Answer:
Results are below.
Explanation:
Giving the following information:
Sales $382,500 (units 5,100 $75 per unit)
variable costs $245,000 (48.04 per unit)
fixed costs $98,000.
Option 1:
Increase selling price by 16%.
New selling price= 75*1.16= 87
Sales= 5,100*87= 443,700
variable costs= (245,000)
fixed costs= (98,000)
Net income= 100,700
2. Reduce variable costs to 59% of sales.
Contribution margin= (382,500*0.41)= 156,825
fixed costs= (98,000)
Net income= 58,825
T<u>he most profitable option is the first one.</u>
Answer:
Which of the following is true of online "member communities"?
a. More than 90% of the online population visits such communities.
b. Such sites are only accessible from desktop computers.
c. Membership in member communities is growing faster than e-mail.
d. Membership in member communities is declining.
Explanation:
It is true that more than 90% of the online population visits online 'member communities', since they have become a necessity in today's business world. People can interact with others and share their experiences with each other.
Answer:
Price floor.
Explanation:
Price floor is perfect fit in the scenario given. As price floor is the legal minimum price fixed by government to protect the right of labor or work force from getting expolited at lower price, which will not fulfill the basic need of labor. It vary according to the region or place, such as rural or urban, depending on the cost of living in the region. It help the economy to have growth with equity.
Answer:
Something that is not an example of a financial transaction is a man throwing a pack of gum at a giraffe. You did not give any options, so this is the only answer I can give you.
Explanation:
Hope this helps :)
<h2>Let us understand the definition to shoot the question for better understanding.</h2>
Explanation:
Sole Proprietorship:
- Owned by single person
- One person responsible for liable and business
- Simple to form
- Nominal cost
Corporations:
- Legal entities
- Shared by shareholders
- More complex type
- Used for large business
Partnership:
- Shared by two or more people
- Types :general partnerships, limited partnerships, joint ventures
Questions: (reason not required as you can self-understand)
- Are you going to own by oneself or shared?
- Can you manage if you own with oneself?
- What is your budget?
- Do you want to make simple legal procedures?
- Which type of partnership you prefer?
- Do you now the "pros and cons" of each one?
