barber Shop are as follows:

<h3>1) Variable Costs per haircut:</h3>

Commission per barber per haircut = $5.50

Barber supplies per haircut = $0.30

Utilities per haircut = $0.20

Total variable costs per haircut = $6.00

<h3>2) Fixed costs per month:</h3>

Salaryiesof barbers (6 x $1,470) = $8,820

Supervisor's salary = $2,000

Advertising per month = $310

Rent per month = $930

Utilities per month = $175

Magazines per month = $20

Total fixed costs per month = $12,255

b) The computation of the break-even point in units and dollars for Fredonia Barber Shop is as follows:

1) Break-even point in units is <u>2,451 units</u> ($12,255/$5)

= Fixed costs/Contribution margin per unit

Contribution margin per unit = $5 ($11 - $6)

2) Break-even point in dollars is $26,964 ($12,255/45.45%)

= Fixed costs/Contribution margin ratio

Contribution margin ratiio = 45.45% ($5/$11 x 100)

c) The net income when 2,880 haircuts are given in a month is $2,145.

Fredonia Barber Shop

<h3>Income Statement</h3>

For the month

Sales Revenue (2,880 x $11) $31,680

Variable costs (2,880 x $6) 17,280

Contribution margin = $14,400

Fixed costs 12,255

Net income = $2,145

<h3>Data and Calculations:</h3>

Number of barbers employed = 7

Base rate per barber per month = $1,470

Mnager's salary per month = $2,000 ($1,470 + $530)

Commission per barber per haircut = $5.50

Other costs:

Advertising per month = $310

Rent per month = $930

Barber supplies per haircut = $0.30

Utilities per month = $175 plus $0.20 per haircut

Magazines per month = $20

Price charged per haircut = $11.00

Learn more about the break-even analysis at brainly.com/question/21137380

3 0

3 years ago

A municipal revenue bond trust indenture includes an "additional bonds test" covenant. This prohibits the issuer from doing all

evablogger [386]

Answer:

C. issuing junior lien bonds unless the facility's revenues are sufficient to pay for existing and proposed debt

Explanation:

A municipal revenue bond trust indenture includes an "additional bonds test" covenant. This prohibits the issuer from doing all the following;

1. issuing parity bonds unless the facility's revenues are sufficient to pay for existing and proposed debt.

2. issuing senior lien bonds unless the facility's revenues are sufficient to pay for existing and proposed debt.

3. issuing bonds with the same lien on pledged revenues unless the facility's revenues are sufficient to pay for existing and proposed debt

On the other hand, it allows issuing junior lien bonds unless the facility's revenues are sufficient to pay for existing and proposed debt.

An additional bonds test ultimately implies that the issuer is prohibited or restricted from the issuance of new bonds against the revenues of any other firm having same parity lien against pledged revenues, except it has sufficient funds (revenues) to do so.

Generally, in bond transactions, prohibition are made for selling debt having a senior claim when compared to that of the old (existing) bondholders such as creditors or investors.

5 0

4 years ago

A manufacturer uses machine hours to assign overhead costs to products. Budgeted information for the next year follows. Budgeted

Anika [276]

Answer: $93 per machine hour

Explanation:

The plantwide rate shows the cost per labor hour(machine hour in this case) for overhead incurred by the entire production plant.

Plantwide overhead rate based on machine hours:

= Budgeted factory overhead costs / Budgeted machine hours

= 669,600 / 7,200

= $93 per machine hour

8 0

3 years ago