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pickupchik [31]
3 years ago
6

The margin of safety ratio is computed as actual sales divided by break-even sales. is used to determine the break-even point. i

ndicates what percent decline in sales could be sustained before the company would operate at a loss. measures the ratio of fixed costs to variable costs.
Business
1 answer:
max2010maxim [7]3 years ago
8 0

Answer:

indicates what percent decline in sales could be sustained before the company would operate at a loss.

Explanation:

Since, Margin of safety ratio = Expected Sales - Break even sales

therefore,

The correct statement is : The margin of safety ratio indicates what percent decline in sales could be sustained before the company would operate at a loss.

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3M Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of 717 million. Assume 3M pu
Lesechka [4]

Answer:

4.8 times

76 days

Explanation:

Inventory Turnover is the numbers of times that an inventory is sold in a period. It shows that is there any excessive inventory available in respect to the current sales level.

Formula for Inventory Turnover

Inventory Turnover = Inventory Used during the year / Average Inventory

Inventory Turnover = 3,784 million / ( ( $855 + $717 ) / 2 )

Inventory Turnover = 3,784 million / $786

Inventory Turnover = 4.8 times

Number of days Sales is the numbers of days that a company takes to to be sold.

Numbers of Days Sales = 365 / Inventory Turnover ratio

Numbers of Days Sales = 365 / 4.8 = 76.04 = 76 days

6 0
3 years ago
Select all the items that describe kinds of externalities
natima [27]

The answer is all of the above.

5 0
3 years ago
Vernon spends the following percentages of his budget on the following goods: 23 percent on good A, 11 percent on good B, 1 perc
bearhunter [10]

Answer:

A) good A.

Explanation:

Good A represents the highest percentage of Vernon's budget, so naturally any price change related to good A will affect Vernon greatly and may cause him to change the quantity purchased of that good. Even the price of substitutes or complements of that good will have a large impact in Vernon's purchase decisions.

6 0
3 years ago
Economics is the study of how a society _______________. invests wisely in the stock market employs resources to produce goods a
Luba_88 [7]
The answer is "employs resources to produce goods and services and distribute them among competing groups and individuals<span>"


Economics is a teaching that can enable us to answer these inquiries. Economics can really be characterized a couple of various ways: it's the investigation of shortage, the investigation of how individuals utilize assets or the investigation of basic leadership.
</span>
4 0
4 years ago
When acting as a leader of a meeting, how can you best contribute to the progress of the meeting? Question 42 options: a) Insist
Zarrin [17]

Answer:

The correct answer is letter "E": Pay attention to interpersonal dynamics of the group.

Explanation:

Leaders can contribute to the progress of a meeting by keeping an agenda of the activities that should be covered. In such a way, there will be a direction of where the meeting should be led to. Though, for that scenario to arise, <em>leaders must be aware of how the team members interact with each other</em>. If there are attitudes that drag the team according to the path the meeting should follow, leaders must mitigate them and focus only on the behaviors and contributions that help the team to move forward.

5 0
4 years ago
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