True for that reason being when you spend to much on wants that will later almost never be used the big picture is still not finished. so in retrospect finishing the main objective is or should be your top priority.
Answer:
0.75
Explanation:
KLM corporation has a quick assets of $6,095,000
The current liabilities is $8,127,00
Therefore the acid test ratio can be calculated as follows
Acid test ratio= quick assets/Current liabilities
= $6,095,000/8,127,000
= 0.75
Answer:
MOS( in %) = 20%
Explanation:
<em>Margin of safety (MOS) determines the amount by which expected sales exceeds the break-even point (BEP). </em>
MOS can be calculated as follows:
MOS (units) = Budgeted sales - BEP
BEP= Fixed cost for the period / contribution per unit
Contribution per unit = Selling price - variable cost per unit
Contribution per unit = $10 - $5 = $ 5
BEP (units) = 100,000/ 5= 20,000
MOS (in units) = 25,000 - 20,000 = 5000 units
Margin of Safety as a %
(5000/25,000 ) × 100= 20
%
MOS( in %) = 20%
Answer: The answer is price skimming.
Explanation:
The price skimming is a form of price discrimination overtime rather than space. It is a situation where a company wants to take the advantage of some buyers willing to pay a higher price for a product than other because, To them the product has a high present value price in order to earn extra money from such buyers.
This type of objective is favoured where the following condition exist
1. There are enough buyers who want to pay higher price.
2. The higher price will not quickly attract entry by competitors.
3. The demand for the goods is highly inelastic, in cases whereby buyers are not price sensitive and therefore, do not react to higher prices.
4. If the Market is a narrow one
5. If the emphasis is not on high volume production and sales.
Your answer should be B. Contact the person a week or two in advance and ask for a convenient time to meet. If not then it should be D. Hope this helps!
