Answer:
Answer B.
Explanation:
EBIT break even point is a situation when company does not make a profit or has loss. It is a point where earnings per share are equal to zero. It is the level of ebit equal to fixed costs for the company, like interest on the debt. If this break even point increases, this leads to the increase of financial risk. However, increase of ebit above break even point leads to net income calculated as EBIT*(1-interest expense)*(1-tax rate)-preferred dividends being higher.
Answer:
B. Evaluate your financial health. Record all expenses for a month to compare income and expenses.
D. Define your financial goals. Pay off credit card(s) by the end of this school term.
A. Develop a plan of action. Develop a budget matching income and projected expenses for the remainder of this academic year.
E. Implement the plan. Reduce expenses in problem areas so amounts do not exceed budgeted projections.
C. Review progress on the plan, reevaluate the plan, and revise the plan or start over with a new one. Based on this year, develop a revised budget for next year based on projected income and expenses.
Explanation:
The five basic steps of financial planning are evaluate, define, develop, implement, and review, or EDDIR for short. It basically by knowing your current position and defining how you want to be in the future. Then you must develop a plan and try to implement that plan. After some prudent time, you should go back and review if the plan was successful or not.
Age: 15
oldest age: 16
siblings: 1
Answer:
1000
Explanation:
The economic order quantity is given by the formula = Square root of [ (2 * D * S ) / (H) ]
D = Annual Demand = 2000*6=12000 numbers (six rotor for each pump)
S = Unit Order Cost = $ 250 / order
H = Inventory Holding Cost = 10% of Unit Cost = 10% of 60 = $ 6
The economic order quantity is given by the formula = Square root of [ (2 * D * S ) / (H) ]
Economic Order Quantiity = Squareroot of { (2 * 12000 * 250) / (6) }
Economic Order Quantiity = Squareroot of { 1,000,000 }
Economic Order Quantiity = 1000 numbers.
