The break-even point is the sales level at which the total sales revenue is the same as the total costs.
What is break-even point?
The break-even point for any company is the point at which its total sales revenue is the same as its total costs( i.e. total variable costs plus overheads).
At the break-even point. the firm in question makes neither gain nor loss, in that it is only able to recover all of its costs, which is an indication that the business would soon be able to make profits because it has been able to move the point of losses to the point zero profit.
It is incorrect to calculate break-even point as costs of goods being equal other expenses, the revenue has not been considered.
Also, when total sales is the same fixed costs, only fixed costs have been recovered, the variable costs are still outstanding, the same applies to the situation where the total sales is the same as the variable costs, the fixed costs have also not been recovered.
Overall, at breakeven point, total sales equate total costs, all costs, hence, the option(a) is correct.
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An outside business associate generously offers you a gift. What is the policy in regards to accepting an item from an outside business associate
Option B. You may accept the gift if the Outside Business Associate assures you that there is no intent to induce a referral or other business.'
Who is a business associate?This is the term that is used to refer to a person that is known to perform activities on behalf of another entity.
The entity that they do these activities for are usually covered and they may also hand disclosure of information for the person.
Complete questionAn outside business associate generously offers you a gift. What is the policy in regards to accepting an item from an outside business associate?
A An item cannot be accepted from an outside business associate. If offered, given, requested, or accepted in exchange for or to induce referrals or other business that may be reimbursed by a Federal health care program.
B You may accept the gift if the Outside Business Associate assures you that there is no intent to induce a referral or other business.
C You may always accept a gift from an Outside Business Associate regardless of the situation.
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g Suppose the Federal Reserve begins to increase the supply of money at an increasing rate. What impact would that have on GDP, unemployment, and inflation
Expansionary monetary policy shifts AD to the right.
What is Expansionary monetary policy?Expansionary policy, often known as loose monetary policy, expands the availability of money and credit in order to stimulate economic growth. During difficult economic circumstances, a central bank may use expansionary monetary policy to reduce unemployment and stimulate growth.Impacts on GDP, unemployment, and inflation by the increase of supply of money:The Federal Reserve begins to grow the money supply at an increasing rate. The impact on GDP, unemployment, and inflation would be significant. AD is shifted to the right by expansionary monetary policy.Therefore, expansionary monetary policy shifts AD to the right.
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Exploring the cost of transporting goods is part of which step in the screening process for potential markets and sites?
B) Step 2: Assess the national business environment is part of which step in the screening process for potential markets and sites.
The national environment of a business consists of economic, demographic, natural, cultural and political forces. The external environment of a company is often divided into an economic environment, a political and governmental environment, a sociocultural environment, and an international environment.
A state-owned enterprise is a company that operates within the borders of a particular country. Like local companies, state-owned companies understand the culture of the country and develop products and services to satisfy the market. For example, Donut Time is a donut shop that operates throughout Australia.
The question is incomplete. Please read below to find the missing content.
Exploring the cost of transporting goods is part of which step in the screening process for potential markets and sites?
A) Step 1: Identify basic appeal
B) Step 2: Assess the national business environment
C) Step 3: Measure market or site potential
D) Step 4: Select the market or site
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Which of the following would DECREASE the NPV of a project being considered, other things held constant
(E) A shift from straight-line to MACRS depreciation would increase the NPV of a project.
What is MACRS depreciation?The MACRS depreciation method provides for greater accelerated depreciation over the asset's life. This means that the company can take bigger tax deductions in the early years of the asset's life and less in later years.NVP of a project:
The difference between the value of cash today and the worth of cash at a future date is referred to as net present value (NPV). In project management, NPV is used to estimate if the future financial returns of a project will outweigh the current investment, indicating that the project is worthwhile. A switch from straight-line to MACRS depreciation would boost a project's NPV.As it is given in the description itself, a switch from straight-line to MACRS depreciation would boost a project's NPV.
Therefore, (E) a shift from straight-line to MACRS depreciation would increase the NPV of a project.
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The question you are looking for is given here:
Other things held constant, which of the following would increase the NPV of a project being considered?
a. Making the initial investment in the first year rather than spreading it over the first three years.
b. The project would decrease sales of another product line.
c. An increase in required net operating working capital.
d. An increase in the discount rate associated with the project.
e. A shift from straight-line to MACRS depreciation.
Who is responsible for ensuring the policies and procedures are implemented across the organization and acts as a liaison between the MIS department and the business
Responsible for ensuring the policies and procedures are implemented across the organization and acting as a liaison between the MIS department and the business?
The correct answer is Data Steward
Why is MIS becoming so important to businesses?
The main purpose of the MIS reporting system is to provide management with important business information for complex decision-making. Reliable information about business data related to current market development is essential for governments to be able to make swift and well-founded decisions.
The first relationship between business processes and information systems is to achieve business goals. For example, organizations use information systems to improve operational and process efficiency by improving the flow of information.
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Who works in the background to make sure a company’s it infrastructure is always working, and is constantly fighting to prevent it disasters from happening?
SysAdmin works in the background to make sure a company’s infrastructure is always working and is constantly fighting to prevent disasters from happening
Infrastructure is defined as the underlying physical system of a firm, region or country and often involves the production or production processes of public goods. Examples of infrastructure include transportation systems, communication networks, sewage, water, and school systems.
Businesses need a reliable infrastructure to connect their supply chains and efficiently move goods and services across borders. This infrastructure connects metropolitan households with better-quality employment, health care, and educational opportunities. Clean energy and public transportation can reduce greenhouse gases.
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The economic principle of ______ says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.
The economic principle of substitution says that when there are two houses in the same neighborhood with the same size, appeal, and utility, the lower-priced one will tend to sell first.
The economic principle of substitutionAccording to the principle of substitution, the cost of purchasing a substitute that is just as desired tends to establish the upper limit of value, assuming no inopportune delays. A shrewd investor would not spend more on an asset that generates income than it would cost to construct or buy an asset of a similar nature.According to this theory, the cost of acquiring a comparable substitute property with the same use, design, and revenue determine the maximum value of a property in most cases. For instance, why would somebody pay $1,000,000 for a home when they could pay $750,000 for a different but as appealing home in the same neighborhood?To learn more about the economic principle of substitution refer to:
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Integrated marketing communications (IMC): Group of answer choices is typically overseen by a marketing communications director is accurately described by all of the above is a careful coordination of all promotional activities produces a consistent and unified advertising message produces a customer-focused advertising message
Integrated marketing communications (IMC): "Refers to the coordination of all promotional activities to produce a unified, customer-focused promotional message."
What is Integrated marketing communications (IMC)?IMC is described as "a planning process meant to ensure that all brand contacts for a product, service, or organisation received by a consumer or prospect are relevant to that person and consistent across time" by the American Marketing Association.
The importance of IMC are-
To effectively deliver a single message to both potential and current end users, integrated marketing communication helps integrate all key marketing components. At a low cost, integrated marketing communication can significantly increase consumer brand recognition.Any marketing initiative that employs many channels is considered integrated marketing. For instance, you might see a commercial for a popular new doughnut flavour, then drive by the donut store and see posters of the donut.To know more about integrated marketing communications (IMC), here
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Martin is the financial director of a small business. He recently read a memo from one department presenting a new idea for a product. During the discussion on the item afterward, Martin kept focusing on the cost of producing and marketing that product. The barrier facing Martin in this scenario is
Martin is the financial director of a small business. He recently read a memo from one department presenting a new idea for a product. During the discussion on the item afterward, Martin kept focusing on the cost of producing and marketing that product. The barrier facing Martin in this scenario is Filtering. Option A.
This is further explained below.
What is Filtering?Generally, One way to reduce the number of potential investment possibilities inside a particular universe is to employ a filter.
In conclusion, A tiny firm has hired Martin as its finance director. Recently, he received a message from a division of the company informing him of a new product proposal. In the debate that followed, Martin kept bringing up the subject of how much it would cost to produce and promote that particular item. Filtering is the obstacle that Martin faces in this situation.
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CQ
Martin is the financial director of a small business. He recently read a memo from one department presenting a new idea for a product. During the discussion on the item afterward, Martin kept focusing on the cost of producing and marketing that product. The barrier facing Martin in this scenario is
filtering.
selective perception.
emotional disconnects.
semantics.
When applying for credit, what information should borrowers research?
The information borrowers should research on when applying for credit are:
FeesInterest RatesIntroductory RatesWhat is credit?A credit is an arrangement, in which an individual or financial institution allows a borrower part with goods or money with a promise to pay later. It is a commitment to pay for something in the future, instead of buying it right away.
Credit is amount of a money which a financial institution allows a person to receive any particular amount of money ,goods or services to use now and pay later.
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For a contract to be ________ it must meet the requirement of _______, and both the subject matter and the performance of the contract must be legal. (Choose two correct answers)
enforceable, legality
For a contract to be enforceable it must meet the requirement of legality and both the subject matter and the performance of the contract must be legal
An agreement to be a contract must establish a duty that is enforceable by law by the provisions of contract laws. Any arrangement that does not provide for enforceability—that is, one in which the parties cannot seek redress in court for breach of the agreement s not a contract. To create legality in a relationship, the contract must have intent. It happens when the parties are aware that each of them is responsible for the contract's failure if they fail to keep their part of the contract.
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Using the scrum method overcomes the issues of the traditional SDLC and guarantees that a project will produce a high-quality product.
The term scrum is borrowed from rugby, wherein it is a formation of gamers.
Scrum is a framework for undertaking management that emphasizes teamwork, duty, and iterative progress toward a properly-described goal. The framework starts with an easy premise: start with what can be visible or acknowledged. After that, tune the development and tweak, as necessary.
The term scrum turned into selected by the paper's authors because it emphasizes teamwork.
The scrum method is based on a hard and fast of very defined practices and roles that need to be worried for the duration of the software development method. it's miles a flexible methodology that rewards the software of the concepts in a context agreed upon by means of all of the crew members of the product. There may be ample proof that adherence to bendy practices and values improves the power of software program specialists, teams, and corporations, but the evidence is diverse and hard to find inside the traditional SDLC.
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Compared to the perfectly competitive firm, the monopolist faces a demand curve that is ___________________ elastic because there are ______________ substitutes for the product produced by the monopolist.
fewer; less
Compared to the perfectly competitive firm, the monopolist faces a demand curve that is less elastic because there are fewer substitutes for the product produced by the monopolist.
What is the demand curve faced by a perfectly competitive firm and a monopolistic?A firm's demand curve is perfectly elastic under perfect competition because it can sell any quantity of commodities at the going rate. Therefore, even a slight price rise will result in no demand. This suggests that the company has no influence over price. Large businesses, on the other hand, that are subject to monopolistic competition, deal with differentiated products based on brand. As a result, the demand curve has a decreasing slope and enjoys monopoly power. Only by lowering the price of the product and selling close substitutes will it be able to sell more goods. As a result, under perfect competition, the demand curve facing a firm is perfectly elastic, while under monopolistic competition, it is less elastic.
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A heading that gives a recipient some context and may point toward any conclusions or recommendations that the writer has to offer is referred to as:_____.
It is referred to as informative heading.
Informative heads are often lengthier in size but give high-level information at a glance. This is especially significant for decision-makers who are under time constraints. The space between headings and subheadings is valuable. Nonetheless, they are a very underutilized tool in corporate writing.
They are simple to grasp, breaking down a document into logical and intelligible sections and informing the reader of what comes next. They are detailed, allowing the reader to explore and visualize the section concepts while reading. Informative headlines are usually a good idea, especially when you can't think of anything "catchy."
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As an important step in the human resource selection process, what will expedite the process of conducting background investigations and promises to get suitable results?
As an important step in the human resource selection process, Hiring services such as LexisNexis conduct criminal checks and driving records. Option A. This is further explained below.
What is human resource?Generally, The department of an organization known as human resources (HR) is the one that is in charge of all matters pertaining to the employees. This encompasses the process of recruiting, screening, choosing, interviewing, hiring, onboarding, training, promoting, paying, and terminating workers as well as independent contractors.
In conclusion, Hiring services like LexisNexis do criminal checks and look at driving records as part of the selection process for human resources. This is an essential phase in the process.
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CQ
As an important step in the human resource selection process, which of the following will expedite the process of conducting background investigations and promises to get suitable results?
.
a. Hiring services such as LexisNexis to conduct criminal checks and driving records.
b. Dedicating one human resource expert to making personal calls and doing all the background checks.
c. Minimalizing the types of questions the company asks at this juncture.
d. If there is a need to skip one of the selection process steps, most companies have found that this one can be eliminated.
Floating rate bonds are Group of answer choices a sequence of small bond issues of progressively longer maturity. bonds with fixed interest payments. bonds with interest rates that change with current interest rates. short-term debt obligations that the U. S. government sells to financially stable companies to raise money.
Floating Rate Bonds are bonds with interest rates that change with current interest rates.
What are Floating Rate Bonds?
Bonds with a floating interest rate, as opposed to traditional bonds, pay an interest rate that is variable and resets on a regular basis. The federal funds rate or the London Interbank Offered Rate (LIBOR) plus an additional "spread" are typically the bases for the rates. LIBOR is a benchmark rate that banks use for making short-term loans to other banks, much like the federal funds rate.For example, if a rate is stated as "LIBOR + 0.50 percent," the rate would be 1.50 percent if LIBOR were at 1.00 percent. The yield varies over the security's lifetime as current interest rates vary, but the spread (+0.50) often doesn't.Floating rate bonds offer potential benefits to investors by providing variable interest, which is set by a coupon rate that fluctuates in line with the market interest rate.
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Which of these goods may be considered rivalrous in consumption and nonexcludable?
a) wilderness areas
b) national defense
c) broadcast television reception
d) fire insurance
Answer:
A
Explanation:
step by step explanation
Assume an economy is operating on its production possibility frontier, which shows the production of military and civilian goods. If the output of military goods is increased, the output of civilian goods:
If the output of military goods is increased, the output of civilian goods: must decrease
This is Production Possibilities Frontier
What is Production Possibilities Frontier ?The Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology.
The shape of the PPF depends on whether there are increasing, decreasing, or constant costs.Points that lie on the PPF illustrate combinations of output that are productively efficient. We cannot determine which points are allocatively efficient without knowing preferences.Learn more about Production Possibilities Frontier (PPF) here:
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Dr. rahman has made a career out of studying mercy killing and new surgical options to extend life. she is most likely interested in?
Dr. rahman has made a career out of studying mercy killing and new surgical options to extend life. she is most likely interested in bioethics.
What is Mercy killing?
This is the type of killing that is intended to help a person to ease out of their suffering and their pains by facilitating their death through the use of a lethal injection or by other means. This could be due to the fact that a person is suffering from an incurable disease and has made a request for this.
Bio ethics is everything that has to do with this type of killing. It has to do with the legal and the social issues that may arise in the medical and the biological field.
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David retires at the age of 70, the last year he worked he earned $40,000 and his social security payments for the first ear total $20,000. What is his replacement rate
If David retires at the age of 70, the last year he worked he earned $40,000. His replacement rate is: 50%.
Replacement rateWe would be using this formula to determine the replacement rate
Replacement rate=Social security payments/Amount earned last year ×100
Where:
Social security payments=$20,000
Amount earned last year=$40,000
Let plug in the formula
Replacement rate=$20,000/$40,000
Replacement rate=0.5×100
Replacement rate=50%
Therefore If David retires at the age of 70, the last year he worked he earned $40,000. His replacement rate is: 50%.
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What would happen to the equilibrium price and quantity of lattés if coffee shops began using a machine that reduced the amount of labor necessary to produce them?
If the coffee shops began using a machine that reduced the amount of labor necessary to produce them then the equilibrium price of the lattes would decrease, and the equilibrium quantity of lattes would increase.
Production of lattes requires a quite amount of labor but, when coffee machines are used for the production of lattes, it will increase the production of lattes. Therefore when machines are used the production of lattes increases which inturn will lead to an increase in the supply of the lattes. By this the cost of producing lattes will decrease because of lower use of labor, the supply of latte production will also increase. By this, the supply curve for latte production will be shifted towards right which will lead to a decrease in the price of lattes and an increase in the quantity of lattes.
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In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records.
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records.
The statement is true.
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per the company's records because the excess amount would be reduced from the bank balance in the company's records, So the company books are not correct. To make them correct the excess amount should be added back to the balance as per the company's records.
For example, if the check amount was 500 but the company recorded it as $550. Then means that the company records show $50 less compared to the bank statement. Therefore, that $50 is added back and then it comes equal to the bank statement balance.
When a note is written to settle open account an entry that converts the accounts receivable account to a note receivable account is required. This entry is required because when the note is written to settle accounts the company has to receive notes in the future and the amount of the account.
Your question is incomplete. Please read below to find the missing content.
In preparing a bank reconciliation, the amount of an error indicating the recording of a check in the journal for an amount larger than the amount of the check is added to the balance per company's records.
TRUE
FALSE
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What world-famous open-air market is known for colorful textiles? tianguis cultural del chopo el rastro otavalo
Otavalo is world-famous open-air market is known for colorful textiles.
Otavalo is a town in the north-central Ecuador in the highlands of the Andes Mountains at an elevation of 8,441 feet . The area was densely settled by the Otavalo Indians before to its conquest by the Incas and also became a Spanish-controlled settlement in the 16th century.
Otavalo was largely destroyed in the 1868 earthquake but the town has since been rebuilt. The surrounding land which was owned in small parcels by the Otavalo Indians. It produces cereals, potatoes, fruit, and livestock.
The weekly Indian markets as well as the animal markets are famous tourist attractions. The Indian trade market is known mainly for its cotton and woolen textiles as well as leather goods, and native jewelry.
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_______ uses skills in mathematics, computer science, and trend analysis to explore multiple, disparate data sources to discover hidden insights that will provide a competitive advantage.
Data scientist.
Data security is protecting digital data from destructive forces, unauthorized users, and unwanted actions such as cyber-attack or data breaches.
A company's CISO is the leader and face of data security in an organization. The person in this role is responsible for creating the policies and strategies to secure data from threats and vulnerabilities and devising the response plan if the worst happens.
Data security is the process of safeguarding digital information throughout its entire life cycle to protect it from corruption, theft, or unauthorized access. It covers everything—hardware, software, storage devices, and user devices; access and administrative controls; and organizations' policies and procedures.
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If the fed sells $5 billion of u. S. Bonds in the open market and the reserve requirement is 5 percent, m1 will eventually:.
If the fed sells $5 billion of u. S. Bonds in the open market and the reserve requirement is 5 percent, m1 will eventually decrease by $100 billion.
What is the effect of the sale of bonds on M1?
M1 is comprised of the most liquid money supply e.g. currency, demand deposits. When the Fed sells bonds they are conducting a contractionary monetary policy. The aim of this policy is to reduce the supply of money in the economy.
Reduction in the value of money = value of bonds sold / reserve requirement
$5 billion /0.05 = $100 billion.
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The Tires division of Car Company makes tires for use in its Assembly division. The Tires division incurs variable costs of $267 per set of tires and has the capacity to make 1,170,000 sets of tires per year. The market price for tires is $485 per set. The Tires division incurs total fixed costs of $6,170,000 per year. If the Tires division is operating at full capacity, what transfer price should be used on the transfers between the Tires and Assembly divisions
If the Tires division is operating at full capacity, the transfer price that should be used on the transfers between the Tires and Assembly divisions is $485 per set.
What is the acceptable transfer price for this case?The acceptable transfer price for this case is $485 which represents the variable cost plus opportunity cost.
The above conclusion is based on the transfer price fundamental principle that it should be equal to the price charged to outside customers or purchased from outside vendors.
Thus, the transfer price should be $485 per set.
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Which of the following institutions makes up the largest part of the Federal Reserve System organization
The Correct answer choice for question 1 is : Federal Reserve Banks
What is Federal Reserve Banks?
While the Board of Governors is a sovereign government agency, the Federal Reserve Banks are set up like private companies. Member banks hold stock in the Federal Reserve Banks and earn profits. The Federal Reserve's interest is determined principally from the interest on U.S. government securities that it has received through open market operations.
AND
The Correct answer choice for question 2 is : Buy government securities
What is Recession?A recession is a business cycle recession which occurs in a general slowdown in financial activity. Macroeconomic indicators such as GDP, finance spending, capacity utilization, household income, business profits, and inflation fall, while failures and the unemployment rate rise.
Therefore, we can conclude that the correct option of 1 is (B) and 2 is (A).
Your question is incomplete, but most probably your full question was:
1. Which of the following institutions makes up the largest part of the Federal Reserve System organization?
A. Board of Governors
B. Federal Free Market Committee
C. Federal Reserve Banks
D. Member banks and other depository institutions
2. If the United States falls into a recession, which action would the Federal Reserve take to encourage employment?
A. Buy government securities
B. Increase reserve requirements
C. Raise federal funds and prime rates
D. Sell government securities
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Answer:
member banks and other depository institutions
Explanation:
just took the test
The amount by which actual or expected sales exceeds break-even sales is referred to as.
The amount by which actual or expected sales exceed break-even sales is referred to as more accurate product costing.
A break-even analysis is what, exactly?Break-even analysis involves figuring out and looking at an entity's margin of safety based on the revenues received and related costs. The study, in other words, demonstrates how many sales are necessary to cover operating expenses.
The break-even analysis establishes the number of sales required to cover all fixed costs for the organization by analyzing various pricing levels in relation to various levels of demand. A demand-side study would provide a seller with important information about their selling capacities.
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What is the average of gross income for domestic movies (in mln)?
i. 180
ii. 181. 03
iii. 48. 355
iv. 36. 55
The average gross income for domestic movies (in mln) is 180
A film industry-specific term used by box office reporters such as Variety and Box Office Mojo. For movies released in North America, box office revenue is usually divided into domestic, including the United States and Canada, and international, including all other countries.
Today, weekly box office revenues are usually considered Friday-Thursday, reflecting the fact that most movies are officially released on Friday in the United States. Variety was published every Wednesday for many years, so most of the weekly box office revenue they reported in the 1920s-1990s was from Thursday-Wednesday.
Most of the Weekly Loss is weekend cashiers. Historically, this has been reported as box office revenue from Friday to Sunday, and holidays close to weekends. Day numbers from Friday to Sunday are also now used.
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The two most basic inventory questions answered by the typical inventory model are.
The two most basic inventory questions answered by the typical inventory model are: timing of orders and order quantity. A time of order is a type of trade that allows an investor to request a specific time of day to have an order filled. These kinds of orders can be executed for either buy or sell requests for stocks or other financial instruments.
What is order quantity?Economic Order Quantity, also known as Economic Purchase Quantity, is the order quantity that minimizes the total holding costs and ordering costs in inventory management. It is one of the oldest classical production scheduling models.
Therefore, the correct answer is as given above
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The complete question goes thus:
The two most basic inventory questions answered by the typical inventory model are:
A) timing of orders and cost of orders.
B) order quantity and cost of orders.
C) timing of orders and order quantity.
D) order quantity and service level.
E) ordering cost and carrying cost.