Answer:
C. increase by about 6 percent.
Explanation:
Since,
Sales = $ 120,
Original expenses = $ 65
Thus, contribution margin ratio = 
New expenses = $ 58,
Thus, contribution margin ratio = 
∵ 52 - 46 = 6,
Hence, the CMR is increased by 6%.
OPTION C is correct.
Answer:
Change Agent.
Explanation:
Change as it is naturally stated is said to be a continuous process which involves managers in this case at all levels, who should initiate change and how has to be deliberately decided in planned change.
Any resistance in introducing change is overcome by the change agent who motivates the employees to accept the change. Internal management takes help of external consultants in introducing planned change.
Answer:
Thus, expected value of playing = $2.8 - $2 = $0.8
Explanation:
Cost of playing = $2
Expected return
10% chance to win $1 = $1 
10% = $0.1
25% chance to win back $2 = $2 25% = $0.5
50% chance to win $5 = $5 50% = $2.5
15% chance to lose $2 (being cost) = $2 15% = ($0.3)
= $0.1 + $0.5 + $2.5 - $0.3 = $2.8
Now for this we have to pay fixed cost $2
Thus, expected value of playing = $2.8 - $2 = $0.8
Answer:
See below
Explanation:
Raw materials purchased is computed as;
Raw material purchase = Ending inventory + required for production - beginning inventory
= 50,000 + ((80,000 + 770,000 - 30,000) × 3) - 60,000
= 50,000 + 2,460,000 - 60,000
= 2,450,000 grams
