Business, 11.02.2020 19:47, Ellafrederick
The break-even point is that level of activity where:
1. total contribution margin equals the sum of variable cost plus fixed cost.
2. contribution margin equals fixed cost.
3. variable cost equals fixed cost.
4. sales revenue equals total variable cost.
5. sales revenue equals fixed cost.
Answers: 3
Business, 21.06.2019 14:20, tiggyandrep2dbee
Suppose that each firm in a competitive industry has the following costs: total cost: tc=50+12q2tc=50+12q2 marginal cost: mc=qmc=q where qq is an individual firm's quantity produced. the market demand curve for this product is: demand qd=160−4pqd=160−4p where pp is the price and qq is the total quantity of the good. each firm's fixed cost is.
Answers: 3
Business, 22.06.2019 11:30, fjjjjczar8890
Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
Answers: 2
The break-even point is that level of activity where:
1. total contribution margin equa...
1. total contribution margin equa...
Computers and Technology, 13.11.2019 00:31