Answer:
$224,000
Explanation:
Contribution margin = Selling price - Variable cost
= $320 - $76.8
= $243.2
Contribution margin ratio = Contribution margin / Sales
= $243.2 / $320
= $0.76 × 100
= 76%
Break even point = Fixed cost / Contribution margin ratio
= $170,240 / 76%
= $224,000
Answer:
A
Explanation:
Lower class can not usually afford store like this. Hence why they are called lower class
Answer:
<em>Budgeting, analysis of investment proposals, and provision of funds are activities associated with the </em><em><u>finance</u></em><em> function.</em>
Explanation:
<em>The </em><em>finance </em><em>function</em><em> </em><em>manage</em><em>s</em><em> </em><em>a </em><em>business</em><em>'</em><em> </em><em>finance </em><em>and </em><em>helps </em><em>with</em><em> </em><em>the </em><em>decision</em><em>-</em><em>making</em><em>.</em><em> </em><em>This </em><em>allows </em><em>businesses</em><em> </em><em>to </em><em>manage</em><em> </em><em>in </em><em>the </em><em>modern</em><em> </em><em>world.</em>
Usually they start out small as family-owned restaurants and gradually increase until chains are created
