Answer:
the break-even quantity is 18 students
Explanation:
Break Even point is when a firm neither makes a profit nor a loss
Break Even = Fixed Costs/Contribution per Unit
= $4800/($300-$30)
= 17.77777778
= 18 students
Please note that, the cost for the conference room, instructor compensation, lab assistants, and promotion is $4800 represents a fixed cost as this does not vary with the number of students taking the training seminars.
Answer:
Cashflow from Operating Activities
Net Income $120,400
Adjastment for Non-Cash Items
Depreciation $5,300
Amortization $3,400
Adjastments of Items appearing elsewhere
Loss from the sale of land $4,000
Net Cash flow from operating activities $133,100
Explanation:
Net Income is reconciled in the cashflow statement via the indirect method. Its is adjasted for Non-Cash Items, Items appearing elsewhere in the cashflow statement and Working Capital Movements
Answer:
C. The monoplist sets price equal to marginal cost to maximize profit.
Explanation:
To maximise the profit, monopolist charge price where MR = MC.
E. Naive relativism
Explanation:
Naive relativism is based on the belief that humans ha e a deep seated view of what is right and what is wrong and can judge things by their own standards and make a decision.
<u>These decisions are thus treated as truth derived from one's own self by the person who is concerned. </u>
Naive relativism means that people also project their sense of right and wrong over others and sort of treat it as if it is universal.
