The contribution margin is the difference between sales volume and variable costs.
Or to put it another way: the contribution margin is the profits of a company, without considering the fixed costs.
We have then:
MC = $ 120 -60 $ = $ 60
Answer:
the contribution margin per unit is $ 60
Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.
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A regional shopping center is a large shopping area which is meant to provide goods and services to people living in a particular area or state and must contain at least a departmental store, and any number of speciality stores.
According to the given question, we are told that Katy Mills Mall has two department stores which are specialty stores, a movie theater and various restaurants.
However, because this shopping center does not contain any convenience stores, then it is a regional shopping center
Therefore, the correct answer is Regional
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Answer:
Finance is:a.the study of how individuals,institutions,governments,and businesses acquire,spend,and manage money and other financial assets.
Explanation:
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Answer:
it should call back the bonds as it will save $8.25
Explanation:
Bond Price can be calculated using PV function. After 3 years,
N = 2, PMT = 5% x 1000 = 50, FV = 1000, I/Y = 2%
=> Compute PV = $1,058.25
Without the call option, the bond would be worth $1,058.25. But the firm can buy those bonds at $1,050.
Hence, it should call back the bonds as it will save $8.25
Answer:
"4"
Explanation:
Human relations approach to employees management believes that employees are not only motivated by financial incentives but other factors like praises , interpersonal relationship and delegation of roles and this in return , boost their commitment.
The managers are involved in active support of employees' growth and performance.
It underscores the importance interpersonal and social relationship in a work environment.