Being verbal during an interview is a important thing <span />
Answer:
no option is correct, check the question to see if it was copied correctly and check the work to verify my answer
$1,430
Explanation:
worst case scenario:
2,500 units sold at $16 = $40,000
variable cost per unit $14 x 2,500 units = $35,000
contribution margin = $5,000
fixed costs = $8,500
depreciation expense = $11,000
cash flow = [(contribution margin - fixed costs - depreciation) x (1 - tax rate)] + depreciation
cash flow = [($5,000 - $8,500 - $11,000) x 0.66] + $11,000 = $1,430
Answer:
The given statement relates to bootstrap marketing strategies
Explanation:
In simple words, Bootstrap marketing relates to an advertising strategy usually used by entrepreneurs to create a business from the bottom up with little but private money and, luckily, money from the very first sale.
This method is usually used by start ups for capturing initial market share and with the expertise of an angel investor they can really go for high goals.
<span>An example of an industry especially vulnerable to efforts to protect the environment is the "asbestos removal" industry.
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The Asbestos Removal Contractors Association, which is abbreviated as ARCA, it was established in 1980 and is an asbestos expulsion exchange relationship for the UK industry. It represents the interests of UK asbestos removal or evacuation temporary workers and the different related asbestos organizations all through the nation.
Answer:
b. 6 pairs of jeans per crate of olives; and
c. 4 pairs of jeans per crate of olives
Explanation:
Olives Jeans Trade off Ratio (Olives:Jeans)
Spain 1 3 1:3 or 0.33:1 (1/3 = 0.33)
Denmark 1 11 1:11 or 0.09:1 (1/11= 0.09)
Spain & Denmark have less opportunity cost & hence comparative advantage than each other, in Olive & Jeans respectively.
Spain will export Olives to Denmark (importer). Denmark will export Jeans to Spain (Importer). Trade will be gainful if they get exchange ratio better than domestic exchange ratio.
- '2 jeans pairs per olive crate' not gainful trade ratio for Spain, as it is getting more i.e 3 jeans pair per olive crate at its own domestic ratio.
- '13 jeans per olive' not gainful for Denmark, as 0.07 = (1/13) olive per jeans is worse than its own domestic ratio i.e 0.09 = (1/11) olive per jeans
'4 jeans pairs per olive crate' is gaining trade ratio for:
- Spain: As it gets 4 i.e more than 3 pairs of jeans per olive crate
- Denmark : As it gets 0.25 = (1/4) i.e more than 0.09 olive crates per pair of jeans
'6 jeans pairs per olive crate' is gaining trade ratio for:
- Spain: As it gets 6 i.e more than 3 pairs of jeans per olive crate
- Denmark : As it gets 0.16 = (1/6) i.e more than 0.09 olive crates per pair of jeans
Both of them are gainful trade ratios, but:
- 1olive:4 jeans is more gainful for Denmark, as it is gaining relatively more than domestic exchange rate (0.25 is more > 0.09 than 4 > 3).
- 1olive:6jeans is more gainful for Spain as it is gaining relatively more than domestic exchange rate (6 is more > 3 than 0.16 > 0.09)
