Kincaid Company sells flags with team logos. Kincaid has fixed costs of $864,000 per year plus variable costs of $9.60 per flag. Each flag sells for $24.00. Kincaid Company sells flags with team logos. Kincaid has fixed costs of $864,000 per year plus variable cos Read the requirements. Requirement 1. Use the equation approach to compute the number of flags Kincaid must sell each year to break even. First, select the formula to compute the required sales in units to break even. + + Rearrange the formula you determined above and compute the required number of flags to break even. The number of flags Kincaid must sell each year to break even is Requirement 2. Use the contribution margin ratio approach to compute the dollar sales Kincaid needs to earn $28,800 in operating income for the year Begin by showing the formula and then entering the amounts to calculate the required sales dollars to earn $28,800 in operating income. (Round the re $11. Abbreviation used: CM = contribution margin.) ) ÷ ) ÷ Operating Income (Loss) % = Previous question = Required sales in dollars Target profit ch flag sells for $24.00. Requirement 3. Prepare Kincaid's contribution margin income statement for the year ended December 31, for sales of 50,000 flags. (Round your final a Kincaid Company Contribution Margin Income Statement Year Ended December 31, 20XX Requirements 1. Use the equation approach to compute the number of flags Kincaid must sell each year to break even. 2. Use the contribution margin ratio approach to compute the dollar sales Kincaid needs to earn $28,800 in operating income for the year. (Round the contribution margin ratio to two decimal places.) 3. Prepare Kincaid's contribution margin income statement for the year ended December 31, for sales of 50,000 flags. (Round your final answers up to the next whole number.) 4. The company is considering an expansion that will increase fixed costs by 30% and variable costs by $2.40 per flag. Compute the new breakeven point in units and in dollars. Should Kincaid undertake the expansion? Give your reasoning. (Round your final answers up to the next whole number.) Print Done Requirement 4. The company is considering an expansion that will increase fixed costs by 30% and variable costs by $2.40 per flag. Compute the new breakeven point in units and in dollars. Should Kincaid undertake the expansion? Give your reasoning. (Round your final answers up to the next whole number.) (Use the equation approach.) Begin by selecting the formula to compute the required sales in units to break even under the expansion plan. Target profit Rearrange the formula you determined above and compute the required number of flags to break even under the expansion plan. Under the expansion plan, the breakeven point in units would be flags. Under the expansion plan, the breakeven point in dollars would be Should Kincaid undertake the expansion? Give your reasoning. Kincaid should only undertake the expansion if expected profits from the expansion the expected costs.

I'm sorry, I don't know what you mean. Please attach a photo/add the instructions!! Sorry

Answer:

can u please upload it

Explanation:

Answer:

A LOT

Explanation:

BECAUSE EVERYTIME I REALLY BE WANTING TO GO TO COLLEGE TO BE SUCCESSFUL

Answer:

increase the level of interest among consumers.

Explanation:

Integrated marketing communications has this basic idea the basic idea is to make sure they're all types of communications and messages I welded together they have to be well link together so that all promotional tools can work together in harmony.

The aims of integrated marketing communication includes

1. The creation of a brand awareness

2. Generating interest for products among the customers

3. Raising desire for the product

4. Trying to create sales of these products.

The answer to this question is increase the level of interest among consumers.

Lower because these businesses only create at their own private optimal level rather than receiving government subsidies that would enable them to produce at the socially optimal level.

Administrative law defines a government as a collection of individuals with the authority to rule over a region. This area may be a country, a state or province inside a nation, or another geographical entity. There are numerous different forms of governance, including parliamentary, presidential, federal, and unitary. Government may be summed up as a collection of persons in charge of overseeing a kingdom, state, or other political entity. In addition, a government is a body that has the capacity to impose certain administrative laws on a state or nation. The U.S. Federal Government is divided into the legislative, executive, and judicial branches to guarantee a balance of power.

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Answer:

$80,000

Explanation:

Prudence allows that liabilities should not be understated and assets should not be overstated .

As the case is probable to result to a liability by the lawyers assessment , this means that it is more likely to happen and liability should be recognized . However , there is an insurance that limits the liability to the tune of $80,000 regardless of the agreement made towards the settlement.

The sum of $80,00 should be recognized as the liability in the statement of financial position

It would be necessary to have additional details about the financial performance of the company, including the revenues and expenses associated with the travel book line, as well as the overall profitability of the company. Without this information, it is impossible to determine how discontinuing the travel book line would impact corporate profits.

In general, discontinuing a product line may have both positive and negative impacts on corporate profits. On one hand, if the product line is not generating significant revenues or is causing losses, discontinuing it may result in cost savings and improved profitability. On the other hand, if the product line is generating significant profits, discontinuing it may lead to decreased revenues and lower overall profitability. Additionally, other factors such as market trends, competition, and consumer preferences may also impact corporate profits and would need to be considered in any analysis.

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Answer:

B. Risks

A. compound

c. Savings Account

c. mutual funds

Answer:

Understanding the likelihood of failure is part of understanding the

✔ risks

.

An investment will grow faster with a monthly

✔ compound

 interest rate.

Investments with more liquidity include

✔ savings accounts

.

Investments with less liquidity include

✔ personal property

.

Explanation:

The statement that describes the shift from D1 to D2 is the demand for the product increased.

The graph represented in the image is that of a demand curve. A demand curve is a curve that shows the relationship between price and quantity demanded.

The demand curve is negatively sloped because the higher the price, the lower the quantity demanded. This is in line with the law of demand.

When the demand curve shifts to the right, it indicates an increase in demand. When the demand curve shifts to the left, it indicates a decrease in demand.

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Answer:

Demand for the product increased!

Explanation:

option A

An innovative business idea that no one has never had is Offering virtual assistance to other businesses.

innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.

It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.

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Complete question:

State An innovative business idea that no one has never had

Answer:

The gross profit on a product is computed as follows:

Sales - Cost of Goods Sold = Gross Profit.

Gross Profit / Sales = Gross Profit Margin.

(Selling Price - Cost to Produce) / Cost to Produce = Markup Percentage.

Explanation:

Answer:

a) 10% (baseballs) / 35% (total) = 2/7

b)15% (tennis balls) / 35% (total) = 3/7

c) 100% - 10% (softballs) = 90%

d) 100% - 10% (baseballs) - 10% (softballs) - 15% (tennis balls) = 65%

Explanation:

(a) To find the probability that the ball is a baseball, we first need to add up the percentages of baseballs, softballs, and tennis balls to get the total percentage:

10% (baseballs) + 10% (softballs) + 15% (tennis balls) = 35%

So, 35% of the company's output consists of one of these three types of balls. Since 10% of that output consists of baseballs, we can find the probability of selecting a baseball by dividing the percentage of baseballs by the total percentage:

10% (baseballs) / 35% (total) = 2/7

Therefore, the probability of selecting a baseball is 2/7.

(b) Similarly, to find the probability that the ball is a tennis ball, we divide the percentage of tennis balls by the total percentage:

15% (tennis balls) / 35% (total) = 3/7

Therefore, the probability of selecting a tennis ball is 3/7.

(c) To find the probability that the ball is not a softball, we need to subtract the percentage of softballs from 100% (since there are no other types of balls besides these four):

100% - 10% (softballs) = 90%

Therefore, the probability of selecting a ball that is not a softball is 90%.

(d) Since the company's remaining product is handballs, we know that the percentage of handballs is:

100% - 10% (baseballs) - 10% (softballs) - 15% (tennis balls) = 65%

Therefore, the probability of selecting a handball is 65%.

The inventory account is credited for $7 when the return is recorded because it reflects the reduction in inventory value based on the oldest FIFO layer cost of $7 per unit.

When recording the return of an item to a vendor, the inventory account is credited. In this specific scenario, the item originally cost $10, but the vendor offers a credit of $9. The oldest FIFO (First-In, First-Out) layer in QBO (QuickBooks Online) is $7 per unit.

FIFO is an inventory valuation method that assumes the first items purchased or produced are the first ones sold or used. In this case, the oldest FIFO layer refers to the cost of the inventory based on the earliest purchases.

Since the vendor is offering a credit of $9 for the returned item, it indicates a reduction in the cost of the inventory. The credit is based on the cost associated with the oldest FIFO layer, which is $7 per unit. Therefore, the inventory account is credited $7 to reflect the decrease in the inventory value due to the return.

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The average unit cost for Sheridan company made three purchases of merchandise is $5.50.

To calculate the average unit cost, we need to first determine the total cost of all the purchases and the total number of units purchased.

For the first purchase of 500 units at $4, the total cost is 500 x $4 = $2,000.

For the second purchase of 600 units at $5, the total cost is 600 x $5 = $3,000.

For the third purchase of 700 units at $7, the total cost is 700 x $7 = $4,900.

Therefore, the total cost of all the purchases is $2,000 + $3,000 + $4,900 = $9,900.

The total number of units purchased is 500 + 600 + 700 = 1,800.

To calculate the average unit cost, we divide the total cost by the total number of units:

$9,900 / 1,800 = $5.50

Therefore, the average unit cost is $5.50.

Note: The question is incomplete. The complete question probably is: In its first month of operations, Sheridan company made three purchases of merchandise in the following sequence: (1) 500 units at $4, (2) 600 units at $5, and (3) 700 units at $7. Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.)

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Explanation:

The term for an agreement, either explicitly or implicit, among two or more companies operating in the same market to sell goods at a set price is called Price-fixing.(A)

Price-fixing occurs when two or more companies collaborate to set the price of a product or service, rather than allowing market forces to determine it naturally. This practice can lead to higher prices for consumers and reduced competition in the marketplace.

Price-fixing is often illegal, as it can violate antitrust laws designed to protect consumers and maintain fair competition.

Other terms, such as resale price maintenance, price discrimination, and predatory pricing, refer to different pricing strategies and practices that do not involve explicit or implicit agreements among competitors to set a specific price for goods or services.

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+ is you know what you are looking for in life, what are your goals and what you need to do to achieve them.

- is getting bored soon (changing your mind), and not enjoying your childhood.

I hope i helped :)

Answer:

A normative statement is one that makes a value judgment. Such a judgment is the opinion of the speaker; no one can prove that the statement is or is not correct

Explanation:

The Great West Bank's balance sheet is a statement of the bank's financial health, which provides information on the bank's sources of funds and how they are utilized. The bank's management of credit and interest rate risk is also reflected in it. The two parts of this task are as follows:

Demand deposits = $29 million Advances from the Bank of Canada = $1 million ,Fixed deposits = $31 million Securities = $26 million Non-mortgage loans = $35 million Reserves and cash = $10.5 million Mortgage loans = $25 million
Borrowings = $25 million

The balance sheet shows that Great West Bank has to hold a reserve of $8 million (8% of $100 million in deposits). When the commercial loan and mortgage loan ($25 million each) are added, it increases the non-mortgage loans to $26.6 million.

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The loss of factory control by private firms is the process that most closely reflects Karl Marx's belief about the economic system that will eventually replace free markets.

Option C will be the representation of the economic system that Karl Marx believed in.

To explain relative inequalities in market prices, Karl Marx believed in the labor theory of value. The value of a manufactured economic good can be determined objectively by the average direct labor hours required to make it, according to this theory.

According to Marx, the entire goal of primitive accumulation is to monopolize the means of production so that exploiting owners can profit from the surplus labor of people who, due to a lack of other options, are forced to work for them.

Therefore, option C is the correct answer.

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Answer: A is the correct answer

Explanation:

By making and solving the equations, we know that Mrs. Stune purchased 7.2 pounds of peaches.

Algebraically speaking, an equation is a statement that shows the equality of two mathematical expressions.

For instance, the two equations 3x + 5 and 14, which are separated by the 'equal' sign, make up the equation 3x + 5 = 14.

So, for a fruit salad, Mrs. Aiken purchased some peaches at $1.49 per pound and some blueberries at $1.99 per pound.

1.49p + 1.99b = 20.38

12 pounds in a total of the two fruit varieties:

p + b = 12

Now, solve the equation as follows:

1.49p + 1.99b = 20.38

p + b = 12

p = 12 - b

Replace p with the value in equation 1:

1.49(12 - b) + 1.99 = 20.38

17.98 - 1.49b + 1.99b = 20.38

0.5b = 20.38 - 17.98

0.5b = 2.4

b = 2.4/0.5

b = 4.8

See equation 2 for the value of b:

p + b = 12

p = 12 - b

p = 12 - 4.8

p = 7.2

Therefore, by making and solving the equations, we know that Mrs. Stune purchased 7.2 pounds of peaches.

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Days are the only time unit a company can use to measure inventory in terms of supply. false

The Inventory Days of Supply metric is an efficiency ratio that's usually understood as Days in Inventory, the Inventory Period, or Days Inventory Outstanding. It is used to measure the intermediate time – in days – it takes for a business to sell its entire inventory.

Inventory days of collection refer to an efficiency ratio measuring the average amount of time in days that a firm or warehouse keeps inventory before selling or shipping it.

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Producer surplus exists when producers can sell goods at a price above their cost of production, earning a profit. It indicates profitability, encourages investment, and fosters economic growth.

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Issues will likely continue to dominate public finance in texas over the next biennium growing antigovernment feelings encouraging cuts in services increasing population and related needs for increased services

Texas maintains a balanced budget because the State Constitution requires it. When combined countries and original deals levies in Texas are further than 10 of the individual purchase price. Texas's General Revenue Dedicated Fund serves as the state's main operating fund.

The property duty and the deals duty are the main sources of duty profit for original governments. The council doesn't have the indigenous authority to levy a state property duty. 3 The only permissible property levies are property levies levied by original authorities.

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Company has cash of $35,000 on December 31, 2016; beginning cash balance on January 1, 2017 is also $35,000. This is an example of permanent account.

The balances that accumulate over time are recorded in permanent accounts. Records of sales is an illustration of super durable records. Assets, liabilities, equity, accounts payable, inventory, and investments are additional examples of permanent accounts.

An account whose balance does not reset to zero at the end of the accounting period is called a permanent account, also known as a real account. Instead, the balance stays the same throughout each accounting period. Asset, equity, and liability accounts are the most common types of permanent accounts.

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If the market portfolio return decreases by 2%, then each firm's stock return will decrease by about the same percentage.

This is because stock returns are typically influenced by the overall market performance. When the market portfolio return decreases, it indicates a decline in the overall market sentiment and investor confidence. As a result, investors may sell off their shares, causing the stock prices of individual firms to decrease.

The extent to which each firm's stock return decreases will vary based on factors such as its industry, financial health, and market position. However, on average, a 2% decrease in the market portfolio return would lead to a similar decrease in each firm's stock return.

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Projects where management has no choice in implementing them are called Mandatory projects.

Mandatory projects are those projects where management has no choice in implementing them. These projects are often implemented to comply with regulations or requirements imposed by external entities such as government agencies, investors, customers, or suppliers.

For instance, a business might be required to implement a project to comply with a new regulation or to meet a contractual obligation. In some cases, the project might be necessary to maintain the business’s competitive advantage or to remain competitive in the market.

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"Differences in ___time to maturity___ explain why interest rates on Treasury securities are not all the same". Option C

Interest rates on Treasury securities vary according to the length of time until the securities mature. This relationship between interest rates and time to maturity is known as "yield curve."

Generally, longer-term Treasury securities have higher interest rates than shorter-term securities. This is because investors demand a higher rate of return for holding longer-term securities due to the increased risk associated with a longer holding period.

For example, if an investor purchases a 10-year Treasury bond, they are committing to holding the bond for a longer period of time than if they purchased a 1-year Treasury bill. The 10-year bond is subject to more uncertainty and risks over a longer period of time, such as inflation.

While risk, liquidity, and tax characteristics can also affect the demand for Treasury securities and their interest rates, time to maturity is the primary factor that explains why interest rates on Treasury securities are not all the same.

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Tax is paid to the government, self-employed people are most likely to need help if a tax professional.

Tax is a contribution to revenue that is generated by the state and it is levied by the government on workers' income and profits from individual's businesses.

It is a compulsory payment and it can be added to the cost of some goods and services.

Self-employed people mostly need help from tax professionals on how much is to be paid and where to be paid, tax are often deducted directly from salaries.

Therefore, self-employed people is most likely to need help if a tax professional.

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