Answer:
Effect on income= $2,500 increase
Explanation:
Giving the following information:
Contribution margin= $44
The marketing manager believes that a $6,300 increase in the monthly advertising budget would result in a 200 unit increase in monthly sales.
To calculate the effect on income, we need to use the following formula:
Effect on income= increase in total contribution margin - increase in fixed costs
Effect on income= 200*44 - 6,300
Effect on income= $2,500 increase
Answer:
Output/Input (APEX) <--------
Explanation:
This is the <u>CORRECT</u> answer for APEX.
Phyllis' RATE (percentage) of return is 7 percent
<u>Explanation:</u>
Data provided in the question:
Purchase price for each share = $50
Dividend received = $1 per share
worth of shares at the end of year = $52.50
Thus, total return on the share = dividend received plus worth of sahres at the end of year minus purchase price
= $1 plus $52.50 minus $50 = $3.5
Therfore, rate of return = [ total return on the shares by purchase price ] into 100%
= [$3.5 by $50] inot 100 percent
= 7 percent
hence, the option with 7 percent will be the correct answer.
Answer:
a) true
Explanation:
A rise in the general price level is called inflation and it affects the nominal value of the company's output. E.g. you sell pants and last year they sold at $10 and now since inflation rate is 10%, they sell at $11. But inflation only affects nominal values, it doesn't affect real values which are calculated using a base price of a certain year X, times the quantity sold. Following the example, your real output would not be $11 per pair of pants, instead it would still remain at $10 since the inflation is discounted.
Answer:
5. Basic underlying assumptions
Explanation:
Basic underlying assumptions represent the core and essence of culture which are too difficult to observe because they exist in unconscious levels and least observable part of a culture. They can be taken lightly but they have a great influence and form the key to understanding why things are they way they are.
