Answer:
Product X Product Y
Required labor time per unit 2 3
Maximum demand 6,000 8,000
Contribution margin p/ labor hour $2.50 $2.00
Contributiom margin per unit $5 $6
Labor hours available 27,000
Production 6,000 5,000
Required labor hours 12,000 15,000
Total contribution margin $30,000 $30,000
Answer:
D
Explanation:
Outsourcing refers to a practice where a firm seeks out an external party to provide services that would have otherwise been provided by staff of the firm. Here a customer assistance center in India is contracted. One of the advantages of outsourcing is that it results in cost savings.
However, confidentiality of company information could be compromised via outsourcing, and competitors could have access to trade secrets of such firms.
Answer:
D) Recognition of a need
Explanation:
The 5 stages of the buying process are:
- problem recognition (or recognition of a need): this is the first stage of the buying process. At this stage the buyer realizes that he/she has an unsatisfied need or want. The buyer will try to change his current state by satisfying his/her need.
- information search
- evaluation of alternatives
- purchase decision
- post purchase behavior
<span>Yes, because i now know that i shouldn't just charge every things i buy on a credit card and should only buy something if i have the cash.
If i'm forcing myself to buy something with the money that i don't have, i will only stacking up my debts and will restrict my financial situation which will prevent me from growing my assets</span>
Answer:
Apollo's return on equity is 38.17%
Explanation:
The formula to compute the return on equity is shown below:
Return on equity = Net income ÷ total equity
where,
Net income = $50,000
And, the total equity is
= Common stock + retained earnings
= $10,000 + $121,000
= $131,000
Now put these values to the above formula
So, the value would equal to
= $50,000 ÷ $131,000
= 38.17%