Answer:
Break-even point (dollars)= $3,087,500
Explanation:
Giving the following information:
Fixed Cost per Unit $50 Selling Price per Unit $325 Variable Costs per Unit $175 Target Operating Income $200,000.
Break-even point (dollars)= (fixed costs + profit) / contribution margin ratio
Break-even point (dollars)= (175*7000 + 200,000)/[(325 - 175)/325]= $3,087,500
Answer:
A
Explanation:
Economic risk is the risk that macroeconomic conditions would affect the value of investment .
Examples of economic risks are Recession and inflation
Answer:
b. an ethical duty beyond those duties mandated by law.
Explanation:
Business ethics involve policies and practices concerning duties that go beyond those mandated by law. Anyhow, the law sets the tone for business ethics as a guideline that a company can follow to foster and gain public approval.