All categories

3 years ago

The sales level at which a company neither earns a profit nor incurs a loss is called the: _________

Business

1 answer:

xz_007 [3.2K]3 years ago

6 0

The sales level at which a company neither earns a profit nor incurs a loss is called the Break-even point.

<h3>What is the Break-even point?</h3>

Break-even is known to be a point or a situation where a firm is said to neither is making money nor they are losing money.

At this point, all the costs are said to have been covered. Break-even analysis is known to be very vital in studying the linkage between the variable cost, fixed cost and revenue. At this point, a firm is neither earns a profit nor incurs a loss.

Learn more about Break-even point from

brainly.com/question/9212451

You might be interested in

Characteristics of just-in-time partnerships do not include:

julia-pushkina [17]

<span>Characteristics of just-in-time partnerships do not include:
a.focus on core competencies.
b.removal of in-transit inventory.
c.long-term contracts.
d.large lot sizes to save on setup costs and to gain quantity discounts.
e.produce with zero defects.

The answer is B</span>

5 0

3 years ago

Samuelson Electronics has a required payback period of three years for all of its projects. Currently, the firm is analyzing two

WITCHER [35]

Answer:

A.) Project A only

Explanation:

Given that

For project A

Pay back = 2.9 years

Net present value = $4,200

For project B

Pay back = 3.1 years

Net present value = $26,400

Based on the above information and payback decision rule, The project A should be accepted as it it contain less period compared to the project B i.e 2.9 years to 3.1 years

Hence, the correct option is a.

5 0

3 years ago

Enumerating different potential implementation environments that could be used to deliver the different sets of capabilities occ

solniwko [45]

Answer: Occurs during the Shaping alternative system design strategies phase-B

Explanation:

This phase also called Innovation phase is used to identify and or formulate decisive alternatives. Here multiple alternatives should be considered and encouraged so as to develop decisions that can cater to the needs identified during the initial decision making

Introducing different alternative decisions helps one to consider a wide new range of opportunities most of which were not though of during the initial stage.and look

When shaping alternative systems design, it is also necessary to consider Solutions that have worked in the past which may be a solution for current decision implementation and to consider different environments or situations that can help solve current capabilities.

8 0

3 years ago

Soft skills are essential career attributes that include communicating clearly, solving problems, getting along with coworkers,

Lerok [7]

Answer:Leadership skills

Explanation:

Soft skills include these seven characteristics

Leadership Skill
Teamwork
Communication Skills
Problem solving skills
Work ethics
Flexibility
Interpersonal skills.

Leadership skills are needed by company to guide the other co-workers in team with help of communication skills of employee.

7 0

4 years ago

On January 23, 10,000 shares of Tolle Company are acquired at a price of $30 per share plus a $100 brokerage commission. On Apri

Vaselesa [24]

Answer:

January 23rd

Dr Investment in Tolle 300,100

Cr Cash 300,100

(to record the acquired of 10,000 Tolle's shares at $30 each and a brokerage cost of $100)

April 12th

Dr Cash 5,000

Cr Dividend Revenue 5,000

(to record dividend revenue from 10,00 Tolle's shares at $0.5 each)

June 10th

Dr Cash 135,900

Cr Investment on Tolle 120,040

Cr Gain on investment disposal 15,860

(to record the sales of 4,000 Tolle's shares at $34 plus $110 commission fees incurred).

Explanation:

All the explanation is given at the end of each transaction. Further explanation as below:

Given there is no information mentioned whether the share acquired is fro 20% to above and the partial disposal of the investment comes quite near to the time of first acquire; we apply the Cost Method for accounting these transactions.

In the June 10th transaction, we have:

- The actual selling price per share = (Selling price x share sold - Brokerage commission) / share sold = ( 34 x 4,000 - 100) / 4,000 = $33.975;

- The cost of share sold per share = ( Purchasing price x share purchase - Brokerage commission)/ share purchased = ( 30 x 10,000 + 100) / 10,000 = $30.01

=> Cost of share recorded ( Cr Investment account) = 30.01 x 4,000 = 120,040;

=> Gain on investment disposal = ( 33.975 - 30.01) x 4,000 = 15,860.

=> Cash receipt = 4,000 x 34 - 100 = $135,900.

3 0

4 years ago