Answer:
a. 40 % and $630,000
b. $ 270,000
Explanation:
The contribution margin ratio = Contribution ÷ Sales
The dollar sales volume required to break even = Fixed Cost ÷ contribution margin ratio
the margin of safety (in dollars) - company sells 20,000 units = Expected Sales - Break even Sales
The best example of a periodical Chen might use as research is the act small sba.gov. Thus option B is correct.
<h3>What is Research?</h3>
Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.
In the given case, it is explained that Chen is looking for information for a speech about starting his own business. The information which is considered reliable is taken from a portal that is authentic is government portal.
A government portal provides accurate facts and information and helps an individual to understand trends in entrepreneurship.
Therefore, option B is appropriate.
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Answer:
A written message in business or diplomacy.
Explanation:
I hope that this helps!! :)))
In accounting, currency, coins, checks, money orders, and funds on deposit in a bank are recorded in cash.
<h3>What is cash in a bank in accounting?</h3>
- Cash in Bank refers to the current balance in checking or savings accounts or other accounts of a similar nature held in the name of the company or business requesting the certificate. Do not include amounts from personal bank accounts or retirement accounts.
- Every month, the bank will normally send the account holder an official bank statement that lists all of the transactions that occurred on the account that month. Account information can be found on bank statements, including account numbers and a thorough list of deposits and withdrawals.
- There are three different forms of accounting transactions based on the exchange of money: cash transactions, non-cash transactions, and credit transactions.
In accounting, currency, coins, checks, money orders, and funds on deposit in a bank are recorded in cash.
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