Answer:
c. Exchange creates value by moving goods from parties who value them less to parties who value them more.
Explanation:
Exchange is described as the process of changing some goods for some other goods.
Exchange clearly provides you with the goods you value for, and in exchange for those goods you pay the goods you do not value.
This, results in adding value to the goods acquired by you, and adds value to the goods given by you for the person to whom it is exchanges.
As for example when a cloth is purchased by me for $100 then such adds the value to cloth and because it was worth less than $100 for the seller it has added value to the cloth.
Answer:
Q= TFC/(SP-VC)
Break Even Point in Units = 1116.67 ≅1117
Explanation:
Dilts Company
Sales price $630,
Variable costs per unit $380,
Contribution Margin 300
Fixed costs $335,000
The Mathematical Equation
Q= No of units
Total Revenue= TR
Total Cost = TC
Total Fixed Costs= TFC
Variable Costs= VC
Sales Price = SP
Total Revenue= TR= Price Per unit * No Of units = SP * Q
Total Cost = TC = Total Fixed Costs + Variable Costs ( Number of Units)=
TC= TFC + VC*Q
Now according to break even the total revenue must equal the the total costs
TR= TC
SP*Q= TFC + VC*Q
On re arranging the above equation
SP*Q- VC*Q= TFC
Q(SP-VC)= TFC
Q= TFC/(SP-VC)
Number of Units=Total Fixed Costs/Sales Price- Variable Costs
b) Break Even Point in units = Fixed Costs/ Contribution Margin per unit
Break Even Point in units = Fixed Costs/ (Sales- Variable cost)
Break Even Point in Units = $335,000/ 300= 1116.67 ≅1117
Answer:
5.97%
Explanation:
Profit margin is an example of profitability ratio
profitability ratio measures the ability of a firm to generate profit from its assets
Profit margin = net income / sales
= $23,000. / $385,000,
Answer:
The answer will no D .All of the above .
Answer: Results outcome
Explanation:
Just Born found that the improvement process emphasized in the management leadership program saved the company millions of dollars. This is an example of a results outcome.
This shows that the improvement process emphasized in the management leadership program brought about a positive outcome.
