Answer:
63.54% (Approx)
Explanation:
The computation of the budgeted percentage contribution margin ratio is shown below:-
For computing the contribution margin ratio firstly we need to calculate the contribution margin in dollars
Contribution margin = Sales - Variable cost
= ($480,000 - $175,000)
= $305,000
Contribution margin ratio = Contribution margin ÷ Sales
= ($305,000 ÷ $480,000)
= 63.54% (Approx)
Answer:
b. Battery
Explanation:
Retired utility workers are suing their former employer for knowingly exposing them to asbestos without warning them of the health risks. The retired workers did not learn of the prolonged exposure until long after their retirement because the company engaged in a systematic cover up of the exposure. The retired workers' cause of action is for battery.
In Business law, battery can be defined as the act of intentionally causing physical harm to an individual or group of people through physical contacts.
Hence, in this case the employers knowingly or intentionally exposed the retired workers to asbestos without warning them of the health risks associated.
<em>Simply stated, a battery in criminal law is completed assault. </em>
A price floor is the mining price that can be charged for an item. A binding price floor is a price set above market average pricing. Since the government regulates this and will not let them sell below the average market price, the price is set in stone for the products price in the market.
The observation that a country reached automotive production overcapacity in 2018, is an aspect of the global segment of the general environment
<h3>What an environment</h3>
An environment includes everything that makes up the earth. This include people, animals, plant, economy, business, culture etc. They all have a role to play in the day to day activities and how an individual act and react.
The global segment of environment is the aspect that affects all countries and people.
Therefore, the observation that a country reached automotive production overcapacity in 2018, is an aspect of the segment of the general environment
Learn more on environment below
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Answer:
37.5%
Explanation:
The percentage change in the price of a jar of peanut butter, using the midpoint method, is:
The percentage change in sales of jelly is 15%.
The cross elasticity of demand between peanut butter and jelly is:
The cross elasticity of demand is 37.5%
