Answer:
A ). Look at competitors' sales and profitability
Explanation:
A new business is a fresh entrant in the market. It does not have records to use in projecting future sales. The company will operate in a competitive industry. To be able to predict its sales, the business will have to rely on data from other firms in the industry.
A study of its competitor's sales and profits will provide the business with a clear picture of what to expect. The new entrant figures should not vary with its competitors with huge differences.
Using guesswork is will probably mislead the directors of the business. Most likely, they will get over-ambitious, which will frustrate them when they begin operations. As they are new, they cannot use the previous year's receipts.
Answer:
1. Manufacturing
2. Service
3. Merchandising
4. Manufacturing
5. Hybrid type of business
Explanation:
I'm not sure about my answers but- they are based on logic if you look closely at each picture
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Answer:
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Answer:
a) Break even point in units = 2000 Units
b) Break even point in Dollars = $1500
Explanation:
Break even point is the point of no profit no loss. It is where revenue equals total cost.
a)
To calculate break even point in units, we first need to find out the contribution margin per unit (CM per unit).
CM per unit = Selling price - variable cost = 0.75 - 0.5 = $0.25
The break even point in units = 500 / 0.25 = 2000 units
b) To calculate the break even point in dollars, first we need to calculate the contribution to sales ratio.
Contribution to Sales ratio = 0.25/0.75 = 1/3
Break even in dollars = 500 / (1/3) = $1500
Answer:
$739.72 ≈ 739.72
Explanation:
we can use an excel spreadsheet and the present value function to calculate the expected price of each bond ⇒ =PV(rate,nper,pmt,fv,[type])
- fv = $1,000
- pmt = $1,000 x 7.25% x 1/2 = $36.25
- nper = 60
- rate = 10% / 2 = 5%
- present value = ?
=PV(5%,60,36.25,1000) = -739.72 since excel calculates the initial investment, it is always negative, so we just change the sign.