1. Calculate the contribution margin per unit of output for a firm whose: (a) product price per unit (P) = $10.00, and its average variable cost (AVC) = $7.50. (b) P = $15,000, and AVC = $12,000.
2. Would you move your money to another bank if you discovered that your bank poorly managed your money and/or cheated you out of some money? Explain.
3. Explain in detail Assess the purpose of using the DuPont system for analysis. Explain how the factors in the DuPont equation influence the ROA equation.