Answer:
B. the excess of sales over the break-even volume of sales.
Explanation:
The formula to compute the margin of safety is shown below:
The margin of safety = Expected sales - break-even sales
where,
Expected sales = Selling price per unit × Unit sales
And, the break-even sales equal to
= (Fixed cost) ÷ (Contribution margin Ratio)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
Answer:
$107
Explanation:
Total cost = Fixed cost + variable cost
(16.50 + $2.50 ) × 5= $95
$95 +$12 = $107
I hope my answer helps you
Answer:
Option (C) is correct.
Explanation:
Real GDP of a particular nation indicates the exact economic growth in a nation. It measures the economic output of a nation after adjusted for all the changes occured in the price level. Real GDP is more accurate and useful in defining the economic growth of a nation as compared to the nominal GDP because real GDP takes into the effect of inflation and deflation.
Answer:
I agree with him since liability insurance covers the policy holder against legal claims (law suits) due to personal injuries or damages caused to other people or their properties.
Generally people or businesses exposed to higher risks are covered by policies with high amounts, e.g. a manufacturer of any type of product (or really any type of business, even services), a doctor or more commonly anyone who has a car.
Since this is a homeowners policy, then a low limit should be sufficient. Just think a¿bout it, how can your house damage someone else? Maybe a neighbor or someone else visiting you slips and suffers an injury, but the possibility of the harm being serious is very low. If this included a car insurance policy, then you could request a higher amount, but not for a house.
