Answer:
e) $4,651
Explanation:
The break-even point is the level of activity that a company must operate to have its total cost equal to its total revenue. At this level of activity, the business makes a zero profit, as the total contribution is exactly the same as the total fixed cost.
It is important for the business to have an idea of the number of customers or units of product to sell inorder for it to cover its total fixed cost. This is the information the break-point analysis seeks to provide.
Working it out
Break-point in sales = Total General fixed cost/ Contribution margin ratio
Contribution margin ratio (CMR): Contribution is sales less variable costs. And the contribution margin ratio is the proportion of sales that is earned as contribution. The higher the better.
CMR = contribution/sales
Fixed cost = Contribution + net loss
We can now apply all these relationships to the question given:
Fixed cost = 1720 + 280
= 4,000
Contribution margin ratio = 1720/400 = 43%
Break-even sales ($) = 4000/0.43
= $4,651
Answer:
a. advertising
Explanation:
Advertising: It is a creative marketing strategy to promote product and service by using paid communication channel. It help to spread awareness to the target audience. This technique is used to aware public about product, social cause, scheme or government policies.
There are three primary objective of advertising:
Advertising follow the AIDA model, which states awareness leads to Interests which lead to Desire and finally lead to Action.
Yeah for sure i guess ...
Much to the chagrin of established firms, one clear super trend is that products and services must get to market faster because "more competitors are offering targeted products."
This is because it has been observed that several start-ups firms offer similar products to what the established firms are had as a business idea. Not only that, but they also target the same group of consumers.
Therefore, to remain top of the game and beat the startups out of business, the established firms must ensure their business ideas are quickly turned into products or services and get to the market faster.
Otherwise, the startups will take over their business ideas and a huge part of their targeted consumers.
Hence, in this case, it is concluded that the established firms must be proactive if they want to remain above the rest of their competitors.
Learn more here: brainly.com/question/17557971
Answer:
$9,379
Explanation:
using the 2020 tax brackets:
the Comer's gross income = $68,000 + $33,000 + $1,500 = $102,500
taxable income = $102,500 - $24,800 (standard deduction for married couples) = $77,700
taxes owed = $1,975 + [12% x ($77,700 - $19,750)] = $8,929
capital gains = $13,000 - $10,000 = $3,000 x 15% capital gains tax rate = $450
total tax liability = $8,929 + $450 = $9,379
