Income Total $320,000 whilst variable expenses overall $2 hundred,000 and glued prices general $60,000. the sales volume is 5,000 gadgets. the breakeven point in income bucks is Sale 200000$
working
sale=400000$
VC= 300000$
Contribution=one hundred thousand/0.25
Contribution % to sales is 25%
BEP= Contribution = FC
FC=50000
Contribution % to sales is 25%
assume Sale is = X$ then
BEP= Contribution = FC
BEP= 25% of X$ = 50000$
X = 50000$/25%
X = 200000
The breakeven point is the point at which overall value and general sales are the same, meaning there's no loss or benefit to your small enterprise. In other words, you have reached the extent of production at which the charges of production equal the sales for a product.
The breakeven point in economics, business—and mainly price accounting—is the factor at which overall cost and overall revenue are the same, i.e. "even". there's no net loss or gain, and one has "broken even", even though possibility expenses have been paid and capital has received the risk-adjusted, expected return. This discernment is crucial as it's the most effective manner for an enterprise to decide if what it costs for its products and services will cover what it charges to make the products or provide the one's offerings.
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Correct/Complete Question: An insured is entitled to coverage under a policy that a prudent person would expect it to provide. This principle is called
A. Adhesion
B. Reasonable sensibility
C. Reasonable expectations
D. Insurable interest
Answer:
C, Reasonable expectations
Explanation:
Reasonable expectations is a legal concept in that says that an insured is entitled to coverage under a policy that a prudent and reasonable person would expect it to provide.
Alternatively, reasonable expectation could be said to be something one has good claims to expect will be done or is supposed to be done.
Cheers.
The amount Jackson would be willing to lend is $6,000.
<h3>How much would Jackson be willing to lend?</h3>
In order to determine the amount Jackson would be willing to lend, the present value of the amount Dereck would repay in 4 years. Present value is the sum of discounted cash flows.
Present value = $7,418.87 / (1.0545^4) = $6,000
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