What is meant by break-even period?
In business accounting, the break-even point refers to the amount of revenue necessary to cover the total fixed and variable expenses incurred by a company within a specified time period
To calculate the break-even point in units use the formula:
Break-Even point (units) = Fixed Costs ÷ (Sales price per unit – Variable costs per unit) or in sales dollars using the formula: Break-Even point (sales dollars) = Fixed Costs ÷ Contribution Margin.
What are insurance requirements?
Insurance Requirements — the part of a commercial contract in which the types and minimum amounts of insurance the parties agree to provide in connection with their performance of the contract are specified.
What is break-even period in business?
A break even point is used in multiple areas of business and finance. In accounting terms, it refers to the production level at which total production revenue equals total production costs. In investing, the break even point is the point at which the original cost equals the market price.
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Jeremy wants to avoid conflict with his new coworkers. he should ______. a. spread gossip with them b. treat them all with respect c. talk to the most popular people d. buy them expensive gifts please select the best answer from the choices provided a b c d
Jeremy wants to avoid conflict with his new coworkers. He should treat them all with respect.
Option B is correct answer.
Conflict in workplace :
Conflict is a difference or disagreement between two or more people. Conflict in the workplace is a normal part of human interaction, yet, handling and resolving conflicts that arise is probably one of the biggest challenges employees face.
What is good conflict in the workplace?
Positive conflict is constructive in nature. It produces new ideas, solves continuous problems, provides an opportunity for people and teams to expand their skills, and fosters creativity. When opposing ideas are explored, a breakthrough of thinking can occur.
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Many companies use ________ to customize koozies for customers to use as inexpensive promotions.
Many companies use 3D printing to customize koozies for customers to use as inexpensive promotions.
Items such as koozies all come as the same for all customers, but if there needs to be special writing or inscription on any of them,. this is known as customization and can be easily be done with 3D printing.
What is Customization?
This refers to the individual request to make something different for them to make it unique and easily recognizable.
Hence, we can see that Items such as koozies all come as the same for all customers, but if there needs to be special writing or inscription on any of them,. this is known as customization and can be easily be done with 3D printing.
This helps a user to easily identify his item and this is also a form of personalization and is used as an inexpensive promotion.
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Lance's taxable income last year was $65,350. According to the tax table
below, how much tax does he have to pay if he files with the "Single" status?
The amount of tax that Lance is going to have to pay under the single status is going to be $12,531
What is the single status tax system?This is the status that is used by the people that are not married. In this system of filing taxes, the way that it is done is that the single filers would have to use the single status for the internal revenue service.
We have to multiply the income that is taxable from last year by 19.17%
= $65,350 * 19.17%
= $12531
Hence the amount that has to be taxed is going to be 12531
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What is it called when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price?
Round-tripping is when a company sells unused assets for a promise to buy them or similar assets back at roughly the same price.
Round tripping occurs when one company sells unused assets to another party in order to generate sales, and later buys the assets back. For instance, a real estate company sells several properties to a related party in exchange of money and then buys them back a year later for the same price.
So doing this generates sales not only for the original seller, but also for the related party when it sells the properties back. The government also uses round-tripping in times of recession to increase money flow in the market.
Hence, round-tripping refers to money that leaves the country and makes its way back into the country though various channels.
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The right to ____ is never directly granted to all shareholders of a publicly held corporation.
The right to declare dividends on the common stock is never directly granted to all shareholders of a publicly held corporation. To declare dividends on the common stock.
When a corporation declares a dividend, it offers the amount of the dividend and the elegance of stocks for which the employer will pay the dividend. every person keeping shares of dividend-paying common inventory has a right to the dividend as long as he holds the inventory at the "report" date.
The board of administrators issues a declaration declaring how a whole lot can be paid out and over what timeframe. This statement implies liability for the dividend payments.
Legally, businesses must have a credit score stability in Retained earnings with a purpose to claim a dividend. Nearly, a employer must even have a coins balance huge enough to pay the dividend and nevertheless meet upcoming desires, including asset growth and payments on existing liabilities.
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Across the dow jones industrial average, what is the average stated book value as a percentage of the market value of a company's equity?
5% is the average stated book value as a percentage of the market value of a company's equity. The amount of money that would be left in the hands of a company's shareholders if all of its assets were sold and all of its liabilities were paid in full is known as equity, sometimes known as shareholders' equity or owners' equity for privately held enterprises.
In the case of an acquisition, it is the value of the firm sales less any liabilities that the company has that were not transferred along with the transaction. Equity is the ownership stake that the shareholders.
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What advantages and challenges were created for the brooklyn brewery brand by its close connection to brooklyn?
Brooklyn Brewery has been making craft beer but in an increasingly saturated marketplace, Brooklyn Brewery is under constant pressure to remain relevant. Ben Hudson Marketing Director at Brooklyn Brewery, notes that "the industry is moving into a phase that's more marketing-driven", where storytelling and presentation are vital to differentiation.
Hudson at Brooklyn Brewery believes that many marketing stunts that might have previously raised a brand's profile significantly have now become completely present, such as the beer dinner or the tap takeover. Every craft brewer is using the same playbook, so pulling the same levers no longer differentiates you.
And in an arena that's as crowded as the beer industry standing out from the crowd is essential. In the US, alcohol producers are not allowed to sell directly to consumers, which means that distributors become the key to craft breweries' success.
Craft beer is also currently the most profitable sector of the market; as a result, distributors have begun collecting a whole bunch of craft brands to sell to the public. However, because each craft beer is produced by a different brewery, distributors no longer have the resources to market each brewer individually. It is now up to the brewers themselves to market their product and raise awareness.
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How does the dynamic model of aggregate supply and aggregate demand explain inflation?
The dynamic model of aggregate supply and aggregate demand explain inflation When the aggregate supply of goods and services decreases because of an increase in production costs, it results in cost-push inflation. in order to compensate, the increase in costs is passed on to consumers, causing a rise in the general price level: inflation
AD measures the entire demand for all finished commodities and services, produced in an economy at a particular time period.
AS measured the entire supply of services and commodities produced within an economy at a given price level in a particular time period.
Aggregate amount or score is made up of several smaller amounts or scores added together.
Inflation is the rate of increase in prices over a given period of time.
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What are some possible consequences of raising debt to fool the market about a firm's value?
How is the share price calculated?
You must estimate the share's market price to ascertain the market capitalization. Take the most recent value of the firm share and multiply it by the number of outstanding shares to get the worth of the shares for traders. The price-to-earnings ratio is a different way to determine a share's price.
Why are debt levels increasing?
The surge happened in the midst of skyrocketing inflation and rising rates, and it was mostly driven by house debt. The first quarter saw a $14 billion increase in student loan debt, bringing the yearly growth to 6.5 percent.
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A business manages to become more efficient. As a result of this improved efficiency, it will?
A business manages to become more efficient. As a result of this improved efficiency, it will Know what to build, Build trust, Provide the right tools,
Never stop improving.
Because being efficient in your day-to-day operations helps you improve your productivity, increases your production output and can eliminate time-consuming admin tasks. When a business operates inefficiently, it can end up absorbing an incredible amount of revenue each year.
Productivity is a measure of how efficiently a person completes a task.
Inefficiently means an absence of efficiency, not performing up to the best of ability or productivity.
Incredible means extraordinary and improbable to be believed making incredible claims.
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The long-run economic level of output, according to the vertical, long-run aggregate supply curve, depends on?
The long-run economic level of output, according to the vertical, long-run aggregate supply curve, depends on the economy's labor, capital, and technology, but not on the overall level of prices.
The level of production produced by enterprises and the price level over the long term are related by the long-run aggregate supply (LRAS) curve.
The long-run aggregate supply curve in Panel, "Natural Employment and Long-Run Aggregate Supply," is a vertical line at the economy's potential production level.
The one real wage at which employment stabilizes is that wage. Only a real wage of e generates natural employment Le in Panel, "Natural Employment and Long-Run Aggregate Supply."
However, any of an indefinitely large number of nominal salary and price-level combinations might be used in the economy to reach this actual wage.
Assume, for instance, that the equilibrium real wage is 1.5, or the ratio of wages to the level of prices.
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Which component of marital success is generally ranked highest among adults in the united states? group of answer choices
The component of marital success which is generally ranked highest among adults in the United States is shared interests.
Marital success among adults is generally marked by stability, commitment and moderate or high correlations, high marital satisfaction and adjustment among such constructs.
Some married adults also point to other factors, such as shared interests and even sharing household chores, as bigger keys to a successful marriage. Also, sharing religious beliefs with one’s spouse is very important for a successful marriage.
Hence, the component of shared interests is generally ranked highest among adults in the United States.
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Which action related to benefits can best give employers an advantage in the labor market?
Teaching employees about the value of their benefits can best give employers an advantage in the labor market
The labor market or job market is a place where the supply and demand for employees collide. It helps in developing a skilled workforce that thrives in an environment of competition, advancement, and economic growth. The labor market graph is also useful for understanding its definition and learning if job markets are tight or balanced.
Employers can assess the amount and quality of the labor they need to hire by using the labor market. Additionally, it gives workers the right to request a competitive compensation package. Workforce involvement, candidate population, candidate pool, and recruited individuals are its four components.
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The united states and kenya are exploring the possibility of a trade deal. ________ refers to a situation in which a government does not attempt to restrict what its citizens can buy from or sell to another country.
The correct answer is Free trade.
Free trade refers to a situation in which a government does not restrict what its citizens can buy from or sell to another country.
What is Free Trade? It refers to the absence of any government policies and barriers over the import and export of goods. It helps in maintaining a healthy global economy and enables countries to form better relations. A free trade also has no tax over it. Free trade helps in exchange of products and therefore increasing the consumer choice in the market. It encourages the foreign investment and provides companies a chance to expand their work area.To learn more about trade barriers visit:
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A company has net sales of $825,000 and cost of goods sold of $547,000. its net income is $98,500. The company's gross profit and operating expenses, respectively, are?
A company has net sales of $825,000 and cost of goods sold of $547,000. its net income is $98,500. The company's gross profit and operating expenses, respectively, are $278,000 and $179,500.
While operating margin deducts operating expenditures from the gross margin to determine the return on sales of goods and services. The variable costs that can be included in the manufacture of goods are often referred to as the gross margin.
Gross margin = net sales -cost of goods sold
= 825,000 - 547,000 = 278,000
Operating expenses = gross margin - net income
=278,000 - 98,5000
= 179,500
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In doing real estate business internationally, factors that can contribute to success include:______.
In doing actual estate business the world over, elements which can contribute to achievement encompass: talking the language of the us of a concerned.
A shared language is crucial to collaboration and increasing recognition of goals in an worldwide enterprise. corporations are constructed on relationships, and relationships rely on green conversation. in this context is a language which is understood all around the world and is structurally much less complicated to grasp.
A completely important real property worldwide advertising tactic is to make your clients experience at home. engage in their language if you can. speak in the language of your goal population in your actual estate advertising blogs and vlogs to peer the attempt you're pouring in to draw them.
Global language barriers can pose vast demanding situations to corporations trying to make bigger into new markets. Even experienced agencies can run into difficulties with suppliers or partners while language variations create miscommunications that threaten their enterprise plans abroad.
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The office of management and budget is an important instrument of presidential control because it reviews:____.
The office of management and budget is an important instrument of presidential control because it reviews most rules promulgated by federal agencies and helps the president to put together the federal budget submitted annually to congress.
The Office of Management and Budget oversees the performance of federal agencies and controls the federal budget.
The Office of Management and Budget oversees the implementation of the President's vision throughout the executive branch.
Office management helps maintain close relationships between different departments and people. It regularly delivers commands, orders, and instructions to various people. It performs various functions such as planning, organizing, managing, staffing, monitoring, motivating and effective leadership.
OMB's primary function is to assist the President in overseeing the preparation of the federal budget and overseeing its administration in the executive branches.
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A corporation reported cash of $29,000, total assets of $471,000, and total equity of $161,435 on its balance sheet. its common-size percent for cash equals?
The common-size percent for cash equals is 6.157 % or 6.16 % (approx). Line items are shown as a percentage of a single chosen or common figure in a financial statement of common size. It is simpler to study a company over time and evaluate it against its competitors when financial statements are created in a common size.
What is the common size percentage?The formula known as "common-size percentages" sets each line item as a percent of one standard amount and is used to analyze both the income statement and the balance sheet. You would put each additional asset and liability line item on the balance sheet as a percentage of total assets.
Given,
Cash = $29,000
Total Assets = $471,000
Cash Common-size percent =?
Required to calculate= Cash Common-size percent = Cash divided by Total assets multiplied by 100.
Cash Common-size percent = 29,000 x 100/471,000 =6.16% (Approx).
Thus, Instead of showing entries as absolute numerical values, a common-size financial statement presents entries as a percentage of a common base figure. Common size statements enable analysts to make apples-to-apples comparisons between businesses of various sizes, across industries, or through time. The common-size percent for cash equals 6.16%.
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After a customer has purchased a refrigerator, he was offered free delivery, installation, financing, and warranty. this is known as the _________
After a customer has purchased a refrigerator, he is offered free delivery, installation, financing, and warranty, this is known as the “Augmented Product”.
What is an Augmented product?An augmented product contains extra features or services added by its seller to distinguish it from comparable goods offered by rival businesses. A product can be improved by including additional, non-physically present features or advantages.
Free delivery and in-home service installation are two aspects that are used to build better items. Cosmetics businesses routinely offer free makeovers and travel-size samples to market their goods.
What is a product?A product is an item that can be offered for sale.
Who is the customer?A customer buys the product to consume.
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List the four steps in the rational decision making model with the first step in the process at the top and last step on the bottom.
The four steps in the rational decision-making model with the first step in the process at the top and the last step at the bottom are:-
Identify a problem or opportunityConsider alternative solutionsEvaluate alternatives and select solutionsImplement and evaluate selected solutionsDecision-making is viewed as the cognitive process of choosing a belief or course of action among several possible alternative options. It can be rational or irrational.
Decision-making is the process of making decisions by identifying decisions, gathering information, and evaluating alternative solutions. A step-by-step decision-making process helps you make more conscious and thoughtful decisions by organizing relevant information and defining alternatives.
Basically, making a decision is choosing from available options. The better you are at decision making, the better your ability as a decision maker. There are many examples of decision making in everyday life. For example: Decide what to eat for lunch.
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An investor with risk-averse behavior will seek to reduce risk by mixing investments in a portfolio with different or offsetting risks. This technique is most effective to reduce?
This technique of mixing investments (diversification) in a portfolio with different or offsetting risks is most effective to reduce an: unsystematic risk.
What is risk management?Risk management can be defined as a strategic process which involves the identification, evaluation, analysis and control of potential risks (threats) that are present in a business as an obstacle to its capital, assets, revenues and profits.
What is an unsystematic risk?An unsystematic risk is also referred to as a non-market risk or firm-specific risk and it can be defined as a type of risk that is typically reduced through diversification such as investing in other business firms (companies).
In this context, we can infer and logically deduce that an investor who has a risk-averse behavior would seek to reduce his or her risk by mixing investments (diversification) in a portfolio with different or offsetting risks is most effective to reduce an unsystematic risk..
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Recount a time when you sent mixed signals when communicating with others. how could you have prevented this miscommunication? have you ever encountered communication problems when using electronic media
Preventions for miscommunication are given below.
What should we do to avoid miscommunication?Simplify your message; limit the number of thoughts in each sentence to be clear and concise. Get to the point fast to avoid talking in circles. Check your facts - Make certain that your communication is free of errors. Nothing is more perplexing than disseminating misleading information.Strategies for better communication:
Make your messages clear and succinct.Don't dodge difficult subjects.Choose your communication medium appropriately.Maintain your composure.Encourage individuals to come to you if they are unsure.Yes, I've certainly encountered several similar moments, mostly in the dating arena, which frequently produce a situation in which one is dealing with confusing signals.
Therefore, preventions for miscommunication are given.
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The chubb roup, an insurance company regularly supplies funds for programming on the public television network. it's donations are an example of:________
The chubb group, an insurance company regularly supplies funds for programming on the public television network. it's donations are an example of corporate philanthropy.
According to the Council of Foundations, corporate philanthropy refers to those investments and activities which a company undertakes voluntarily to manage and account for its impact on society responsibly .
Philanthropic investments and activities includes the following:
Money
Technical assistance
Donations of products
In-kind services
Other business transactions
Employee volunteerism
The purpose of these investments and activities is to advance a social cause, or the work of a nonprofit organization.
Corporations often feel that it is their social responsibility to give back, and build a positive culture and workplace within their companies. They generally want to show gratitude and give back this to the communities that have helped to make them profitable.
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In terms of leadership and organization, the texas municipal league draws strength from its________.
In terms of leadership and organization, the texas municipal league draws strength from the strong, proactive legislative committee's quick adoption of its key legislative items.
Leadership is about achieving goals through the guidance of human assistants. A leader is someone who is successful in getting his human colleagues to achieve a specific goal. A good leader is someone who can do this every day, year after year, under different circumstances.
Leadership is the ability of an individual or group of individuals to influence and guide their followers or other members of an organization.
Leadership skills can be practiced at any level, regardless of title. These are important skills because a good leader can highlight the best skills of team members and motivate them to work together to achieve common goals.
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A ________ rate means the value of the currency is fixed relative to a reference currency and then the exchange rate between that currency and other currencies is determined by the reference currency exchange rate.
Do you think product instruction are useful for users to use products better? ielts speaking
Yes, Product instruction are very useful for users to use products better which are presented on a User-Manual.
Product instruction or user guide tells people how to use the product in an efficient way. Product instruction usually contains step-by-step information about product’s feature and highlights the main features. It has proper description about how to use a particular product.
Product instruction provide information on how to use a particular product. This intents to provide proper usage advice and reduce the risk of bringing the product inoperable condition. Sometimes improper usage of product such as heat and fire generating devices; lasers and high voltage devices can cause serious injuries so it helps the user to avoid such conditions.
Product instruction explains the customer on how to use a particular feature of a product. All the information collected together in one place, so it saves time also. User does not has to look here and there for information.
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A company's plans to adhere to policies and procedures, promote operational efficiency, minimize errors and theft, and enhance the reliability and accuracy of accounting data are referred to as:______
A company's plans to adhere to policies and procedures, promote operational efficiency, minimize errors and theft, and enhance the reliability and accuracy of accounting data are referred to as internal controls.
Operational efficiency is the capacity of a company to reduce waste in time, effort, and materials as plenty as viable, whilst still producing a product or service.
In an enterprise context, operational efficiency is the size of useful resource allocation and may be defined as the ratio between an output won from the business and an input to run a business operation. when enhancing operational efficiency, the output to enter ratio improves.
To calculate your enterprise's operational efficiency, tally all of your running charges and divide the sum general by using your total sales.
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The chapters covered this week deal with common and preferred stock financing, as well as dividend policy and retained earnings, which can be related to the concept of investments. From a christian worldview, what does the bible say about investments?.
Christians should invest, not simply to accumulate wealth for their own sake, but to increase their effectiveness for God’s Kingdom. Teaching Christians to invest is as important as teaching them how to budget. It’s all part of living as faithful stewards.
What the Bible Says About Investing?Investing is a way to multiply the resources God has given us to provide for our current and future needs. It is also a means to increase what we have available to impact God’s kingdom.
The stewards in Matthew 25:14-28 that multiplied their talents were commended for their good work but also entrusted with more talents.God is faithful to always provide for our needs, and He is not against prosperity. However, we are responsible to be faithful in return to use our resources to honor God.
If you desire to be entrusted with greater riches, you need to be faithful with few (Luke 16:10-11). This means learning to be content with what you have and disciplined in your management of a little.
Reasons To Invest :
1. To Further God’s Work.
In Acts 4:34, the believers sold their own land and possessions to meet the needs of other believers. God blessed some with a surplus to be used in the future.
Obviously, those that have more are able to give more to God’s work. That doesn’t mean that everyone will, but I encourage you to be generous in how you give.
2. To Care For Your Family.
Having a surplus doesn’t necessarily mean you have to give it all away. Giving and saving are both biblical principles, and stewards should have a proper balance between the two.
We are to give first to advance God’s work, save a portion to ensure we have an Emergency Fund, and then begin investing. Investing can be a wise way to save for college tuition, to provide for yourself during your later years of life, or to leave an inheritance for your children.
3. To Be Free.
When you have planned for your future and have the ability to personally fund your living expenses without working, then both your time and money are available to be used for the Kingdom.
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What should eric do to be a responsible borrower? what should he do if he is unable to make his loan payments? what are some downsides of late payments?
To be a responsible borrower Eric should pay his monthly payments on time. If he is unable to make this payment then he would have to make the payment late.
What is a responsible borrower?Being a responsible borrower is highly aligned with budgeting. Your student loan payments should be no more than 10% of your future net monthly income.
It is important to not borrow more than you need for your school-related expenses and to keep track of how much you are borrowing cumulatively.
How can I borrow money responsibly?To borrow responsibly means the following:Borrow only what you can repay. ...Pay debts on time.Tell your creditor if you cannot pay and make a new arrangement with your creditor.Report lost or stolen credit cards immediately.Learn more about borrowers here:
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When currency options are not standardized and traded over-the-counter, there is ____ liquidity and a ____ bid/ask spread.
When currency options are not standardized and traded over-the-counter, there is less liquidity and a wider bid/ask spread.
A currency option is a contract which gives the buyer the right, but not the obligation, to buy or sell a certain currency at a specified exchange rate on or before a specified date. As, for this right, a premium is paid to the seller.
There is less liquidity, when the currency options are not standardized and traded over-the-counter. This means that markets have few opportunities to buy and sell, so there is a wider bid/ask spread, where the assets also become difficult to trade.
Hence, bid-ask spreads can widen during times of heightened market risk.
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