Answer:
Gross profit margin.
Explanation:
Break-Even Analysis enables a business to know how much cash it has under given situations by helping it know how much sales it needs in order to have a certain amount of cash.
It is calculated by the formula;
(Operating Expenses + Annual Debt Service)/Gross Profit Margin = Break-Even Sales
Operating Expenses in this equation is net of Depreciation as depreciation is a non-cash expense.
Answer:
Direct material price variance= $144 unfavorable
Explanation:
Giving the following information:
Standard Direct Materials 2.5 pounds $8.25 per pound.
During the most recent month, Garfield recorded the following activity: a) The company purchased 1,440 pounds of material at a cost of $8.35 per pound. b) All of the material purchased was used to make 600 units of Super Scrub.
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (8.25 - 8.35)*1,440= $144 unfavorable
Answer:
B. Rent a house instead of buying one
Explanation:
Renting allows an individual to leave in a house that he or she does not own. By renting a house in Austin, Pedro will be entering into a contract with the owner of the house, who will be the landlord. As consideration for staying in that house, Pedro will be required to pay a fee known as rent. In this agreement, Pedro becomes the tenant.
Renting houses is common in cities. Many individuals cannot afford to buy homes in the cities due to their high prices. Others will rent because their stay in the city is temporary.
Renting has helped many people get dwelling place while in towns. Pedro's wish is to live in Austin. Renting will make his dream come true.
Answer:
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
Explanation:
Here are the options to this question :
A. your friend most likely should not be quite so excited because the extremely high cost of living in New York City means his real salary increase will be less than he imagined.
B. your friend has no reason to be excited because higher pay implies more job responsibilities and more working hours.
C. your friend has every reason to be excited because he will be getting paid 120% of what he used to be paid.
D. your friend has reason to be excited because in a bigger city he will have more things to do and his higher salary will allow him to spend on those activities.
Cost of living in a big town is higher than living in a small town. Even though the nominal income of my friend has increased, the real income might not have increased due to the high cost of living in a big city.
Nominal income is the money income being earned. My friend's nominal income would increase from $50,000 to $60,000 if he takes the new job.
Real income is the purchasing power of income
It to help people not to get to much money in from there cheeking account
