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3 years ago

Give an example of a case where a cost and a revenue function do not have a break-even point.

Business

2 answers:

inessss [21]3 years ago

6 0

Answer:

When profit margin exceed losses

Explanation:

Firstly Break even point is a point where revenue equals cost.

A typical example of a scenario where cost and revenue function does not have a break even point includes, when the profit margin of any given company or individual is higher when compared to the losses of the company or individual. For there to exist a break even point, company or individuals sales have to fall considerably such that revenue equals cost( no profit,no loss).

oee [108]3 years ago

5 0

An example of a case where a cost and revenue function do not have a break even point includes, when the profit margin is larger than the losses of the business.

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Last year, Cayman Corporation had sales of $7,000,000, total variable costs of $3,000,000, and total fixed costs of $1,500,000.

UNO [17]

Answer:

b. 13.9%

Explanation:

sales 7,000,000

variable cost (3,000,000)

contribution 4,000,000

fixed cost (1,500,000)

interest (480,000)

EBT 2,020,000

tax expense (707,000)

net income 1,313,000

contribution margin 4,000,000 / 7,000,000 = 4/7

if sales increase by 7%:

7,000,000 x 0.07 x 4/7 x (1- 0.35) = 182,000

income after increase in sales: 1,313,000 + 182,000 = 1,495,000

increase in earnings: 1,495,000 / 1,313,000 - 1 = 0.138613861 = 13.9%

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3 years ago

A net worth statement, insurance plan, and a budget are all part of a ____

vova2212 [387]

It seems that you have missed the necessary options to answer this question, but anyway, here is the answer. A net worth statement, insurance plan, and a budget are all part of a SAVING AND INVESTING PLAN. Hope this is the answer that you are looking for.

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3 years ago

What is joint tenancy?

NeTakaya

Answer:

Explanation:

Joint tenancy is a lawful course of action in which at least two individuals possess a property together, each with equivalent rights and commitments. When one of the proprietors in a joint tenure dies, that proprietor's interest in the property goes to the survivors without the property experiencing the courts.

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3 years ago

Type the correct answer in the box. Spell all words correctly. What are the handheld devices that serve as personal information

asambeis [7]

Answer: Personal Digital Assistants

Explanation:

Personal Digital Assistants are a range of small handheld mobile devices that used to be very popular with working class people as they provide computing and storage uses which are very important in the business world for purposes such as keeping schedules and address books. They were like mini-computers that had small keyboards and sometimes a sensitive pad that could be written on.

Usually termed the 'first Smartphones', PDAs were immensely popular in the 90s and the early 2000s but have since been largely replaced by Smartphones which can perform all their duties and more.

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3 years ago

Business ____ is an overview that describes a company's overall functions, processes, organization, products, services, customer

nirvana33 [79]

Answer: Business profile

Explanation:

Business profile is referred to as or known as the profile that is designed in order to have an overview of the organization, business and their business plan. It tends to provide the readers with quick overview of the business, also including the values and the objectives, so as they tend to get the immediate feel of what they are doing and where they are headed.

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3 years ago