Answer:
Part 1
$1,868,571
Part 2
72,713 units
Part 3
$ 2,065,263
Explanation:
Break even point is the point where a firm makes neither a profit nor a loss.
Break even point (sales dollars) = Fixed Costs ÷ Contribution Margin Ratio
Where,
Contribution Margin Ratio = Contribution ÷ Sales
= (Sales - Variable Costs) ÷ Sales
= ($46.00 - $20.00 - $6.68) ÷ $46.00
= 0.42
Therefore,
Break even point (sales dollars) = ($556,000 + $228,800) ÷ 0.42
= $ 1,868,571.429
= $1,868,571
Units to achieve a target profit = Fixed Costs + Target Profit ÷ Contribution per unit
Where,
Contribution per unit = Sales per unit - Variable Costs per unit
= $46.00 - $20.00 - $6.68
= $19.32
Therefore,
Units to achieve a target profit = ($556,000 + $228,800 + $620,000) ÷ $19.32
= 72,712.21532
= 72,713
After 10% increase in variable manufacturing costs.
Variable manufacturing costs = ($20.00 × 1,10)
= $22
Contribution Margin Ratio will be = (Sales - Variable Costs) ÷ Sales
= ($46.00 - $22 - $6.68) ÷ $46.00
= 0.37652
= 0.38
Break even point (sales dollars) = ($556,000 + $228,800) ÷ 0.38
= $ 2,065,263.15
= $ 2,065,263
Select the correct answer.
What is a similarity between a term life insurance policy and a whole life insurance policy?
A.
Both provide coverage for the policyholder’s medical and outpatient surgery costs.
B.
Both can be held by the policyholder for a minimum of 5 years and a maximum of 25 years.
C.
Both include a cash value component that the policyholder can receive at the end of the policy’s term.
D.
Both provide financial compensation to the beneficiaries upon the policyholder’s death.
Answer:
D that's the correct trust me
Answer:
D. Both provide financial compensation to the beneficiaries upon the policyholder’s death.
Explanation: PLATO
Requirement of documents to open an Asian restaurant in downtown
TORONTO?
please answer it as soon as possible
Opening a restaurant in Toronto requires some legal obligations, and one needs to have certain documents to get started.
Below are the documents you would require to open an Asian restaurant in downtown Toronto: Business registration documents: You must register your business before you start operation in Toronto. You can get more information and register your business through the Service Ontario website. Food service operator certificate: All foodservice operations in Toronto must have a valid food service operator certificate (FSO).
This is issued by the Toronto Public Health department to certify that the restaurant meets the safety and health requirements. Certificate of Insurance: All restaurants must have insurance to protect against potential liabilities associated with restaurant operations. This certificate must be issued by a reputable insurance company. Building permit: You will require a building permit if you plan to make any changes to the physical structure of your restaurant.
This permit ensures that the building complies with the applicable building codes in Toronto.Zoning and Occupancy Permits: You must have a zoning permit to confirm that your restaurant's location is allowed to operate as a food establishment. An occupancy permit is also required to confirm that the building has enough space to accommodate all the customers you plan to have.
Certificate of Fire Inspection: Fire safety inspection must be carried out before your restaurant is approved for operation. This certificate shows that your restaurant is safe and free from fire hazards.
To know more about legal obligations refer here:
https://brainly.com/question/988013#
#SPJ11
Which of these is true about the policy a bank adopts toward its investing of depositor's money?
a.
It is an expression of its philosophy of social responsibility.
b.
It is important only to the community.
c.
It has no ethical implications.
d.
It would represent its personal state of moral development.
e.
All of these.
The answer to this question depends on the individual bank and their specific policies. However, it is generally expected that banks will invest the money in a way that is socially responsible and sustainable, taking into account environmental, social, and governance (ESG) factors.
A bank's investment policy for its depositor's money reflects the ethical standards and moral development of the institution. Banks have a responsibility to invest depositors' money in a manner that is not only profitable but also adheres to ethical principles, such as social responsibility and environmental sustainability. This means that a bank should consider the impact of its investments on society and the environment while striving to generate returns for its customers. In doing so, the bank demonstrates its commitment to ethical practices and responsible financial management.
When a bank adopts an ethical approach to investing, it carefully selects the companies and projects it invests in, ensuring that they align with the bank's values and principles. This may involve avoiding investments in controversial industries, such as tobacco or weapons manufacturing, and instead focusing on businesses that promote positive change, such as renewable energy or social initiatives.
By adhering to an ethical investment policy, a bank can build trust with its customers, who can be confident that their money is being invested responsibly. This also contributes to the bank's reputation as an institution that values ethical practices and upholds the highest standards of moral development.
In summary, a bank's policy towards investing depositor's money is a representation of its ethical stance and moral development. By considering the social and environmental impacts of its investments, the bank demonstrates its commitment to responsible financial management and earns the trust of its customers.
Learn more about bank's policies here: brainly.com/question/30158761
#SPJ11
3) based on the life cycle of financial planning, when would be a good time to review andpossibly adjust an effective financial plan?a) a really effective financial plan doesn't need to be adjusted.b) when you get marriedc) when you have childrend) when the stock market goes upe) both b and c are correct answers.
Based on the life cycle of financial planning, when would be a good time to review and possibly adjust an effective financial plan is both B and C are correct answers The correct answer is E) both B and C are correct answers.
However, it is not advisable to never review and adjust an effective financial plan. As a result, it is best to review your financial plan on a regular basis to ensure that it is still relevant and effective. Here are some examples of significant life events that might necessitate a financial plan review: When you get married: When you get married, your financial obligations and goals may change.
You may have to combine your assets, modify your spending habits, and alter your savings targets to accommodate your spouse's income, debt, and financial goals. When you have children: When you have children, your financial obligations and goals change once again. You'll need to budget for education, healthcare, and childcare expenditures, as well as provide for your children's immediate and long-term needs.
When you retire: Retirement is a significant financial event that necessitates a thorough review of your retirement savings, Social Security benefits, and retirement income stream. You'll want to ensure that your retirement plan is well-structured and that you'll be able to support yourself throughout your golden years. Hence, E is the correct option.
You can learn more about life cycle at: brainly.com/question/14804328
#SPJ11
Two profit-maximizing firms - Firm A and Firm B, have identical marginal cost curves and face identical demand. However, Firm A has a higher fixed cost than Firm B. What will be true about the output produced by the two firms?
Answer:
An apple, potato, and onion all taste the same if you eat them with your nose plugged
Explanation:
Debbi Fields' success as an entrepreneur can be attributed to her prior business training and
experience.
False
True
Answer: False
Explanation:
I am working on a new app what should i do should i call it, its a app to make new friends and not be lonely
Answer:
oh i will be your friend
Explanation:
we can calculate the issue price of a bond as the face amount plus the total periodic interest payments.
true
false
True - We can calculate the issue price of a bond as the face amount plus the total periodic interest payments.
The periodic desk, also known as the periodic desk of the (chemical) factors, is a rows and columns association of the chemical elements. it's miles broadly used in chemistry, physics, and other sciences, and is typically seen as an icon of chemistry. it's miles a photo method of the periodic regulation, which states that the homes of the chemical elements show off an approximate periodic dependence on their atomic numbers. The desk is split into four kind of rectangular regions known as blocks. The rows of the desk are called intervals, and the columns are known as corporations. elements from the equal group of the periodic table show comparable chemical traits.
LEarn more about periodic
https://brainly.com/question/15987580
#SPJ4
ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
To know more about private property rights here,
https://brainly.com/question/23031296
#SPJ1
During a period of inflation, firms using LIFO will have the: A. lowest cost of goods sold, the highest net income, and the lowest inventory value. B. highest cost of goods sold, the lowest net income, and the highest inventory value. C. lowest cost of goods sold, the highest net income, and the highest inventory value. D. highest cost of goods sold, the lowest net income, and the lowest inventory value.
Answer:
The answer is D.
Explanation:
For LIFO(Last in First out), its inventory value(that is, ending inventory) has lowest value because the ending value reflects the cost of earlier purchased inventory.
The cost of sales has the highest value because of the lowest value of the ending inventory.
And lastly, its net income will be at his lowest because of the highest cost of sales.
If you have $600 and you find an investment that annually yields 3%, how much interest would you earn in 15 years?
Answer:
$270.00 in 15 years
Explanation:
3% of $600 = $18.00 annually
$18.00 x 15 years = $270.00 interest earned
What is the argument in this formula? =AVERAGE(B11:H14) AVERAGE H11 B11:H14 B11
Answer:
The Answer is D. B11:H14
Explanation:
A got a good grade
A business analyzes what competitors are charging for products.
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
Learn more about business competitors here:
https://brainly.com/question/13948372
#SPJ1
There will be a higher equilibrium price and quantity if _____.
a. demand increases and supply stays the same
b. supply increases and demand decreases
c. supply increases and demand stays the same
d. supply increases and demand increases
TIMEDDDD HURRY PLEASEE
Answer:
I think the answer would be D
Explanation:
________enanles the keyboarder to construct a table .
a. Line space regulator.
b. Insert table function.
c. Shift lock.
d. Space bar.
b. Insert table function enanles the keyboarder to construct a table .
What is the tool?The "Insert table function" is a tool in computer programs for writing that lets you make tables in a document.
This is usually how it goes: To start writing a document, use a computer program like Microsoft Word or Docs. Put the little arrow thing where you want the table to go. This tool is often found in programs like Microsoft Word or Docs. It lets people make tables by saying how many rows and columns they need.
Read more about keyboarder here:
https://brainly.com/question/26632484
#SPJ1
Stocks are generally considered a higher risk because:
a) Their value varies over time
b) They are not covered by FDIC
c) Rate of returns are not guaranteed
d) All the above
If someone gets their health insurance through Medicaid, that means what
Answer:
that means they are poor (or have low income since medicare is for families who cant afford doctors)
hope this helps!
please follow if you can<3
1. A company has $6582 to give out in bonuses. An amount is to be given out equally to each of the 32 employees. (a) a manager, jake, reasoned that since 32 goes into 64 twice, each employee will get about $2000. Is his estimate correct? why or why not? (b) how much will each employee receive, rounded to the nearest whole dollar? leave the remainder undivided. Show your work.
His estimate is incorrect, since he has increased a figure to the amount that each employee would receive. Rounded to the nearest dollar, each employee would receive $ 209.
Employee is a term for employees and managers who work for a company, organization or community. These people are employees of the organization. Generally speaking, anyone who is hired by an employer to perform a particular job in exchange for remuneration is an employee, but there are different types of employees.
In some countries, employers are required by law to do certain things, such as following minimum wage laws, providing a safe workplace, and sometimes paying taxes. Employers must also provide their permanent employees with benefits, such as health insurance payments. For this reason, some employers prefer to hire independent contractors to do the work instead of regular employees.
To know more about Employee here-
https://brainly.com/question/13405418
#SPJ4
The body eliminates 90% of the alcohol a person consumes through the.
In this graph, SRPC1 is the short-run Phillips curve for this economy when the expected inflation rate equals 0%. Using the graph, the short-run Phillips curve (SRPC) equals SRPC2 when the expected inflation rate equals _____%
5%In the given graph, the short-run Phillips curve (SRPC1) is represented by the line which begins at the point (5%, 4%).
This curve represents the relationship between inflation and unemployment in the short run when the expected inflation rate equals 0%.When the expected inflation rate is 5%, the short-run Phillips curve shifts upward to SRPC2. The point at which SRPC2 intersects the vertical axis (inflation rate axis) is approximately 6%. Therefore, the expected inflation rate equals 5%.
In economics terminology, the Phillips curve is the name given to the graph showing the relationship: inflation and unemployment.
The Y-axis holds and displays the inflation rate.The x-axis shows the unemployment rate.Learn more about Phillips curve: brainly.com/question/28005556
#SPJ11
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
#SPJ1
The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco
Answer:
Monthly
Explanation:
prepare a statement of retained earnings in proper form for white corporation for the year ended December 31 2012 from the following
White Corporation's statement of retained earnings in correct form for the year ended December 31, 2012 will be $5,200.
A year-end statement of retained earnings is what?A crucial financial statement that details the amount of earnings a firm has accumulated and held from its founding is the statement of retained earnings. The figures reveal information about the financial health of a firm and the owner's perspective on expanding and reinvesting in their enterprise.
What does the initial retained earnings statement look like?The balance of retained earnings from the previous year that you are carrying over should be the first item on the statement of retained earnings. This sum is based on the balance sheet from the previous year.
To learn more about retained earning here:
https://brainly.com/question/14529006
#SPJ4
What is not a criterion when evaluating financial service providers?
A. financial service provider's history
B. benefits or lack thereof
C. past and current employees
D. emerging technologies
That which is not a criterion when evaluating financial service providers is this: C. past and current employees.
What are the criteria for evaluating financial service providers?To successfully evaluate the qualification of a financial service provider, the customer must be able to look at their present and past history. They should consider their ability to incorporate emerging technologies into their businesses.
It is not really the business of the consumer to dig out the past and current employees of the business. He should be interested in other relevant factors like the above.
Learn more about financial service providers here:
https://brainly.com/question/1357912
#SPJ1
what's the biggest change in retail over the last few years?
The biggest change in retail over the last few years has been the significant shift towards e-commerce and online shopping.
More and more consumers are choosing to shop online rather than visiting brick-and-mortar stores, driven by the convenience and accessibility of online shopping, as well as the ability to compare prices and read product reviews.
This shift has had a significant impact on traditional retail stores, which are struggling to compete with online retailers. Many traditional retailers have had to close their doors due to declining sales, while others have had to adapt by offering online shopping options and improving their digital presence.
Another significant change in retail has been the rise of mobile technology. With the increasing popularity of smartphones and tablets, retailers are now able to reach consumers wherever they are, with targeted advertising and promotions delivered directly to their mobile devices.
Additionally, there has been a growing trend towards sustainability and ethical practices in retail. Consumers are becoming more aware of the impact of their shopping habits on the environment and on workers in the supply chain, and are seeking out retailers who prioritize sustainability and fair labor practices.
To know more about significant visit:
https://brainly.com/question/31037173
#SPJ11
A type of entry mode that is common in the chemical, pharmaceutical, and petroleum-refining industries in which a contractor agrees to handle every detail of a project for a foreign client is called ______.
The turnkey project enables the contractor tp agrees to handle every detail of a project to the foreign client.
A Turnkey project refers to a project designed and constructed in a way to allows sales to potential buyer as a completed product.\
A large numbers of government-owned public housing projects are turnkey projects
So, in turnkey project, the contractor will agrees to handle every detail of a project to the foreign client because it has been sold by the owner.
Therefore, the correct answer is Turnkey project.
Learn more about this here
brainly.com/question/12595545
Which of the following is not an example of a liability?
A. A home you own
B. An apartment you rent
C. Student Loans
D. Your phone bill
Answer:
B
Explanation:
You are renting so you are temporarily living there, unlike a home owner. They own the home meaning they are responsible for the upkeep. Renters that responsability falls upon the land lord.
The option that is not an example of a liability is an apartment that you rent.
What is a liability?
A liability can be described as something that one is responsible for.
The reason why the rented apartment is not a liability is the fact that it is rented. That is you are not in charge of the place.
The maintenance and others lies in the hands of the owner and not in your hands because you do not own the place.
The student loan and phone bill are all expenses that you are responsible for. They are liabilities.
Read more on https://brainly.com/question/15006644?referrer=searchResults
Specialty Products Company has a high turnover rate among its employees, especially those
who are young parents. Solution to this problem
The company has to first investigate the reason why young parents are leaving the company. This is the first step towards resolving the issues of high turnover.
If it is because of the inability to care for their kids while at work, then the company can solve this problem by:
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Turnover in human resources refers to the act of replacing one employee with a new employee. Termination, retirement, death, interagency transfers, and resignations are examples of separations between organizations and personnel.
Learn more about high turnover:
https://brainly.com/question/2309682
#SPJ1
What area of the ocean will have the most oxygen and nutrients?
Numerous observations have demonstrated that the areas with the highest oxygen concentrations are those at high latitudes, when the water is cold, very well-mixed, and particularly ventilated.
Where in the ocean has the greatest oxygen?
Plankton that uses photosynthesis is abundant in the ocean's surface layer. Even though they can't be seen with the human eye, they create more oxygen than even the biggest redwoods.
However, in the open ocean, nutrient concentrations are frequently maximum deep below the ocean's sunlight surface layer.
Where can I find pure oxygen?
The Southern Ocean, which encircles Antarctica, is thought to contain the cleanest air in the entire planet, devoid of pollutants brought on by human activity. Data issued by the World Health Organization, WHO, show that Finland has the finest air quality in the world.
Learn more about the troposphere
brainly.com/question/16689414
#SPJ4
This software application can be used to organize, analyze, and illustrate data.
Answer:
its Excel :)
Explanation:
I learned abt it
Answer:
person above me
Explanation: