Answer:
b. $19500000.
Explanation:
Break-even point is the level of sales on which business has no profit no loss situation. The business only covers the variable and fixed cost at this point.
Total Contribution can be determined by calculating adding estimated contribution of each division.
Total Contribution ratio = (65% x 30%) + (35% x 50%) = 19.5% + 17.5% = 37%
Fixed cost = $7,215,000
Break-even point = Fixed cost / Contribution margin ratio = $7,215,000 / 37% = $19,500,000
Answer:
output would necessarily rise.
Explanation:
Tax is the amount that a government levies on its citizens to fund it's expenditure, and for the individual income tax is levied.
If the government decides to reduce personal tax, this will free up funds to engage in economic activities and make resources more productive. The individual's disposable income will increase and when invested in business activities to promote productivity.
Increased productivity will necessarily increase the output from the economy.
Answer: B. I and IV
Explanation:
A CONTROL RELATIONSHIP is defined as a situation where an issuer is controlled by the DEALER, or the Dealer is controlled by the Issuer, or there common control between the Issuer and Dealer of the security. As Mayor of Little Rock and also the Director of the Municipal Dealer, there is definitely a CONTROL relationship going on.
The Municipal Securities Rulemaking Board (MSRB) requires that when a control relationship exists between a municipal securities dealer and the issuer whose bonds are recommended by that dealer, the nature of the relationship must be DISCLOSED to the customer.
Hence option B is correct.
Answer: D. guilty of a homicide, or at least voluntary manslaughter.
Explanation:
Homicide is the act whereby a human being kills another person. A homicide can be reckless or accidental. Voluntary manslaughter is when someone else is killed unlawfully such as for self-defense.
Therefore, Trevor most probably be guilty of a homicide, or at least voluntary manslaughter.
Answer:
A.An American put option is always worth less than the present value of the strike price
Explanation:
Put option refers to a stock market instrument which gives the holder an option to sell an asset at an agreed price on or before a particular date.
Each contract covers around 100 shares for stock options.
An American call option provides the holder with the right to purchase an asset, while a put option provides the holder an option to sell it.
A European option can be implemented only at the expiration date of the option and an American option can be implemented at any time before the expiration date.
An American put option is always worth less than the present value of the strike price.
So, option A. is correct
