Answer:
$10.00
Explanation:
Calculation to determine The selling price that would maintain the same contribution margin ratio as last year is
Based on the information given since variable cost increased by one-third (1/3) which means that the selling price amount has to as well increase by the same one-third (1/3) in order to maintain the same contribution margin ratio as last year.
Hence:
Selling price =$7.50+(1/3*$7.50)
Selling price=$7.50+$2.50
Selling price=$10.00
Therefore The selling price that would maintain the same contribution margin ratio as last year is $10.00
Answer:
2020:
Sales revenue = Net Sales + Sales returns
= 345,615 + 13,790
= $359,405
Freight-In = Cost of goods sold - Beginning inventory - Purchases + Purchase returns + Ending inventory
= 252,735 - 34,400 - 260,690 + 43,065 + 7,410
= $8,120
2021:
Beginning inventory = Ending inventory 2020 = $43,065
Gross Profit on sales = Net sales - Cost of goods sold
= 396,103 - 292,523
= $103,580
Answer: Radical
Explanation:
Radical writers argue that the multinational enterprise (MNE) is an instrument of imperialist domination. They see the MNE as a tool for exploiting host countries to the exclusive benefit of their capitalist-imperialist home countries. They argue that MNEs extract profits from the host country and take them to their home country, giving nothing of value to the host country in exchange.
Answer:
The correct answer is letter "B": A retirement fund set up to pay a series of regular payments.
Explanation:
An annuity is a <em>financial product intended to pay a fixed sum of cash in the future</em>. Annuities are usually used to guarantee regular income in later years as a retirement fund. When an individual purchases an annuity, the individual agrees to pay a lump sum in advance or to make a regular schedule of deposits to a financial institution that is usually an insurance company.
The answer is "cause and effect" and "risk and benefit" terms to study the opportunity cost. The opportunity cost is a term used for describing the cost that might be occurred from choosing several options. Each of the options has its "cause and effect" and "risk and benefit" to consider in order to determine the opportunity cost.
