Culture. A company's culture is defined by the collective attitudes and ideas of the people within it.
Answer:
Child labour
Explanation:
This is the involvement of children in the economic activities of the nation which goes against the work ethics of a u.s company that prohibits the use of forced child labour it's production activities.
Answer:
Operating income= 40,000
Explanation:
Giving the following information:
Total variable expenses are $40,000, total fixed expenses are $30,000, and the sales revenue needed to break even is $40,000.
Sales= operating income + fixed costs + variable costs
Sales= 40,000 + 30,000 + 40,000= 110,000
Operating income:
Sales= 110,000
Variable costs= 40,000
Gross profit= 70,000
Fixed costs= 30,000
Operating income= 40,000
Answer:
Break even point in dollar sales = $1,050,000
Explanation:
Break Even Point in dollar sales = Fixed Cost/ Contribution margin percentage
Contribution margin percentage = (Contribution margin/ Sales) X 100
Here we have for the year 2017
Contribution margin = $194,750
Sales = $779,000
Contribution margin percentage = ($194,750/$779,000) X 100 = 25%
Break even point in dollar sales = Fixed Cost $262,500/25%
= $1,050,000
