Answer:
Seed technology is technology in which superior crop seed development, plant varieties, seed production, seed marketing, quality control, seed psychology distribution, seed certification, etc.
These parameters are the seed technology variable and function.
Explanation:
The key points of interest and helpfulness of MPV are the different items and drive customer purchasing options.
Why would they say that they're important?
GEN TRIZ is a major vehicle for guaranteeing a distance from the market view and profit from MPV. Even the highest specialized arrangements risk a limited financial value without this view. A limited emphasis on MPV guarantees that the only focus of small R&D development assets is to improve customers' issues rather than to improve everything.
The price of Benzethonium, an active ingredient in hand soap, decreases. How does this decrease in input cost affect the supply of hand soap
Answer:
d. It shifts the supply curve to the left.
Explanation:
When there is any change in the price of the good or service keeping other things constant so it would lead in the movement along with the supply curve. If there is any change in the input cost so it affect the production cost that would shift the supply and on the other hand when the cost is reduced so the shift should be in outward direction and vice versa
ou are attempting to value a call option with an exercise price of $109 and one year to expiration. The underlying stock pays no dividends, its current price is $109, and you believe it has a 50% chance of increasing to $142 and a 50% chance of decreasing to $76. The risk-free rate of interest is 12%. Calculate the call option's value using the two-state stock price model
Answer:
$14.73
Explanation:
Given that, there is a 50 - 50 chance that a call option will either increase or decrease ;
Exercise price = $109
Increase price = $142
Decrease price = $76
Using the two state stock price model :
Increase price - exercise price ; 142 - 109 = $33
Decrease price - exercise price ; 76 - 109 - $33
We calculate the mean, expected value of winning after one year,
E(X) = Σx*p(x)
Since call won't be exercised if price decrease, then - 33 = 0
x : ___ 33 _____ 0
p(x) : _ 0.5 ____ 0.5
E(X) = (33*0.5) + (0*0.5)
E(X) = 16.5
The present value, PV = Expected winning / (1 + r)
PV = 16.5 / (1 + 0.12) = 16.5 / 1.12 = 14.73
Number of Output Marginal Product Office Rent Labor Cost TotalCost
Workers boxes of Labor (dollars) (dollars)
0 0 --
1 220 400 200
2 250 800
3 680
4 160 1,200
5 940 1,000
6 980 1,600
Suzette's Fancy Packaging subcontracts with Sunshineland Pecans to box dried fruit and nuts for Suzette's mail order business. Suzette rents space for her factory for $400 a week in a nearby strip mall. She can hire temporary workers for $200 a week. Table 11-5 above shows her output and cost data. Use the table to answer questions a-e.
a. Complete the table.
b. In the last week of summer Suzette closes her business to go on a family vacation. What are her costs during that week?
c. In one week Suzette exactly breaks even. If her revenue for the week is $1,200, how many boxes of fruit and nuts did she produce?
d. Judging from the marginal product of labor data, would you say that Suzette had to settle for increasingly unproductive workers? Explain your answer.
e. Suzette has received an order for 1,500 boxes of nuts per week for the next 3 months. If she expects the trend in the marginal product of labor will continue in the same direction, what do you think she should do? Should she not commit until she can move to a larger space or should she just hire more workers? Explain your answer.
Answer:
a.
Number of Output Marginal Product Office Rent Labor Cost Total Cost
Workers boxes of Labor (dollars) (dollars) (dollars)
0 0 - -
1 220 220 400 200 600
2 470 250 400 400 800
3 680 210 400 600 1,000
4 840 160 400 800 1,200
5 940 100 400 1,000 1,400
6 980 40 400 1,200 1,600
b. The costs during the week of summer vacation are: $400
c. She produced 840 boxes.
d. Yes. Suzette settled for increasingly unproductive workers as the marginal product of labor continued to decline. The cost of paying the workers remained at a flat rate of $200 per week without the corresponding output to show for the labor cost.
e. Suzette will need to hire more workers. However, their average productivity needs to be improved greatly to limit the total labor costs.
Explanation:
a) Data and Calculations:
Number of Output Marginal Product Office Rent Labor Cost Total Cost
Workers boxes of Labor (dollars) (dollars) (dollars)
0 0 - -
1 220 220 400 200 600
2 470 250 400 400 800
3 680 210 400 600 1,000
4 840 160 400 800 1,200
5 940 100 400 1,000 1,400
6 980 40 400 1,200 1,600
A contractor team of three consultants is bidding on a project. The senior consultant charges $175.00/hour and the other two consultants charge $130.00/hour. The senior consultant estimates that she will spend 120 hours on the project, and the other consultants estimate that they will split 350 hours between them. The team adds 85% to their estimated labor costs to cover overhead and achieve their target profit margin. What is the total cost that the team bids for the project
Answer:
Total cost of project $123,025
Explanation:
The total cost of the project would be the sum of the labour cost of the three consultants and the overhead charged to the project.
So, we can compute the total cost of project as follows:
Labour cost $
Senior consultant (175× 120) = 21,000
Other consultants (130× 350) = 45,500
Total labour cost 66,500
Overhead (85%× 66,500) 56,525
Total cost of project 123,025
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Answer: Please don’t advertise here
Answer:
dont advertise
Explanation:
Journalize the below entries.
Dec. 2 Purchased merchandise inventory on credit from Troy, $4,000. Terms were 1/10 n/30.
Dec. 3 Paid monthly rent, debiting Rent Expense for $2,600.
Dec. 5 Purchased office supplies on credit terms of 1/10 n/30 from Rigby Supply, $450.
Dec. 8 Received and paid electricity utility bill, $590.
Dec. 9 Purchased equipment on account from Alright Equipment, $6,500. Payment terms were n/30.
Dec. 10 Returned the equipment to Alright Equipment. It was damaged.
Dec. 11 Paid Troy the amount owed on the purchase of December 2.
Answer:
Dec. 2.
Dr. Inventory $4,000
Cr. Troy $4,000
Dec. 3.
Dr. Rent Expense $2,600
Cr. Cash $2,600
Dec. 5.
Dr. Office Supplies $450
Cr. Rigby Supply $450
Dec. 8.
Dr. Utility Expense $590
Cr. Cash $590
Dec. 9.
Dr. Equipment $6,500
Cr. Alright Equipment $6,500
Dec. 10.
Dr. Alright Equipment $6,500
Cr. Equipment $6,500
Dec. 11.
Dr. Troy $4,000
Cr. Discount received $40
Cr. Cash $3,960
Explanation:
Dec. 11
The terms 1/10 n/30 mean there is a discount of 1% available on the payment to be made in 10 days of the purchase. The net credit period is 30 days. As the payment is made within the discount period, hence the payment will be made net of discount.
Discount on Purchase = $4,000 x 1% = $40
Payment = Total amount due - Discount = $4,000 -$40 = $3,960
this is essay .......
Explanation:
that's an essay???! holy
Answer the following questions using the information below: Cannady produces six products. Under their traditional cost system using one cost driver, SR6 costs $168.00 per unit. An analysis of the activities and their costs revealed that three cost drivers would be used under the new ABC system. The new cost of SR6 was determined to be $178.00 per unit. Given this change in the cost ________.
Answer:
Given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.
Explanation:
A cost driver can be described as the unit of an activity or any factor that makes the cost of an activity to fluctuate. An estimated cost driver is adequate and of the expected quality when quality or quantity is satisfactory or acceptable.
Therefore, given this change in the cost, the adequacy and quality of the estimated cost drivers and costs used by the system will determine the costing results for SR6 under the new system.
What personal traits are important for finance and business careers?
Answer:
You must be positive
Emotional intelligence
A growth mindset
Adaptability and resiliency
Answer:
if you want to take up a business for your future career these are your personal traits you must have when you are creating a business;
Be positiveWork FastBe KindBe OrganizedKeep your Business Surroundings Clean and tidyGet rid of Pests and insects in your Business Area and SurroundingHand everything with CareAlways Help your CustomerOn January 2, Dog Mart prepaid $19,920 rent for the year and recorded the prepayment in an asset account. Prepare the January 31 adjusting entry for rent expense. If an amount box does not require an entry, leave it blank. Jan. 31 fill in the blank 2 fill in the blank 3 fill in the blank 5 fill in the blank 6
Answer:
Debit : Rent Expense $1,660
Credit : Prepaid Rent $1,660
Explanation:
The January 31 adjusting entry for rent expense would include a Debit to Rent Expense and Credit to Prepaid Rent - Asset Account at an amount of $1,660.
Calculation :
Rent Expense = 1/12 x $19,920 = $1,660
Green is self-employed as a human resources consultant and reports on the cash basis for income tax purposes. Select the appropriate tax treatment on Form 1040 (U.S. Individual Income Tax Return) for personal life insurance premiums paid by Green.
a. Fully deductible on Form 1040 to arrive at adjusted gross income
b. Reported in Schedule A, Itemized Deductions (deductibility subject to threshold of 7.5% of adjusted gross income)
c. Reported in Schedule A, Itemized Deductions (deductibility subject to threshold of 2% of adjusted gross income)
d. Not deductible
Answer:
Green (Self-Employed Human Resources Consultant)
The appropriate tax treatment on Form 1040 (U.S. Individual Income Tax Return) for personal life insurance premiums paid by Green is:
d. Not deductible
Explanation:
Green can claim business insurance premiums (regarded as business expenses by the IRS) and healthcare insurance premiums (regarded as medical expenses by the IRS) as deductions, but his personal life insurance premiums are considered as personal expenses. They are not tax-deductible. The IRS regards the payments for life insurance premiums as it regards the purchase of any other product or service for personal consumption.
The Boat Company has a capital structure of 30 percent riskless debt and 70 percent equity. The assumed tax rate is 23 percent. If the asset beta is .9, what is the equity beta?
Answer: 0.68
Explanation:
Using the measures given, the equity beta can be calculated as:
Equity beta = Asset beta * (1 + (1 - Tax rate) * (Debt/Equity)
= 0.9 * ( 1 + ( 1 - 23%) * (30% / 70%)
= 1.593 * 0.3/0.7
= 0.68
According to Ghemawat's earlier observations of CAGE phenomena related to countries and relative distances measured with the framework, countries who share a common currency have a greater probablity of trading with each other than countries who share a common border.
a. True
b. False
Answer:
According to Ghemawat's CAGE framework, "countries who share a common currency have a greater probability of trading with each other than countries who share a common border."
a. True
Explanation:
The CAGE framework was developed by an international strategy guru, Pankaj Ghemawat. CAGE is a cultural, administrative, geographic, and economic framework. The framework offers businesses a means to evaluate the non-physical distances that exist between countries. With this more-inclusive view of distance, the CAGE framework provides another way for business to consider the location, opportunities, and risks involved in global trade or arbitrage.
For each of the following transactions below, prepare the journal entry (if one is required) to record the initial transaction and then prepare the adjusting entry, if any, required on September 30, the end of the fiscal year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)
(a) On September 1, paid rent on the track facility for three months, $213,000.
(b) On September 1, sold season tickets for admission to the racetrack. The racing season is year-round with 25 racing days each month. Season ticket sales totaled $840,000.
(c) On September 1, borrowed $300,000 from First National Bank by issuing a 6% note payable due in three months.
(d) On September 5, programs for 20 racing days in September, 25 racing days in October, and 25 racing days in November were printed for $3,500.
(e) The accountant for the concessions company reported that gross receipts for September were $160,000. Eight percent is due to the track and will be remitted by October 10.
Answer and Explanation:
the journal entries are as follows:
a Prepaid rent $213,000
To cash $213,000
(To record prepaid rent)
Adjusting entry:
Rent expense $71,000 ($213,000 ÷ 3)
Prepaid rent $71,000
(To record September rent expense)
b Cash $840,000
To unearned sales revenue $840,000
(To record cash received on season sales)
Adjusting entry:
Unearned sales revenue ($840,000 ÷ 12) $70,000
Sales revenue $70,000
(To record sales revenue recognised)
c Cash $300,000
Note payable $300,000
(To record note payable issued on borrowed amount )
Adjusting entry:
Interest expense ($300,000 × 6% ÷ 12) $1,500
Interest payable $1,500
(To record interest payable due)
d Prepaid advertising 3,500
To Cash 3,500
(To record cash paid for advertising)
Adjusting entry:
Advertising expense ($3,500 ÷ 60) × 20 $1,167
To prepaid advertising $1,167
e No entry
Adjusting entry:
Accounte receivable ($160,000 × 8%) $12,800
Sales revenue $12,800
(To record amout due)
Which of the following instruments are traded in the capital markets? Check all that apply. Treasury bills Certificates of deposit Common stocks Commercial paper Preferred stocks
Answer:
Common stocks
Preferred stocks
Explanation:
The Capital Market is a place where bonds and stocks are traded however it is only for stocks and bonds with a maturity that lasts over a year. Corporate bonds and government bonds fall under this category as a result.
Stocks represent ownership in a company so this is a long term ownership thing which is why it is traded in the capital market. This includes both common and preferred stock.
Quick Cleaners, Inc. (QCI), has been in business for several years. It specializes in cleaning houses but has some small business clients as well.
a. Issued $21,000 of QCI stock for cash.
b. Incurred $840 of utilities costs this month and will pay them next month.
c. Paid wages for the current month, totaling $2,600.
d. Performed cleaning services on account worth $3,800.
e. Some of Quick Cleaners’ equipment was repaired at a total cost of $300. The company paid the full amount at the time the repair work was done.
Required:
Prepare journal entries for the above transactions, which occurred during a recent month.
Answer:
Quick Cleaners, Inc. (QCI)
Journal Entries
a. Debit Cash $21,000
Credit Common Stock $21,000
To record the issuance of QCI stock for cash.
b. Debit Utilities Expense $840
Credit Utilities Payable $840
To accrue utilities expense for the month.
c. Debit Wages Expense $2,600
Credit Cash $2,600
To record the payment of wages for the month.
d. Debit Accounts Receivable $3,800
Credit Service Revenue $3,800
To record the performance of cleaning services on account.
e. Debit Equipment Repairs $300
Credit Cash $300
To record the payment for equipment repairs.
Explanation:
a) Data and Analysis:
a. Cash $21,000 Common Stock $21,000
b. Utilities Expense $840 Utilities Payable $840
c. Wages Expense $2,600 Cash $2,800
d. Accounts Receivable $3,800 Service Revenue $3,800
e. Equipment Repairs $300 Cash $300
A firm has a debt-equity ratio of .64, a cost of equity of 13.04 percent, and a cost of debt of 8 percent. Assume the corporate tax rate is 25 percent. What would be the cost of equity if the firm were all-equity financed
Answer:
11.41%
Explanation:
The cost of equity of an all-equity firm can be derived from the below formula:
Levered Cost of Equity = Unlevered Cost of Equity + (Unlevered Cost of Equity - Cost of Debt) * (1 - tax) * Debt-Equity Ratio
Levered Cost of Equity=13.04%
Unlevered Cost of Equity=the unknown(let us assume it is U)
cost of debt=8%
tax rate=25%
debt-equity ratio=0.64
13.04%=U+(U-8%)*(1-25%)*0.64
13.04%=U+(U-8%)*0.75*0.64
13.04%=U+(U-8%)*0.48
0.1304=U+0.48U-0.0384
0.1304+0.0384=1.48U
1.48U=0.1688
U=0.1688/1.48
U=11.41%
C Co. reported a retained earnings balance of $230,000 at December 31, 2020. In September 2021, C determined that insurance premiums of $81,000 for the three-year period beginning January 1, 2020, had been paid and fully expensed in 2020. C has a 25% income tax rate. What amount should C report as adjusted beginning retained earnings in its 2021 statement of retained earnings
Answer:
$267,800
Explanation:
Calculation to determine What amount should C report as adjusted beginning retained earnings in its 2021 statement of retained earnings
First step is to Allocate the premium equally starting from 2020,2021 to 2022
Premium=$81,000/3 years
Premium=$27,000
Second step is to calculate the effect of the error
Effect of error=$81,000-$27,000
Effect of error=$54,000
Third step is to calculate the tax effect
Tax effect =$54,000*30%
Tax effect=$16,200
Fourth step is to calculate the 2021 beginning retained earnings
2021 Beginning retained earnings=$54,000-$16,200
2021 Beginning retained earnings=$37,800 Understated
Now let determine the Corrected retained earnings
Using this formula
Corrected retained earnings =Beginning balance + Understated Beginning retained earnings
Let plug in the formula
Corrected retained earnings= $230,000 + $37,800
Corrected retained earnings= $267,800
Therefore the amount that C should report as adjusted beginning retained earnings in its 2021 statement of retained earnings will be $267,800
What are the consequences of bank failures?
Answer:
When a bank fails, it may try to borrow money from other solvent banks in order to pay its depositors. If the failing bank cannot pay its depositors, a bank panic might ensue in which depositors run on the bank in an attempt to get their money back.
Explanation:
What is the value of a preferred stock that pays a perpetual dividend of $125 at the end of each year when the interest rate is 5 percent?
Answer: $2500
Explanation:
The value of a preferred stock that pays a perpetual dividend of $125 at the end of each year when the interest rate is 5 percent will be calculated by using the formula:
= Cf/i
where,
Cf = Cash flow = $125
i = Interest rate = 5% = 0.05
Therefore, the value of the preferred stock will be:
= Cf/i
= $125/0.05
= $2500
The value of the preferred stock is $2500.
On January 1, Year 2, Grande Company had a $16,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account. During Year 2, Grande provided $104,000 of service on account. The company collected $97,000 cash from accounts receivable. Uncollectible accounts are estimated to be 2% of sales on account. Based on this information, the amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows is:
Answer:
Based on this information, the amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows is:
= $97,000.
Explanation:
a) Data and Calculations:
Accounts Receivable balance on January 1, Year 2 = $16,000
Allowance for Doubtful Accounts balance on January 1, Year 2 = $0
Service Revenue on credit during Year 2 = $104,000
Cash collected from Accounts Receivable = $97,000
Accounts Receivable balance on December 31, Year 2 = $23,000
Allowance for Doubtful Accounts balance on December 31, Year 2 = $2,080 ($104,000 * 2%)
Net Accounts Receivable balance on December 31, Year 2 = $20,920 ($23,000 - $2,080)
b) The $97,000 is the actual cash inflow received from customers during Year 2. It increases the cash inflows and forms part of the operating activities section of the Statement of Cash Flows for Year 2 under the direct method.
A manager's need to exert tight controls on subordinates (span of control) is most accurately captured by which of the following statements?
A. Control will decrease as the manager gets to higher levels in the organization and work becomes less standardized.
B. Control is generally the same in almost all organizations.
C. Control will clearly increase as subordinates need less supervision.
D. Control will decrease as new employees join the company.
Answer:
b
Explanation:
The phrase Control will decrease as the manager climbs to higher levels in the organization and work becomes less standardized best describes a manager's need to exert tight controls on subordinates (span of control).
Thus, option A is correct.
What is the ideal span of control?For all businesses, assessing the scope of control is a useful health check. Organizations can easily identify potential areas for improvement or issue areas by visualizing spans and layers. The number of employees directly under management is referred to as the span of control. The number of subordinates that a supervisor or manager in an organization can effectively and efficiently supervise is referred to as the span of control.
A manager with five direct reports, for instance, has a span of control of five. As long as it is considered in the context of the company's organizational structure, having too many or too few direct reports is a useful indicator of how effective an organization is.
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The position in a craft union in which the holder is the chief administrator of the union hiring hall is the
Answer:
e. international union representative
Explanation:
Union representatives played a vital role with respect to supporting the employees for reporting to the union leaders when they are on the place of their peers. It acted as the main liason between the employers & employees as in this they support the employees and guidem them via the challenges that took place during the work
So at the time when the craft union position where the holder be the chief administrator of the union hiring hall so it should be the international union representative
The Rent It Company declared a dividend of $.60 a share on October 20th to holders of record on Monday, November 1st. The dividend is payable on December 1st. You purchased 100 shares of this stock on Wednesday, October 27th. How much dividend income will you receive on December 1st as a result of this declaration
Answer:
the dividend income that should be received is $60
Explanation:
The computation of the dividend income is shown below:
= Dividend per share × number of shares of the stock purchased
= $0.60 × 100 shares
= $60
hence, the dividend income that should be received is $60
Basically we applied the above formula so that the correct value could come
A(n) ________ is a hybrid between a conventional loan and a bond; at its heart it is a bond, but its terms are tailored to the borrower's individual needs, as a loan would be.
Answer:
Private placement
Explanation:
Private placement can be defined as non public offering also. This is because they are not sold through public offering but are sold through Private sales and the the number of investors are few and selected
These investors who receive the bonds are usually selected beforehand instead of doing it in the open market
Using the information below, calculate net income for the period:
Sales revenues for the period $1,323,000
Operating expenses for the period 258,000
Finished Goods Inventory, January 1 55,000
Finished Goods Inventory, December 31 60,000
Cost of goods manufactured
for the period 559,000
A. $774,000.B. $769,000.C. $530,000.D. $535,000.E. $448,000.
Answer:
See explanation
Explanation:
The correct choice is not available : Net Income is $511,000
We determined this as follows :
Income Statement for the ended December 31
Sales $1,323,000
Less Cost of Sales
Opening Finished Goods Inventory $55,000
Add Cost of goods manufactured $559,000
Less Ending Finished Goods Inventory ($60,000) ($554,000)
Gross Profit $769,000
Less Expenses
Operating expenses ($258,000)
Net Income $511,000
On January 2, 20Y4, Whitworth Company acquired 40% of the
outstanding stock of Aloof Company for $340,000. For the year
ended December 31, 2024, Aloof Company earned income of
$180,000 and paid dividends of $10,000. On January 31 2045,
Whitworth Company sold all of its investment in Aloof Company
stock for $405,000.
Answer:
Journal entries needed for:
a. Purchase of stock
b. Share of Aloof income
c. Dividend
d. Sale of Aloof company stock
a. Purchase of stock
Date Account Title Debit Credit
Jan 2, 20Y4 Investment in Aloof company $340,000
stock
Cash $340,000
b. Share of Aloof income
Date Account Title Debit Credit
Dec 31, 2024 Investment in Aloof company $72,000
stock
Income of Aloof Company $72,000
Working:
= 40% * 180,000 income
= $72,000
c. Dividend
Date Account Title Debit Credit
Dec 31, 2024 Cash $4,000
Investment in Aloof company $4,000
stock
Working:
= 40% * 10,000 dividend
= $4,000
d. Sale of stock
Date Account Title Debit Credit
Dec 31, 2024 Cash $405,000
Loss on sales of Aloof $3,000
company stock
Investment in Aloof company $408,000
stock
Working:
Value of stock = Purchase price + share of Aloof income - Share of dividend
= 340,000 + 72,000 - 4,000
= $408,000
On June 30, 2024, L. N. Bean issued $16 million of its 8% bonds for $14 million. The bonds were priced to yield 10%. Interest is payable semiannually on December 31 and July 1. If the effective interest method is used, how much bond interest expense should the company report for the 6 months ended December 31, 2024
Answer:
$700,000
Explanation:
Calculation to determine how much bond interest expense should the company report for the 6 months ended December 31, 2024
Using this formula
Interest expense for the 6 months ended December 31, 2024 = Carrying value * Effective interest rate/2
Let plug in the formula
Interest expense for the 6 months ended December 31, 2024= $14,000,000 * 10% / 2
Interest expense for the 6 months ended December 31, 2024=$14,000,000*5%/2
Interest expense for the 6 months ended December 31, 2024= $700,000
Therefore the amount of bond interest expense that the company should report for the 6 months ended December 31, 2024 is $700,000
Leo is the most active participant on his company's social networking platform, but his manager has an issue with one aspect of his posts. Which behavior is Leo's manager most likely to ask him to change
Group of answer choices.
A. He never addresses colleagues by name to keep things professional.
B. He always uses a friendly, but direct tone.
C. He often requests that colleagues post work-related data.
D. He spends time on the platform each day.
E. He often reminds colleagues to share their ideas through the platform
Answer:
A. He never addresses colleagues by name to keep things professional.
Explanation:
Operant conditioning can be defined as an associative learning process which involves reinforcing the strength of a behavior.
Behavior modification is a therapeutic process that is focused on changing any undesirable negative behavior in an individual through the use of positive or negative consequence and biofeedback.
Basically, behavior modification is based on operant conditioning principles, through negative or positive reinforcement, undesirable behaviors developed by an individual are mainly replaced with more desirable ones.
In this scenario, a behavior which Leo's manager is most likely to ask him to change is not addressing colleagues by name to keep things professional.
In a corporate or formal setting such as on a company's social network platform, it is very important that group members (employees) address their colleagues by name at all times. This behavior or action, is necessary to keep things professional and show individual interests in your colleagues.
The sales price of a product is $100 per unit; the variable cost is $20 per unit; and fixed costs total $800. How many units must be sold to break even?
Answer:
10
Explanation:
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
$800 / ($100 - $20)
= $800 / $80
= 10
