Answer: a.$10,904 increase
Explanation:
Operating income before sales increase:
= Sales - Variable costs - Fixed costs
= 551,000 - (71% * 551,000) - 207,000
= -$47,210
Operating income after sales increase:
Sales increases to:
= 551,000 + 37,600
= $588,600
= 588,600 - (71% * 588,600) - 207,000
= -$36,306
Difference:
= -47,210 - (-36,306)
= Increase of $10,904
Economies of scale and intra-industry trade combine to produce variety for customers.
Industry (Economy), broadly classified
Industry (Manufacturing), a specific industry, usually in a factory with machinery. A broader industrial sector of the economy that includes the manufacture and production of other intermediate or final products.
General Characteristics of Industrial Society and Modes of Production
Industrialization, Transformation into Industrial Society
Industrial Classification, Classification of Economic Organizations and Activities.
An industry is a group of companies related by their primary business activities. There are dozens of industrial classifications in the modern economy. Industry classifications are usually grouped into larger categories called sectors.
Learn more about industry here
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Answer:
44
Explanation:
according to the constant dividend growth model
price = d1 / (r - g)
d1 = next dividend to be paid
r = cost of equity
g = growth rate
2.2 / 0.1 - 0.05 = 44
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<span>Now we have decided to change our market strategy to one which has taken the form of team management. We have best decided to change from one overall manager to smaller, self managed teams which we believe will be better for the company and the productivity of the team and show overall improvement. We hope that we will have your continued support on this matter.</span>
