The sale of insurance without a license without misappropriating funds is a class 4 felony that attracts a fine up $5,000 and 5 years imprisonment. This is in accordance with Illinois Laws Regulations.

5 0

3 years ago

When an organization has a diverse set of employees that can provide insight and cultural sensitivity, this should improve the c

Alchen [17]

Answer:

Higher Creativity in Decision Making due to diversity and understanding of the environment in which it operates.

Explanation:

The reason is that the diversity brings access to great pool of hidden resources which we can utilize in a number of ways. People are observer and can play a vital role in the designing of strategic stance of the company. This strategy will influence company's financial position in future. So diversity helps in understanding of environment (environmental analysis) and informed decision making.

7 0

2 years ago

Raven Company has a target of earning $70,000 pre-tax income. The contribution margin ratio is 30%. What amount of dollar sales

victus00 [196]

Answer:

Target dollar sales = $353,333

Explanation:

First we need to find out how much contribution do we need to get a profit of 70,000.

Profit= Contribution - Fixed cost.

70,000=Contribution-36,000

70,000+36,000=106,000

Contribution= 106,000

Now in order to find the sales we will use the formula

Target Sales= Contribution/Contribution margin

Contribution = 106,000

Contribution margin =30%=0.3

Input the values into the formula

106,000/0.3=353,333.333

6 0

3 years ago