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qwelly [4]
3 years ago
7

The break-even point is the sales level at which a company_______________.a. incurs a loss. b. contribution margin equals fixed

costs. c. has a profit equal to fixed costs.d. contribution margin equals variable costs.e. has a profit of $0.
Business
1 answer:
Neporo4naja [7]3 years ago
4 0

Answer:

b. contribution margin equals fixed costs

e. has a profit of $0.

Explanation:

The break even point is the point in which the firm has no profit and no loss situation. When it meets we called as break even point.

So, the break even point is the point at which the profit is zero plus the contribution margin equals to the fixed cost i.e means

Contribution margin = Fixed cost

Sales - variable cost = Fixed cost

If both are equal so it seems the profit is zero

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A customer sells short 100 shares of ABC stock at $30 as an initial transaction in a margin account. The customer must deposit:
Ber [7]

Answer:

The best answer is C.

Explanation:

Regulation T initial margin to short stock is 50% of $3,000 = $1,500. However, since this is a new account, it must meet the minimum initial margin of $2,000 needed to open an account. Therefore, $2,000 must be deposited.

4 0
3 years ago
Which food was received in the temperature danger zone
Luba_88 [7]
Temperature danger zone is defined as the specified range of temperature at which micro organisms grow rapidly in food. The danger zone ranges from 40F to 140F. To keep food out of danger zone, cold food must be kept at or below 40F while hot food must be kept at or above 140F. From the question given above, three of the food fall in the temperature danger zone, but cottage cheese is still safe at 40F because of the fermentation process by which it was made and shell egg is still safe at 43F because it has shell to protect it. Thus, the correct answer is POTATO SALAD AT 46F.
5 0
3 years ago
In the long​ run, a perfectly competitive market will A.supply whatever amount consumers demand at a price determined by the min
In-s [12.5K]

Answer: Option (A) is correct.

Explanation:

Correct Option: A.supply whatever amount consumers demand at a price determined by the minimum point on the typical​ firm's average total cost curve.

In the long run, equilibrium price of a perfectly competitive firm implies that there is no economic profit for the firm. This situation occur when the marginal cost is equal to the average total cost.

The firm is break even when the price is equal to the minimum point of average total cost of the firm. So, there is no possibility of economic profit for the firm.

5 0
3 years ago
The management of Penfold Corporation is considering the purchase of a machine that would cost $270,000, would last for 5 years,
Lorico [155]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Initial investment= $270,000

Cash flow= $60,000

Number of years= 5

Discount rate= 12%

<u>To calculate the net present value (NPV), we need to use the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

Cf2= 60,000/1.12^2= 47,831.63

.....

Cf5= 60,000/1.12^5= 34,045.61

∑[Cf/(1+i)^n]= 216,286.57

<u>Now, the NPV:</u>

NPV= -270,000 + 216,286.57

NPV= -53,713.43

5 0
2 years ago
How much must be deposited today in an account earning 6% annually to accumulate a 20% down payment to use in purchasing a car o
goblinko [34]
Hi there
The price of the car after a year would be
20,000×(1+0.04)
=20,800 because of inflation

The amount of down payment is
20,800×0.2
=4,160

So you need to deposit
P=4,160÷(1+0.06)
p=3,924.5 round your answer to get
P=3925

Hope it helps
8 0
3 years ago
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