Answer: Material fact
Explanation:
Material fact would be defined as a fact that would be important to a potential purchaser in deciding whether to buy a property or not. It influences a purchaser's decision on a property, whether to buy at all or at a certain price.
Answer:
Evaluating goals and plans
Explanation:
Planning is a very important activity that guides a business to achieve its set goals and objectives.
There are various stages in planning namely:
- Analysing the situation
- Selecting goals and plans
- Evaluating goals and plans
- Implementing goals and plans
- Monitoring and controlling performance.
In the given scenario Jekyll Corp. is assessing how well alternative plans meet high-priority goals while considering the cost of each initiative and the likely investment return.
This stage is the evaluation of goals and plans to see which of them will be more profitable.
It is done to identify the plan that will meet the organisation's objectives at least cost
Answer:
1. 250 wood tables
2. 250 wood tables
3. $37,500
4. 130 wood tables
Explanation:
Sales (units) required to earn a target profit = (Fixed Costs + Target Profit) ÷ Contribution per unit
Where,
Contribution per unit = Selling Price per unit - Variable Costs per unit
= $150 - $60
= $90
Therefore,
Sales (units) required to earn a target profit = ($11, 700 + $10, 800) ÷ $90
= 250 wood tables
Contribution Margin Ratio = Contribution / Sales × 100
= $90 / $150 × 100
= 60 %
Sales (dollars) required to earn a target profit = (Fixed Costs + Target Profit) ÷ Contribution Margin Ratio
= ($11, 700 + $10, 800) ÷ 60%
= $37,500
Sales in Units to Break Even = Fixed Costs ÷ Contribution per unit
= $11, 700 ÷ $90
= 130 wood tables
Answer:
The statement is: True.
Explanation:
The bullwhip effect occurs when the quantity demanded of a product changes in a supply chain which causes one of the links of the chain to request more of that good to meet the new demand level. Ways to avoid the bullwhip effect are <em>improving retailers' forecast accuracy</em> or <em>adopting a demand-driven supply chain management</em> by which the quantity of goods received at each location implies what the retailers' request.
Retirees who had different jobs and different income levels.
In stratified sampling, the population is broken up into groups ("strata") that are distinctly <u>different</u> from each other.
