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Answer:
22%
Explanation:
Margin of Safety is the amount by which sales can fall before making a loss.
Margin of Safety = Expected Sales - Break-even Sales ÷ Expected Sales
= (13,600 - 10,608) ÷ 13,600
= 0.22 or 22%
Answer:
Scalability
Explanation:
Scalability is the ability to increase or decrease resources for any given workload.
- When the resource is increased by the addition of more resources to service a workload, it is known as Scaling Out.
- When the resource is decreased by the reduction of resources to service a reduced workload, it is known as Scaling In.
- When additional capabilities is added to manage an increase in demand to the existing resource , it is referred to as Scaling Up.
- Likewise, when capabilities is reduced to manage a decrease in demand to the existing resource , it is referred to as Scaling Down.
Scaling does not have to be done automatically.
Answer:
A. True
Explanation:
At the time of publishing the financial statements of the public companies under the jurisdiction of the Securities and Exchange Commission (SEC) is compulsory to hire the independent auditor or we can say Chartered Accountant (CA) so that he or she can assess the financial statement prepared by the public company whether it follows the Generally Accepted Accounting Principles (GAAP) or not.
And, according to that the independent auditor given his or her qualified or unqualified opinion
Answer: Demand is Unit - Elastic over this price range.
Explanation:
When total revenue remains the same over various price level then the demand curve is unitary elastic.
Unit-Elastic demand - It depicts a demand curve which is perfectly responsiveness to changes in cost. That is, the amount of demand changes as indicated by a similar percentage changes in prices.
A demand curve with an elasticity of 1 is called as unitary elasticity of demand.