Solution:
Given information:
The fixed operating costs are$430,000.
The variable costs per unit are $2.95.
The selling price of the product is $4.50.
Calculation of the break-even point:
The formula to calculate the break-even point is:
Break-even point = Fixed costs / Selling price per unit -Variable costs per unit
= 430,000 / 4.50 - 2.95
= 430,000 / 1.55 = 277,419
Substitute $430,000 for the fixed costs, $2
Answer:
selling an investment for more than they paid for it
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Answer:
The company provides micro financial services to poor and the needy people having no access to regular banking services
This helps to boost small businesses and financial inclusion which are heart of any economy and vital to the economy and promoting growth.
Possible measures taken by the organization includes providing funds for at lower interest rates and providing credit services. Subsidized credit to deficient areas increases productivity and employment growth by means of boosting the small and medium-sized enterprises.
This may work in poor communities in United States. However in united schemes there are lots of other governmental schemes such as coupons, free food etc program are already running.
However, these programs are also carrying a potential here. But there potential is much greater in poor countries having less developed banking and financial reach.
Explanation:
True because coffee and other drinks can last up to hours of energy
