A non-compete covenant is a type of covenant that is a
contractual promise between two parties where one party agrees not to compete
with the other part in similar business for a specified period of time and
geographic area. Non-compete covenants are enforceable when they are found to
be reasonable according to the time period and geographic area limitations. The
restriction must protect a legitimate business purpose and not be excessive in
that protection.
<span>The price/earning ratio are a good indicator in investing in a company stock, however p/e ratios are not the only ratios to look at. In regards to higher p/e ratios, it depends on the industry and comparing them to another company in the same industry. The company with the higher p/e might be the better company to invest in.</span>
<span>The project management source that helps managers at all levels, improves their performance. We provide an important fact base for those involved in managing projects of all kinds. With weekly exclusive updates, we keep you in touch with the latest project management thinking. It will advantage the reader hugely to have a sympathetic of at least the basic planning processes before undertaking the more detailed process of project organization. So it also will be useful for the reader to have some guidelines for conclusion Making and Problem Solving with the unique opportunity to ask some of the most gifted project leaders in the world on their Project Leadership response.</span>
Answer: The firms are faced with two options, the first is covering variable cost, which they can consider in a short run, which they can pay some of their fixed cost. If they shut down completely they would pay all their fixed costs.
Explanation:
The firms are faced with two options, the first is covering variable cost, which they can consider in a short run, which they can pay some of their fixed cost. Alternatively, if they shut down completely they would pay all their fixed costs. As long as the operating cost is not much, they would keep working.
In October, we want to produce 30000 units and 30% of Novembers sales; Hence, we will produce 30000+10800 units, of which 10800 will be used for the November sales. In November, we already have 10800 units. We need to sell 36000 and then have also 30% of December sales; 30%*34000=10200. Hence, The total number of mugs needed in November is 36000+10200=46200. However, 10800 are already available from October, hence in November we produce only 46200-10800=35400.