2 years ago

When people are in debt, it means there is no income True or false?

Business

1 answer:

mote1985 [20]2 years ago

5 0

They are in debt meaning they owe money. That does not mean there is no income coming in.

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Menlo Company distributes a single product. The company’s sales and expenses for last month follow: sales 616,000 net operating

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Answer:

Explanation:

Giving the following information:

The company’s sales and expenses for last month follow: sales 616,000 net operating income 31,200

Break-even point= fixed costs/ contribution margin

Break-even point (dollars)= fixed costs/ contribution margin ratio

Contribution margin= selling price - unitary variable cost

Contribution margin ratio= contribution margin/ selling price

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2 years ago

What is Pangaea? Please explain!

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A former “supercontinent” on the Earth. In the distant past a large landmass, Pangaea, included all the present continents, which broke up and drifted apart.

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Vladimir79 [104]

Answer:

Corporate social responsibility

Explanation:

Corporate social responsibility (CSR) is an approach that a business uses to demonstrate its concern for the surroundings. Through CSR, a company exhibits its commitments to the public or the environment. By practicing CSR, companies become corporate citizens.

CSR is gaining popularity. Businesses are adopting sustainable development agenda into their business models. Engaging in conservation matters makes Clendtine Fashions a friend to the environment.

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2 years ago

A property is generating $100,000 in income and has expenses of $25,000. The investor pays $3,000 toward mortgage principal each

Salsk061 [2.6K]

Answer:

$40,000

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Calculation to determine the before-tax cash flow

Using this formula

Before-tax cash flow=Income-[Expense+(Debt service)]

Let plug in the formula

Before-tax cash flow=$100,000-[$25,000+($3,000 + $32,000)]

Before-tax cash flow=$100,000-($25,000+$35,000)

Before-tax cash flow=$100,000-$60,000

Before-tax cash flow=$40,000

Therefore the before-tax cash flow is $40,000

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Bruce is a single father with 1 child. He can work as a bagger at the local grocery store for $7 per hour up to 1,200 hours per

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