Answer:
Break-even point (dollars)= $2,218,919
Explanation:
Giving the following information:
Fixed costs= $821,000
Variable costs rate= 63%
<u>If the variable cost rate is 63%, then the contribution margin rate is:</u>
Contribution margin ratio= 1 - 0.63
Contribution margin ratio= 0.37
<u>Now, the break-even point in sales revenue:</u>
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point (dollars)= 821,000 / 0.37
Break-even point (dollars)= $2,218,919
Marketing of a boat cleaning company needs to account for targeting a segment of population that owns boats.
Explanation:
Here, in simple terms, the marketing strategy is missing the people it was supposed to target for their marketing.
The company working in the niche has to target boat owners specifically, which the marketing fails to do.
<u>Segmentation is an activity in which a wide net of marketing population is marketed to and then the clients are filtered out.</u> This is not a very effective method but it was essentially trying to <u>find which people look out for the service the company provides.</u>
Answer:
a. The Bid/Ask spread is $0.03.
b. The statement is “False”.
c. The Bid/Ask spread at the time trade was executed is $0.02.
d. The Total Round-Trip Transaction Costs is $107.90 and the Bid/Ask spread is $0.09. It is important to have a lower commission charge. So the correct statement is “Statement C”.
Explanation:
Please check the file attached below to see the solution to given question
Answer: c. Country X
Explanation:
Under the Citizenship approach to tax jurisdiction, income accrued will be taxed in the country the company is incorporated in as it is viewed as a "company citizen" of that country.
As such, the dividends in the question will be taxed in Country X which is where Company A was incorporated.
<u>Answer:</u>
The given statement is TRUE
<u>Explanation:</u>
It has always been seen that a worker always prefer to work in an organization in which he gets highly paid whereas if it is seen from the company point of view, then the company always prefers to hire such an employee whose cost is compartively lesser. In order to lower the expense or the cost, multinational companies always prefers to give or allocate thier work to other countries where the labor cost is low.