Testimonials offer the best potential when it comes to the field of buying and selling goods and services
What are Testimonials?In business people who buy and use products often recommend these products to their friends and family members, however, this is largely dependent on how effective these products or services are.
In clear terms, the events where products and services are being recommended by an early user to an intended user are called testimonials.
Another Business marketing product called make Potential sale is Online Advertising.
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Define Interpersonal Intelligence.
Answer:
Interpersonal intelligence is a concept introduced by Howard Gardner as part of his theory of multiple intelligences. It refers to the ability to understand and interact effectively with other people. People who possess interpersonal intelligence are skilled at recognizing and understanding the emotions, motivations, and intentions of others. They are also able to communicate effectively and build strong relationships with others.
Explanation:
Listening, social intelligence, and effective communication are all elements of interpersonal intelligence. Effective leaders, teachers, and counsellors are frequently those with good interpersonal intelligence. They are capable of building a solid connection with others and earn their trust and respect. Emotional intelligence, which is increasingly acknowledged as a key component of both personal and professional success, includes interpersonal intelligence.
The capacity to comprehend and work well with others is referred to as interpersonal intelligence. Effective verbal and nonverbal communication, the capacity to recognize individual differences, and sensitivity to others' moods and temperaments.
How does one define intrapersonal intelligence?Intrapersonal intelligence is the ability to reflect on oneself, to be aware of one's own strengths and limitations, feelings, and mental processes—all of which go to make up one's own self-knowledge.
What role does interpersonal intelligence play?Being more interpersonally intelligent can help you communicate with others more effectively. It might enable you to make more sincere acquaintances or turn out to be a reliable source of emotional stability and support.
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researching investments online can be valuable because
Answer:
Researching investments online can be valuable because: If the information is trustworthy it can provide a recent status of the investment. Also, online research tools provide the ability to find a great number of diverse investments
Explanation:
Answer:
d) You can track stock value trends over time
Explanation:
How does the practice of fractional reserve banking affect banks?
OA. It ensures that banks always have cash reserves equal to their
OB. It allows banks to keep only a small percentage of their deposits in
OC. It gives banks the freedom to change interest rates on loans at
total deposits.
reserve.
any time.
OD. It prevents banks from profiting off loans they provide with
deposited funds.
Answer:
It allows banks to keep only a small percentage of their deposits in reserve.
Explanation:
A fractional reserve system requires commercial banks to maintain only a percentage of their customer deposits at their custody at any time. It means that at any time, only a fraction of deposits will have physical cash backing. The commercial banks' regulator determines the fraction or percentage of deposits to be maintained.
The reserves maintained services to cater to regular and any abnormal withdrawals. Commercial banks usually loan out the other fraction to other customers. Reserves are also a monetary policy tool.
Answer:
Explanation:
It allows banks to keep only a small percentage of their
Outline and describe the different forms of Communication and further explain how they are important in an organization. Provide practical example to support your discussion.
La comunicación desempeña un papel fundamental en el funcionamiento de una organización, ya que permite la transmisión de información, ideas, instrucciones y retroalimentación entre los miembros del equipo. Existen varias formas de comunicación que se utilizan en un entorno organizacional. A continuación, describiré algunas de las formas más comunes:
Comunicación verbal: Es el uso de palabras habladas para transmitir información. Puede ser en forma de reuniones, conversaciones cara a cara, llamadas telefónicas o videoconferencias. La comunicación verbal es rápida y permite una interacción directa entre las personas, lo que facilita la clarificación de dudas y la resolución de problemas en tiempo real. Por ejemplo, durante una reunión de equipo, los miembros pueden discutir ideas, compartir actualizaciones y tomar decisiones conjuntas.
Comunicación escrita: Implica el uso de palabras escritas para transmitir información. Esto incluye correos electrónicos, mensajes de texto, informes, memorandos y documentos formales. La comunicación escrita es útil cuando se requiere un registro permanente de la información y proporciona la oportunidad de revisar y editar antes de enviar el mensaje. Por ejemplo, un gerente puede enviar un correo electrónico detallando las metas y objetivos del proyecto a su equipo para asegurarse de que todos estén al tanto de las expectativas.
Comunicación no verbal: Se refiere a la transmisión de información sin el uso de palabras. Incluye gestos, expresiones faciales, lenguaje corporal y tono de voz. A menudo, la comunicación no verbal puede transmitir emociones y actitudes que pueden complementar o contradecir el mensaje verbal. Por ejemplo, durante una presentación, el lenguaje corporal de un orador puede transmitir confianza y entusiasmo, lo que refuerza su mensaje.
Comunicación formal: Se lleva a cabo a través de canales oficiales y estructurados dentro de la organización. Esto incluye comunicaciones descendentes, como anuncios y políticas de la gerencia hacia los empleados, así como comunicaciones ascendentes, como informes de estado y retroalimentación de los empleados hacia los superiores. La comunicación formal es importante para establecer líneas claras de autoridad y responsabilidad, así como para garantizar la coherencia en la información transmitida.
Comunicación informal: Se produce a través de interacciones sociales no estructuradas entre los miembros de la organización. Esto puede incluir conversaciones informales en el lugar de trabajo, interacciones en las pausas para el café o discusiones en grupos de chat en línea. La comunicación informal es valiosa para fomentar la camaradería, construir relaciones y facilitar el intercambio de ideas no convencionales. Por ejemplo, en un entorno de trabajo abierto, los empleados pueden compartir ideas innovadoras durante una conversación informal en la sala de descanso.
La importancia de estas formas de comunicación en una organización radica en que permiten la colaboración efectiva, la toma de decisiones informada, la resolución de problemas, la coordinación de tareas y la creación de un ambiente de trabajo positivo. Una comunicación clara y efectiva evita malentendidos, reduce los errores, mejora la productividad y fortalece la cohesión del equipo.
Un ejemplo práctico podría ser una empresa de desarrollo de software. En este caso, la comunicación verbal sería esencial para que los miembros del equipo discutan los requisitos del proyecto, compartan actualizaciones diarias y resuelvan problemas en las reuniones diarias de puesta al día (stand-up meetings). La comunicación escrita sería crucial para documentar los requisitos, especificaciones técnicas y cronogramas del proyecto, así como para enviar correos electrónicos y mensajes de chat con actualizaciones y solicitudes de retroalimentación. La comunicación no verbal también tendría un papel importante, ya que el lenguaje corporal y las expresiones faciales en las reuniones ayudarían a transmitir confianza y apoyo entre los miembros del equipo. En cuanto a la comunicación formal, se utilizarían informes de estado y presentaciones formales para mantener a la alta dirección informada sobre el progreso del proyecto. Por último, la comunicación informal se daría en momentos de descanso, donde los empleados podrían discutir ideas, plantear desafíos y fomentar la creatividad en un ambiente más relajado
Answer:
There are several different forms of communication that are important in an organization. These include:
1. Verbal communication: This is the use of spoken words to convey a message. Verbal communication is important in an organization because it allows employees to communicate with each other and with customers. For example, a salesperson might use verbal communication to explain the features of a product to a customer. Another example is a team meeting where employees discuss project updates and share ideas.
2. Nonverbal communication: This is the use of body language, gestures, and facial expressions to convey a message. Nonverbal communication is important in an organization because it can convey emotions, attitudes, and intentions. For example, a manager might use nonverbal communication to show approval or disapproval of an employee's performance. Another example is a job interview where the interviewer might use nonverbal communication to assess the candidate's confidence and professionalism.
3. Written communication: This is the use of written words to convey a message. Written communication is important in an organization because it provides a permanent record of communication. For example, an email can be used to communicate project updates, deadlines, and other important information. Another example is a report that summarizes the results of a project.
4. Visual communication: This is the use of images, graphs, and other visual aids to convey a message. Visual communication is important in an organization because it can help to simplify complex information and make it easier to understand. For example, a chart can be used to show sales trends over time. Another example is a video that demonstrates how to use a product.
All of these forms of communication are important in an organization because they allow employees to share information, ideas, and feedback. Effective communication can also help to build trust and relationships between employees, customers, and partners. For example, if a customer has a positive experience with a salesperson, they are more likely to return to the organization in the future.
A practical example of the importance of communication in an organization is a team project. Effective communication is essential for the success of the project. Team members need to be able to communicate their ideas, concerns, and progress to each other in order to stay on track and meet deadlines. This might involve verbal communication in team meetings, written communication in project reports, and visual communication in presentations. Without effective communication, the project is likely to fail.
It is easier to start your own business in what economy
Answer:
New Zealand
I hope this helps :)
You decide to decrease the price of your product to increase total sales revenue, because you believe your product's demand is
A) perfectly inelastic
B) unit elastic
C) price elastic
D) price inelastic
Answer:
C) price elastic.
Explanation:
Problem 8, MacroSoft Inc. has capitalized $600,000 of software costs. Sales from this product were $360,000 in the first year. MacroSoft estimates additional revenues of $840,000 over the product’s economic life of 5 years.
Instructions
Prepare the journal entry to record software cost amortization for the first year. Show all computations.
Journal Entry:
Date: [First year-end date]
The amortization expense for the first year is $120,000.
Debit: Amortization Expense - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Credit: Accumulated Amortization - Software Cost - Year 1 ($600,000 / 5 years) = $120,000Explanation:To record the software cost amortization for the first year, we need to allocate a portion of the capitalized software costs as an expense. Since the software has an estimated economic life of 5 years, we divide the total software cost ($600,000) by 5 to determine the annual amortization expense. In this case, the amortization expense for the first year is $120,000. We debit the Amortization Expense - Software Cost account to recognize the expense and credit the Accumulated Amortization - Software Cost account to accumulate the amortization over time.For more such questions on Journal Entry
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Southern Corporation has a capital structure of 40% debt and 60% common equity. This capital structure is expected not to change. The firm's tax rate is 34%. The firm can issue the following securities to finance capital investments: Debt: Capital can be raised through bank loans at a pretax cost of 7.2%. Also, bonds can be issued at a pretax cost of 6.4%. Common Stock: Retained earnings will be available for investment. In addition, new common stock can be issued at the market price of $68. Flotation costs will be $3 per share. The recent common stock dividend was $3.54. Dividends are expected to grow at 7% in the future.
Required:
What is the cost of capital if the firm uses bank loans and retained earnings?
Answer: 9.44%
Explanation:
Find the cost of equity using the Gordon Growth model:
Price of stock = Next dividend/ (Cost of equity - growth rate)
68 = (3.54 * 1.07) / (Cost of equity - 7%)
(Cost of equity - 7%) * 68 = 3.79
Cost of equity - 7% = 3.79 / 68
Cost of equity = 3.79 / 68 + 7%
= 12.57%
Cost of debt is the cost using bank loans of 7.2%
Cost of Capital:
= (Weight of debt * Cost of debt * (1 - tax)) + (Weight of equity * cost of equity)
= (40% * 7.2% * ( 1 - 34%)) + (60% * 12.57%)
= 9.44%
Linda needs fresh fruits and vegetables so she decides to go grocery
shopping. According to Maslow's hierarchy of needs, which category of
needs does this fall under?
A. Physiological
B. Esteem
C. Affiliation
D. Safety
Answer:physiological
Explanation:
According to Maslow's hierarchy of needs, the Physiological category of needs is this condition. Thus, option A is correct.
What is Maslow's hierarchy of needs?According to Maslow's theory, a model of motivation, a person's conduct is determined by 5 categories of basic human needs. These needs include that physiology, safety, belongingness, respect, and self-actualization.
The base of Maslow’s model of requirements is biological requirements for human survival. They seem to be the things a man needs the most in order to live. Linda chooses to go shopping since she needed fresh produce. shopping.
They encompass the requirements for food, clothing, comfort, rest, and healthcare. At about this level, a human's drive stems from their survival instinct. Therefore, option A is the correct option.
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If you deposit $100.00 into a savings account EACH month, how much
will you have at the end of the year if your account pays 6%
Answer:
100×12=1200
1200×6%=72
1200+72=1272
00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]
The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.
Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.
Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.
Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.
Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.
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in double-entry accounting where should you record money that is leaving your company to pay bills
Answer:
In the debits column
Explanation:
i looked it up
Answer:
not A
Explanation:
Which tends to be a riskier investment - corporate bonds or government bonds? Why?
Corporate bonds are more riskier investment than government bonds.
Corporate bonds are debt which is issued by the company and sold to the investors.
Company issues bonds when they needs capital .They are high interest yielding than government bonds. These bonds are traded in he secondary market . Investors when buy these bonds which means that he is lending money to the company , in return gets series of interest payments.
Government bonds are fixed income investments.
The range of government bond is more than corporate bonds as government bonds tenors goes out upto 30 years.
Corporate bonds returns are higher than governments bonds , more the return more risk.
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Type the correct answer in the box. Spell all words correctly. Helena showed a sample group of people some images that were taken from her company's recent ad. The brand name was not shown in the advertisement. The sample group was asked to identify the brand in the ad. What is Helena testing by asking this question? Helena is testing by asking this question.
Helena is conducting a brand recognition test to determine how effective the company's recent advertisement was in promoting brand awareness.
By showing a sample group of people images from the ad without displaying the brand name, Helena is measuring the strength of the brand's visual identity and whether it can be recognized without the aid of a brand name.\
This type of testing is important for companies because it helps them evaluate the effectiveness of their advertising campaigns. By measuring brand recognition, they can determine if their ads are reaching their intended audience and if they are effectively communicating the brand message. This information is valuable for making informed decisions about future advertising campaigns and marketing strategies.
Overall, Helena's brand recognition test is a valuable tool for measuring the effectiveness of the company's recent ad campaign and understanding how well the brand is recognized in the market. By using this information, the company can make informed decisions about future advertising and marketing efforts to improve brand recognition and increase sales.
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Cash flows from investing activities include each of the following except:
Multiple Choice
-Payments to purchase plant assets.
-Proceeds from collecting accounts receivable that arise from customer sales.
-Payments to buy intangible assets.
-Payments to acquire long-term investments.
-Proceeds from the sale of equipment
Investing-related cash flows consist of all of the following, with the exception of earnings from recovering receivables resulting from consumer purchases. The correct option is option b.
The cash generated or spent in relation to investment operations is shown in the cash flow from investing activities portion of the cash flow statement.
Purchasing tangible assets, buying and holding securities, and selling securities and/or assets are all examples of investing activities.
The cash flow from investing activities is one of the sections on the cash flow statement that shows how much money was produced or spent on various investment-related activities during a specific time period (CFI).
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What does it mean to trust intent to avoid conflict
Answer:
If you don't trust the other party, you can't resolve conflict with them. You may even come to an agreement but without trust, you won't stick to it. ... In negotiations, parties who trust each other are more likely to cooperate and reveal information that may risk vulnerability.
in the united states ,dollar bills, , and dimes are representative money
Answer:
In the United States, dollar bills, nickels, and dimes are Representative money It can be exchanged for a valuable good, was used in systems involved a "gold standard", and can be traded for a commodity such as silver.
1.
Which example demonstrates how a toll road can address a negative externality?
A building a gas station with an exit from the toll road
B.O using the toll fees to maintain a public park
using the toll fees to reduce air pollution
encouraging drivers to use the toll road
The example that demonstrates how a toll road can address a negative externality is by using the toll fees to reduce air pollution.
Toll roads can implement a system where a portion of the collected fees is allocated towards initiatives aimed at mitigating the environmental impact of vehicles.
This can be done by investing in green infrastructure, such as electric vehicle charging stations, promoting the use of cleaner fuels, or funding research and development of eco-friendly transportation technologies.
By using toll fees to reduce air pollution, toll road operators are effectively internalizing the external cost associated with vehicle emissions. This helps address the negative externality of air pollution caused by traditional gasoline or diesel-powered vehicles.
By encouraging the adoption of cleaner and greener transportation options, toll roads can contribute to improved air quality, reduced greenhouse gas emissions, and a more sustainable environment.
Furthermore, this approach also incentivizes drivers to choose the toll road over alternative routes, as they can actively participate in reducing the negative externalities of their own transportation choices.
By aligning financial incentives with environmental goals, toll roads can play a significant role in promoting sustainability and addressing negative externalities associated with transportation.
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A company purchased $2,900 of merchandise on July 5 with terms 1/10, n/30. On July 7, it returned $500 worth of merchandise. On July 8, it paid the full amount due. The amount of the cash paid on July 8 equals:
Answer: $2376
Explanation:
Based on the information given in the question, the amount of the cash paid on July 8 will be calculated as the difference between the net sales and the discount.
Net sales = $2900 - $500 = $2400
Discount = $2400 × 1% = $24
Therefore, The amount of the cash paid on July 8 will be:
= $2400 - $24
= $2376
Global marketing strategies that affect customer volume include strategies that: Attract new customers to grow in market share. Grow the market demand by bringing more customers into a market. Enter new markets to create new sources of customer volume Require some level of marketing effort to achieve a certain level of market share. A. (i), (iii) and (iv) B. (i), (ii) and (iii) C. (i) and (ii) only D. (i), (ii), (iii) and (iv)
The option D is true as all the statements refers to the global marketing strategies that affect the customer.
What are Global marketing strategies?Global marketing strategies are a part of an overall business plan. It is the process of adjusting the marketing strategies of a company to better fit the needs of potential customers in other countries.
Entering a new international market can give a company access to a new customer base, which can increase company revenue.
This may also have several other benefits, such as reduced labor costs, access to additional resources, and the ability to diversify risks.
Hence, Option D is true as it covers all the Global marketing strategies that affect customer volume.
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Edison Consulting received a $310 utilities bill and immediately paid it. Edison's general journal entry to record this transaction will include a: Multiple Choice Debit to Utilities Expense for $310. Credit to Accounts Payable for $310. Debit to Cash for $310. Credit to Utilities Expense for $310. Debit to Accounts Payable for $310.
Based on the amount received and the account it was, the corresponding entry will be Debit to Utilities Expense for $310.
How to treat expensesExpenses are treated as a debit in the books which means that when expenses increase, they are debited to their relevant accounts.
As an expense of utilities was received in this scenario, it will have to be debited to the Utilities account.
In conclusion, option A is correct.
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A cover letter should _____ a résumé. replace complement contradict be sent separately from
Answer:
complement
Explanation:
A cover letter or a Job application letter and the resume are sent together to potential employers. The cover letter details the position being applied for and the applicant's specific skills and experiences for that position. The letter allows the applicant to elaborate on why they are the best candidate for the job.
A resume provides the technical aspects of the applicant, but the cover letter show shows their personality. The applicant demonstrates their passion, interest, and why hiring them is the best decision in the cover letter. Therefore, a cover letter complements the resume.
As an investor you want to choose between two countries-Japan and South Korea. Suppose Japan's nominal interest rate is 12 percent and inflation rate is 7 percent, while South Korea's is 7 percent and 3 percent respectively. Where would you invest and why?
Answer:
South Korea
Explanation:
That is because south korea has low inflation rate.
Benchmark Company is viewed as the best company in Iffy's industry, the company against which all other companies in the industry compare themselves.
Which ONE of the following statements is TRUE?
The following DuPont framework ratios are for Iffy Company and Benchmark Company:
Iffy | Benchmark
Return-on-Sales (5%%) | (7%)
Asset Turnover (2.0) | (1.5)
Assets-to-Equity (2.0) | (2.0)
(B) Iffy | Benchmark Return-on-Sales (5%%) | (7%) is true about Benchmark Company is viewed as the best company in Iffy's industry
what is Benchmark ?Benchmarking is the process of contrasting corporate procedures and performance indicators with industry benchmarks and other businesses' best practices. The three main metrics are quality, time, and cost.
What is a benchmark example?Benchmarks, for instance, could be used to compare the operations of one retail location with those of another location in the same chain. External benchmarking, also known as competitive benchmarking, evaluates a company's performance in relation to that of other businesses.
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the following balance where extracted from the book of Alfsal, a sole trader as at 31/12/2014 capital 198000 ,drawing 10700, building 300000, office equipment (cost le 22000) 15000, patent 24000, delivery van at cost63000, Accumulated depreciation delivery vans 14000, stock 01/01/2014 29000, sale485,000, purchase 196000, return outward 5300, return inward 17000, creditor 21900, debtor 34800, discount received 1400, wages and salaries 105,000, general expenses 13000,stationary 4800, tem loan(received on 01/04/2014) 50,000. vat 17300. provision for bad debts 2500. Advertising 5700. insurance 9,000. loan interest paid 1,000. bank42,600. PRSI/USU 10,200. profit and loss balance 01/01/2014 65,000. you are given the following aditional information: stock for resale at 31/12/2014 was le 19,000. stationary paid in advance was le 1,200. provision should be made for interest due on loan. the rate of interest is 6%per annum. wages and salaries are to be divided 75%for employees and drawings. building 10% of cost. delivery van 10% of net book value. office equipment 20% of cost. provision for bad debts is to be adjusted to 10% of debtors . you are required to prepare a trading and profit and loss account for the year ended 31/ 12/2014. balance sheet as at 31/12/2014.
Here is the trading and profit and loss account for the year ended 31/12/2014:
The Trading and Profit and Loss AccountFor the year ended 31/12/2014
Particulars Amount
Sales €485,000
Less: Cost of Goods Sold €196,000
Gross Profit €289,000
Less: Expenses
- Wages and Salaries (75%) €78,750
- General Expenses €13,000
- Stationary €4,800
- VAT €17,300
- Provision for Bad Debts €3,480
- Advertising €5,700
- Insurance €9,000
- Loan Interest €600
- PRSI/USU €10,200
Net Profit €157,370
Here is the balance sheet as at 31/12/2014:
Balance Sheet
As at 31/12/2014
Assets Liabilities
Cash €42,600
Bank €1,200
Debtors €34,800
Stock €19,000
Capital €213,570
Drawings €10,700
Building €300,000
Office Equipment €15,000
Patent €24,000
Delivery Vans €49,000
Accumulated Depreciation €28,000
Provision for Bad Debts €3,730
Loan €50,000
Profit and Loss €157,370
Total €618,570
Total €618,570
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Which of these would most likely be funded through a Community Facilities District?
Answer:
what ones there's only the question not the answers
Microsoft sells its wireless laser desktop mouse and keyboard for $70. Unit variable costs are$45.60 and fixed costs associated with this product total $277,200.
a. What is the break-even point in units?
b. What is the net income or loss if 40,000 units are sold?
Answer:
11,361 units and profit $698,800.00
Explanation:
The break-even point is obtained by dividing fixed costs by contribution margin per unit.
Break-even =fixed costs/contribution margin per unit
In this case, fixed costs are $277,200.
Contribution margin per unit = selling price- variable cost
= $70 - $45.60
=$24.60
Break-even point in units will be
=$277,200/$24.60
=11,361 units
Net income after sales of 40,000 units
Total revenue =sales x volume
=$70 x 40,000
=$2,800,000.00
net income will be $2,800,000.00 -( variable costs+ fixed costs)
=$2,800,000.00- {($45.60 x 40,000) + $277,200}
=$2,8000,000.00 -($1,824,000.00 + $ 277,200)
=$2,8000,000.00- $2,101,200.00
=$698,800.00
A profit of $698,800.00
Cost of goods manufactured in a manufacturing company is analogous to
A product sells for $30 per unit and has variable costs of $18 per unit. The fixed costs are $720,000. If the variable costs per unit were to decrease to $15 per unit, fixed costs increase to $900,000, and the selling price does not change, break-even point in units would:
Answer:
remain the same
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
Initial Breakeven quantity = $720,000 / ($30 - $18) = 60,000
New Breakeven quantity = $900,000 / ($30 - $15) = 60,000
Breakeven point remained the same
During civil lawsuit, proceedings regarding alcohol, service courts will try to determine if the
During civil lawsuit proceedings regarding alcohol service, courts will try to determine if the designated driver was present and remained sober.
How do courts determine the presence and sobriety?During civil lawsuit proceedings involving alcohol service, courts aim to establish whether a designated driver was present and this determination is crucial in cases where establishments or individuals are being held accountable for over-serving alcohol to a patron who later caused harm or injury due to impaired driving.
The court may consider various forms of evidence such as witness testimonies, surveillance footage, receipts indicating non-alcoholic purchases or the designated driver's own account of their sobriety. It court may evaluate the credibility and reliability of the designated driver's actions and statements throughout the relevant time period.
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