A manager's operation had sales this period of $89,775. last period sales were $85,500. So the manager's percentage sales increase for this period when compared to last period was 5% .
The percentage increase is the measure of the percentage change. The percentage increase is defined as the ratio of increased value to the original value and then multiplied by 100. Here the increased value can be calculated by taking the difference between the final value and the initial value. The formula to calculate increase is given by -
Percentage Increase = [(Final value – Original value) × 100] / Original value %
In this case, original value is $85500 and the final value is $89775, then the percentage increase is:
Percentage Increase = [(89775-85500) ×100]/85500
= 427500/85500
= 5%
So, the percentage increase will be 5% .
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Type of employment, indicator for chronic illness, drug, or alcohol use these variables are likely useful to add to the regression to control for important omitted variables.
What is sleep pattern?
The word sleep pattern, commonly referred to as a sleep-wake pattern, refers to a person's schedule for going to bed and getting up as well as their napping habits. The frequency and length of sleep disruptions may also be part of the sleep pattern.
Type of employment, Chronic illness and drug/alcohol use they ought to be included in regression since they disturb sleep patterns.
As a result, option (a) Type of employment. (b) Indicator for chronic illness. (c) Drug or alcohol use is correct.
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I think it would be better if you provided some options to choose. But I think, I know the answer. I think it's one of practice innovative strategies.
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Answer:
The correct option is D,cannot be determined from the data provided
Explanation:
Break-even points in units=fixed costs/contribution margin per unit
Contribution margin per unit =selling price -variable cost
In other words, from the scenario, it is clear that the numerator fixed costs has increased and also a reduction in variable cost per unit implies an increase in contribution margin per unit since a lesser variable cost is being deducted from selling price.
The impact of both increases in fixed costs and contribution margin cannot be determined except if more details is provided which will give further guidance regarding which of the two increased at a higher rate compared to the other.
