For the last two years BRC Company had net income as follows:
Year 1 Year 2
Net Income $88,000 $108,000
What was the percentage change in income from Year 1 to Year 2?
A. 18.52% increase
B. 18.52% decrease
C. 22.73% increase
D. 22.73 % decrease

Answers

Answer 1

The percentage change in income from Year 1 to Year 2 of BRC Company  is a 22.73% increase. Thus, the correct answer is C. 22.73% increase.

The percentage change in income from Year 1 to Year 2 for BRC Company can be calculated using the formula:
Percentage Change = ((Year 2 Income - Year 1 Income) / Year 1 Income) * 100

Step 1: Find the difference between Year 2 and Year 1 incomes.
$108,000 - $88,000 = $20,000

Step 2: Divide the difference by Year 1 income.
$20,000 / $88,000 = 0.2273

Step 3: Multiply the result by 100 to get the percentage.
0.2273 * 100 = 22.73%

Therefore, the percentage change in income from Year 1 to Year 2 is a 22.73% increase. The correct answer is C. 22.73% increase.

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Related Questions

If you see the letters "wh” on your paycheck, what do they stand for?

Answers

Withdraw I think.......
I’m pretty sure it means Withdraw

an auditor anticipates relying on the operating effectiveness of controls in a computerized environment. under these circumstances, on which of the following activities would the auditor initially focus? programmed controls. application controls. general controls. output controls.

Answers

When an auditor anticipates relying on the operating effectiveness of controls in a computerized environment, the auditor would initially focus on "General Controls." Option is the correct answer.

General controls are the policies and procedures that apply to all information system components. General controls pertain to the organization's overall information systems and contain the framework, standards, and controls that provide a broad level of security and assist in ensuring the confidentiality, integrity, and availability of information.The purpose of general controls is to ensure the overall effective operation of IT facilities.

These controls are essential since they assist in preventing security breaches, data loss, and other issues that might impact the whole organization. They also help assure the confidentiality, integrity, and availability of data throughout an organization. Thus, option C is the correct answer.

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Sales+revenue+in+period+1+is+$100,000+and+food+cost+is+40%.+sales+revenue+in+period+2+is+$104,000+and+food+cost+is+44%.+the+percent+change+in+food+cost+percentage+from+period+1+to+period+2+is:__.

Answers

The percent change in food cost percentage from period 1 to period 2, if sales revenue in period 1 is $100,000 and food cost, is 40% and sales revenue in period 2 is $104,000 and food cost is 44% is 14.4%.

To calculate the percent change in food cost percentage from period 1 to period 2, we use the formula:

((Food cost in period 2 - Food cost in period 1) / Food cost in period 1) * 100

Let's calculate it using the given information:

Food cost in period 1 = Sales revenue in period 1 × Food cost percentage = $100,000 × 0.40 = $40,000

Food cost in period 2 = Sales revenue in period 2 × Food cost percentage = $104,000 × 0.44 = $45,760

((45,760 - 40,000) / 40,000) × 100 = 14.4%

Therefore, the percent change in food cost percentage from period 1 to period 2 is 14.4%.

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True or False, a peer review is usually done before the appeal process.

Answers

True. The purpose of peer review is to ensure that the work meets the required standards and contributes to the body of knowledge in a meaningful way.

Peer review typically takes place before the paper or manuscript is published or accepted for publication. During this stage, the work is sent to multiple experts or peers who provide constructive feedback, evaluate the methodology, analyze the results, and assess the overall merit of the research. A peer review is typically conducted before the appeal process. In the context of academic research or scholarly publications, peer review is a critical evaluation process where experts in the same field assess the quality, validity, and credibility of a research paper or manuscript. Based on their evaluations, the authors may need to revise and improve their work before resubmitting it for further consideration or publication.

The appeal process, on the other hand, usually occurs after a decision has been made, such as rejection or acceptance with revisions. If authors disagree with the decision or have concerns about the review process, they may choose to appeal. The appeal process allows them to present their case and seek reconsideration of the decision based on valid grounds. However, the appeal process is a separate stage that occurs after the initial peer review.

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False, a peer review is not typically conducted before the appeal process.

The statement is false. In most cases, a peer review is not conducted before the appeal process. The appeal process is a mechanism through which individuals can challenge a decision or outcome that they believe to be unjust or incorrect. It provides an opportunity for a higher authority or an independent body to review the initial decision and determine if there were any errors or unfairness in the process.

It is commonly used to ensure the accuracy, rigor, and credibility of the work. Peer reviews are typically conducted before the publication or acceptance of the work, whereas the appeal process occurs after a decision has been made and seeks to address grievances or errors in that decision. Therefore, the two processes are distinct and separate from each other.

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Fox Scully received an e-mail promoting a new financial services institution that offers surprisingly low mortgage rates. The e-mail asked customers to provide their address, date of birth, Social Security number, and current mortgage information in order to receive a free loan quote. Suspicious of the offer, Fox researched the company and discovered that the e-mail was fraudulent. This is an example of _____________.

Answers

FAnswer:

phishing

Explanation:

From the question we are informed about Fox Scully who received an e-mail promoting a new financial services institution that offers surprisingly low mortgage rates. The e-mail asked customers to provide their address, date of birth, Social Security number, and current mortgage information in order to receive a free loan quote. Suspicious of the offer, Fox researched the company and discovered that the e-mail was fraudulent. This is an example of phishing.

Phishing can be regarded as a kind of social engineering attack which is used by attackers in stealing user data as well as login credentials and credit card numbers. It usually takes place

as a result of the attacker, masquerading him/her self as a trusted entity, then later dupes a victim so the victim can open an email or particular instant message even text message.

What is the future value of $25,000 invested for 10 years with a rate of return of 8%?

Answers

Answer:

6% on an investment that will return $450,000

Explanation:

the marketing concept holds that above all else, firms must be focused on building the highest quality product possible.

Answers

The marketing concept holds that above all else, firms must be focused on building the highest quality product possible.

FALSE

A market is a composition of structures, institutions, methods, social relations or infrastructures whereby events interact in exchange. at the same time as parties may also change items and offerings through barter, most markets rely upon sellers presenting their goods or offerings to consumers in alternate for money.

Marketing refers to how one-of-a-kind industries are labeled and differentiated based totally on their degree and nature of competition for services and goods. The four popular varieties of market systems consist of perfect opposition, oligopoly marketplace, monopoly market, and monopolistic opposition.

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How does a command economy differ from a mixed market economy? 1. In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights. 2. In a command economy, citizens have more property rights. In a mixed market economy, citizens have fewer property rights. 3. In a command economy, citizens own all public property. In a mixed market economy, the government owns all private property. 4. In a command economy, citizens own all private property. In a mixed market economy, the government owns all public property

Answers

Answer: In a command economy, citizens have fewer property rights. In a mixed market economy, citizens have more property rights. A command economy is one in which the government has almost complete control of property, businesses, and the economy in general.

Explanation:

2. Give at least two examples of types of identity theft.

Answers

Answer:

Two examples of identity theft:

1. Dressing like a coworker to give the impression that you are them.

2. Talking like a coworker to give the impression that you are them.

Explanation:

Out of a list of the values 12, 7, 3, 5, 8, and 2, which result would the MIN function return?

Answers

Answer:

2

Explanation:

It’s just right, trust

If a business is owned by many people, it is called a _____ . A. sole proprietorship. B. corporation. C. limited liability company. D. partnership

Answers

Answer:

bbb

Explanation:

When a business is owned by many people, then such a kind of business will be termed as corporation. Hence, Option B is correct.

What is a business?

A business is a term which is used to denote the kind of activity that makes a person engaged and so that they can earn money to provide support to their family as well as themselves.

In terms of the monetary sector, with the help of this , they will continue in a smooth and efficient manner. With the help of business, one can earn that much money through which they can move towards master status.

When a person runs a kind of business there, apart from him, many other people will also become owners. It will be referred to as a corporation.

Therefore, Option B is correct.

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Critically analyse how Building information modelling is being
linked with other technologies to deliver construction
projects?

Answers

Building Information Modelling (BIM) has become a popular method for creating, managing, and sharing building data throughout the life of a construction project.

This technology enables project team members to access project data from anywhere, at any time.Artificial Intelligence Artificial intelligence (AI) is currently  project scheduling.

These technologies include virtual reality, geographic information systems, 3D printing, Internet of Things, drones, cloud computing, and artificial intelligence.

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Saunderstown Company reported the following pretax data for its first year of operations. Net sales $ 2,950 Cost of goods available for sale $ 2,480 Operating expenses $ 700 Effective tax rate 30 % Ending inventories: If LIFO is elected $ 990 If FIFO is elected $ 1,250 What is Saunderstown’s gross profit ratio if it elects LIFO? (Round your answer to the nearest whole percentage. )

Answers

To calculate Saunderstown's gross profit ratio if it elects LIFO, we need to first calculate its gross profit using the LIFO ending inventory.

Beginning inventory = Cost of goods available for sale - Net sales = $2,480 - $2,950 = -$470 (negative indicates a loss)

Ending inventory (LIFO) = $990

Cost of goods sold (LIFO) = Cost of goods available for sale - Ending inventory (LIFO) = $2,480 - $990 = $1,490

Gross profit (LIFO) = Net sales - Cost of goods sold (LIFO) = $2,950 - $1,490 = $1,460

Now we can calculate the gross profit ratio using the formula:

Gross profit ratio = (Gross profit / Net sales) x 100%

Gross profit ratio (LIFO) = ($1,460 / $2,950) x 100% = 49% (rounded to the nearest whole percentage)

Therefore, if Saunderstown elects LIFO, its gross profit ratio would be 49%.

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"The Milgrim Study and Zimbardo Prison Study that we watched in class highlighted which of the following:Group of answer choicesA. It is important that teams are cohesiveB. The tendency for people to obey and not question those with powerC. Social loafing occurs as group size increasesD. The power of linking performance to rewards"

Answers

The Milgrim Study and Zimbardo Prison Study both highlighted the tendency for people to obey and not question those with power. The correct option is B.

In the Milgrim Study, participants were instructed to deliver increasingly painful electric shocks to a stranger, simply because an authority figure told them to.

Similarly, in the Zimbardo Prison Study, participants took on the roles of guards and prisoners and quickly began to abuse their power and authority over the other group.

These studies demonstrate how easily individuals can be influenced by authority figures and how obedience to authority can override personal moral and ethical codes.

Therefore, it is important for individuals to be aware of this tendency and to question authority when necessary, especially in situations where the consequences could be harmful or unethical.

Building strong teams and linking performance to rewards can be helpful, but it is crucial to not lose sight of individual autonomy and the importance of questioning authority when necessary.The correct option is B.

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Why is it important for consumers to know the difference between a want and a need

Answers

Answer: So they don't waste their money on things they don't need.

Explanation: If consumers don't know the difference between a want and a need they will make poor decisions so it is highly important to distinguish the two.

The primary purpose of coinsurance in property insurance is to O reduce moral hazard. O achieve equity in rating. O minimize problems in settling claims. eliminate small losses.

Answers

The primary purpose of coinsurance in property insurance is to achieve equity in rating. Coinsurance requires policyholders to insure their property for a specified percentage of its value, ensuring that the insured value accurately reflects the property's worth.

This helps prevent underinsuring and promotes fair and equitable premiums based on the property's true value. It also encourages policyholders to accurately assess the value of their property and discourages them from deliberately undervaluing it to pay lower premiums, reducing moral hazard in the insurance system.

Coinsurance in property insurance serves the purpose of achieving equity in rating. Equity refers to a fair and balanced distribution of risks and premiums within the insurance system. Coinsurance requires policyholders to insure their property for a specific percentage, often a percentage of its full value. This ensures that the insured value accurately reflects the actual worth of the property. By doing so, it prevents policyholders from underinsuring their property, which could lead to inadequate coverage in the event of a loss. This mechanism promotes fair premiums based on the property's true value and helps maintain an equitable system for all policyholders.

Furthermore, coinsurance helps mitigate moral hazard in the insurance industry. Moral hazard refers to the tendency of individuals to take more risks or behave recklessly when they are protected by insurance. By requiring policyholders to accurately assess the value of their property and insure it accordingly, coinsurance discourages them from deliberately undervaluing their property to pay lower premiums. This discouragement reduces the chances of moral hazard, as policyholders have a financial stake in accurately valuing and protecting their property. in summary, coinsurance ensures that property is adequately insured and promotes fairness in premium calculations. It also helps mitigate moral hazard by incentivizing policyholders to accurately assess the value of their property.

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a special journal used to record only cash receipt transactions.
a.purchase invoice
b.purchase on account
c.cash payments
d.cash discount

Answers

The special journal used to record only cash receipt transactions Cash receipts journal

The special journal used to record only cash receipt transactions is the "cash receipts journal."

A. Purchase invoice is a document received from the supplier of goods or services indicating the quantity, price, and terms of the sale.

B. Purchase on account is a transaction in which the buyer does not pay for the goods or services at the time of purchase but is allowed to pay at a later date.

C. Cash payments journal is a special journal used to record only cash payment transactions.

D. Cash discount is a reduction in the amount of cash to be paid by a customer if payment is made within a specified period of time.

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April would like the part numbers to be in order with the highest number at the top of the table. She should _____. sort in ascending order conduct a query and set the criteria to <100 sort in descending order locate the highest part number and move it to the top

Answers

Answer:

sort in descending order

Explanation:

Descending order means arranging from the largest to the smallest. It can also imply organizing from the oldest to the youngest. When numbers are sorted out using the descending order, the largest numbers will appear and the top, while the smallest will be at the bottom. April should sort using the descending order.

Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called

Answers

Answer:

The appropriate answer is "License agreement".

Explanation:

A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.

i gtg see ya all HAhahaahahahahaah

Answers

.-.

uhhhh................

*triggered*

Answer:

byeee

Explanation:

Your networking contact list should be limited to family members.

Т
F

Answers

Answer:

Explanation:

RIGHT

Which quality is a requirement In order for a destination to become a tourism destination area (TDA)?

A. should be accessible by road
B. should be in a developed country
C. should have a unique feature
D. should have a moderate climate​

Answers

C, otherwise there is no reason to go
i think it would be a bit i’m not for sure yet

Before Pepsi-Cola stamped freshness dates on its cans, few consumers considered cola freshness an issue. After Pepsi spent about $25 million on advertising and promotion, a consumer survey found that 61 percent of cola drinkers thought it important. This is an example of using which attitude change strategy?

a. changing beliefs about the extent to which a brand has certain attributes

b. encouraging the consumer to use stimulus generalization

c. adding new attributes to the product

d. encouraging the consumer to use stimulus discrimination

Answers

Below are the complete options:

changing beliefs about the extent to which a brand has certain attributes

encouraging the consumer to use stimulus generalization

adding new attributes to the product

encouraging the consumer to use stimulus discrimination

changing the importance of attributes

Answer:

changing the importance of attributes

Explanation:

Freshness dates shows for how long a drink can be considered to not have expired. For example Pepsi can be considered to give freshness from 6-9 months after the date printed on the bottle.

Pepsi spent about $25 million on advertising and promotion related to freshness dates. Initially freshness dates were only seen as important by a few people.

This resulted in 61 percent of cola drinkers now thinking it is important.

This exemplifies how importance of a product's attribute can be changed

The minimum amount of money a credit card holder must pay to keep his or
her account in good standing is called the
A. billing cycle
B. finance charge
c. minimum monthly payment
O D. grace period

Answers

Answer:

Finance Charge.

Explanation:

Credit card is an instrument issued by the bank that allows the holder to buy goods and services in credit . In other words , it gives the holder loan opportunity that are repayable in the future.

The bank charges a finance charge or interest rate on the amount owed based on the annual percentage rate , the amount owed and the length of repayment period . This is paid until the balance is fully offset within the grace period.

why does ap fall slower than mp

Answers

AP falls slower than MP due to the law of diminishing returns.

The law of diminishing returns states that as one input factor is increased while all other factors are held constant, the overall output or productivity of the system will eventually decrease. This law can be observed in agricultural production, where the addition of extra workers or resources may increase the overall productivity of a farm, but only up to a certain point.

Once that point is reached, adding more workers or resources will result in a lower rate of return or productivity, eventually leading to a decrease in output. In terms of economics, the law of diminishing returns can be applied to the production of goods and services.

The average product (AP) and marginal product (MP) are two important concepts that are used to measure productivity in this context. The average product is the total output divided by the number of inputs, while the marginal product is the change in total output that results from adding one more unit of input.

As the law of diminishing returns takes effect, the marginal product of labor (MPL) eventually decreases. This means that as more and more labor is added to the production process, the overall productivity of the system will decrease.

However, the average product of labor (APL) will fall more slowly than the marginal product, since it takes into account the overall output, not just the additional output that results from one additional unit of input.

Therefore, AP falls slower than MP due to the fact that it is calculated as a ratio of total output to total input, while MP measures the change in output resulting from adding one more unit of input.

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The collection of interactions a company has with a customer who has already purchased a product is
called
When dealing with customers face-to-face, a good customer service technique is
to
When speaking with customers over the phone, it is important to be aware of
can change the meaning of what is said.

Answers

If the customer appears to be frustrated the company service agent should try to understand the situation and should be familiar with situation.

What is a customer service technique?

A good service technique is a face-to-face interaction, first listen, summarize the problems, and repeat one should try to get a detailed insight into the problem and understand the client's frustration they should remember to tackle the situation carefully. They should have patience, empathy, and other qualities.

What are three important technique of customer service?

Essentially, the three "p"s of professionalism, patience, and a "people-first" mindset are the three key components of good customer service. Although each customer's experience with customer care is unique, as long as you're adhering to these rules, you're on the right route.

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Answer:

The collection of interactions a company has with a customer who has already purchased a product is

called

✔ customer service

.

When dealing with customers face-to-face, a good customer service technique is

to

✔ maintain eye contact

.

When speaking with customers over the phone, it is important to be aware of

✔ tone of voice

because it can change the meaning of what is said.

Actually got it right.

Have a good one!

harmful substances which contaminate water are collectively called​

Answers

Answer:

Ground Water Contamination

Explanation:

I'll be honest I'm not 100% sure.

Sharing information with others is an effective reason to schedule a meeting. Group of answer choices True False

Answers

Answer:

Your answer would be True.

Explanation:

By emphasising productivity and efficiency, what have service output measures tended to ignore?
Group of answer choices
qualitative measures
ratio of output-to-input
quality of individual experiences
quantitative measures
the aggregate of experiences

Answers

By emphasizing the productivity as well as efficiency, service output measures have tend to ignore the quality of individual experiences. Option C is correct.

While productivity and efficiency focus on quantifiable measures such as output-to-input ratios and aggregate output, they often overlook the qualitative aspects of service delivery. Service industries, by nature, involve interactions and experiences between service providers and customers. These experiences encompass factors like customer satisfaction, personalized attention, responsiveness, and the overall quality of service.

Measuring service output solely based on quantitative metrics can neglect the subjective and nuanced aspects of customer experiences. Therefore, qualitative measures that capture the quality of individual experiences are important to fully understand and evaluate the effectiveness of service delivery.

Hence, C. is the correct option.

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--The given question is incomplete, the complete question is

"By emphasizing productivity and efficiency, what have service output measures tended to ignore? Group of answer choices A) qualitative measures B) ratio of output-to-input C) quality of individual experiences D) quantitative measures E) the aggregate of experiences

Max paid $24.05 for 7.4 gallons of gas. he wants to calculate the cost of each gallon of gas. max started his calculations by multiplying the divisor and the dividend by 10. he then set up this division problem: 240.5 divided by 74 how much did max pay for each gallon of gas? $0.0325 $0.325 $3.25 $32.50

Answers

Max will pay for each gallon = $ 3.25  ,correct answer is $ 3.25 ,i.e. option C

Max will pay for each gallon of gas :

$240.5 divided by 74 = 3.25

What is divisor and dividend in multiplication?

It is defined as the number which is getting divided here is called the dividend. The number which divides a given number is the divisor. And the number which we get as a result is called as the quotient

Simplification of the condition :

Based on the given condition let's formulate

24.05 ÷ 7.4

Multiply both the numerator and denominator with the same integer:

                             =     \(\frac{2405}{740}\)

 Cross out the common factor: \(\frac{13}{4}\)

Get the result , about how much Max will pay for each gallon of gas = $3.25    

How does one do multiplication division?

When we divide fractions, we really turn the division problem into a multiplication problem by turning the divisor (the second fraction) the wrong way up (switching its numerator with its denominator) and changing the division sign to a multiplication sign at the present time

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Answer: it is C brain list

Explanation:

i m smart i be work hard to get one

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