Answer:
$38.
Explanation:
Management perform Cost, Volume, and Profit (CVP) analysis to calculate break-even points, set target costs, and to set target profits. It helps them in formulating strategies effectively, reducing costs to generate maximum profit, and to utilize resources efficiently.
As we know that profit is the difference between sales and costs. So, the target cost can easily be calculated by re-arranging the profit equation which is given below;
Profit = Sales - Total Cost
⇒ Total / Target Cost = Sales - Profit
Simply put the figures in the above equation and it gives you;
Target cost = 53 - 15 = $38 OR 72% (38 / 53).
Note: It is more appropriate to state target profit on percentage basis. Here the percentage of target cost is 72%.
Answer:
The correct words for the blank spaces are: straight bio; narrative bio.
Explanation:
Straight biographies relate objective, factual events of an individual. Using this approach the relevant information of that person over a certain topic is provided moreover when there is an intention of remarking a special prize or responsibility that person was given. On the other hand, narrative bio implements subjective opinions about one individual including memories of that person to make the audience have an idea of why the author of the article thinks in such a way of that person.
Then, <em>when announcing an individual who has recently been assigned an important managerial charge, it is more suitable to use the straight bio rather than the narrative bio to show the person earned that position by merit and not preference.</em>
The scenario described above is a third party endorsement. It is a third party endorsement because, the original marker of the check, that is, Tina, signed the check over to someone else who has the choice whether to deposit it or cash it at bank.