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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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Jax Recording Studio purchased $8,200 in electronic components from Music World. Jax signed a 90-day, 10% promissory note for $8

Brilliant_brown [7]

Answer:

E. Debit Notes Receivable $8,200; credit Sales $8,200

Explanation:

According to the problem, computation of the given data are as follows,

Sales on credit = $8,200

Notes receivable = $8,200

So, journal entries of the sales transaction are as follows,

Notes receivables A/c Dr. $8,200

To, Sales A/c. $ 8,200

(Being sales of equipment is recorded)

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3 years ago

One pound of material is required for each finished unit. The inventory of materials at the end of each month should equal 25% o

lara31 [8.8K]

Answer:

Raw material purchases (in pounds) 20,275

Explanation:

The computation of the purchase of raw material made for February month is shown below:

Production in Units 20,600

Multiplied by Raw material needed per unit (in pounds) 1

Total raw material required (in pounds) 20,600

Add: closing Inventory (25% of 19300 pounds) 4,825

Less: Opening Inventory (25% of 20600 pounds) 5,150

Raw material purchases (in pounds) 20,275

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3 years ago

Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of the following transa

Jlenok [28]

Answer:

Item cash Net income

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b Adjusting entry for use of supplies - -$30

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Received cash from customer on acct $865 -

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Purchased equipment for cash -$2,528 -

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3 years ago

Why are capital appreciation bonds (CABs) a controversial way for local governments to finance projects?

denis-greek [22]

Answer:

See explanation section

Explanation:

Municipal security from which an investor will receive a return on investment from an initial principal is called a capital appreciation bond. However, in this security, the return on investment will be reinvested further until the security matures at a specific rate. The primary purpose of the CABs is to permit the local authority to generate revenue. Due to the financing in the innovative project without increasing the tax is one of the controversial ways for local governments to finance projects. Another controversial way is to owe investors more than what they acquired.

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3 years ago

How does supporting fair trade help consumers?

Soloha48 [4]

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3 years ago

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