Answer:
The margin of safety for Dean Company is 40% as calculated below.
Explanation:
The margin of safety formula is given as:(Current level sales-Break-even sale)/current level sales
Current level salesis $166,000
break-even sales is $99600
Margin of safety=($166000-$99600)/$166000*100
Margin of safety=40%
This implies that sales level would have to fall by 40% before Dean Company records zero profit .
But if the sales level fall by more than 40% for the company to incur losses
The marketing mix, also known as the four p's of marketing, consists of product, price, promotion, and place. They are the main essential elements in the marketing mix, which implies in the strategic formation of the company.
<h3>What is marketing mix?</h3>
Marketing mix is the strategy in the initial state of introducing the product. The company do the study about the product which they are going to launch before introducing it into the market.
They have four main elements of the marketing mix that are product is that which is going to launch, price consist of the price of the product in the initial stage, place consist of the place where the product is going to launch, and promotion is the technique of advertising the product's and features.
Thus, it is place.
For more details about Marketing mix, click here:
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Answer:
The correct answer is: Wholly-owned subsidiary.
Explanation:
A Wholly-owned subsidiary is a company whose common stock is 100% owned by another company. When a company owns less than 50% of another company it holds a minority interest in that company. With a wholly owned subsidiary, the parent company can control all production, management, and profits but it also shares costs and responsibilities.
I'll say 20 percent im not complete sure if i am you should end up with
92000000