Answer:
25%
Explanation:
Given:
Seth has a monthly income of $2,500
He has a $400 car payment
He owes $225 on electronic equipment.
Question asked:
What is the percentage of Seth's income he is paying out in debt payments?
Solution:
He has a car payment = $400
He owes on electronic equipment = $225
<em>These two items are treated as debt for Seth as these items are used first then pay for it.</em>
Total debt = $400 + $225
Total debt = $625
Now, we will find percentage of Seth's income he is paying out in debt payments,
Therefore, 25% of Seth's income he is paying out in debt payments.
Answer:
True
Explanation:
In a perfectly competitive market, all producers sell identical goods or services. Additionally, there are many buyers and sellers. Because of these two characteristics, both buyers and sellers in perfectly competitive markets are price takers. Market price is set by the forces of demand and supply.
If the seller attempts to set his own price and sets it above the market price, the seller would lose all its customers and make zero sales.
If the seller attempts to set his own price and sets it below the market price, the seller would make losses .
I hope my answer helps you.
Answer:
Variable costs
Explanation:
Variable costs is the term that describes business costs that vary with the production level. An increase in output increases the variable costs. Variable costs are progressive and increase or decrease with the production volume.
Examples of variable costs include raw material and distribution costs. Variable costs contrast with fixed costs, which remain constant throughout a financial period.
Answer:
Plain = 450 per month
Flavored = 1800 per month
Explanation:
We will calculate the breakeven in composite units first and then separate the into both products to find out individual number of both products that needs to be sold to break even.
The breakeven in units = Fixed cost / composite contribution margin
The composite contribution margin per unit = Contribution of Product 1 * weight of product 1 + Contribution of product 2 * weight of product 2
Thus, the composite contribution margin (CM) per unit for Popped is,
CM per unit-composite units = (2-0.8) * 1/5 + (4-2.5) * 4/5 = $1.44 per unit
The breakeven in units = 3240 / 1.44 = 2250 units per month
Out of this,
Plain = 2250 * 1/5 = 450 unts
Flavored = 2250 * 4/5 = 1800
Part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.
<h3>
What is the B2B partnership?</h3>
- A B2B partnership is a collaboration between two or more businesses with the aim of creating a win-win situation that will sustain growth and provide substantial value to all parties.
- This might take the form of opportunities for product development, marketing, or general corporate growth.
<h3>
What is the reseller market?</h3>
- The market is made up of wholesalers and merchants that purchase goods to resell.
- A reseller purchases goods with the intention of reselling them for a profit later.
- Since resellers buy products and services in bulk from suppliers, they frequently get deals.
- Then, through the process of resale, resellers establish a connection between producers and customers, delivering goods and services to customers.
- These include supermarkets, department stores, and specialist shops like those that provide pet supplies or home improvement products.
Therefore, part of the new strategy to save the company was to establish B2B partnerships with companies such as 7-Eleven and Fiat, in order to tap into the robust reseller market.
Know more about wholesalers here:
brainly.com/question/7062667
#SPJ4
