Based on the scenario above, Mason is likely to be the
general manager. It is because he helps people in different departments in
regards of specific tasks in which a general manager would do, while Julio is
considered to be a functional manager because he makes sure that everyone in
his department has the skills and training in which a functional manager is
responsible of.
Answer:
1. $50 and 40%
2. 177 units and $22,125
3. 473 units and 72.77%
Explanation:
Price = $125
Variable cost = $75
Fixed cost =$8,850
Contribution margin is the net of sales price and variable cost of the product. It is the cost available to recover the fixed cost and make profit afterward.
1. Contribution margin = Sales price - Variable cost = $125 - $75 = $50
Contribution margin ratio = Contribution margin / Sale price = $50 / $125 = 40%
Break-even is the level of sales at which business has no profit no loss situation.
2. Break-even point = Fixed cost / Contribution margin per unit = $8,850 / $50 = 177 units
Break-even in $ = 177 units x $125 = $22,125
Margin of safety is the level of sales at which the business is safe from making loss. Margin of safety measures the profit after the break-even point.
3. Margin of Safety = Total sales - Break-even point = 650 units - 177 units = 473 units
Margin of safety to sales = ( Margin of safety / Total sales ) = ( 473 units / 650 units ) x 100 = 72.77%
Based on the information given, the corporate bond will be recommended for Mr. Brown while the municipal bond will be recommended for Mr Black.
<u>Mr Brown:</u>
The after-yield tax on corporate bonds will be:
= Before tax yield × (1 - tax rate)
= 4% × (1 - 0.10)
= 3.60%
After tax yield on municipal bond will be:
= 3.5% × 1 = 3.5%
The corporate bond is recommended.
For <u>Mr. Black</u>
The after-yield tax on corporate bonds will be:
= 4% × (1 - 0.35)
= 2.60%
The after-yield tax on municipal bonds will be:
= 3.5% × 1
= 3.5%
Therefore, the municipal bond is recommended.
Red related link on:
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23 is the answer because perfect square is between 20 and 30 is 25 and since the number is prime is has to be 23.
The <u>Wagner act</u>, which prohibited employers from using unfair labor practices, declared that the official policy of the u.s. government was to encourage collective bargaining.
<h3><u>What is the Wagner Act?</u></h3>
The Wagner Act, officially known as the National Labor Relations Act of 1935, is the most significant labor law passed in the United States during the 20th century. Its principal goal was to make it lawful for most workers—with the notable exception of domestic and agricultural workers—to form or join labor unions and engage in collective bargaining with their employers.
The Wagner Act, sponsored by New York's Democratic senator Robert F. Wagner, made the federal government the exclusive arbiter and regulator of labor relations. It established the National Labor Relations Board (NLRB), a permanent body of three members (later expanded to five), with the authority to hear and decide labor disputes through quasi-judicial processes.
Learn more about the Wagner act with the help of the given link:
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