Answer:
B. The loss when x riding mowers are manufactured.
Explanation:
The Left shade of the break-even point on the Cost Volume Profit (CVP) Chart, shows the Loss incurred. This is because the Total Revenue Line is below the Total Cost Line(Fixed Costs + Variable Cost). So any number of units manufactured in this area provides a loss.
Answer:
Future Value is $35776.902
Explanation:
Given data
saving = $2000
rate = 7 % = 0.07
time = 12 year
to find out
Future Value?
solution
we will apply here future value formula that is
Future Value = saving × (1 + rate)^time - 1 / rate
put all value here and we get
Future Value =2000 × (1 + 0.07)^12 - 1 / 0.07
Future Value = 2000 × 17.888451
Future Value is $35776.902
Answer:
Margin of safety Amount by which sales can decrease before a loss is incurred.
To run the business, he outlays $8,000 in cash to cover all the costs involved with running the business, and earns revenues of $150,000. Winston's implicit costs $64,000
<h3>What is implicit costs?</h3>
Any expense that has already happened but isn't always shown or reported as a separate charge is considered an implicit cost. It stands for an opportunity cost that develops when a business commits internal resources to a project without receiving any direct payment in exchange.
For instance, losing out on sales and commissions while training a new employee takes up a day. This opportunity cost, often known as the commission and other pay, is a cost to the employee or trainer.
Explicit costs are distinguished from implicit costs by economists. Out-of-pocket costs including those for labour, supplies, and rent are considered explicit costs, also known as accounting costs. Implicit costs are expenses a company faces without making a direct financial commitment.
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Answer:
Persuasive Advertising is the correct answer.
Explanation:
Persuasive Advertising is a type of advertisement strategy to promote the product and its main objective is to influence the customers to buy a particular product.
Persuasive Advertisement is done through different types of advertising techniques such as television,mail, websites, newspaper, and radio.
Persuasive Advertising skills are very important in the business and marketing areas as it helps the marketing experts to increase the sales, helps in the introduction of new product and to fight with the competitors.
