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Elina [12.6K]
2 years ago
12

The break-even point is the sales level at which a company?

Business
1 answer:
Andrews [41]2 years ago
8 0
The answer should be “which the company’s operating income is zero”

Hope this helps!
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Recall Little’s Law that relates the 3 most important process measures (average inventory, average flow rate, and average flow t
Anna11 [10]

Answer: 0.15 years

Explanation:

According to Little's Law, it should be noted that:

I = R × T

where,

I = amount of flow units

R = rate of processing flow units

T = time

For this question,

I = $45 million

R = $300 million

Time will be:

T = I/R

T = 45/300

T = 0.15 years

Therefore, the account receivable process will use an average of 0.15 years.

7 0
3 years ago
Green Valley Steel had sales of $1,000,000 and collections of $760,000, leaving a balance of $240,000 in accounts receivable as
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Answer: d

Explanation:

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2 years ago
The optimal risky portfolio can be identified by finding: I. The minimum-variance point on the efficient frontier II. The maximu
Darina [25.2K]

Answer:

A. III and IV only

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4 0
2 years ago
The purpose of a statement of retained earnings is to: __________.
marusya05 [52]

Answer:

To determine the closing balance of retained earnings

Explanation:

First and foremost, retained earnings are an important part of the shareholders' equity. In a bid to ascertain the correct position of total shareholders' equity at year-end, it is important that a statement of retained earnings reconciling the opening retained with net income and dividends declared during the year is prepared.

The balance at the end of the year is the total accumulated earnings which have not been distributed to shareholders as dividends or which may be used to finance projects that increase shareholders' wealth

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What factors are important in predicting change in price?
OLEGan [10]
Demand for the product,the season the product is in or if its outdated
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