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uysha [10]
3 years ago
10

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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D. brings buyers and sellers together

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What is the simplest layout for a cover letter? I need one for a resume but I don`t know how to write one.
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3 years ago
An investment project provides cash inflows of $570 per year for eight years. what is the project payback period if the initial
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3 years ago
calculate the ending inventory and cost of goods sold dollar values for abc company, which uses using periodic inventory updatin
Angelina_Jolie [31]

The cost of goods sold under FIFO is calculated by taking the cost per unit for the first 3,200 units purchased.

<h3>What is FIFO?</h3>

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To calculate FIFO (First-In, First-Out), multiply the cost of your oldest inventory by the amount of inventory sold, whereas to calculate LIFO (Last-In, First-Out), multiply the cost of your most recent inventory by the amount of inventory sold.

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