Answer:
Overall sacrifice
Explanation:
Price is associated with the amount of money that a consumer have to pay to purchase a articular product. Overall sacrifice is that amount of money which is sacrificed by the consumer to acquire a particular product or service. Price of the product is set by the seller in the market and it is totally depends upon the willingness of the consumer to buy the product at the prevailing prices or not.
Answer:
Assuming that no changes happened, 2020 sales and expenses should be similar to 2019's:
Total Per unit
Total sales $1,842,400 $28
Variables costs <u>($1,184,400)</u> <u>($18)</u>
Contribution margin $658,000 $10
Fixed costs <u>($498,000)</u> <u>($7.57)</u>
Operating income $160,000 $2.43
Answer:
They decided to set up a partnership.
Explanation:
Two persons agreeing to share the <em>risks</em> and <em>profits</em> of their business
Answer:
$0.4433 and $0.425
Explanation:
The computation of the earning per share is shown below:
Earning per share is
= (Net income - preference dividend) ÷ (average shares outstanding)
For 2017, it is
= ($156 - $23) ÷ (300 shares)
= $0.4433
For 2018, it is
= ($188 - $18) ÷ (400 shares)
= $0.425
We simply applied the above formula so that the earning per share could be come for both the years
