Answer:
You would want to work for one because it had a lower chance of getting closed or loosing money. A positive is wiser spending. A con is not taking all the risks.
Explanation:
Hope this helps!
Answer: 1.27
Explanation:
The acid test ratio of a company measure how well a company would be able to pay off its current liabilities using its most liquid current assets (current assets less inventory).
= (Cash + Accounts Receivable) / Current liabilities
= (40,000 + 55,000) / 75,000
= 95,000 / 75,000
= 1.27
Answer:
The correct answer is B,C,D,E
Explanation:
The basic activities of marketing consists of the following;
Marketing research and target market analysis, cost/benefit analysis, benchmarking - a process of measuring a business's performance and standard against competitors and rivals and thus conducive to winning in the marketplace, and Pricing, distribution, and human resource management (HRM).
Customer analysis, selling products and services, and product and service planning are also basic activities of marketing.
Answer:
Total revenue at breakeven is $1,508,042
Explanation:
Breakeven point in units = Fixed cost / Selling price -Variable cost per unit
Breakeven point in sales revenue = Fixed cost / (Selling price* x)- (Variable cost per unit * x)
In this case,
Fixed cost= $1.5 million
Selling price =$75
Variable cost per unit =40 cents
Breakeven point in units = 1,500,000 million/ 75 -0.4
Breakeven point in units = 20,107
Breakeven point in units sales = 20,107 * 75
Breakeven point in units sales = $1,508,042
Answer:
b. $311,600
Explanation:
For the computation of total contribution margin first we need to find out the contribution margin per unit which is shown below:-
Contribution Margin per Unit = Contribution Margin ÷ Units Sold
= 319,200 ÷ 8,400
= $38
Total Contribution Margin = Contribution Margin per Unit × Units Sold
= $38 × 8,200
= $311,600
Therefore for computing the total contribution margin we simply applied the above formula.