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kykrilka [37]
3 years ago
5

The number of units of a product that must be sold for total revenue to equal total costs is called the:

Business
1 answer:
Aliun [14]3 years ago
4 0

Answer:break-even point

Explanation:At the break-even point, total contribution margin must equal total fixed costs

To solve for the break-even point in units, divide the total fixed costs by the unit contribution margin:

Total fixed costs/unit contribution margin = break even units

To find the break even sales revenue, take the total fixed costs and divide by the contribution margin ratio. This gives the dollars of sales revenue needed in order to break even as shown above.

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Which of the following statements is CORRECT?
Talja [164]

Answer:

Which of the following statements is CORRECT?

a. Operating income is derived from the firm's regular core business. Operating income is calculated as Revenues less Operating costs. Operating costs do not include interest or taxes.

Explanation:

Operating income is an accounting figure that measures the amount of profit realized from a business's operations, after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS).

8 0
3 years ago
A lawyer believes that the probability is .3 that she can win a discrimination suit. If she wins the case, she will make $400,00
Ede4ka [16]

Answer:

her expected gain is $45,000.

Explanation:

If she wins

She will make = $400,000

Probability of winning = 0.3

Expected income = $400,000 x 0.3 = $120,000

Cost on the cash = $75,000

Expected gain = Expected income - Cost  = $120,000 - $75,000 = $45,000

If she loses the case she has to bear the cost incurred to prepare the case. So, the probability on the cost side is 1 but probability on the income side is 0.3 so we calculated the 0.3 probable income which is $120,000 after deducting the cost the lawyer will have expected gain of $45,000 only.

4 0
3 years ago
Insurance rates are lower for those with poor credit true or false ?
ratelena [41]
False, credit score does affect insurance but just because someone has bad credit doesn’t mean they get lower insurance rates
7 0
3 years ago
Refer to Table 16-2. What is the concentration ratio for Industry M? a. about 52% b. about 22% c. about 96% d. about 40%
Harlamova29_29 [7]

The concentration ratio for Industry M is 52%.

The concentration ratio of industry M can be determined by adding the the ratio of the output to the total output of  each of the six firms together.

  • Ratio of firm 1's output to total output = 22,987 / 198,400 = 0.11586 = 11.59%
  • Ratio of firm 2's output to total output = 21,444 / 198,400 =  0.1081 = 10.81%
  • Ratio of firm 3's output to total output = 18,787 / 198,400 = 0.0947 = 9.47%
  • Ratio of firm 4's output to total output = 16,454 / 198,400 = 0.0829 = 8.29%
  • Ratio of firm 5's output to total output = 12,890 / 198,400 = 0.065 = 6.5%
  • Ratio of firm 6's output to total output = 22,987 / 198,400 = 0.0506 = 5.06%

Sum of the percentages = 51.72%

Please find attached a table used to answer the question. A similar question was answered here: brainly.com/question/14903886

3 0
3 years ago
Many managers today were trained under assumptions of adversarial relationships with other companies. Do you think operating as
dusya [7]

Answer:

Many managers today are trained under assumptions of adversarial relationships with other companies. It is very much difficult operating as adversaries as compared to be partners with other companies. It has been seen that when two or more than two companies partnered with one another, then they can perform much better as compared to the situation when they compete head to head. Joining hands with other companies can give you certain sustainable competitive advantage which can never be easily imitated and copied by your competitors. When you pool your resources and share  technology and risks and sell your products/services together which is quite helpful for the both companies. For example, when Dell and intel processors share their resources and sell them together, both can have tremendous sales and market share. It can be very helpful and effective for both of the organization. One company can leverage its products and sales with the help of another company. In this strategy of becoming partner, strategic alliance between both organization can get stronger hold in the market with more and enhanced brand awareness, sales and profits as well, therefore, managers can work best when they for making partners instead of rivalry.

8 0
3 years ago
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