Given a sales price of $100, variable costs of $70 and a break-even point of 500 units, net operating profit for a sale of 501 units will be :- <u>$30</u>
What is profit and loss?
A financial statement that outlines the sales, expenditures, and expenses incurred during a specific time period—typically a quarter or fiscal year—is referred to as a profit and loss (P&L) statement. These documents reveal if a business can produce profit by raising sales, cutting expenses, or doing both. Frequently, these statements are given on an accrual or cash basis.
The income, cost, and expense totals for a given period are compiled in the profit and loss statement, a financial statement.
Along with the balance sheet and the cash flow statement, every publicly traded firm also releases a P&L statement quarterly and annually.
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Answer:
1
Explanation:
<em>The Formula for calculating Slack Time is as below:</em>
Slack Time = Latest Completion Time - Earliest Completion time
When Latest Completion Time = 6 ; Earliest Completion time = 5
Slack Time = 6 - 5
Slack Time = 1
Thus, the slack time for the activity is 1 . The essence of calculating this is to prevent delays in the project completion.
Answer:
Broiler chickens are larger than and grow faster than chicken for table egg production. False
Explanation:
The amount of money which would be in the account 12 years from today is:
<h3>What is an Investment?</h3>
This refers to the amount deposited in a business or financial institution, with the aim of getting return on investment after a period of time.
CI= P( 1 + r/100)^n
P= initial principal
n= number of times interest applied per time period
r= interest rate
t= number of time periods elapsed
A= final amount
=> 2,500 (1 + 0.084)^7
2500( 1.084)^7
= $4,396.88
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