Its C. All choices involve cost
Answer:
the break even point is $28,000.00
Explanation:
The computation of the break even point is given below:
= Total fixed expenses ÷ contribution margin ratio
= $9,800 ÷ (1 - 0.65)
= $9,800 ÷ 0.35
= $28,000.00
Hence, the break even point is $28,000.00
We simply applied the above formula
Answer:
a. identify strategies that exploit external opportunities, counter threats, build on strengths, and eradicate weaknesses.
Explanation:
SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats.
It is used to assess an organization's competitive strength and to devise strategies accordingly.
Strengths relate to an organization's specialization which provides a competitive edge to it.
Weaknesses refer to shortcomings or limitations of an organization. Weaknesses could be inherent.
Opportunities refer to favorable situations available at the disposal of the organization which it must seize immediately.
Threats relate to dangers arising out of changes in the business environment.
The aim of SWOT analysis activity is to come up with those strategies which make the most out of available opportunities, overcome threats, further build up strengths and eliminate weaknesses.
Answer: c. marginal revenue is higher than it was previously.
Explanation:
Marginal revenue is higher than it was previously.
Marginal Revenue is the additional revenue that is generated by selling one more unit, In a Competitive market Firms are price takers meaning the can only adjust quantity and not the price.
The marginal Revenue equals to the price of a good or service. When Price increases from $20 to $25 ,the Marginal Revenue will be $25 which is higher than it was previously
Answer:
1.99%
Explanation:
Calculation for your return if you sold the fund at the end of the year
Return={[$20 * (100%-6%) * (1.10 - .015)] -$20}/$20
Return={[$20 * .94 * (1.10 - .015)] -$20}/$20
Return = 1.99%
Therefore your return if you sold the fund at the end of the year would be 1.99%
