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boyakko [2]
3 years ago
8

Traditionally, life insurance companies, pension funds, and brokerage firms are known as ________.

Business
1 answer:
Elodia [21]3 years ago
3 0
Nonbanks.......................................................
You might be interested in
Steeler Corporation is planning to sell 100,000 units for $2.00 per unit and will break even at this level of sales. Fixed expen
Doss [256]

The company's variable expenses per unit is 1.25

<h3>What is breakeven?</h3>

Breakeven is a point at which neither profit nor loss is made. It is used to determine the number of units or dollars of revenue needed to cover total costs.

Number of units to sell = 100,000

Price per unit = 2

Fixed expense = 75000

At break even point :

Revenue = total expenses

Total expenses

= fixed cost + variable cost

Let variable cost = x

Revenue

= units to sell * price per unit

Revenue

= 100,000 * 2

= 200,000

Hence,

Fixed cost + variable cost = Revenue

75000 + x = 200,000

x = 200, 000 - 75000

x = 125,000

Variable cost = 125,000

The variable expense per unit is thus :

Variable expense / number of units

= 125,000 / 100,000

= 1.25 per unit

Hence, the company's variable expenses per unit is 1.25

Learn more about break even here: brainly.com/question/9212451

7 0
2 years ago
Gabe industries sells two products, basic models and deluxe models. Basic models sell for $44 per unit with variable costs of $2
Dima020 [189]

Answer:

See below

Explanation:

Basic models Deluxe models

Sales price $44 $54

Variable costs $25 $25

Contribution margin $9 $29

×

Sales mix 1 3

Total contribution margin $9 $87

Contribution margin per unit = $9 + $87 = $96

Weighted contribution margin= Total contribution margin / Units

= $96 / $4

= $24

Break even point = Total fixed costs / Weighted contribution margin

Break even point = $1,441 / $24

Break even point = 60 units

•Basic units = 60 × 63.33% = 38 units of basic

•Deluxe units = 60 × 43.33% = 26 units of Deluxe units

6 0
3 years ago
Which of the following is true of corporations that operate in several different countries?​ a. ​Uniformity of tax-laws across d
frozen [14]

Answer: Option C

 

Explanation: A company operating in countries other than its home country is called multinational corporations. These entities operate their business in several different countries with the objective of profit maximization.

These entities control  their business in foreign countries from their head quarters in their home country. Thus, in case the company did something illegal or unethical then the government can expropriate their assets without any compensation.

Thus, the correct option is C.

 

8 0
4 years ago
Dynamic Production Services started the year with total assets of $130,000 and total liabilities of $50,000. The company is a so
____ [38]

Answer:

C) $40,000.

Explanation:

As we know, the net income is a difference between the total revenues and the total expenditure incurred

Net income = Total revenues earned - Total expenditure incurred

                   = $100,000 - $60,000

                   = $40,000

By subtracting the total expenses from the total revenues we can find out the net income and the same method is applied in the above calculation

6 0
3 years ago
Competition in a market system denotes a condition where A. the diffusion of economic power limits its potential abuse. B. any g
iragen [17]

Answer:

The answer is: A) the diffusion of economic power limits its potential abuse.

Explanation:

Ina market system, producers will be willing to offer what consumers are willing to pay. That means that consumers are "kings" if competition exists in a market. Consumers should be able to choose what product suits them best and satisfies their needs. A large number of suppliers guarantees more consumer satisfaction.

Problems start when competition starts to vanish and monopolies appear.

7 0
3 years ago
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