Answer:
40 %
Explanation:
Contribution Margin = Contribution ÷ Sales
Where,
Contribution = Sales - Variable Costs
= $650 - $390
= $260
Therefore,
Contribution Margin = $260 ÷ $650
= 0.40 or 40 %
Higher interest rates mean that if you invest money in a given currency, you will get a bigger return of this money. So higher interest rates attract people to this currency, especially to place their savings in this currency.
This will mean that people will buy this currency: the demand for it will increase, and with an increased demand, the value of the currency will increase.
So higher interest rates are a force that will lead to an increase of the value of this currency. Together with other forces that will lead to a decrease of this value, they will lead to a fluctuation in the exchange rate.
A cash reserve is a money that your company has in the bank in case of unexpected financial needs or in case the sales slow down. This money will help the company sustain all the needed expenses during the time that the COmpany is going through a financial issue.
Answer:
Management has its share of perks and rewards. Managers are usually in a better position to influence and lead change. In most organizations, being a manager means a better compensation package and not having to sit in a cubicle. Most importantly, there’s nothing like the satisfaction of helping an individual or team reach their goals and perform at their best. Read more
Explanation:
My friend's marketing plan should be:
- Where she wants to sell her product.
- Description of the people in her target market.
<h3>What is marketing plan?</h3>
These are plans a business devise to sell or advertise its products. The purpose of the plan is to help identify the target market and how best to reach them.
Hence, she should put in these her plan; where she wants to sell her product and a description of the people in her target market.
Learn more about marketing plan here: brainly.com/question/9027729
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