Answer:
$65,333
Explanation:
As we know,
Sales price = Variable cost + Contribution cost
Sales price = Variable cost ratio + Contribution margin ratio
100% = 30% + Contribution
Contribution = 100% - 30%
Contribution = 70%
Fixed cost = $19,600
Break even sales = Fixed cost / Contribution margin ratio
Break even sales = $19,600 / 30%
Break even sales = $19,600 / 0.3
Break even sales = $65,333.
Answer:
A. An investing activity.
Explanation:
In the statements of cash flows for a given period end, the difference between the opening and closing cash balances for a period is recognized in 3 buckets of activities. These are operating, investing and financing activities.
When an asset is sold for cash, the proceed received from the sale is recognized as an inflow of cash in the section of investing activities in the cash flow statements.
Answer: (C) Product
Explanation:
A marketing program is one of the type of business strategy in which the various types of activities are get performed for achieving the main objective of the business in an organization.
It is basically consist of the various types of plans, strategies and the activities in which the product of the company is promoted in the market.
The marketing programs plays an important in the business as it helps in establishing the good relationship with the customers where the products are offered in the market.
Therefore, the firm product is known as the heart of the marketing program that are tangible offer in the market.
Recreation resorts are not only the ones to offer the sports and other recreation activities as there are other resorts as well to provide with such facility.
<h3>What are recreation resorts?</h3>
Recreation resorts refers to those resorts which facilitates us with receration activities such as running, dancing, swiming, mediatation, walking, short term sports etc.
There are other resorts such as hills stations, beach resort, luxury resort, economy resort etc.
Thus similar kind of activities are provided in other resorts as well with there unique features.
Learn more about resorts here:
brainly.com/question/19582915
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Answer:
What is the initial cost of the project?
the initial cost or initial outlay = $100
how much value is created?
the NPV of the project = -$100 + $50/1.1 + $50/1.1² + $50/1.1³ = $24.34
the NPV basically gives us how much value or wealth is created by the project
and what would you be willing to sell the project for?
selling price = $124.34 (= initial outlay + NPV)
