<span>through the work place, skills education should be provided by the employer during regular working hours. If employees have to come in during regular time off they should be paid for the inconvenience of having to stay late.</span>
Answer:
Option (D) 16.57%
Explanation:
Data provided in the question:
Realized gain
r₁ = 20%
r₂ = 20%
r₃ = 10%
Now,
Geometric average = ![[(1+r_1)\times(1+r_2)\times...\times(1+r_n)]^{\frac{1}{n}}](https://tex.z-dn.net/?f=%5B%281%2Br_1%29%5Ctimes%281%2Br_2%29%5Ctimes...%5Ctimes%281%2Br_n%29%5D%5E%7B%5Cfrac%7B1%7D%7Bn%7D%7D)
- 1
here,
n = 3
therefore,
Geometric average = ![[(1+0.20)\times(1+0.20)\times(1+0.10)]^{\frac{1}{3}}](https://tex.z-dn.net/?f=%5B%281%2B0.20%29%5Ctimes%281%2B0.20%29%5Ctimes%281%2B0.10%29%5D%5E%7B%5Cfrac%7B1%7D%7B3%7D%7D)
- 1
or
Geometric average = ![[1.584]^{\frac{1}{3}}](https://tex.z-dn.net/?f=%5B1.584%5D%5E%7B%5Cfrac%7B1%7D%7B3%7D%7D)
- 1
or
Geometric average = 1.1657 - 1
or
Geometric average = 0.1657
= 0.1657 × 100%
= 16.57%
Answer:
Break-even point= 3429 units
Explanation:
Giving the following information:
Total Units for information given 7,000.
Fixed Cost per Unit $150
Selling Price per Unit $ 475
Variable Costs per Unit $125
Target Operating Income $ 150,000
Break-even point= fixed costs/ contribution margin
Break-even point= (150*7000 + 150,000) / (475 - 125)= 3429 units
Socialism is defined as the means of production that is owned by the state. Capitalism is a economic system in which private individuals or businesses own capital goods. A Mixed Economy is a system that combines aspects of both Capitalism and Socialism.
