Answer:
$304,600
Explanation:
Break-even point = Fixed cost / Contribution margin
Break-even point = $121,840 / 0.4
Break-even point = $304,600
Therefore, the break-even point is $304,600
Answer:
The correct answer is the option B: top management can concentrate on issues such as overall strategy, lower-level managers have low motivation and job satisfacttion due to increased responsibility changes in the operating environment can be responded to rapidly lower-level managers are trained for higher positions.
Explanation:
To begin with, the fact that a organization is decentralized means that the decision making process tends to be more cooperative between the different members of the different levels of the organization and also that they tend to decide for they own area. Therefore that it also means that top management can concentrate on issues such as overall strategy and that the lower-level managers can be trained for higher positions when there are changes in the operating environment in order to establish a better organization.
Answer:
Private saving = $2 trillion
Public saving = $1 trillion
Explanation:
Private saving = GDP - Taxes + Transfer payments - Consumption spending
= Y - T + TR - C
= $11 - $2 + $1 - $8
= $2 trillion
Public saving = Taxes - Government spending - Transfer payments
= T - G - TR
= $2 - $0 - $1
= $1 trillion
Therefore;
Private saving = $2 trillion, Public saving = $1 trillion
Answer:
Entrepreneurs. people who own, operate, and take the risk of a business venture.
Answer:
The correct option is D
Explanation:
LIBOR termed as London Interbank Offered Rate, which is the rate of interest at which the major banks globally lend to another bank in the international market for the loans which are short- term in nature.
LIBOR, serves or states as the accepted key interest rate globally , which states the cost of borrowing among the banks.
Therefore, LIBOR, is the term which is the interest rate charged by banks in London to lend money among themselves.