Answer:
Break even in miles = 8800 miles per year
Explanation:
The break even in units is the number of units that must be sold in order for the total revenue to be enough to cover total costs or in order for the total revenue to be equal to the total costs.
In the given scenario, the units are miles driven and the break even in units will be the number of miles to be driven to cover total costs.
The formula for break even in units is as follows,
Break even in units = Fixed costs / Contribution margin per units
Where,
Contribution margin per units = Revenue per unit - Variable cost per unit
Contribution margin per units = 0.42 - 0.17
Contribution margin per units = $0.25 per mile
Break even in miles = 2200 / 0.25
Break even in miles = 8800 miles per year
Answer:
Read the explanation below.
Explanation:
A. Luxury yatch: Not a lot of people buy Yactchs, but a lot of businesses are capable of making them. So more or less the buyer is in position to dictate terms. And asking the buyer to open a letter of credit may result in the loss of sale.
But to protect against the risk of losing payment, the seller can opt for export credit insurance. Here on advantage of export credit insurance is the exporter is more likely to make the sale in a competitive market such as this. If there is a default, the insurance should cushion the blow. However, Canada and California are not known for opaque or radically different legal systems, are not far away, and do not have linguistic or other barriers. In the event of default, the yatch is likely to be returned.
b. Machine tools. Again, one advantage is that the new yorker exporter is more likely to make the sale. The exporter's position however is strong due to the fact not lot of people make machine tools as the are hard to make and have a higher fixed costs.
Thus, letter credit is the most viable option in this case.
Answer:
having the right skills will increase your knowledge and it will help you increase your chances of making your business and be the boss not the worker and you could help inspire people when you do have a business with your skills
Explanation:
Answer:
correct answer is A) line extension
Explanation:
solution
correct answer is line extension because in line extension method product is publicize for goods or services under name of well established company so their order to increase the profit
they make change the variety and their flavor
as that Coca Cola Company expand their new Coke options
so correct option is A) line extension
