Answer: The answer would be d-technological
Explanation:
Answer:
Stern must borrow 13,530dollars at least to achieve is minimum monthly cash balance.
Explanation:
beginning cash balance: $ 12, 270
cash receipts $ 97,200
cash disbursements <u> $(115,000) </u>
cash balance before financing: $ (5,530)
minimun balance required $ 8,000
financing requirement: 8,000 - (-5,530) = 8,000 + 5,530 = 13,530
Answer:
The contribution margin ratio is 35%
Explanation:
The formula for contribution is given below:
Contribution margin = revenue − variable costs.
Contribution margin ratio is given as:
(Sales – variable expenses) ÷ Sales
In this case,contribution is given as 1000*($20-$13), in other words selling price per unit minus variable cost multiplied by number of units sold.
Contribution is $7000
contribution margin ratio =$7000/($20*1000)
=0.35 or 35%
The implies that Hollis Industries makes a contribution of 35% per unit of output sold,hence, the contribution contributes towards covering fixed costs and making profit overall
It should be the price right?
The correct answer to this open question is the following.
Although the question is incomplete because it does not provide the location, country, or any other further reference, we can say the following.
The nature and purpose of the public sector result in unique organizational characteristics, basically in the formation of bureaucracies that are a form of governmental and administrative organizations with many employees and hierarchies that more that improve management and operations, complicate it and make it slow due to the fact that the number of people working is numerous.
Experts say that this is not the more efficient and effective form of managing governmental offices. On the contrary, it is slow and inefficient.