Answer:
$1.5 million
Explanation:
The computation of break even sales in dollars is shown below:
= (Fixed expenses) ÷ (profit volume ratio)
where,
Contribution margin = Sales - Variable expense
= $2,500,000 - 1,050,000
= $1,450,000
And, Profit volume ratio = (Contribution) ÷ (sales) × 100
So, the Profit volume ratio = ($1,450,000) ÷ ( $2,500,000) × 100 = 58%
And, the fixed expenses is $870,000
Now put these values to the above formula
So, the value would equal to
= ($870,000) ÷ (58%)
= $1.5 million
Answer:
103.4709
Explanation:
The computation is shown below:
Given that
U.S inflation rate = 3%
Japan inflation rate = 1.5%
Current exchange rate = 105
Now the new exchange rate for the yen is
= Current exchange rate × (1 + Japan inflation rate) ÷ (1 + U.S inflation rate)
= 105 × (1 + 1.5%) ÷ (1 + 3%)
= 105 × (1.015 ÷ 1.03)
= 105 × 0.985436893
= 103.4709
Answer: a. Gardening gloves
b. Terracotta planters
c. Garden scissors
d. Watering cans
Explanation:
From the question, we are informed that Helga runs a website on which she sells houseplants and that she also earns through pay-per-click advertising that allows search engines to show targeted ads on her site.
All the products will be advertised on her website. The gardening gloves, terracotta planters, garden scissors and the watering cans are all materials that are required for plant growth to provide water and keep weeds away.
Xyz company is a low-cost provider. Xyz is most susceptible to ANY NEW INNOVATIONS OR INVENTIONS FROM A COMPETITOR COMPANIES.
Low cost strategy is one of the three generic marketing strategies. It is a pricing strategy in which a service provider or a company reduces the cost to increase profit and demand.
In the context of business management, the purpose of budgeting includes the following three aspects:
•A forecast of income and expenditure (and thereby profitability)
•A tool for decision making
•A means to monitor business performance
