Jennifer’s Pineapple Inc. was making $12 Million in sales, but due to strong competition from Coconut Co. she decided to drop all prices by 10%. Her contribution margin was 50%. Assume no change in Jennifer’s internal costs per unit. What new sales revenue would be necessary to break even (that is, maintain the current total contribution) on this 10 percent price reduction?
Answers: 3
Business, 21.06.2019 23:30, KylaChanel4756
You are frustrated to find that the only way to contact the customer service department is to make a phone call. the number listed would result in long distance charges to your phone bill. which issue should be addressed by the company to keep its crm in line with your expectations?
Answers: 2
Business, 22.06.2019 12:30, asseatingbandit
Sales at a fast-food restaurant average $6,000 per day. the restaurant decided to introduce an advertising campaign to increase daily sales. to determine the effectiveness of the advertising campaign, a sample of 49 days of sales were taken. they found that the average daily sales were $6,300 per day. from past history, the restaurant knew that its population standard deviation is about $1,000. if the level of significance is 0.01, have sales increased as a result of the advertising campaign? multiple choicea)fail to reject the null hypothesis. b)reject the null hypothesis and conclude the mean is higher than $6,000 per day. c)reject the null hypothesis and conclude the mean is lower than $6,000 per day. d)reject the null hypothesis and conclude that the mean is equal to $6,000 per day. expert answer
Answers: 3
Jennifer’s Pineapple Inc. was making $12 Million in sales, but due to strong competition from Coconu...
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