A) credit union is a group of people who agree to save their money together and to make loans to each other at a relatively low rate of interest.
Answer:
29,394 units
Explanation:
The formula for break even point is given as Fixed cost / Contribution margin.
Where;
Contribution margin = Sales per unit - Variable cost per unit
Given that ;
Fixed cost = $194,000
Unit selling price = $14.90
Unit variable cost = $8.30
Therefore;
BEP(units) = $194,000 / $14.90 - $8.30
= $194,000 / $6.6
= 29,394 units
Trevor restores antique cars and sells them for profit. This is an example of CAPITAL GAINS income.
Capital Gain is a profit earned from the sale of a property or an investment. It is not only limited to vehicles. It is also applicable to real estate sales. Every Capital Gain has its corresponding taxes to be paid to the government.
Answer:
Natural attrition
Explanation:
Attrition means a situation whereby employees starts to leave an organization, this can be measured with a criterion known as Attrition rate. Attrition rate helps an organization to determine the numbers of employee leaving an organization either voluntarily or they are laid off.
Attrition can be due to
a. Better job offer outside.
b. Poor working condition.
c. Lack of growth on present work.
d. Problem with work life balance.
Types of Attrition.
Voluntary attrition, Involuntary attrition, and Retirement.
