Answer:
cyclically unemployed
Explanation:
The cyclically unemployed refers to the situation when the economy is in recession period that directly impacts the profits of the company
In the given situation, since Daniel, Steven, and Chris work as engineers in Connecticut. Due to the recession, the company profit is declining that results in a decrease in the demand of the engineers.
Therefore this situation represents the cyclically unemployed
Answer:
prenuptial agreement
Explanation:
A prenuptial agreement or prenuo is one that is created between two people before marriage. A prenuo lists all the properties owned by each individual and action to be taken as regards ownership after the marriage.
Prenuptial agreement has been used by parties that are wealthy in marriages to protect their wealth from spouses that may take advantage of them and obtain their wealth after a divorce. For example a person may say his spouse is not entitled to ownership of his property after marriage.
Answer:
Break even in dollars is $17000000
Explanation:
The break even in dollars is calculated by dividing the fixed costs by the weighted average contribution ratio.
Weighted average contribution ratio = Weightage of Product A in sales mix * contribution margin ratio of Product A + Weightage of product B in sales mix * Contribution margin ratio of Product B
Thus, weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5
Weighted average contribution margin ratio = 0.37 or 37%
Break even in dollars = Fixed costs / weighted average contribution margin ratio
Break even in dollars = 6290000 / 0.37
Break even in dollars = $17000000
It seems that the government of Semput is operating a (C) command economy.
A command economy is a system where a country’s government has the final decision on what items would be sold in the market, at what price, and also the quantity of these items. This type of economic system is commonplace in communist or socialist countries. It differs from a market economy in which this type is governed by the supply and demand that the market generates.
Answer:
Identify credit opportunities
Explanation:
The main goal of credit risk analysis is to identify the potential risks of lending out to a particular customer, whether it is a person or a firm.
In other words, is to identify whether a person or firm is credit worthy. From this concept of credit worhiness, we can affirm that the purpose of credit risk analysis is essentially to identify credit opportunities, since from the fact of finding out that a potential customer is credit worthy, a credit opportunity is created. (the loan is made to the credit worthy customer).