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disa [49]
3 years ago
15

Scott Incorporated has been in business for several months. Because of increased competition in the region for part​ adapters, t

he managers at Scott Incorporated is considering cutting sales price from $ 27 per adapter to $ 24 per adapter. New sales price per poster $ 24 Variable price per adapter $ 17 New contribution margin per adapter $ 7 If the variable expenses remain at $ 17 per adapter and the fixed expenses remain at $ 6,000​, how many adapters will the managers need to sell to break​ even? Compute the breakeven sales in units.
Business
1 answer:
dalvyx [7]3 years ago
5 0

Answer:

Break even units = 858 adapters.

Explanation:

Revised selling price = $24 per adapter

Variable cost = $17 per adapter

Contribution per adapter = $24 - $17 = $7

Provided fixed cost = $6,000

Break even point in units = \frac{Fixed Cost}{Contribution per unit}

= $6,000/$7 = 857.14

Since the unit cannot be rounded off downwards, we have

Final Answer

Break even units = 858 adapters.

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Sherry is known for being very task oriented in her approach to manage subordinates. Which at the following statement is noot li
Furkat [3]

Answer:

a. She tends to work to develop trusting relationships with subordinates.

Explanation:

since in the given situation it is mentioned that sherry to be called as the very task oriented person in order to manage the subordinates so as per the given situation the first option is correct as it is not describe her behavior that she develop the relationship with the subordinates in a trust worthy way

So the option a is correct

6 0
2 years ago
Firm A has earnings-per-share of $3.00. Firm B has earnings-per-share of $2 and a price-per-share of $30. Using the Price/Earnin
stealth61 [152]

Answer:

Company A's price per share is $45

Explanation:

The P/E ratio of one company can be used by investors and analysts to determine the value of another companie's stock in the industry. This is called apples-to-apples comparism.

The P/E ratio is used to value a company by comparing its share price to earnings per share.

P/E ratio= market value of shares/ earnings per share

For company B

P/E ratio= 30/2= $15

Using company B's P/E ratio as a benchmark for company A

15= Price per share /3

Price per share = 15*3= $45

8 0
3 years ago
In long-run equilibrium with trade, losses from import competition will force some firms to ______________, increasing demand fo
MrMuchimi

Answer:

The correct answer is option b.

Explanation:

In an open economy, domestic firms have to face competition from the foreign producers. If firms face losses in the long run, because of import competition, these firms will leave the industry.

As the number of domestic firms get reduced, the demand curve of the other firms will become flatter. This happens because of the foreign firms that bring in a large variety of goods in the domestic market.

7 0
2 years ago
Classify the following items as (1) prepaid expense, (2) unearned revenue, (3) accrued revenue, or (4) accrued expense: a. Cash
slava [35]

Answer:

a. Unearned Revenue; b. Accrued Revenue; c. Accrued Expense; d. Prepaid Expense

Explanation:

Prepaid Expenses : Expenses paid before due

Unearned Revenue : Revenue earned before due i.e Advance Income

Accrued Revenue : Revenue earned i.e due , but not received

Accrued Expense : Expense due but not paid i.e Outstanding Expense

a. Cash received for use of land next month = Unearned Revenue or Advance Income

b. Fees earned but not received in cash = Accrued Revenue / Accrued Income

c. Wages owed but not yet paid = Accrued Expense / Outstanding Expense

d. Supplies on Hand = Prepaid Expense

3 0
3 years ago
What happens when you do not make a decision?
DENIUS [597]
Making decisions are always an important part. But failure in making decision may cause something unexpected. in most of the time a right decision at right time helps a lot... so for making a good decision one should follow some steps- like what are the good aspect if someone take this decision and what are the negative impact of this decision and if the probability of positiveness is more... than one should take that decision.. and if someone have confusion between what to do? and have to decide which decision to take among many ideas in mind  one should do the same steps but this time he/she should write them in a page for each decision a single page and than take the one which is prominent..
4 0
3 years ago
Read 2 more answers
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