Answer:
The break even in dollars is $214000
Explanation:
The break even point in dollars is the amount of revenue earned that is equal to total cost and there is no profit or no loss. The break even is used to calculate the minimum revenue that should be earned by the firm to cover its total costs. The break even in dollars is calculated by dividing the fixed costs by the contribution margin ratio.
Break even in dollars = Fixed costs / Contribution margin ratio
Where, contribution margin ratio = (Selling price per unit - Variable cost per unit) / Selling price per unit
Contribution margin ratio = (220 - 74.8) / 220 = 0.66 or 66%
Break even in dollars = 141240 / 0.66 = $214000 per month
Answer:
A
Explanation:
Here, we want to select which of the options best gives the needed result when we need to add Values of data between cell C2 and C8
The correct syntax to this is to go to that cell in which we want the result;
Then type =SUM(C2:C8)
Excel automatically sums up all the values we have between these two cells and return the addition of these values in the cell where we input the formula
In the recent years, investors and hoteliers have been increasingly made aware of how the environment and social life impacts hotel operations and developments. Factors that have contributed to this awareness include the desires of hotel owners and operators to reduce costs of operations, change required for sustainable development, increased regulations that pay attention to development and operations and the way attitudes of investors are changing towards the environment. Sustainability is still a difficult task to measure in the hospitality industry. Business environment faces many challenges because of its dynamic nature
Zappos is an online shoe and clothing shop. <span>Zappos was created and made possible by a changing business-environmental factor. This factor is technology. The new technologies (internet) enable the online sales and e-commerce. Products are sold online on web-sites.</span>
Answer:
Reliability and validity are concepts used to evaluate the quality of research. They indicate how well a method, technique or test measures something. Reliability is about the consistency of a measure, and validity is about the accuracy of a measure.
Explanation:
