1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bad White [126]
2 years ago
7

Mossfeet Shoe Corporation is a single product firm. The company is predicting that a price increase next year will not cause uni

t sales to decrease. What effect would this price increase have on the following items for next year? Contribution Margin Ratio Break-even Point
A) Increase Decrease
B) Decrease Decrease
C) Increase No effect
D) Decrease No effect
a. Choice A
b. Choice B
c. Choice C
d. Choice D
Business
1 answer:
FinnZ [79.3K]2 years ago
7 0

Answer:

A.

Explanation:

The Contribution Margin Ratio is the ratio of contribution margin to sales revenue.

Contribution Margin Ratio = contribution margin / sales revenue

Contribution Margin = sales price - variable cost

If the sale price is increasing, and the variable cost remains the same, the contribution margin is going to increase.

Break even point shows the amount of sales volume where the total cost is equal to the company´s full income. The point where total costs are equal total revenue is known as the break even point.

If sales increase, and the costs remains the same, the break even point is going to decrease.

You might be interested in
Absent any exaggeration, supply chain professionals could boast how crucial their role is in satisfying B2B and B2C customers al
const2013 [10]

Answer:

True, but it applies to everyone in the organization.

Explanation:

Modern companies can only be successful if every single employee works as a team member, since competition keeps increasing and customers' expectations keep rising.

Every single role within an organization is important. Can supply chain professionals distribute a product that doesn't exist (wasn't manufactured on time)? Could they distribute a product that no one wants to buy (marketing and sales are extremely important also)? Could anyone work if the finance department couldn't do its job and there was no money in the company?

We tend to believe that what we do is extremely important and difficult to do, and other people have it easier because their are simpler than ours. But that is just nonsense. Once I heard a quarterback talking about who was the most important player in a football team, and his answer really surprised me, "Quarterbacks fill stadiums, but defenses earn championships". On a team no one is more important, the chain breaks on its weakest link.  

7 0
3 years ago
With a _______ lifestyle, people select products and services that fulfill their diverse needs and interests, rather than confor
Sladkaya [172]

Answer: component

Explanation:

5 0
1 year ago
On June 16, 1995, the DJIA closed at $4,510.79. Assume the index lost 135 points on the next trading day. Compare that to a 500-
lora16 [44]

Answer:

The occurrence would be more impactful in 1995 as the % drop is higher

Explanation:

In 1995, % change in DJIA = 135 / 4510.79 = 0.029928 = 2.99%

Today, the DJIA is at 29,263.48 . The % change in DJIA = 500 / 29,263.48 = = 0.017086143 = 1.71% .

Thus, In 1995, the occurrence would be more impactful as the % drop is higher

7 0
3 years ago
In the circular flow model, households provide<br> to firms. This is represented by the letter A.
Lana71 [14]

Households would provide factors of production to firms.

  • The circular flow demonstrates the movement of money in the economy.
  • The two-sector model of circular flow comprises households and firms.
  • Money first flows from producers to households in return for production services in the form of wages.  
  • Finally, return to producers back in the form of payment for the purchase or expenditure made by households.

<h2>What do you mean by circular flow of money?</h2>
  • The circular flow model demonstrates how money moves through society.
  • Money flows from producers to workers as wages and flows back to producers as payment for products.
  • In short, an economy is an endless circular flow of money.

<h2>What are the two types of circular flow?</h2>

There are two types of circular flow:

  • Real flow: The term real flow means the flow of factor services from households to firms.
  • Similarly, the flow of goods and services from firms to households.
  • Money flow: The money flow refers to the flow of factor payments from firms to households for factor services.

Learn more about the circular flow of money here:

brainly.com/question/24114630

#SPJ10

5 0
2 years ago
Manny has his money in a savings account earning 3 percent interest. How long will it take his money to double?
Nostrana [21]
The answer  to your question is twenty-four years
4 0
3 years ago
Other questions:
  • Joslyn Company manufactures metal brackets. The estimated number of metal bracket sales for the first three months of the curren
    11·1 answer
  • According to the text, for an entrepreneurial start-up to be successful, three ingredients are critical. What are they? Group of
    14·1 answer
  • Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's woul
    11·1 answer
  • In the leadershio grid employees preferred which of the following styles?
    5·1 answer
  • A company has budgeted fixed overhead of $1.00 per hour at expected capacity of 5,000 units which has a standard quantity of 2 h
    12·1 answer
  • There are 800 consumers in an economy that each have the same utility function given by U(c, l) = 32√ c − (24 − l)2 where c is t
    12·1 answer
  • The interest rate is 15.5 percent a year in Indonesia and 1.7 percent in a year in Hong Kong. The inflation rate is 12.6 percent
    11·1 answer
  • Direct Materials Variances Bellingham Company produces a product that requires 2.5 standard pounds per unit. The standard price
    7·1 answer
  • Nicole is considering opening a Roth Individual Retirement Account. If she invests into the Roth IRA, determine the amount in th
    11·1 answer
  • Eric is an hr manager at communication connections. which task would he perform as a part of the human resource planning process
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!