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3 years ago

When a business owner is asked how the business is doing and she replies,

Business

1 answer:

Rama09 [41]3 years ago

5 0

Answer:

That we are no profit and loss position.

Explanation:

Breakeven point is the point at which the company is at no profit no loss position. If the lady is saying that we are breaking even, its one explanation is that all that we have earned has covered all of our costs. The second explanation is dependant on the fixed cost considered. If the fixed cost considered is for whole of the year and we are breaking even at the 8th month then the contribution in the next four months would be 100% profit.

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Companies seeking good PR may host a(n) ________ to communicate new hires, new facilities, or community service projects.

Lynna [10]

Answer:

The correct answer is letter "A": press conference.

Explanation:

Press conferences allow the media to obtain information about different organizations that may be of common interest at the moment. They are also a sign that the company questioned can face the public which enhances the Public Relationships (PR) between that institution and the rest of companies within the industry.

5 0

3 years ago

Executive Solutions is a strategy consulting firm. Other than the senior leadership (who manage the firm, but do not actively co

saveliy_v [14]

Answer:

Income(Loss) $960,600;($397,400)

Explanation:

EXECUTIVE SOLUTIONS

Budgeted Income Statement

May June

Revenues:

Managers$1,231,900 $795,400

Staff $3,171,900 $2,250,400

Total revenue (i)$4,403,800 $3,045,800

Expenses:

Manager

compensation$749,300 $749,300

Staff compensation$1,558,400 $1,558,400

Total

compensation (ii)$2,307,700 $2,307,700

SG&A $553,500 $553,500

Depreciation $228,500 $228,500

Marketing $353,500 $353,50

Total

expenses (iii)$1,135,500 $1,135,500

Income(Loss)

(i)-(ii)-(iii) $960,600 ($397,400)

BMay June

Revenues:

Managers

[1,270 hours x $ 970] $1,231,900

[820 hours x $970] $795,400

Staff

[ 6,540hours x $485] $3,171,900

[4,640 hours x $485] $2,250,400

Expenses:

Manager compensation$749,300 $749,300

[2,540 hours x $295]

Staff compensation $1,558,400 $1,558,400

[9,740 hours x $160]

5 0

3 years ago

Assume the world market for oil is competitive and that the marginal cost of producing another barrel of oil is $79.40 and the m

Alona [7]

Answer:

b. Increase by $2.20

Explanation:

Economic Surplus is the total benefit to society from production.

If an additional unit is produced the additional cost will be $79.40 and it will the additional benefit of $81.60.

So the surplus = benefit - cost = $81.60 - $79.40 = $.2.20

They are marginal quantities (change made by additional unit) so everything has been taken into account for the deriving of change to surplus.

3 0

3 years ago

After you have put a marketing plan in place, it is important to do what

Radda [10]

To build your market and contact products so you can your products ready to sell

4 0

3 years ago

Read 2 more answers

Choose the correct choice; At the current price level, producers supply $375 billion of final goods and services while consumers

Solnce55 [7]

Answer:

The price level is A) Above equilibrium.

Explanation:

Normally, every economist believe that a lower price attracts a higher demand. This is so when the behaviour of consumers are measured when choosing a product. Many consumers go for a low priced product or cheaper product over a high priced product or expensive product irrespective of quality, taste or satisfaction derived from consuming them.

Price relating to market or in terms of quantity demanded and quantity supplied is referred to as equilibrium price or equilibrium quantity. When the market price is below equilibrium, quantity supplied of a product will be less than the quantity demanded for it because the price of goods are cheaper. But when price is above equilibrium, quantity supplied will be greater than quantity demanded because the price of goods is high.

7 0

3 years ago