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3 years ago

What are entrepreneurs?

Business

2 answers:

mezya [45]3 years ago

8 0

Answer:

Entrepreneurs are people who organize/operate their own buisness or buisnesses.

Explanation:

hope this helps lad :)

Leokris [45]3 years ago

6 0

They come up with new ideas and new business models to develop a company and make more profit

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Winston Company’s high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in Decem

horsena [70]

Answer:

Total cost= $36,000

Explanation:

Giving the following information:

Winston Company’s high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in December. Machine maintenance costs were $52,000 in April and $20,000 in December.

To calculate the total cost, first, we need to calculate the unitary variable cost. With the unitary variable cost, we can calculate the fixed costs. Then, the total cost at 40,000 units.

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (52,000 - 20,000) / (60,000 - 20,000)= $0.8 per unit

Now, we calculate the fixed costs:

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 52,000 - (0.8*60,000)= $4,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 20,000 - (0.8*20,000)= $4,000

Total cost= 4,000 + 0.8*units

Total cost= 4,000 + 0.8*40,000= $36,000

5 0

3 years ago

Molson-Coors Brewing Company (TAP) reported the following operating information for a recent year (in millions):

Dahasolnce [82]

Answer:

1)Break Even Sales Volume in Units=105.789067 million barrels

2))Break Even Sales Volume in Units=114.0512569 million barrels

Explanation:

Break Even Sales Volume in Units= Fixed Costs/ Contribution Margin per unit

Given

Molson-Coors

 All figures in millions

Sales $3,568

Cost of goods sold (2,164)

Gross profit $1,404

Marketing, general, and admin. expenses (1,052)

Operating income $352

Molson-Coors

All figures in millions

Sales $3,568

Variable Cost of goods sold (2,164)*70%= (15,14.8)

Variable Marketing, general, and admin. expenses (1,052) *40%= (600.8)

Contribution Margin $1,452.4

Fixed Cost of Goods Sold 649.2

Marketing, general, and admin. expenses (1,052) *60%= $ 631.2

Operating income $172

Break Even Sales Volume in Units= Fixed Costs/ Contribution Margin per unit

When Fixed Costs are not increased in the current year.

Break Even Sales Volume in Units= 649.2+631.2/12.1033 (millions)

1)Break Even Sales Volume in Units=105.789067 millions barrels

When Fixed Costs are increased in the following year.

Break Even Sales Volume in Units= 649.2+631.2+ 100/12.1033 (milions)

2))Break Even Sales Volume in Units=114.0512569 millions barrels

7 0

3 years ago

The doctor told ellie and tom to compute the gestational age of their fetus by determining the time of

Ierofanga [76]

In order to compute the gestational age of their fetus by determining the time of last menstrual period. Gestational age is also called the menstrual age which measures the age of the fetus. Gestational age is usually being computed by the date of the last menstrual period of the mother and by doing an obstetric ultrasound to verify the size of the fetus and thru this it can estimate the gestation age of the fetus.

7 0

3 years ago

Diversification works because:I. unsystematic risk exists.II. combining stocks into a portfolio reduces the standard deviation o

DaniilM [7]

Answer:

D) I and III only.

Explanation:

II is false because the standard deviation of each stock is an inner characteristic of the stock and cannot be affected by combining it with other stocks in an investment portfolio. I. is true because each stock risk answer to the sector risk and company risk essentially, and by having stock of different sectors and companies is expected that unsystematic risks as these are off-setted. By having a portfolio with wide not-correlated stocks is expected that the risk can be reduced dramatically.

4 0

3 years ago

In each of the following cases, calculate the accounting break-even and the cash break-even points. Ignore any tax effects in ca

Sloan [31]

Answer:

Accounting Break-Even

Case 1 = $14,350 Case 2 = $8,485.71 Case 3 = $214.375

Cash Break-Even

Case 1 = $11,766.67 Case 2 = $1342.86 Case 3 = $168.75

Explanation:

According to the scenario, computation of the given data are as follow:-

Accounting Break-Even = (Fixed Cost + Depreciation Cost) ÷ (Price Unit -Variable Unit)

Case 1 - ($7,060,000 + $1,550,000) ÷ ($3075 - $2,475)

= $8,610,000 ÷ $600

= $14,350

Case 2 - ( $47,000 + $250,000) ÷ ($96 - $61)

= $297,000 ÷ 35 = $8,485.71

Case 3 - ($2,700 + $730) ÷ ($21 - $5)

= $3,430 ÷ $16 = $214.375

Cash Break Even = Fixed Cost ÷ (Price Unit - Variable Unit)

Case 1 - $7,060,000 ÷ ($3075 - $2,475)

= $7,060,000 ÷ $600

= $11,766.67

Case 2 - $47,000 ÷ ($96 - $61)

= $47,000 ÷ $35 = $1342.86

Case 3 - $2,700 ÷ ($21 - $5)

= $2,700 ÷ $16 = $168.75

6 0

2 years ago