Answer:
B. Fixed costs divided by unit contribution margin
Explanation:
In sales dollars, Break-Even point = Fixed Costs ÷ Contribution Margin.
Break-Even point in (units) = Fixed Costs / (Sales price per unit - Variable costs per unit).
The Break even point is a measure of which a company can determine if when the product its manufactured or produced will start to be profitable.
Answer: False
Explanation:
Using planning experts to help store managers develop their own plans does not fall under contingency planning which as the term implies is done to prepare for a situation that may or may not happen.
The situation explained goes along more with DECENTRALISED planning where departments or components are given greater freedom over their own operations which is what top management at Multimarkets is doing by allowing store managers develop their own plans.
Answer:
When nominal interest rates cannot be lowered any further.
Explanation:
A liquidity trap occurs when Central Banks fails in its injection of cash into the private banking system to decrease interest rates.
This results in households and businesses maintaining high cash balances and not stimualting aggregate demand.
Answer:
Zero based budgeting
Explanation:
Zero-based budgeting is a process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as though operations were being initiated for the first time.
It is time consuming compared to other method of budgeting ( traditional).
Zero-based budgeting (ZBB) is a method of budgeting where income less expenditure is equal to zero.
It is a budgeting in which all expenses must be justified for each new period. It is detail-oriented.
Zero-based budgeting can be used to lower costs by avoiding blanket increases or decreases to a prior period's budget.
zero-based budgeting may be a rolling process done over several years.
The type of account that is typically the most liquid is the one that could be easily converted into Cash within short period of time. Such as : Checking Account. In order to turn Checking account into cash, you just have to bring it to the bank