BYP20-9 Information Given Sales Price: 26 Fixed Costs (FC): $4‚000 VC: 7.8 Equipment Lease: $1460 CM: 18.2 $5460 Contribution Margin Ratio: 18.2/26= Members needed to Breakeven: 300 70% Monthly Membership Fee: $26 Part A: Amount of Variable Costs (VC) Required Sales – Variable Costs – Fixed Costs = Net Income 26(300) – VC(300) – 5460=0 7800 – 300VC – 5460=0 2340 = 300VC 7.8 = VC per Unit Variable Costs: 2340 Part B: What are the monthly sales
Premium Costs Variable cost Revenue
Chapter 9 Global Market Entry Strategies Licensing‚ Investment‚ and Strategic Alliances 1) Companies like Bill Blass‚ Hugo Boss‚ and other global design icons typically generate more revenue from licensing deals for jeans‚ fragrances‚ and watches than from their high-priced couture lines. Answer TRUE Diff 2 Page Ref 265-267 AACSB Reflective Thinking 2) Licensing is a contractual agreement whereby one company (the licensor) makes a legally protected asset available to another company (the licensee)
Premium Marketing Economics Corporation
the Accounting Standards Review Board (ASRB) ceases to exist in New Zealand. 1. What is the ASRB to be replaced with‚ and what will be the statutory authority of this new organisation? The current authoritative accounting board is Accounting Standard Reporting Board (ASRB). This board reviews and approves financial reporting standards and their amendments‚ give directions as to authoritative support of accounting policies and encourage development of financial reporting standards. This board
Premium International Financial Reporting Standards Financial statements
HAIER: TAKING A CHINESE COMPANY GLOBAL Group: 9 Hunny Agarwal (102) Hakim Datawala (115) G. H. Krishna (118) Sushant Mondal (137) Abhishek Parekh (142) Anirban Sengupta (150) Haier Group: Highlights Number one company by Asian Wall Street Journal China’s largest Home Appliance Manufacturer Largest Player in the compact refrigerator market worldwide Brand “Haier” is recognized worldwide Haier Group: Challenges Declining Profit Margins; from 9.4% to 2.6% Overcapacity of white goods in Chinese Markets
Premium Haier Major appliance Home appliance
Beethoven‚ Symphony No. 9 Ludwig Beethoven was not only one of the greatest composer & musician ever born- he is a wonderful study tool for me during exam week. My faithful study partner was born in a small town‚ Bonn‚ Germany on December 16‚ 1770 to a family of professional musicians. Beethoven learned violin and some other instruments from his father. His father wanted him to be perfect in music‚ and in that endeavor he violently scolded Beethoven whenever he made any kind of mistake during
Premium Ludwig van Beethoven Symphony
One September 11‚ 2001 Islamic Terrorists hijacked several flights and struck the World Trade Center and the Pentagon. The US was shaken by 9/11. In response to the attacks the US passed laws to protect its people. The Patriot Act was one of the laws or acts that was passed in response to the 9/11 attacks. The goals of the Patriot Act were to strengthen domestic security and increase the powers of law-enforcement agencies to stop terrorism. In addition‚ the US Department of Homeland security created
Premium Federal Bureau of Investigation United States Democratic Party
Module Nine: Lab Questions ● ● ● ● ● ● ● ● ● 1. Which technique is the best choice when blood is found at a crime scene? In the genetics laboratory (under "resources" at the bottom of the window)‚ who is one individual that contributed to modern genetic analysis? What did this person contribute? Analyzing the blood in a lab would be the best technique‚ Alec Jeffrey’s is known as the father of genetic profiling. He invented what is now an essential technique. Also he linked a murderer to two young girls
Premium Fingerprint Forensic science Chemistry
Spreadsheet Applications Marcy E. Alvarez Kaplan University This course has helped me have a better understanding on spreadsheet concepts‚ including calculations‚ formulas‚ built-in functions‚ and spreadsheet design. It has also given me the opportunity to explore charts‚ data tables‚ pivot tables‚ and what-if analysis. Moreover‚ I am now able to easily create spreadsheets to solve business problems‚ use the formulas and functions to perform calculations prepare workbooks to consolidate
Premium Spreadsheet Microsoft Excel Microsoft Office
Chapter 9 THE FIXED PRICE KEYNESIAN MODEL The Keynesian Critique of the Classical Model Wages‚ prices and interest may be “sticky‚” or inflexible‚ so that markets may not always clear. The classical model assumed that wages were flexible enough so that labor markets always cleared; the price level was flexible enough so the product market always cleared; and real interest rates were flexible enough so that saving is always equal to investment so that the loanable funds markets cleared. Money
Free Monetary policy Federal Reserve System Inflation
MANU/SC/0403/1991Equivalent Citation: AIR1991SC1784‚ 1991ECR289(SC)‚ 1992(60)ELT671(S.C.)‚ JT1991(3)SC108‚ 1991(2)SCALE58‚ (1991)3SCC467‚ [1991]2SCR960‚ 1991(2)UJ260IN THE SUPREME COURT OF INDIACivil Appeal No. 3401 of 1988Decided On: 16.07.1991Appellants:M/s. Burn Standard Company Ltd. and another Vs. Respondent: Union of India and othersHon’ble Judges/Coram: K. N. Singh and Kuldip Singh‚ JJ.Counsels: For Appellant/Petitioner/Plaintiff: Shankar Ghosh‚ Naresh Bakshi and K.D. Prasad‚ AdvsFor Respondents/Defendant: Ashok
Premium Supreme Court of the United States Manufacturing Duty