Answer:
$1.5 million
Explanation:
The computation of break even sales in dollars is shown below:
= (Fixed expenses) ÷ (profit volume ratio)
where,
Contribution margin = Sales - Variable expense
= $2,500,000 - 1,050,000
= $1,450,000
And, Profit volume ratio = (Contribution) ÷ (sales) × 100
So, the Profit volume ratio = ($1,450,000) ÷ ( $2,500,000) × 100 = 58%
And, the fixed expenses is $870,000
Now put these values to the above formula
So, the value would equal to
= ($870,000) ÷ (58%)
= $1.5 million
<span>Governments use administrative trade policies to boost exports and restrict imports.
When the do this, they are helping producers but hurting the consumer. The administrative trade policies are taking away goods that consumers want by not allowing them to purchase or import the item.</span>
Answer:
$1,479
Explanation:
For computing the total deposit, first we have to determine the bank charges which is shown below:
= Merchandise sold × bank charges rate
= $1,500 × 1.4%
= 21
Now the total amount deposited would be
= Merchandise sold - bank charges
= $1,500 - $21
= $1,479
Simply we deduct the bank charges from the Merchandise sold so that the correct amount can come.
Answer:
(C) The Firm's stock is overvalued and one should consider selling the stock
Explanation:
Price Earnings Ratio is a measure of market price of stock in relation to it's earnings. It shows how well a company's stock is valued in the market.
Price Earnings Ratio = 
A high price earnings ratio would lead investors to believe that the firm's stock prices are higher than it's earnings which means the stock prices are overvalued.
This further means, the market price of those stocks is greater than their fair value and it would be beneficial to investors to sell such stocks as it would result into a gain.
Thus, a higher price earnings ratio will lead investors to infer that the firm's stock is overvalued and one should consider selling the stock.
Correct/Complete Question:
What is the time of the slowest workstation in a production system?
A. utilization
B. bottleneck time
C. effective capacity
D. throughput time
Answer:
B, bottleneck time
Explanation:
A bottleneck in a production system refers to a constraint in the production system where supply takes the longest time to meet up with demand for a particular good.
In the production processes, bottleneck time is the time takencapacity of the ful in a certain process of production as a result of the limited capacity of the process, thereby reducing the entire production chain.
Simply put, a bottleneck is a delay in time of one of the production process thereby slowing down the entire production system.
Cheers.
