Break-even point (in dollar sales):
Determine the monthly break-even point for the new toy in dollar sales as shown below:
Break-even point (in sales dollars) = Break-even point (in units) × Selling price per unit
=50,115 units $2.60 each
= $130,299
Thus, the break-even point (in sales dollars) is $130, 299.
The break-even point is the point at which total costs equal total sales. In other words, there is no loss or profit for small businesses. This means that we have reached a stage of production where the cost of production equals the revenue of the product. A breakeven point is used in multiple areas of business and finance.
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Answer: The correct cash balance for Sooner Company is "(C) $7,150."
Explanation: The balance of the company before the settlement was $ 5000. The data to take into account to adjust the differences are:
Notes collected by the bank $ 2,200
Service fee $ 50
<u>Therefore: 5000 + 2200 - 50 = $7150</u>
Answer:
3. Looking outward by listening to customers
Explanation:
This particular role assist in retaining customers by creating new opportunities to win customer loyalty and business.
He was born in the city of Dunfermline which is in the country Scotland.
Answer:
Going from private company to public company
Explanation:
This will help the startup to boost its industry connections and get involved in the redefining the company's future with wider access to finance that comes by listing the organization in stock exchange. Stock exchange provides a pool of investors that are willing to invest in your company.
Going public will give the company wider access to industry, expansion options, suppliers redefining, etc. All this will be possible by the wider industry connections.