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Galina-37 [17]
3 years ago
6

If fixed costs are $750,000 and variable costs are 60% of sales, what is the break-even point in sales dollars?

Business
1 answer:
nlexa [21]3 years ago
4 0

Answer:

$1,875,000

Explanation:

Break even point in sales = Fixed cost / Contribution margin ratio

When Contribution margin ratio = 100% - Variable cost ratio

Contribution margin ratio = 100% - 60%

Contribution margin ratio = 40%

Break even point in sales = $750,000 / 40%

= $1,875,000

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Answer:

The 50 greatest footballers of all time

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Explanation:

6 0
3 years ago
The demand that women should receive equal pay relative to men for work that is similarly demanding, involves similar responsibi
Alexxandr [17]

The concept of equal value is based on the assumption that women should be paid equally to men for work that is equally challenging, involves comparable tasks.

<h3>What are examples responsibilities?</h3>

The obligation to complete a task is one example of a responsibility. It's indeed your job to clean your teeth every day since it is "a responsibility" to do so. One illustration is that your teacher anticipates you to complete your homework promptly and to the best of your ability.

<h3>What is your personal responsibility?</h3>

Personal responsibility is the readiness to put up significant personal effort to live up to the standards that society sets for individual behavior as well as the importance of such norms.

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6 0
1 year ago
Current assets are usually listed in order A. of the due dateB. of the sizeC. alphabeticallyD. of liquidity
sp2606 [1]

Answer:

D. of liquidity

Explanation:

The current assets will be listed according to how close are to be converted to cash. and liquidity is the property of an asset to be converted into cash. the land  have less liquidity than  an account recievable, as the land required a lot of effort an time to be sold, while the account receivable is a know price with a certain colection date.

With the liquidity in mind, the current assets should be listed as follow:

first we list cash, nothing is more liquid than cash.

then we list cash equivalent like marketable securities

the nwe list account receivable

and inventory

why  the account receivable have more liquid than inventory?

because the account receivable needthe effort to be colelcted.

while the inventory needs both, the effort to sale the goods and then collected.

7 0
3 years ago
Manuel, who works for a multinational company, is often put in teams consisting of people from different cultures. Manuel finds
Vinvika [58]

Answer:

Individualism

Explanation:

As it is mentioned in the question that Manuel finds difficult to do the work in a team as he comes from his personal brand i.e building so his culture represents the individualism as he does not work as a team he wants to work individually as he is not comfortable or he has reserve nature i.e he does not open up with easily.

Hence, in the given case, the correct option is Individualism

8 0
4 years ago
Precision Tool requires a 12 percent rate of return and uses straight-line depreciation to a zero book value over the life of it
7nadin3 [17]

Answer: -$273,747.85

Explanation:

EAC of machine = Net Present Value / Present value interest factor of Annuity(PVIFA)

Net Present value = Present value of cashflow - Initial investment

= -26,300 * PVIFA, 12%, 5 years - 892,000

= -26,300 * 3.6048 - 892,000

= -$986,806.24

EAC of machine = -986,806.24/ 3.6048

= -$273,747.85

6 0
3 years ago
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