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kozerog
12 days ago
13

Which example best describes how a bank injects money into the economy? A bank opens a savings account for a customer. A bank ap

proves a mortgage for a customer. A bank buys a company’s rapidly growing stock. A bank buys property in a bustling business district.
Business
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A contribution income statement for the Nantucket Inn is shown below. (Ignore income taxes.) Revenue $ 2,000,000 Less: Variable
Scilla [3833]

Solution

1.Hotel’s cost structure          Indications in percentage(%)

Revenue                                     $ 2,000,000                          (100)

Less: Variable expenses            $ 1,300,000                            65

                                                    --------------------

Contribution margin                       $700,000                            

Less: Fixed expenses                   $560,000                            28

                                                    ---------------------

Net income                                       $140,000                            7

2.Revenue declines by 30 percent

Revenue                                     $ 1,400,000   (2,000,000×70÷100)                  

Less: Variable expenses               $910,000   ( 1,300,000 ×70÷100)                                                                                  

                                                   ---------------------

Contribution margin                       $490,000     ( 700,000 ×70÷100)              

Less: Fixed expenses                   $392,000     ( 5,60,000 ×70÷100)                      

                                                    ---------------------

Net income                                       $98,000     ( 140,000 ×70÷100))      

3.Operating leverage factor when revenue is $2,000,000    

       Operating leverage =    Contribution/ Net income

                                             =700,000÷ 140,000=5

4.Operating leverage factor when increase in revenue by 25 percent  

increase in revenue by 25 percent= 2,000,000×25÷100 = 500,000

increase in contribution by 25 percent= 700,000×25÷100=175,000

increase in net income by 25 percent  =140,000×25÷100=35,000                                                  

       Operating leverage =    Contribution/ Net income

                                         = 875,000 ÷ 175,000 = 5

3 0
2 months ago
Which of the following statements is true regarding the effect of group cohesiveness and performance norms on group productivity
soldi70 [3635]
When both cohesiveness and performance norms are elevated, productivity also tends to be high. Explanation: This statement holds true regarding the relation between group cohesiveness and the standards of performance on productivity. Cohesiveness is a defining aspect that influences group dynamics and is significant from a behavioral standpoint. It refers to the extent of attraction and commitment of group members to one another and their desire to remain part of the group. Cohesiveness illustrates how closely members feel connected to the group, based on the level of camaraderie among them. The greater the cohesiveness, the more members influence one another to conform to group standards, ultimately reflecting how individuals identify with the group.
8 0
1 month ago
What approaches do supermarkets use to offset variations in customer traffic intensity?
soldi70 [3635]
Con base en estudios previos o en la historia del supermercado, podrían identificar los momentos del día con mayor afluencia, por lo tanto, tendrían que aumentar el número de entregas en esos momentos. Además, necesitarían distintos sistemas de servidores para calcular cuántas personas querrían trabajar y así limitar la cantidad de clientes en la fila y su tiempo de espera.
3 0
2 months ago
Fifteen years ago, Mr. Fairhold paid $50,000 for a single-premium annuity contract. This year, he began receiving a $1,300 month
Mariulka [3825]

Response: $1091.61

Clarification:

Based on the inquiry, fifteen years ago, Mr. Fairhold invested $50,000 in a single-premium annuity contract, and this year, he began to receive a monthly payment of $1,300 that will last throughout his lifetime, with an expected total of $312,000. The taxable amount of each monthly payment for Mr. Fairhold is calculated as follows:

In accordance with the inquiry, Mr. Fairhold will recoup his $50,000 tax-free. The exclusion ratio is formulated by dividing the investment by the anticipated return. This yields:

= $50,000/$312,000

= 0.1603

Given that he receives a monthly payment of $1,300 and the exclusion ratio stands at 0.1603, the tax-free return on investment would then amount to:

= $1,300 × 0.1603

= $208.39

Taxable portion of the annuity payment will therefore be:

= $1300 - $208.39

= $1091.61

6 0
1 month ago
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