Answer:
ROI in dollar amount = $15
ROI in percentage = 15%
Explanation:
Given:
Initial investment = $100
Sale value = $115
Find:
ROI in dollar amount
ROI in percentage
Computation:
⇒ ROI in dollar amount = Sale value - Initial investment
ROI in dollar amount = $115 - $100
ROI in dollar amount = $15
⇒ ROI in percentage = [ROI in dollar amount / Initial investment]100
ROI in percentage = [$15 / $100]100
ROI in percentage = 15%
Answer:
Option C) Medoc Company's Break Even Point is 34,100 Units
Explanation:
Break Even point is defined as the level of activity or production at which the company's Total Sales Revenue is equal to its total expenses. In other words, Break Even Point is No Profit, No Loss Point.
Break Even Point in Units = Total Fixed Costs ÷ Contribution Per Unit
where:
Contribution per unit = Selling Price per unit - Variable Costs per Unit
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<u>Calculations:</u>
Contribution per Unit = $6.30 - $4.55 = $1.75
Break Even Point in Units = $59,675 ÷ $1.75
Break Even Point in Units = 34,100 Units
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The problem with this survey is: <span>The sample is too small so it is a flawed sampling method
The survey with this kind of small number often does not represent the truth of the general recipients simply because it does not leave enough room for margin of errors.
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Answer:
B. each customer's reservation price.
Explanation:
Reservation price is the highest amount a buyer would be willing to pay for a good or service.
I hope my answer helps you
