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3 years ago

The contribution margin approach helps managers in short-term decision making because it ________

2 answers:

8 0

The contribution approach is a presentation format used for calculation of the break-even point, which is the point of zero profit or loss. The contribution margin approach helps managers in short-term decision making because it reports costs and revenues at present value.

lana66690 [7]3 years ago

5 0

The contribution margin approach helps managers in short-tern decision making because it reports costs and revenues at their current value.

The contribution margin ratio/approach allows companies to determine their profits they can make from a product minus variable costs.

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Jimbo Electronics sells navigation equipment used in airports. You have been working with the government of a western European c

Nitella [24]

In this text, we learn about the behaviour of the government official responsible for signing the contract. The official appears to be demanding money known as a "finder's fee." However, this was not part of the official agreement, and appears unethical to you. The official justifies it by saying that it is common place in his country. These actions would be considered both ilegal (because they go against the law) and unethical (because they do not follow the values that society accepts as fair). Some executives might think that reacting in this way can cause American corporations to suffer a competitive disadvantage. However, I disagree. While in some cases this might mean that American corporations cannot compete with other, more corrupt corporations, following the law is likely to lead to peace and stability, which ultimately benefits corporations.

4 0

2 years ago

The expected return and standard deviation of a portfolio that is 30 percent invested in 3 Doors, Inc., and 70 percent invested

kirill115 [55]

Answer:

For correlation 1 the standard deviation of portfolio is 0.433.

For correlation 0 the standard deviation of portfolio is 0.3191.

For correlation -1 the standard deviation of portfolio is 0.127.

Explanation:

The standard deviation of a portfolio is computed using the formula:

$\sigma_{P}=\sqrt{w^{2}_{1}\sigma_{1}^{2}+w^{2}_{2}\sigma_{2}^{2}+2\times r\times w_{1}\sigma_{1}w_{2}\sigma_{2}}$

(1)

For r = + 1 compute the standard deviation of portfolio as follows:

$\sigma_{P}=\sqrt{w^{2}_{1}\sigma_{1}^{2}+w^{2}_{2}\sigma_{2}^{2}+2\times r\times w_{1}\sigma_{1}w_{2}\sigma_{2}}\\=\sqrt{(0.30^{2}\times 0.51^{2})+(0.70^{2}\times 0.40^{2})+(2\times1\times0.30\times 0.51\times0.70\times 0.40)}\\=\sqrt{0.187489}\\=0.433$

Thus, for correlation 1 the standard deviation of portfolio is 0.433.

(2)

For r = 0 compute the standard deviation of portfolio as follows:

$\sigma_{P}=\sqrt{w^{2}_{1}\sigma_{1}^{2}+w^{2}_{2}\sigma_{2}^{2}+2\times r\times w_{1}\sigma_{1}w_{2}\sigma_{2}}\\=\sqrt{(0.30^{2}\times 0.51^{2})+(0.70^{2}\times 0.40^{2})+(2\times0\times0.30\times 0.51\times0.70\times 0.40)}\\=\sqrt{0.101809}\\=0.3191$

Thus, for correlation 0 the standard deviation of portfolio is 0.3191.

(3)

For r = -1 compute the standard deviation of portfolio as follows:

$\sigma_{P}=\sqrt{w^{2}_{1}\sigma_{1}^{2}+w^{2}_{2}\sigma_{2}^{2}+2\times r\times w_{1}\sigma_{1}w_{2}\sigma_{2}}\\=\sqrt{(0.30^{2}\times 0.51^{2})+(0.70^{2}\times 0.40^{2})+(2\times-1\times0.30\times 0.51\times0.70\times 0.40)}\\=\sqrt{0.016129}\\=0.127$

Thus, for correlation -1 the standard deviation of portfolio is 0.127.

3 0

2 years ago

Which activity is the forth-step in the decision making process of solving a workplace problem?

STatiana [176]

Answer

Hi,

Correct answer option is {c}

Explanation

There are four stages of solving problems at a workplace;

• Defining the problem where the manager identifies the issue at hand to obtain detailed information about it

• Going through the alternatives, where it involves balancing logical thinking and creativity in accessing and comparing alternatives

• Selecting the best strategy that involves carefully consideration of the options and deciding the strategy which is best for the workplace problem

• Implementing the solution which involves applying the a mixture of reductive analysis and system thinking.

All the Best!

7 0

3 years ago

LO 2.1Which of the following is the primary source of revenue for a service business?

malfutka [58]

Answer:

providing intangible goods and services

Explanation:

A service business is an organisation that provides services.

Examples of service businesses are airlines, insurance companies, and hospitals.

I hope my answer helps you

3 0

3 years ago

Read 2 more answers

Suppose that in the fictional country of Albireo the work-eligible population is 180 million, there are 110 million workers in t

maksim [4K]

Answer:

6.36 %

Explanation:

Unemployment means the state of being jobless but actively searching for work. Unemployed people are part of the labor force.

In the case of Albireo, the work-eligible population is 180 million.

There are 110 million workers in the labor force, and employment level is 103 million. It means that those in the labor force and are not employed are 110 million - 103 million.

The number of unemployed people = 7 million

The formula for calculating the rate of unemployment

= No. of unemployed people / No. in the labor force x 100

=7 million / 110 million x 100

=7/110 x 100

= 0.063 x 100

=6.36 %

8 0

2 years ago