A call on the Euro with exercise price of $1.35 / Euro will tend to have a premium of the $0.05 per each Euro. If the spot rate at expiration is $1.34, then the net profit for the buyer of the call is $+0.05 per Euro.
The spot rate between the Euro and the US Dollars is, where in the US Dollars, 1 Euro = $1.35. Suppose that I_{Euro} = 0.05 and that I_{$} = 0.05. Here, the spot rate is said to be calculated by finding discount rate which is said to make the present value (PV) of a zero-coupon bond equal to its price.
However, if the spot rate at expiration is considered to be $1.34, then the net profit for the buyer of the call is said to be $+0.05 per Euro. Thus, here the spot rate is seen to be the cash rate.
Hence, option A is correct.
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espn uses marketing research to develop profiles of its audience. based on this information, the company decided to advertise its new nfl football programming in those magazines read by fans of monday night football. with this media choice, it appears that espn is aiming this advertising at .
With this media choice, it appears that ESPN is aiming this advertising at it's current target market.
In a world where businesses are constantly vying for attention, advertising and marketing are more important than ever. By creating compelling ads and promotions, businesses can reach new customers and grow their sales.
With the help of advertising and marketing, businesses can connect with their target audiences and deliver their message in a way that is both effective and memorable. In today’s competitive marketplace, a well-executed advertising and marketing campaign can be the difference between success and failure.
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according to chvorinov's rule (check the last page), in a sand casting mold, the v/a ratio of the riser should be which one of the following relative to the v/a ratio of the casting itself?
In a sand casting mold, the riser's v/a ratio should be greater than one of the following in comparison to the casting's v/a ratio in accordance with Chvorinov's rule (see the last page).
According to Chvorinov's rule, areas of the casting with a high volume-to-surface area ratio should take a while to firm. When designing castings, these hot regions should be avoided as they may be the location of porosity flaws.
In order to ensure adequate post-feeding and the subsequent correction of the risers' solidification shrinkage, Chvorinov's rule can be utilized to ensure that the risers solidify later than the casting (or that the casting solidifies prior to the risers).
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we randomly sample 50 items from target stores and note the price for each. then we visit walmart and collect the price for each of those same 50 items.
Random Sample of 50 items from Target stores and record their prices. Then we go to Walmart and get the prices for those same 50 items. The data in this sampling is paired.
The purpose of sampling is to obtain information about a population by examining a small portion of it. This can be done through various methods, such as randomly selecting items from the population to examine.
Random sampling is one of the most popular methods of sampling because it is relatively easy to do and does not require a great deal of resources. However, it can be difficult to achieve true randomness, which is why some researchers prefer other methods of sampling.
-----The given question is incomplete, the complete question is:
"We randomly sample 50 items from Target stores and note the price for each. Then we visit Walmart and collect the price for each of those same 50 items.
A. Paired
B. Not paired"-----
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the united states imposed a duty of on wind towers produced in china and vietnam and imported to the united states after they found evidence both countries were selling them at below fair market value, or , the practice of charging less than its costs or less than it charges at home to win a market. group of answer choices
The correct answer to the given question about United States imposed duty on wind towers is option b) 44.99 % to 47.59 %
The basic idea behind how a wind turbine operates is that, unlike a fan, which creates wind by using energy, a wind turbine creates electricity by utilizing wind. A turbine's blades, which resemble propellers, rotate around a rotor, spinning a generator to produce power. A crucial component of Iranian traditional architecture is the wind turbine. Settlements in hot, hot-dry, and hot-humid regions can see it. On Iran's historic cities, they appear in the skyline as large chimneys. They have vents on top that allow desired air to enter the interior spaces and offer thermal comfort. They are vertical shafts. This structural component demonstrates how well-suited architectural design is to the surrounding environment. It operates under the tenets of sustainability and conserves energy.
Question
the united states imposed a duty of on wind towers produced in china and vietnam and imported to the united states after they found evidence both countries were selling them at below fair market value, or , the practice of charging less than its costs or less than it charges at home to win a market. Options
a) 25% to 30%
b) 44.99% to 47.59%
c) 80% to 82.5%
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A search quality is a characteristic that can be easily assessed before purchase, and tangible goods tend to exhibit more search qualities than do intangible goods. Services exhibit more experience and credence qualities.a. True
b. False
False. Services tend to exhibit more search qualities than tangible goods.
What are services?
An "act or usage for which a consumer, corporation, or government is willing to pay" is referred to as a service. Barbers, doctors, lawyers, mechanics, banks, insurance businesses, and other professionals are a few examples. A public service is one that the entire community pays for. Services are fundamentally intangible actions that satisfy needs and can be identified independently. It won't stay in stock with us. They don't actually become the owner of anything after their purchase. Services entail a real-world interaction between the service provider and the client. A service's tangibility, dependability, responsiveness, assurance, and empathy are its five key components.
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Rough Water LLC and Schafer enter into a contract for the delivery of a used fishing boat. Until the boat is delivered and paid for these parties have O an executed contract O a quasi contract O no contract O an executory contract.
A deal is made between Schafer and Rough Water LLC for the delivery of an old fishing boat. These parties have an executory contract up until the boat is delivered and paid for.
Executory refers to a contract that has not been entirely performed or executed. It is a contract in which both parties have significant performance obligations still to fulfil.
An obligation to pay money, an especially significant one, typically does not render a contract enforceable.
According to US bankruptcy law, an "executory contract" is one in which ongoing obligations are present on both parties at the time of the bankruptcy filing. The debtor and the counterparty shall continue to perform.
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Varying a product's price according to the supply situation of the seller is called ______ pricing
Dynamic pricing refers to changing a product's price in response to the seller's supply situation.
Describe dynamic pricing and provide an example.Dynamic pricing, often referred to as surge pricing, demand pricing, or time-based pricing, is a tactic used by businesses to change the price of their products in response to shifting demand. For instance, a flight's departure time, the quantity of available seats, and the type of seat will all affect the price of a seat.
How should customers be informed about dynamic pricing?Dynamic pricing is a type of pricing strategy where changeable prices are used in place of fixed ones. The dynamic pricing model's fundamental premise is to provide the same product to various customer segments at various costs.
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Frank decides that a social media campaign is the best way for him to attract new business to Slice of Life Pizza. After Frank identifies his trategies and goals, the next step in the campaign is Multiple Choice o to identify the target audience
o to monitor and change o to experiment and engage
Frank identifies his trategies and goals, the next step in the campaign is identify your target audience.
How do you identify strategic & goals?A company's strategic goals are the precise financial and non-financial objectives and outcomes it wants to attain over a given time frame, often the next three to five years.The fundamental strategic factors that should be taken into account when you develop a future strategy are products, services, clients, markets, money, personnel, technology, and production capacity.A strategic plan should have the following 7 fundamental components: a vision, mission, SWOT analysis, list of core values, goals, objectives, and action plans.Ranging from three to five. People don't feel overburdened with too much to accomplish when they concentrate on tasks that are between three and five. It conveys a loud and unambiguous message about what must be done right away.Learn more about strategic & goals refer to :
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2. Which of the following services would you expect a depository institution to offer?
a. Pension fund management
b. Electronic funds transfer
c. Accounting transfer management (ATM)
d. Inventory control of revenues
e. All of the above
3. The Banking Act of 1933 gave the Federal Reserve System the authority to:
a. Allows banks to set their own interest rates
b. Ban interest on demand deposits
c. Require customers to have minimum deposits before they can use many of the bank’s services
d. Declare that credit cards can and do replace money
e. Do all of the above
2. Based on the financial institution perspective and the available options, the services I would expect a depository institution to offer is B. Electronic funds transfer.
3. The Banking Act of 1933 gave the Federal Reserve System the authority to B. Ban interest-on-demand deposits.
What is a depository institution?A depository institution is a term used to describe the type of financial institution common in the United States that is legally allowed to accept monetary deposits from consumers. Generally, according to federal law, however, a depository institution is limited to banks and savings associations but not credit unions.
Therefore, in this case, it is concluded that depository institution services include Electronic funds transfer and checking and savings accounts.Also, in the second part, the Banking Act of 1933 was a law enacted by the United States Congress that ascertained the Federal Deposit Insurance Corporation (FDIC) and imposed various other banking reforms.
The Banking Act of 1933 gave the Federal Reserve System the authority to do the following:
keep banks from investing in specific securitiesregulate interest rates on time depositstell banks how much reserve to maintainban interest on demand depositsHence, in this case, it is concluded that the correct answer is Option B and Option B respectively for the two questions.
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Which of the following is an advantage of investing in limited partnerships, REITs, mortgages, or participation certificates?
A) A possible hedge against inflation
B) Easy entry
C) No management concerns
D) Financial leverage
E) All of these
The correct answer is option ( E ).
Limited Partnership:A limited partnership (LP) is a collaboration having two or more participants that is distinct from a limited liability partnership (LLP). Limited partners are not involved in business management; instead, the general partner manages and controls the company. A limited partnership limited partners, on the other hand, are only liable for the amount of their investment, with the general partner of the limited partnership having unlimited liability for the debt.
Understanding Limited Partnerships:Having both general partners and limited partners is a requirement for a limited partnership, which is something to keep in mind. General partners have unrestricted liability and complete management authority over the company. Limited partners managerial engagement is minimal to nonexistent, but their liability is constrained to the amount of money they invested in the LP.
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The cost of hiring an outside company to clean up a chemical spill at a local factory will not be reflected in GDP. false.
This statement is false. The cost of hiring an outside company to clean up a chemical spill at a local factory would be reflected in GDP.
What is GDP?
Gross Domestic Product (GDP) is a measure of the market value of all final goods and services produced within a country in a given period of time, typically a year. It is used to measure the economic performance of a country and is a key indicator of the overall well-being of a nation.
This statement is false. The cost of hiring an outside company to clean up a chemical spill at a local factory would be reflected in GDP.
Gross Domestic Product (GDP) is a measure of the market value of all final goods and services produced within a country in a given period of time, typically a year. It is used to measure the economic performance of a country and is a key indicator of the overall well-being of a nation.
The cost of hiring an outside company to clean up a chemical spill at a local factory would be considered an expenditure on a final good or service, as it is a cost incurred by the factory to repair damage caused by the chemical spill. This expenditure would be included in GDP as part of the cost of producing the final goods or services at the factory.
In general, any expenditure on a final good or service that is produced within a country and is intended for consumption or investment within that country is included in GDP. This includes expenditures on goods and services such as cleaning, repair, and maintenance.
Hence, the statement that "the cost of hiring an outside company to clean up a chemical spill at a local factory will not be reflected in GDP" is false.
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in a small office network where the hosts are within 100 meters of each other, the most suitable technology to connect the devices is usually
In a small office network where the hosts are within 100 meters of each other, the most suitable technology to connect the devices is usually Ethernet.
Are Ethernet and LAN the same?An Ethernet port is also referred to as a LAN port. The exact same socket on PCs, servers, modems, Wi-Fi routers, switches, and other network equipment is referred to by both designations. The Ethernet protocol was created by the Institute of Electrical and Electronics Engineers, and it bears this name.
What does Ethernet mean?The term was changed to "Ethernet" by Metcalfe in 1973. By doing this, he demonstrated that the technology he had developed supported all computers, not only Alto's. In order to describe a crucial aspect of the system—the physical medium that transports information to stations—he picked the name ether, which is based on the word.
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Because many services involve a process of continuous interaction between the service organization and the customer, _____ marketing is an important strategy.
Because many services involve a process of continuous interaction between the service or The importance of location in determining distribution strategy cannot be overstated.
Depending on the type of products and services, a strategic location may differ. Relationship marketing at the second level is frequently more interaction than relationship marketing at the first level. At this level, the firm uses financial and social bonds again, but this time structural bonds are included in the overstated. Possession processing entails performing tangible actions on the customer's goods and other physical possessions. Airfreight, lawn mowing, and cleaning services are examples of possession processing. oganization and the customer, relationship marketing is an important strategy.
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(a) as(p100) (b) as(p125) (c) as(p75) p q p q p q 125 $ 560 125 $ 500 125 $ 620 100 500 100 440 100 560 75 440 75 380 75 500 suppose the full employment level of real output (q) for a hypothetical economy is $500, the price level (p) initially is 100, and prices and wages are flexible both upward and downward. refer to the accompanying short-run aggregate supply schedules. in the long run, a fall in the price level from 100 to 75 will
Consider a hypothetical economy where the initial price level (P) is 100 and the level of real output (Q) at full employment is $250.
What occurs if, due to a decline in aggregate demand, the price level unexpectedly drops from 100 to 75?Again, in accordance with schedule AS(P125), the real production falls from $250 to $ 220 if the price level unexpectedly drops from $100 to $75 due to a decline in aggregate demand. As a result, it is seen that the output level changes along with changes in the price level.
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assume oligopoly firms are profit maximizers, they do not form a cartel, and they take other firms' production levels as given. then in equilibrium the output effect
In an oligopoly market, each firm takes the production level of its competitors as given. This means that firms are not able to form a cartel and collude to set prices and production levels.
Therefore, the equilibrium outcome is determined by each firm's individual decision to maximize their own profits.
At equilibrium, the output effect is that the firms in the oligopoly market will produce the quantity that is most profitable for them. This quantity of output will be less than the optimal quantity of output for the market as a whole due to the lack of coordination between the firms. As a result, the market will produce an output level that is lower than the socially optimal output level, leading to a deadweight loss from the inefficiency of the market.
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natalya operates a retail store in romania. she buys consumer electronics from vendors in china and japan to sell in her store. natalya is engaging in ,
Natalya operates a retail store in Romania. She buys consumer electronics from vendors in China and Japan to sell in her store. Natalya is engaging in importing.
How Do Imports Work?A product or service that was created in another nation but was purchased in one is an import. The two pillars of international trade are imports and exports. A nation's trade balance, commonly referred to as its trade deficit, is negative if the value of its imports exceeds the value of its exports.
Why do imports and exports occur?Selling goods and services that were produced or sourced in the home country abroad is known as exporting. Purchasing products and services abroad and re-importing them into one's own nation is referred to as importation.
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you borrow a full-amortized mortgage of $200,000 at 5% mortgage rate for 20 years with monthly payments.
If you borrow a full-amortized mortgage of $200,000 at 5% mortgage rate for 20 years with monthly payment of $1,457.55.
A mortgage is a long-term loan provided to help you buy a house. In addition to the principal, you are required to pay interest to the lender. Collateral is the house and the surrounding land. But if you want to buy a house, you need to know additional specifics. This concept is frequently used in business, especially in relation to shutdown points and fixed costs.
Your monthly mortgage payments are mostly determined by the loan's size and length. The loan's size and duration are its borrowing and repayment terms, respectively. The longer your term, the less money you'll pay each month generally.
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Suppose that you are a U.S.-based importer of goods from the United Kingdom. You expect the value of the pound to increase against the U.S. dollar over the next 30 days. You will be making payment on a shipment of imported goods in 30 days and want to hedge your currency exposure. The U.S. risk-free rate is 5.5 percent, and the U.K. risk-free rate is 4.5 percent. These rates are expected to remain unchanged over the next month. The current spot rate is $1.50. a) Indicate whether you should use a long or short forward contract to hedge currency risk. b) Calculate the no-arbitrage price at which you could enter into a forward contract that expires in three months. c) Move forward 10 days. The spot rate is $1.53 dollars per pound. Interest rates are unchanged. Calculate the value of your forward position.
(a) Hedging the risk can be accomplished by entering into a forward contract to purchase British pounds.
(b) No-arbitrage price is $1.50
(c) Value of forward position is $.029
Define Hedging.A sophisticated risk management strategy called hedging involves buying or selling securities to potentially help reduce the risk of a position's possible loss.
a) According to the risk, buying more pounds will cost you more US dollars because the value of the pound will rise during the following 30 days. Thus, hedging the risk can be accomplished by entering into a forward contract to purchase British pounds.
b) T= 30/365
S0= $1.5
r = 5.5% or .055
rf = .045
Hence, F(0,T)= $1.5/(1.045)30/365 (1.055)30/365
= $1.50
c) T= 30/365
t= 10/365
T-t= 30/365 – 10/365 = 20/365
St= $1.53
r= 5.5% or .055
rf = .045
Vt (0, T)= $1.53/(1.045)20/365 - $1.50/(1.055)20/365
= $.029
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Dividends paid to a shareholder by a corporation should be reported on which of the following forms?
On a Schedule K-1, your part of the entity's dividends is typically reported to you. The most typical form of corporate distribution is dividends.
How do shareholders and stakeholders differ?
A stakeholder is a person who is affected by (or has a "stake" in) a project you are working on, as opposed to a shareholder, who owns stock in your company. Discover the main distinctions between shareholders and stakeholders.
Are shareholders considered owners?
Depending on how many shares they own, a shareholder is a corporate owner. Stakeholders, like shareholders, are interested in a company's performance even though they do not own any equity in it. However, they might or might not be interested in making money.
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Based on the following information, compute cash flows from investing activities under GAAP.
Cash collections from customers $750
Purchase of used equipment 175
Depreciation expense 175
Sale of investments 400
Dividends received 100
Interest received 175
Cash Flows From Investing Activities:
The cash flow from investing activities will be $500.
The cash generated or spent in relation to investment activities is shown in the cash flow from investing activities portion of the cash flow statement. Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.
Cash flow
= ( Purchase of used equip. + sale of investments + dividends received + interest received )
= $(175+400+100+175)= $500
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constructive discharge occurs when an employer, to avoid conflict among workers, discharges an employee engaging in an unconventional act, such as wearing a hijab.
Constructive discharge occurs when an employer, to avoid conflict among workers, discharges an employee engaging in an unconventional act, such as wearing a hijab is False.
What is the hijab's true purpose?The Qur'an commands Muslim men and women to conduct themselves modestly, and some Muslim girls and women choose to cover their faces with the hijab in order to be modest and shielded from unrelated males. Men's and women's "gaze, walk, clothing, and genitalia" are all considered to fall under the category of modesty, according to the Encyclopedia of Islam and the Muslim World.
Is the hijab a requirement?Hijabs are optional or regulated in other Muslim-dominated and majority non-Muslim nations, whereas they are required in some Islamic nations. Muslim women in the Indonesian province of Aceh are forced to wear the headscarf, much as all women in Iran and Afghanistan are required to do so regardless of their religious affiliation.
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Based on the following information, the value of the M1 measure of the money supply is _____ and the value of the M2 measure of the money supply is _____.-Billions of $ Currency = 20-Demand Deposits = 300-Money Market Mutual Funds = 800-Traveler's Checks = 10-Savings Deposits = 1800-Other Checkable Deposits = 200-Small Denomination time deposits = 1100-Credit Card Balances = 900A. $530 billion; $3,700 billionB. $330 billion; $4,230 billionC. $520 billion; $3,330 billionD. $530 billion; $4,230 billion
Based on the following information, the value of the M1 measure of the money supply is $530 billion and the value of the M2 measure of the money supply is $4,230 billion. The Option D is correct.
What is M1 in money supply?In economics, M1 denote the money supply that is composed of currency, demand deposits and other liquid deposits such as savings deposits. The "M1" in money supply, includes the most liquid portions of the money supply because it contains currency and assets that either are or can be quickly converted to cash.
M1:= Currency + Demand Deposits + Travelers' Checks + Other Checkable Deposits
= $20 + $300 + $10 + $200
= $530 billion.
What is M2 in money supply?It measure the money stock that includes M1 (currency and coins held by the non-bank public, checkable deposits, and travelers' checks) plus savings deposits, small time deposits under $100,000, and shares in retail money market mutual funds.
M2:= M1 + Savings Deposits + Money Market Mutual Funds + Savings Deposits
= $530 +$1,800 + $800 + $1,100
= $4,230 billion
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One of the reasons for the banking crisis was that banks were pressured by Congress and other groups to make ______ loans. Credit cards.
Answer:
hope this help
Explanation:
homework
or work
One of the reasons for the banking crisis was that banks were pressured by Congress and other groups to make questionable loans.
What is a Doubtful Loan?Doubtful loans exhibit all the traits of poor loans and credit weaknesses, making complete recovery shaky and unlikely. As a result, a questionable loan is: not sufficiently shielded by the debtor's present value or ability to pay. Insufficient supporting documentation.
Additionally, when a loan is labelled as questionable, it is thought that its flaws make full collection exceedingly unlikely or implausible, but not so unlikely as to require the debt to be written off completely. When calculating regulatory capital sufficiency, 50% of loans designated as dubious are subtracted from adjusted bank capital. Even when a loan has been given a dubious rating, a bank may still be able to collect on it in the future.
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Employability Skills
Answer:
Employ-ability skills should have:
good communication.
motivation and initiative, leadership,reliability/dependability ,following instructions, team work, patience, adaptability.
Explanation:
what is Employ-ability Skills?
Employ-ability Skills can be defined as the transferable skills needed by an individual to make them 'employable'. Along with good technical understanding and subject knowledge, employers often outline a set of skills that they want from an employee.
One of the most important concepts in marketing is the price elasticity of demand, which is the
A. degree to which the price of a product affects consumers' purchasing behavior.
B. point at which the costs of producing a product equal the revenue made from selling the product.
C. price that consumers consider reasonable and fair for a product.
D. percentage a product is marked up in response to consumer demand.
E. percentage change in quantity demanded in response to a percentage change in price.
Answer: E
The price elasticity of demand, or the percentage change in the quantity required in response to a percentage change in price, is one of the most crucial ideas in marketing.
The responsiveness of the quantity required for a product to a change in price is measured by the price elasticity of demand. One of the most crucial ideas in business, especially when deciding on pricing and other aspects of the marketing mix.
The relationship between the percentage change in a product's quantity demanded and the percentage change in price is known as price elasticity of demand. It helps economists comprehend how supply and demand shift in response to changes in a product's price.
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The Chesapeake Bay is a delicate system of interacting organisms, including marine animals, plankton, and microbes. In recent decades, nutrient pollution has posed a major threat to this system, resulting in dead zones where oxygen levels drop too low to support life. This process is known as eutrophication.
If reef restoration efforts based on Shulte's experiment are implemented throughout the bay, increased oyster populations may help to restore the ecosystem. The flowchart below shows how oysters can affect other components of the Chesapeake Bay ecosystem.
Drag each statement to the appropriate location in the flowchart.
The correct answer is eutrophication.The Chesapeake Bay is a subtle system of interacting organisms, together with marine animals, plankton, and microbes.
In recent decades, nutrient pollution has posed a most important risk to this system, ensuing in useless zones the place oxygen stages drop too low to guide life. This method is regarded as eutrophication.
What are the results of eutrophication?Consequences of eutrophication encompass immoderate plant production, blooms of hazardous algae, extended frequency of anoxic events, and fish kills.
The recognized consequences of cultural eutrophication encompass blooms of blue-green algae (i.e., cyanobacteria, Figure 2), tainted drinking water supplies, degradation of recreational opportunities, and hypoxia.
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https://brainly.com/question/8499582#SPJ4gary is writing about targeting in his marketing plan, and states that empty nesters are an important segment for his company. his company probably has to do with which of the following?
gary is writing about focused on in his advertising and marketing plan, and states that empty nesters are an vital section for his company. his corporation probable has to do with consider overall performance the use of advertising metrics.
What is in a advertising and marketing plan?The advertising and marketing layout small print the strategy that a organisation will use to market its products to customers. The design identifies the target market, the fee proposition of the manufacturer or the product, the campaigns to be initiated, and the metrics to be used to check the effectiveness of marketing initiatives.
What is the predominant center of attention of a advertising plan?The reason of a advertising graph is to make certain that advertising things to do are relevant and timely to attain an organization's objectives. It's a layout defining a sustainable aggressive function and defining the assets crucial to obtain it.
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https://brainly.com/question/9027729#SPJ4A simple organizational structure may lead to problems such as unclear boundaries of authority and few career advancement options. True False.
It is true that a simple organizational structure may lead to the problems such as unclear boundaries of authority and few the careers advancement options.
What is a career?A person's metaphorical "journey" through education, employment, and other facets of life is their career. Career can be defined in a number of ways, and it has many different applications. Career management, often known as career development, refers to a person's active and intentional career management. Key competencies include the capacity to evaluate one's current career, investigate the labor market, decide whether schooling is required, identify vacancies, and change careers. The management of one's career, including changing careers, is crucial. Over the course of a lifetime, both the individual and the labor market will change; it is to be anticipated that many people will change their employment.
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machine learning is still not as good as people in most cases but in some cases better than people in regard to
Machine learning is still not as good as people in most cases but in some cases better than people in regard to recognizing patterns and relationships.
What is a machine, simply put?A machine is something that humans have made to facilitate work. It is an invention or tool that increases the impact of human effort. A mechanical advantage is produced by the machine.
How does it work?A machine's function may be limited to the simple modification and transmission of forces and motions, or it may involve the conversion of chemical, thermal, electrical, nuclear, or other forms of energy into mechanical energy. Every machine has an input, an output, a device for transforming, modifying, and transmitting, as well as a device.
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a jeans maker is designing a new line of jeans called slams. slams will sell for $295 per unit and cost $188.80 per unit in variable costs to make. fixed costs total $68,000. (round your answers to 2 decimal places.)
The company needs to sell 641.19 units or generate $189,500.00 in sales to break even.
What is the break-even?Generally, The contribution margin per unit of the Slams jeans is $295 - $188.80 = $106.20.The contribution margin ratio is the contribution margin per unit divided by the selling price per unit, or $106.20/$295 = 0.36.
To break even, the company needs to generate enough sales to cover its fixed costs. The break-even point in units is the fixed costs divided by the contribution margin per unit, or $68,000/$106.20 = 641.19 units.
To break even in dollars, the company needs to generate $68,000 in sales. The break-even point in dollars is the fixed costs divided by the contribution margin ratio or $68,000/0.36 = $189,444.44.or $189,500.00So, the company needs to sell 641.19 units or generate $189,444.44 in sales to break even.
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