Two problems are identified to cause few fish in the local lakes: <span><span>1) </span>Weather patterns</span> <span><span>2) </span>Threat from invasive carps</span> <span><span>Dave and Betsy should consider both in their planning, so the best plan which will have an impact is ‘</span><span>they should develop a crisis response plan in case of a bad weather report or a carp sighting”. </span></span>
40,000 units and $400,000 are the break-even point in units and dollars respectively.
<u>For units:</u>
$200,000/5 = 40,000
<u>For dollars:</u>
40,000 x $10 = $400,000
<h3><u>What is a </u><u>
break-even point </u><u>?</u></h3>
The break-even threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss. In other words, you've achieved the point in manufacturing when the income from a product matches the cost of manufacture.
This is a crucial calculation to include in your business strategy for every new venture. Potential investors want to know when they may anticipate a return on their investment as well as the rate at which it will occur. This is due to the fact that some businesses may take years before becoming profitable, frequently losing money in the initial months or years before achieving break-even. Break-even point is crucial in every company plan given to a potential investor because of this.
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Transferable skills necessary for successful employment include D. All of the above. Basic skills, thinking skills and personal qualities are all transferable skills necessary for successful employment. These skills and qualities are all important when applying for and keeping a job. An employer wants to see an employee that is hard wokring, will think and apply that to the task and work well with others.
The equity in the account is 20000.
Equity isn't taken into consideration as an asset or a liability on an enterprise's monetary statements. fairness is what you get when you subtract liabilities from assets. equity is meditated on an agency's stability sheet.
Fairness profits refer to income that is acquired through inventory dividends. A dividend is basically a reward paid to shareholders for or their investment in an organization, that is commonly paid from the corporation's internet income.
Equity is also referred to as internet really worth or capital and shareholders fairness. This fairness will become an asset as it's far something that a homeowner can borrow in opposition to if need be. you can calculate it by way of deducting all liabilities from the entire fee of an asset: (equity = assets – Liabilities).
The beginning equity is $15,000 (CR − SMV = EQ, or $45,000 − $30,000 = $15,000). If the market value falls to $25,000, equity is determined as $45,000 minus $25,000 equals $20,000.
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Explanation:
The adjusting entry is shown below:
On December 31
Salaries expense A/c $132
To Salaries payable A/c $132
(Being salary is adjusted)
The salaries expense is computed by
= Total five days × number of days ÷ total number of days
= $330 × (2 ÷ 5)
= $132
The two days includes Monday and Tuesday so we considered only 2 days out of 5 days
