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Effectus [21]
3 years ago
10

The lowest point in a business cycle, which follows a period of economic decline, is called a(n)

Business
1 answer:
nydimaria [60]3 years ago
8 0

Answer:

Depression/Trough

Explanation:

The lowest point in a business cycle is called depression (or trough). At this point, the unemployment rate would be the highest and the investment/consumption level would be very low. The price level would also be low.

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Big Chill, Inc. sells portable dehumidifier units at the current price of $184. Unit variable costs are $85. Fixed costs, made u
Likurg_2 [28]

Answer:

$6,014,384

Explanation:

Break even point is the level at which a firm makes neither profit nor a loss. This is the point where Profit = $0.

Break even units = Fixed Costs ÷ Contribution per unit

therefore,

Break even units = $3,236,000 ÷ ($184 x  $85)

                              = 32,687 units

thus,

Breakeven Sales = 32,687 units x $184 =  $6,014,384

3 0
3 years ago
M1 includes more than just currency because
MariettaO [177]

Answer: Option (A) is correct.

Explanation:

Correct Option: Other assets can also be used to make transactions to buy goods and services.

M1 = Currency with public + check-able/Demand deposits + other deposits with RBI

It includes more than just currency with public because there are some other assets as well which are highly liquefied and helps people in buying goods and services.

Check able deposits is one of the component of M1, other than currency with public. People can withdraw these deposits at any point of time which people generally used make transactions for buying goods and services.

6 0
3 years ago
New Products pays no dividend at the present time. Starting in Year 3, the firm will pay a dividend of $.25 per share for two ye
maksim [4K]

Answer:

$3.56

Explanation:

Please see attachment .

8 0
4 years ago
At a sales level of $270,000, the magnitude of operating leverage for the Cake Factory is 2.8. If sales increase by 15%, profits
hichkok12 [17]

Answer:

Increase in profit will be 42 %

So option (C) will be correct answer

Explanation:

We have given sales level is $270000

Operating leverage for the factory is given 2.8

It is given that sales is increased by 15 %

We have to find that by how much percentage profit will increase

Increase in profit percentage is given by multiplication of operating leverage and increase in profit sale

So increase in profit will be equal to 2.8 ×15 = 42 %

So option (C) will be correct answer

5 0
3 years ago
Karla makes a pitch to her supervisor about changing their company's stance on recycling but finds out after the pitch meeting t
umka2103 [35]

Answer:

Knowing the supervisor's knowledge

Explanation:

In making a pitch about a particular idea it is important to to follow the steps of advocacy in order to effectively promote the idea and get a positive result.

In the given scenario Karla makes a pitch to her supervisor about changing their company's stance on recycling.

The steps to follow are:

- identify a challenge or opportunity

- determine your audience

- find out what they already know or perceive

- determine how receptive they are

- establish objectives for the audience

- define points for the audience

- determine channel of communication

- decide on needed resources

- set timelines for activities

- evaluate success

Karla did not know her supervisor was already considering a change to the recycling policy.

So she failed to determine her Supervisor's knowledge of the situation.

4 0
3 years ago
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