Answer:
The break-even in monthly dollar sales is closest to $215,000
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed expense/(Selling price per unit-Variable expense per unit) = $144,050/($230.00 - $75.90) = 935 units
The break-even in monthly dollar sales = 935 x $230.00 = $215,000
The type of business organization recommended in this case is the sole proprietorship, which is a business managed by a single person, with greater facilities to start up.
<h3 /><h3>Sole Proprietorship characteristics</h3>
It is owned and managed by only one person, with no legal distinction between the company and the owner, that is, it is an unincorporated company, whose owner is responsible for paying personal income taxes on the company's profits.
Therefore, the advantages of a sole proprietorship are the reduction of bureaucracy and interest rates, giving the owner greater possibility of creating and maintaining the business.
Find out more about Sole Proprietorship here:
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work, hard work, employees,gain/profit
If e, is considering to invest in company stock, 1st tenets should be input and output, Data of raw materials , processing data of that particular raw materials and output of finished goods,calculate the time taken for product as finished goods, Marginal cost, Descriptive statistics.2nd tenets data calculation of cash inflow and outflow, net profit , operating, income statement and balance sheet.3rd tenets Sales data time series analysis, ARIMA analysis and forecasting.
Explanation:
- Business is simple and understood only, When you understand about the product yourself,If you want to start a business in a fitness drink people should be aware of ingredients of a fitness drink that's how the business become simple, ingredients in all business.
- Even if you dont understand Business if it is not that simple look into there management there prospectus, Who is there internal auditor which is SWOT in there Accounting. How strong are they able to curtail there operating cost.
- There are three types investment in business Large cap, Mid cap or diversified cap. Blue chip companies stay long term but less return vise/versa.
- Data for business, P.E ration, IRR, CAPM, ROI, Ratio Analysis, Financial modelling and analytical mind.
Answer: Planning
Some of the functions of management are planning, organizing, controlling, and leading.
Success depends on the "planning" function they will have to execute the task of sponsoring the golf tournament. Since they must map who will be the main participants and if they could be related to the bank, they must also have the best marketing strategy, place the right advertising in the right places to meet their objectives
