Answer:
at any level of units sold, net income will be higher if more higher contribution margin units are sold than lower contribution margin units.
Explanation:
When products with high margins are sold, profit is made and net income becomes higher. For lower contribution margin units sold to make an impact on the net income, many more units must be sold. However, in cases where units with higher contribution margin are sold, net income is positively affected.
Answer:
1.5
Explanation:
Current ratio = current asset/current liabilities
This ratio is used to determine how quickly the current assets can be used to settle the current liabilities as they fall due.
current assets = $120,000
current liabilities = $80,000
The firm's current ratio = $120,000/$80,000
= 1.5
Answer:Gross is before taxes are deducted and Net is after taxes are deducted.
Explanation:
Answer:
The correct answer is letter "A": indirect.
Explanation:
An indirect distribution or sales channel uses intermediaries who have stored the products a company manufactures so they are offered to final consumers. In such a way, manufacturers work with retailers, wholesalers, and smaller stores being in charge of the sale of the goods.
Manufacturers provide their products to stores they trust can represent the firm as if they would be offering the products directly. Producers reduce costs bu engaging in this type of distribution channel.
Answer:
Sustained competitive advantage
Explanation:
In order to remain competitive, a firm should from time to time monitor and measure changes in the external environment such as political ,economic, socio-cultural,legal and other external environmental factors . In response to these external trends, a robust internal capabilities should be developed either to reduce their threats or take advantage of the opportunities as the case may be.
It is very important for the firm to have a system in place that can be used to track changes in external business environment and also measure their possible impact on the firm.