Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove, sells for $50 per unit. The contribution margin per camp stove is 36% while the fixed expenses associated with the stove total $108,000 per month. Compute the break-even point in unit sales and in dollar sales. Show all computations.
Answers: 2
Business, 21.06.2019 23:30
Starting at age 30, you deposit $2000 a year into an ira account for retirement. treat the yearly deposits into the account as a continuous income stream. if money in the account earns 7%, compounded continuously, how much will be in the account 35 years later, when you retire at age 65? how much of the final amount is interest?
Answers: 2
Business, 22.06.2019 01:40
Suppose general motors demands labor according to the labor demand function ν€ν€= 40β0. 5νΈνΈ, where ν€ν€ is the hourly wage and νΈνΈ is the number of employees. the united auto workers union has a utility function given by νν=ννβνΈνΈ. a.in 1984, the united auto workers union started negotiations with general motors by assuming that they were a monopoly union. find the wage and employment demands that the united auto workers union would have demanded before any bargaining began. b.if general motors and the united auto workers union both had excellent bargaining representatives, would this be the final labor contract? if not, then explain in words and graphically where they would end up after the bargaining process.
Answers: 1
Business, 22.06.2019 20:20
Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44
Answers: 2
Business, 22.06.2019 20:40
Helen tells her nephew, bernard, that she will pay him $100 if he will stop smoking for six months. helen was hopeful that if bernard stopped smoking for six months, he would stop altogether. bernard stops smoking for six months but then resumes his smoking. helen will not pay him. she says that the type of promise she made cannot constitute a binding contract and that, furthermore, it was at least implied that he would stop smoking for good. can bernard legally collect $100 from helen
Answers: 1
Outback Outfitters sells recreational equipment. One of the company's products, a small camp stove,...
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