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Zolol [24]
3 years ago
12

Who is responsible for conducting fiscal policy

Advanced Placement (AP)
1 answer:
Vladimir [108]3 years ago
7 0

Fiscal Policy is refered to as an economic strategy that makes effective uses of taxing and spending powers of the government to make an impact on the nation's economy. The decisions for fiscal policy though are determined by the Congress and the Administration.

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Critically discuss the effectiveness of Cost-Volume-Profit analysis duly supported with empirical evidence.
AnnyKZ [126]

Answer:

Cost-volume-profit (CVP) can be used to determine how changes in costs and volume affect a company's operating income and net income.  CVP analysis requires that all the company's costs, including manufacturing, selling, and administrative costs, be identified as either variable or fixed.

A CVP analysis consists of five basic components that include: volume or level of activity, unit selling price, variable cost per unit, total fixed cost, and sales mix.

From the cost-volume-profit analysis, one can determine the sales quantity needed to break even as well as the sales quantity required to earn a desired profit margin .

For instance, given a fixed costs of $4,000 and contribution margin of $20, it becomes possible to determine the volume of sales in order for the entity to break-even (make no profit or loss).  The break-even point = $4,000/$20 = 200.  This implies that if the entity can sell 200 units with the current level of fixed and variable costs, and selling price, it can make no profit or loss.  If more quantity is sold, then the entity can record some profit, and vice versa.  Management can use the information provided to decide if production of a product or service can be continued or discontinued if it meets or does not meet the profit goal.

But, the CVP analysis is not always accurate.  CVP analysis technique assumes that all costs in the company are completely fixed or completely variable.  Fixed costs are costs that do not change with changes in production, such as rent or insurance costs.   They are not always completely fixed as they may change periodically, then exhibiting a step fixed costs nature, though in the long run, all costs are variable.

Another issue with CVP analysis is that it is a short run, marginal analysis: it assumes that unit variable costs and unit revenues are constant, which is appropriate for small deviations from current production and sales, and assumes a neat division between fixed costs and variable costs.

Explanation:

Cost-volume-profit (CVP) analysis is a managerial accounting technique to determine how changes in costs and volume affect a company's operating income and net income.

5 0
3 years ago
Which of the following membrane activities requires energy from ATP hydrolysis?
zalisa [80]

Answer:

movement of water into a cell through aquaporins

6 0
3 years ago
Are you worried about falling victim of a terrorist attack?if so,why not?
Natasha2012 [34]
It's really an opinion question from your perspective of terrorism.
5 0
3 years ago
Please help me solve with steps
trasher [3.6K]

The capital on 31 January 2020 was approx $ 50000 as the owner has not make any drawing this year. Hence option B is correct

<h3>What is capital?</h3>

Capital is defined as the total amount of financial resources needed to manufacture goods or services. These cash may be employed to start up operations, cover ongoing costs, or develop and extend the company.

As given profit made this year = $ 10000

So the capital on 31 January 2020 = approx $ 50000

Thus, the capital on 31 January 2020 was approx $ 50000 as the owner has not make any drawing this year. Hence option B is correct

To learn more about capital, refer to the link below:

brainly.com/question/29052534

#SPJ1

5 0
1 year ago
Hàm số cầu thị trường của sản phẩm X có dạng: QD = 120 – 10*P
spayn [35]

Answer:

khstyjutidiuitdidtuidtiudiytitdyytidt76dtdyutdyiidty

3 0
3 years ago
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