15,000 units is the break-even point. In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or "even."
How to calculate break-even point ?In economics, business, and particularly cost accounting, the break-even point is the point at which total cost and total income are equal, or even. Although opportunity costs have been paid and capital has received the risk-adjusted, projected return, there is no net loss or gain, and one has broken even.
Total cost = variable cost x number of units + total fixed cost (TC = VC*X + FC). This is also known as the cost function.
At break-even point, TR = TC.
One of the most widely used financial analysis concepts is the break-even point, which is not just useful for economists but can also be used by business owners, accountants, financial planners, managers, and even marketers.
Fixed costs are ($400,000 × 40%) - $40,000 = $120,000.
Break-even point is $120,000/0.40 = $300,000 in sales,
and $300,000/$20 = 15,000 in units.
The break-even point is 15,000 units
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An efficient Nebraska corn farm decides to hire more workers and use fewer harvesting machines after learning of:
I. An increase in corn commodity prices.
II. A decrease in fuel prices.
III. An increase in worker productivity.
IV. An increase in harvesting machine maintenance costs.
The farm would likely hire more workers and use fewer machines after learning of (Option I.) an increase in corn commodity prices.
The Impact of an Increase in Corn Commodity Prices on a Nebraska FarmI. An increase in corn commodity prices.The farm would likely hire more workers and use fewer machines after learning of an increase in corn commodity prices. An increase in worker productivity and a decrease in fuel prices would also lead the farm to use fewer machines. An increase in harvesting machine maintenance costs would not likely lead the farm to change its use of workers or machines.
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when an agent agrees to act on behalf of a principal, the agent is a(n) , a person in a position of trust and confidence and, as such, owes certain duties to the principal.
When an agent agrees to act on behalf of a principal, the agent is a Fiduciary a person in a position of trust and confidence and, as such, owes certain duties to the principal.
A fiduciary is someone who has a legal or ethical trust relationship with one or more other people. Typically, a fiduciary responsibly manages money or other assets on behalf of another person.
Typically, a fiduciary responsibly manages money or other assets on behalf of another person. One party, such as a corporate trust business or a bank's trust department, acts as a fiduciary to another party, who has committed funds to the fiduciary for protection or investment.
A fiduciary is someone who manages property or money on someone else's behalf. When you become a fiduciary, the law requires you to manage the person's assets for the benefit of the person, not for your own.
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one form of power moves is enlisting the support of allies, which can help the other party see the advantage of negotiating. True or False
The statement that one form of power moves is to enlist the support of allies for your rivals to see the advantage of negotiating is True.
Why should allies be enlisted?When it comes to navigating the world of business, sometimes there will be a need to enlist the help of allies. Allies can help a business or party to overcome their rivals and become more profitable.
One way that allies are able to do this is by showing the other party, or your rivals, that there is a need to negotiate to get stonger instead of compete. This can bring both parties to the negotiating table.
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___ board is a water-resistant material used as a backing for ceramic tile in areas that have high moisture content, such as near a shower, tub or spa.
a) Wet
b) Green
c) Blue
d) Bypsum
Gypsum board is a water-resistant material used as a backing for ceramic tile in areas that have high moisture content, such as near a shower, tub or spa.
What is Gypsum ?
With the chemical formula CaSO 2H2O, gypsum is a soft sulfate mineral made of calcium sulfate dihydrate. It is widely mined, used as fertilizer, and the primary component of numerous plaster, sidewalk or blackboard chalk, and drywall products.
For usage as plaster of paris and as construction materials in plaster, Keene's cement, board products, tiles, and blocks, around three-fourths of the entire production is calcined.
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What term refers to retailers trying to get ahead on Black Friday sales by opening late on Thursday evening?
For many years, businesses pushed the start of Black Friday sales earlier and earlier until they finally opened on Thanksgiving night.
Kmart opened its doors at 7 PM on Thanksgiving Day 2009 so that customers may avoid the traffic on Black Friday and make it home in time for dinner with their families. Two years later, on what became mockingly known as "Black Thursday," several stores started opening at 8 or 9 PM. Other retailers have continued this practice in succeeding years, either opening Thanksgiving Day earlier and earlier or staying open all day, starting early in the morning. Instead, the terms "Gray Thursday" or "Brown Thursday" have been adopted in some retail and media sources.
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eve's apples opened its business on january 1, 2021, and paid for two insurance policies effective that date. the policy for equipment damage was $34,920 for 18 months, and the crop damage policy was $12,300 for a two-year term. what is the balance in eve's prepaid insurance as of december 31, 2021?
$25,200 is the balance in eve's prepaid insurance as of December 31, 2021.
What is insurance ?Insurance refers to the one way to manage risk. When you buy insurance, you are buying protection against unexpected balance losses. If something bad happens to you, the insurance company will pay you, or someone you choose.However, there are four types of insurance that most financial experts recommend for all of us life, health, cars and long-term disability”.Contract details such as contract period, number, and premium. Name of insured person and property (if applicable). Coverage and corresponding deductible limits. A list of supplements included in the policy, or their total number.Insurance is a financial safety net that helps you and your loved ones recover after something bad happens, such as an accident. When you purchase insurance, you receive an insurance policy. This is a legal contract between you and your insurance company.To learn more about insurance from the given link :
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What law relating to project management states that adding manpower to a late software project makes it later?.
Brooks' regulation is an statement approximately software program venture control in keeping with which including manpower to software program venture this is not on time delays it even longer.
The required details for Brooks' law in given paragraph
Brooks' regulation is an statement approximately software program venture control in keeping with which including manpower to software program venture this is not on time delays it even longer. It became coined through Fred Brooks in his 1975 book The Mythical Man-Month. According to Brooks, below sure conditions, an incremental character while introduced to a venture makes it take more, now no longer much less time. According to Brooks himself, the regulation is an "outrageous over simplification ", however it captures the overall rule. Brooks factors to the primary elements that specify why it really works this way: It takes a while for the human beings introduced to a venture to come to be productive. Brooks calls this the "ramp up" time. Software tasks are complex engineering endeavors, and new people at the venture ought to first come to be knowledgeable approximately the paintings that has preceded them; this training calls for diverting sources already running at the venture, quickly diminishing their productiveness at the same time as the brand new people aren't but contributing meaningfully.
In addition to decreasing the contribution of skilled people , new people may also even make bad contributions, for example, in the event that they introduce insects that pass the venture in addition from completion.
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odd foley is applying for a $230,000 mortgage. he can select either a $1,610 monthly payment with no points or a $1,449 payment with 4 points. how many months will it take todd to cover the cost of the discount points if he takes the lower monthly payment?
If Todd chooses the smaller monthly payment, it will take him (58 months) to make up the cost of a discount points.
What is termed as the discount points?Your interest rate is reduced by points, commonly referred to as discount points, in exchange for an up-front payment. The lender accepts a higher interest rate in return for a reduction in your closing fees. Sometimes, these words are used to refer to different things. Mortgage lenders have been using the term "points" for a long time.For the stated question-
Amount of mortgage - $230,000.
Monthly payments - $1,610 monthly payment with no points.
Monthly payments - $1,449 payment with 4 points.
Thus, amount after apply 4 points is-
0.04 x $230,000 = $9,200
Time duration.
= $9,200/($1,610 - $1,449)
= $9,200/$161
= 57.14
= 58 months
Thus, if Todd chooses the smaller monthly payment, it will take him (58 months) to make up the cost of a discount points.
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the first step in integrating enterprise-wide risk management (erm) with strategic planning is to
The first step in integrating enterprise-wide risk management (erm) with strategic planning is to Consider goals for ERM as part of the organization's business model.
The term business model refers to a company's plan for making a profit. It identifies the products or services the business plans to vend, its linked target request, and any anticipated charges. Business models are important for both new and established businesses.
A business model describes how an association creates, delivers, and captures value, in profitable, social, artistic or other surroundings. The process of business model construction and revision is also called business model invention and forms a part of business strategy.
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Disclaimer: The question is incomplete. Please read below to find the missing content.
The first step in integrating enterprise-wide risk management (ERM) with strategic planning is to
Select one:
A. Direct an examination of internal and external threats to the organization's mission, strategies, and goals.
B. Identify threats to achieving organizational goals.
C. Determine the criticality of the risks to the organization in order to prioritize risks for treatment.
D. Consider goals for ERM as part of the organization's business model.
a grandmother deposited $1,000 in an account that pays 8% per year compounded annually when her granddaughter was born. what will the value of the account be when the granddaughter reaches her 13th birthday?
The value of the account when the granddaughter reaches her 13th birthday will be $2720
Compound interest is interest that builds up over a set length of time on both principal and interest. The principal is also used to account for the interest that has accrued on a principal over time. Furthermore, the accumulated principal value is used to calculate interest for the subsequent period.
Principal amount invested = $1000
Rate of return = 8% per year
Time = 13 years
Using the formula we get the following:
A = P(1+r/100)^n
where A = amount
P = principal amount invested
r = rate of return
n = time in years
Substituting the values in the formula we get:
A = 1000(1+8/100)^13
= $2719.62 or $2720
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These are perhaps the most widely used of the general location techniques.
Location analysis method
Centroid method
Transportation method
Factor-rating systems
The perhaps the most widely used of the general location techniques is Location analysis method
Location analysis is a method for identifying, evaluating, and defining the best locations for people, information, activities, and things within an organization. In order to assist in providing answers to location-based challenges, location analysis can include building models, approaches, and tools. Location analysis is the study and creation of models, methodologies, and instruments to offer sensible solutions to practical locational choice problems to decision-makers. Through analysis of audience demographics, psychographics, brand affinities, trade regions, pathing, and other crucial criteria, it assists businesses in choosing the best location for the establishment of their new offices, retail outlets, or manufacturing facilities.
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if you were a loan officer evaluating a small business credit application for a loan secured by working capital, you would generally want to see a higher (rather than lower) number of days in inventory and number of days' sales in receivables. group startstrue or false
False, If you were a loan officer assessing a small business credit implementation for just a loan protected by working capital, you would typically prefer to see a higher number of days in inventory as well as number of days' selling in receivables (rather than a lower number).
What is inventory?
Both the raw materials used in production and the finished goods that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. Finished goods, work-in-progress, as well as raw materials are the three different categories of inventory. It appears as a current asset on a company's balance sheet. Inventory is a crucial asset for any business. It is described as the assortment of raw materials or finished products that a company maintains throughout the normal course of business.
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when choosing an area for research, we usually start either with a broad area of management, such as marketing or operations management, or a practical question that needs to be answered to help managers with decision-making
TRUE - when choosing an area for research, we usually start either with a broad area of management, such as marketing or operations management, or a practical question that needs to be answered to help managers with decision-making.
Control (or dealing with) is the administration of an organization, whether or not it's miles a business, a non-earnings organization, or a government body. It's far the art and technology of handling resources of the business. Control includes the activities of putting the strategy of a corporation and coordinating the efforts of its personnel (or of volunteers) to accomplish its objectives via the utility of to-be-had sources, which include monetary, natural, technological, and human sources. "Run the enterprise"[1] and "change the business" are principles that might be used in management to distinguish between the continued shipping of products or offerings and adapting of goods or services to satisfy the changing needs of clients - see trend. The term "management" might also seek advice from the ones folks that manipulate a company—managers.
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question content area part 1 the focus of an appliance manufacturer when choosing a location is likely to be a. education focus b. revenue focus c. focus on finding very highly skilled technicians d. cost focus e. environmental focus
A location Decision for an appliance manufacturer would tend to have Cost focus.
When companies try to draw customers based solely on price, this is known as a cost focus strategy. By undercutting their rivals' prices, companies who employ this strategy seek to provide their products or services to consumers at the lowest possible price. The goal of businesses using this strategy is frequently to cater to a narrow, segmented target market.
Reduce operational costs within the company as much as possible is another goal of a focused cost strategy. Because of this, cost focus and price focus are frequently confused. Businesses that prioritize price seek out ways to lower the cost of stock they purchase and strive to sell products for the least amount of money.
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a client has just purchased a zzz june 35 call at eight when the stock is trading at 41. what is the contract's premium?
a lient has just purchased a zzz June 35 call at eight when the stock is trading at 41. the contract's premium is two points of time value and Six points of intrinsic value
Intrinsic value may be a degree of what a resource is worth. This measure is arrived at by implies of an objective calculation or complex money-related demonstration. Intrinsic esteem is diverse from the current showcase cost of an asset. Be that as it may, comparing it to that current cost can deliver speculators a thought of whether the resource is underestimated or overvalued. whereas time value alludes to the portion of an option's premium that's inferable to the sum of time remaining until the close of the alternative contract. The premium of any choice comprises two components: its intrinsic value and its extrinsic value. Time value may be a component of an option's outward esteem, nearby implied volatility, and relates to subsidiaries' markets. It ought to not be befuddled with the time esteem of cash, which portrays the marking down of money's obtaining power over time.
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how might the christian worldview resolve the issue of abortion
The christian worldview resolve the issue of abortion as the christianity laws clearly says that terminating a developing life is a murder.
What is christian worldview for the abortion and how might the christian worldview resolve the issue?Christian worldview have written a crime and clearly is against the abortion of developing life.The christian worldview for abortion is so anti and clearly depicts the disagreement in the termination of pregnancy.The abortion or termination of foetus before full development and parturition is considered sin by the christian worldview.Here the question is asked of the christian worldview to resolve the issue of abortion and the laws followed by the christian for abortion.Hence the christian worldview resolve the issue of abortion as stated in their culture of christianity that abortion or termination of child is a sin.To know more about abortion visit:
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Connor’s company produces bicycles and wants to establish a wholly owned subsidiary in austria. It can do this by acquiring an established firm in austria or by.
It can do this by acquiring an established firm in Austria or by setting up greenfield investment.
What is greenfield investment?When a parent business establishes a subsidiary in another nation and starts up activities there, this is referred to as a green-field (sometimes "greenfield") venture. These projects may involve not just creating new production facilities but also new offices, living quarters, and distribution centres. The phrase "green-field investment" derives its name from the fact that the business, which is typically a multinational corporation (MNC), is starting a project from scratch by preparing and ploughing a green field. These initiatives are what are referred to as foreign direct investments, or just direct investments, and they give the sponsoring corporation the most degree of control.
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The ________ in which the sequence of development phases is strictly determined and cannot be reversed is a criticism of the sdlc.
The REQUIREMENTS ANALYSIS PHASE in which the sequence of development phases is strictly determined and cannot be reversed is a criticism of the SDLC.
What are the phases of SDLC ?
The requirements collecting, design, development, test, deployment, and maintenance phases make up the software development life cycle. A committed group of specialists with knowledge in the field manages each stage of the software development process.
Planning, analysis, design, development, testing, implementation, and maintenance are the new seven phases of the SDLC.
Further user needs analysis and the creation of specific requirements will be based on documentation relating to user requirements from the Concept Development Phase and the Planning Phase. The phrase "application" refers to a grouping of data, software, and hardware elements working together to complete a task. Applications, information systems, and business processes have the same traits and elements.
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a fast-food company does not promote anyone to manager unless he or she started at the beginning, flipping burgers. this is an example of a company promoting which type of power?
Referent Power is an example of a company promoting which type of power.
What is a banking system?A bank is a type of financial institution authorized to grant loans and accept deposits for checking and savings accounts. Individual retirement accounts (IRAs), certificates of deposit (CDs), currency exchange, and safe deposit boxes are other services that banks offer.Retail banks, commercial or corporate banks, and investment banks are just a few of the several sorts of banks.Since the fourteenth century, at least, banks have existed. They give customers and business owners a secure place to store their cash as well as a way to get loans for both personal and professional endeavors.Banks provide loans and charge interest on them using the money that is deposited.Since the Medical family began dabbling in banking during the Renaissance, the basic business model hasn't changed much, but the variety of products that banks offer has expanded.learn more about banking system click here:
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In what pricing strategy are prices lowered in a series of steps with the demand by those who really desire the product being satisfied at the highest prices?.
A price skimming strategy refers to when an e-commerce business charges the highest initial price that customers will pay, then lowers it over time. As demand from the first customers is satisfied and more competitors enter the market.
A skimming crime can be easy tax evasion: the owner of a business might also fail to "ring up" a transaction and pocket the coins, hence converting a patron's charge without delay to the proprietor's personal use with out accounting for the profit, thereby the proprietor avoids paying both commercial enterprise or non-public income taxes on it. A well-known example of this crime took place at Studio 54 discotheque,[1] which changed into compelled to close as a end result. Skimming at casinos is related to the investment of prepared crime.
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according to the tradeoff between risk and return, which asset would likely have the highest average return on investment over a 20-year period?
According to the tradeoff between risk and return, shares of stock in social media companies, would likely have the highest average return of investment over a 20-year period
What is a stock?
In finance, stock refers to all of the shares that make up a corporation's or company's ownership. A single share of stock represents fractional ownership of the firm based on the total number of shares. Stock can be purchased and sold individually or on stock exchanges, and such transactions are often carefully regulated by governments in order to prevent fraud, protect investors, and promote the overall economy. Certain classes of stock may be issued without voting rights, with improved voting rights, or with a specific priority to earn profits or liquidation proceeds before or after other classes of shareholders.
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the times interest earned ratio reflects:
The ratio of interest earned to total revenue demonstrates a company's capacity to meet its debt obligations in the form of interest.
Explain about the Interest?
When you put your money in a high-yield savings account, a bank will provide you interest. The bank pays you to keep your money on deposit and utilise it to make investments in other deals. On the other hand, if you borrow money to cover a significant bill, the lender will also charge you interest
The cost a company pays a lender (creditor) for a loan is called interest. Although many different arrangements are possible, interest payments are typically based on the remaining balance of a loan and paid on a monthly basis. At a predetermined interest rate, interest is typically calculated as a percentage of the loan balance.
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Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?" How would Demetri BEST classify this type of communication
introductions
small talk
making a request
giving condolences
If Demetri overhears his colleague say, "I cannot believe the Yankees lost that game! Did you see that home run?" Demetri would BEST classify this type of communication as: D. giving condolences.
What is communication?Communication can be defined as the way in which two or more people tend to interact with one another. Communication can be inform of written, verbal or non-verbal.
This scenario is an example of giving condolence based on the fact that the Demetri colleague is showing empathy as well as giving condolence because yankees lost the games.
Therefore the correct option is D.
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When designing in-store signage, the supermarket omar manages develops yellow signs and shelf tags with bold lettering to catch consumers’ attention. The use of visuals in this manner represents the ________blank component of the communication process.
The use of the visuals in this manner represents encoding component of communication process.
What is communication?Most people define communication as the transfer of information. The expression may also refer to the broadcast itself or to the field of study that looks at such transmissions. There are some disputes about its precise definition. John Peters asserts that the difficulty in defining communication is due to the fact that it is both a universal phenomenon (as everyone communicates) and a specific academic research topic that has been institutionalised. One definitional strategy is to narrow the range of what can be classified as communication (for example, requiring a "conscious intent" to persuade). This justification suggests that a definition of communication may be the process of building understanding between things or groups through the use of signs, symbols, and semiotic customs.
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if the labor supply curve is very elastic, a tax on labor
If the labor supply curve is very elastic, a tax on labor a. has a large deadweight loss.
We can also record facts about your Elastic Account to credit bureaus. Late bills, overlooked payments, or other defaults in your Elastic Account may be meditated to your credit record.
Unlike an installment or payday mortgage, you may open a line of credit right away borrowing cash — the line of credit score sincerely gives you the capacity to borrow cash in case you want to. You furthermore may typically most effectively pay hobby or fees on the quantity you borrow, not your whole credit score restriction.
Elastic is the clean manner to access money while you want it. Once your Elastic Account is open and activated, you may get the right of entry to cash every time the need arises. With Elastic, you request coins Advances online. As you repay your balance, you can request additional coins Advances up for your credit limit.
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if inflation is expected to decrease, then group of answer choices savers will provide less funds at the existing equilibrium interest rate. the equilibrium interest rate will increase. the equilibrium interest rate will decrease. borrowers will demand more funds at the existing equilibrium interest rate.
If inflation is expected to decrease, then the equilibrium interest rate will decrease.
Option C is correct.
What's interest rate?An interest rate tells you how high the cost of borrowing is, or high the prices are for saving. So, if you are a borrower, the interest rate is the quantum you're charged for adopting plutocrat, shown as a chance of the total quantum of the loan.
What causes an increase in the equilibrium interest rate?The demand for loanable finances increases while the force of loanable finances remains constant. This would beget both the equilibrium volume of loanable finances and the equilibrium interest rate to increase.
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Which mesopotamian people were known for their seafaring skills and extensive trade?.
The Phoenicians, a Mesopotamian people, were known for their seafaring abilities and extensive trade.
Phoenicia was an ancient thalassocratic culture that originated in the Levant region of the eastern Mediterranean, primarily in modern Lebanon. The realm of the Phoenician city-states expanded and shrank during their history, and they had various enclaves such as Arwad and Tell Sukas (modern Syria). The main region in which the Phoenician culture originated and prospered extended from Tripoli and Byblos in northern Lebanon to Mount Carmel in contemporary Israel. At their peak, the Phoenician territories in the Eastern Mediterranean stretched from the mouth of the Orontes River to Ashkelon. Beyond its heartland, the Phoenician culture spanned the Mediterranean from Cyprus to the Iberian Peninsula.
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what factors determine your decision to go and physically see a movie in a theater, rather than waiting for it to appear on cable or streaming services (netflix, on-demand, etc.)?
Full intended experience, social space of the theater, bigger screen, quality time with peers, and disruption-less environment are some of the factors which influence my decision to go to the theater.
In the world of OTT and streaming services, the way people watch movies has changed. These provide whole things at our fingertips, however, still, most the people choose theater when it comes to watching a new movie of their favorite which gives us the idea that cinema still holds its importance in the real world. Some of the crucial factors are there which can't be replaced by cable or streaming services.
Big screen and surround sound are still the souls of cinema that the audience enjoys.Physically going out to movies can enhance our bonds with peers and socialization.There are some die-hard fans who always wanted to give attendance on their first day of a movie for their favorite actor.To learn more about Streaming services, follow the below link:
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when posting column totals in the purchases journal, a credit should be posted to a.merchandise inventory b.sales returns and allowances c.accounts payable d.cash
Option c. accounts payable should receive credit when column totals in the purchases diary are posted.
When a company buys goods on credit that must be paid back quickly, the phrase "accounts payable" is employed. It is handled as a liability and falls under the heading of "current liabilities." Accounts payable is a short-term debt payment that must be made in order to maintain good standing.
Accounts payable refers to the obligation on the balance sheet that represents the money owed by a company to its suppliers (AP). Liabilities for notes payable, on the other hand, are obligations established by formal legal instrument documents.
A purchase journal is a major entry journal used to track credit transactions (credit purchases) made for resale. When putting transactions into a purchase diary, the purchase invoice is the main source of information.
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according to the text, you are not ready to decide whether a business idea is viable until you have talked to at least 50 potential customers.
A. true
B. false
According to the text, you are not ready to decide whether a business idea is viable until you have talked to at least 50 potential customers.
This statement is True.
Potential customers of a company are commonly referred to as prospects. People who may be interested in a company's services or products but have not yet purchased them.
A potential customer is therefore a potential purchaser of an organization's products or services. By understanding which prospects are most likely to buy from your business, you can target your communications accordingly and identify their marital status.
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