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kakasveta [241]
2 years ago
7

the point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known a

s the
Business
1 answer:
sergiy2304 [10]2 years ago
7 0

The point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known as the <u>break-even point</u>.

<h3>What is a break-even point?</h3>

In economics, a break-even point for an investment is determined by comparing the market price of an asset to the original cost and the break even point is reached when the two prices are equal.

The formula for break-even point is determined by dividing the total fixed costs associated with the production by the revenue per individual unit, minus the variable costs per unit.

Read more about break-even point

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McRae Corporation's total current assets are 412,000, its non-current assets are $524,000, its total current liabilities are____
lapo4ka [179]

Answer: See explanation

Explanation:

It should be noted that:

Working capital = Current assets - Current liabilities

$356000 = $412000 - Current liabilities

Current liabilities = $412000 - $356000

Current liabilities = $56000

Stockholders equity = Total asset - Total liability

Total asset = $412000 + $524000 = $936000

Total liabilities = $56000 + $274000

= $330,000

Stockholders equity = Total asset - Total liability

= $936000 - $330000

= $606000

5 0
3 years ago
What is price index number?​
Semmy [17]

Answer:

Price index number can be defined as a measure of how the price of goods and services change over a specific period of time.

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered.

Generally, the price a consumer (buyer) would pay for goods and services are primarily being set by the seller or service provider.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

Price index number can be defined as a measure of how the price of goods and services change over a specific period of time.

Hence, it's a statistical value (number) that is typically used for expressing the price change of goods and services as a percentage of prices in a base year.

On a related note, the consumer price index (CPI) is a measure used to analyze and examine the weighted average or aggregate of prices of a basket of goods and services paid for by consumers such as medical, food, and transportation.

8 0
3 years ago
When a contractor seeking external projects prepares to submit a proposal, it is really conducting a small project with the prim
irina [24]

Answer: True

Explanation: By conducting a small project as a proposal, a contractor is actually showing in a small scale that he is both capable, is the right man for the job (external project) and is able to ensure the external project is completed with its goals and objectives accomplished. It is these goals that drive the project, and all the planning and implementation . As such, the project has to be compelling and complete.

True gives the answer to the question.

3 0
3 years ago
Read 2 more answers
What will be the nature of balance of trade if imports are of manufactured goods?
Radda [10]

Answer:

b). Positive

Explanation:

The nature of the balance of trade if imports are of manufactured goods is POSITIVE

Considering that Balance of trade is a term that is used to describe the difference between the imports and exports value of a country over a given period.

Hence, when a country manufactured goods instead of importing them, the balance of trade is believed to be Positive.

On the other hand, when a country imports goods instead of manufacturing them, the balance of trade is believed to be negative.

7 0
3 years ago
When a finalist does not get a job offer, they are likely to perceive ________.
Fudgin [204]

Answer:

b. low distributive fairness

Explanation:

Staffing is simply ways or means of acquirement, deployment, and retainant of a workforce of sufficient quantity and quality so as to give or bring about (create) positive impacts on the organization's/firm effectiveness. There are Three types of justice. They are: Distributive, procedural, and interactional. Distributive justice is based on perceived fairness of decision-making outcomes.

Distributive fairness is the perceived fairness of the hiring or promotion outcome.. when distributive justice is low, it means that there is a lack of fairness that people are getting rewarded what they should.

8 0
3 years ago
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