Answer:
Decision making problem
Explanation:
Plan international is an organisation which works in more than 71 countries around the globe. They have implemented an information system in their operation because they were facing decision-making problems before that they had to make quick decisions by just relying on decision-making skills. They had to maintain everything using paper documents, Plan International is working with children’s, communities and local and international governments to bring positive changes in people lives by providing health and education facilities.
Answer:
break even point in units = 2,667
break even point in $ = $33,338
Explanation:
The break even point marks the point where a company is able to cover all its expenses. At this point the company is not losing money, but it is not making a profit either.
break even point in units = total fixed costs / contribution margin
- total fixed costs = $10,000
- contribution margin = $12.50 - ($4 + $4.75) = $12.50 - $8.75 = $3.75
break even point in units = $10,000 / $3.75 = 2,666.67 ≈ 2,667 units
break even point in $ = 2,667 units x $12.50 per unit = $33,337.50 ≈ $33,338
It is TRUE that the basic idea dealing with how a business meets its customers' needs, the functions and operations that it organizes, and the finances is mostly captured in its business model.
- Basically, a business model is a profit-making plan. It expresses the products and services that a business has devised to meet customers' needs, using the bases of a given target market and expected costs.
- Differing components have been identified by various researches that form a business model. There is no general agreement as to what the components should be.
- However, the focus of a business model is on customers, infrastructure, and capturing value from business activities. These activities consume resources, which is at the center of the relationship between customers and value creation.
Thus, a business model is an important idea or plan that must be created at the beginning of a business to make it a value-creating venture.
Read more about an example of a business model at brainly.com/question/1171429
Answer:
The firm’s cash flow to creditors during 2018 is -$85,000
Explanation:
The steps to compute the firm’s cash flow to creditors during 2018 is shown below:
Step 1: First the new debt is need to be calculated
Step 2: The step 1 amount is subtracted from interest expense amount. And Finally, the cash flow to creditors came
where,
Increase debt = 2018 long term debt - 2017 long term debt
= $2.21 million - $1.87 million
= 0.34 million = $3,40,000
Now,
Cash flow to creditors = Interest expense - Increase debt
= $255,000 - $3,40,000
= -$85,000
Thus, the firm’s cash flow to creditors during 2018 is -$85,000
