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4 years ago

Viability of relevancy of insurance products sold to business and individual

1 answer:

5 0

It's not enough details and I can't get what exactly you need. I guess you want to know what is viability of relevancy of insurance products. So it's very good thing that can save your business if you keep a factory that produces specific things from instant disasters.

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Nofly corporation sells three different models of a mosquito "zapper." model a12 sells for $50 and has variable costs of $35. mo

Vsevolod [243]

The first step you need to do to solve this problem is to calculate the contribution margin per unit for each model:

Model a12 b22 c124

Sales Price per unit 50 100 400

Less: Variable Cost per unit 35 70 300

Contribution Margin per unit 15 30 100

The next step is to calculate the weighted-average contribution margin per unit for the sales mix using the following formula:

Model a12 CM per Unit × Model a12 Sales Mix Percentage
+ Model b22 CM per Unit × Model b22 Sales Mix Percentage
+ Model c124 CM per Unit × Model c124 Sales Mix Percentage
= Weighted Average Unit Contribution Margin (WACM)

Contribution Margin per unit 15 30 100

X Sales Mix Percentage 60% 15% 25%

WACM 9 4.5 25

Weighted Average Unit Contribution Margin (sum) 38.5

The next step is to find the break-even point using the WACM.

Total Fixed Cost $269,500 ÷ Weighted Average CM per Unit $38.50 Break-even Point in Units of Sales Mix 7,000

The next step is to calculate the number of units of each model at break-even point

Model a12 b22 c124 Sales Mix Ratio 60% 15% 25% × Total Break-even Units 7,000 7,000 7,000 Product Units at Break-even Point 4,200 1,050 1,750

7 0

3 years ago

In economic theory, demand refers to the various amounts of goods or services that consumers are willing to buy over a specified

scoray [572]

Simply said, demand is the amount of a good or service that consumers are willing and able to purchase at a specific price within a specific time frame. In an economy, people purchase commodities and services to fulfil their needs for things like food, medical care, clothing, entertainment, shelter, etc.

One of the fundamental concepts in microeconomics is the notion of demand. It seeks to address fundamental issues such as how desperately people desire goods and how pleasure and income levels affect demand (utility). Companies change the supply they offer and the pricing they charge based on how useful consumers view the commodities and services to be.

To learn more about demand, click here.

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4 0

2 years ago

How can exchange rates change to reduce the wage differential between countries

andrey2020 [161]

Answer:

The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.

Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.

Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.

4 0

3 years ago

Evaluating manager's performance on financial measures only has

Pani-rosa [81]

It is to be noted that when evaluating a manager's performance on financial measures there are some limitations. Hence, companies should consider measures nonfinancial to help evaluate manager performance.

Since Desktop Computer Company would like to calculate their cash conversion cycle, the factors included in computing this metric are:

days' sales in accounts receivable
days' sales in accounts payable (aka days payables outstanding)
days' sales in inventory.

<h3>What is Performance evaluation?</h3>

A performance assessment, also known as a performance review, performance evaluation, development talk, or employee appraisal, is a periodic and systematic procedure that documents and evaluates an employee's work performance.

The significance of successful performance evaluations is that they enable managers to provide fair and actionable feedback to their direct subordinates. This may boost employee engagement by providing significant praise and encouragement, as well as creating clear avenues for employee progress that are based on responsibility.

Learn more about performance evaluation:
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4 0

1 year ago

Miller Fruit wants to expand its citrus grove operations. The firm estimates that it needs $8.6 million to buy land and establis

Strike441 [17]

Answer: 2.51

Explanation:

First, we calculate the number of shares that will be issued in order to raise $8.6 million at $40 a share. This will be:

= $8.6 million / $40

= 215,000

Since the firm currently has 540,000 shares of stock outstanding, the number of rights that a shareholder will need to purchase one new share of stock in this offering will be:

= 540,000 / 215,000

= 2.51

7 0

3 years ago