Defining the parameters is the first step of the project because you have to have the measurements for your project before you start. You can just make something blindly. ... Give two examples of math skills that you used in creating your project.
Answer:
Break-even point (dollars)= $772,500
Explanation:
Giving the following information:
The contribution margin ratio of Donath Corporation's only product is 64%. The company's monthly fixed expense is $454,200 and the company's monthly target profit is $40,200.
To calculate the sales in dollars to obtain the desired profit, we need to use the following formula:
Break-even point (dollars)= (fixed costs + desired profit)/ contribution margin ratio
Break-even point (dollars)= (454,200 + 40,200) / 0.64
Break-even point (dollars)= $772,500
Understand the needs of your customers; sales, transportation, the whole supply chain. Take function and brand into account. Reduce, minimise and optimise packaging materials. Reduce packaging waste, use recyclable lightweight materials, biodegradable, compostable materials and renewable resources.
Answer:
b) $900,166
Explanation:
The computation of the market value of the firm is given below:
The Market value of building $819,000
Add: Market value of counter and fixtures $65,000
Add: Retail price of inventory ($319,000 × 1.20) $382,800
Add: Collection from accounts receivables ($21,700 × 98%) $21,266
Add: Cash available $26,800
Total value of assets $1314,866
Less: Total debt -$414,700
Market value $900,166
Answer:
False
Explanation:
Only after the purchase was approved
