company x has variable costs per unit of $12, fixed costs of $292,500, and a break-even point in units of 58,500 units. if the sales price per unit decreases by $2 and the variable cost per unit decreases by $2, what would happen to the break-even point?

Answers

Answer 1

The break-even point would decrease as the company needs to sell 36,562.5 units to cover its fixed costs and make a profit.

To calculate the new break-even point:

Start with the original equation for the break-even point: (Fixed costs) / (Contribution margin per unit) = (Break-even point in units)

Substitute in the original values: $292,500 / ($20 - $12) = 58,500 units

Substitute in the new values for the sales price and variable cost per unit: $292,500 / ($18 - $10) = ?

Solve for the new break-even point: $292,500 / $8 = 36,562.5 units

So the new break-even point is 36,562.5 units. This means that the company needs to sell 36,562.5 units to cover its fixed costs and make a profit. This is a decrease from the original break-even point of 58,500 units.

For more questions like Break-even point click the link below:

https://brainly.com/question/29063970

#SPJ4


Related Questions

Technological improvements are more likely to occur if
a. the economy is centrally planned.
b. entrepreneurs are compensated for taking risks with higher profits.
c. economic decisions are made by politicians rather than entrepreneurs.
d. companies face little competition in their markets.

Answers

B. Technological advancements reward risk-taking by entrepreneurs with bigger earnings.

What Exactly Does Being an Entrepreneur Mean?

An entrepreneur is a person who decides to start their own company based on a concept they have or a product they have developed, taking on the majority of the risks and enjoying the majority of the advantages.

What makes anything an entrepreneur?

The French verb entreprendre, which means "to do something" or "to undertake," was first used in the fourteenth century. A person who launches a commercial enterprise was referred to as an entrepreneur by the sixteenth century.

To know more about entrepreneurs visit:

https://brainly.com/question/13897585

#SPJ4

obtaining resources and defining tasks and deadlines are part of which phase in the strategic marketing process? multiple choice question.

Answers

Option C is correct answer. Obtaining resources and developing planning schedules are part of implementation  phase in the strategic marketing process.

The implementation phase entails carrying out the project plan. The construction manager will oversee and direct required resources here in order to meet the project plan's objectives. It is the project manager's responsibility to direct and handle each activity as the project progresses. That's what happens during the project's implementation phase: you stick to your plan and deal with any issues that arise. The implementation phase is when you and your construction team actually work on the project to create the deliverables. The term "deliverable" refers to anything your project produces.

To learn more about  strategic marketing process refer here

brainly.com/question/28257402#

#SPJ4

Complete question:

Obtaining resources and developing planning schedules are part of which phase in the strategic marketing process

a) evaluation

b) differentiation

c) implementation

d) planning

select all that apply why is it important to analyze the local technological and physical forces in the business environment before doing global business in a given market? (check all that apply)

Answers

Weather can have an impact on transportation systems and communication systems.

How does weather affect transportation?

Pavement friction can be caused by even the smallest amount of rain, and visibility can be affected by heavier rain. Rain can also make it harder to brake and make wheel spinning or hydroplaning more likely. Detours, hazardous driving conditions, and flooding of roadways are all possible outcomes of heavy rain.

How is transportation affected by the environment?

Weather extremes that occur more frequently may cause ripple effects throughout transportation networks and disrupt infrastructure. In addition, in order for transportation systems to reduce their emissions of greenhouse gases, new climate policies may necessitate significant modifications.

To learn more about transportation systems here:

https://brainly.com/question/30116655

#SPJ4

The graph shows the marginal cost of producing soccer cleats for Sabrina’s Soccer. At which level of production does the company make the most profit? the first pair of cleats the second pair of cleats the third pair of cleats the fourth pair of cleats

Answers

Answer:

first pair of cleats.

Explanation:

which of the following is an example of anchoring bias? group of answer choices the human resource manager carefully weighs the information about a new hire before making a decision. the human resource manager is looking for a replacement for an excellent former employee, so she compares all potential hires to that employee. the human resource manager hires someone because she is a recent graduate from a university that other successful hires have come from. the human resource manager's gut instinct tells him a potential hire is not right, so he looks for evidence to confirm his suspicion.

Answers

D) Anchoring bias arises when a human resources manager's gut instinct tells them that even a potential employee is now not right, so he searches for facts to support his thoughts.

How does anchoring bias work?

Anchoring bias, also known as the anchoring effect, refers to people's tendency to utilise the first item of data they receive on an issue as an anchor. When making decisions, we have a cognitive bias that drives us to rely primarily on early information. The anchor serves as the foundation for any future choices, expectations, or judgements. The first item of data has the most significance due to the anchoring effect. People typically focus on this initial knowledge rather than learning more about this topic.

To learn more about Anchoring bias here:
brainly.com/question/24988748
#SPJ4

how long after your taxes are accepted to get refund 2022?

Answers

When you digitally file and elect direct deposit, the IRS says that it will often issue your refund within 21 days of receipt.

What is direct deposit?

Direct deposit, as it related to work, is the computerized transfer of net salary from a banking institution owned by an employer to an user's individual bank account. This transaction happens across a network is known as the Automated Clearing House (ACH).

Is it better to be get direct deposit but rather check?

Getting a physical check or cash is usually slower and less secure than making a direct deposit. Direct deposits are processed by certain enterprises or payroll processing firms so that the money are available.

To know more about direct deposit visit :

https://brainly.com/question/5527310

#SPJ4

Reporting income when it is earned and expenses when they are incurred

Answers

Reporting earnings as they occur and costs as they are expended a financial statement that details the earnings and outlays for a certain fiscal year.

What does it mean to disclose earnings and expenses as they are incurred?

According to the accrual accounting  system, payments and expenses are credited and debited as soon as they are received or incurred. Unlike cash basis accounting, which documents costs as they are paid for and income as it is received, accrual accounting documents transactions as they take place.

What are the two ways that revenue and expenses are reported?

Cash-based accounting: When income is received, it is recorded, and when expenses are paid, they are also documented. Accrual method: Costs are recorded as they are incurred and income as it is earned.

To know more about income reporting visit:

https://brainly.com/question/17162125

#SPJ4

joseph is writing a paper on job satisfaction and the rate of unemployment in the u.s. he needs to include original research as well as current, national stories related to this topic. which types of sources would be the best fit for his assignment?

Answers

A trade article as well as a newspaper article would be the best fit sources for the assignment Joseph is intended to complete.

In the secnerio where Joseph is working on a paper regarding job satisfactionand and the unemployment rate in the United States. He require to include both original research and current, national stories on this topic. For the specifies purpose he needs trade article as well as a newspaper article. It is because newspaper articles will provide him with the current information about job satisfaction and unemployment rate; while trade articles will give him research based authentic data. They are used to provide readers with information they need/want to know about the world around them.

You can learn more about articles at

https://brainly.com/question/26441547

#SPJ4

how the economy recovers from a recession and returns to its long run equilibrium without any policy intervention

Answers

A long-term process known as fiscal policy helps an economy bounce back from a downturn and realize its GDP potential without the direct help of the government.

An expansive fiscal approach has reduced taxes and increased government spending as its two key outcomes. Both of those measures aim to raise deficits or decrease budget surpluses while boosting the demand for mixtures.

The economy is in a recession, according to the sticky pricing hypothesis (a), because not all prices adjust as quickly. Forms are able to increase their price adjustments over time, and the economy eventually shifts back to the long-term AS curve. (b) The effectiveness of each hypothesis is strongly influenced by how quickly wages, prices, and price expectations change.

To learn more about Fiscal policy in recession

https://brainly.com/question/29658169

#SPJ4

Document 3: What happens to competition in a communist system?

Answers

Answer:

Explanation:

In a communist system the central authority dictates the means and quantity of production , and gives strict rules on businesses. Since there is no competition amongst firms , each is given the amount of money and each wo0rker is paid the same with same expectations of each.

equired: prepare a contribution format income statement. prepare a traditional format income statement. calculate the selling price per unit. calculate the variable cost per unit. calculate the contribution margin per unit. which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales?

Answers

Since costs are arranged according to their behavior, the contribution format is more beneficial. The contribution format makes it simple for managers to determine how variable expenses will alter as a result of changes in unit sales.

What is traditional format?There is no Forbidden List in the Traditional Format; instead, there are just Limited and Semi-Limited Lists, with all of the Advanced Format Forbidden cards being placed in Limited. All other things being equal, the two formats.The most recent Yu-Gig-Oh format is called Quin, and it was created to be easy to play, include older fans' favorite original Yu-Gig-Oh cards, and expand as the game progressed without requiring continual internet monitoring.

Cost of goods sold: $213,000 ($20,000 + $200,000 - $7,000).

The following formula is used to calculate the variable administrative expense ($12,000):

300,000 dollars in sales

60k in contribution margin (b)

Total variable expenses (a) (b): $240,000

(a) $240,000 in total variable costs

$213,00 in selling prices

varying selling cost of 15,000

Variable selling expense (b) plus cost of goods sold equals $228,000

(a) (b) $12,000 Variable administrative expense

The following formula is used to calculate the fixed selling expense ($30,000):

A $60,000 contribution margin

b) $18,000 in net operating income

The total fixed costs are $42,000 (a) and (b).

$42,000 is the total fixed costs.

(12,000 dollars) in fixed administrative costs

(a) (b) $ 30,000 Fixed Selling Expense

2. ($20,000 plus $200,000 minus $7,000) Equals $213,000 as cost of goods sold

Selling costs ($15,000 plus $30,000) equal $45,000.

($12,000 + $12,000) Equals $24,000 in administrative costs

 3. There have been 1,000 units sold at a selling price per unit of $300,000.

4. The variable cost per unit is divided by 1,000 units sold to arrive at $240.

5. $300 - $240 = $60 is the contribution margin per unit.

To learn more about traditional format refer to:

https://brainly.com/question/14497703

#SPJ4

how do you share jelly bean tokens in bee swarm simulator

Answers

In Bee Swarm Simulator, jelly bean tokens can be shared with other players by using the "Gift" feature. To do this, you must first select the player you wish to gift the tokens to from the Friends list.

What is tokens ?

Tokens are digital assets that can be used to represent a variety of things, such as loyalty points, in-game currency, or even real-world currency. Tokens are created and stored on a blockchain and can be used to purchase goods and services, transfer value, or even pay for access to certain services.

Once you have selected the player, you can then choose how many tokens you would like to give them. After selecting the amount of tokens, click on the "Gift" button and confirm your selection. The jelly bean tokens will then be sent to the other player's account.

To learn more about tokens  

https://brainly.com/question/28478779

#SPJ4

Information in digital form
a. is decreasing
b. is in an electronic format
c. cannot be read by a computer
d. none of the above

Answers

Answer: B is in electronic format

Explanation: Electronic format means that it can be read on a digital device.

Which of these is NOT a flow that moves up and down the supply​ chain?A. ProceduralB. MonetaryC. InformationD. Physical

Answers

Monetary is not a flow that moves up and down the supply chain.

Some example of monetary items are cash, marketable securities, invoices to be paid, accounts receivable, accounts payable, invoices for sales taxes, and notes due

What is Monetary ?

Monetary is a term used to refer to money or currency. It is the medium of exchange used in transactions and is an essential part of the economy. Monetary policy is the process by which a government, central bank, or monetary authority manages the supply of money and credit to achieve certain economic goals.

The primary objectives of monetary policy are price stability, full employment, and economic growth. Monetary policy can be implemented through a variety of tools such as open market operations, reserve requirements, discount rates, and interest rates. It can also be used to influence exchange rates and control inflation.

Monetary flows refer to the movement of money, such as payments for goods or services, which does not move up and down the supply chain.

To learn more about Monetary  

brainly.com/question/14510657

#SPJ4

What action did 47. 4 million americans take in 2021, setting a record that was recently reported by the u. S. Labor department?

Answers

According to predictions from the U.S. Bureau of Labor Statistics, over 47 million Americans quit their employment voluntarily in 2021. The unusually large-scale exodus from the labour force that Covid-19 triggered is referred to as "The Great Resignation."

Is calculus simpler or statistics?

Although statistics are more simpler than calculus in the beginning, calculus is regarded to be more challenging than statistics at an intermediate level. It actually depends on the learner because some have trouble understanding statistics while others have trouble learning calculus. To predict the future, determine the likelihood that a specific event will occur, or learn more about a survey, statistics can be employed. Statistics are used in many fields, including business, health, biology, psychology, and the social sciences.

Know more about triggered Visit:

https://brainly.com/question/8215842

#SPJ4

The production possibilities frontiers in the figure to the right show how many bananas and coconuts you​ (Y) and your neighbor​ (N) can consume without trade. Suppose you are initially consuming 15 bananas and 2 coconuts and your neighbor is initially consuming 10 bananas and 4 coconuts.

​Now, suppose you and your neighbor specialize by each only producing the good for which you have a comparative advantage.

You give your neighbor half of your production for half of what he produces. ​(Enter all responses as​ integers. )

If you trade with your​ neighbor, then you will have ? additional​ coconut(s) after the trade

Answers

24 coconuts will be left after trade with the neighbor, in the production possibility frontier 15 bananas are there.

What is the Production possibility frontier?A curve on a graph called the production possibility frontier (PPF) depicts the potential quantities of two products that can be produced from the same finite resource. Additionally known as the production possibility curve.In economics, PPF also plays a crucial role. It can, for instance, demonstrate that a nation's economy has achieved maximum efficiency.When resources are diverted from one product to produce another, an opportunity cost is incurred. A curve on a graph depicts the maximum amount that can be produced.Given the resources at hand, the production possibility frontier (PPF) is elevated above the curve, illuminating impossible scenarios.The PPF demonstrates that one commodity's production can only increase if the other commodity's production decreases.Managers can use the Product Mix Formula (PPF) to determine the best product mix for the business.A transformation curve/boundary/frontier, production possibility curve, production possibility boundary, or production possibility frontier is a curve that shows different amounts in different combinations.

learn more about Production possibility frontier

https://brainly.com/question/25071524

#SPJ4

why was the world bank set up? group of answer choices to maintain order in the international monetary system to formulate a coordinated policy response to financial crises to police the world trading system to preserve peace through international cooperation to promote economic development

Answers

To promote economic development the world bank was set up. Individual nations all across the world can receive financial and technical support from the World Bank.

To aid in the growth of national economies, the World Bank offers grants, low-interest loans, and zero-interest credits to eligible governments. Global healthcare, governmental administration, infrastructure, and private-sector development are all aided by debt borrowings and cash infusions.

Through technical help, research and analysis, and policy advice, the World Bank also exchanges information with various organizations. For the public and private sectors, it provides guidance and instruction.

To learn more about World Bank, visit the link below:

brainly.com/question/3520105

#SPJ4

a grant from the federal government with strings attached that specify where and how the money can be spent is a characteristic of

Answers

Grants-in-aid are financial contributions made by the federal government to the states for a specific objective.

How can I double my income?

The strategy that applies to the majority of investors is probably the traditional one of doubling you money by building a diverse portfolio of securities and bonds. It is possible to invest safely over a number of years in order to double your money, but for people who lack patience, there is a greater chance of losing the majority or all their money.

What are different sorts of money?

Any thing that is frequently used and approved in business dealings involving the exchange of goods or services by one one to another is referred to as money. Market mechanism, fiat money, and cash reserve are the three types of money that economists distinguish between.

To know more about money visit:

https://brainly.com/question/22984856

#SPJ4

Specialization can help a countrys evonomy by?

Answers

Answer:

cumc7 k cgujmcyvuumvcuimbcghikmvcchimnvcikmvvhhjknnccyu I mcumcukgggbhhgfff

If a country specializes in a specific area of expertise/s they will be able to produce/do things faster than other places may be able to, so demand will be higher since they can produce quality goods in shorter time

which of the following is the correct order to make a workflow? a- cleanse and standardize data b- create a forecast for near-term demand demand c-blend data from multiple sources

Answers

Combining data from many sourcesProjected demand for the foreseeable futureData purification and standardized

What is workflow?Workflows, which are defined as organised, repeatable patterns of activity, are made feasible by the logical division of resources into operations that carry out material transformation, service providing, or information processing.A workflow is a method for organizing routine chores and operations that take place in a specific order. They are the means by which individuals and organisations carry out their tasks, whether they involve the production of goods, the rendering of services, the processing of data, or any other value-creating activity.Workflow examples include managing leave requests, handling reimbursements, and onboarding new employees.Input, transformation, and output are the workflow diagram's three fundamental elements. Each of these statuses is given to a workflow phase.

To ;learn more about workflow, refer to:

https://brainly.com/question/24922293

#SPJ4

Identify the five foundations and describe each of them then evaluate how they will help you manage your money right now.
Make a $500 emergency fund this will allow you to have money in the event of an emergency.
Get and stay out of debt this will allow you to not be bound in debt. You will not have interest or credit card payments. It will also allow you to avoid interest now and in the future.
Pay cash for your car
this will allow you to avoid interest and or payments over a long period of time.
Pay cash for college
This will allow you to avoid student that you will not have to make payments.
Build wealth and give.
Having a large amount of money in savings and having everything paid for will allow you to help others that are in need.

Answers

The five elements that make up a solid financial foundation:

Budgeting.Emergency fundsSavings.Investments.a plan for 401(k)sWhat is meant by Solid Financial Foundation:

You can stop living paycheck to paycheck, get out of debt, and start building wealth if you have a solid financial foundation. It gives you the ability to leave a bad relationship, roommate, or job.

Possessing a positive cash flow and a positive net worth are two indicators of a solid financial foundation. A positive net worth indicates that you own more assets than you owe. You can work toward a positive outcome by taking even small steps toward better money management. This indicates that you have the "pillars" in place to support your long-term financial well-being. 1: a business connection. Many financial strategies can benefit from having a bank relationship. When choosing a bank, there are many options available to you.

To know more about Financial Strategies, visit:

https://brainly.com/question/12513949

#SPJ4

aikman company paid dividends of $2,520, $0, $1,530 and $1,100 over the first four years of the company's existence, respectively. if retained earnings has an ending balance of $9,900 at the end of year four, what was the average annual amount of net income (loss) over the first four years for aikman? (round your answer to the nearest dollar amount.)

Answers

To find the average annual net income (loss) for Aikman over the first four years of its existence, we need to calculate the total net income (or loss) over those four years and divide that by four.

Net income is calculated by taking total revenue and subtracting all expenses, including dividends paid. Since Aikman paid dividends of $2,520, $0, $1,530 and $1,100 over the first four years, we can add those amounts to find the total dividends paid over that period: $2,520 + $0 + $1,530 + $1,100 = $5,150.

We know that retained earnings has an ending balance of $9,900 at the end of year four. Retained earnings is the portion of net income that is not paid out as dividends and is instead kept by the company for future use. So, we can use this information to calculate the total net income over the first four years by adding the retained earnings at the end of year four to the total dividends paid over the first four years: $9,900 + $5,150 = $15,050

To find the average annual net income, we divide the total net income by the number of years: $15,050/4 = $3,712.5 (approximately $3713)

In conclusion, the average annual net income (loss) over the first four years for Aikman is $3713.

Learn more about retained earnings here:

https://brainly.com/question/28580073

#SPJ4

if an owner of an exotic pet is no longer able to care for the animal, the veterinary team should assist the owner by:

Answers

If an owner of an exotic pet is no longer able to care for the animal, the veterinary team should assist the owner by helping them find another home, a zoo, or a sanctuary for the pet.

Animals ought to be moved in a quiet and certain way, staying away from overstated or unexpected developments, like waving of the hands and arms. Utilizing delicate tones and a peaceful voice while conversing with creatures might assist with making them aware of a harmless methodology.

A strategy can be fittingly used to guarantee to pass in oblivious creatures. Creatures become a lot more straightforward to deal with on the off chance that they are prepared and acquainted with taking care.

Learn more about veterinary team:

https://brainly.com/question/3258736

#SPJ4

Determine whether each of the following topics would more likely be studied in microeconomics or macroeconomics.
1. The optimal interest rate for the Federal Reserve to target
2. The effects of government tax policy on long-term economic growth
3. The effect of a cigarette tax on the quantity of cigarettes sold

Answers

The field of economics known as macroeconomics focuses on the study of the economy as a whole. A subfield of economics called microeconomics examines how people make decisions. Possible regulation of monopolist clients. This qualifies it as a microeconomic issue.

Examples of macroeconomics:

Economic outputs, unemployment rates, and inflation are a few examples of macroeconomic variables. Governments, corporations, and customers all keep a careful eye on these economic success indicators.

What is macroeconomics, exactly, in everyday terms?

The area of economics known as macroeconomics focuses on studying whole economies. It is focused on broad-based or general economic challenges and how these components relate to one another across economies.

To know more about macroeconomics visit:

https://brainly.com/question/28489802

#SPJ4

How much interest would a person pay to borrow $700 for 9 months at 10 percent?

Answers

The principal is Rs 10,000, the interest rate is 10%, and the loan term is six years. The simple interest can be calculated as follows: A = 10,000 (1+0.1*6) = Rs. 16,000. Interest is 16000 divided by 10,000, or Rs. 6,000.

What is interest rate?

The amount of interest due each period expressed as a percentage of the amount lent, deposited, or borrowed is known as an interest rate.

The total interest on a loaned or borrowed sum is determined by the principal amount, the interest rate, the frequency of compounding, and the period of time the loan, deposit, or borrowing took place.

The interest rate over a year is known as the annual interest rate. Other interest rates are applicable over shorter time frames, such a day or a month, but they are typically annualized.

An index of the preference for a dollar of present over a dollar of future has been used to describe the interest rate.

Learn more about interest rate, here

https://brainly.com/question/13324776

#SPJ1

rease cholesterol levels and decrease cholesterol precursors. the investigator proposes to obtain cholesterol, mix it with soy oil, and administer it to subjects. the study then involves follow-up evaluations and assessments. which option would be the best choice regarding an ind?

Answers

To find out if an IND is required, get in touch with the FDA directly.

The Food and Drug Administration is in charge of defending the public's health by guaranteeing the security, efficacy, and safety of pharmaceuticals for humans and animals, biological products, and medical equipment, as well as the security of our country's food supply, cosmetics, and radiation-emitting goods. When CDER reviews data on a medicine's effects and finds that the benefits outweigh the known and potential hazards for the intended population, the drug is given FDA approval. If the FDA gives its approval, it implies the organization has decided the product's advantages exceed its drawbacks for the intended usage.

Learn more about FDA here

https://brainly.com/question/4956385

#SPJ4

Consider the following situation. Patients with Smith-Lemli-Opitz have an inborn error of cholesterol biosynthesis, which results in severe to mild cholesterol deficiency, and accumulation of cholesterol precursors. An investigator proposes to determine if pure crystalline cholesterol in an oil suspension will increase cholesterol levels and decrease cholesterol precursors. The investigator proposes to obtain cholesterol, mix it with soy oil, and administer it to subjects. The study then involves follow-up evaluations and assessments. Which option would be the best choice regarding an IND?

Based on this information china leans toward a ______ economic system.
a. socialist
b. market
c. capitalist
d. communist

Answers

China and other formerly communist nations have embraced capitalism.

What's a brief explanation of capitalism?

Many people think of capitalism as a market structure in which private individuals own and hold property according to their own interests, and where supply and demand freely determine market prices in a way which can best serve the needs of society.

Is capitalism beneficial or not?

Without a doubt, capitalism is one of the major powers of innovation, riches, and prosperity. Businesses are driven to be as efficient as possible by competition and capital accumulation, allowing investors to profit from that expansion and enable clients to pay less.

To know more about capitalism visit:

https://brainly.com/question/13072007

#SPJ4

revise the data in your spreadsheet based on the following assumptions, and then answer the questions that follow: expenses: advertising expense $ 13,600 assets: cash $ 25,600 insurance expense 19,600 accounts receivable 23,600 salaries expense 48,600 supplies 14,600 rent expense 9,600 land 54,000 liabilities: salaries payable 11,600 revenues: service revenue 93,600 notes payable 34,400 interest revenue 8,600 dividends: dividends 8,600 equity: common stock 43,600 retained earnings 26,000 required: 1. what is the net income/(loss)? multiple choice 1 $26,000 $10,800 $13,600 $20,900 assume the company has an increase in its salaries expense of 20% and a decrease in service revenue of 15%. both of which will be settled after the year end. adjust and recalculate the balances in the income statement and balance sheet. all sales are on account. 2. what is the revised balance of the service revenue account? multiple choice 2 $6,040 $79,560 $14,040 $32,040 3. what is the revised net income/(loss)? multiple choice 3 $11,560 $(12,960) $17,560 $4,560 4. what is the revised balance in the retained earnings account? multiple choice 4 $5,100 $10,100 $4,440 $18,100

Answers

Net income/(loss) is $26,000

Revised balance of the service revenue account is $79,560

Revised net income/(loss) is $(12,960)

Revised balance in the retained earnings account is $4,440

What is the revised net income/(loss)? To arrive at these answers, we first need to adjust the expenses and revenues based on the changes provided:Salaries expense increases by 20%, so the new expense is $58,320 (48,600 x 1.2)Service revenue decreases by 15%, so the new revenue is $79,560 (93,600 x 0.85)Next, we need to recalculate the income statement and balance sheet:Income Statement:Revenue: $79,560Expenses: $131,320 (13,600 + 19,600 + 48,320 + 14,600 + 9,600)Net income/(loss) = Revenue - Expenses = $79,560 - $131,320 = $(51,760)Balance Sheet:Assets: $123,600 (25,600 + 23,600 + 54,000)Liabilities: $46,000 (11,600 + 34,400)Equity: $77,600 (43,600 + 26,000 - 51,760)

To learn more about net income refer:

brainly.com/question/28390284

#SPJ4

when we record a journal entry in the general journal?

Answers

Journal entries are entered in the general ledger as business events happen during the accounting period to show how the event impacted the accounting equation.

What does it mean to write in a journal?

Debits and credits are used in journal entries to track changes to the accounting formula in the overall journal. Debited accounts must be listed before reimbursed accounts according to standard journal entry format.

A generic journal is what?

The system for keeping accounting records includes the general diary. A transaction is an event that needs to be recorded and can be recorded in either the general journal or a specialist journal. There are four speciality journals, so named because they are used to record particular kinds of routine transactions.

To know more about Journal visit:

https://brainly.com/question/18684550

#SPJ4

within how many days of requesting an investigative consumer report must an insurer notify the consumer in writing that the report will be obtained?

Answers

Within five days of requesting an investigative consumer report, an insurer must notify the consumer in writing that the report will be obtained.


What is "Insurance Score" and how is it used by insurers?

Insurance score is a hypothetical concept that refers to a numerical value calculated using a statistical model that predicts the likelihood of an individual filing an insurance claim. Insurers use this score to assess the risk of insuring an individual and may use it to determine the premium that will be charged for a policy. Factors such as credit history, payment history, claims history, and other financial and demographic information are used to calculate the insurance score. The higher the insurance score, the less likely an individual is to file a claim, and therefore the lower the premium will be.

As per the Fair Credit Reporting Act (FCRA), within five days of requesting an investigative consumer report, an insurer must notify the consumer in writing that the report will be obtained. This is to ensure that the consumer is aware that an investigative consumer report may be obtained and that they are given the opportunity to review their rights under the FCRA. An investigative consumer report is a type of consumer report that includes information about a consumer's character, general reputation, personal characteristics, or mode of living. This information is obtained through personal interviews with neighbors, friends, or associates of the consumer.

To know more about FCRA visit : https://brainly.com/question/28990429

#SPJ4

Other Questions
If you answered yes to the previous question, enter the amount of energy absorbed or released by reaction (2): In fruit flies, the phenotype for eye color is determined by a certain locus. E indicates the dominantallele and e indicates the recessive allele. The cross between a male wild-type fruit fly and a femalewhite-eyed fruit fly produced the following offspring.Wild TypeMaleWild TypeFemaleWhiteeyed MaleWhite-eyedFemaleBrown-eyedFemaleF1Generation 0 45 55 0 1The wild-type and white-eyed individuals from the F1 generation were then crossed to produce thefollowing offspring.Wild TypeMaleWild TypeFemaleWhiteeyed MaleWhite-eyedFemaleBrown-eyedFemaleF2Generation 23 31 22 24 0A. Determine the genotypes of the original parents (P generation) and explain your reasoning. Youmay use Punnett squares to enhance your description, but the results from the Punnett squaresmust be discussed in your answer.B. Use a Chi-squared test on the F2 generation data to analyze your prediction of the parentalgenotypes. Show all your work and explain the importance of your final answer.C. The brown-eyed female in the F1 generation resulted from a mutational change. Explain what amutation is, and discuss two types of mutations that might have produced the brown-eyed femalein the F1 generation According to the principle of greatest equal liberty proposed by John Rawls, each person is to have an equal right to:Group of answer choicesA) the highest level of happiness that is attainable by the least happy person in the societyB) the social and economic inequalities that are built into societyC) opportunities and resources that belong to that person but nobody elseD) the most extensive basic liberty compatible with a similar liberty for others Explain why the value of 0.6 is greater than the value of 0.39. A 0.39 is greater than 0.6 because 9 hundredths is greater than 6 tenths. B 0.39 is less than 0.6 because 3 tenths is less than 6 tenths. C 0.6 is greater than 0.39 because 6 tenths is greater than 9 hundredths. D 0.6 is less than 0.39 because 6 tenths is less than 9 hundredths. Find the number that makes the ratio equivalent to 2:7. ___:84 ANAGNOS: Possible. I should warn you, she is much given to tantrums.ANNIE: Means something is inside. Well, so am I, if I believe all I hear. Maybe you should warn them.ANAGNOS [FROWNS]: Annie. I wrote them no word of your history. You will find yourself among strangers now, who know nothing of it.ANNIE: Well, well keep them in a state of blessed ignorance.Which statement best describes Annies attitude toward her upcoming assignment in this excerpt? what is the central idea of the second paragraph? though the pony express became famous, the transcontinental telegraph was more important. though it was short-lived, the pony express was instrumental in the development of the nation. because people demanded better mail systems, the pony express was not an immediate success. because the government did not have much money, the pony express was the smartest option. Where and why did the us expand overseas after the spanish american war? in an economy with constant velocity, a real gross domestic product growth rate of 2 percent, an ex ante real interest rate of 3 percent, and a money supply that is expected to grow at 7 percent, the nominal interest rate would be percent. supply curves have a positive slope because of the: a. law of supply. b. law of equilibrium. c. theory of comparative advantage. d. demand curve. when =1p=1p, equals, 1 and =7q=7q, equals, 7 Trapezoid ABCD and trapezoid EFGH arecongruent. What is the difference betweenthe area of triangle ABC and the area oftriangle EFJ? which type of distribution is used when the prodcuer wants more than one but fewer than all of the intermediaries who are willing to carry its products the ___ are highly influenced by Christianity. it is evident with several old Spanish churches found across the region and the old houses built during the colonial times. the major soil classification types in north america are group of answer choices swamps, grasslands, and forests. mountains, rivers, and canyons. forests, grasses, and beaches. grasslands, forests, and deserts. An Army leader is expecting a visit from a delegation of foreign exchangestudents to their organization. Which of the following sets of leaderqualities and associated attributes would be most suitable to applyduring their visit?a.Confidence, Empathy, Interpersonal Tact.b.Cultural Sensitivity, Fitness, Discipline.c.Cultural Sensitivity, Empathy,Interpersonal Tact.d.Interpersonal Tact, Innovation, Discipline. One-half the sum of two numbers is 12. One of the numbers is three more than two times the other number. What are the two numbers? when you boil a pot of liquid water, the water turns to steam and rises in the air. this is an example of You and your friend throw balloons filled withwater from the roof of a several story apartment house. You simply drop a balloon fromrest. A second balloon is thrown downwardby your friend 3.4 s later with an initial speedof 66.64 m/s. They hit the ground simultaneously.How high is the apartment house? Theacceleration of gravity is 9.8 m/s2. Neglectair resistance.Answer in units of m. Answer in units ofm. 1/2+1/3w=1/6Please help its urgent