A. You have to know how much risk you are willing to take in order to figure out what sort of investments will fit your needs.
b-d are not only wrong, but very poor strategies in general.
Answer:
$36,070
Explanation:
Given that,
Contribution margin ratio = 61%
Fixed monthly expenses = $47,500
sales = $137,000
Contribution margin:
= Sales × Contribution margin ratio
= $137,000 × 61%
= $83,570
Net income = Contribution margin - Fixed monthly expenses
= $83,570 - $47,500
= $36,070
Therefore, the best estimate of the company's net operating income in a month is $36,070.
Answer:
May; cannot do anything
Explanation:
In the short run, the aggregate supply curve will react to price level, which means it is upward sloping rather than vertical. If the price level increases, quantity supplied will increase. If the price level decreases, the quantity supplied will decrease.
Answer:
<u>B.</u><u> It contains tables with fields that are associated with one another.</u>
<em>Why the other choices are wrong</em>
C and D are wrong because a relational database is a database that contains tables with fields that are associated with one another. D is wrong because it is a feature that is used to add queries to tables.
<em>Further explanation of concepts:</em>
What is a relational database?
A relational database is a database that stores data in the form of tables. The tables are then linked together by relationships. This makes it easy to access data in the database and to create new relationships between data.
What are queries?
Queries are how you search for and manipulate data in a relational database. Queries can be used to find specific data, to update data, or to delete data.
Answer:
The correct answer is C. Loss occurs.
Explanation:
If the contribution margin is not sufficient to cover fixed expenses:
The contribution margin is calculated by deducting from sales the variable components. <u>Unless the selling price is lower than unitary variable costs, contribution margin will never be negative.</u>
When the contribution margin is lower than fixed costs, the company incurs on a loss.