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
Technology innovates more and more products in this century. It makes the lives of people much easier. Therefore, they are attracted to buy such products that are directly offered by these companies who have hired technicians and scientists to innovate products. Or, another case would be that they have bought these technologies from companies that have sold it to them. Technology provides efficiency and therefore, it makes an effective solution to attract consumers, or customers in the process.
Success is subjective. For some, success is their income, for others it is the size of their house, for some it is what car they own, for some it is what kind of family life they have, for some it could be how happy they feel on a daily basis (basically if they are happy or not), etc. Success for a person may depend on their dreams and goals.
For a Business, success could be either maximizing profits, or maximizing sales, or maximizing customer satisfaction, or maximizing shareholder/owner satisfaction, or maximizing employee satisfaction, etc. Success for a Business depends on its corporate objectives.
I had to look for the options and here is the answer. The concentration ratio that is being referred to the description above is 80%. This means that the industry consists of five identical firms and the four-firm concentration is being referred to. Hope this answers your question.
Answer:
<u>a. True</u>
Explanation:
The term foreign direct investment (FDI) is basically used to classify the number of capital investments and other non-financial investments made by foreign companies into a host country.
For example, if the U.S receives witnesses an increase in new Chinese-owned businesses in the past year, then those investments amount once quantified would make up part of the U.S foreign direct investment (FDI) for the year. This would come would benefit, while also carrying some cost such as having an unfavorable balance of payment.
