Answer:
e. $42,857.14
Explanation:
The computation of the break-even level of earnings before interest and taxes between these two options is shown below:
(EBIT) ÷ (Number of shares) = (EBIT - Interest) ÷ Number of shares
(EBIT) ÷ (75,000 shares) = (EBIT - $20,000) ÷$40,000
40,000 × EBIT = 75,000 × EBIT - $1,500,000,000
35,000 × EBIT = $1,500,000,000
After solving this,
The EBIT would be $42,857.14
The interest expense
= $320,000 × 6.25%
= $20,000
Answer: (B) Manufacturer agent
Explanation:
A manufacturer agent is refers to the independent sales agent in an organization.
The responsibility of a manufacturer agent is that it is an intermediary an organization as it helps in the product distribution process.
It mainly control all the promotional and the proving decision of the products in an organization and also represent organization as the seller. According to the given question, the company should hire the manufacturer agent.
Therefore, Option (B) is correct.
The five C's of credit<span> is a system used by lenders to gauge the creditworthiness of potential borrowers. The system weighs five characteristics of the borrower and conditions of the loan, attempting to estimate the chance of default. The five </span>C's of credit<span> are character, capacity, capital, collateral and conditions.
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Individual activities and their durations are developed during the planning phase of the project life cycle.
<h3>What is a business plan?</h3>
- A business plan is a document that outlines a company's primary business operations and how it intends to accomplish its objectives.
- Business plans are used by startup enterprises to gain traction and draw in outside investors.
- An executive team can utilize a business plan as an internal roadmap to maintain focus on and progress toward short- and long-term goals.
- Businesses may write a typical business plan that is longer or a lean startup plan that is shorter.
- An executive summary, sections on products and services, marketing strategy and analysis, financial planning, and a budget should all be included in good business plans.
To learn more about Planning, refer to the following link:
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