I agree with the first one cause money is very important u have to use it wisely but you also wanna take it into your own matters it something were to go wrong
Answer:
$1.5 million
Explanation:
The computation of break even sales in dollars is shown below:
= (Fixed expenses) ÷ (profit volume ratio)
where,
Contribution margin = Sales - Variable expense
= $2,500,000 - 1,050,000
= $1,450,000
And, Profit volume ratio = (Contribution) ÷ (sales) × 100
So, the Profit volume ratio = ($1,450,000) ÷ ( $2,500,000) × 100 = 58%
And, the fixed expenses is $870,000
Now put these values to the above formula
So, the value would equal to
= ($870,000) ÷ (58%)
= $1.5 million
When the first question is asked. Up until then you could decide to walk away.
Answer:
The correct answer is option C.
Explanation:
Suppose there is pessimism in an economy because of corporate scandals, international tensions, loss of confidence, etc. This is going to adversely affect the economy. Because of corporate scandals, the investment will decline. Loss of confidence in consumers will cause a reduction in consumption spending. International tensions cause net exports to decline.
All of this causes aggregate demand to decline. The aggregate demand curve moves to the left. This leftward shift causes both the quantity of output and price to fall. As output fall real GDP will decline as well.
