Answer: 48.9%
Explanation:
Model - - - - - - Selling price - - - - cont/margin
Youth - - - - - - $340 - - - - - - - - - - - $115
Adult - - - - - - - $870 - - - - - - - - - - - $460
Recreational - - $1060 - - - - - - - - - $510
Contribution margin per composite unit
Youth = $115 × 5 = $575
Adult = $460 × 9 = $4140
Recreational = $510 × 6 = $3060
TOTAL = $7775
Selling price per composite unit:
Youth = $340 × 5 = $1700
Adult = $870 × 9 = $7830
Recreational = $1060 × 6 = $6360
TOTAL = $15890
Contribution margin ratio per composite unit ;
($7,775 ÷ $15,890) × 100
0.4893 × 100 = 48.9%
Answer:
Make Eye contact, Smile every once and awhile, speak respectfully, thank them for their time after the interview is over
Explanation:
Answer: Option (A)
Explanation:
Fair values mostly tends to exist for the marketable security but this in terms does not state that this method is applicable. For instance if investor tends to control the entity with the traded equity, therefore the investment is centralized and thereby, fair-value method of accounting is not being used.
Therefore, from the given options we can state that option (A) does not precisely describes the fair value method.
Answer:
b. there are no gains from specialization and trade between the two countries.
Explanation:
If the two countries are producing goods with the same opportunity cost, then there is no need or advantage gained from the trade of goods between these two countries.
Usually, countries trade with each other if one has a comparative advantage of producing one good over the other trading country. Then in this case is can specialize in making that good and trade the excess to the other country.
However, in the case when two countries are producing apples and oranges. And opportunity cost producing orange for country 1 is one apple and same for country 2
Opportunity cost for Country 1 : 1 Apple = 1 Orange
Opportunity cost for Country 2 : 1 Apple = 1 Orange
Then countries will gain no additional benefit from specializing in one good.
Answer: $318,000
Explanation:
The amount that the property must sell to cover all costs and net the seller his desired amount would be:
= ($100,000 + $200,000 + $2100) / (100% - 5%)
= $302,100 / 95%
= $302,100 / 0.95
= $318,000.