All categories

3 years ago

To determine the breakeven point in units, divide the fixed costs by

Business

1 answer:

Softa [21]3 years ago

7 0

To determine the breakeven point in units, divide the fixed costs by the contribution margin ratio.

To add, the contribution margin ratio is the percentage ofcontribution margin to net sales. Said differently, it is the difference between a company's sales and variable expenses, expressed as a percentage.

You might be interested in

If you could help me

MAVERICK [17]

When you are trying to reduce debt it is easier to cut out things that aren't necessary.

You need shelter so you can't cut out rent. Utilities will be hard to cut down since it is used a lot. School shouldn't be cut down either, because that is important for you future job which may help you reduce debt in the future

Dining out is the easiest to cut out/cut down first. Many people dine out because they don't have the time to cook or because they don't want to. If you really want to reduce debt then you can make the time to cook or find the motivation to. This will greatly reduce that big chunk of your money going to dining out, since cooking your own food is a lot cheaper.

Hope this helped!

~Just a girl in love with Shawn Mendes

8 0

3 years ago

Read 2 more answers

Evan Engineering Group receives royalties on a technical manual written by two of its engineers and sold to a publishing company

natta225 [31]

Answer:

$8,565

Explanation:

Sales revenue of the year 2015 = $30,010

Accrued royalty revenue on December 31, 2015 = 30,010 x 10%

= $3,001

Evan received royalties of $2,613 on April 1, 2016.

Hence, royalty receivable for the year ended December 31, 2015 = 3,001- 2,613

= $388

On October 1, 2016, Evan received royalties of $4,631.

Thus, royalty received for the first half of the year 2016 = 4,631 - 388

= $4,243

The 2nd half of 2016 sales were estimated to be $43,220

Hence, royalty for the second half of the year 2016 = 43,220 x 10%

= $4,322

Evan's 2016 royalty revenue = Royalty revenue for the first half + Royalty revenue for the second half

= 4,243 + 4,322

= $8,565

5 0

3 years ago

In two paragraphs, using your own words, compare and contrast the responsibilities of a facilities manager with those of a gener

beks73 [17]

Answer:

The Major Responsibilities of a Facility Manager

Explanation:

Ensuring that the facility is operating as it should on a daily basis. Facility managers will need to complete daily inspections and communicate directly with decision-makers to ensure that the business is running smoothly every day. For this reason, facility managers are generally highly visible and are frequently completing inspections.

Dealing with emergency issues that arise. Facility managers will generally be involved in anything that breaches the safety, security, or usability of their facilities. Facility managers will often have contingency plans regarding what needs to be done in the event that certain situations occur, such as equipment breaking down unexpectedly.

Formulating plans for the future. In addition to ensuring that the facility is currently adequate, facility managers also need to make sure that the facility will continue to be so. Facility managers will need to project future requirements regarding the company, and will need to work closely with decision-makers to determine the best upgrade paths for equipment and infrastructure.

Creating plans for replacements and repairs. Management and maintenance go hand-in-hand. Facilities managers will also need to plan ahead for any necessary replacements and repairs, scheduling necessary maintenance and management tasks during the times that are least likely to disrupt the business and its employees.

Developing and managing vendor contracts. Facilities managers often work very closely with vendors to ensure that the companies are maximizing their resources. Not only do they negotiate these contracts, but they are also in charge of making sure these contracts are fulfilled. Through this, they are able to develop and maintain relationships with the vendors.

7 0

3 years ago

Adams Corporation's present capital structure, which is also its target capital structure is

kaheart [24]

Answer:

Task a:

The answer is $24,500.

Task b:

The answer is 17%

Explanation:

<h2>Task a:</h2><h3>What is the maximum amount of new capital that can be raised at the LOWEST component cost of EQUITY?</h3><h3>Solution:</h3>

We already know the following:

Projected net income = $21,000

Payout ratio = 30%

Retention ratio = 70%

Debt share = 40%

Equity share = 60%

Maximum amount of capital to be raised at the lowest component cost of equity = Projected net income × $\frac{Retention ratio}{Equity share}$

= $21,000 × $\frac{0.70}{0.60}$

= $24,500

<h3>Answer:</h3>

The maximum amount of new capital that can be raised at the lowest component of equity is $24,500.

<h2>Task b:</h2><h3>What is the component cost of equity by selling new common stock?</h3><h3>Solution:</h3>

k(e) (component cost of external equity) = [Dividend (D0)(1 + growth) / stock price(1 - flotation cost)] + growth

Formula:

k(e) = $\frac{Do(1+g)}{P(1-0.20)}$ + 0.05

Where

Do = $2.00

G = 0.05

P = $21/88

= ($2.00(1 + 0.05) / $21.88(1-.20)) + 0.05

= ($2.10/$21.88(1-.20)) + 0.05

= ($2.10/$21.88(0.80) + 0.05

= 0.17 or 17%

<h3>Answer: </h3>

The component cost of equity by selling new common stock = 17%

5 0

4 years ago

elena is a regular customer at cuppo' coffee. she is the first customer to enter the coffee shop every morning and spends $10 f

Vera_Pavlovna [14]

Answer:

The management can make Elena a loyalty card holder or loyalty program member.

Explanation:

A customer loyalty program refers to a kind of reward program offered by a company to it's those customers who frequently purchase it's products or avail it's services.

Usually, under such loyalty programs, a customer is provided with a loyalty card, wherein for each purchases he/she makes, some loyalty points are earned. These loyalty points can collectively be redeemed later on, in the form of discounts.

So, in the current case, since elena is a frequent buyer of coffee on routine basis, the management can include her in their customer loyalty program and provide her with a loyalty card.

Such card will provide her with rewards and would make her feel privileged, strengthen her bond of loyalty with cuppo' coffee and may lead to increased customer share.

4 0

3 years ago