Wayfair Co. Reported the following results from the sale of 5,500 tables in May: sales $300,000, variable costs $165,000, fixed costs $85,000, and net income $50,000. Assume that Wayfair increases the selling price of tables by 10% on June 1. How much is the new contribution margin ratio?.
Wayfair Co's new contribution margin ratio is 50%.
Data and Calculations:
Number of tables sold in May = 5,500
Sales revenue = $300,000
Selling price per table = $54.55 ($300,000/5,500)
Total variable costs = $165,000
Variable cost per unit = $30.00 ($165,000/5,500)
New selling price per table in June = $60 ($54.55 x 1.1)
Contribution margin per table = $30 ($60 - $30)
Contribution margin ratio =50% ($30/$60 x 100)
Thus, the new contribution margin ratio is 50%.
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The two early economic plans proposed by President Carter improved economic growth. Did not improve economic growth. Gained support from many politicians. Reduced discrimination against banks.
The two early economic plans proposed by President Carter did not improve economic growth.
Jimmy Carter became the president of the United States at the time where the country was in a period of stagflation. There was high inflation in the country then and the economic growth was also very slow.
Jimmy carter tried to create reforms regarding the health sector, taxes, and the welfare of the nation.
His efforts to do these failed. One of the reasons why they failed was the fact that he had very poor relations with the congress.
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Answer:
B. did not improve economic growth.
Explanation:
edge2022 :)
______ ratios measure how much operating income an organization is able to generate relative to assets, owners' equity, and sales.
According to business strategy, the Profitability ratios measure how much-operating income an organization can generate relative to assets, owners' equity, and sales.
What are Profitability ratios?Profitability ratios s a form of financial method or procedure in which firms assess or evaluate the ability to generate income or revenue based on the capacity and resources.
Different types or methods of Profitability ratios:Gross Profit RatioOperating RatioOperating Profit RatioNet Profit RatioReturn on InvestmentHence, in this case, it is concluded that the correct answer is "Profitability ratio."
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True or false: Obtaining top management's leadership and commitment is not necessarily critical for diversity programs to succeed.
Answer:false
Explanation:
The bulk of evidence suggest that_______.
a. markets are competitive enough that only superior information or insight will earn superior risk adjusted returns
b. markets are competitive enough that earning superior risk adjusted returns is impossible
c. markets are inefficient enough that earning superior risk adjusted returns is time consuming but not difficult the efficient
d. market hypothesis has been proven incorrect, resoundly.
Answer:
C
Explanation:
I’m not sure tho
Witch method of commuting is most likely to reduce your need to go to the gym or get a treadmill
Answer:
Walking or using of bicycle
Explanation:
Use of legs are needed in both method of commuting. Leg muscles will be worked up and it also produces sweat that is equivalent to gym exercise
Other things the same, if the price level falls, people a. decrease foreign bond purchases, so the supply of dollars in the market for foreign-currency exchange decreases. b. decrease foreign bond purchases, so the supply of dollars in market for foreign-currency exchange increases. c. increase foreign bond purchases, so the supply of dollars in the market for foreign-currency exchange decreases. d. increase foreign bond purchases, so the supply of dollars in the market for foreign-currency exchange increases.
Other things the same, if the price level falls, people D: increase foreign bond purchases, so the supply of dollars in the market for foreign-currency exchange increases.
Holding other factors, whenever there is a fall in the price level, there would be rise in foreign bond purchase.This usually result in increase in supply of dollars in the market and this aids foreign-currency exchange.Therefore, option D is correct.
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Kari finds a piece of land that she wants to buy but needs some time to be able to come up with the funds to purchase it. She pays the landowner, Jerry, $10,000 for an option to purchase the property for $200,000 anytime in the next two years. Six months later, Kari purchases the property. Which of the following is not true?
a. Kari does not have a recognized gain or loss
b. Kari recognizes a $10,000 loss
c. Kari's basis in the property is $210,000
d. Jerry's amount realized is $210,000
Answer:
the answer is either a or b
Explanation:
because if there is a loss then it b if there isn't that means it a
periodic 3 m system meetings with department heads and the 3m system coordinator are chaired by what individual
A lot of programs have been set up that has been of great benefits to the world today. Periodic 3-M system meetings with department heads and the 3m system coordinator are chaired by the Executive Officer in regards to the 3-M program.
The Executive Officer in regards to the 3-M program is responsible for:
Having to brief the Commanding Officer at regular intervals on the status of 3-M. Chair periodic 3-M System meetings with Department Heads and the 3M System Coordinator Monitoring the operation of the 3-M System program to make sure there is compliance with current directives.The 3M Impact program is known to be a win-win-win for all individuals involved in it. There were 3 million participants who experience a challenging and rewarding development opportunity. This program help them to grow as leaders.
It also help them to build relationships with other people from around the globe and share their skills to make a positive difference in the world.
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BLACK FRIDAY is related to business and finance in numerous ways and has become a very popular shopping event. Now that you have learned a little bit about the history and business strategies used for offering BLACK FRIDAY DEALS let’s put your purchasing power to the test.
-Find a gift for the person described in the scenario below using BLACK FRIDAY deals online. -Pick a gift that also stays within the BUDGET you have been given for each purchase.
-You can only use the SOURCE (i.e. store online) ONCE. For example, you can use AMAZON only one time.
-NO GIFT CARDS CAN BE USED AS A GIFT SOLUTION.
-You will need to include the following information for each person: Name of Gift Idea, Brief Description of the Gift, Website utilized, and Price of the Gift.
Donald is 38 years old and attends Culinary Arts School at Kirkwood Community College in Cedar Rapids. He would like to become a chef in Chicago someday.
BUDGET: $120.00?
Mia is five years old. Favorite play themes for Mia include Transformers and Mario.
Her favorite color is red.
BUDGET: $45.00?
Sasha has her own dog-sitting business. As an 8th grader at NW Junior High, she has many customers and little free time to really enjoy the weekend. She has a German Shepard named CALICO.
BUDGET: $100.00?
You work at Hy-Vee as a checker and your manager has been very generous with allowing you to take time off for your school activities. You decide to thank them with a small token of your appreciation.
BUDGET: $20.00?
CONGRATULATIONS! You have won a drawing for a $200 shopping spree at your favorite store. What are you buying? (Spend the whole amount, if you can).
BUDGET: $200.00?
Black Friday is the largest shopping day in the USA. Together with Cyber Monday three days later, it marks the start of Christmas shopping and many Americans start decorating for Christmas and shopping.
Many people visit parents or other relatives during Thanksgiving, which often means a trip, and they therefore do not work on Fridays, but can, for example, engage in shopping. A number of American online stores offer cheaper goods these days and then also target customers outside the United States. Many stores open early, some as early as midnight, others at 5 or 7 in the morning, and close late, for example at 11 p.m.
Although Black Friday is not an official day off in the United States, all schools and many workplaces are closed, to enable a four-day holiday with Black Friday as a so-called squeeze day.
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In order to overcome the ________ problem, interest groups often provide ________ to their members. free-rider; collective goods free-rider; selective benefits principal-agent; collective goods principal-agent; selective benefits
The selective benefits are regarded as benefits given only to group members. In order to overcome the free-rider problem, many interest groups offer selective benefits.
The free-rider problem is often known as a type of market failure. It takes place when individuals who benefit from resources, public goods or services of a benefit to all nature do not pay for them or they under pay.
They are problem because they do not pay for the goods but still continue to access or use it.
This problem in social science deals with how to limit free riding and its negative effects in the society.
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Precious gems are an important natural resource of ________. Paraguay Brazil Mexico the Dominican Republic
Answer:
Brazil
Explanation:
Write one paragraph about SOMEONE YOU LOVE SPENDING TIME WITH.
MUMY GIVE ME FIVE SARS
Yankee Candle sells 500 candles in a week for a price of $10 each and the average cost of producing each candle is $5. Yankee Candle's total revenue is
Answer:
Explanation:
2500
________ is the only element in the marketing mix that produces revenue.
Pricing is the one and only element of the marketing that helps in revenue generation.
What is pricing?Pricing is a process, which helps in determining the true and fair value of a product or a service that is being offered for sale in the market. At such determined price, the consumers buy such goods or services.
No other element in marketing mix involves revenue generation, as only pricing can bring the inflow of cash in an organization from the buyers in the market as such.
Hence, pricing element of the marketing mix produces revenue for the firm.
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A theater has fixed operating costs, such as electricity, salaries, and rent. What is this break-even point called
The fixed operating cost in the question is one of the requirement to be used to calculate the Break even units not the break-even point.
Usually, the break-even point is the point where the total revenue equals the total costs of the business.
In other word, the break-even point means that the expenses and revenue are equal and thus, the company will record neither a net loss or gain.
The formula used to derive the Break even unit is [Fixed Costs / (Sales price per unit – Variable costs per unit)}
Therefore, the fixed operating cost in the question is one of the requirement to be used to calculate the Break even units not the break-even point.
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Click this link to view O*NET’s Skills section for Secondary School Special Education Teachers. Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Secondary School Special Education Teachers? Check all that apply. instructing installation learning strategies repairing active listening technology design
Answer:
instructing
learning strategies
active listening
Explanation:
Answer:
Explanation:
instructing
learning strategies
active listening
According to the calculator, the monthly payment Demarco and Tanya should anticipate paying for principal and interest is $208. $877. $669. $1,200.
Principal rate is the amount which is gotten after parameters like the interest which is inversely proportional to the time multiplied by the rate of the amount for a specified amount of time.
Mathematically, it is represented as Principal= Interest/Time x Rate
As a result of this, we can see that the principal rate is a part of the parameters which is used to calculate the Simple Interest of a specified amount of money for a certain amount of time.
Please note that your question is incomplete so I gave you a general overview so that you would get a better understanding of the concept.
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Answer:
C. $669
Explanation:
You are a delivery manager at Blue Bag, a wholesale bakery. The bakery employs two drivers and owns two trucks. Each truck can deliver up to 225 crates of bread per day. The bakery has standing orders for 400 crates a day. As the increasing of your sales, you hire 4 more drivers and own 1 more truck with 2 shifts. Find the increasing percentages to fit with the hires.
The maximum number of orders the bakery can receive is 675 per day and the percentage of increase is 50%
Taking into account that each truck has a maximum capacity of 225 boxes of bread and that the bakery has 3 trucks. To find the maximum order capacity, multiply the number of boxes of bread by the number of trucks:
225 × 3 = 675
To know what the percentage of increase in the bakery order capacity is, the maximum capacity must be known before acquiring the last truck (450).
Subsequently, to know the percentage of growth with a new truck with respect to the previous capacity, it is necessary to carry out the following operation:
225 × 100 = 22500 22500/450 = 50
According to the above, 225 corresponds to 50% out of 450, that is, the growth in the bakery's order capacity was 50%.
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Performance measurement can focus on managing the objective, measurable results of a job or work group. Which result would best meet this criterion
Performance measurement is the quantifiable expression of information regarding the products and services that's essential to an organization.
You didn't provide the options, therefore, an overview of performance measurement will be given. Performance measurement simply means the process of collecting, analyzing, and reporting information regarding the performance of an organization.
Performance measurement can focus on managing the objective, measurable results of a job or work group. Examples of performance measurement include profit margin, productivity, cost, etc.
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When firms set a single price for all customers, regardless of how much they buy or under what conditions they make their purchase, the firm is operating under a
Answer:
one-price policy
Explanation:
Which statement is true about the circular flow diagram of an economy?.
The statement that the market for factors of production connects spending by firms to household income is true about the circular flow diagram of an economy.
The circular flow diagram is an economic model that entails the flows of money and goods exchanged in the closed circuit which run in the opposite direction.
Hence, the statement that the market for factors of production connects spending by firms to household income is true about the circular flow diagram of an economy.
Therefore, the Option A is correct.
Missing word includes "A The market for goods and services connects household spending to government spending. B The market for factors of production connects household spending to goods produced by firms. C The market for factors of production connects spending by firms to household income. D The market for goods and services connects labor income to firms as employers. E The market for goods and services connects labor income to household spending."
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cash transactions involving the purchase and sale of long-term assets and current investments are classified on the statement of cash flows as
Answer: Investing Activities
Explanation: The investing activities lists all of the purchases and sales of long-term fixed assets, such as equipment, building, land, and the purchase of shares.
Hope this helps.
Managers, across industries, spend about _____% of their time in verbal interaction. Group of answer choices 25 33 50 95 75
The average time which managers, across industries, spend in verbal interaction is:
E. 75%According to the given question, we are asked to find out the average time which managers, across industries, spend in verbal interaction between themselves and other subordinates.
As a result of this, we can see that based on the research done by Deirdre Borden, they made us of qualitative method of interviews, surveys, polls, etc to come to the conclusion that the average time spent is about 75%.
Therefore, the correct answer is option E.
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ampbell launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called: Campbell launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called: product adaption product extension communication adaption dual adaption none of the above
When Campbell launches tomato soup in the UK with the same product and advertisement used in the US, this strategy is called product extension and communication, also known as dual extension.
Product extension and communication occurs when an organization uses a uniform communication strategy to market its product in a new location.
This international trade strategy can be risky due to the lack of adaptation of advertising and product characteristics to the local market, which is usually culturally variable and according to consumer preferences.
This strategy can generate cost reductions and economies of scale, faster processes, higher sales volume and increased global brand positioning.
Therefore, the product extension and communication strategy ensures product and advertising uniformity, and is used when customization and adaptation costs are not justified, as the company operates in a global segment with similar needs.
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A corporate bond pays interest on a J/J 15 schedule. An investor purchasing these bonds on Friday, April 17, would pay accrued interest for A) 95 days. B) 92 days. C) 91 days. D) 96 days.
The corporate bond, which pays interest on a J/J 15 schedule, means that the investor purchasing the bonds on Friday, April 17, would pay accrued interest for D) 96 days.
Each month of a corporate bond contains 30 days. If the corporate bond is for three months, then six additional days are given, making it a total of 96 days (30 x 3 (+ 6 days).
Thus, the investor's accrued interest would be for 96 days.
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Suppose a mutual fund has 10 million shares outstanding, assets with a total value of $30 million,of which $500,000 is cash, and fund liabilities of $500,000. What is the current NAV per share
Answer:2.95
Explanation:
Based on the given assets, cash fund, and liabilities, the Mutual fund's NAV per share is $2.95.
What is the Mutual Fund's NAV per share?This can be found by the formula:
= (Assets + Cash - Liabilities)/Number of Shares
Solving gives:
= (30,000,000 - 500,000) / 10,000,000
= 29,500,000 / 10,000,000
= $2.95 per share
In conclusion, the NAV per share is $2.95 per share.
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To ensure that work gets done, Jonah engages in initiating structure by assigning tasks to members of his department, creating schedules, reminding his staff to adhere to the organizational rules, and ______.
Sun Do sells key chains with leather fobs for $12 and $9. The key chains are very similar and have identical manufacturing costs. The difference is that the stitching on the leather fob is in a less precise pattern on the $9 key chain than it is on the $12 key chains. What approach to price discrimination is Sun Do using
Answer:
offering imperfect goods as part of the hurdle method
Explanation:
a pilot applies for life insurance. the insurer approves the application with a $10 additional monthly premium modification due to the risk involved. the pilot declines the additonal premium modification. the insurer will then likely issue the coverage with a(n)
Considering the situation described, the insurer will likely issue the coverage with an Aviation Exclusion.
The addition of Aviation Exclusion risk would curb the insurer's liability to that risk associated with the insurance contract.
This implies that considering the tendency of a pilot to die (not as a fare-paying passenger) in a plane crash or Aviation accident. Still, as a pilot, the addition of Aviation Exclusion would limit or void the insurance policy related to life.
Hence, in this case, it is concluded that the correct answer is "Aviation Exclusion."
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