Answer:
Demographic
Explanation:
A market is segmented so as to narrow down a large market into a narrow base, or a target market. This helps the organization to be better focused on providing its services to these target groups of people. A market can be segmented on the basis of demography, psychography, behavior, and geography. Demography deals more with statistical data of the population being studied and would typically include; age, gender, race, income levels, etc.
So, when the manufacturer Mike and Ike changes its packaging and developed contests all geared to 12-17-years-old, he has segmented the market according to demography and age.
The organization that works with companies on recalls of unsafe products is known as The Consumer Product Safety Commission (CPSC)
<h3>What is Consumer Protection?</h3>
This refers to the agency or body that is charged with the quality of goods and/or services that consumers buy and use.
Hence, we can see that the Consumer Product Safety Commission (CPSC) in America is the agency that is charged with helping with the safe recall of defective or unsafe products to protect the consumers.
Read more about consumer protection here:
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Answer:
Contribution margin per unit = $7.8
Contribution Margin Ratio = 60% or 0.6
Total contribution margin at 2250 units = $17550
Explanation:
The unit contribution is the difference in the unit selling price and unit variable cost for a product.
The unit contrbution margin for Red Hawk = 13 - 5.2 = $7.8 per unit
The contribution margin ratio simply represents the unit contribution margin as a percentage of selling price.
The contribution margin ratio = contribution margin per unit / selling price per unit
For Red Hawk CM Ratio = 7.8 / 13 = 0.6 or 60%
Total Contribution margin at 2250 units = 7.8 * 2250 = $17550
Answer:
A) it identifies all the revenues and expenses of the business.
Explanation:
A business balance sheet refers to a financial statement which lists the assets (what the business owns), liabilities (what the business owes) and owner's equity (the money left over for the owners) at a particular time.
The balance sheet is also called the statement of financial position since it summarizes the financial position of a firm or business.
