BSM1602 ASSIGNMENT 4 F0R 2024 - Distinction obtained

1. Which one of the following CANNOT be considered a variable expense, when determining volume and cost estimates for a break-even analysis? 2. The demand for the products sold at PC Mania, is of such a nature that it decreases the moment when the prices of computers and equipment increase. The demand for the product in this situation can be described as being __________. 3. A means, by which an enterprise can compare its current performance to performance of similar enterprises in the same category, is known as a __________. 4. If the current ratio of Pure Organic is too low, what can be done to raise the current ratio? i) Putting profits back into Pure Organic ii) Settling Pure Organic’s debts iii) Decreasing Pure Organic’s current assets from loans and other borrowings iv) Converting Pure Organic’s non-current assets into current assets v) Increasing Pure Organic’s current assets from new equity contributions.