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iragen [17]
2 years ago
12

When participating in fiscal planning, a leader should perform what role?

Business
1 answer:
anyanavicka [17]2 years ago
5 0

When participating in fiscal planning, a leader should perform the role of being visionary in identifying short- and long-term unit fiscal needs.

<h3>What is fiscal planning?</h3>

This is the financial planning of an organization which involves income and expenditure at a particular time.

A good leader should be able to identify both short and long term needs of an organization in order to make a choice of satisfying important and urgent needs at a time.

The needs can be arranged according to the scale of preference and a choice is made to determine opportunity cost.

Learn more about fiscal:

brainly.com/question/25791968

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Justin deposits $4,000 into an IRA account that earns an annual interest rate of 6.5%. If he makes no additional deposits, how m
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Sorenson LLC, a publicly traded company, has ten members on its board. Of the ten members, six members are employees of the comp
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8 0
3 years ago
Break-Even Point
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Answer:

The right answer is:

(a) 5916 units

(b) 5046 units

Explanation:

Given:

Sales,

= $59

Variable cost,

= $30

Fixed cost,

= $171,564

Increased sale,

= $64

Now,

(a)

Contribution margin will be:

= Sales - Variable \ cost

= 59-30

= 29 \ per \ unit ($)

hence,

Breakeven will be:

= \frac{Fixed \ cost}{Contribution \ margin}

= \frac{171564}{29}

= 5916 \ units

(b)

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= Sales-Variable \ cost

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= 34 \ per \ unit ($)

hence,

Breakeven will be:

= \frac{Fixed \ cost}{Contribution \ margin}

= \frac{171564}{34}

= 5046 \ units

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