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Pavel [41]
2 years ago
8

Given a sales price of $100, variable costs of $70 and a break-even point of 500 units, net operating profit for sale of 501 uni

ts will be $
Business
1 answer:
Lelu [443]2 years ago
7 0

Given a sales price of $100, variable costs of $70 and a break-even point of 500 units, net operating profit for a sale of 501 units will be :- <u>$30</u>

What is profit and loss?

A financial statement that outlines the sales, expenditures, and expenses incurred during a specific time period—typically a quarter or fiscal year—is referred to as a profit and loss (P&L) statement. These documents reveal if a business can produce profit by raising sales, cutting expenses, or doing both. Frequently, these statements are given on an accrual or cash basis.

The income, cost, and expense totals for a given period are compiled in the profit and loss statement, a financial statement.

Along with the balance sheet and the cash flow statement, every publicly traded firm also releases a P&L statement quarterly and annually.

To learn more about profit and loss with the help of given link:-

brainly.com/question/26483369

#SPJ4

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(True) or (False)? The gain or loss on the sale of an asset can be calculated as the difference between sale price and accumulat
AnnZ [28]

Answer:

False

Explanation:

Rather, gain or loss on the sale of an asset can be calculated as the difference between sale price and net book value (NBV).

The net book value can be calculated by accumulated depreciation from the purcahse price of the assets.

Therefore, gain or loss on the sale of an asset can be calculated using the following fomula:

Gain (loss) on the sale of an asset = Sales price - Net book value

5 0
3 years ago
When employees who don’t want to attend an all-day workshop take the attitude "You can make me go, but you can’t make me pay att
Galina-37 [17]

Answer:

The answer is lose-lose

Explanation:

In a lose-lose approach, one's  actions hurt oneself as much as they do their opponent.

6 0
3 years ago
Read 2 more answers
Versaille company has cost of goods manufactured $325,000, beginning finished goods inventory $150,000, and ending finished good
belka [17]

Calculation of Cost of Goods Sold for Versaille company:


It is given that Versaille Company has the cost of goods manufactured $325,000, beginning finished goods inventory $150,000, and ending finished goods inventory $175,000. The Cost of Goods Sold can be calculated using the following formula;


Cost of Goods Sold = Cost of goods manufactured + beginning finished goods inventory - ending finished goods inventory

= 325,000+150,000-175,000

= $300,000


Hence, the cost of goods sold for Versaille company is <u>$300,000</u>




7 0
3 years ago
If you purchase health insurance from a federal- or state-facilitated health insurance marketplace, then you are eligible for a
Sliva [168]

Answer:

credit.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

A tax incentive can be defined as benefits such as deductions, exclusions or exemptions given by the government to individuals or businesses so as to motivate them to save or spend money by reducing their tax rates i.e the amount of money to be paid as tax.

In the United States of America, if an individual or a patient purchase health insurance from a federal- or state-facilitated (sponsored) health insurance marketplace, then he or she is eligible for a premium tax credit payable by the internal revenue service (IRS).

This ultimately implies that, a premium tax credit is a refundable tax credit and it reduces the amount of money an individual or household would pay for his or her monthly health insurance payments when purchased through the health insurance marketplace.

An example is the Affordable Care Act (ACA) which was formally known as the Patient Protection and Affordable Care Act (Obamacare). It is a federal statute of the United States of America which was enacted by the 111th US Congress and signed into law by President Barack Obama. The Affordable Care Act (ACA) became effective on the 23rd of March, 2010 and it focused on making affordable health insurance available to qualified people or households through cost-sharing reductions and premium tax credits (subsidies).

6 0
3 years ago
How might external and internal environmental factors influence the strategic plan? Highlight the basic differences between vert
alexgriva [62]

Answer:

External factors like the economy, politics, competitors, customers, and even the weather and internal factors such as staff, company culture, processes, and finances can influence an organization's Strategic Plan.

Explanation:

  • The vertical and horizontal external business environment is composed of economic, political and legal, demographic, social, competitive, global, and technological factors while the organization's culture, product development, mission and strategy are all part of the internal institutional, resource-dependent, and contingent environments.
  • Vertical and horizontal external environments are generally beyond the control of management and change constantly compared to internal institutional, resource-dependent, and contingent environments that managers have a great deal of control over.

A health leader operating in these environments can leverage on continuous study on how to adapt to the external business environment to ensure success

5 0
3 years ago
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