Route Two Tire Company makes a special kind of racing tire. Variable costs are $220 per unit, and fixed costs are $31,000 per month. Route Two sells 500 units per month at a sales price of $300. The company believes that it can increase the price if the tire quality is upgraded. If so, the variable cost will increase to $230 per unit, and the fixed costs will rise by 25%. The CEO wishes to increase the company's operating income by 15%. Which sales price level would give the desired results? (Round your answer to the nearest cent.)
A) $990.00 per unit
B) $282.00 per unit
C) $318.00 per unit
D) $328.20 per unit
D) $328.20 per unit
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Joy purchased 200 shares of HiLo Mutual Fund on July 15, 2014, for $10,500, and has been reinvesting dividends. On December 15, 2018, she sells 100 shares.AmountNo. of sharesPurchase July 15, 2014$10,500200Reinvested dividends, Oct 1, 201580010Reinvested dividends, Oct 1, 201697020Reinvested dividends, Oct 1, 2017 980 20$13,250250What is the basis for the shares sold assuming (1) FIFO and (2) average cost method?
What will be an ideal response?
Answer the following statements true (T) or false (F)
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Answer the following statements true (T) or false (F)
1. Guests who serve as “consultants” to hospitality organizations usually receive a modest consulting fee. 2. George Tilyou’s idea of co-production at Steeplechase Park was never to embarrass any guests in front of other guests. 3. Other guests are a part of the service environment. 4. When guests serve themselves, they are usually helping the organization save on its labor costs.
Why is it important for public relations professionals to read and understand the news?
A) It helps them build their own news writing skills. B) It informs them of what journalists write, comment, and blog about. C) It enables them to compliment journalists when pitching a story. D) It provides a competitive edge against unfriendly competition.