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rjkz [21]
3 years ago
5

Miracle Clean's variable costs are $3.00 per bottle and Fixed Expenses are $350,000 per year. The company currently sells 150,00

0 bottles for $6.50 which results in profit of $175,000. The company is considering raising the selling price to $7.00 per bottle which is expected to decrease sales by 20%. If the price is raised, the number of units that must be sold to keep the profits unchanged is
Business
1 answer:
DerKrebs [107]3 years ago
7 0

Answer:

131,250= number of units

Explanation:

Giving the following information:

<u>We need to calculate the number of units to be sold to maintain a profit of $175,000.</u>

Unitary variable cost= $3

Fixed expenses= $350,000

Selling price= $7

Net income= total contribution margin - fixed cost

175,000= number of units*(7 - 3) - 350,000

525,000 = number of units*4

525,000 / 4= number of units

131,250= number of units

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Corporate social responsibility: Group of answer choices
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Answer:

Letter e is correct.<em> Extends beyond ethics to include community, environment, and human rights</em>

Explanation:

Corporate social responsibility refers to the voluntary commitment that companies have to make a contribution to the development of the society in which it operates, in addition to reducing its environmental impacts and ensuring the preservation of human rights. This is when the company implements beneficial actions that exceed those required by law.

In a globalized world, there is legal pressure from consumers, institutions, NGOs and the media to make companies not only profitable but also voluntary contributors to building a more egalitarian society.

The benefits added to companies that practice corporate social responsibility are diverse, with emphasis on improving community value and improving stakeholder satisfaction and perception.

5 0
3 years ago
Dexter has recently joined an organization. His trainer, ken asks dexter to follow certain processes to complete his work faster
ICE Princess25 [194]

Answer:

Ethos

Explanation:

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This can also come as a result of ones position and in the environment where he is communicating or because of his expertise and skills and knowledge in the subject of communication which actually convince the listeners that you are more knowledgeable.

Ken's position as Dexter's trainers makes allows his credibility to Ken.

7 0
4 years ago
Martha realizes that the microwave she bought is faulty after a month of purchase. The manufacturer of the microwave asks Martha
Svetach [21]
D.buy a new microwave
4 0
3 years ago
Read 2 more answers
The market price of an $1,000,000, ten-year, 12% (pays interest semiannually) bond issue sold to yield an effective rate of 10%
lisabon 2012 [21]

Answer:

Bond price= 1,124,622

Explanation:

Giving the following information:

Face value= $1,000,000

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YTM= 0.1/2= 0.05

<u>To calculate the bond price, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 60,000*{[1 - (1.05^-20)] / 0.05} + [1,000,000 / 1.05^20]

Bond Price​= 747,732.62 + 376,889.48

Bond price= 1,124,622

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3 years ago
Individuals who are paid by someone in exchange for labor or service are referred to as:_____.
forsale [732]

Service providers are individuals who are paid by someone in exchange for labor or service  An organization that offers services to other organizations, such as consulting, legal, real estate, communications, storage, and processing, is known as a service provider (SP). A service provider is typically a third-party or outsourced supplier, though it is possible for it to be a member of the company it supports.

A organization might hire advisors, independent consultants, law companies, design studios, and investment banks as examples of prospective service providers. Service providers are people or businesses that offer services to businesses and other parties. They offer network, processing, and storage services.

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7 0
2 years ago
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