The purpose of a business pitch is not to close a deal but to grab interest. It's kind of like a hook in an English paper.
Answer: 6250
Explanation:
From the question, we are informed that Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales price is $50 per unit. santiago desires to earn an annual profit of $34,000.
The contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit for thus:
Contribution margin ratio = (Sales price - Variable cost)/Sales price
= (50-34)/50
= 16/50
= 0.32
Sales = (66,000 + 34,000)/0.32
= 100,000/0.32
= 312,500
Sales volume in units will be sales divided by price. This will be:
= 312,500/50
= 6250
Answer: Utilitarian Approach.
Explanation:
Utilitarian Approach is a method of decision making where a decision is made whose outcome positively affects a greater number of individuals.
Caleb is trying to determine a Utilitarian approach that would have a positive outcome for a greater number of people.
Answer:
The correct answer is, $121.2
Explanation:
You went for grocery and paid the bill through check.
Amount of grocery purchased: $45.20
You check bounced and you owe bank $25 because you didn't have much balance in your account that you paid for the groceries.
Your bank did an additional transaction of debiting your account with $25 for the bouncing of your check.
Grocery store sent you the letter to tell that you owe them $25 for the bounced check
You will have to pay again $45.20
Money order fee: $1
So the amount that you actually spent on groceries would be:
$45.2(real grocery amount) + $25(you owe to bank for bouncing your friend's check) + $25( Your check bounced) + $25(grocery store charged due to bounced check) + $1(money order)
= $121.2
So you are actually charged $ 121.2 for the groceries.
