Answer:
5500 units per month must be sold to earn the required profit
Explanation:
The target profit is the amount of profit that a business wants to earn. To calculate the target profit, we can use the break even analysis and include the factor for target profit under its formula and calculate the units and the dollar sales needed to earn the target profit.
In this case, the target profit is $50000 per month.
The break even in units = Fixed cost / contribution margin per unit
Contribution margin per unit = selling price per unit - variable cost per unit
To calculate units required for target profit, we will add the target profit to the fixed cost and divide by the contribution margin per unit
Target profit units = (fixed cost + target profit) / Contribution margin per unit
So,
Contribution margin per unit = 20 - 10 = $10 per unit
Target profit units = (5000 + 50000) / 10
Target profit units = 5500 units per month
Answer: a. True
Explanation:
The simple linear regression model is;
y = mx + c
Where,
y = dependent variable
m is the slope
x is the independent variable
c is the y- intercept
The long-term trend only Least-Squares Regression Model also follows the same format except y becomes Yt and x becomes t.
The long-term trend only Least-Squares Regression Model is therefore the same as a simple linear regression only with different variable terms.
Answer: rose
Explanation: In the given case, Halpert hardware imports from asian countries,that is, they are on the buying side of the transaction. Therefore, if the value of dollar rises in relation to the currencies of countries from which halpert buys than they will be able to purchase more quantity with the same amount of dollars.
Answer:
Yes. I agree
Explanation:
Due to a fall in barriers to international trade, <u>companies in wealthy advanced economies now find it easier to move their manufacturing activities to other countries</u> with lower labor rates so that they can reduce their manufacturing costs.
This move means that manufacturing companies in the wealthy advanced economies have reduced job opportunities and as such, workers in this industry will suffer.
Answer:
Mutual Funds are simply a way to pool money together and buy more stocks. You invest into a mutual fund along with many other people. Then your pooled money is invested by the manager of the mutual fund. They are generally conisdered safe as they are run by "stock gurus".
