Answer: $1
Explanation:
From the question, we are informed that at her current level of consumption, Jess gets half as much marginal utility from an additional bagel as from an additional muffin.
Since we have been informed that the price of muffin is $2 each, then Jess is maximizing her utility if the price of a bagel is:
= $2/2
= $1
It should be noted that utility simply means satisfaction that is gotten when one uses a particular product or service.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Unit sales price $ 30
Variable cost per unit 6
Fixed costs per year 360,000
To calculate the contribution margin ratio, we need to use the following formula:
Contribution margin ratio= contribution margin / selling price
Contribution margin ratio= (30 - 6) / 30
Contribution margin ratio= 0.8
The break-even point in dollars formula is:
Break-even point (dollars)= fixed costs/ contribution margin ratio
Break-even point in units= 360,000 / 0.8
Break-even point in units= $450,000
Now, the desired profit is $440,00:
Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio
Break-even point (dollars)= (360,000 + 440,000) / 0.8
Break-even point (dollars)= $1,000,000
Finally, the margin of safety:
Sales= 60,000*30= $18,000,000
Margin of safety= (current sales level - break-even point)
Margin of safety= 18,000,000 - 450,000
Margin of safety= $17,550,000
Answer:
$323,500 shares
Explanation:
A stock split is a practice carried out by a company where stocks are split into multiples of its existing shares to boost liquidity.
There is no actual increase in the value of the shares, just an increase in the number. For example if a shareholder has 100 share and there is a 3-1 split, the shareholder will now have 3 shares for every one held before.
In this scenario total outstanding shares was 64,700 shares. The company offers a 5 for 1 stock split. Each share is now five, so new outstanding shares is 64,700 * 5= 323,500 shares
Answer:
77,640 shares
Explanation:
Stock split occur when new shares of a company are issued to existing shareholders in proportion to their current holdings.
The share outstanding after the stock split is the addition of the existing shares and the new share issued. For this question, this can be calculated as follows:
New shares to be issued = 64,700 ÷ 5 = 12,940
Number of outstanding shares after stock split = 64,700 + 12,940 = 77,640 shares
and stored at various warehouses facilities. The coordinated efforts with each
channel partner at each touch point takes efficiency and communication. In
order for the process to run smoothly, which three functions do channel
partners need to perform to efficiently flow products and titles to the
consumer to get payments back to producers?
O transactional, logistical, and facilitating functions
o facilitating, commercial, and institutional functions
logistical, commercial, and transactional functions
Answer:
transactional, logistical, and facilitating functions
Explanation:
Answer:
Functional need
Explanation:
Functional need -
It refers to the needs of the human being , which are important for the survival , is referred to as functional need .
These are basic requirements which are important for the day to day activities of the people .
Hence , from the scenario of the question,
Sarah bought a cycle , but as soon as she realized that basket is important for keeping her bag and other item .
Hence, the need of basket is the functional need .
Answer: See explanation
Explanation:
Based on the scenario in the question, the amount that the restaurant charge for the lunch excluding any tax will be calculated as:
= $15.40 × 100/(100 + 8)
= $15.40 × 100/108
= $1540/108
= $14.26
Sales tax will be:
= $15.40 × 8%
= $15.40 × 8/100
= $15.40 × 0.08
= $1.23
Answer: a. Investors
In a enviroment where there are investors, there will always be the possibility of companies arising because investors want to grow their profits and they do it through participations bought in companies, they also invest in loans made in companies and this propitiates the figure of the investor that means a person or an entity that places a value that belongs to him, to finance or to acquire a good.
For example, an investment fund acquires a company to grow it and then sell it at a higher price. This is a typical transaction of an investment fund and encourages the creation of new companies or their expansion.