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victus00 [196]
2 years ago
14

Margaret sells hand-knit scarves at a flea market. Each scarf sells for $25. Margaret pays $30 to rent a vending space for one d

ay. The variable costs are $15 per scarf. How many scarves should she sell each day in order to break even?
Business
1 answer:
musickatia [10]2 years ago
7 0

Answer:

The answer is 3 units

Explanation:

Break even sale is the amount of sales a firm or business needs to sell to break even , that is, the amount to sell to neither make profit nor loss.

Break even sales = Fixed cost ÷ ( unit sales - variable costs)

$30/($25 - $15)

$30/$10

=3 units

Break even sales is 3 units. That means Margaret needs to 3 units of hand-knit scarves to neither make profit or loss. Units above 3 will result into profit making while units below 3 will result into loss making.

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The answer is:  "virtualization" .
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3 0
3 years ago
On June 1, 2013 Oakcrest Company signed a three year $110000, note payable with 9% interest. Interest is due on June 1 of each y
seropon [69]

Answer:

$5,775

Explanation:

The computation of the interest payment is shown below:

= Note payable amount × rate of interest × number of months ÷ total number of months in a year

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2 years ago
Zeke, an employer, received a grievance from Gavin, an employee who was dismissed recently. Zeke rejected Gavin’s grievance as h
miss Akunina [59]

Answer:

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Based on the information given about Zeke who is the employer , Gavin the employee and the formal employee who was dismissed The statement that would prove that Zeke the employer made a faulty decision is that Both an employee and the former or ex employee can raised a grievance reason been that settling dispute due to Grievance at a place of work can only take place with a current employee and not a formal employee , ex employee or a dismissed employee.

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7 0
3 years ago
Which of the following is a period during which aggregate output, as measured by real GDP, declines
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Answer:

D. Recession

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Aggregate output in an economy declines during a recession. This is because economic activities are declining. When such occurs GDP declines. This is different from stagflation in the sense that during a recession, only real GDP declines. However, in a stagflation, the fall in GDP also results to the increase in inflation. During recessions, economic activities are low so is price level.

4 0
1 year ago
The typical risks of a cost leadership strategy include: a. the inability to balance high differentiation and low price. b. exce
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8 0
2 years ago
Read 2 more answers
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