Answer:
first find a business idea and make a plan (logo, name, what item ur selling..etc.)
Answer:
The break even point in units is 3750 units.
Explanation:
The composite break even point is the break even point in units calculated for a business having more than 1 product. The composite break even point is calculated by dividing the fixed costs by the weighted average contribution per unit.
Break even point in units = Fixed cost / Weighted average contribution per unit
The weighted average contribution per unit can be calculated using the following formula:
Weighted average CM per unit = (Weight of Product X in sales mix * Contribution per unit of Product X) + (Weight of Product Y in sales mix * Contribution per unit of Product Y)
Total units in sales mix = 2 of X + 1 of Y = 3
Contribution margin per unit = Selling price per unit - Variable cost per unit
Weighted average contribution per unit = [ 2/3 * (15 - 2.5) + 1/3 * (25 - 10)]
Weighted average contribution per unit = $13.33333333 per unit
Break even point in units = 50000 / 13.33333333
Break even point in units = 3750 Units
Explanation:
1. Salary: Yes it is the salary which comes top most. Everybody needs money and each and everyone expects different salary based on their skills.
2. Career prospects: Career prospects are higher important than the salary. Only if the organization can provide space for growth, then only the job seems to be good.
3. Training and Development: This is one of the important aspect to upskill oneself. The upskill supports both personal growth and the growth of the organization.
4. Flexibility and benefits: Ability to adapt to change and make changes accordingly. Flexibility either way is expected. The additional benefits which one get is really an extra benefit and recognition given to the employee. Eg. Bonus
Debts that will be paid off in less than a year are those that are categorized as current liabilities.
<h3>What are debts?</h3>
A party, the debtor, is obligated by debt to pay another person, the creditor, money or another agreed-upon value. Debt differs from an immediate purchase in that it requires a deferred payment or series of payments.
The debt may be due to a sovereign state or nation, a local government, a business, or a person. The quantity and timing of principal and interest repayments on commercial debt are often governed by contractual agreements.
Debt comes in many forms, including loans, bonds, notes, and mortgages. Debt is a sort of financial transaction in financial accounting, as opposed to equity.
Learn more about debts, from:
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Answer: 18.49
Explanation:
The amount of safety stock that the company should hold to have a Service Level of 99.0% will be calculated thus:
The following information can be depicted from the question:
Service level = 99%, corresponding z value = 2.33
Lead time = 1.75
Standard deviation = 6
Safety stock will now be:
= Z × ✓L × SD
where
Z = z value = 2.33
L = lead time = 1.75
SD = standard deviation = 6
Therefore, safety stock will be:
= Z × ✓L × SD
= 2.33 × ✓1.75 × 6
= 2.33 × 1.3229 × 6
= 18.49