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Zanzabum
3 years ago
11

The break-even point is a.the maximum possible operating loss. b.where the total sales line intersects the total costs line on a

cost-volume-profit chart. c.the total fixed costs. d.the maximum possible operating income.
Business
1 answer:
Alisiya [41]3 years ago
4 0

Answer:

The answer is B.

Explanation:

To a layman, break-even point is the point where an entity neither make profit nor loss. It is the point where total revenue equals total cost(where the total sales line intersects the total costs line on a cost-volume-profit chart).

Points greater or above this intersection or point mean the firm is making profit and points lesser or below this intersection or point mean the firm is making loss.

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If there are many firms participating in a market, the market is either a. an oligopoly or monopolistically competitive. b. perf
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Answer:

<h2>In this case,the answer would be option b. or perfectly competitive or monopolistically competitive.</h2>

Explanation:

  • A perfect competitive market structure is commonly characterized by the presence of many firms or producers and buyers or consumers.The products or services sold in the perfectly competitive market are homogeneous or similar in nature,feature or characteristic.
  • A monopolistic competition is identified as a particular type of market structure in which there are many firms or companies selling differentiated or heterogeneous products or services.Hence,monopolistic competition also consists of many or numerous firms or companies but unlike perfect competition,the products or services in monopolistic competition are differentiated or heterogeneous in nature,feature of characteristic.
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4 years ago
On December 31, 2018, Wellstone Company reported net income of $73,000 and sales of $202,000. The company also reported beginnin
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Answer:

$191,000.00

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The cash amount of cash collected from customers is the amount of sales revenue in the year 2018 adjusted for changes in accounts receivable balances as shown by the formula below:

cash collected from customers=sales revenue+begining accounts receivable-ending accounts receivable

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the ending accounts receivable=$27,500

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