Englehart Inc

question 85

Essay

Englehart Inc. reports the following operating results for the month of August: Sales $450000 (units 5000); variable costs $280000; and fixed costs $115000. Management is considering the following independent courses of action to increase net income.
1. Increase selling price by 10% with no change in total variable costs.
2. Reduce variable costs to 65% of sales.
3. Reduce fixed costs by $15000.
Instructions
Compute the net income to be earned under each alternative. Which course of action will produce the highest net income?

Identify the consequences for violating antitrust laws, including criminal penalties and civil actions.

Familiarize with the concept of per se illegal practices and the rule of reason in antitrust law.

Recognize the impact of antitrust laws on international businesses and foreign companies' conduct.

Understand the current landscape of gender distribution across different fields of study in Canadian higher education.

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Definitions:

Workforce Competencies

The range of skills, knowledge, and abilities required for employees to perform tasks and roles effectively within an organization.

High-Performance Work System (HPWS)

An organizational approach combining employee involvement, technology, and managerial practices to enhance performance and competitiveness.

Organizational Citizenship Behavior

Voluntary actions performed by employees that are not part of their formal job requirements but contribute to the overall effectiveness of the organization.

Volunteered

The act of offering services or providing help without compensation or expectation of personal gain.