Breakeven point Study guides, Class notes & Summaries

Breakeven Point? - ️️total cost = total revenue Working capital ratio - ️️current assets / current liabilities Acid-test (quick) ratio - ️️(cash + AR + short-term investments) / current liabilities debt to assets ratio - ️️total liabilities/total assets FTE (full time equivalent) - ️️total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) Profit margin - ️️NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net pro...

Plan, Source, Make, Deliver correct answers What are the 4 ways supply chain creates value? Descriptive Analytics correct answers the use of data to understand past and current performance to make informed decisions Predictive Analytics correct answers use analytics to predict the future Prescriptive Analytics correct answers identify the best alternatives to minimize or maximize some objective Reasons to Make correct answers -portect proprietary technology -no competent supplier ...

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What is the goal of the Integrated Pest Management (IPM)? Correct Answer-to optimize, not maximize pest control. What is the key to successful IPM? Correct Answer-Scouting What is NOT the goal of IPM? Correct Answer-Elimination of all pests What is ECONOMIC THRESHOLD? Correct Answer-the amount of pests or damage at which control should be used to prevent reaching economic injury level What is ECONOMIC INJURY LEVEL? Correct Answer-is the breakeven point at which cost of pest control i...

ACCT 2121 Mid-term Exam 2022 MCQ Q1 (1 point) In multiproduct situations, when the sales mix shifts toward the product with the highest contribution margin per unit, then: A) total revenues will decrease B) breakeven quantity will increase C) total contribution margin will decrease D) operating income will increase Q2 (1 point) Hope company produces and sells 500 units of its only product per month at the selling price of $1,200. The variable manufacturing cost of the 500 units is...

INTEGRATED REVIEW 2: Management Advisory Services (MAS) #2 | Cost-Volume-Profit Analysis cvpp 1. Total unit cost A. needed for determining product information B. irrelevant in marginal analysis C. independent cost system D. relevant for cost-volume-profit analysis (CPAR Reviewer, 2018) 2. The rate or amount that sales may decline before losses are incurred is called: A. residual income rate B. variable sales ratio C. sensitive level of income D. margin of safety (CPAR Reviewer,...

CH 01 - Introduction © Cengage. Testing Powered by Cognero. Page 1 True / False 1. The process of decision making is more limited than that of problem solving. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: IMS.ASWC.19.01.01 - 1.1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking TOPICS: 1.1 Problem Solving and Decision Making KEYWORDS: Bloom's: Understand 2. The breakeven point is the point at which the volume of output produced is th...

CH 01 - Introduction © Cengage. Testing Powered by Cognero. Page 1 True / False 1. The process of decision making is more limited than that of problem solving. a. True b. False ANSWER: True POINTS: 1 DIFFICULTY: Easy LEARNING OBJECTIVES: IMS.ASWC.19.01.01 - 1.1 NATIONAL STANDARDS: United States - BUSPROG: Reflective Thinking TOPICS: 1.1 Problem Solving and Decision Making KEYWORDS: Bloom's: Understand 2. The breakeven point is the point at which the volume of output produced is th...

WGU C428 Financial Resource Management in Healthcare Questions and Answers| ALREADY PASSED |2024 LATEST UPDATE Accounting The measure and recording of events that reflect the operations, assets, expenses, and other financing of an organization. Breakeven Analysis Determines the point when the investment in the project will generate a positive return. Business Manager or SBU Manager The manager responsible for the finance function in a small healthcare organization, such as a medical prac...

bookkeeping - Answer- day to day keeping of transcations steps of decision making - Answer- identify issue gather information identify alternatives select option that most likely results in desired objective accounting - Answer- analysis of events record and report financial effects of business activities where does capital come from (3) - Answer- investors creditors(lenders) business itself (from earnings retained) 2 main types of accounting - Answer- financial and managerial ...