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Mashcka [7]
2 years ago
10

f a business has fixed costs of $1k a month, variable costs of $1k a month and has product sales of $2k a month, what statement

is a correct analysis of the situation
Business
1 answer:
PSYCHO15rus [73]2 years ago
6 0

Answer:

The correct option is b. The business is realizing $0 profit and the business is at break-even point.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

If a business has fixed costs of $1k a month, variable costs of $1k a month and has product sales of $2k a month, what statement is a correct analysis of the situation?

a. The business is realizing $2k profit and the business is at break-even point

b. The business is realizing $0 profit and the business is at break-even point

c. The business is realizing $2k loss and the business is at break-even point

d. The business is realizing $2k profit

The explanation of the answer is now provided as follows:

Total cost = Fixed cost + Variable cost = $1K + $1K = $2k

Total revenue = Product sales = $2k

Profit = Total revenue - Total cost = $2k - $2k = $0

When a business makes $0 profit, it implies that the business is at break-even point.

Therefore, the correct option is b. The business is realizing $0 profit and the business is at break-even point.

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I believe the Best-of-the-Rest company is reliable for the quality of the products it produces and resells. Trading food is very dangerous because it needs a very close surveillance by the owner and supervision. A part of a mouse ear at the bottom of the can may have been overlooked in the packaging. Alternatively, it may have been posed by someone with bad intentions to undermine the company's credibility. Everything is possible.

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The Omega Corporation has some excess cash it would like to invest in marketable securities for a long-term hold. Its Vice-Presi
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2 years ago
A company has a "bring your own device" (BYOD) policy for computers; anyone can just go out and buy whatever computer they want.
brilliants [131]

Answer:

<em>I can see there are no choices.</em>

Purchase or Lease Stage

Explanation:

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So, this explains the answer.

5 0
3 years ago
You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on
Anna35 [415]

Answer:

Annual payment= $3,250.77

Explanation:

Giving the following information:

You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 6% per year.

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i=6%

n= 30

Annual payment= ?

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (257,000*0.06)/{[1.06^30]-1}= $3,250.77

3 0
3 years ago
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