Managers often study the profit margin-sales relation over the life cycle of individual products, rather than the
Question:
Managers often study the profit margin-sales relation over the life cycle of individual products, rather than the more direct profit-sales relation. In addition to the economic reasons for doing so, are there statistical advantages as well? (Note: Profit margin equals profit divided by sales.)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Yes managers study the profit marginsales relation over the life cycle of individual products and fo...View the full answer
Answered By
Akash Goel
I am in the teaching field since 2008 when i was enrolled myself in chartered accountants course
Since then i have an experience of teaching of class XI, XII, BCOM, MCOM, MBA, CA CPT.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Statistical analyses are often featured in lawsuits that allege discrimination. Two-sample methods are particularly common because they can be used to quantify differences between the average...
-
As managers use computer and software tools more often, they ll be able to make more rational decisions. Do you agree or disagree with that statement? Why? Although computer and software tools will...
-
As products are made, capacity is used up. Managers must allocate the constrained resource to products so as to maximize the company's contribution margin . Required: a. List three limited resources...
-
Coffin Corporation appropriately uses the installment-sales method of accounting to recognize income in its financial statements. The following information is available for 2014 and 2015....
-
Give the phase and the specific volume.
-
Of the legislative goals of the Obama administration identified above, which ones do you support and which do you oppose? Why?
-
3. Why do local market risk premiums differ across national stock markets? Do the differences mean that some markets are more attractive to invest in than others?
-
You have been assigned to collect thermodynamic data for a new liquid product your company is about to begin manufacturing and you decide to use a continuous-flow technique to generate a correlation...
-
Illustration: 1 o Calculate the earnings of workers Khalid and Salim under Straight Piece Rate o System and Taylor's Differential Piece Rate System from the following particulars: Standard time...
-
Which life cycle model would you follow for developing software for each of the following applications? Mention the reasons behind your choice of a particular life cycle model. Clearly Justify your...
-
In a regression-based estimate of a demand function, the beta coefficient for advertising equals 3.75 with a standard deviation of 1.25 units. What is the range within which there can be 99 percent...
-
To ensure a big fan turnout for a traditional rival, suppose the Arizona State Sun Devils offer one-half off the $16 regular price of reserved seats for a womens basketball game, and sales jumped...
-
This problem compares the aftertax income on a $35,000 investment for the following two investors resident in Ontario and two possible investments. Table 2-13 will be of assistance. Stanley Truck...
-
a) Describe the following concepts in the context of organizational development. b) Discuss how these concepts interrelate and support each other within an organizational framework
-
Q2. a) Analyze the importance of communication in the change management process. b) Suggests strategies that a Disaster Management Organization can employ to ensure effective communication during...
-
Q3. a) Explain the following Change Management Models
-
Q3. b) Discuss how each model can be applied in real-world organizational change scenarios.
-
In this question, you will work step-by-step through an optimization problem. A craftsman wants to make a cylindrical jewelry box that has volume, V, equal to 55 cubic inches. He will make the base...
-
Evaluate the ethicality of the corporate governance systems at Microsoft based on the discussion in the text.
-
Let X be a random variable taking on values a1, a2, . . . , pr with probabilities p1, p2, . . . , pr and with E(X) = μ. Define the spread of X as follows: This, like the standard deviation, is a...
-
A client has had an unanticipated event which has depleted his emergency reserves. He needs an additional $10,000 and has to sell one of his municipal bonds. The following bonds have similar ratings...
-
The text points out that asymmetric information can have deleterious effects on market outcomes. a. Explain how asymmetric information about a hidden action or a hidden characteristic can lead to...
-
Life insurance policies typically have clauses stipulating the insurance company will not pay claims arising from suicide for a specified termtypically two years from the date the policy was issued....
-
The FCC has hired you as a consultant to design an auction to sell wireless spectrum rights. The FCC indicates that its goal of using auctions to sell these spectrum rights is to generate revenue....
-
Your company produces a health magazine. Its sales data for 1 - year subscriptions are as follows: Year of Operation Subscriptions Sold % Expired at Year End 2 0 2 0 $ 3 0 0 , 0 0 0 5 0 2 0 2 1 $ 6 4...
-
The adjusted trial balance for Tybalt Construction on December 3 1 of the current year follows. TYBALT CONSTRUCTION Adjusted Trial Balance December 3 1 Number Account Title Debit Credit 1 0 1 Cash $...
-
( US$ millions ) 1 2 / 3 1 / 2 0 1 4 1 2 / 3 1 / 2 0 1 3 1 2 / 3 1 / 2 0 1 2 1 2 / 3 1 / 2 0 1 1 Net income $ 1 4 , 4 3 1 $ 1 2 , 8 5 5 $ 1 0 , 7 7 3 $ 9 , 7 7 2 Depreciation 3 , 5 4 4 2 , 7 0 9 1 ,...
Study smarter with the SolutionInn App