Answer:
$175,000
Explanation:
Calculation to determine what The break-even point in dollar sales for the Retail segment equals:
Using this formula
Break-even point in dollar sales =Traceable fixed expenses/Contribution margin ratio
Let plug in the formula
Break-even point in dollar sales =$70,000 / 40% Break-even point in dollar sales = $175,000
Therefore The break-even point in dollar sales for the Retail segment equals:$175,000
Answer:
a. Guarantee to repay the debt of another firm that is solvent and profitable (the interest rate of the debt was not reduced due to the guarantee).
Explanation:
According to the rules of full disclosure, the company is to disclose facts about all transactions or contracts that impact and business. For example of a business is most likely to go out of business because of an unfavourable court ruling, this information must be disclosed in the companie's financial statement. If however the activity will not impact the business there is no need to disclose.
In this instance the guarantee need not be disclosed since the guarantee is to repay debt of a company that is solvent and profitable. The chances that the guarantee will become enforceable is very slim.
Also the interest rate of the debt was not reduced due to the guarantee. So there is no financial impact on the business.
Answer:
The correct option is B,using-protection-as-a-bargaining-chip argument
Explanation:
Using protection-as-a-bargaining-chip argument is a retaliatory strategy used in international trade where a country that is at the receiving end of a trade restriction such as tariff imposition attempts to impose or imposes similar restriction on a trading partner in order that the trading partner can relax their restrictions or lead both trading partners to begin another round of discussion.
Specifically, the suggestion made the congressman as highlighted is one of the ways to use protection-as-a-bargaining-chip argument
I think the most appropriate answer would be B.
I hope it helped you!
