Cost-volume-profit analysis can be extended to determine the effect on profit of other changes, such as changes in Income Tax rates.
<h3>What is
Cost-volume-profit analysis?</h3>
An approach to determining how changes in variable and fixed expenses impact a company's profit is through cost-volume-profit (CVP) analysis.
Companies can utilize CVP to determine how many units they must sell to attain a specific minimum profit margin or break even (pay all expenditures).
CVP analysis makes a number of presumptions, among them the constancy of the sales price, fixed costs, and variable costs per unit.
where:
FC=Fixed costs
CM=Contribution margin=Sales−Variable Costs
Simply add a goal profit per unit to the fixed-cost part of the calculation and use it to calculate a company's target sales volume.
To know more about CVP Analysis refer to: brainly.com/question/15001199
#SPJ4
Answer: B) Resource-based view of firm.
Explanation:
The resource-based view is used to determine the resources that can be exploited by a firm in order to have a competitive advantage over its rivals. It relates to the fact that the performance of a firm is determined by the resources that the firm has at its disposal.
In this case, the great location, beautiful architectural design, and customer-friendly employees that Crimson Valley has which gives it an edge over other companies in its industry is the resource based view of the firm.
The right thing to do when a conflict of interest arises among business partners is to find a compromise.
<h3>What is a Conflict of Interest? </h3>
This refers to the situation where an individual's personal interests are in conflict with his judgments and actions in a workspace.
Hence, we can see that although your question is incomplete, I can infer that there is a conflict of interest among business partners and it would help to retain the autonomy of the partners if a compromise is reached.
Read more about conflict of interest here:
brainly.com/question/21648646
#SPJ1
The three construction crafts that require a require a minimum of a 4 year college degree are Building, infrastructure and industry.
<h3>What is College Degree?</h3>
College degree is the qualification which is given to those students who has completed the particular field of the study. There are four types of the College degree like associate, bachelor's, master's, and doctoral.
In the field of the construction the students can get degrees of four years and they can get knowledge about construction of building, electrical and mechanical systems, construction planning, site work, etc.
Thus construction science degree is provided to the students which can be used in Building, infrastructure and industry.
Learn more about construction science here:
brainly.com/question/11346256
#SPJ1
Answer:
PV= $81,947.83
Explanation:
Giving the following information:
Future value= $95,000
Interest rate= 0.03
Number of periods= 5
To calculate the initial investment required to reach the objective, we need to use the following formula:
PV= FV/(1+i)^n
PV= 95,000/(1.03^5)
PV= $81,947.83