Answer: A - 1,750
Explanation:From the above question, The contribution margin per ticket sold is $30 for the regular cruise and $90 for the executive. Fixed costs are $210,000.
What is the total number of regular cruises Blue Seas must sell in order to breakeven?
BEP in units = fixed cost/ contribution margin.
= $210,000/($30 * 4) = 1,750
Net operating income was $24000
Fixed expenses=$96000
Sales=$300000
cost per unit=$20
unit sales=$15000 units
CM=$120,000
CM per unit=$8
BE units=FC/CM per unit=96000/8=12,000 units
Answer:
The correct answer is (a)
Explanation:
Market economy is a system where demand and supply determines the production of goods and service. Complete supply and demand is analysed to determine production and prices. In the above scenario, James is following market economy form of production system. This is the best way to examine the production system because market economy is an effective tool to use the available resources.
Answer:
The second line i.e "managers substitute less risky assets for riskier ones to the detriment of bondholders" is the correct answer to the given question .
Explanation:
The asset substitution issue is when the management of a business organization knowingly misleads the another one by exchanging the superior quality assets with the inferior quality assets after a quality review has already been carried out.
- The challenge of asset substitution illustrates contradictions between the stockholders and creditors.
- The asset substitution supervisors replace less volatile assets with higher risk ones at the expense of bondholders.
- All the other options are not related to the asset substitution that's why they are incorrect option .
Market Niches <span>are small segments within a market that can offer profit potential to entrepreneurs who know how to serve them.</span>
