Answer:
a. $2,000
b. 23.53 days
Explanation:
a. Break even point = Fixed cost ÷ Contribution per unit
Contribution per unit = Selling price per unit- variable cost per unit
= $75 - $15
= $60
Break even point = $120,000 ÷ $60
= $2,000
b. Rooms occupied per day = 100 × 85%
= 85 rooms
Days to break even = Break even point ÷ Rooms occupied per day
= $2,000 ÷ 85
= 23.53 days
Answer:
The correct answer is: 4) Strategic alliance.
Explanation:
The strategic alliance occurs when two more companies establish a formal relationship with the objective of achieving competitive and economic advantages, but which still remains as independent companies.
The concept arose from the transformation of the current economic scenario, where globalization and new technologies requires improvement of innovation and organizational processes for success and survival in the market.
In a strategic capacity, intangible and tangible resources are shared, such as executive knowledge, distribution channels, financing, productive capacity and others
Answer:
the after-tax cost of debt is: 27,090
Explanation:
assuming the entire among of the consulting services is tax deductible
we can determinate the after-tax cost as:
expense x (1 - tax rate) =
43,000 x (1 - 0.37) = <em>27,090</em>
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<em>the rate of return of a potential investment is not relevant for this purpose as is paying right away and not giving time to invest in a project to pay the amount next year.</em>
Personal selling is considerably less effective than other forms of promotion in obtaining a sale and gaining a satisfied customer is <u>False</u>
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Personal selling, commonly referred to as face-to-face selling, is a sales technique where a single salesperson tries to persuade a consumer to purchase a product. It is a type of advertising where the salesperson employs their knowledge and talents in an effort to close a deal.
A salesman can use personal selling, a face-to-face selling method, to convince a consumer to purchase a specific product by utilizing his or her interpersonal abilities. The salesperson tries to persuade the consumer that the product will only add value by emphasizing its different qualities. There are two primary routes via which personal selling can be done.
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To know more about Personal selling
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Answer:
Explanation:
The ending retained earnings = beginning retained earnings + net income - Dividends Paid
Net income = ending retained earnings - beginning retained earnings + Dividends Paid
= $833,000 - $724,000 + $50,000
= $159000.
Therefore, the net income for the year is $159000.
