Terry's Trees has reached its break-even point and has a contribution margin ratio of 70%. For each $1 increase in sales ______.

Answers

Answer 1

Answer:

- total contribution margin will increase by $0.70

- net operating income will increase by $0.70

Explanation:


Related Questions

Which one is NOT a competing value:
O Justice vs Mercy
O Truth vs Loyalty
O Person vs Society
O Short Term vs Long Term

Answers

Short Term vs Long Term is NOT a competing value.

Competing value

Competing value are range of values and priorities that determine and influence a community's culture.

Examples of Competing value are Justice vs Mercy, Truth vs Loyalty, Person vs Society.

Short Term vs Long Term is NOT a competing value.

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Miranda Fashions competes in the fast-changing world of fickle teenage apparel tastes. To manage this uncertainty, Miranda Fashions typically puts out several new apparel offerings in small quantities to get customer reaction and once customer preferences are clear, it invests heavily to go all out. The option that Miranda Fashions uses is called a ________ option.

a. stepping-stone
b. scouting
c. staged
d. positioning

Answers

When launching several new clothing offerings in small quantities to get the customer's reaction, Miranda Fashion uses a strategy called a stepping-stone option.

What is the Stepping-stone strategy?

It is based on a strategy of managing organizational growth in the short and medium term in an aligned and modest way, but which is profitable and generates a more tangible and achievable understanding for decision making in the long term.

Therefore, through the stepping-stone, the company can manage the uncertainties of rapid change in market trends and position itself in front of its target audience in a more focused and directed way to their desires and needs.

The correct answer is:

a. Stepping-stone

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Wolverine and Spartan root beer are the best root beers according to the Root Beer Review. There is
also the generic store brand root beer - People's Choice brand- that is also sold where Gertrude
shops. Suppose that there is a recession. Gertrude's employer cuts her hours and, as a result, her
weekly pay declines. What will this do to her demand for generic root beer? Draw a graph of the
generic root beer market and explain what happened and why.

Answers

Answer:

Following the concept of inferior and normal goods, Gertrude's demand for generic brand root beer would increase.

Explanation:

During a recession as she has less income available. This typically moves demand away from normal goods (wolverine and spartan) and towards inferior goods (generic brand).

Owner's equity/capital is the obligation of the business to its owner
A. True
B. False​

Answers

the obligation of the business to its owner is true

The demand curve has what kind of slope?

Answers

Answer:

Downward slope.

Explanation:

The demand curve has a downward slope, representing the negative relationship between a product's price and quantity demanded.

What is a organization chart

Answers

Answer:

An organizational chart is a diagram that visually conveys a company's internal structure by detailing the roles, responsibilities, and relationships between individuals within an entity.

is a diagram that visually conveys a company's internal structure

Explanation:

A diagram that conveys a company's internal structure by detailing the roles, responsibilities and relationships between individuals within an entity.organuzation charts are alternatively refered to as "org charts"

This unaudited financial information for Bond Company is presented below. Bond Company Income Statement for the Years Ended December 31, 20X1 December 31, 20X2 Gross sales $78,400,000 $82,000,860 Less Returns and allowances 2,500,000 2,604,500 Net sales 75,900,000 79,396,360 Cost of goods sold 45,300,000 50,436,360 Gross profit 30,600,000 28,960,000 Selling and administrative 18,400,000 19,200,000 Income from operations 12,200,000 9,760,000 Interest expense 1,900,000 1,800,000 Net income before taxes 10,300,000 7,960,000 Income taxes 4,982,000 3,580,700 Net income 5,318,000 4,379,300 Accounts Receivable 26,000,275 50,672,000 Inventory 56,000,000 58,000,000 Perform a horizontal analysis of net sales and accounts receivable. Express your answer as a percentage to two decimal places.

Answers

The performance of the horizontal analysis of net sales and accounts receivable for Bond Company shows the following results:

Net sales increased in 20x2 to 104.61% while the Accounts Receivable increased to 194.89%.

What is horizontal analysis?

Horizontal analysis or trend analysis of a financial statement is a comparison of the financial statement items to show their year-on-year performances and growth patterns over time.

Data and Calculations:

Bond Company Income Statement for the Years Ended

                                            December 31, 20X1     December 31, 20X2

Gross sales                                   $78,400,000             $82,000,860

Less Returns and allowances         2,500,000                  2,604,500

Net sales                                        75,900,000                79,396,360

Cost of goods sold                        45,300,000               50,436,360

Gross profit                                    30,600,000               28,960,000

Selling and administrative             18,400,000                19,200,000

Income from operations                12,200,000                 9,760,000

Interest expense                              1,900,000                  1,800,000

Net income before taxes              10,300,000                  7,960,000

Income taxes                                  4,982,000                   3,580,700

Net income                                      5,318,000                   4,379,300

Accounts Receivable                  26,000,275                 50,672,000

Inventory                                     56,000,000                58,000,000

                         December 31, 20X1     December 31, 20X2  Horizontal

                                                                                                    Analysis

Net sales                     75,900,000                79,396,360       104.61% ($79,396,360/$75,900,000 x 100)

Accounts receivable  26,000,275                 50,672,000       194.89% ($50,672,000/$26,000,275 x 100)

Thus, the performance of the horizontal analysis of net sales and accounts receivable for Bond Company shows that Net sales increased in 20x2 to 104.61% while the Accounts Receivable increased to 194.89%.

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examples of agricultural businesses​

Answers

Answer:

Examples of agricultural businesses are farm machinery manufacturing, and farming and ranching too.

Explanation:

I hope this helps! Have a great day!!

Lilac~

Owen offers to sell his motorcycle to Julian for $5,000. After he makes the offer, Owen has second thoughts. Owen can revoke the offer to sell his motorcycle to Julian:

Answers

Owen can revoke the offer to sell his motorcycle to Julian: As long as Julian has not yet accepted the offer.

Revoke of offer to sell

Based on the given scenario Owen can revoke the offer to sell the motorcycle to Julian  based on the fact that Julian has not accepted the offer to buy the motorcycle from Owen.

An individual who  makes an offer have the power to revoke so long as it hasn't yet been accepted by the other party.

Hence, having a second thought about the offer Owen can revoke the  original offer he made.

Inconclusion Owen can revoke the offer to sell his motorcycle to Julian: As long as Julian has not yet accepted the offer.

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Explain the difference between public goods and private goods. Consider why profit can be

made through the supply of one type of good, but not the other. (8)
Need a full answer, Please ​

Answers

Public goods are provided by the Gov. While private goods are made from private businesses and are then bought by the consumer.

HELP ASAP According to an article in the Wall Street Journal, between 1998 and 2018, the number of non stop coast-to-coast flights in the United States more than doubled at the same time that tho price of a ticket declined.
(Source: Scott McCartney, "The Rare Case Where Airlines and Passengers Both Win," Wall Stroof Journal, March 28, 2018,)

Briefly explain whether the scenario can account for this outcome.

The demand for coast-to-coast flights decreased during this period, while the supply of flights increased

This scenario

A. can account for the quantity of coast-to-coast flights increasing at tho same time that the price was decreasing if the increase in supply is small onough relative to the decrease in demand.

B. can't account for the outcome of the quantity of coast-to-coast fights increasing at the same time that the price was decreasing because the quantity will always be lower in this scenario.

C. accounts for the quantity of coast-to-coast flights increasing at the same time that the price was decreasing, irrespective of the relativo size of the shifts of supply and demand,

D. can account for the quantity of coast-to-coast flights increasing at the same time that the price was decreasing if the increase in supply is large enough relative to the decrease in demand.

The demand for coast-to-coast flights increased during this period, while the supply of flights decreased.

This scenario

A. can't account for the quantity of coast-to-coast flights increasing at the same time that the price was decreasing because an increase in demand and a decrease in supply will both push the price higher

B. accounts for the quantity of coast-to-coast flights increasing at the same time that the price was decreasing, irrespective of the relative size of the shifts of supply and demand.

C. can't account for the quantity of coast-to-coast flights increasing at the same time that the price was decreasing because an increase in demand and a decrease in supply will both push the quantity lower

D. can account for the quantity of coast-to-coast flights increasing at the same time that the price was decreasing if the increase in demand is large enough relative to the decrease in supply

Answers

Based on demand and supply rules, the first scenario C. accounts for the quantity of coast-to-coast flights increasing at the same time that the price was decreasing, irrespective of the relative size of the shifts of supply and demand.

The second scenario A. can't account for the quantity of coast-to-coast flights increasing at the same time that the price was decreasing because an increase in demand and a decrease in supply will both push the price higher.

Why can the first scenario account for the noticed phenomenon?

The trend is that the number (supply) of flights increased and prices decreased.

Prices decrease when demand for flights decrease. Prices also decrease when supply of flights increase. Both situations will therefore lead to a decrease in price regardless of the quantity they occur in.

Why can't the second scenario account for the notice phenomenon?

If the demand for flights increase, the price of flights will increase as well. A decrease in supply will also lead to prices rising.

Both scenarios will therefore lead to a rise in price and so cannot account for the fall in price.

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give at least 2 diffrences of entrepreneurs and intrapreneurs."​

Answers

Answer:

The main difference between an entrepreneur and intrapreneur is that an intrapreneur is already an employee of an existing organization or buissness, while the entrepreneur creates and oversees a new organization or buissness. Another difference is when an entrepreneur introduces an idea, they are usually introducing a new idea that doesnt already exist or belong to a company. an intrapreneur on the other hand promotes an idea innovation within the already existing company. Also, an intrapreneur is usually an "inside entrepreneur" within an inside co. while an entrepreneur is typically in a larger firm.

Explanation:

I hope this helps have a great day:)

A system of accounting for production operations that provides managers with information to control costs and set selling prices is called a(n):

Answers

The answer is Cost Accounting system because it is system of accounting for production operations that provides managers with information to control costs and set selling prices.

What is Cost Accounting?

Cost Accounting system refers to some set of methods a company's management employ to record and report measurements of the cost use to produce goods and some services carried out in detail. It involves procedures use to recognize, classify, allocate, sort and record costs incured and comparing them with standard costs.

Therefore, The answer is Cost Accounting system because it is system of accounting for production operations that provides managers with information to control costs and set selling prices

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If both covered interest parity and uncovered interest parity hold, then the expected future spot rate is equal to the: current forward rate. current interest rate. current spot rate. interest rate spread.

Answers

There is often interest rates on products. If both covered interest parity and uncovered interest parity hold, then the expected future spot rate is equal to the current forward rate.

What is the covered interest parity and uncovered interest parity?

Covered interest parity is known to be one that involves using forward contracts to handle an exchange rate.

The uncovered interest rate parity is used mostly in forecasting rates and not handling exposure to foreign exchange risk.

In equilibrium, if both uncovered and covered interest parity hold, the condition that should exist is that the forward rate will equal the expected future spot rate.

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dnvkhfbfdjbkjbddbjkfbjkdfbkjdfbdjfbfdbjkdf

Answers

Answer:

fr

Explanation:

If the tax rate on the first $30,000 of income is 15 percent; on the next $30,000 is 20 percent; and on all income above $60,000 is 30 percent, then the tax payment on income of $30,000 is $_____.

Answers

Based on the information given the tax payment on income of $30,000 is $10,500.

Tax payment on income

Using this formula

Tax payment=(First income×Tax rate)+(Next income×Tax rate)

Let plug in the formula

Tax payment=($30,000×15%)+($30,000×20%)

Tax payment=$4,500+$6,000

Tax payment=$10,500

Inconclusion the tax payment on income of $30,000 is $10,500.

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Answer:4500

Explanation: multiply the tax rate of 15% by 30,000

Has the death of the watch been greatly exaggerated? Apple gets into the game
CS 5.1
Discuss the possible reasons to buy a watch today. Connect each motivation you identify with an appropriate motivational theory from the chapter.

CS 5.2
What does Apple really believe will motivate consumers to purchase the Apple Watch? Are there different motivations at the low versus high (luxury version) price point?

CS 5.3
How do marketers of watches use marketing and advertising to motivate consumers to buy them? Give specific examples.

Answers

Although we do not have access to the chapter, we can provide a generalized answer in that people can still be motivated to buy watches today as an accessory from a fashion standpoint.

What are some motivations today for purchasing a watch?

In this digital age, watches are no longer purchased mainly for their functional aspects given that smartphones can more than suffice. However, as all marketing for watches will prove, the principal motivation for watches today is fashion. Watches now serve as an accessory to complete any outfit, and as is the case with diamonds, a more expensive watch will occupy the role of a lucrative accessory, drawing the desired attention.

Therefore, we can confirm that people can still be motivated to buy watches today as an accessory from a fashion standpoint.

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The government is considering levying a tax of $30 per unit on suppliers of either jeans or allergy medication. The supply curve for each of these two
goods is identical, as you can see on each of the following graphs. The demand for jeans is shown by D, (on the first graph), and the demand for
allergy medication is shown by D. (on the second graph).
Suppose the government taxes jeans. The following graph shows the annual supply and demand for this good. It also shows the supply curve (
S + Tax) shifted up by the amount of the proposed tax ($30 per pair).
On the following graph, use the green rectangle (triangle symbols) to shade the area that represents tax revenue for jeans. Then use the black
triangle (plus symbols) to shade the area that represents the deadweight loss associated with the tax.

Answers

The effect of tax on supply is that it increases the cost of production and ultimately the price of the Jeans. This will have the effect of reducing the demand as seen in the graph attached.

What are the effects of Tax of Supply?

All things being equal, Tax has a way of reducing supply in the long run, especially in a perfect market.

When taxes are levied on the production of a product that is elastic to price changes (that is changes easily with fluctuations in price according to the laws of demand), demand slows down.

When demand slows down, profit also slows down. This in turn bites back on the amount of taxes that the government is able to make because suppliers are are driven by profit.

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Prompt
What are equity investments ?

Answers

Answer:

In finance, equity is the ownership of assets that may have debts or other liabilities attached to them. Equity is measured for accounting purposes by subtracting liabilities from the value of the assets.

Explanation:

got 100%

Suppose you pay $14 to see George Clooney in his next movie and that Mr. Clooney receives $40 million for appearing in it. This means that:

A.)You would be better off if you were more self-reliant in the movie market.
B.)George Clooney receives a producer surplus of $40 million.
C.)You receive a consumer surplus of $14.
D.)You and George Clooney benefit from this transaction.

Answers

It can be depicted that you and George Clooney benefit from this transaction since utility is derived.

What is utility?

Utility refers to the usefulness or enjoyment that a consumer can get from a good or service.

In this case, if one pays $14 to see George Clooney in his next movie and that Mr. Clooney receives $40 million for appearing in it, the p[erson and George Clooney benefit from this transaction.

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Fallon campaign managers suggested that Arby’s implement a(n) ______ as one way of measuring the campaign’s effectiveness. In this evaluation technique, two versions of the television advertising copy are created and the difference in effectiveness is recorded via checkout scanner data.

Answers

Answer:

Sales Test

Explanation:

Sales tests can include consumer purchase tests that measure retail sales that result from a given advertising campaign.

Fallon campaign managers indicated that Arby’s implement a Sales test as one way of estimating the campaign’s effectiveness.

What is sales test?

A sales assessment test exists as a resource employers utilize to gauge sales candidates' professional demeanor and overall sales acumen. It's a test that generally protects bases related to elements of sales roles like character, contact, goal-setting, presentation, adaptability, cooperation, and research.

Sales tests can contain consumer purchase tests that estimate retail sales that result from a provided advertising campaign.

Hence, Fallon campaign managers indicated that Arby’s implement a Sales test as one way of estimating the campaign’s effectiveness.

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Amberger Products competes in consumer electronics where there is a high level of market and technological uncertainty. To address these challenges, Amberger Products does not commit itself to a particular product design or features early on; instead, it is geared to quickly and inexpensively assess if it has succeeded or failed with a design or feature, learn from its past, regroup and try again quickly. The option that Amberger Products uses is called a ________ option.

Answers

The positioning option is used by Amberger Product because its enables them to quickly and inexpensively assess if it has succeeded or failed with a design or feature.

What is positioning in business?

In business, the term "positioning" refers to a concept that helps to outlines what a business should do to market its product or service to its customers.

In conclusion, the positioning option is used by Amberger Product because its enables them to quickly and inexpensively assess if it has succeeded or failed with a design or feature.

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*Will award brainliest if correct answer is given!*

The use of black box edits was discontinued when CMS did not renew its contract with a private company that refused to publish NCCI code edits it developed because it considered them:
a. privileged communication
b. precedents
c. proprietary
d. a breach of confidentiality

Answers

The answer is c

Hope u have a nice day/afternoon/night :)

What event had an enormous effect on US workplace safety

Answers

Answer:

I believe your answer would be D, a deadly factory fire.

Hope this helped!

The deadly factory fire, it surrounded the whole workplace in a short period of time and trapped workers inside the building.

Why is the "insurance verification and eligibility" function of accounts receivable management important?

a. It facilitates patient and family counseling about insurance and payment issues, which includes advising patients and familles about insurance benefits.

b. It allows for account follow-up and payment resolution by reviewing remittance advice documents and contacting payers to resolve claims.

c. It confirms the patient's insurance plan and eligibility information with the third-party payer to determine the patient's financial responsibility for services rendere

d. It involves capturing charges and posting payments by entering charges for services and procedures in the medical practice management's billing system.

Answers

Answer:

[C] It confirms the patient's insurance plan and eligibility information with the third-party payer to determine the patient's financial responsibility for services rendere

Explanation:

The "insurance verification and eligibility" function of accounts receivable management is important  It confirms the patient's insurance plan and eligibility information with the third-party payer to determine the patient's financial responsibility for services rendered.

What is the insurance?

Insurance is a tool for risk management. You purchase protection against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you can be liable for all associated expenses.

In order to evaluate the patient's financial responsibility for the services rendered, it verifies the patient's insurance plan and eligibility details with the third-party payer.

It entails recording fees for services and procedures in the billing system for medical practice administration in order to capture charges and submit payments.

Therefore, Thus, option (C) is correct:

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After luke tries to understand wang-li's family situation, wang-li shares his concerns about his ability to complete his work responsibilities. Then luke asks questions and listens carefully to further understand wang-li's worries about the work. Luke learns that wang-li is especially worried because his family has invested so much into his career success. Which element of eq is most displayed in this case?

Answers

The element of eq that is most displayed in this case is: Empathy.

What is Empathy?

Empathy is the quality of putting ourselves in the shoes of others. An empathetic person seeks to understand the situation of others.

Luke displayed empathy when he tried to understand Wang-li's family situation. An empathetic person listens and understands.

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Madison Hotels sold a foreign organization the right to use its brand name and operating know-how in return for a lump-sum payment and a share of the profits. This is an example of

Answers

This sale of brand name and operating know-how by Madison Hotels to a foreign organization in return for a lump-sum payment and profit share is an example of Franchising.

What is Franchising?

Franchising is the business relationship between the franchisor and the franchisee in which the franchisor (e.g. Madison Hotels) establishes the brand's trademark or trade name and a business system. The franchisee pays a royalty and often an initial fee for the right to do business using the franchisor's brand name and system.

Thus, this business relationship between Madison Hotels and the foreign organization is an example is of Franchising.

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Myra agrees to sell Connie her house for $250,000.00. The next day, a tornado destroys the house. Will either party be bound by the terms of the contract

Answers

In relation to whether either Myra or Connie will be bound to the transaction involving the house, the answer is no because the subject matter has been destroyed.

Why are neither party bound to the contract?

The subject matter of the contract which is the house, has been destroyed and this happened before the contract was finalized.

There is therefore, no longer a subject for the contract to be finalized and as it is neither party's fault, neither of them will be bound by the contract's terms.

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Drag each tile to the correct box.
What is the sequence of events that could lead to trade surplus?

Answers

What is trade surplus?

Trade surplus:- This term is used when the export of the country product is greater than the cost of imports.

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Events ⤵️

1. the selling nation’s currency value appreciates

2. import cost for the buying nation goes up

3. demand for foreign currency increases

4. import goes down in the buying nation

5. the buying nation’s currency value depreciates

Sequence ⤵️

import cost for the buying nation goes up demand for foreign currency increases import goes down in the buying nation the buying nation’s currency value depreciates the selling nation’s currency value appreciates

I.e. 2-3-4-5-1

An investor deposits $50,000 in a money market accounts that pays 4%. How much money he will have at the end of 5 years. (Use the formula. Present your answer rounded to zero decimal places)

Answers

Investment, PV = $50000

Interest = 4%

Money at the end of 5 years = 50000 * (1+4%)^5 = $60833, if money is deposited at the beginning of the first year.

Money at the end of 5 years = 50000 * (1+4%)^4 = $58493, if money is deposited at the end of the first year.

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pls i need help with ratios Please help me as quickly as possible. When a piece of copper metal is heated in air, it joins together with oxygen in the air (a chemical reaction). Then if the copper is weighed, it is found to have a greater mass than the original piece of metal.If the air was then measured with very specialized instruments, what can you expect the mass of the air to be? A. twice as much as before the chemical reaction B. more than before the chemical reaction C. the same as before the chemical reaction D. less than before the chemical reaction Can you help me with this please? because I am confused How can we minimize the effect of climate change? Help me solve this problem What is the name for the movement in which the catholic church sought to correct abuses and malpractices within its structure?. Which questions may be applied to a literary analysis from a historical approach? Select two options The best way to manage heat illness is through!A. preventionB. activating EMSC. rapid coolingD. taking salt tablets And so another math question appears, wooooo,, Please help me :"D The strategic target of a best-cost provider is:____________ a) extremely price-conscious buyers in a lower market range. b) value-conscious buyers in a high-end market range. c) value-conscious buyers in a middle-market range. d) value-conscious buyers in a lower market range. e) a narrow market niche where buyers' needs and preferences are distinctively different. Find the real zeros of r(z)=4zz3 PLEASE HELP!! with solution needed!! Social considerations beyond GDP are important, but they are difficult to quantify and they do involve __________value judgments. Should prison inmates be offered the opportunity to earn high school or college degrees, receive job training, and prepare for a future, productive life outside of prison? Mrs Gomez said that she had lost her purse. Rewrite the sentence using the speaker actual words. Determine the equation of the circle graphed below. Please help, thanks Jake has 3 more than twice the number of marbles that Kylie has. Let m represent the number of marbles Kylie has.The expression ____represents the number of marbles Jake has. Use the function: g(x) = (x + 2)(x - 1)(x - 2) a) Find the zeros of the function. b) Find the y-intercept of the function. factorise fully 6x + 9x cubed