Answer:
Form partnerships with other businesses. Learning about who your customers are, such as their demographics, can help you find other small businesses that serve them. You can approach these businesses for joint promotions that'll be mutually beneficial.
Create profitable order upgrades. Knowing the other products and services that your customers tend to buy can help you come up with add-ons, product bundles, and up-sells that increase the average value of each order.
Explanation:
Cost volume profit shows the relation between sales volume, price and costs, these three factors affects the profit of company. Such CVP analysis used in decision making for the company. Profit volume(PV) ratio is one of the ratio from CVP analysis. PV ratio is the ratio between Contribution and sales of the company.
For example:- Let's say Sales of the company is $10,000,000 and variable cost = $3,585,000
Contribution will be Sales-variable cost = $10,000,000 - $3,585,000 = $6,415,000
PV ratio = Contribution/sales *100 = $6,415,000 / $10,000,000 * 100 = 64.15%
Here in this example, PV ratio of 64.15% is the contribution before fixed cost that a company has earned from its sales.
Break Even Analysis:-
Break even analysis show the situation where the company is at zero profit situation, means no profit no loss situation. Break even analysis or the break even point is the point that given the level at which company earns no profit or incurred no loss. Break even point is one of the analysis that comes under Break even analysis. Break even analysis is the ratio between fixed cost and PV ratio (%) of the company.
For example;- Let's say in the above example Fixed cost of the company is $1,300,000 and PV as calculated in the above example is 64.15% , Break even point will be Fixed cost / PV ratio = $1,300,000 / 64.15% = $2,026.500. This is the point where company is at zero profit/loss situation means company incurred no loss and earned zero profit.
Answer:
60%
Explanation:
To calculate the percentage assigned to cost of goods sold
, we should use the formula:
= 60%
Therefore, the percentage assigned to Cost of goods sold is 60%
Answer:
These payments worth to me when I first start my college are$4,303.
Explanation:
Monthly Payments = P = $100
Interest rate = i = 5.5% = 0.055 = 0.055/12 = 0.00458
Number of years = 4 years
Period in a year = 12 months
Number of total periods = n = 4 x 12 = 48 periods
APV = P [ 1 - ((( 1 + i )^-n ) / i)]
APV = 100 [ (1 - (( 1 + 0.00458 )^-48 ) / 0.00458)]
Annuity present value = $4,303
Answer: They are three type of community we have; Urban, rural and suburban.
Explanation:
They are three type of community we have; Urban, rural and suburban. Urban community refers to a community that has developed to a large extent, most residents have non-agricultural jobs, the city has commercial buildings, roads, railway more banks.
Suburban community areas are lower density areas that separate residential and commercial areas from one another. They don't have much development as the Urban community.
Rural community is known for it's underdevelopment, has more of residential areas than industries around it.
I presently stay in a suburban community
