Answer:
$29.50
Explanation:
Contribution margin = price - variable cost
Variable cost if machine is purchased = $24.00 - $3.50 = $20.50
= $50.00 - $20.50 = $29.50
I hope my answer helps you
Answer:
transnational
Explanation:
According to my research on different business strategies, I can say that based on the information provided within the question it seems as though Mystic Co. is a firm that successfully pursues a transnational business strategy. This is a strategy in which a business sells it's products across various nations, each of which is has a personalized approach when it comes to selling and marketing the product in that nation. Which seems to be the case with Mystic Co. since they are a very successful business that sells it's products in more than 25 different countries and since it is a fashion store it has to adapt to each countries unique styles.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
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Answer:
A company comparison should not be made with industry averages if the company does not clearly fit into any one industry.
Explanation:
In Business management, it is important to note that many companies will not clearly fit into any one industry.
Hence, when using industry averages, it is often necessary to use an industry that the firm best fits rather than randomly picking up any industry. Additionally, the analysis of an organization's financial statements would be more meaningful if the results are compared with industry averages and with results of competitors.
Any financial service sought after, should use its best judgment by analyzing and identifying which industry the firm best fits.
Answer:
The correct answer is letter "C": music downloads and CDs are substitutes, and music downloads and MP3 players are complements.
Explanation:
Substitute goods or services are competitors. The use of one of them represents the replacement of the other. On the other hand, complementary goods are those that work better together. Typically, the demand in one of them is directly proportional to the demand of the other. It means, if more of product "A" is bought, more of product "B" will be purchased and vice versa.
Thus, <em>for Phil CDs and music downloads are substitutes while music downloads and MP3 players are complements.</em>
