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Andreyy89
10 days ago
13

What does humanidocious mean??

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
Your Task. Analyze Anna’s message. It suffers from many writing faults that you have studied. List its weaknesses. If your instr
soldi70 [3635]
After evaluating the email, it's clear that it lacks formal tone and is missing a proper subject line. The email opens rather bluntly and unprofessionally. It also includes negative expressions, such as "unfortunately I cannot buy extra license." Here’s a revised version: To: staff computer users From: Anna He Wong <ahwong(at the rate)csb.com> Subject: Informing about the Adobe Creative Cloud access request. Dear staff, This email serves to notify you that we cannot procure additional access to the Adobe Creative Cloud for personal use due to high costs and the expensive nature of access codes. I extend my apologies to those who sought this privilege. The cloud suite offers numerous features, and I would be happy to demonstrate it if you contact the Document Production Department. Keep in mind that this software operates on a subscription basis and requires unique access keys, which cannot be used on more than one computer. I appreciate your understanding regarding this matter, and if additional access were granted, it might not be beneficial for our business. Thank you for your cooperation. Best regards, Anna He Wong Document Production Manager.
8 0
1 month ago
The flynn company began the period with $15,000 worth of raw materials. during the period it purchased an additional $17,000 wor
Free_Kalibri [3773]
I believe the response is 38,000.
7 0
2 months ago
Read 2 more answers
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