C: all the physical tools and equipment used in the production process. That would be the answer
This relates to liability of business owners. When a company has unlimited liability and starts losing money, the owners can be personally liable for losses meaning their home and personal assets could be lost. Limited liability means they can only lose the amount that they invested in the company and none of their personal assets.
60% of 5000 is 3000
STOCK:
1 Year 3000 x 1.09 = 3270
2 Year 3270 x -1.04 = 3139.2
INTEREST:
1 Year 2000 x 1.049 = 2098
2 Year 2098 x 1.049 = 2200.802
TOTAL AFTER 2 years:
3139.2 + 2200.802 = 5340.002
The correct answer would be option B, Specialty Goods.
Keira is in the market for a type of goods with unique characteristics that appeals to a limited number of consumers and requires significant effort and money to purchase. Keira is most likely in the market for Specialty Goods.
Explanation:
There are products in the market that have certain characteristics that are appealing to a limited number of people. Such products require not only effort to purchase, but also a significant amount of money is needed.
Specialty products are usually high in price because of their unique characteristics, and that is why they are not easily available in the market as they are needed by a limited number of people.
Specialty products may include the following:
- Luxury Cars
- Luxury Clothing
- High Fashion Clothing
- Exotic Perfumes
- Professional Photographic Equipment, etc.
Learn more about Specialty Products at:
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Answer:
The Gold Division’s break-even sales is closest to $102,174
Explanation:
Break even point is the level of sales at which business has no profit no loss position. At this level of sales business covers all the variable and fixed costs as well.
Gold Division
Sales $131,000
Contribution margin $60,260
Contribution Margin Ratio 46%
Traceable fixed expenses $47,000
Break-even Sales $102,174
Common fixed cost will not be added in calculation of divisional break-even.
Working
Contribution margin ratio = Contribution margin / Sales = 60260 / 131,000 = 46%
Break-even Sales = Fixed cost of division / Contribution margin of division = $47,000 / 46% = $102,174
