The content areathe point of zero profit is called the: Break-even point.
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What is the Break-even point?</h3>
- By dividing the fixed production costs by the price per unit less the variable production costs, the breakeven point is determined in accounting.
- The production level at which a product's expenses and revenues are equal is known as the breakeven point.
- When an asset's market price equals its initial cost, this is referred to as reaching the breakeven point in investment.
- There are several circumstances in which breakeven points might be used.
- Traders also use BEPs to analyze deals, calculating the price a security must reach to precisely pay all trade-related expenses such as taxes, commissions, management fees, and so forth.
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Answer:
If the interest rate decreases, you will be able to pay back the loan in only 58 months, which is 27 months less than with the higher interest rate.
Explanation:
I prepared an amortization schedule using the 21.8% rate, an it would take 85 months to pay of your debt completely. But if the interest rate decreases to 12.4%, it will take you only 58 months.
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Answer:
appellant
Explanation:
appellant - it is referred to as the party that challenges the case in the upper court. Appellant is in search of modification of case. when appellant are not satisfied with the judgment of the lower court they appeal in higher court for some reversal in case.
for example - if someone is not satisfied by the judgment on eligibility to the particular post then the person can appeal to the higher authority to seek the result according to him/her.
The activities needed to operate a business can be divided into a number of three types of activities. These are operating, investing, and financing activities.
<h3>What are business activities?</h3>
Business activities can be defined as kinds of activities firms conduct for achieving their purpose. It helps in generating revenues and ensuring business continuity.
The major three types of activities are operating, investing, and financing activities. Operating activities support the entity's primary purpose. Financing deals with collecting funds for financial strength and growth. Investing activities are when a business invests in long-term assets.
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Answer:
The amount that would not be covered by Thad Joslin insurance is $50,000
Explanation:
Thad has a 100/300 bodily injury liability coverage, this implies that he has a coverage of $100,000 bodily injury liability insurance per person and $300,000 total bodily injury liability insurance per accident. However, his insurance policy does not make provision for or cover the $50,000 property damage liability per accident. Therefore, Thad Joslin would have to pay for it.
