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Assoli18 [71]
3 years ago
11

ZZZ Best Company's fixed expenses total $180,000, its variable expense ratio is 25% and its variable expenses are $5 per unit. B

ased on this information, the break-even point in units is:
Business
1 answer:
pychu [463]3 years ago
6 0

Answer:

Break-even point in units = 12000 units

Explanation:

Break-even point is where sales and expenses are the same, thus the sales of a company are enough to cover its expenses.

Break-even point in units= Fixed cost / ( price of product-variable costs)

Variable expense ratio = variable expense per unit/price per unit

25% = 5/ price per unit

0.25=5/price per unit

5/0.25 = price per unit

$20 =price per unit

Break-even point in units= Fixed cost / ( price of product-variable costs)

Break-even point in units = $180,000 / ($20-$5)

Break-even point in units = $180,000 / $15

Break-even point in units = 12000 units

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On December 31, 2018, a company had assets of $29 billion and stockholders' equity of $22 billion. That same company had assets
Kisachek [45]

Answer:

0.69

Explanation:

From the question above on December 31, 2018 a company has an assets of $29 billion and stockholders equity of $22 billion.

On December 31, 2019 the same company recorded an assets of $55billion and stockholders equity of $17billion

Inorder to calculate the debt-to-assess ratio the first step is to find the amount of liabilities

Liabilities= Assets-Stockholders equity

Assets= $55 billion

Stockholders equity= $17 billion

= $55billion-$17billion

= $38 billion

Therefore, the debt-to-assets ratio can be calculated as follows

Debt-to-assets ratio= Total liabilities/Total Assets

= $38 billion/ $55 billion

= 0.69

Hence on December 31, 3019 the debt-to-assets ratio is 0.69

5 0
4 years ago
Q2. Why is the biotech industry a global industry?
CaHeK987 [17]
I can help with question two, but not question three. 
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.  
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc. 
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example. 
Hope this helps!
6 0
3 years ago
if the x-axis is quantity and the y-axis is price, which of the following is the best summarization of the supply shift from S1
Novosadov [1.4K]
The supply decreases i hope this helped next time if you want use quizlet instead of wasting your points you’re welcome :)
5 0
4 years ago
A report’s "skimmability" means ________. that the information provided is not important that you should skip a certain portion
k0ka [10]

Answer: Helping make the report accessible by using a readable font, headings, lists, and white space.

Explanation:

For a report to be skimmable, it means that the report is capable of being read through quickly. The is very important in the business world because most executives barely have time but have to keep up to date witu reports and so prefer skimmable reports.

For a report to be skimmable though it needs to be very clear and concise. The reader must be able to grasp the important information quickly. This is why the report must be accessible by using a readable font, headings, lists, and white space. They will ensure that the reader gets the information needed simply by reading through.

6 0
3 years ago
__________ managers believe that there are differences and similarities between domestic and foreign practices and that managers
almond37 [142]

Answer: Geocentric managers

Explanation: Geocentric managers are the managers that accept the fact that every country have different culture and environment which can affect the business overall. Therefore, these managers use different techniques and procedures for different economies.

These are usually the managers of multinational corporations operating globally. These managers usually do not lack resources and can use the latest and best techniques for their operations.

4 0
3 years ago
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