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alex41 [277]
3 years ago
15

Now click on the BACKPACK tab. As you select each design component, you will add to the DESIRABILITY of your backpack and its PR

ODUCTION COST. Our financial team has asked us to aim for a production cost that is 50% of the retail price. Knowing that the average retail price is around $24, what is a reasonable production cost for a backpack in this segment
Business
1 answer:
Sloan [31]3 years ago
8 0

Answer: $12

Explanation:

The reasonable production cost for a backpack in this segment will be calculated as 50% multiplied by the average retail price which will be:

= 50% × $24

= 50/100 × $24

= 0.5 × $24

= $12

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Lawrence Wright is slow in math. He has before him the equation of (ending value minus beginning value) and income return totall
Aleks [24]

The equation of (ending value minus beginning value) and income return totalled, then divided by beginning value is used to find "rate of return".

<h3>What is income returns?</h3>

The portion of a fund's total returns that came through income distributions is known as the income return. For bond funds, income return will frequently be larger than capital return, while for stock funds, it will typically be lower. The fund's total return is calculated by adding the income return and the capital return together.

Rate of Return- The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR).

Some key features of rate of return are-

  • ROI is computed by first dividing the net return by the investment's cost, then multiplying the result by 100. This new number, which represents the net return, is then obtained by subtracting the investment's original value from its final value.
  • According to conventional thinking, a fair return on an investment in stocks is one that is at least 7 percent annually. Additionally, this relates to the S&P 500's average annual return when inflation is taken into account.

To know more about internal rate of return, here

brainly.com/question/24301559

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7 0
2 years ago
Drafi Arts Corp. makes and sells original handicraft products. The management of the company has been successfully using a niche
Lerok [7]

Answer:

It only serves a limited geographic market.

Explanation:

In this regard, it can be said that the company Drafi Arts Corp serves a limited geographic market, because it is a company that has been using a successful niche market strategy for years, which means that it manages to meet a demand for handicrafts from location, which sets up its strategy to serve a specific market.

4 0
3 years ago
Colin told the management team that their Ohio-based company should produce the textiles for the new line of jackets in China be
ELEN [110]

Answer:

Free trade.

Explanation:

This theoretical policy can be explained to be certain laws under which the government is seen to impose absolutely no tariffs, taxes, or duties on imports, or quotas on exports. Therefore, it is directly seen to be the opposite of protectionism, a defensive trade policy intended to eliminate the possibility of foreign competition. It is seen in terms of unrestricted measures in importation and also exportation of goods in and out of a country.

In the world of our own, which is of the recent times, this policy implementation is done by means of a formal and mutual agreement of the nations which are seen to be involved. Also this policy in some cases may simply be the absence of any trade restrictions.

7 0
3 years ago
Blossom Company purchased equipment for $303,200 on October 1, 2020. It is estimated that the equipment will have a useful life
givi [52]

Answer:

Answer A  =  $9,000  

Answer B  =  $6,400  

Answer C   =  $7,632  

Answer D   =  $54,000  

Answer E   =  $71,063

Explanation:

[ find attachments for complete solutions]

Note: Complete question is attached to the attachment section

5 0
4 years ago
If a business is not making a profit, the entrepreneur knows that ________. no one wants to buy the product/service he/she is no
igor_vitrenko [27]
<span>b. he/she is not making good use of scarce resources</span>
5 0
3 years ago
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