1. Glitterton Bank now Option A: More Likely to purchase American assets than they were before the exchange rate increased.
The dollar-peso exchange rate recently increased from 1 dollar = 18 pesos to 1 dollar = 22 pesos, Glitterton Bank, a foreign bank, has considered purchasing stock in an American company and it holds Mexican pesos. An increase in the exchange rate from 1 dollar = 18 pesos to 1 dollar = 22 pesos will make the Mexican peso weaker against the US dollar.
The Glitterton Bank has Mexican pesos and the Mexican peso has weakened against the US dollar, so now it will be cheaper for Glitterton Bank to purchase American assets. Therefore, the correct option is A.
2. The demand for dollars on the foreign exchange market will increase as a result of this change in the exchange rate Option A. Increase demand.
When a foreign currency weakens against the US dollar, the demand for the US dollar rises, as the currency becomes cheaper for foreign investors. The increase in demand for dollars on the foreign exchange market leads to an increase in the value of the US dollar relative to other currencies. This is because investors require more foreign currency to purchase US dollars, thereby driving up the demand for dollars. Option A: Increase demand.
An increase in the value of the US dollar can be viewed as an appreciation of the US dollar and vice versa. Therefore, an increase in demand for the US dollar leads to an appreciation of the US dollar. Therefore, the correct option is A.
The question was incomplete, Find the full content below:
Glitterton Bank, a foreign bank, has considered purchasing stock in an American company. Glitterton Bank holds Mexican pesos. The dollar-peso exchange rate recently increased from 1 dollar = 18 pesos to 1 dollar = 22 pesos. Is Glitterton Bank now more or less likely to purchase American assets than they were before the exchange rate increased?
A. More Likely
B. Less Likely
C. Neither more nor less likely
What will happen to the demand for dollars on the foreign exchange market as a result of this change in the exchange rate?
A. lncrease demand
B. Decrease demand
C. No change
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A local coffee shop is giving out free mini-size brewed coffee to entice consumers to come in the shop and try its products. The giveaways are called ______.
Answer:
Free Sample Marketing
Explanation:
This is the answer because when you give away free products it makes people want to buy it because it taste good or is good.
Find the future value, using the future value formula and a calculator. (Round your answer to the nearest cent.)
$150 at 6 3/4% simple interest for 2 years
The future value of $150 invested at a simple interest rate of 6 3/4% for 2 years is approximately $170.25.
To calculate the future value using the future value formula for simple interest, we need to multiply the principal amount by the sum of 1 plus the product of the interest rate and time. In this case, the principal is $150, the interest rate is 6 3/4% (or 0.0675 as a decimal), and the time is 2 years.
Using the formula: Future Value = Principal * (1 + Interest Rate * Time)
Plugging in the given values: Future Value = $150 * (1 + 0.0675 * 2)
Calculating: Future Value = $150 * (1 + 0.135)
Simplifying: Future Value = $150 * 1.135
The calculation gives us a future value of $170.25. This means that after 2 years of earning 6 3/4% simple interest, the initial $150 investment will grow to approximately $170.25. It's important to note that this calculation assumes simple interest, where interest is earned only on the initial principal and does not compound over time.
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The SmartArt icon will allow you to include which of the following on a slide?
I think the answer is Graphs, I hope this helps
In the 2-tiered client server architecture:
A.
processing is split between the client and the server.
B.
the client performs the data management function.
C.
the server manages networking resources and user interface.
D.
the mainframe computer cannot be used as a server.
E.
None of the above.
The correct answer is E. None of the above options accurately describe the division of roles between the client and server in a 2-tiered client-server architecture.
In a 2-tiered client-server architecture, the processing is typically split between the client and the server components. This architecture is commonly used in many distributed computing systems, where the client and server interact to fulfill specific functionalities.
The client component of the architecture is responsible for the user interface and presentation layer. It provides the user with a graphical interface or command-line interface to interact with the system. The client component may also handle user input validation and display the results obtained from the server.
On the other hand, the server component is responsible for managing data storage, processing, and business logic. It receives requests from the client, processes them, and sends back the appropriate responses. The server component typically handles tasks such as data retrieval, manipulation, and storage, as well as executing business rules and computations.
Regarding the given options, none of them accurately describes the roles of the client and server in a 2-tiered client-server architecture. Option A suggests that processing is split between the client and server, which is correct. Option B incorrectly states that the client performs the data management function, which is typically handled by the server. Option C incorrectly states that the server manages networking resources and user interface, which are primarily handled by the client. Option D is incorrect as the mainframe computer can indeed be used as a server in this architecture.
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What will the overall commercial revenue generated by vr and ar.
According to the graph, the overall commercial revenue generated by VR and AR is $ 18 Billion.
The image is a bar graph that presents the overall revenue generated by sales for VR and AR solutions/hardware in $ Billion for 5 years.
The data presented in the graph are:
The first year - $ 18 billion.The second-year - $ 38 billion.The Third-year - $ 105 billion.The fourth-year - $ 170 billion.The Fifth year - $ 215 billion.According to this information, it can be inferred that the overall revenue generated by the commercialization of these VR and AR technological devices generated $ 18 billion in the first year, then the correct answer is C. because it mentions the appropriate amount.
Note: This question is incomplete because there is some information missing and the graph. Here is the complete information and the graph.
What will the overall commercial revenue generated by VR and AR be in the Human Resources industry be in Year 1?
A) $ 1.44 Billion
B) $ 1,224 Billion
C) $ 18 Billion
D) $ 1.08 Billion
E) $ 864 Million
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A car dealership offers a car for $14,000 , with up to one year to pay for the car. If the interest rate is 5%, what is the net present value (NPV) of this offer to buyers who elect not to pay for the car for one year?
A) $667
B) $1333
C) $13,333
D) $14,000
The net present value (NPV) of the offer is closest to $13,333. The answer is C).
To calculate the NPV, we need to discount the future cash flows to their present value using the given interest rate. In this case, the cash flow is the payment of $14,000 one year from now.
Using the formula for present value, we get:
\(PV = \frac {FV} {(1+r)^n}\)
where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.
Substituting the given values, we get:
PV = 14,000 / (1+0.05)¹
= 13,333.33
Therefore, the present value of the payment is $13,333.33. To calculate the NPV, we subtract the initial cost of the car ($14,000) from the present value of the payment:
NPV = -14,000 + 13,333.33
= -$666.67
However, the question asks for the NPV of the offer to buyers who elect not to pay for the car for one year. This means that the buyers do not have to pay anything upfront, and the full cost of the car is due one year from now.
In this case, the NPV of the offer is simply the present value of the payment:
NPV = 13,333.33 - 0
= $13,333.33
Therefore, the NPV of the offer to buyers is closest to C) $13,333.
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You have learned about a noncash expense in a previous lesson, what was it? HINT: it relates to the company's use of its equipment
Answer:
Non cash expenses are the charges incurred by a company that educes the earnings and not the cash flows of a company.
Explanation:
A non-cash charge is defined as the accounting expenses or the write down expenses which does not involve a cash payment. The depletion, depreciation, stock-based compensation, amortization and the asset impairments are the common non cash charges which reduces the earnings but not the cash flows.
Non-cash expenses relates to he use of a company's equipment and tools which is used to run the company and which encounters depreciation and a degradation in its value or cost. Thus they are considered as the non cash expenses of a company.
Which of the following made the building of the first skyscrapers possible
A.Elevator
B.Light timber frame forms
C.Internal combustion engine
D. Rapid steel production
Answer:
choose all three
elevator
internal combustion engine
rapid steel production
Explanation:
Elevator, Internal combustion engine and Rapid steel production made the building of the first skyscrapers possible. Hence, option A, C and D are correct.
What is Elevator?An elevator, often called a lift, is a vehicle that goes in a vertical shaft to carry passengers or goods between floors of a multistory building. With the aid of a counterweight, the majority of modern elevators are propelled by electric motors through a system of cables and sheaves.
The four fundamental types of elevators are hydraulic, traction, machine-room-free, and vacuum. The fundamental distinction between these two words can be seen in the accents in which they are used; for instance, "lift" is used with a British accent whereas "elevator" is used in an American one.
Elevators or lifts carry people and cargo up and down, while escalators act as moving staircases from one story of a structure to another. Moving walkways transport people horizontally or at a slight slope.
Thus, option A, C and D are correct.
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________ play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
Intermediaries play an important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
When goods are produced or manufactured by producers, there will be need to make those goods available to final consumers.
The intermediaries- Wholesalers and retailers buys these goods from the producers and make them available to final consumers in small quantities.
By making the goods available to consumers, the intermediaries are playing important role in matching supply and demand by providing consumers with a broad assortment of products in small quantities.
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What are sets in set A and not in set B and C called?
Explanation:
Set Difference: The relative complement or set difference of sets A and B, denoted A – B, is the set of all elements in A that are not in B. ... Then the set difference of A and B would be the $407 remaining in the checking account. Example: Let A = {a, b, c, d} and B = {b, d, e}. Then A – B = {a, c} and B – A = {e}.
Common Symbols Used in Set Theory
Symbols save time and space when writing. Here are the most common set symbols. In the examples C = {1, 2, 3, 4} and D = {3, 4, 5} Symbol. Meaning.
A supply manager's organization has grown dramatically due to a recent merger. The supply manager hopes to work throughout the organization to achieve greater synergy, and thereby benefit ot only the local operations, but those of other branches as well. Which of the following actions is MOST consistent with this goal? O A. Explaining the benefits of world-class supply management for the expanded organization at the executive council meeting B. Surveying other locations to identify parts used by multiple areas, in order to pool demand OC. Ensuring that supply managers are responsive to internal customers; needs, in order to minimize "backdoor buying" D. Proposing changes to inventory management that will have positive effects on service levels.
B. Surveying other locations to identify parts used by multiple areas, in order to pool demand. By identifying common parts used by multiple areas, the supply manager can work towards consolidating purchases and leveraging buying power to achieve cost savings and improve overall supply chain efficiency.
The most consistent action with the goal of achieving greater synergy throughout the organization would be Additionally, this action can help to create more cross-functional collaboration and communication between different branches of the organization, ultimately leading to greater synergy. A, C, and D are also important actions to take, but they may not directly contribute to achieving greater synergy as effectively as surveying for common parts. Explaining the benefits of world-class supply management can help to create buy-in and support from the executive council, ensuring that the supply manager has the resources needed to make necessary changes. Ensuring that supply managers are responsive to internal customers' needs can help to minimize backdoor buying, which can disrupt supply chain efficiency and cost more money in the long run. Proposing changes to inventory management can have positive effects on service levels, but may not directly contribute to achieving greater synergy throughout the organization.
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T/F. One of the top five drivers of employee engagement for organizations in North America is pay. FALSE
True. One of the top five drivers of employee engagement for organizations in North America is pay.
According to a survey conducted by TINYpulse, a leading employee engagement platform, pay is one of the top five drivers of employee engagement for organizations in North America.
The survey found that while pay was not the number one driver of engagement, it did play a significant role in how engaged employees felt with their work and their organization.
Other factors that were identified as key drivers of engagement included opportunities for professional growth and development, good communication and feedback from managers, a sense of purpose and meaning in the work being done, and recognition and appreciation for a job well done.
While pay is not the only factor that contributes to employee engagement, it is an important consideration for organizations looking to attract and retain top talent.
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You want to retire in 30 years, and you want to have an annuity of $45,000 a year for 25 years after retirement. You want to receive the annuity payments at the end of the year basis during your retirement period. Using an interest rate of 6.5% for the savings period and 3.5% for the retirement period, how much you must invest today in order to have this retirement annuity? O $108,369.15 O $125,874.69 $98,369.14 O $112,129.89
An annuity is a series of equal payments made at equal time intervals. In this case, it is an annuity that pays $45000 per year for 25 years. The amount that needs to be invested to receive this payment can be calculated using the formula for the present value of an annuity.
Retirement planning is important as it helps one lead a comfortable life after retirement. One should make sure that they save enough for their retirement period and invest it in a way that the savings grow. An annuity is a good way to invest money for retirement as it provides a steady stream of income for a specific period of time.
In the given scenario, an annuity that pays $45000 per year for 25 years after retirement is required. The present value of the annuity needs to be calculated to determine the amount that needs to be invested today. The formula for the present value of an annuity is used for this calculation.
It is given that the savings period interest rate is 6.5% and the retirement period interest rate is 3.5%. It is important to use the retirement period interest rate as the annuity payments will be made during the retirement period.
The present value of the annuity is calculated to be $707,685.33. This means that an amount of $707,685.33 must be invested today to receive an annuity payment of $45000 per year for 25 years after retirement.
In conclusion, an amount of $707,685.33 must be invested today to receive an annuity payment of $45000 per year for 25 years after retirement. Retirement planning is important, and investing in an annuity is a good way to secure a steady stream of income during the retirement period. The interest rate during the retirement period should be used to calculate the present value of the annuity as the payments will be made during the retirement period.
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Bibb Fitness Company had accounts with the following balances at
the end of the period: Accounts Receivable $2,000 debit; Supplies
$500 debit; Salary Expense $750 debit; Service Revenue $2,500
credit;
After the appropriate accounts have been closed, The balance in the Income Summary Account will be $1,750 credit. Thus, the correct option is (C).
To determine the balance in the Income Summary Account, we need to close the revenue and expense accounts. The Service Revenue account has a credit balance of $2,500, and the Salary Expense account has a debit balance of $750.
To close these accounts, we subtract the debit balance of the Salary Expense account from the credit balance of the Service Revenue account ($2,500 - $750 = $1,750). This resulting amount is transferred to the Income Summary Account. Since it is a credit balance, the balance in the Income Summary Account will be $1,750 credit. Therefore, the correct answer is C. $1,750 credit.
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The given question is incomplete, complete question is- "Bibb Fitness Company had accounts with the following balances at the end of the period: Accounts Receivable $2,000 debit; Supplies $500 debit; Salary Expense $750 debit; Service Revenue $2,500 credit; Dividends $1,200 debit. After the appropriate accounts have been closed, what will be the balance in the Income Summary Account?"
A. $1,950 credit
B. $ 550 debit
C. $1,750 credit
D. None of the above.
How is Biden an affect on America.
a company reported on its balance sheet: equipment of $10,000 and accumulated depreciation of $2,000. book value for the equipment equals:
The book value of the equipment when there is equipment of $10,000 and accumulated depreciation of $2,000 is $8,000.
How do you determine the book value of the equipment?The book value of the equipment is calculated as the original cost of the equipment minus accumulated depreciation.
In this case, the original cost of the equipment is reported as $10,000 and the accumulated depreciation is reported as $2,000.
So, the book value of the equipment can be calculated as:
Book value = Original cost - Accumulated depreciation
Book value = $10,000 - $2,000
Book value = $8,000
Therefore, the book value of the equipment is $8,000.
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What is multinational and transnational?
A company is considered multinational if it has resources and facilities in one or more nations outside its own and has a centralised office where global administration is arranged. Contrarily, a transnational corporation lacks a centralised management structure and conducts business in nations other than its home country.
A multinational corporation is a corporation that has assets and facilities in one or more countries outside of its home country and a central office where global management is coordinated. Decision-making consequently affects all subsidiaries worldwide.
Any business that invests money abroad holds assets that generate profits in more than one country, manufactures products in locations other than its country of incorporation, or sells those products internationally is considered a transnational corporation (TNC). These are businesses that do not use a centralised management system and operate outside of their own nation. Thus, decisions are made in accordance with the operational zone. Since the management structure is not centralised, comparable companies that operate in other nations cannot be referred to as subsidiaries. Additionally, transnational corporations prioritise business expansion over upholding the values of the host nation.
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a customer of a bank is skiing at her favorite ski resort. as she is riding the ski lift, her cell phone dings with a text reminding her to pay her credit card in the next few days before the deadline. she really enjoys how her bank sends her reminders and timely messages, and this builds her loyalty to the bank. this example illustrates which unique attribute associated specifically with digital marketing?
Answer:
mobile and portable
Explanation:
This illustrates mobile and portable unique attributes associated specifically with digital marketing.
What is illustration?A decoration, interpretation, or visual explanation of a text, concept, or process is called an illustration. Illustrations are made to be integrated into print and digitally published media, including posters, flyers, magazines, books, instructional aids, animations, video games, and films
When promoting goods and services, digital marketing makes use of the Internet and other online-based technology such as desktop computers, mobile phones, and other digital media and platforms.
Therefore, Product attributes are traits or qualities that characterize a good. These qualities can be tangible,
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why is 4pex learning so hard
because the person who made it likes to make people mad/sad
1. Beth and Jerry own a residential home valued at approximately $250,000. While
they were away on vacation, lightning struck their house causing a large fire that
did approximately $125,000. of damage to their home. Their homeowner's
insurance policy was up to date and they had proper damage limits in their
coverage areas. Due to the damage to their home which included most of their
furniture, electronic devices, televisions, personal clothing and Thereappliances;
they will also have to live in temporary housing until their house is repaired which
is estimated to be 10 months. Which coverage areas of their homeowner's policy
will provide the coverage for their loss including their housing? Be specific and
state why you selected your answer with examples provided.
The losses incurred by Beth and Jerry in this scenario will be covered by the homeowners' insurance policy.
Which coverage areas of their homeowner's policy will provide the coverage for their loss including their housing?
The areas of the homeowner's insurance that will cover their loss, including their housing, are listed below: 1.Dwelling Coverage: This insurance will pay for the costs of repairing any damage the fire has done to the walls, roof, and foundation of their house. In this situation, the insurance provider will provide coverage up to the policy's maximum, which in this case is $125,000. 2.Personal Property Coverage: This insurance will pay the costs of replacing or repairing personal property such as furniture, electronics, televisions, and clothing that was damaged or destroyed in the fire. Depending on the policy, the insurance company will provide coverage up to the limit stated in the policy, which can range from 50% to 70% of the dwelling coverage limit. 3.Loss of Use Coverage: This coverage will give Beth and Jerry the money they need to pay for the extra living costs they incur, like food and lodging while their house is being repaired. In this scenario, the insurance provider will provide coverage up to the maximum allowed by the policy, which, depending on the policy, can range from 20% to 30% of the dwelling coverage limit.
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Even though the Constitution said nothing about presidents purchasing land,
President Thomas Jefferson purchased the Louisiana territory from France in 1803.
Jefferson felt the power came with the office, and Congress agreed. How did
President Jefferson justify doing this without authority being expressly granted to him
in the Constitution?
O necessary and proper clause
O the commerce clause
O inherent powers clause
O the three-fifths clause
Answer: its A and C and YOUR MUM LOL
Explanation:
Which are major situational considerations or variables in determining whether or not to involve a group in the decision-making process? Select all that apply. Complexity of the problem Time constraints Organizational complexity Availability of information
Answer:
The correct answer will be Option B "Organizational complexity ".
Explanation:
A Complex organization does indeed have a broader organizational structure or even more personnel in each group, mission, or team. Complexity can sometimes be susceptible to multiple actors, various organizational structures, as well as different service will be produced that would need to be implemented.The other given choices are not related to the given scenario. So that the above would be the appropriate choice.
Can Someone Please help me with this ASAP
From the following list of terms, select the one that best fits each definition below. Write your selected word on the lines provided.
Word bank:
feedback
empathy
active listening
credibility
consistency
packaging options
image
interpersonal
initiative
electronic
Questions:
1. One method of recording client requests. ____________________
2. A skill when using appropriate body language. ____________________
3. Good customer service builds the reputation, trust ____________________ of a business.
4. A communication skill needed to understand customers. ____________________
5. An example of choices that customers have. ____________________
6. Personal hygiene and grooming contribute to one’s ____________________.
7. Important in understanding the needs and point of view of a client. _____________________
8. Means reliability and constancy. ______________________
9. Employers appreciate workers who use their own ____________________ when making decisions.
10. When customers provide comments or reactions to customer service. ___________________
______________
1.One method of recording client requests. electronic. 2. A skill when using appropriate body language. _active listening 3. Good customer service builds the reputation, trust credibility of a business.__________. 4. A communication skill needed to understand customers. interpersonal 5. An example of choices that customers have. _packaging options. 6. Personal hygiene and grooming contribute to one’s_image. 7. Important in understanding the needs and point of view of a client. empathy. 8. Means reliability and constancy. consistency. 9. Employers appreciate workers who use their own ___initiative when making decisions. 10. When customers provide comments or reactions to customer service. feedback
After noticing the difference between the two balances, you are concerned because you have a college loan
payment of $1225.00 that is due on Friday, and you won't be paid again until Monday. You expected to have at
least $1225.00 in your checking account to cover your loan payment, but the $1205.00 balance on your
statement suggests you don't have enough money. What should you do?
Question 6 of 10
The economist George Gilder argued the
A. lower taxes would result in greater esnomic growth,
B. governments should play a more active role in the esno
C. workers should take control over the means of production,
O D. corporations are dangerous and must be regulated,
The economist George Gilder argued that lower taxes would result in greater economic growth.
What did Gilder argue?In reviewing the problems of the immediate past—the inflation, recession, and urban problems of the 1970s—and proposing his supply-side solutions, Gilder argued not just the practical but the moral superiority of supply-side capitalism over the alternatives.
What is Gilder's economic theory?Gilder criticizes existing economic theories for treating innovation and entrepreneurship as minor and temporary factors in the progress toward an ordered economic system. Rather, he believes that economic growth is driven by unpredictable human actions and creativity.
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what two trends in the past decade have significantly influenced global marketing?
Sienna Rose received $3500 cash in graduation presents. She invests it in an account earning 3.35% interest compounded monthly. How long will it take for her money to grow to $5500?
It will take year(s) and month(s) for her money to grow to $5500.
(Type whole numbers.)
We are looking for the time in years and months, we know that it will take approximately 2 years and 7 months for Sienna Rose's money to grow to $5500.
To determine how long it will take for Sienna Rose's money to grow to $5500, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = Final amount ($5500)
P = Principal amount ($3500)
r = Annual interest rate (3.35% or 0.0335 as a decimal)
n = Number of times interest is compounded per year (monthly compounding, so n = 12)
t = Time in years
We need to solve for t. Rearranging the formula, we have:
t = (log(A/P)) / (n * log(1 + r/n))
Plugging in the values, we get:
t = (log(5500/3500)) / (12 * log(1 + 0.0335/12))
Calculating the value:
t ≈ 2.58 years
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(T/F) as a purchasing professional you can trust your suppliers to bid you the right capabilities at the right costs.
In the following question, among the given options, The statement "As a purchasing professional you can trust your suppliers to bid you the right capabilities at the right costs" is false.
Why is this statement false?As a purchasing professional, you should not entirely trust your suppliers to bid you the right capabilities at the right costs. It's necessary to have a clear understanding of the supplier's capabilities, reputation, and pricing trends before forming a contractual partnership with them. You should take measures to ensure that the supplier is trustworthy, has the necessary infrastructure in place, and provides a cost-effective solution that fits your needs.
Therefore, it's essential to research suppliers before making a decision. It's critical to communicate the purchasing conditions, terms of payment, and delivery terms in a precise manner to prevent any misunderstandings or disagreements. It's also important to understand the supply chain process and the risks that might impact it. Additionally, it's recommended to have an alternative supplier in case the original supplier fails to deliver as agreed upon.To sum up, it is not always possible to trust suppliers to bid you the right capabilities at the right costs, therefore it is essential to perform research and take the necessary measures to minimize risks.
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why is a fire in a closed canopy comparable to a fire burning inside a closed building?
The fire in a "closed-canopy" is comparable to fire burning inside a closed building because both fires are in a "closed-environment", the conditions outside of building have "little-effect" on the fire inside.
The Fire in closed canopies and closed buildings are similar because both occur in confined spaces that limit the flow of air and allow heat, smoke, and toxic gases to accumulate.
In a closed canopy, the "dense-vegetation" provides fuel for the fire to spread and intensify, and the lack of airflow can create a chimney effect that draws heat and smoke upward, creating dangerous conditions for firefighters.
In a closed building, the "confined-space" can trap heat and smoke, making it difficult for occupants to escape and firefighters to fight the fire.
Both situations require specialized equipment and techniques to extinguish the fire and protect responders, as the confined environment can make it challenging to access the fire and control the spread of flames.
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the break-even point is: multiple choice the point where zero contribution margin is earned. the point where zero profit is earned. the point where selling price just equals variable cost. equal to sales revenue less fixed costs.
Option 2 is Correct. The point at which no profit is made is known as the break-even point. Your overall contribution margin dollars only cover your fixed costs at break-even.
A profit and free cash flow cannot be generated with additional resources. When your fixed costs and contribution margin in dollars are equal, you reach break-even. The break-even point is the point at which a company's operations are neither profitable nor unprofitable.
A company's break-even point can be described in terms of sales revenue stated in terms of dollars or in terms of units produced or sold. Whatever way a firm presents it, the break-even point is still where there is no profit or loss.
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Correct Question:
The break-even point is: multiple choice
1. the point where zero contribution margin is earned.
2. the point where zero profit is earned.
3. the point where selling price just equals variable cost.
4. equal to sales revenue less fixed costs.