When can ScreenTips be useful?

Yvette is preparing a direct claim message. Her bank account has been incorrectly debited a duplicate charge of $132.45 for a pa

Firlakuza [10]

Answer:

She needs to contact the retail store about getting refund of duplicate charge of $132.45 for pair of hockey skates.

Explanation:

Yvette should start with calm message by saying that. Dear retail store i have been charged by duplicate amount of $132.45, that might be due to your server error or by merchants mistake. Please re-check from your end and refund the duplicated charged amount. Thank you

6 0

4 years ago

Read 2 more answers

Chilton, Inc. sold 11,900 units last year for $20 each. Variable costs per unit were $3.00 for direct materials, $2.60 for direc

kvasek [131]

Answer:

a. Total contribution margin is $140,420.00

b. Unit contribution margin is $11.80

c. Contribution margin ratio is 0.59.

Explanation:

a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.)

Sales revenue = 11,900 × $20 = $238,000

Total variable cost = (11,900 × $3) + (11,900 × $2.6) + (11,900 × $2.6) = $97,580

Total contribution margin = $238,000 - $97,580 = $140,420.00

b. What is the unit contribution margin?

Unit contribution margin = Total contribution margin ÷ Units sold = $140,420.00 ÷ 11,900 = $11.80

c. What is the contribution margin ratio? (Round your intermediate calculations and final answer to 2 decimal places.)

Contribution margin ratio = Unit contribution margin ÷ Unit selling price = $11.80/20.00 = 0.59.

7 0

3 years ago

One important way in which banks make economic growth possible is by

solong [7]

Answer:

Here is the full question:

One important way in which banks make economic growth possible is by :

A) selling savings bonds.

B) cashing payroll checks.

C) lending money to business startups.

D) offering checking and savings accounts

Answer is C).

Explanation:

Bank loans are the most important bank product as loans represent the most profitable segment for the bank. Of course, banks do earn fees and commissions on various transactions and they do offer general personal account maintenance.

However, loans are the primary source of income for all banks, as loans are the bank products that give the bank a monthly interest rate, which is very lucrative in the long run.

8 0

3 years ago

Suppose GDP in an economy is $3,542 billion. Personal Consumption Expenditures (C) are $2,343 billion, Government Spending (G) i

aleksandrvk [35]

Answer: -$45 billion.

Explanation:

Net Exports refers to Exports out of a country less imports into the country and it is a component of GDP using the Expenditure method. The other components include Government Spending, Investment and Consumption all of which are given in the above question.

The Net Exports are therefore;

GDP = Consumption + Investment + Government Spending + Net Exports

3,542 = 2,343 + 865 + 379 + Net Exports

3,542 = 3,587 + Net Exports

Net Exports = 3,542 - 3,587

Net Exports = -$45 billion

The Net Exports are negative which means that more goods were imported than were exported.

6 0

3 years ago

Which one of the five generic competitive strategies discussed in Chapter 1 most closely approximates the competitive approach A

lutik1710 [3]

Answer:

The correct answer is: Broad differentiation strategy.

Explanation:

American economist Michael Porter (born in 1947) proposes there are Five Generic Competitive Strategies in market targeting while pursuing a competitive advantage: Overall low-cost, Broad Differentiation, Focused low-cost, Focused differentiation, and Best-cost provider strategy.

With the Broad differentiation strategy firms aim to provide customers a product that is different from its competitors to capture the largest number possible of consumers. This strategy is the closest approach Apple, Inc. has been using to keep its share in the mobile phone devices market.

7 0

4 years ago