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2 years ago

Which of the following is a coverage that is broad because it can cover personal as well as commercial entities

1 answer:

6 0

<u>Specialized Coverage</u> is a coverage that is broad because it can cover personal as well as commercial entities.

A commercial is an advertisement for a business. Commercial activity is selling goods or services for profit. There's also commercial trading in the forward and futures markets, generally done for heading purposes.

Commercial is defined as a paid advertisement. An example of a commercial is an advertisement for soda or cereal. Commercial use is a legal term that defines the use of certain merchandise, tools or intellectual property for financial gain.

A business can use anything labeled for commercial use for its purposes, including resale, production of other goods and tools, and marketing. Commercial means involving or relating to the buying and selling of goods. In its heyday, the city was a major center of industrial and commercial activity.

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Which career advancement tool serves as a collection of various aspects related to your professional life?

Digiron [165]

Answer:

Career portfolio

Explanation:

8 0

3 years ago

The Express Meal has two restaurants that are open 24 hours a day. Fixed costs for the two restaurants together total $ 451 comm

KonstantinChe [14]

Answer:

(1) $1,230,000

(2) 110,000 customers

Explanation:

Given that,

Fixed cost = $451,000 per year

Average sales check per customer = $ 8.20

Average cost of food and other variable costs for each customer = $ 4.10

Income tax rate = 30%

Target net income = $114,800

(1) Contribution margin ratio:

= (Selling price - Variable price) ÷ Selling price

= ($ 8.20 - $ 4.10) ÷ $ 8.20

= 0.5

Income before tax:

= Net income ÷ (1 - Tax rate)

= $114,800 ÷ (1 - 0.3)

= $164,000

Desired revenue (dollars):

= (Fixed cost + Income before tax) ÷ Contribution margin ratio

= ($451,000 + $164,000) ÷ 0.5

= $1,230,000

(2) Customers are needed to break even:

= Fixed cost ÷ contribution per unit

= $451,000 ÷ ($8.20 - $4.10)

= $451,000 ÷ $4.10

= 110,000 customers

8 0

3 years ago

Differentiate between generic and enterprise competition

Valentin [98]

Answer:

Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.

6 0

4 years ago

When establishing criteria to measure the success of a customer-oriented business, managers should:?

gavmur [86]

<span>Managers should conduct a 360 evaluation of staff performance. This includes gathering feedback from suppliers, customers, and other employees. Customer surveys, with an incentive, are an effective way to measure success and gather target feedback. A key performance indicator for this type of business is customer retention.</span>

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3 years ago

Megamart, a retailer of consumer goods, provides the following information on two of its departments (each considered an investm

Effectus [21]

Answer:

Investment Center Sales Income Average

Invested Assets

Electronics 45,000,000 3,420,000 18,000,000

Sporting goods 25,200,000 2,520,000 14,000,000

Profit Margin

Profit Margin= Net Income / Sales

- Electronics = 3,420,000 / 45,000,000 = 7.60%

- Sporting Goods = 2,520,000 / 25,200,000 = 10.00%

From this, sporting goods generate the most income per dollar of sale.

Investment Turnover

Investment Turnover = Sale / Average Assets

- Electronics = 45,000,000 / 18,000,000 = 2.5

- Sporting Goods = 25,200,000 / 14,000,000 = 1.8

From this, Electronics is most efficient in driving sale per dollar of investment.

6 0

3 years ago