Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
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Answer:
Break-even point= 4,216 units
Explanation:
Giving the following information:
Boland Company sells a product that is priced at $30 per unit. The per-unit contribution margin is equal to 15 percent of the sales price. The fixed cost amount to $71,500 and the company has the desired profit of $36,500.
To calculate the number of units, we need to use the break-even point formula:
Break-even point= (fixed costs + desired profit) / contribution margin
Break-even point= (71,500 + 36,000) / (30*0.85)= 107,500/25.5
Break-even point= 4,216 units
Answer: a. Brands enhance loyalty.
Explanation:
Brands enhance loyalty because people are more likely to identify with a symbol than with something that has a general identity. When a company has a brand therefore, it will enhance the loyalty of its consumers as they look to identify with that brand.
Take Adidas for instance, the three stripes logo is so iconic that people can sometimes have entire wardrobes of Adidas apparel to show those three stripes off and show that they identify with it. This is the benefit that Nancy stands to gain with branding.
Retirement planning should include determining time horizons, estimating expenses, calculating required after-tax returns, assessing risk tolerance, and doing estate planning. Start planning for retirement as soon as you can to take advantage of the power of compounding.
Planning for retirement is making preparations for your future so that you can continue to achieve all of your objectives and desires on your own. Setting your retirement goals, calculating how much money you will require, and making investments to increase your retirement savings are all included in this. Every retirement strategy is different.
Planning for retirement is crucial because it might prevent you from running out of money in later life. Your strategy can assist you in determining the rate of return you require on your assets, the appropriate level of risk, and the maximum amount of income you can safely draw from your portfolio.
Learn more about Planning for retirement here
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Navy blue and gold are the official colors of the FBLA. Hope this helps!