Answer:
That we are no profit and loss position.
Explanation:
Breakeven point is the point at which the company is at no profit no loss position. If the lady is saying that we are breaking even, its one explanation is that all that we have earned has covered all of our costs. The second explanation is dependant on the fixed cost considered. If the fixed cost considered is for whole of the year and we are breaking even at the 8th month then the contribution in the next four months would be 100% profit.
Answer:
The answer depends on whether the expected future spot rate is higher or lower than the spot rate
Explanation:
Based on the scenario been described in the question, where we see that expected future spot rate moves closer to the spots rate the uncovered parity rate will indicate whether the expected future spot rate is higher or lower than the spot rate
The Uncovered Interest Rate Parity (UIRP) is a financial definition that assumes that the variation in the nominal interest rates within two countries will be the same to the relative changes in the foreign exchange rate over equal period.
Answer:
overspending
Explanation:
Credit purchases encourage one to spend more than they can afford. The fact that the sellers do not demand cash when goods change hands entices people to buy more. In credit purchases, cash is not required, only a commitment to pay later, which leads to overspending.
Overspending increases the probability of defaulting on credit payments. When the debt to income level rises too much, the borrower may be forced to miss some installment payments and cater to basic needs.
Answer:
1.72
Explanation:
SOLUTION
Cost of labor = $ 2000
Cost of material= $ 400
Overhead labor= $500
Multifactor productivity = (Value of Output/(Labor Cost + Material Cost + Overhead Cost))
(500 units)($10/unit)÷( $2,000 + $400+ $500)
= $5000÷$2900
= 1.72