<u>Calculation of Breakeven Point:</u>
The breakeven point (units) can be calculated using the following formula:
Breakeven Point (Units) = Total Fixed cost/ (Selling Price- Variable Cost)
It is given that the company produces custom bike license plates and spends $5525 per month in building overhead plus $2.50 per license plate. The plates sell for $5.99 each.
Hence,
Breakeven Point (Units) = 5525 / (5.99-2.50) = 1583.09
Hence we can say that the company must sell <u>1583 plates</u> each month before making the profit.
<span>The answer is A . Forming relationships is the most important thing about meeting new contacts.</span>
Answer:
c. the same amount of interest expense being recognized over the life of the bonds
Explanation:
The interest expense will be the cash outlay plus discount on bond payable or cash outlay less premium on bonds payable.
If the method total interest expense are different then company's will always chose one over the other to decrease their income taxes
Also, accounting should represent reality thus, the method to recognize interest should give the same result at the end of their life.
All of Cornelius’s activities are aimed at giving grand games a sustainable competitive advantage through <u>strategic positioning.</u>
- Strategic positioning simply refers to the methods that a business can use in distinguishing itself from its competitors. It is the decision taken by a firm on how to serve the customers and deliver quality products to them.
- Based on the information given, Cornelius owns a high-end store that retails games and toys that are handcrafted and carefully selected. Also, Cornelius targets customers who value artisanal work, this is referred to as strategic positioning.
In conclusion, the correct option is strategic positioning.
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