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Likurg_2
1 month ago
9

All other things being equal, a company that sells multiple products should attempt to structure its sales mix so the greatest p

ortion of the mix is composed of those products with the highest _______.
Business
1 answer:
Katen [2.9K]1 month ago
8 0

Response: contribution margin

Clarification:

The contribution margin represents the additional revenue generated from each product or unit sold, calculated after deducting the variable costs incurred by the firm. This margin is obtained by subtracting the variable cost per unit from the selling price each unit fetches.

Understanding the contribution margin provides insights into how a specific product adds to the company's profits. It indicates the profit potential of a product within a company's offerings and clarifies the sales volume necessary to offset the company's fixed costs. The leftover revenue after covering fixed costs signifies the profit earned.

Formula: Contribution margin = Sales revenue - Variable cost

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According to an article in marketing news, fewer checks are being written at grocery store checkout stands than in the past. to
stepan [3001]
<span>Provided:
Payments made by check       Year 1    Year 2    Year 3
Yes:     225           175        125
No:      275           325        375


</span><span>If the proportion of shoppers paying by check remained unchanged among the three years, the anticipated number of shoppers who pay by check in year 1 is 175.

Each year records 500 customers, and the percentage of customers paying by check diminished from 45% to 25%. Assuming constant proportions, I interpreted the data as an average. Therefore, (225+175+125) / 3 = 525 / 3 = 175.</span>
8 0
12 days ago
The specific collection of values, norms, beliefs, and attitudes shared by people and groups in a company is commonly referred t
arsen [2965]

Response:

C. organizational culture

Clarification:

Organizational culture encompasses the values, philosophies, and aspirations of a company that steer its members’ behaviors. Culture is reflected in how members interact internally and communicate externally. It is founded on shared beliefs, attitudes, customs, and both documented and unwritten rules that have evolved over time.

This culture is exhibited through various aspects, such as modes of communication, messages circulated internally, behavior of leaders, and company celebrations. To summarize, organizational culture is the distinctive manner in which an organization operates.

8 0
27 days ago
Austin borrowed $700 from a lender that charged simple interest at a rate of 9% for 6
harina [3203]

Response:

Initial investment of $700

Interest rate     9%

Duration       6 years

Annual interest: (700x0.09)    =63

Total interest after the loan term: (63x6) = 378

8 0
11 days ago
Jane purchased a piece of equipment for $250,000 for use in her business. She incurred freight charges of $3,500, installation c
stepan [3001]

Answer: $36,000 loss

Explanation:

Initial cost = $250,000

Shipping fees = $3,500

Setup fees = $2,500

Annual maintenance = $5,000

Depreciation amount = $25,000

Proposed selling price = $200,000

Total costs involved = $(250,000 + 3,500 + 2,500 + 5,000)

Total costs involved = $261,000

Depreciation amount = $25,000

Equipment's book value = $261,000 - $25,000 = $236,000

Calculating gain/loss = Book value - selling price

Gain/loss = $236,000 - $200,000

$36,000 loss

4 0
27 days ago
Universal Containers wants to be able to assign Cases based on the same criteria they use for Live Agent chats.Which feature sho
Mariulka [3175]

Answer:

Universal Containers wishes to assign Cases using the same criteria employed for Live Agent chats. Which feature should a Consultant propose?

Omni-channel Skills-based routing

Explanation:

4 0
1 month ago
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