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djverab [1.8K]
3 years ago
7

Which of the following statements is true of break-even point?

Business
1 answer:
Misha Larkins [42]3 years ago
6 0

Answer:

D) It helps managers exercise control after the product has been created and is ready for marketing.

Explanation:

Break-even point is the point where the total cost matches the total revenue,it is helpful to managers in order to control the business,it helps them to know when to implement certain changes or favorable incentives for improved sales and overall revenue.

It is calculated by dividing the total fixed cost/total revenue for one unit minus the variable cost for one unit.

It helps managers to control the profit margins in a given product,and also know the impact of changes to total revenue or profit when a process is Automated.

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The Payback Period Rule states that a company will accept a project if: Multiple Choice The calculated payback is less than thre
LekaFEV [45]

Answer:

The calculated payback is less than a pre-specified number of years.

Explanation:

Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.

Generally, projects are considered to be temporary because they usually have a start-time and an end-time to complete, execute or implement the project plan.

The net present value (NPV) of a project can be defined as the difference between present value of cash-inflow into a project and that of cash-outflow over a specific period of time. Thus, it is simply the value of all cash-flows for a project with respect to its life span.

The Payback Period Rule states that a company will accept a project if the calculated payback is less than a pre-specified number of years.

Additionally, investors and project managers are advised to only invest in projects that are having a positive net present value that is greater than or equal to zero.

7 0
3 years ago
Preparation of a statement of cash flows involves five steps:
adelina 88 [10]

Answer:

Preparation of a statement of cash flows involves five steps

1. Compute net cash provided or used by operating activities.

This is the section where all the cash flow that belongs to the operating section are been added and subtracted according to the inflow and outflow of the transaction.

2. Compute net cash provided or used by investing activities.

This is the section where all the cash flow that belongs to the investing section are been added and subtracted according to the inflow and outflow of the transaction.

3. Compute net cash provided or used by financing activities.

This is the section where all the cash flow that belongs to the financing section are been added and subtracted according to the inflow and outflow of the transaction.

4. Compute the net increase or decrease in cash

This is the section where the cash-flow from operating, investing and financing activities is  been balanced.

5. Report the beginning and ending cash balances and prove that the ending cash balance is explained by net cash flows.

After the cash-flow from operating, investing and financing activities is  been calculated, Then, this section is also computed to derive the Closing/Ending cash balance

4 0
3 years ago
Is it fair to restrict people's ability to work based on their age? Why or why not?
Over [174]
Yes and no it depends on how old they are and if they are old enough of course to work and no because some people need to get payed and if they are to young then their is a problem
3 0
3 years ago
Read 2 more answers
Mica buys "Nature," a movie, through Open View, an online entertainment vendor. Before completing the purchase and downloading "
Pani-rosa [81]

Answer: A browse-wrap term.

Explanation:

A browse-wrap term is an agreement between the owner of a website and the user of that website, where the web user is notified that he/she agrees to the terms of usage of the website (clearly stated on the site) even as they continue browse in the website. A browse-wrap term doesn't require a site user to click an agreement box to accept terms of website usage. Open view is making use of browse-wrap term in their website.

8 0
3 years ago
Adjusting entries are recorded<br> ___of an accounting period.
ExtremeBDS [4]

Answer:

at the end

Explanation:

Adjusting entries are made at the end of an accounting period after a trial balance is prepared to adjust the revenues and expenses for the period in which they occurred.

5 0
2 years ago
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