Phil Ruffin bought treasure island
The best example of a factor that indicates the success of a corporation is its projected earnings. The earnings play a major role in characterizing a successful company. If earnings are stable, has positive growth, and reflects quality, then the corporation is successful.
Answer:
(a)
Mathematical Equation for break-even
F = QP - QV
Where
F = fixed cost
Q = Break-even quantity
P = Selling price
V = Variable cost
F = Q ( P - V )
Q = F / ( P - V )
Q = $327,030 / ( $630 - $300 )
Q = $327,030 / $330
Q = 991 units
(b)
Contribution Margin = Price per unit - Variable cost per unit
Contribution Margin = $630 - $300 = $330
Break-even Point in Units = Fixed Cost / Contribution margin per unit
Break-even Point in Units = $327,030 / $330 = 991 units
Explanation:
Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.
Contribution per unit method use the contribution of each unit to calculate the break-even point.
Answer:
It has broadened the marketing efforts to include a wider customer base which could improve sales.
Explanation:
Advertising to a broader customer base will both convince that larger customer base that the company has something to offer. For many, the obvious diversity awareness of the company will be an additional factor attracting increased sales and a more diverse hiring pool.
Answer:
In the absence of any condition +50% of voting securities will give powers to investors to control over the investee.
Explanation:
- The investors have majority of ownership .
- They can hire the Board of Directors for the investee
- They can directly control over the operations of the investee
- Voting shares give the power to approve or reject major decisions and actions such as a merger.
