Answer:
Break-even price = $7
Explanation:
<em>The break-even price is the price at which the the total contribution from the sale is equal to the fixed cost of $300,000.</em>
(x- 4)× 100,000 = 300,000
100,000X - 400,000 = 300,000
100,000X = 300,000 + 400,000
x= 700,000/100,000
X = $7
Break-even price = $7
Answer:
Rate lock agreement
Explanation:
A rate lock agreement is that exist between the borrower and lender where the borrower is allowed to lock the interest rate on a loan based on prevailing rate for a certain period of time.
This provision protects the borrower from a future rise in interest rate.
Once interest bid locked it is binding on the lender and borrower despite changes in the market interest rate.
However if interest rate falls the borrower may have the opportunity to withdraw the agreement.
Answer:
Management
Explanation:
The business function that is responsible for planning, coordinating, and controlling the resources needed to produce a company’s products and services is management.
Management consists of the functions of organizing, planning, controlling, and directing an organization's resources in order to achieve the objectives of the organisation.
The primary function of management is coordinating people and other resources for the attainment of the organization's goals and objectives.
Answer:
The correct answer is older; lower; higher.
Explanation:
The FIFO method assumes that the next item to be sold is the one that has more time to be stored. In an economy with rising prices (during inflation), it is common for companies to use during their beginnings to increase the value of their assets. As the oldest and cheapest goods are sold, the newest and most expensive goods are kept as company assets. The cost of sale will be the oldest of the existing acquisition prices, and the final stocks will coincide with the last entries in the company's warehouse. Having the most expensive inventory and the lowest cost of products sold allows the company to show better economic performance. However, as they grow, some companies prefer to change their inventory accounting system to LIFO to reduce the payment of taxes. FIFO is an acronym that means "first to enter, first to leave." With this inventory valuation method, the company counts the inventory value received first when sales are made. One of the most common reasons that a company decides to use FIFO is because it is a more natural way in a straight line, since you count your first inventory as in the first items sold. This makes it especially useful when tracking inventory items is simple.
Answer:
Apcon Mobiles Inc.'s entry into new markets is likely to be risky.
Explanation:
As Apcon Mobiles Inc. is a popular cell phone manufacturing company. To acquire new customers, it decides to launch its own SIM cards in highly competitive new markets. Apcon don't have any experience of the SIM cards market, therefore, it will take them time in order to understand and market dynamics, consumers, and competitors and the market of SIM card is already so much competitive that chances are higher that it will be proved very risky move for Apcon, therefore, they should avoid taking this step.