Answer:
i dont now you have to geve me more infoemation sorry
Product design and choices of location are examples of STRATEGIC decisions
Answer: 87.5%
Explanation:
Value of a Customer = Margin * Retention rate / (1 + Annual discount rate - Retention rate)
We shall assume a margin of 1 so no need to include it:
= 75% / ( 1 + 5% - 75%)
= 2.5
This value needs to double so assume the retention rate to double this is x and use the formula above to find it:
5 = x / (1 + 5% - x)
5 * (1 + 5% - x) = x
5 + 0.25 - 5x = x
5.25 = 5x+ x
6x = 5.25
x = 5.25 / 6
x = 87.5%
Answer:
Contribution per unit is $30 while contribution margin ratio is 40%
Explanation:
The contribution margin ration is derived with the below formula:
contribution margin ratio=margin/sales price
Margin=selling price-variable cost
Margin=$75-$45
Margin=$30
Contribution margin ratio=$30/$75
Contribution margin ration=40%
The contribution determines the to which the company can recover its fixed costs as well as make profits.
The contribution margin ratio shows margin as a percentage of sales price.A contribution margin ratio of 40% implies that variable cost is 60% of selling price,hence the balance of 40% is available to settle fixed costs and profit
Answer:
The average product of the 51st worker is 18.14.
Explanation:
The average product per worker is calculated by dividing total output with number of worker.s This problem asks us to tell average product per worker if output is 925 chairs and total number of workers are 51.
So
average product = Total chairs produce/number of workers
= 925/51
= 18,14 chairs
