<u>Answer:</u> Option B
<u>Explanation:</u>
Revved Rider company is the market leader as the company possess a superior engine technology that is not owned by other companies. This proves that the company has competitive advantage of technology over the competitors in the market.
Competitive advantage means having an advantageous quality which the other companies do not have in the market. When a company has competitive advantage it can become a price leader or market leader. It also becomes the consumer's most preferred company when compared to other companies.
Answer:
a. Break-even point in sales units = 350,000 units
b. Break- even point in sales units to achieve a target profit of $400,000 = 430,000 units
Explanation:
a. Break-even point in sales units = Fixed cost ÷ Contribution margin per unit
= $1,750,000 ÷ $5
= 350,000 units
Working note:- Contribution margin = $15 - $10 = $5
b. Break- even point in sales units to achieve a target profit of $400,000 = fixed cost + Targeted profit ÷ Contribution margin per unit
= $1,750,000 + $400,000 ÷ $5
= $2,150,000 ÷ $5
= 430,000 units
It is estimated that it could take up to 1 hour for your liver to get rid of the alcohol in one standard drink.
Answer:
Public Relations
Explanation:
Public relations is the term which is defined as the process of the strategic communication, which builds the beneficial relationship mutually among the public and the organizations. In other words, it is a practice of managing the communication among the public and the organization.
A major component of the public relations is the publicity. Organizations often generate the publicity through sending the new releases to the media in the hope that the media will use the stories regarding the products and also about the firm.
Answer:
Last In First Out (LIFO)
Explanation:
The cost flow assumption of the last-in, first-out (LIFO) allocates the cost of goods available for sale between the end of inventory and the cost of goods sold on the assumption that the most recent purchases (the last in) are the first ones sold (the first out).
Therefore, LIFO methods give the most recent cost of purchase.
