Eric paid $21,207 for a semester's tuition at the local university. He bought tuition Insurance at a cost of 1% of that

The following information pertains to the Flying Fig Corporation: Total Units for information given 7 comma 000 Fixed Cost per

kirill115 [55]

Answer:

Break-even point= 3429 units

Explanation:

Giving the following information:

Total Units for information given 7,000.

Fixed Cost per Unit $150

Selling Price per Unit $ 475

Variable Costs per Unit $125

Target Operating Income $ 150,000

Break-even point= fixed costs/ contribution margin

Break-even point= (150*7000 + 150,000) / (475 - 125)= 3429 units

8 0

3 years ago

Thomas Engel contributed equipment, inventory, and $45,000 cash to a partnership. The equipment had a book value of $25,000 and

Troyanec [42]

Answer:

Thomas capital

Equipment $30,000

Inventory 25,000

Cash <u> 45,000</u>

Total <u> 100,000</u>

Explanation:

Equipment : thebook value is $25,000 while the market value is $30,000. the market value of the equipment will be used.

Inventory : the book value is $50,000 while the market value is $25,000. As a result of obsolescence, the inventory will be value at lower of cost and net realizable value(IAS2). therefore, $25,000 will be recognized for the inventory in the determination of Thomas capital

Cash: there is no changes in cash contributed.

5 0

3 years ago

Read 2 more answers

When a firm uses K units of capital and L units of labor, it can produce Q units of output with the production function Q = K√L.

DanielleElmas [232]

Answer:

$STC = 20K + 25L = 20*5 + 25*[\frac{Q^2}{25}] = 100 + Q^2$

Explanation:

We are given:

K units of capital and L units of labor.

•Each unit of capital cost = 20

• Each unit of labor cost =25

• Level K is fixed at 5 units

We are told production function Q = K√L

Using the production functions and the values given, we can get that Q=5√L.

To find Q, the amount of labor will be given as:

$L = \frac{Q^2}{25}$

Therefore, the Short run total cost function (STC) will be:

$20K + 25L = 20*5 + 25[\frac{Q^2}{25}] = 100 + Q^2$

7 0

3 years ago

In what way is becoming a global organization advantageous to a company? managers are presented with fewer challenges in the glo

andrey2020 [161]

Becoming a global organization, means that more for a company many more shares can be issued and bought hence large sums of capital can be raised.Not to mention the increased market share .

4 0

3 years ago

According to a recent survey conducted by Bain & Company, which management tool or technique is most popular in global organ

marysya [2.9K]

Answer:

Customer relationship management

Explanation:

Customer relationship management refers to managing the relation with the customer by providing them an excellent quantity of products and services which are to be unique so that it became easy for attract the customer also the firm could gain the competitive advantage.

In the recent survey, it is mentioned that 67% of executives said that the customers are not loyal to their brand also with the help of the internet, it became easy for the customers and the future customers to make the comparision with regard to the prices that enables the firm to increase the price at the same time the firm also balance the market share

So the customer relationship management is the answer

3 0

4 years ago