Answer:
the break even point in sales dollars is $223,667
Explanation:
The computation of the break even point in sales dollars is shown below:
= Fixed cost ÷ contribution margin ratio
= $80,520 ÷ ($138,960 ÷ $386,000)
= $80,520 ÷ 36%
= $223,667
Hence, the break even point in sales dollars is $223,667
Answer:
This is very short term credit with high interest.
Explanation:
Examples of this include things like payday loans.
Answer:
The statement is: False.
Explanation:
Net Income <em>is the result of subtracting a company's expenses in generating income from the total revenue and deducting taxes from that figure</em>. The net income may be distributed as a dividend among common stock shareholders or retained by the company. Instead, capital refers to financial resources such as equity, debt, trading, and working capital.
Answer:
D) Repositioning
Explanation:
Perceptual mapping is the graphical representation of a product to explain the consumers' perception.
Product positioning is a method to explain the product's benefits to the targeted consumers.
Product differentiation is the process of distinguishing a product from other goods to force the customers to purchase.
Psychographics is a qualitative explanation based on the consumers' preferences.
Finally, <em>repositioning</em> is focusing on changing the customers' view engaged with the brand or product. It usually depicts a variety of a product's brand image. Since Mott's used an advertising method that changes the consumers' thought and perception, he used this <em>repositioning</em> strategy.
