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earn profit and it is always a matter of crucial concern for the management. The sales volumes never remain stable rather they fluctuates which directly impact on the income. Profit is the outcome of the interaction or relationship between...
managerial economics. CVP analysis is based upon establishing the breakeven point of cost and volume of products. It is very useful for managers in making short term financial decisions. CVP analysis is based on assumptions to be relevant. ...
(CVP) analysis is conducted to determine the variable and fixed costs as well as to make pricing and activity decisions. This analysis is very important and enables the business to plan its profits in advance with respect to its knowledge ...
in financial management are those concerning to pricing; the prices must be high enough to cover all costs and offer a profit. Cost-volume-profit (CVP) analysis is a technique that examines changes in profits in response to changes in sale...
assignment Q1) Calculation of breakeven point Fixed cost = salary + rent + maintenance Fixed expenses = £11000+ 4000 +1000 = 16000 Variable cost = £6000 General expense per guest = (food + electricity + domestic + minibus) £ (25+3+5+10) = £...
cost. This can be achieved with through planning and efficient execution. If the lead is generated for the product or the service and the company is positioned as an industry expert, the increasing sales will harden relationships with the c...
system, short of direct enumeration. We can, however, specify an upper bound on the number of loops by considering the maximally connected system, i.e. one in which every flow x? depends upon every state variable x and every auxiliary varia...