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2 years ago

Content areathe point of zero profit is called the:________

Business

1 answer:

Norma-Jean [14]2 years ago

7 0

The content areathe point of zero profit is called the: Break-even point.

<h3>What is the Break-even point?</h3>

By dividing the fixed production costs by the price per unit less the variable production costs, the breakeven point is determined in accounting.
The production level at which a product's expenses and revenues are equal is known as the breakeven point.
When an asset's market price equals its initial cost, this is referred to as reaching the breakeven point in investment.
There are several circumstances in which breakeven points might be used.
Traders also use BEPs to analyze deals, calculating the price a security must reach to precisely pay all trade-related expenses such as taxes, commissions, management fees, and so forth.

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Which of the following is included in the M-2 definition of the money supply but NOT in the M-1 definition?

Komok [63]

The option included in the M2 definition of money supply and not in the M1 definition is money market mutual fund shares.

M2 definition of money supply that includes cash, checking deposits, and near money. M2 is a broader measure of the money supply when compared with M1. It also less liquid than M1. M1 includes includes cash and checking deposits.

Here are the options:

a. Checkable deposits.

b. Currency held in banks.

c. Currency in circulation.

d. Money market mutual fund shares.

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1 year ago

Beachside Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal in its o

Kisachek [45]

Answer:

the available options for the question are,

A. Cash Cr. $18, Food Revenue Dr. $18,

B. Cash Dr. $18, Food Revenue Dr. $18

C.Cash Dr. $18, Food Revenue Cr. $18

D. Cash Cr. $18, Food Revenue Cr. $18

and the correct answer is C.Cash Dr. $18, Food Revenue Cr. $18

Explanation:

the answer is simple. once they implement the accounting system, all the transaction will have at least a double entry.

when a cash sale is made for $18, this is a revenue stream for the business, while the cash balance of the business increases as well. Revenue account is an income and an increase in income is treated as increase in credit while the cash balance is an asset, and the increase of the asset is treated as a debit.

if you look at options A, B and D, all of these transactions are either mixed up or have both credits or debits which is wrong, because of this, only the answer C is correct.

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3 years ago

H and r budget challenge buckle up week quiz frank's electric bill has a cycle day of the 3rd and a due date 8 days later with a

PSYCHO15rus [73]

His payment is late and he will be assessed a late fee

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3 years ago

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When considering the economic prospects of a country, it can be said that Group of answer choices the advantages of building bra

tankabanditka [31]

Answer:

Options 1 - 4 are True but 5 is FALSE

Explanation:

All options given are indicators of economic growth and strong economic performance

When considering the economic prospects of a country, it can be said that: 1. the advantages of building brand loyalty and gaining experience in a country's business practices is greater for a last-mover than for a first-mover because the last-mover has the chance to learn from the mistakes of the first-mover and perfect on them

2. countries which do not have property rights protection tend to achieve greater economic growth rates because prosperity and property rights are inextricably linked. The importance of having well-defined and strongly protected property rights is now widely recognized among economists and policymakers

3. the economic system and property rights regime are reasonably good predictors of economic prospects of a country because widely accepted explanation is that well-enforced property rights provide incentives for individuals to participate in economic activities, such as investment, innovation and trade, which lead to a more efficient market.

4. countries where property rights are not well respected and where corruption is rampant always have very low levels of economic growth because as stated in 3 above ill-enforced property rights does not provide incentives for individuals to participate in economic activities, such as investment, innovation and trade, which lead to a more efficient market.

5.countries with command economies tend to achieve greater economic growth rates than free market economies.

This is FALSE because one of the Command economy disadvantages include lack of competition and lack of efficiency.

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3 years ago

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The type of letter of credit that can be split up between many suppliers, each able to present their own documents for payment a

Nastasia [14]

Letter of credit that can be split up between many suppliers, each able to present their own documents for payment and allowing the trader to take his profits from the balance of the credit, is called Transferable Letter of Credit .

Explanation:

Transferable Letter of Credit is a credit document in which the party can transfer the credit in full or partial to another beneficiary.

A transferable credit letter that enables a receiver to further pass all or part of the payment to another supplier in the chain or to some other receiver. This usually occurs when the recipient is merely a conduit to the actual supplier. Such LC allows the beneficiary to have their records, but to further pass the credit.

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3 years ago

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