The bundle prices for Hydration Power Drink and Satisfying Smoothie are given below.
<h3>
What is Contribution Margin?</h3>
The contribution margin (CM), also known as the dollar contribution per unit, is the difference between the selling price and the variable cost per unit.
Because 100% is the best contribution margin, the closer the contribution margin is to 100%, the better. The greater the figure, the better a company's ability to meet its overhead expenditures with cash on hand.
The contribution margin =
Unit Margin (Profit) = Unit Revenue - Unit Variable Cost (Marginal Cost)
<h3>What is the bundle prices and Net Profit?</h3>
For Hydration Power Drink:
High 7 -1 = 6
Low: 6 - 1 = 5
Total = 11
For Satisfying Smoothie:
High: 10 -4 = 6
Low: 5-4 = 1
Total = 7
High Bundle Price for both products:
6 + 6 = 12
Low Bundle price for both products:
5 + 1 = 6
From the above information, it is clear that the Bundle Price that will maximize profit is the High Bundle Price.
The product that will yield the most profit is: The Hydration Power Drink.
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Answer:
Debit retained earnings for $15.30 million.
Explanation:
As per the data given in the question,
Declaration of common stock dividend indicates no cash payments, only extra shares issued with rate of stock dividend
In this Rick Co. had 30 million shares and Rick Co. declared 1% stock dividend
which means 30 million × 1% = 0.30 million shares issued
Retained earning = (0.30 million × $51)
= $15.30 million
To common stock A/c = (0.30 × $1) = $0.30 million
To capital paid in access A/c = (0.30 million × ($51-$1)) = $15.00 million
( Being stock dividend was issued at 1% )
Hence, Option (d) Debit retained earning for $15.30 million is correct.
Jessica Cervantes is a renowned entrepreneur and business women who advises the new entrepreneurs who are just starting to enter this zone.
<h3>Advice of Jessica Cervantes</h3>
Jessica Cervantes says that new entrepreneurs should have faith in themselves , and this faith and believe must reflect in their products.
She also advised to use all the resources and to reach out to the other entrepreneurs seeking help and advice.
Therefore, Jessica Cervantes motivated and advised the new entrepreneurs who just entered in the field of entrepreneurship.
Learn more about Jessica Cervantes here:
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Answer:
Copyright is important as it helps to protect the value of an author/academic/researchers work, by giving the originator of the work the ability to protect it from unlicensed or uncredited usage.
Explanation:
