Answer:
a. 1,500
Explanation:
The formula to compute the break even point for earning target profit is shown below:
= (Fixed cost + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
So, the break even point would be
= ($100,000 + $20,000) ÷ ($100 - $20)
= $120,000 ÷ $80
= 1,500 rooms
Answer: 30 days
Explanation: Cash cycle refers to the amount of time it takes for a business from paying cash to its suppliers for raw materials and receiving cash from its customers fro the sales made.
Hence from the above we can say that :-
decrease in inventory will decrease the cycle.
Decrease in receivables will decrease the cycle.
decrease in payables will increase the cycle.
Thus,
cash cycle = 31 days - 2 days + 4 days - 3 days
= 30 days
I can probably do it for u
Shamrock Shades operates in mall kiosks throughout the southwestern U.S. Shamrock purchases sunglasses from bulk discounters and sells the sunglasses in the mall kiosks. Shamrock is in the process of budgeting for the coming year and has projected sales of $310,000 for January, $390,000 for February, $550,000 for March, and $590,000 for April. Shamrock's desired ending inventory is 30 percent of the following month's cost of goods sold. Cost of goods sold is expected to be 20 percent of sales. Required: Compute the required purchases for each month of the first quarter (January- March) January February March Required Purchases
Answer:
Capitalist approach to achieve the objectives, although currently the determined pressures that the approach should be socialist in the future
Explanation:
<em>Capitalism</em> is an economic and social system based on the means of production must be privately owned, the market serves as a mechanism to allocate specific resources efficiently and capital serves as a source for generating wealth.
On the contrary, <em>Socialism</em> is the theory, doctrine or social practice that promotes the public possession of the means of production and a collective and planned control of the economy for the general interest of society.
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