Question: Question 1 (4 points) Explain so clearly and pedagogically what is meant by profitability and why profitability often has great relevance for a company's financial

Question 1 (4 points) Explain so clearly and pedagogically what is meant by profitability and why profitability often has great relevance for a company's financial management in practice. Also mention a number of measures (key figures) that would be appropriate to manage an organizational unit that is evaluated on the basis of achieved profitability. Question 2 (3 points) The company Energy Control AB, whose only product is to mediate energy declarations, has sales revenues of SEK 7,800,000 for the 2020 financial year. During the financial year, the company's fixed costs amounted to SEK 1,700,000 and the variable costs (which are proportionally variable) amounted to SEK 2,000,000. During the next year (financial year 2021), the company expects a sales increase of 10% (fixed costs are expected to remain unchanged). Based on this information, what will be the company's budgeted results for 2021? Answer in SEK thousand, in the event of a negative result, enter the minus sign. Question 3 (3 points) Assume a company that only sells a product whose sales price amounts to SEK 280. The company's variable costs associated with the product amount to SEK 120 / pc and the company has a total of fixed costs amounting to SEK 3,800,000. Calculate the turnover in SEK that the company must generate to avoid making a loss. Question 1 (4 points) Explain so clearly and pedagogically what is meant by profitability and why profitability often has great relevance for a company's financial management in practice. Also mention a number of measures (key figures) that would be appropriate to manage an organizational unit that is evaluated on the basis of achieved profitability. Question 2 (3 points) The company Energy Control AB, whose only product is to mediate energy declarations, has sales revenues of SEK 7,800,000 for the 2020 financial year. During the financial year, the company's fixed costs amounted to SEK 1,700,000 and the variable costs (which are proportionally variable) amounted to SEK 2,000,000. During the next year (financial year 2021), the company expects a sales increase of 10% (fixed costs are expected to remain unchanged). Based on this information, what will be the company's budgeted results for 2021? Answer in SEK thousand, in the event of a negative result, enter the minus sign. Question 3 (3 points) Assume a company that only sells a product whose sales price amounts to SEK 280. The company's variable costs associated with the product amount to SEK 120 / pc and the company has a total of fixed costs amounting to SEK 3,800,000. Calculate the turnover in SEK that the company must generate to avoid making a loss
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