Answer:
Visionary.
Explanation:
A visionary leader is someone who has a clear-cut idea of what he/ she wants in the future. This type of leader will be able to not only create and articulate a clear idea, a realistic idea but also be credible and provide an attractive vision for the company's future.
The leader will help set up a realistic plan to further improve the company, bringing his vision to reality. This will help the company or organization to grow and improve. Likewise, Michael is a visionary leader, with his creative and realistic vision for the organization. He will lead the team to a better, improved future for not only himself but everyone.
Fat Cat Furniture store sells two types of products; cat beds and scratching posts. Over the past year Fat at sold 6,000 cat beds and 4,000 scratching posts, the sales mix of 6,000 beds to 4,000 posts creates a percentage of 60% for the cat beds and 40% for the scratching posts. Fat Cat’s total fixed costs are $40,000. The cat bed’s unit selling price is $44.00 and variable costs per bed are $24.00. The scratching post’s unit selling price is $100.00 and variable cost per post is $30.00.
1. Calculate the weighted average contribution margin per unit. ($40)
2. Calculate Fat Cat’s breakeven point in units for the “package” of products.
3. Calculate how many units of each product line the company must sell in order to breakeven.
4. Calculate the sales dollars required of each product line to breakeven Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula.
5. Prove the breakeven point by preparing a contribution margin income statement Make sure to provide three columns: one for Cat Beds, one for Scratching Posts, and one for Total.
6. The owner of Fat Cat Furniture wants to earn a $60,000 profit. Calculate the sales volume in units and total sales dollars of each product line the company must sell in order to earn $60,000 in profit. Do not use the weighted average contribution margin ratio formula due to rounding issues. May still use the weighted average contribution margin per unit formula.
I need help especially on the 2nd question.
Answer: See explanation
Explanation:
1. Calculate the weighted average contribution margin per unit.
The weighted average contribution margin per unit will be:
= Contribution margin per unit × Sales mix ratio.
= ($20 × 60%) + ($70 × 40%)
= ($20 × 0.6) + ($70 × 0.4)
= $12 + $28
= $40
2. Calculate Fat Cat’s breakeven point in units for the “package” of products.
This will be:
= Fixed cost / Weighted average
= $40000 / $40
= 1000 units
3. Calculate how many units of each product line the company must sell in order to breakeven.
Breakeven for cat beds = 1000 × 60% = 1000 × 0.6 = 600 units
Breakeven for scratching post = 1000 × 40% = 1000 × 0.4 = 400 units
DUE TODAY PLZ HELP
Consumer research should include information about the general habits of travelers.
True
False
What can a database designer create to make it easy for people to create records?
A. A query
B. A form
C. A report
D. A field
Answer:
B. A form
Explanation:
I found the answer on quizlet
Answer:
It's B. A form
Explanation: hope it helps ^w^
Student aid is based on either financial need or _____ need.
merit-based
academic
social
emotional
Answer:
merit-based
Explanation:
Financial aid takes many forms, and most often does not need to be paid back.. merit based need is based on academic excellence
Using the 2017 data, how much more would a college graduate with bachelor's degree expect to earn per year than a high school graduate?
Answer:
The estimated median lifetime earnings (in 2017 dollars) for a bachelor's degree recipient at age 64 was more than $1.2 million. High school graduates earned far less — just over $800,000, according to the College Board's research.
Explanation:
what is 1635436743 times 76354
Answer:
1.2487214e+14
Explanation:
Jasper makes a $25,000, 90-day, 7 % cash loan to Clayborn Co. Jasper's entry to record the collection of the note and interest at maturity should be: (Use 360 days a year.)
A) Debit Cash for $25,000; credit Notes Receivable $25,000.
B) Debit Cash $25,437.50, credit Interest Revenue $437.50; credit Notes Receivable $25,000.
C) Debit Cash $25,437.50; credit Notes Receivable for $25,437.50.
D) Debit Notes Payable $25,000; Debit Interest Expense $1,750; credit Cash $26,750.
E) Debit Cash $26,750; credit Interest Revenue $1,750, credit Notes Receivable $25,000.
Answer:
B) Debit Cash $25,437.50; credit Interest Revenue $437.50; credit Notes Receivable $25,000.
Explanation:
Based on the information given Jasper's appropriate journal entry to record the collection of the note and interest at maturity should be:
Debit Cash $25,437.50
($25,000+$437.50)
Credit Interest Revenue $437.50
(7%*25,000*90 days/360 days a year =$437.50)
Credit Notes Receivable $25,000
(Being to record the collection of the note and interest at maturity)
When seeking collaboration on writing instructions for product use before releasing the information to the consumer, which method would yield the best results? Blog Podcast Wiki Companies can use blogs to share late-breaking news of tidbits of interest to employees. This is an example of Blogs take the same care and attention as other business writing.
Answer:
Wiki
Explanation:
The best option in this case would be to use a Wiki, which is a collaborative website, where users can add content, news, information about a certain subject and thus generate more complete and efficient content.
The advantages of using Wiki for companies is the possibility of access controls, modifications, collaboration, etc.
So this would be the ideal method for a company that seeks collaboration in writing instructions for using the product before releasing the information to the consumer.
Explain the "Rule of 9 " as it pertains to marketing.
Answer:
When measuring burns in adults, the rule of nines assesses the percentage of burn and is used to help guide treatment decisions including fluid resuscitation and becomes part of the guidelines to determine transfer to a burn unit.
Explanation:
The transfer to the burn unit.
The largest source of federal revenue are ____ taxes.
A. excise
B. payroll
C. corporate income
D. personal income
Answer:
D. Personal Income
The sources of Federal Revenue are listen below:
Answer:
its D
Explanation:
lol
stephanie has been driving for 4 years without any major auto accidents until today
What is the purpose of the Subtotal feature?
Answer:
it automatically ignores rows that are hidden in a filtered list or table you can use this feature when you want to count ,sum and average etc values that are visible
Answer:
The answer is a
Explanation:
Do you think large multinational corporations in general like Wal-Mart, Apple, McDonalds and Frito Lay are good or bad for the world? Is "globalization" another word for “Americanization”? Why or why not? (3 points) Explain using complete sentences.
Answer:
The use of any trademark in this text does not vest in the author or publisher any trademark ... Part 1: Management Practice 110 A Manager's Dilemma 110 Global Sense 110 ... Retaining Competent, High-Performing Employees 462 Employee ... as you can see, managers can and do have an impact—positive and negative.
Tony is facing a financial crisis in his business. Instead of applying for a loan from a commercial bank, he takes a loan from the cooperative that he partly owns with some of his friends. This cooperative acts as a depository institution where all the members deposit their savings on a higher interest rate than that offered by commercial banks. Being a member of this cooperative, he gets the advantage of being charged lower interest rate on his loan. Based on the information given in the scenario, the cooperative owned by Tony and his friends exemplifies a(n) _____.
Answer:
credit union
Explanation:
A credit union can be regarded as
not-for-profit financial institution which is under control of the members who has money deposited in it. It doesn't maximize profit but rather give back favorable interest rates to it's members as profit.
How to do this question plz answer me
Answer: See explanation
Explanation:
Business activities simply refers to the activities that are done in order to provide goods and services for the consumers and also generate profit.
1. The purpose of business activity is:.
To provide goods.
2. An entrepreneur might find setting up a business rewarding as he or she is in control and that may give the person a level of satisfaction. Also, the entrepreneur makes profit which is rewarding as well.
3. Building a good brand image gives credibility to the company and also brings about customer loyalty. Customers want to be associated with good brands. This can also help drive sales and revenue.
(a) Explain the nature of a partnership as a form of business ownership.
and give examples of typical
"Home made food contains proper nutrition describe them
Answer:
sandwiches, soup, and others have real nutrition.
Explanation:
This barrier of trade is when trading partners do NO trade with another country:
A. Tariff
B. Quota
C. Embargo
Answer:
C. Embargo
Explanation:
Trade Barriers are the conditions or restrictions that are imposed on the business transactions that controls the business to be sold out to the hands of foreign markets. These barriers add obstacles so that the businesses are restricted through various means. When a complete ban is imposed on the import or export of any goods to the foreign markets, the situation is termed as embargo. This type of ban is imposed for the defense purposes.
Which of the following groups of people could be considered the first target market in America?
A. Women
B. Children
C. Men
D. Teenagers
Answer:
Option A. is correct.
Explanation:
A target market is defined as a group of consumers to whom a company wishes to sell its products and a group of consumers to whom a company wants to provide various services. For such customers, a company takes various marketing efforts.
Women could be considered as the first target market in America.
Option A. is correct.
Every one clock this now please!
In your opinion who is better?
Technoblade
Ranboo
Dream
You will get brainlynest if you guess which is my favorite! :)
Answer:
ranboo he's so unproblematic and he's so funny
Explanation:
Answer:
I personaly like Tommyinnit, but from the list i like Dream.
Explanation: I think you like Ranboo.
4 Select the correct answer. Which of these components is a part of the Central Processing Unit (CPU) of a computer?
Answer:
Control unit
Explanation:
Is a part of the "Central Ptocessing Unit (CPU)" of a computar. It is considerado a a "heart of the CPU.
Step 3: Now, let’s identify the factors that affect the Business Environment
As big as our economy is, it is still sensitive to changing dynamics that affect its performance and vitality. Consider these factors and how they impact business. CHOOSE JUST THREE FACTORS TO GIVE AN EXAMPLE FOR BELOW.
Economic: Jobs, interest rates & inflation are some of the forces that affect supply and demand, which determines how prices and quantities of goods and services perform in our economy.
Political/Legal: The stability of a government, and the types of laws it passes affects businesses profitability and investment
Demographic: Businesses have to consider their market’s age, gender, race, ethnicity and location.
Social: Attitudes, values, ethics, and lifestyles—influence what, how, where, and when people purchase products or services. They are difficult to predict, define, and measure because they can be very subjective.
Competition: Competition causes business to develop new products, services and technologies, and offer consumers greater selection and better products. The greater the selection of a good is in the market, prices are typically lower for the products,Global: Immigration/Refugees, political factors, tariffs, climate events and competition.
Technology: The use of science and engineering skills can be used to solve production and organizational problems. New equipment and software that improve productivity and reduce costs can be among a company’s most valuable assets.
Step 4: Choose THREE factors from the above list, and give an example of how you see this work in the economy:
(Name Factor here): (Example here of where you have seen this factor demonstrated).
(Name Factor here): (Example here of where you have seen this factor demonstrated).
(Name of factor here): (Example here of where you have seen this factor demonstrated).
(Example: Political/Legal: The Federal Reserve System)
Do you need more help understanding this topic? Read the linked article below.
Understanding the Business Environment (Link to Article)https://opentextbc.ca/businessopenstax/chapter/understanding-the-business-environment/
Ale jak się okazało w Polsce dniu narty nie skierowane to dniu tym świecie i jest ogóle nie ma problemu z tym że nie ma przecieku co w wszystko jutrzejszym terminie
A trader has a portfolio worth $5 million that mirrors the performance of a stock index. The stock index is currently 1,250. Futures contracts trade on the index with one contract being on 250 times the index. To remove market risk from the portfolio the trader should
Answer:
A short futures position is required
Explanation:
Missing word "short or long in the forward or futures market?"
Worth of portfolio = $5 million
Stock is currently index = 1,250
The number of contract required is therefore:
==> {$5,000,000} / {1,250*250}
==> 16 contracts
So, in order to remove market risk from the portfolio, the trader should sell 16 contracts. 1 futures contract protects a portfolio worth 312,500 (1250*250).
In order to remove the market risk, there is need to gain on the contracts when the market declines. A short futures position of 16 contracts is therefore required..
What is an advertising mix?
a. choosing the right demographic to be your target customer
b. creating an advertising budget and a subsequent plan
c. choosing multiple advertising media to deliver your message to the target customer
d. focusing on conveying the benefits of the product before discussing its features
Answer:
C
Explanation:
Select all that apply.
Which of the following questions would you expect to see on an interest inventory?
Would you enjoy playing soccer?
Do you enjoy music?
Do you like science experiments?
Would you enjoy reading a fashion magazine?
i think "do you enjoy music"
You work on salary. Normally, you make $375.00 a week. This week you worked 52 hrs.
How much is your gross pay?
Answer:
658
Explanation:
If you know the answer plz help me out
Answer:
o Location
Explanation:
o Location
NEED HELP ASAP ON A TIMER
Which of the following factors is a benefit of international trade over
domestic trade?
A. More limited ability to move resources due to tariffs
B. Less consumer choice
C. Lower cost of production
D. Higher political or military influence on the market
Answer:
c. lower cost of production on A P E X
Explanation:
1. A differentiation strategy works best when a
A. firm has tangible resources, its focus of competition shifts to price, and equivalent substitutes are readily available.
B. firm's focus of competition shifts to price, and when increasing differentiation of product features do not create additional value.
C. firm's differentiated products are commoditized, and costs of providing uniqueness do not rise above the customer's willingness to pay.
D. firm has intangible resources, is able to pass on increases in supplier cost to the customer, and its differentiation appeal creates customer loyalty.
2. In the context of SWOT analysis, which of the following best exemplifies a firm's external opportunity?
A. an increase in its financial resources
B. an increase in its brand equity
C. an increase in its customers' disposable income
D. an increase in its employee productivity
3. In the context of the SWOT matrix, which of the following best exemplifies a firm's internal strength?
A. increase in a firm's customer loyalty
B. growth in the size of the market in which a firm operates
C. rise in the income of the demographic segment to which a firm caters
D. loss of a competitor's reputation
creating a budget is about your wishes and hopes for what you want your income to be.
True
False
Answer:
False.
Explanation:
Creating a budget is not about your wishes and hopes for what you want your income to be, but must be done by having a realistic perception of the income and expenses that each person has from month to month. In this way, you can project responsibly, avoiding incurring debts or other negative consequences.