Sherry’s market stall rents by the year. Will Sherry rent her stall again next year if the demand for cherries falls so that the price is $4/pound when she is deciding on her new rental contract? Why?
What do you think will happen if the market price of cherries
fell to $4/pound immediately after Sherry and the other market vendors
signed their rental contracts (rather than before as in d)? Give one or two
sentences explaining your answer.
Answers
If the demand for cherries falls so that the price is $4/pound when Sherry is deciding on her new rental contract, it is less likely that she will rent her stall again next year.
This is because the lower market price of cherries means that Sherry's revenues will be lower, and she may not earn enough income to cover her rental costs. Since renting a market stall requires a significant financial commitment, Sherry needs to ensure that her revenues are sufficient to cover her fixed and variable costs and earn a profit.
If the market price of cherries fell to $4/pound immediately after Sherry and the other market vendors signed their rental contracts, this would negatively impact all the vendors, including Sherry. The lower price of cherries would result in lower revenues for all the vendors, making it more difficult for them to cover their rental costs and earn a profit. Vendors may struggle to pay their rent, leading to disputes with the landlord or even eviction from the market. Some vendors may be forced to leave the market or reduce their operations, while others may try to find ways to cut costs or increase sales volume to remain profitable.
In both situations, it is important for Sherry to carefully consider the market conditions and her financial situation before deciding whether to rent a market stall or continue operating in the market. Sherry should analyze her costs, revenues, and profits, and evaluate the viability of staying in the market given the current and expected future market conditions. She may also need to consider alternative strategies, such as diversifying her product offerings or finding new markets to sell her produce. Ultimately, the decision to rent a market stall depends on many factors, including the market conditions, competition, costs, revenues, and profitability of Sherry's business.
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Related Questions
The export of new world crops to the old world transformed european society mostly by.
Answers
The export of crops from the New World to the Old World transformed European society mainly by improving the diets of the population, which consequently increased population growth.
How did the colonization of the new world benefit Europe?The discovery of America by European explorers made the place known as the New World, due to the fact that there were lands and riches that were used by Europeans for the crops and exploitation of precious metals for the enrichment of the European metropolis.
Therefore, the colonization of the New World made Europe rich through the exploitation of the resources of the conquered lands, increasing the supply of raw materials and reducing the scarcity of society.
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"Cash is King". Using recent developments in the economy of the UK, explain why managing cash is a fundamental concept of business finance. Use references where appropriate and your answer should give examples where a lack of cash has been a contributing factor. Your answer should include: I. Identification of a business or business sector that has failed due to cash flow difficulties, providing an evaluation of the issues. Also note if there were any other underlying business issues in addition to cash shortage.
Answers
The retail sector in the UK has experienced numerous business failures due to cash flow difficulties, such as the collapse of high street chains like BHS and Toys "R" Us. These failures were primarily attributed to cash shortages resulting from declining sales, high fixed costs, and excessive debt burdens.
The retail sector in the UK has witnessed several business failures due to cash flow difficulties, highlighting the significance of managing cash effectively. For instance, the collapse of companies like BHS and Toys "R" Us can be attributed, in part, to cash shortages. These retailers faced declining sales and increased competition from online platforms, leading to reduced cash inflows.
Additionally, high fixed costs, such as rent and wages, coupled with substantial debt burdens, further strained their cash flow. The lack of sufficient cash restricted their ability to meet financial obligations, invest in necessary improvements, and adapt to changing market dynamics, ultimately resulting in their downfall.
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Carl's monthly take-home pay is $2,000 and his monthly rent is $500 if both his monthly take-home pay in his rent increase $100 what percentage of Carl's take-h...
Answers
Answer: 28.6%
Explanation:
Consider two cigarette companies, PM Inc. and Brown Inc. If neither company advertises, the two companies split the market and earn $50 million each. If they both advertise, they again split the market, but profits are lower by $10 million since each company must bear the cost of advertising. Yet if one company advertises while the other does not, the one that advertises attracts customers from the other. In this case, the company that advertises earns $60 million while the company that does not advertise earns only $30 million.What will these two companies do if they behave as individual profit maximizers?a. Neither company will advertise.b. Both companies will advertise.c. One company will advertise, the other will not.d. There is no way of knowing without knowing how many customers are stolen through advertising.
Answers
Option b) both companies will try to advertise as it would be a rational decision.
If PM Inc. and Brown Inc. behave as individual profit maximizers, then the two companies will both advertise since they are looking to maximize their profit. Both companies will advertise and, as a result, they will split the market and earn $40 million each. In this scenario, the profits are lower by $10 million since each company must bear the cost of advertising.
Yet if one company advertises while the other does not, the one that advertises attracts customers from the other. In this case, the company that advertises earns $60 million while the company that does not advertise earns only $30 million.
Therefore, both companies will advertise since they want to maximize their profits. In this scenario, they will split the market and earn $40 million each. If only one company advertises, that company would gain customers from the other company and make more money ($60 million).
Hence, Option B both companies will try to advertise as it would be a rational decision.
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Use this with "kind."
True
False
Answers
Answer:
??? what do you mean? please be more elaborate
What benefits might citizens of a Centrally Planned economy derive from a move toward a marked based system?
Answers
Citizens in a Centrally Planned Economy benefit from a shift toward a marked-based system. Higher economic growth, Increased access to products and services, More freedom and choice.
1. Higher economic growth: Transitioning to a market-based economy promotes competitiveness and efficiency, which can lead to increased economic growth.
2. Increased access to products and services: As the economy shifts toward a market-based system, residents will have more access to a broader range of goods and services, including imported commodities.
3. More freedom and choice: In a market-based economy, individuals have greater flexibility to pick whatever products and services they wish to buy, as well as more freedom to engage in a variety of economic activities.
4. Improved entrepreneurial incentives: A market-based economy may give incentives for entrepreneurs to innovate and produce new goods and services, resulting in increased economic growth and development.
5. More effective resource allocation: A market-based system supports efficient resource allocation since prices represent the real worth of commodities and services in the economy. This has the potential to boost economic efficiency.
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What are extension strategies?
Answers
➣ Extension strategies are marketing techniques that seek to improve sales to extend the life of a product before decline begins.
➥ I hope I have helped you, greetings! Atte: ღTheGirlSadღAnswer:
Extension strategies are marketing techniques that seeks to improve sales to extend the life of a product before decline begins .what+is+the+price+of+a+three-year,+default-free+security+with+a+face+value+of+$1,000+and+an+annual+coupon+rate+of+4%?+the+price+is+
Answers
The price of a three-year, default-free security with a face value of $1,000 and an annual coupon rate of 4% is $1,030.62.What is a bond?A bond is a debt security that pays interest to the investor for a specified amount of time until the bond matures.
which is when the bond issuer repays the bond's principal. Bonds are sold by businesses, municipalities, states, and governments to investors looking to receive a stream of interest payments and the return of principal upon maturity. The bond's issuer pays the investor an interest rate or coupon rate, which is a percentage of the bond's face value paid out in interest. bond prices increase, bond yields decrease, and vice versa.Formula for calculating the price of a bondA bond's price is determined by calculating the present value of the bond's future cash flows, which are made up of coupon payments and principal repayment. The bond's price is computed by using the following formula:PV = C × [1 − (1 + r)−n ÷ r] + F × (1 + r)−nWhere:PV = price of the bondC = periodic coupon paymentr = required rate of return (or yield)n = number of coupon paymentsF = face value of the bondUsing the information provided in the question and plugging it into the formula yields:PV = $40 × [1 − (1 + 0.04)−3 ÷ 0.04] + $1,000 × (1 + 0.04)−3PV = $40 × [1 − (1.04)−3 ÷ 0.04] + $1,000 × (1.04)−3PV = $40 × [1 − 0.889] + $1,000 × 0.886PV = $40 × 0.111 + $886.07PV = $4.44 + $886.07PV = $890.51Therefore, the price of a three-year, default-free security with a face value of $1,000 and an annual coupon rate of 4% is $1,030.62.
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______ is a theory proposing that employees are motivated when they believe they can accomplish a task and that the rewards for doing so are worth the effort. Group of answer choices Broadbanding Wage compression Expectancy theory Pay structure Equity theory
Answers
Option c: Expectancy theory is a theory proposing that employees are motivated when they believe/trust they can accomplish/fulfill a task and that the rewards for doing so are worth the effort.
Expectancy theory (also called the expectation theory of motivation) is based on the fact that people are motivated to choose certain behaviors over others based on what they expect as a result of that behavior. assumes to act or behave in a manner that is unacceptable.
Essentially, the attractiveness of the outcome determines the motivation behind the choice of action. However, the basis of the theory is the cognitive process by which people interpret different elements of motivation. This is done before a final/last decision is made. Decisions about how to act do not depend solely on outcomes.
The behavioral process of why people choose one behavioral option over another is explained by the motivational expectation theory. According to this theory, effort and performance are positively correlated, positive performance leads to desired rewards, rewards for performance meet important needs, and/or results are sufficient to meet their needs.
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Complete question:
__________is a theory proposing that employees are motivated when they believe they can accomplish a task and that the rewards for doing so are worth the effort. A. Wage compression B. Pay structure C. Expectancy theory D. Broadbanding E. Equity theory
How to invest in stocks for beginners with little money.
Answers
One of the best ways for beginners to get started investing in the stock market is to put money in an online investment account, which can then be used to invest in shares of stock or stock mutual funds. With many brokerage accounts, you can start investing for the price of a single share.
Hope it helps!
Dr Joker
What is marketing research and what are the steps involved in marketing research? Please remember, it is not enough to only name the various components. Please also provide a description that gives the reader a clear idea of what each term means.
Answers
Marketing research is a process of systematic gathering and interpreting information and data about customers, market trends, and competition to aid in making informed business decisions.
The steps involved in marketing research include:
1,Defining the problem or opportunity
2.Creating a research design
3.Data collection
4.Data analysis
5.Interpretation and reporting
Defining the problem or opportunity: In this stage, the researcher identifies the main problem or opportunity they wish to address. The purpose of the research is then determined and made specific, so that the researcher knows exactly what they are investigating.
Creating a research design: This stage involves developing a plan or blueprint for conducting the research. It includes selecting a research method and designing the sample, questionnaire, and data collection process.
Data collection: This stage involves the actual collection of data using the research design developed. Data can be collected using different methods, including surveys, interviews, observations, and experiments.
Data analysis: This stage involves analyzing the collected data using statistical tools and techniques to generate meaningful insights. Researchers use graphs, charts, and tables to visually display and explain the data findings.
Interpretation and reporting: In this stage, researchers interpret the data and present the findings in a meaningful way. They make recommendations to stakeholders based on the data analysis, which can help in decision-making for the business or organization that commissioned the research.
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How investment tax credit and employment tax credit can be used to address unemployment?
Answers
Answer:
Investment tax credit means that companies will pay less taxes if they invest in new projects. These new projects will need people to work on them for it to be successful. When companies take advantage of investment tax credits therefore and invest, they end up hiring people which would reduce unemployment.
Employment tax credit has a more direct effect on unemployment. It reduces taxes per worker hired so if an employer wants to take advantage of this, they should employ more people which would directly reduce unemployment.
Mario Gillespie owns 200 shares of Asset Investment
Corporation. He paid $32.75 per share. Asset Investment
pays a $5.00 per share dividend.
a. What is the total annual dividend?
b. What is the annual yield?
Answers
Answer:
A.
Explanation:
$1000
The total annual dividend is $1000.
The annual yield is 15.26%
What are shares?A share can also refer to something like a unit of an unit trust, a limited partnership, or a property investment trust. A share is a quantity of shareholdings in the financial assets of a firm. The term "share capital" describes all of an organization's shares.
The information that was given was:
The total number of shares was 200
The amount that needs to be prepared is $32.75
The dividend that was received was $5
The total annual dividend will be calculated as:
annual dividends = dividends per period * dividend frequency
= 200 * $5.00
= $1000
The annual yield will be calculated as:
dividend yield = (annual dividends/share price) * 100
= (5 / 32.75)*100
= 0.1526 * 100
= 15.26%
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Which costing method assigns only manufacturing costs to products?.
Answers
Answer:
Traditional costing
Explanation:
Using traditional costing, only manufacturing costs can be assigned to products. Under ABC, both manufacturing and non-manufacturing costs may be assigned.
David Sell, the same executive from Burger King who recommends saving money by letting customers fill their own drink cups, proposed to save space by _____.
Answers
David Sell, the executive from Burger King who recommended allowing customers to fill their own drink cups to save money, also proposed saving space by condensing dining areas. The correct answer is option A.
This proposal would involve reducing the amount of space allocated for dining in Burger King restaurants, potentially allowing for more efficient use of the building's overall footprint.
However, it is important to note that condensing dining areas may also have downsides, such as reducing the amount of seating available for customers and potentially making the restaurant feel more cramped or uncomfortable.
Additionally, it could impact the overall dining experience for customers, potentially leading to lower satisfaction and decreased sales. Overall, while Sell's proposal to condense dining areas may have some potential benefits in terms of saving space and reducing costs.
it is important to carefully consider the potential downsides and impacts on the customer experience before implementing such a change. Therefore, the correct option is A.
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Complete Question:
David Sell,the same executive from Burger King who recommended saving money by letting customers fill their own drink cups,proposed to save space by:
A)condensing dining areas.
B)wrapping products in paper instead of boxes.
C)condensing kitchen areas.
D)cutting back to one bathroom.
Which savings account will earn you the most money?
1.One that earns simple interest monthly.
2.One that compounds interest daily.
3.One that earns simple interest daily.
4.One that compounds interest monthly.
Answers
Answer:
one that earns simple interest daily
The savings account that earn you the most money is: 3.One that earns simple interest daily.
What is savings account?
Savings account is an account that enables you to save while you earn interest on the amount saved reason being that saving account is an interest earning account.
A saving account that gives you simple interest daily is the best as it will enable to accumulate more interest.
Therefore the savings account that earn you the most money is: 3.One that earns simple interest daily.
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Internet privacy has become a major issue. In fact, in Europe there are privacy laws to limit how much information websites can collect from users without their permission. The United States does not have comparable laws to protect consumer privacy on the Internet. Collecting this information is beneficial for firms because then they can tailor marketing messages that better fit its users' needs. These better marketing campaigns can provide them with a competitive advantage. Acme Corporation uses cookies and other devices to collect information. Its privacy policy explicitly informs users that it collects information. However, most people do not read through the policy. Lately, some consumers have complained because they are worried that their information could be compromised. They question the security of the site. Acme wants to restore confidence and prove that it has controls in place. Refer to Scenario 3.2. What type of environmental force does this issue involve?
Answers
a. Greyhound bus system
The visual enhancement of any drawing through color, value, and texture
Answers
Answer:
That would be the composition of a work.
Source:
"The arrangement of elements within a work of art."
https://www.tate.org.uk/art/art-terms/c/composition
As owner of Swiftcycle Courier Services, write a sales message to prospective customer Florian Heinz, president of Frontier Equity Mutual. Your ten-year-old company provides bicycle courier services at highly competitive rates to a large number of businesses, including six other tenants of First Canadian Place in downtown Toronto’s financial district, where the head office of Frontier Equity Mutual is located. For the next three months, you are offering an introductory special to new clients, which entitles them to a 15 per cent discount on all envelope and small-package courier services. Your radio-dispatched delivery personnel are fully bonded and are experts at time-critical delivery. Online ordering is also one of the services you offer. Size up your prospect, then write a letter to Florian Heinz.
Answers
Here's an example sales message to Florian Heinz, president of Frontier Equity Mutual, that includes the given terms:
Dear Florian Heinz,As the owner of Swiftcycle Courier Services, I wanted to reach out to you to see if we can help your company with our courier service. Our ten-year-old company provides bicycle courier services at highly competitive rates to a large number of businesses, including six other tenants of First Canadian Place in downtown Toronto’s financial district, where your head office is located.
We know that you require critical delivery services from a company that can be relied on to get your important documents to their destination on time.That's why we're excited to offer an introductory special to new clients like you. For the next three months, you can take advantage of our 15% discount on all envelope and small-package courier services. This is a great opportunity for you to try our services at a reduced rate and see how Swiftcycle Courier Services can make your deliveries more efficient.Our radio-dispatched delivery personnel are fully bonded and are experts at time-critical delivery. We know how important it is to get your documents delivered on time, and we guarantee that our team will work hard to make sure that your package arrives when you need it.
In addition, we also offer online ordering services, which makes it easy for you to place your orders and track your deliveries online.We believe that Swiftcycle Courier Services can be a valuable partner for your business. Please feel free to contact us at your convenience to discuss your courier service needs.
Thank you for considering us as your courier service provider.
Sincerely,[Your Name]
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benji's manager tells him that the company is considering some changes to the backup policy because management has decided that it cannot lose any more than 2 hours' worth of data. which of the following policies, or goals, is the manager describing? a. rco b. rto c. rpo d. rdo
Answers
The manager is describing the Recovery Point Objective (RPO) goal. The RPO is the maximum amount of data that an organization can afford to lose in the event of a disaster or outage. In this case, the company has determined that it cannot afford to lose more than 2 hours' worth of data, which means that the RPO is 2 hours.
The RPO is an important metric that helps organizations determine the appropriate backup and recovery strategy for their data. It is based on the business requirements and determines the frequency and type of backups needed to ensure that the organization can recover its data within an acceptable timeframe. The RPO is often used in conjunction with other metrics such as the Recovery Time Objective (RTO), which is the maximum amount of time that an organization can afford to be without access to its data or systems. The RCO (Recovery Consistency Objective) and RDO (Recovery Durability Objective) are additional metrics that can be used to refine the backup and recovery strategy.
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Which of the following is a reason to use a full-service investment firm instead of a discount investment firm
Answers
The reason to use a full-service investment firm instead of a discount investment firm is because of years of experience and guidance.
Full-service investment firmA full-service investment firm is a type of firm or a broker which provides the best and authentic services to its clients.
They are licensed firm that offers a variety of services to the client in a transparent and fair manner.
Some of the services are retirement planning, investments and savings, tax tips and advice, researches, etc.
These firms offer proper guidance to their clients and have years of experience in the field.
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When taking a nonlecture course, you should
a. consider all reasonable ideas presented in the discussion.
b. refrain from taking notes and instead focus on the discussion.
c. take notes only on information presented by your instructor.
d. write questions instead of taking traditional notes, and look up the answers later.
Answers
When taking a non lecture course, you should refrain from taking notes and instead focus on the discussion. Thus, option B is correct.
What is non-lecture course?An way to learning through online degree programs is the no-lecture model. It shifts the emphasis away from lectures as the main component of a course and in favor of course materials, homework, and individual student learning. Studies show that's a step in the right direction.
According to a Harvard research, for instance, the average lecture attendance often decreases from 79% at the beginning of class to 43% by the conclusion. Additionally, even a few days after attending a lecture, students only retain around 10% of what they hear. The most crucial element of online learning is this. Students must sign in to the LMS to access all course resources, including text, videos, audio files, and links to other websites.
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If the seller dies before you accept the offer, the contract is unenforceable under the defense of impossibility. False True
Answers
Answer:
of the seller dies before you accept the offer, the contract is unenforceable under the defense of impossibility is true
What do insurance companies pay to compensate consumers after a loss? copayments deductibles payouts premiums
Answers
Answer:
C. payouts
Explanation:
i took the test
A firm's Credit Policy consists of 4 variables. Which addresses the financial strength of acceptable credit customers.Select one:O a Credit StandardsO b. Credit PeriodOc Collection PolicyOd. Discounts
Answers
A firm's Credit Policy consists of four variables, which are Credit Standards, Credit Period, Collection Policy, and Discounts. The correct option is A.
Credit Standards refer to the criteria used to evaluate the financial strength of acceptable credit customers. These criteria include the customer's credit history, payment record, and overall financial stability. Credit Standards are an essential component of a firm's Credit Policy because they ensure that the company only extends credit to customers who are likely to pay their bills on time and in full. By using these criteria, a firm can reduce the risk of default and minimize the amount of bad debt it incurs.Credit Standards also help a company manage its cash flow more effectively by ensuring that it has sufficient funds on hand to meet its financial obligations. By extending credit only to customers who meet its Credit Standards, a firm can reduce the amount of money tied up in accounts receivable and free up cash for other uses.n conclusion, Credit Standards are a critical component of a firm's Credit Policy. They ensure that a company only extends credit to financially strong customers, reduce the risk of default, and improve cash flow management.For more such question on Credit Policy
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Imagine that you are reading one of your favorite magazines. if you see a logo and recognize the brand as it is being presented to you, this is an example of
Answers
Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.
What is aided recall?Aided recall can be defined as the process in which a person is being asked a question partaining to the advertisement he/she saw.
Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.
Inconclusion this is an example of Aided recall.
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how does the scrum master help to the product owner? select the three most appropriate answers. facilitating scrum events as requested or needed finding techniques for effective product backlog management introducing cutting edge development practices leading and coaching the organization in its scrum adoption understanding product planning in an empirical environment
Answers
The Scrum Master helps the Product Owner by facilitating A) Scrum events, finding techniques for effective product backlog management, and B) leading and coaching the organization in its Scrum adoption.
The Scrum Master is a servant-leader who enables the Scrum Team to function effectively by ensuring that the team is following the Scrum framework, removing impediments, and promoting continuous improvement.
In order to help the Product Owner, the Scrum Master facilitates Scrum events as requested or needed, such as Sprint Planning, Sprint Review, and Sprint Retrospective. The Scrum Master also helps the Product Owner to find techniques for effective product backlog management, such as prioritization and refinement, to ensure that the team is working on the most valuable items.
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Project selection criteria are typically classified as:__________
Answers
The selection criteria for projects are often divided into qualitative and quantitative categories.
What standards apply to a project?The triple constraints—cost, scope, and time—are the three requirements for project success. Although the specifications may vary based on the project's business, employer, or aim, success depends on these three factors.
What three project criteria are there?The three components are scope, time, and cost. Any modification to one of these components will require a change in another component as well. This article describes the project management triangle's theory and how to apply it to successfully manage projects even while requirements and circumstances change ineluctably.
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hurry !
Whom does the Government and Public Administration career cluster serve?
private citizens
army and navy
government employees and the military
national security and the foreign service
Answers
Private citizens do the Government and Public Administration career cluster serve. Hence, option A is correct.
What is Public Administration?In the field of public administration, leaders collaborate with localities to advance the welfare of the public and effect change for the better. Public administration specialists are equipped to run all levels of government and nonprofit organizations.
Public administrators plan, direct, and supervise the organizations that oversee and regulate local laws and legislation. As these organizations grow to satisfy society's demands while simultaneously serving the interests and needs of the general public, public administrators act as special consultants to them.
"Legislative activities, taxation, national security, public order and safety, immigration services, foreign affairs and international assistance, and the administration of government programs" are all considered to be "exclusively governmental in nature."
Thus, option A is correct.
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Saved Help Save & Exit Flesch Corporation produces and sells two products. In the most recent month, Product C90B had sales of $25,800 and variable expenses of $7,740. Product Y45E had sales of $24,030 and variable expenses of $14,418. The fixed expenses of the entire company were $16,800. If the sales mix were to shift toward Product C90B with total dollar sales remaining constant, the overall break- even point for the entire company:
Answers
The overall break-even point for the entire company would decrease if the sales mix shifts towards Product C90B while keeping the total dollar sales constant.
The break-even point is the level of sales at which the company's total revenue equals its total expenses, resulting in zero profit or loss. The break-even point is determined by dividing the fixed expenses by the contribution margin ratio, where the contribution margin is the difference between sales revenue and variable expenses. In this scenario, if the sales mix shifts towards Product C90B, which has a lower variable expense ratio ($7,740/$25,800 = 0.3) compared to Product Y45E ($14,418/$24,030 = 0.6), the overall contribution margin ratio for the company would increase. As a result, the overall break-even point would decrease, as it is determined by dividing the fixed expenses ($16,800) by the contribution margin ratio.
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