Answer:
Explanation:
targeted profit can be achieved after covering total cost including fix cost
total cost = variable cost + fix cost
break even = total cost = total revenue
first we need to cover variable cost
Selling price = 120
Varaible cost = -80
contribution margin = 40
Now we need to cover fix cost
break even = fix cost/ contribution margin
break even = 50000/40
break even = 1250
now we need extra units to cover the targeted profit
targeted units = 10000/40
targeted units = 250
total units that should be sold for targted profit of $10000 = (250+1250) = 1500
or
we can solve through this method
targeted units = (fix cost+targeted profit) / CM per unit
targeted units = (50000+10000)/40
targeted units = 60000/40
targeted units = 1500
Answer:
False
Explanation:
According to federal regulations each IRB shall have at-least 5 members, further, there shall be at-least one member with scientific expertise and one member with no expertise in science.
Total number shall not fall below 5 members.
Here it states, to have at-least two members are require to fulfill the requirement of membership. Thus, the above statement is false.
In case it is talking about only about the character being scientific expertise or not then it is true.
But total members are 5 and not 2 thus statement is false.
Answer:
FALSE
Explanation: GDP( GROSS DOMESTIC PRODUCT) is a Macroeconomics concept which means the total value of a country's product calculated within a specific time.
REAL GDP: is a measure of the values of a country's products adjusted according to inflation.
POTENTIAL GDP is theoretical concept which is the value of what a country can produce at a constant inflation rate.
When REAL GDP IS GREATER THAN POTENTIAL GDP THE COUNTRY IS AT MORE THAN FULL EMPLOYMENT.
Collateral is required by banks and other financial institutions because if the loan-taker defaults on his payments. This is a safety measure that prevents people from stealing money via loans.
