The answer is Contribution Margin.
What is break-even point?
A transaction or investment's breakeven point (break-even price) is established by comparing the market price of an asset to its initial cost; the breakeven point is reached when the two prices are equal. In business accounting, the breakeven point is calculated by dividing the entire fixed costs of production by the revenue per unit less the variable costs per unit. Those expenses that don't fluctuate regardless of how many units are sold are referred to in this context as fixed costs. The production level at which all sales for a product net the same amount of money as all expenses is known as the breakeven point.
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Common stockholders will not receive any money before the preferred stock holders in the case of the company having to liquidate. So thats a disadvantage. Preferred stockholders tend to get higher dividends paid out to them, which is an advantage.
Answer:
97.8 or 98 items
Explanation:
A items:
= Percent of items in inventory × No. of items
= 0.1 × 6,800
= 680
B items:
= Percent of items in inventory × No. of items
= 0.31 × 6,800
= 2,108
C Items:
= Percent of items in inventory × No. of items
= 0.59 × 6,800
= 4,012
Units to be counted everyday:
= 30.90 + 34.55 + 32.35
= 97.8 or 98 items
Fiduciary duties are mentioned in the statue and enforceable in different states but there is not any clear demarcation. The court should rule in favor of Newbury group because it has not violated anything in the conduct of business
.
<u>Explanation:</u>
a- Following fiduciary duties owed by member of LLC to other members
i-<u>Fiduciary duty of Loyalty</u>- Under this member in the LLC should be loyal to each other and they should put the success of and benefits to the LLC above any personal or individual advantages. They should also note that conflict of interest between LLC’s objective and their own objective should be avoided to the fullest.
ii- <u>Fiduciary duty of Care</u>- The members of the LLC should act in good faith, honestly and should exercise reasonable care while carrying their obligation and duty for the LLC. All decision and steps they took should be taken with full dedication and ownership.
b - Fiduciary duties are mentioned in the statue and enforceable in different states but there is not any clear demarcation between personal and LLC duties. The words are vague and not clear. Judicial precedence and decision in certain cases have decided about the legality of violence of fiduciary duty. Through operating agreement members in LLC can alter the fiduciary duty.
c-The court should rule in favor of Newbury group because it has not violated anything in the conduct of business.
<span>do all of these</span><span>
Risk management is when you identify, prioritize and assess risks followed by organized application of your resources in order to track, lessen and control events that are fortuitous or unfortunate in nature. This is used in economics in order to get the most for the realization of goals and business prospects. Risk management aims to prove that uncertain, unexpected and unordinary events do not affect or hinder the business to succeed and reach the end goal. This is why this is important in the planning process.</span>