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Aleksandr-060686 [28]
3 years ago
9

A shoe factory sells a certain brand of shoes for $50 per pair. After a celebrity

Business
2 answers:
vladimir1956 [14]3 years ago
5 0

Answer:

B

Hope this helps

crimeas [40]3 years ago
5 0

Answer:

B

Explanation:

The factory would most likely take advantage of this situation, and try to sell more of the shoes at a higher price, for the greater profit.

A,B and D do not make sense as the factory would then either be making less money or not profiting at all.

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A benefit of job specialization is that it a. is more difficult to design equipment. b. is easier to train new employees. c. is
jeyben [28]

Answer:

Is easier to train new employees.

Explanation:

Job specialization can be described as a process in which employees of an organization possess specific skills and knowledge that is needed to carry out a given task or activity.

Job specialization involves the process of training individuals to acquire adequate education and expertise in a specific area so they would be able to perform the task excellently well thereby leading to high productivity and growth of the organisation.

5 0
4 years ago
Read 2 more answers
The industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical
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<span>the industry-low, industry-average, and industry-high cost benchmarks on pp. 5-6 of the latest issue of the glo-bus statistical review 

ANSWER: 
</span><span>are worth careful scrutiny by the managers of all companies because when a company's costs for one or more of the cost benchmarks are deemed "out-of-line," managers need to initiate corrective actions in the next decision round. </span>
5 0
3 years ago
If the monthly sales volume required to break even is $190,000 and monthly fixed costs are $55,900, the contribution margin rati
Vladimir79 [104]

Answer:

a. 29%

Explanation:

Given that

Contribution margin = $55,900

Sales = $190,000

The computation of contribution margin ratio is shown below:-

Contribution margin ratio = Contribution margin ÷ Sales

= $55,900 ÷ $190,000

= 29%    

Therefore for computing the contribution margin ratio we simply divide sales by contribution margin ratio.

6 0
3 years ago
A student bought a used car for $10,000 and resold it one year later for $6,500. insurance, license, and operating costs for the
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4 0
3 years ago
Stealth Fitness Center issues 7%, 15-year bonds with a face amount of $200,000. The market interest rate for bonds of similar ri
Vladimir [108]

Answer:

market price of bonds = $219,597.35

Explanation:

Since the coupon rate is higher than the market rate, the bonds will be sold at a premium.

PV of face value = $200,000 / (1 + 3%)³⁰ = $82,397.35

PV of coupon payments = $7,000 x 19.600 (PV annuity factor, 3%, 30 periods) = $137,200

market price of bonds = $219,597.35

8 0
3 years ago
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