Rebecca owns a health food store. In March, cells were $134,000. In April, cells were $120,660. What was the rate of change? A 10% decrease B 10% increase C 90% decrease D 90% increase
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Rebecca owns a health food store. In March, cells were $134,000. In April, cells were $120,660. What was the rate of change? A 10% decrease B 10% increase C 90% decrease D 90% increase
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- You have a tea stall in operation at Ramna park since 2015. Information of your business in 2018 are as follows: Selling price was BDT 10 per cup Average Sales volume was 35 cup per day Annual sales growth was 12% Price increases by 20% every year Monthly average selling and administration cost of the stall was: Police Commission = BDT 500/month Rent = BDT 1,000/month Utility = BDT 200/month Depreciation = BDT 60/month During a normal situation, the following growth has been observed: Raw material cost increases by 10% every year Labor cost increases by 8% every year MOH cost increases by 12% every year Selling and administration cost increases by 4% every year Make a Master Budget (Sales/Production/RM/Labor/MOH/Selling & Administrative/Cash budget) for the year 2019 (Pre CORONA virus year ) and another Master Budget for the year 2020 (CORONA virus year). You need to calculate your own production cost (raw…Johnson Healthcare is a health care firm specializing in products for persons who are disabled. Johnsonplans to maintain a 10% gross profit margin. After analyzing last year’s data, you found that Johnsonhad gross profit of $250,000 and net sales of $1,500,000. What was the gross profit margin, and by whatpercentage did the firm achieve its goal?BrightLine Medical Products delivers medical supplies to small offices across the metro area. The typical BrightLine customer orders $1,200 worth of supplies in the average month. BrightLine believes that the average customer stays with BrightLine for 2.4 years. What is BrightLine's MONTHLY CHURN RATE for these small office customers? (Report your answer as a percent. Report 25.5%, for example, as "25.5". Rounding: tenth of a percent.) ANSWER IS: (3.5), but HOW is that the answer? Please explain.
- Calculate the change in net income if the Town Store is closed and sales at the Mall Store increase by 20%. Do not use $ in your answer.A business usually has a mark-up of 20% on cost of sales. During a year, its sales were $90,000. What was cost of sales? A $15,000 B $72,000 C $18,000 D $75,000The CPI increased from 125.0 to 132.0 over a three-year period. If a person earned $40,000 at the beginning of the three-year period, how much would they have to earn at the end of the three-year period to maintain the same purchasing power? O$40,933 $42,121 $42,800 $42.240
- Fourth Street Lighting shows a net income of $224 000 for the previous year. If the contribution rate for the store was 40.3%, and the fixed cost was $315 000, what were last year’s sales?A cart of groceries today costs about $132 and decreases 2.4% a year due to deflation. Create a model representing the relationship between the cost of groceries in dollars and time in years.Assume a company sold 28,000 units last year and ncrease the sales commission by $2 per unit. What does this mean
- 6. A sports store sells 68 pairs of swimming flippers per day for $20.00 each. The owner estimates that for each $3.00 increase in price, 3 fewer sales are made each day. What price should be charged to maximize profit?You are the manager of World Wide Athlete, a chain of six sporting goods shops in your area. The shops sell 15 racing bikes per week at a retail price of $659.99. Recently, you put the bikes on sale at $599.99. At the sale price, 18 bikes were sold during the one week sale. (a) What was your markdown percent on the bikes? (Round your answer to one decimal place.) % (b) What is the percent increase in number of bikes sold during the sale? % (c) How much more revenue (in $) would be earned in 6 months by permanently selling the bikes at the lower price rather than having a 1 week sale each month? (6 sale weeks in 26 weeks.) $ more revenue (d) As manager of World Wide Athlete, would you recommend this permanent price reduction? Explain. (Just consider revenue, ignore cost.) O Yes, permanent markdown increases revenue significantly. O No, permanent markdown decreases revenue significantly. O No, permanent markdown does not change revenue. Submit AnswerLast month, when Holiday Creations, Inc. sold 50,000 units, total sales were $200,000, variable expenses were 60% of sales revenue, and total fixed expenses were $65,000. Required: 1. What is the company’s CM per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 2. Estimate the change in the company’s net income if it were to increase its sales by 1,200 units. (Do not round intermediate calculations.)