Answer:
Results are below.
Explanation:
Giving the following information:
The jeans will sell for $205 per pair and cost $164 per pair in variable costs to make.
<u>The contribution margin per unit is calculated using the selling price per unit and the unitary variable cost:</u>
<u></u>
Unitary contribution margin= 205 - 164= $41
<u>Now, to calculate the contribution margin ratio, we need to use the following formula:</u>
contribution margin ratio= contribution margin/selling price
contribution margin ratio= 41/205
contribution margin ratio= 0.2
Answer:
A. Amounts which are owed to the company by its customers resulting from credit sales.
Explanation:
When the company sells its product to the customers on a credit basis is called account receivable. The amount which is to be sold on credit comes under the account receivable. It is a liquidity ratio which can be converted into cash within one year
This account receivable comes under the current assets side in the asset section of the balance sheet
<span>Government encourages people to buy hybrid or electric cars even though
it is more expensive than the fuelled gas / diesel cars. With this the
government gives financial incentives to people who will buy hybrid cars. With
this plan it will lessen the pollution and it will also give benefit to the car
manufacturers.</span>
Answer: Social commitment
Explanation: Social commitment is defined as the commitment or burden of the members of a society, whether they are members of a group or as individuals.
When there is a social commitment, people agree and reach a decision in order to fulfill what has been agreed. Regardless of the decisions that have been made as a group, once they are made it is important that they are followed and that everyone does their part.