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3 years ago

Break-even analysis:

Business

1 answer:

iris [78.8K]3 years ago

7 0

Answer:

The correct answer is E: provides a means of determining the minimal number of units that need to be sold to prevent a financial loss.

Explanation:

The break-even analysis is a tool that provides the level of units or sales necessary to cover both variable and fixed costs. It can include profit. The formula is:

Break-even point= fixed costs/ contribution margin

Break-even point (dollars) fixed costs/ contribution margin ratio

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This question explores the calculation of the unemployment rate. You will be provided some imperfect employment data for four di

Alik [6]

Answer:

Unemployment rate= 0.13= 13%

Explanation:

Giving the following information:

Of these 95 individuals, 75 are in the labor force and 65 are employed.

To calculate the unemployment rate, we need to use the following formula:

Unemployment rate= unmeployed population / labor force

Unemployment rate= 10/75

Unemployment rate= 0.13

7 0

4 years ago

rabapples, Inc. purchases and sells boxes of dried fruit. The following information summarizes its operating activities for the

pantera1 [17]

Answer:

$40.875

Explanation:

Given that,

Selling Expenses = $ 9,600

Merchandise Inventory on December 31 = 33,000

Merchandise Inventory on January 1 = 47,000

Purchases of merchandise = 83,500

Rent for store = 12,100

Sales commissions = 7,300

Sales revenue = 168,500

Cost of goods sold:

= Beginning merchandise inventory + Merchandise purchase - Ending merchandise inventory

= $47,000 + $83,500 + $33,000

= $163,500

If Crabapples sold 4,000 boxes of dry fruit during the year, then the cost per box of dry fruits is:

= Cost of goods sold ÷ Number of boxes sold

= $163,500 ÷ 4,000

= $40.875

3 0

3 years ago

Currently you purchase ten frozen pizza per month. You will graduate from college in December, and you will start a new (high-pa

bogdanovich [222]

Answer:

Inferior good

Explanation:

Inferior goods are those type or the kind of goods whose demand falls or decline when the income of the person or customer or individual rises or increases.

In short, the demand of the inferior goods is related inversely to the customer or person income.

So, in this case, the person bought 10 frozen pizzas per month, but when the person start earning, then the person would not buy the frozen pizzas. The frozen pizza will be inferior good for the person as the income of the person will rise.

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4 years ago

When Whitney took over her father's sporting goods store, she evaluated some of her father's vendor relationships. She found tha

muminat

Answer:

Open Communication

Explanation:

In business, open communication is really the capacity of anyone to obtain, access and share communication resources on one level in order to provide value-added facilities on yet another level in a layered communication system architecture under equal conditions with a transparent relationship between cost and pricing.

It is important for business because it encourages your staff to become more involved and recognize that what they are doing counts to business success.

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4 years ago

On December 10, you receive your bank statement showing a balance of $2,979.94. Your checkbook shows a balance of $2,778.88. Out

babunello [35]

Answer:

See below

Explanation:

Balance per bank statement $2,979.94

Add: Interest earned $126.83

Less:

Check book balance $2,788.88

Add: Oustanding checks

($381.83 + $171.57)

6 0

3 years ago