Answer:
$10,000 increase in the net operating income
Explanation:
The computation of the overall impact is shown below:
= Change in contribution margin units - increase in the monthly advertising budget
= $17,100 - $7,100
= $10,000
The change in contribution margin units is computed below:
= New sales units × Contribution margin per unit
= 190 units × $90
= $17,100
And, the increase in the monthly advertising budget is a fixed expenses or fixed cost
Sales - variable cost = Contribution
Contribution margin - fixed expenses = Net operating income
Answer:
Most American cars are delivered f.o.b. Detroit; however, imports are not.
Explanation:
The completely correct sentence is;
Most American cars are delivered f.o.b. Detroit; however, imports are not.
Fob is an acronym for free on board, hence it should have "dots" in between.
Semicolon indicates a pause or that an explanation continues, as it joins two (2) independent clauses.
If I am planning a local art festival, and the money available for the promotion of the event is low, what I will do is that I will create awareness about the program on the internet using social media. Social media will allow me to advertise the event at no cost at all and will allow the advertisement to reach a good number of people who live at the region where the event will take place.
The situation when a merchandise is returned for a refund or for credit to be applied to other purchases is called Purchase return inwards.
<h3>Return inwards</h3>
A purchase return as the name implies occurs when the buyer of a merchandise, services, inventory, fixed assets, or other items sends these goods back to the seller.
These purchase returns when excessive can interfere with the profitability of a business, so they should be closely monitored.
Read more on purchase returns;
brainly.com/question/15864970
Answer:
Explanation:
Grand prize = $15,000
Second prize = $1,500
Number of tickets sold = 12,000
The probability of getting the grand prize ($15,000) is 1/12,000
The probability of getting the second prize ($1,500) is 1/12,000
Each ticket costs $4
Expected value is -4 + 1/12,000 X 15,000 + 1/12,000 X 1,500
= -1.5.
The expected winnings for a ticket buyer is therefore -$1.5