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dezoksy [38]
3 years ago
7

What is the basis or economics

Business
1 answer:
lesantik [10]3 years ago
7 0

Answer:

Explanation:

At the most basic level, economics attempts to explain how and why we make the purchasing choices we do. Four key economic concepts–scarcity, supply and demand, costs and benefits, and incentives–can help explain many decisions that humans make.Feb 16, 2020

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An employee who is entitled to a fair hearing in the case of a dismissal from a job is an example of
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Cost-Volume Profit Analysis Recline Company is planning to produce and sell 11,250 units of its only product at a unit price of
Anarel [89]

Answer:

Calculate Recline’s contribution margin ratio.  

Contribution Margin RATIO  34%

Calculate the break-even point in sales dollars for Recline.    

Break-Even Point  $1.030.556

Explanation:

  • The contribution margin it's determined by the total amount of Gross Profit divided by the total value of sales. To this case $405,000/$1,192,500 = 34%

      Income Statement

11.250       Quantities

$106          Unit Price

$1,192,500 Sales

-$787,500 Cost of goods sold

$405,000 Contribution Margin  34%

-$281,250 Fixed Cost

$123,750 Operating Income

  • The Break Even point it's when the Operating Income is equal to zero, it means the lowest level of sales the company can afford and not loss money.

 BREAK EVEN POINT

9.722        Quantities

$106         Unit Price

$1,030,556 Sales

-$787,500 Cost of goods sold

$243,056 Contribution Margin

-$243,056 Fixed Cost

$0            Operating Income

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4 years ago
When is it acceptable under NASAA rules for an IAR to exercise discretionary authority over the account of an investor?
Fofino [41]

Answer:

B) If the IAR receives authority via telephone and this is followed by written authority within 10 days, the IAR may exercise discretion over the account.

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The members of the North American Securities Administrators Association (NASAA) must follow their Model Rule which allows IAR the use of discretionary authority with verbal authorization (in this case a telephone call), but the verbal authorization must be confirmed by a written authorization within 10 days.

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Answer:

it's true

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