Cost volume profit shows the relation between sales volume, price and costs, these three factors affects the profit of company. Such CVP analysis used in decision making for the company. Profit volume(PV) ratio is one of the ratio from CVP analysis. PV ratio is the ratio between Contribution and sales of the company.
For example:- Let's say Sales of the company is $10,000,000 and variable cost = $3,585,000
Contribution will be Sales-variable cost = $10,000,000 - $3,585,000 = $6,415,000
Here in this example, PV ratio of 64.15% is the contribution before fixed cost that a company has earned from its sales.
Break Even Analysis:-
Break even analysis show the situation where the company is at zero profit situation, means no profit no loss situation. Break even analysis or the break even point is the point that given the level at which company earns no profit or incurred no loss. Break even point is one of the analysis that comes under Break even analysis. Break even analysis is the ratio between fixed cost and PV ratio (%) of the company.
For example;- Let's say in the above example Fixed cost of the company is $1,300,000 and PV as calculated in the above example is 64.15% , Break even point will be Fixed cost / PV ratio = $1,300,000 / 64.15% = $2,026.500. This is the point where company is at zero profit/loss situation means company incurred no loss and earned zero profit.
Payment history. Payment history is the most important ingredient in credit scoring, and even one missed payment can have a negative impact on your score. ...
The answer is Credit references. A credit reference is a data, the name of an individual, or the name of an association that can give insights around a person's past reputation with credit. FICO score offices give credit references to organizations while credit authorities give credit references to people.
shows the relationship between the unemployment rate and the size of the negative GDP gap.
Explanation:
Okun's law focuses on the relationship that exists between unemployment and economic growth. It's states that the gross domestic product of a nation should grow at about 4% to result in an unemployment rate reduction of 1%.
So it follows that if unemployment rate rises there will be a negative gap in the GDP of a country.
Employed labour is needed to produce output that will grow the economy and the GDP.
However when unemployment increases there is less labour and low output level, resulting in reduction of GDP.
<span>Working experience may or may not be a not
a major guideline of the youth employment section of the fair labor standards
act. According to a DOL article, Children from 14 to 18 years old do have time
limits and work range depends on their age and average of their body built.
Still they have rules and regulations to follow.</span>
