Answer:
b.is 944.
Explanation:
The computation of the break-even point in units is shown below:
Break-even point in units = (Fixed cost) ÷ (contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - variable cost per unit
= $11 - $2
= $9
And, the fixed expense is $8,500
Now put these values to the above formula
So, the units would be
= $8,500 ÷ $9 per units
= 944.45 units
What are we supposed to do?
Answer:
a. following-up with his customer.
Explanation:
Based on the scenario being described within the question it can be said that Lewis is following-up with his customer. This is when a salesperson contacts a customer some time after their purchase in order to make sure that they are happy with their purchase. This allows the salesperson to address any problems or concerns that the customer may have with their product. All with the goal of trying to capture the loyalty of the customer, since a customer that is happy with an initial purchase is more likely to return.
Answer:
any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
Explanation:
IFRS is an acronym for International Financial Reporting Standards, it comprises of a set of accounting standards or rules issued by the International Accounting Standards Board (IASB). The International Financial Reporting Standards ensures that statement of income, when reported by accountants is consistent, transparent and comparable globall
IAS 32 defines a financial instrument as any contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.
