Answer:
Break-even point dollars
= <u>Fixed cost</u>
Contribution margin ratio
= <u>$12,600</u>
0.73
= $17,260
Contribution per unit = Selling price - Variable cost per unit
= $45 - $12
= $33
Contribution margin ratio = <u>Contribution per unit</u>
Selling price per unit
= <u>$33</u>
$45
= 0.73
Explanation:
In this case, we need to calculate contribution per unit, which is selling price minus variable cost per unit. Then, we will determine the contribution margin ratio, which is contribution per unit divided by selling price. Finally, we will determine the break-even sales in dollars, which is fixed cost divided by contribution margin ratio.
Answer: Sensing; intuition
Explanation:
Compton applies sensing for his trading; he reads the market, the previous events, loss and gains, and from the proceeds he understands what to do when carrying out his trade.
Lula does her trading based on speculation, she sees the market and those thorough thinking on what needs to be done to carry out her trade.
Myers-Briggs Type Indicator, Compton is using the sensing method while Lula uses the intuition method.
Answer: ($90,500)
Explanation:
The Cashflow to Creditors helps a company identify just how much cash was paid to creditors in a period.
The formula is,
Cash flow to creditors = Interest paid – (long term debt at the end – long term date at the beginning)
The ending balance in 2015 which will be the opening balance in 2016 is $1,405,000.
The Ending balance in 2016 is $1,590,000.
The Cash Flow to Creditors is therefore,
Cash flow to creditors during 2016 = 94,500 - ( 1,590,000 - 1,405,000)
= - $90,500
The limits of the terms of trade are determined by the comparative cost conditions in each country before trade:
Less commerce occurs as a result of partial specialization and rising costs than when costs are constant. The cost advantage one country has over another serves as the foundation for commerce. This explains why some countries make things that they also import since they are able to do so for less money than their trading partners.
What is comparative cost ?
Comparative costs refers to comparing, using a comparative costs approach, the costs of signing into a privatized contract to the expenses of the state maintaining to provide the services that are the subject of the contract.
Therefore,
Less commerce occurs as a result of partial specialization and rising costs than when costs are constant. The cost advantage one country has over another serves as the foundation for commerce. This explains why some countries make things that they also import since they are able to do so for less money than their trading partners.
To learn more about comparative cost from the given link:
brainly.com/question/8141905