Answer: Market Economy
Explanation:
A country in which the economic decisions are majorly controlled by individuals or private companies is a market economy.
A market economy is an economic system where there is very little government interference which is in the form of regulations, the economy is controlled mainly by private individuals and production is determined by the forces of demand and supply.
Answer:
2.45
Explanation:
Given that,
Stockholders equity book value = $750,500
Earnings per share = $3.00
Price-earnings ratio = 12.25
Common stock outstanding = 50,000 shares
Market price per share:
= Earnings per share × Price-earnings ratio
= $3.00 × 12.25
= $36.75
Equity book value per share:
= Stockholders equity ÷ Common stock outstanding
= $750,500 ÷ 50,000
= $15.01
Price-book ratio:
= Market price per share ÷ Equity book value per share
= $36.75 ÷ $15.01
= 2.45
With sales of 9,000 units, contribution margin per unit of $32 and fixed costs total of $120,000, Lance's profit is $168,000.
<h3><u>
What is contribution margin?</u></h3>
- A gross or per-unit basis might be used to express the contribution margin.
- It indicates the additional revenue made for each product or unit sold after the variable element of the business's costs have been subtracted.
- The selling price per unit less the variable cost per unit is the contribution margin.
- The metric, also known as dollar contribution per unit, shows how a specific product affects the company's overall earnings.
Contribution margin offers a means of demonstrating the potential for profit of a specific product being offered by a business and displays the percentage of sales that goes toward paying the business' fixed costs. Profit is the amount that remains after fixed expenses have been paid.
Number of units sold = 9,000.
Contribution margin per unit = $32.
Expenses = $32 × 9000 = $2,88,000.
Profit = $2,88,000 - $120,000 = $1,68,000.
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Answer:
Base Operating Supply System
Explanation:
lol
Answer:
Help or Advice
Explanation:
Smart entrepreneurs regularly seek HELP or ADVICE from consultants or a board of directors.
As a smart entrepreneur, seeking help from consultants or a board of directors is a good way to go to elevate the business.
The consultant or board of directors can help in many ways, some of which includes:
1. Carry out an analysis of the market conditions.
2. Give credible advice about technological innovation.
3. Recommend ideal product or service changes.
4. Assists in forecasting trends.
5. Assists in developing profitable ideas or trends.
6. Give honest and reliable advice.