Answer:
Break even point
Explanation:
The break even point is the number of units a company must sell such that total revenue equals the total cost. The total cost is usually made of the fixed and variable components.
The number of units required to break even ( that is to make no loss nor gain) is a factor that determines the total sales and the variable cost. It however may not affect the fixed cost.
what
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Round answers, its already rounded, lol
The statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
<h3>What is Economic growth?</h3>
Economic growth is used when a country performs better than the previous years in terms of it economy.
The country may have an increase the in quantity if goods supplied ands demanded that year compare to other years thereby increasing the money in.
Therefore, the statement that is true is An institutional environment that provides a strong incentive for people to engage in productive activities will promote economic growth. Option D is correct
Learn more on economic growth below
brainly.com/question/1690575
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Answer:
$71,340
Explanation:
The computation of the cost of inventory is shown below:
= Purchase value of inventory - discount charges + freight charges
where,
Purchase value of an inventory = $72,000
Discount charges = $72,000 × 3% = $2,160
Freight charges = $1,500
So, the cost of inventory is
= $72,000 - $2,160 + $1,500
= $71,340
The discount terms is 3% if payment is made within 10 days and total time of payment is 30 days instead of 33%
