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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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Nevada Boot Co. reported net income of $217,400 for its year ended December 31, 2018. Purchases totaled $152,800. Accounts payab
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Answer:

Operating cash flows = $208,000

Explanation:

we know here that

accounts payable balance has decreased from $36,900 and $31,200

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so to find out  the operating cash flow  any decrease in current liabilities and any increase in current assets should be subtracted from net income

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The operating cash flows to be reported should be computed as

Operating cash flows = Net income - Decrease in accounts payable balances - Increase in inventory balance      ....................1

Operating cash flows =

Operating cash flows =   $217,400 - ($36,900 - $31,200) - ($47,000 - $43,300)

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Bryce Co. sales are $801,000, variable costs are $465,100, and operating income is $287,000. What is the contribution margin rat
KATRIN_1 [288]

Answer:

Contribution margin ratio= 0.42

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Giving the following information:

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<u>To calculate the contribution margin ratio, we need to use the following formula:</u>

contribution margin ratio= (sales - variable cost) / sales

contribution margin ratio= (801,000 - 465,100) / 801,000

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Hope it helps you my dear:)
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