If insurance rates are increased, what effect will this change in fixed costs have on the break-even
Question:
If insurance rates are increased, what effect will this change in fixed costs have on the break-even point?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Increases in ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Accounting
ISBN: 978-0324662962
23rd Edition
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
Question Posted:
Students also viewed these Managerial Accounting questions
-
What is the approximate yield to maturity for a $1,000 par value bond selling for $600 that matures in 15 years and pays 7 percent interest semi-annually? O a. O b. 6.0% 3.6% O c. 13.3% O d. 12.1% O...
-
What is the identification problem? What effect will this problem have on the regression estimates of a demand function? Explain.
-
What effect will this adjustment have on the accounting records? Unearned Revenue 3,300 Fees earned 3,300 a. Increase net income b. Increase revenues reported for the period c. Decrease liabilities...
-
Suppose a country's productivity last year was 84. If this country's productivity growth rate of 5 percent is to be maintained, this means that this year's productivity will have to be: A. 88.2. B....
-
Explain how GST that is paid by consumers is a liability of the store that sold the merchandise. To whom is GST paid?
-
Consider an order-driven system that allows hidden orders. The following four sell orders on a particular stock are currently in the systems limit order book. Based on the commonly used order...
-
Parameter and Statistic What is a parameter, and what is a statistic?
-
Elaborate on Intuits use of customer research. Why did it work so well for the company?
-
Consider a routing environment within a large, public sector security-conscious organisation; all traffic leaving its AS is encrypted using a variety of techniques including SSL, encrypted ZIP files...
-
The Bonavista Patient Transfer Company is considering the purchase of a new ambulance. The decision will rest partly on the anticipated distance to be driven next year. The kilo meters driven during...
-
If the unit cost of direct materials is decreased, what effect will this change have on the break-even point?
-
Both Austin Company and Hill Company had the same sales, total costs, and income from operations for the current fiscal year; yet Austin Company had a lower break-even point than Hill Company....
-
Estimate the intra-class correlation for each of plasma estrone, plasma and rostenedione, and plasma testosterone, and provide associated 95% confidence limits. Is the reproducibility of these...
-
ABC Corporation's common stock dividend yield is 3.45%, it just paid a dividend of $2.55, and is expected to pay a dividend of $2.87 one year from now. Dividends are expected to grow at a constant...
-
All of the patient's healthcare data is stored for audits and reporting. Where is this located?
-
You're saving for retirement. You think you need an income of $80,000 per year for 30 years after retirement and you have 40 years to go until retirement (i.e., you need your first retirement payment...
-
Which 3 myths did you read, "You Can Tell Just by Looking" and 20 Other Myths about LGBT Life and People? Did you these myths dispel any preconceived ideas you had? Did they prove ideas that you...
-
Below are two topics from an article: please read both topics and come up with an essay summarizing both topics. Health before Civilization Early on, many doctors followed the lead of Benjamin Rush,...
-
True Or False Those who argue that manufacturers should be strictly liable for damages resulting from the sale of their products justify their position on the basis that the modern sophistication of...
-
The following T-accounts show postings of selected transactions. Indicate the journal used in recording each of these postings a through e. Cash Accounts Receivable Inventory (d) 500 (e) 300 (b)...
-
What is meant by Data as a Service? How does this relate to cloud computing? What kind of data-related services can be hosted in the cloud? Illustrate with examples.
-
Provence Bicycle Company manufactures road bikes. The following data for September of the current year are available: Quantity of direct labor used ...... 650 hrs. Actual rate for direct labor...
-
The New Day Clothes Company produced 18,000 units during June of current year. The Cutting Department used 3,500 direct labor hours at an actual rate of $ 11.80 pre hour. The Sewing Department used...
-
Good Samaritan Hospital began using standards to evaluate its Admission Department. The standard was broken into two types of admissions as follows: The unscheduled admission took longer, since name,...
-
You have been asked by the president of KMS Construction Company, headquartered in Muar, Johor, to evaluate the proposed acquisition of a new earthmover. The mover's basic price is $50,000, and it...
-
For the polynomial below, -3 is a zero. h(x) = x3 + x - 7x - 3 Express h(x) as a product of linear factors. h(x) = 0
-
How do cultural narratives and representations shape perceptions of race, ethnicity, and identity politics, and what strategies can be employed to promote cultural understanding, empathy, and...
Consumption And Management New Discovery And Applications 1st Edition - ISBN: 1907568077 - Free Book
Study smarter with the SolutionInn App