After identifying a gap in the soft drinks market, jerome developed a low sugar drink. he borrowed $5000 from family and friends to start up a business and to provide working capital. jerome operates as a sole trader. to promote his product, jerome handed out free samples in town centre. in the first year, jerome's business sold 10000 units. this is 200 units more than his break even output. jerome is considering ways to increase added value. outline two ways that break even information can help jerome's business?

Answers

Answer 1

Jerome can use break-even analysis to calculate the amount of income or the number of items needed for the business to become profitable.

Break-even analysis can be used by Jerome since it will assist him to increase added value while preventing costs from drastically shifting.

The point at which total revenue and total cost are equal is known as the break-even point. The amount of income or the number of units required to pay all of your company's costs is determined by a break-even study. You won't be making or losing money at break-even, but all of your business's expenses will have been paid.

When your business, service, or product will begin to earn a profit, you may predict it using a financial tool called a break-even analysis. It is a mathematical formula used to calculate how many goods or services a business must sell to cover costs, particularly fixed costs.

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Related Questions

Many companies perform lengthy inspections of their suppliers that involve long-term visits and evaluations. there programs are often called?

Answers

Many companies conduct extensive supplier inspections that require repeated visits and assessments. These programmes are frequently known as Supplier certification program .

What is Supplier certification program ?

The supplier certification is a component of a bigger supplier quality management plan. In essence, it's a procedure that enables the company to manage its connection with its suppliers so that they work together as a single unit to provide value for all stakeholders. The supplier certification outlines the minimal standards that the provider must meet in order to be hired. Continuous improvement is the goal of this procedure. It facilitates the process of finding suppliers who can meet the needs of the business.It makes it possible to acquire an accurate assessment of the suppliers' potential, enabling wise and secure financial and investment decisions.Utilizing supplier certification also makes it possible to bypass procedures like inspection. It establishes regulations and uniform procedures for managing suppliers.

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Manny is attending college and majoring in economics. manny is improving his scarce resource of:_________
a. land.
b. natural resources.
c. labor.
d. innovation.
e. capital.

Answers

The correct answer is (e) capital.

The total amount of financial resources needed to create goods or services is referred to as capital in the business world. This cash may be employed to start up operations, cover ongoing costs, or develop and extend the company.

What exactly does capital in education mean?

In the context of the educational system, educational capital refers to educational assets that are transformed into commodities that may be purchased, sold, withheld, exchanged, consumed, and benefited from.

How are social capital and education related?

In the shape of the school's academic and disciplinary atmosphere, as well as the cultural norms and values that inspire students to pursue more challenging objectives, social capital promotes success and education. According to Putnam, social capital in schools has a significant impact on the development of children and adolescents.

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Which broad field of economics would most likely study how consumers respond to a hike in cigarette taxes?

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The broad field of Microeconomics would most likely study how all consumers respond to a hike in cigarette taxes.

What is Microeconomics?

Microeconomics is a branch of social science that focuses on the effects of incentives and choices, particularly how they affect how resources are used and distributed.

Microeconomics explains how and why different things have varying values, how people and firms conduct themselves and profit from efficient production and trading, and how people can work together and coordinate their efforts to the greatest extent possible. Typically, microeconomics offers a more thorough and in-depth understanding than macroeconomics.

Microeconomics is the study of how people make decisions in response to changes in incentives, pricing, resources, and/or production processes. People are frequently categorized into microeconomic subgroups as customers, sellers, and business owners.

These organizations use money and interest rates as a price mechanism to coordinate the supply and demand for resources.

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In the current debate over the morality of stem cell research, a utilitarian would most likely hold that?

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In the current debate over the morality of stem cell research, a utilitarian would most likely hold that. Yes, a utilitarian would most likely believe that stem cell research is moral because the potential benefits outweigh any harm to non-sentient embryos in the present debate over its morality.

Because it is expensive and ineffective as a deterrence to crime, capital punishment should not be permitted. Individual interests are taken into account when making moral decisions.

The results of individual actions are taken into account when making moral decisions. The only arguments used to support the use of the death sentence for major crimes like murder are those that are utilitarian in nature.

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The balance has an internal mechanism other than a dial that adds weight to the balance. this internal mechanism is called the?

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The undamped torsion balance has an internal mechanism other than a dial that adds weight to the balance. This internal mechanism is called the rider.

What is the meaning of mechanism?

The term mechanism can be defined as a structure or arrangement of moving elements that performs a certain purpose, particularly in a technology.

In addition to a dial, an undamped torsion balance has an internal mechanism that gives weight. The rider is the name given to this internal system.

Therefore, it can be concluded that the correct term for the blank (a) is   undamped torsion and for the blank (b) is rider.

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Your question is incomplete, but most probably the full question was...

The [a] balance has an internal mechanism other than a dial that adds weight to the balance. This internal mechanism is called the [b].

True manuscript presentations can be boring unless the speaker has thoroughly practiced verbal and nonverbal expressions.
a. true
b. false

Answers

The statement that True manuscript presentations can be boring unless the speaker has thoroughly practiced verbal and nonverbal expressions is TRUE.

What is the importance of verbal and nonverbal expressions?

When having a true manuscript presentation, it is up to the speaker to make it as lively as possible.

The speaker can avoid being boring by practicing and using a range of verbal and nonverbal expressions to convey the true emotion that the manuscripts were meant to convey.

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Each product item in the product mix may require a separate marketing strategy. question 3 options:
a. true
b. false

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Each product item in the product mix may NOT require a separate marketing strategy. Thus, the answer is FALSE.

The full range of goods and/or services that a company provides is referred to as "product mix", often known as its "product assortment" or as others call it "product portfolio". These terms describe the total number of product lines that a business can provide to its clients or consumers.

For instance, your business might market several product lines such as a dish washing liquid company also manufacture laundry soaps and fabric conditioners.

Actually, product mix differ amongst businesses. Some companies have numerous product lines within their firm, each with a large number of product items. But some establishments have even more restrictions but they all do not require separate marketing strategy for each product.

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When product prices change, consumers are inclined to purchse larger amounts of the now cheaper products and less of the now more expensive products. this describes?

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When product prices change, consumers are inclined to purchse larger amounts of the now cheaper products and less of the now more expensive products. This describes Substitution effect.

What is Substitution effect?The substitution effect is one of two factors that affect how much a change in a good's price has an impact on how much of that good a customer demands, with the other being the income effect, in economics and more specifically in consumer choice theory.When a product's price increases, consumers may transfer to less expensive substitutes, which results in a decline in sales known as the substitution effect. The substitution effect typically takes effect when the cost of a good or service rises but the buyer's income remains constant.Therefore, it is possible to imagine the substitution effect as a movement along the same indifference curve. It causes a shift in consumption from point X to point Y as a result.

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A large increase in the supply of hd-tv sets occurs simultaneously with a smaller decrease in its demand. as a result the equilibrium price will?

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The answer to this question is :decrease.

When Demand decreases, it suggests that customer now is much less inclined to purchase that certain products.

This unwillingness will began to drives the price down. During this period, Sellers will start to create greater effort to promote the remaining products so they ought to achieve the best possible price possible.

How does the equilibrium rate exchange when furnish for a accurate will increase or decreases?

An extend in supply, all other things unchanged, will purpose the equilibrium fee to fall; extent demanded will increase. A decrease in supply will purpose the equilibrium fee to rise; quantity demanded will decrease.

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A stock can go up, go down, or stay unchanged. how many possibilities are there if you own 8stocks?

Answers

There are three possible outcomes for the stock: up, down, or unchanged. The three options are the same for each stock.

A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess. Most individual investors' portfolios are built on stocks, which are primarily bought and sold on stock exchanges. Government standards designed to shield investors from dishonest tactics must be followed during stock trades.

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Verifying accounts receivable and insurance policies with customers and is done to test the ______ assertion.

Answers

The correct answer is existence.

The claim that the assets, liabilities, and shareholder equity balances shown on a company's financial statements exist as of the end of the accounting period that the financial statement covers is known as the assertion of existence.

Which 5 accounting assertions are there?

The following five statements on how information is presented in the financial statements and related disclosures are categorized as assertions:

a) accuracy.

b) a state of completion.

c) an occurrence.

d) rights and responsibilities.

e) understandability.

The existence claim is supported by the balances of the assets, liabilities, and equity that are shown in the financial statement. For instance, it is the auditor's responsibility to confirm the presence of inventory that is listed on the balance sheet as having a $10,000 cost. Verifying the balances of the accounts receivable follows the same procedure.

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A form of business ownership that provides limited liability, as in a corporation, but is taxed like a partnership is a(n)?

Answers

A form of business ownership that provides limited liability, as in a corporation, but is taxed like a partnership is a(n) limited liability company (LLC).

What Is a Limited Liability Company (LLC)?

In the United States, a limited liability company (LLC) is a type of corporate structure that shields its owners from being held personally liable for the obligations of the firm. Limited liability companies are hybrid legal entities with traits shared by corporations, partnerships, and sole proprietorships.

The provision of flow-through taxes to the members of an LLC is a feature of a partnership rather than an LLC, despite the fact that the limited liability aspect is similar to that of a corporation.

A corporate form known as a limited liability company (LLC) shields its owners from being held personally liable for the obligations of the company.

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If productivity on australian wheat farms does decrease, the fall in productivity _______ the opportunity cost of producing wheat in australia. the quantity of wheat australia exports _______.

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If productivity on Australian wheat farms does decrease, the fall in productivity increases the opportunity cost of producing wheat in Australia. the quantity of wheat Australia exports Decreases.

What is productivity?

Productivity can be described as the  efficiency of production of goods or services, however the  Measurements of productivity  can be seen in the  ratio of an aggregate output to a single input .

Therefore, If productivity on Australian wheat farms does decrease, the fall in productivity increases the opportunity cost of producing wheat in Australia. the quantity of wheat Australia exports Decreases.

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If there is a debit balance in manufacturing overhead after overhead has been applied to all jobs it means overhead was:_________

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If there is a debit balance in manufacturing overhead after overhead has been applied to all jobs it means overhead was more than the overhead costs applied to jobs.

What is a manufacturing overhead?

In manufacturing, an overhead means the ongoing costs to operate a business but excludes the direct costs associated with creating a product or service: it be fixed, variable, or a hybrid of both

As it means an ongoing business expenses not directly attributed to creating a product or service, it is also important for budgeting purposes and for determining how much a company must charge for its products or services to make a profit. In short, it is used to support the business while not being directly related to a specific product or service..

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Which career professional would work at a publishing company? radio mechanic fine artist musician prepress technician

Answers

Hi!

Prepress technician

Answer:

D

Explanation:

prepress technician

Edgn2022

How does the problem of limited and bundled choice in the public sector relate to economic efficiency? why are public bureaucracies possibly less efficient than firms?

Answers

The answer is limited and bundled choice within the political process tends to reduce economic efficiency because blocks of public goods and social programs are provided. That is, rather than evaluating each public good and social program on its respective costs and benefits the politician chooses all programs together.

If the general public sector, a bureaucracy, fails to use its resources efficiently then the market isn't there to discipline it. during this case, the bureaucracy continues to work inefficiently. However, bureaucracies provide public goods and social services that remedy potential market failures through regulation and direct provision. Thus, the market analogy might not apply.

Bureaucracy comes from the word bureaucracy which is defined as an organization that has a chain of command in the shape of a pyramid, where more people are at the bottom level than at the top level, usually found in civil and military agencies.

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Twin oaks uses ________ to communicate to customers the value of the brands it represents because it believes it to be the most important type of marketing.

Answers

Twin Oaks uses word-of-mouth marketing, which it considers to be the most significant form of advertising, to let customers know how valuable the companies it represents are.

phrase-of-mouth advertising is crucial since it works to reinforce income, advertise items and services, boost logo awareness, and domesticate a devoted purchaser base. Many groups use tactics to inspire clients to percentage quality reviews and suggest their offerings and/or merchandise. corporations essentially act as the spark that ignites a flurry of client communique, and given that research display that most of the people of human beings accept as true with the critiques of buddies and family, relying on phrase-of-mouth advertising can be greater high-quality and cost-powerful than different types of advertising and marketing.

advertising and marketing strategies used by corporations to encourage customers to express their levels of satisfaction with their offerings or items are called phrase-of-mouth advertising. those tactics include gifts, competitions, and subsidized influencers.

emblem loyalty programs reward customers for returning commercial enterprise and offer them with forums to express consumer remarks.

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Ten years ago, you put $150,000 into an interest-earning account. today it is worth $275,000. what is the effective annual interest earned on the account?

Answers

The effective annual interest earned on the account is 6.25%

What is the future value of $150,000 invested for 10 years?

The fact the initial deposit of $150,000 turns to $275,000 over a period of 10 years, means that the future value of $150,000 deposited over 10 years is $275,000, in other words, using the future value formula of a single cash flow, we can determine the effective annual interest rate.

FV=PV*(1+r)^N

FV=future value=$275,000

PV=initial deposit=present value=$150,000

r=effective annual interest rate=unknown

N=number of years that deposit lasted=10

$275,000=$150,000*(1+r)^10

$275,000/$150,000=(1+r)^10

1.83333333333333=(1+r)^10

(1.83333333333333)^1=(1+r)^10

divide indexes on both sides by 10

(1.83333333333333)^(1/10)=1+r

r=(1.83333333333333)^(1/10)-1

r=6.25%

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When a team leader persuades team members to double-check the results of a survey, he is using his __________ to persuade others to follow his orders.

Answers

The process of creating a cohesive team—a group of people structured to work together to realize their purpose and goals—from a collection of individuals who each contribute to the team is known as team building.

What is team building?

The word "team building" refers to a variety of activities, frequently requiring cooperative work, that are designed to improve social relationships and clarify responsibilities within teams. It differs from team training, which is created by a group of business managers, OD/learning (internal or external), and an HR Business Partner (if the position exists) to increase productivity rather than interpersonal relationships.

Small ocean-going rafts have been constructed by these teams as part of a team-building activity.

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A(n) ________transaction involves an exchange between the company and a separate economic entity. (enter one word per blank)

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A(n) external transaction involves an exchange between the company and a separate economic entity.

What is an external transaction?

This is the term that is used to refer to the exchange of values that would happen between two different entities, The exchange can be seen in the form of an external transaction that would take place between the entities and the companies.

Hence we can say that A(n) external transaction involves an exchange between the company and a separate economic entity.

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All of the following are permitted investments in individual retirement accounts except: _______
a. u.s. minted gold coins
b. u.s. issued securities
c. commodity futures
d. bank certificates of deposit

Answers

The correct option is (c) commodity futures

All of the following are permitted investments in individual retirement accounts except commodity futures.

What is an individual retirement account called?

A retirement saving account known as an Individual Retirement Account (IRA) is set up with a bank or brokerage company and offers tax advantages to investors who put money away for their retirement. An individual, a self-employed person, or a small business owner can open an IRA.

An IRA, or individual retirement account, is a retirement account that allows you to postpone paying taxes until you withdraw the money. Similar to a 401(k), but with your choice and management of the account as opposed to your employer managing the account.

The best option is a Roth IRA or 401(k) if you're certain that your retirement income will be larger than it is now. A typical IRA or 401(k) is probably your best bet if you anticipate that your income (and tax rate) will be lower in retirement than they are now.

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In the circular flow model, profits flow between which two sectors (markets are not considered sectors)?

Answers

From firms to households profits flow between these two sectors in the circular flow model.

What is the 2 sector circular flow model ?

An economic model called the circular flow model demonstrates how resources such as money, goods, and services travel through different economic sectors. The model is sometimes referred to as the circular flow of income because the money flows between the sectors are also tracked to calculate a nation's national income or GDP.

For a clearer overview of the economy as a whole and, for example, the National Income and Product Accounts, analyze the circular flow of income (NIPAs). In its simplest form, it takes into account a simple economy made up only of firms and individuals, and it can be illustrated using a "circular flow diagram." Individuals supply the labor necessary for businesses to generate commodities and services in this straightforward economy.

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If carleete wants to describe the layers of the skin to the audience, she should use the __________ strategy.

Answers

The correct answer is spatial.

The various claims on space made by the state, market, and community are reconciled through spatial planning.

What is a strategy for spatial development?

Spatial Development Strategies are created by a combined authority or an elected mayor. They offer strategic guidelines for land use and development in the region they serve. An example of a spatial development strategy is the London Plan.

Why is a spatial plan crucial?

By establishing more stable and predictable conditions for investment and growth, assuring community benefits from development, and encouraging the wise use of land and natural resources for development, spatial planning is essential for providing economic, social, and environmental advantages.

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Which expense may be deducted when calculating taxable income for an individual homeowner?

Answers

Points charged on a mortgage loan to purchase a principal residence may be deducted when calculating taxable income for an individual homeowner

What is taxable income?

The portion of your income that can be taxed is known as your taxable income. Salary, earnings, tips, bonuses, employer-provided perks, and interest from investments are common examples of taxable income. Some types of income, such as child support and inheritances, may not be taxable.

A personal exemption is a sum that a resident taxpayer is allowed to deduct from personal income under US tax law when determining taxable income and, consequently, federal income tax. The personal exemption was $4,050 in 2017, but there are phase-out restrictions on the exemption. Every year, the personal exemption is increased to account for inflation. Personal exemptions are gone for the tax years 2018 through 2025 thanks to the Tax Cuts and Jobs Act of 2017. is known as yours. Salary, earnings, tips, bonuses, employer-provided perks, and interest from investments are common examples of taxable income. Some types of income, such as child support and inheritances, may not be taxable.

A personal exemption is a sum that a resident taxpayer can deduct from personal income under US tax law when determining taxable income and, consequently, federal income tax. The personal exemption was $4,050 in 2017, but there are phase-out restrictions on the exemption. Every year, the personal exemption is increased to account for inflation. Personal exemptions are gone for the tax years 2018 through 2025 thanks to the Tax Cuts and Jobs Act of 2017.

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In considering how to allocate its scarce resources among its various members, a household considers.

Answers

In considering how to allocate its scarce resources among its various members, a household considers option d) All of the above are correct.

What is Utility Maximization?

Utility maximization is known to be a method that is often used in the cat of modeling rational decision making in regards to economics.

Note that Scarcity is a term that connote the fact that there are little resources than are said to be required to fill human wants and needs.

Note also that these resources can be said to be land, labor or capital resources and as such, In considering how to allocate its scarce resources among its various members, a household considers option d) All of the above are correct which are:

a) Each member's abilities

b) Each member's efforts

c) Each member's desires

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In considering how to allocate its scarce resources among its various members, a household considers:

a) Each member's abilities,

b) Each member's efforts,

c) Each member's desires,

d) All of the above are correct.

If the price level rose from 131 to 157 but economic output remained the same, real gdp would:______

Answers

If the price level rose from 131 to 157 but economic output remained the same, real GDP would increase.
If the price level has increased and the output is constant then the nominal GDP would increase.

The term "Gross Domestic Product," or GDP, refers to the total monetary worth of all finished products and services produced (and marketed) inside a nation within a specific time period (typically 1 year). Purpose. GDP stands for "Gross Domestic Product" and reflects the total monetary worth of all finished products and services produced (and sold on the market) inside a nation during a specific period of time. GDP is the most often used indicator of economic activity (typically 1 year). Purpose. The most often used indicator of economic activity is the GDP.

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One significant contemporary management challenge is:_________
a. globalization.
b. synergy.
c. management science.

Answers

The internationalization of business is a big managerial problem.

Just what is globalization?

The phrase "globalization" describes the increasing interconnection of the world's economies, cultures, and people.as a result of cross-border trade in products and services, technology, and flows of capital, people, and information. Over many years, nations have developed economic alliances to aid in these movements. However, the phrase became well-known in the early 1990s, following the end of the Cold War, since these cooperative agreements influenced contemporary daily life. This guide uses the phrase more specifically to refer to global commerce and some investment flows among advanced economies, with a primary focus on the United States.

Complex and politically fraught, globalization's wide-ranging repercussions are widespread.

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The present value of an annuity due is equal to the present value of a(an) ______ annuity multiplied by (1 r).

Answers

Answer:Ordinary

Explanation:

Reporting revenues when the goods or services are provided and expenses when they are incurred is called:________

Answers

Reporting revenues when the goods or services are provided and expenses when they are incurred is called accrual accounting.

What is accrual accounting?

Accrual accounting is a method used to record revenues or expenses where revenue is recorded when a service is provided and an expense is recorded when incurred.

The purpose of accrual accounting is to match income and expenses with the period in which they occur. The accrual accounting method is the method approved by the IFRS and the US GAAP.

In contrast to accrual accounting, there is another accounting method known as cash accounting. In cash accounting, revenue is recorded only when cash is received and expenses are recorded only when cash is paid.

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If it is now december, regular options contracts could be traded with all of the following expirations except? a january b april c july d november

Answers

if it is now December, Regular options contracts would be traded with all of the following except November.

So, the correct answer is d. A regular option contract might last up to 8 months (this may be tested as 9 months, though). The maximum life of longer-term stock options, or LEAPs, is 30 months.

An options contract is an arrangement between two parties to enable a prospective transaction on an underlying security at a predetermined price, known as the strike price, before or on the expiration date. An option contract's terms outline the underlying securities, the strike price at which it can be traded, and the contract's expiration date.

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Suppose that y is directly proportional to x. use the given information to find the constant of proportionality k. then use y = kx to find y for the given value of x. y = 30 when x = 10;find y given x = 14 How would you characterize Warren's rhetoric? Which phrase or line from the ruling do youfind particularly moving or momentous? What specifically separates during mitosis? a) homologous chromosomes b) sister chromatids c) the cytoplasm d) the genome The dutch states general granted a monopoly for trade in the new world to ______________. When evaluating teaching a client how to administer insulin, which action indicates that additional teaching is necessary? Beethoven called himself not a composer but a? capable of expressing new truthsto humankind through his music, almost like an oracle. Mrs. thompson entrusts her pre-arrangements with joyovich funeral home. joyovich funeral home is the:_____ What is the best reason for randomly assigning treatment levels to the experimental units? Why would it be important to ancient people to be able to predict the day of a full moon? The elderly client has been noncompliant with taking a prescribed medication. the nurse asks the client? The practice of mixing a pure drug with other substances to make the drug less potent is called? An object weighing 1.840 kg has a volume of 0.0015 m 3. what is the density of the object in g/cm3? When a company's business strategy and technology strategy are intertwined, this situation is known as _______. According to Americas Place in the 21st Century World, why did America become involved in World War I? A. President Wilson felt it was necessary to protect the Allies. B. America became involved because Japan attacked Pearl Harbor. C. President Monroe felt it was necessary to protect Americas interests. D. America became involved because the Central Powers endangered Americans. Railroad tracks appear to narrow as they get further away from you. which monocular cue does this best illustrate? a) divergence texture b) gradient interposition c) linear perspective d) convergence Simplify: (2 3/5)+(-3 3/4) The lines 4x+6y-5=0 and 2x+4y-3=0 intersect at N. Find the equation of the line through N perpendicular to the line x+2y=0. What is the area of the triangle? Find the slope of the graph. (MUSTSIMPLIFY.) What information is needed in order to be prepared for an emergency? select one or more