Stockholders' equity, also known as shareholders' equity or owner's equity, is a vital component of a company's financial structure. It represents the residual interest in the assets of a business after deducting liabilities. In other words, it is the portion of the company's total equity that belongs to the shareholders or owners of the business.
Option a. "the owners' claims on the business" accurately describes stockholders' equity. When individuals purchase shares of a company, they become owners and have a claim on the company's assets and earnings. Stockholders' equity represents this ownership interest and signifies the amount of capital invested by shareholders in the company. It reflects the value available to shareholders if all the company's assets were liquidated and all liabilities repaid.
On the balance sheet, stockholders' equity is typically reported as a separate section alongside assets and liabilities. It consists of various components, including paid-in capital (capital contributed by shareholders through the issuance of shares) and retained earnings (accumulated profits and losses not distributed as dividends).
It is important to note that stockholders' equity is distinct from profit generated by the business (option c). Profit represents the excess of revenue over expenses during a specific period, while stockholders' equity is the cumulative result of past profits, additional investments, and other equity-related transactions.
Lastly, stockholders' equity is not a liability of the business (option d). Liabilities represent the company's obligations to external parties (such as creditors and suppliers), while stockholders' equity represents the ownership portion attributable to shareholders.
In summary, stockholders' equity is the owners' claims on the business, representing their ownership interest and the residual interest in the assets after deducting liabilities. It is distinct from profit and is not considered a liability of the business.
learn more about Stockholders here
https://brainly.com/question/33505476
#SPJ11
A rising GDP and a falling unemployment rate are most likely indicators that an economy is in which phase of the business cycle?
answer: expansion
A rising GDP and a falling unemployment rate are most likely indicators that an economy is in the expansion phase of the business cycle.
During the expansion phase, the economy experiences an increase in economic activity and employment opportunities, resulting in a rise in GDP and a decline in unemployment rate. This phase is typically characterized by increased consumer and business spending, rising stock prices, and increasing confidence in the economy. The expansion phase is usually followed by the peak, recession, and trough phases in the business cycle.
The business cycle refers to the fluctuation of economic activity in an economy over time. It is typically characterized by alternating periods of expansion and contraction, with the peak, recession, and trough phases in between. Various factors contribute to the business cycle, including consumer spending, business investment, and government policies.
learn more about GDP here
https://brainly.com/question/30504843
#SPJ1
Exchanging a good or service for money is called
Answer:
The meaning of the word is Exchange
Explanation:
Which of these channel members is last in the distribution channel?
A.Retailer
B.Manufacturer
C.Consumer
D.Wholesaler
Answer:
C
Explanation:
They are the ones to use to products.
Answer:
C. Consumer
Explanation:
Took the test
write a letter to your father asking for money to buy textbooks and pay for your school fees
Answer:
pay
Explanation:
Communication may account for as much as
of a hiring decision.
a.
25%
b.
40%
C.
65%
d.
80%
Please select the best answer from the choices provided
Answer:
A) 25%
Explanation:
JUST TOOK TEST ON EDGE
Professor Michael Porter has offered five determinants of the intensity of competition within an industry. Consider the Marine Shipping industry. In one or two sentences for each determinant, describe the competitive status of a company in the industry.
A company's competitive status in the Marine Shipping industry depends on factors such as barriers to entry, supplier and buyer power, the threat of substitutes, and rivalry among competitors.
The intensity of competition within the Marine Shipping industry can be assessed using Professor Michael Porter's five determinants. Here is a description of the competitive status of a company in the industry based on each determinant:
1. Threat of New Entrants: The Marine Shipping industry typically has a moderate to high barrier for new entrants due to significant capital requirements and economies of scale. Existing companies with established networks and relationships have a competitive advantage, making it challenging for new players to enter the market.
2. Bargaining Power of Suppliers: In the Marine Shipping industry, suppliers such as shipbuilders and fuel providers have moderate bargaining power. While there are limited suppliers, companies can negotiate contracts and seek alternative options to maintain a competitive edge.
3. Bargaining Power of Buyers: Buyers in the Marine Shipping industry, such as manufacturers and retailers, often have strong bargaining power due to the availability of multiple shipping companies. Buyers can negotiate favorable terms, potentially affecting a company's profitability and market share.
4. Threat of Substitute Products or Services: In the Marine Shipping industry, substitute products or services pose a low threat as shipping remains the most efficient and cost-effective method of transporting goods globally. However, alternative transportation modes like air freight may be a substitute for time-sensitive or high-value goods.
5. Rivalry Among Existing Competitors: The Marine Shipping industry experiences high rivalry among existing competitors. Numerous shipping companies compete for market share, leading to price competition and service differentiation. Companies with unique value propositions, superior operational efficiency, and global reach tend to have a more favorable competitive position.
learn more about buyer power
https://brainly.com/question/28499756
#SPJ11
A graph of the rate of inflation in the United States over the twentieth century shows: a constant rate of inflation in the first half of the century followed by an upward trend in the second half an overall upward trend interrupted by a large downturn in the 1930s. O a relatively steady, positive level throughout the century except for deflation in the 1930s. some periods of deflation mixed with mostly positive rates of inflation before 1955 but only positive rates of inflation after 1955.
A graph of the rate of inflation in the United States over the twentieth century shows: An overall upward trend was broken by a severe downturn in the 1930s.
A graph of the rate of inflation in the United States over the twentieth century would show an overall upward trend interrupted by a large downturn in the 1930s, also known as the Great Depression. In the first half of the century, there was a relatively steady, positive level throughout the century except for deflation in the 1930s. However, the rate of inflation began to rise in the post-World War II period, reaching high levels in the 1970s before moderating in the 1980s and 1990s. The Great Recession of 2008 had an effect on the inflation rate as well.Inflation is a measure of the rate at which the general level of prices for goods and services rises, resulting in a decline in purchasing power.
To learn more about rate of inflation here:
https://brainly.com/question/30112292
#SPJ4
How you would solve the problem or address the issue? Be specific. Please include dialogue to express your thoughts if it seems appropriate and makes sense with the given situation.
If you feel that there are several ways to handle any of the scenarios, please discuss all options.
What, if any, tips or steps from the unit (gather relevant info, identify alternatives, weigh evidence, make a choice and take action, accept the outcome) did you use in order to reach your solution/decision? Be specific and explain.
You are the manager of a small marketing company. One of your employees is dressing inappropriately for an office setting. Other employees are complaining that it is distracting them from their work. You have spoken to the employee about this issue twice, and nothing has changed. The employee is a solid worker and their inappropriate dress is the only issue that you have with them.
What do you do?
What you would do with the employee would be to talk to him again, formally request that he dress appropriately and not distract his co-workers.
What tips or unit steps would you take to reach a solution?I would first collect the information about the issues that relate to this employee. For example, I would take screenshots from the security cameras to have proof that you are wearing inappropriate clothing. On the other hand, he would take the official testimony of his companions about the acts of distraction that he performs on them.
Subsequently, I would evaluate the alternatives we have with this employee, taking into account that his performance is good but that it means a problem for the company due to his behavior towards others and his appearance. For example he could be transferred to another department of the company.
Ultimately I would make the decision to have a formal conversation with him and a written request that he modify his behavior in accordance with the company's rules or else he will be fired for not abiding by internal laws.
Learn more about decisions in: https://brainly.com/question/14616216
#SPJ1
Question 1 of 10
Why do managers care about soft skills when hiring for a technical job?
A. They want to know that the applicant will enjoy corporate events
and activities.
B. They want to be sure the applicant will be able to complete the
assigned tasks.
C. They want to be sure the applicant has no outside interests that
will interfere with work.
D. They want to be sure the applicant can collaborate and work well
with other team members.
D. They want to be sure the applicant can collaborate and work well
with other team members.
Explanation:
Managers do care about soft skills when hiring for a technical job as they want to be sure the applicant can collaborate and work well with other team members. The correct option is d.
What is a technical job?Technical jobs are those that require specific talents and expertise an individual possesses that help them perform a certain task or job. These skills differ from soft skills, which instead describe character and personality traits.
Technical skills are abilities an individual acquires through practice and learning, although a person may bring an inherent propensity for a certain skill. An individual who possesses a particular proficiency for coding, for instance, would have a sought-after technical skill as a job candidate at a software or technology company. Technical job skills are ideal to list on the skill section of a resume because they shine a light on abilities and strengths.
However, it is important to realize not all technical skills at an individual’s disposal should be listed.
Learn more about technical, here:
https://brainly.com/question/3123459
#SPJ2
Incumbent firms may enjoy increased bargaining power because the Internet ___________
a. focuses marketing efforts on end users
b. diminishes the power of many distribution channel intermediaries
c. increases channel conflict
d. has reduced the number of wholesalers and distributors
The answer is B). diminishes the power of many distribution channel intermediaries.
The Internet has had a significant impact on the distribution channels and intermediaries involved in the traditional supply chain.
By enabling direct communication and transactions between businesses and end-users, the Internet has diminished the role and power of intermediaries such as wholesalers and distributors.
This shift has allowed incumbent firms to have increased bargaining power as they can bypass intermediaries and establish direct relationships with customers.
The Internet provides opportunities for businesses to market and sell their products or services directly to consumers, cutting out middlemen and reducing distribution costs.
This increased control over the distribution process gives incumbents more leverage in negotiations and pricing decisions. They can potentially capture a larger portion of the value chain by disintermediating or reconfiguring traditional distribution channels.
Therefore, option b. "diminishes the power of many distribution channel intermediaries" accurately describes how the Internet can enhance the bargaining power of incumbent firms.
To know more about diminishes refer here
https://brainly.com/question/30391995#
#SPJ11
James,the marketing manager for an automobile manufacturer,observes frequent conflicts between two of his subordinates,Jeff and Kevin.He asks the human resource department to help,and the department's training manager,Kelly,investigates.She tells James that the two subordinates lack interpersonal communication skills,but would be likely to improve with proper training.This scenario suggests that Kelly has conducted a(n)_____.A) institutional analysisB) market analysisC) person analysisD) organization analysisE) instructional analysis
Answer: Person analysis
Explanation:
Based on the scenario that have been given in the question, the scenario suggests that Kelly has conducted a person analysis.
A person analysis is a phase which helps to identify the individuals that are in an organization who lacks certain skills and should therefore be trained.
A person analysis helps to show the individuals that aren't meeting the organization's desired performance.
What is the integral part of research?
Ethics is considered to be an integral part of research from the beginning to the end.
Research is considered to be very critical to societal development. As the research is conducted to study and then generate knowledge, provide useful information, and help the decision-making, among others.
However, ethics are considered to be an important part of the research. Thus, there are several reasons that why it is important in order to adhere to ethical norms. First, the norms tend to promote the aims of research. Research methods are specific procedures to collect and analyze data.
Hence, it also promotes knowledge, truth, and avoids any error.
To learn more about the ethics here:
https://brainly.com/question/22691507
#SPJ4
what is an alternative term for career maturity inventories that measure vocational development as specified dimensions to judge whether an individual is vocationally mature?
An alternative term for career maturity inventories that measure vocational development as specified dimensions to judge whether an individual is vocationally mature is Career development inventories
Students can receive personal insight into the process of choosing a career and their preparation for it by taking the Career Maturity Inventory. The Career Development Inventory, a tool used to gauge teenagers' level of vocational maturity, evaluates planning orientation, resources for exploration, as well as information and decision-making. Finding obstacles to career advancement is one of the main objectives of interviews. Determine their level of acculturation is a key goal when speaking with clients from different cultural backgrounds. a competent and developmentally evolved approach to work and career choice difficulties. A person with a high level of vocational maturity is realistic about their options and approaches exploring their options and choosing a career in a relatively rational manner. The degree to which people are ready to make vocational decisions is known as their level of career maturity.
Learn more about maturity here:
https://brainly.com/question/28701235
#SPJ4
When you calculate marginal cost they should include?
By dividing the overall decrease in the value of manufacturing additional items by the variation in the amount of goods produced, it is determined.
By marginal cost, what do you mean?The increase in manufacturing expenses brought on by the development of extra product units is referred to as a "marginal cost." It goes under the moniker of "incremental cost of production." By determining the marginal cost, businesses may assess how volume generated influences cost and ultimately earnings.
How do full and marginal costs differ?While marginal cost prices is intended to move inventories while necessarily making a profit, full-cost pricing is a standard method that includes all overhead costs in the product pricing.
To knw more about marginal cost visit:
https://brainly.com/question/7781429
#SPJ4
Troy is managing a project that is several weeks into production. One of the processes used on the project is imposing constraints on what can be achieved by the project team. What should Troy use to determine a strategy to improve the process?AnswersA.Process analysisB. SWOT analysisC. Control chartsD. Ishikawa diagram
To determine a strategy to improve the process that is imposing constraints on the project team, Troy should use Process Analysis.
Process Analysis involves examining the various steps in a process to identify inefficiencies, bottlenecks, and areas for improvement. By conducting a Process Analysis, Troy can gain a better understanding of the process, identify potential problems, and develop solutions to enhance the performance of the project team. This approach will help Troy to optimize the process and ensure that the project runs smoothly.
To conduct a Process Analysis, Troy should:
1. Define the process: Identify the specific process that needs improvement and define its purpose, inputs, and desired outputs.
2. Break down the process: Break down the process into its individual steps and components.
3. Identify inefficiencies: Analyze each step and component to find inefficiencies, bottlenecks, or areas that can be improved.
4. Develop solutions: Propose strategies or changes to address the identified issues.
5. Implement changes: Make the necessary adjustments to the process and monitor the results to ensure that the changes are effective and beneficial to the project team.
By following these steps, Troy will be able to develop a strategy to improve the process and overcome any constraints that may be limiting the project team's performance.
To know more about Process Analysis refer here:
https://brainly.com/question/30094954#
#SPJ11
list the two things the government does that fall under fiscal policy. (A.p.e.x.)
Explanation:
These two policies are combined in numerous ways to influence a country's economic situation.
Fiscal policy, together with monetary policy handled by central banks, is the primary means through which governments influence a country's economy. The two primary elements of fiscal policy are income taxes and government expenditures.
Which of the following describes a conflict which happens between a supervisor and a subordinate?
O Intrapersonal conflict
Group conflict
O Intergroup conflict
O Interpersonal conflict
A conflict between a supervisor and a subordinate can be described as Interpersonal conflict.
What is interpersonal conflict?Interpersonal conflict refers to conflict whereby there are at least two people involved. This means that interpersonal conflict refer to issues that a person has with another person, or group of people.
When there is a conflict between a supervisor and a subordinate, these are two different people which means that it is therefore an interpersonal conflict. Intrapersonal conflict on the other hand, refers to when a person has a conflict within themselves about how they should take certain decisions.
Find out more on interpersonal conflict at https://brainly.com/question/27608687
#SPJ1
You manage a group of people from all five working generations. The makeup of your work group marches the percentage breakdown of the current US workforce. Which type of communication style would be preferred by the generation with the most people?
Email
Social media
Text
IM
Among the five working generations in the current US workforce, the communication style preferred by the generation with the highest representation would be social media.
Considering the percentage breakdown of the current US workforce, the generation with the most people is likely to be the Millennials (also known as Generation Y). This generation, born between the early 1980s and mid-1990s, grew up during the rise of social media platforms. They are generally tech-savvy, comfortable with digital communication, and value convenience and efficiency in their interactions.
Given these characteristics, Millennials are more likely to prefer social media as their preferred communication style. Social media platforms offer real-time updates, instant messaging features, and the ability to share information and engage in discussions. These platforms provide a convenient and efficient way to connect with colleagues, share ideas, collaborate on projects, and stay informed about work-related matters.
While other communication methods such as email, text, and instant messaging (IM) are also used by different generations, social media is particularly favored by Millennials due to its interactive and engaging nature. It allows for quick and informal communication, making it well-suited for their preferences and communication style.
Learn more about workforce here: https://brainly.com/question/28843491
#SPJ11
The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answer:
Who,When,What
Explanation:
the first of a series of neutrophil behaviors in inflammation is __________.
Answer:
Migration.
Explanation:
Neutrophils are the most abundant type of white blood cell in the body, and they play a key role in the inflammatory response. In the early stages of inflammation, neutrophils migrate to the site of injury or infection to help combat the pathogen and initiate tissue healing.
how can a limited partner in a defectively formed limited partnership escape general partner liability? g
A limited partnership is when two or more partners go into business together, with the limited partners only liable up to the amount of their investment.
What is Limited Partnership?
A limited partnership (LP) is a collaboration having two or more participants that is distinct from a limited liability partnership (LLP). Limited partners are not involved in business management; instead, the general partner manages and controls the company. A limited partnership's limited partners, on the other hand, are only liable for the amount of their investment, with the general partner of the limited partnership having unlimited liability for the debt.
The limited partnership's general partners oversee daily operations and are liable for all financial responsibilities, including debts and legal fees. Other donors, referred to as limited (or silent) partners, contribute cash but are not permitted to exercise management control or bear obligations in excess of their initial investment.
To learn more about partnership visit here:
brainly.com/question/30266113
#SPJ4
NYSE MARKET DIARY
Yesterday Prev. Day
Advanced 577 827
Declined 1963 1757
Unchanged 455 388
Total Issues 2995 2972
New Highs 10 13
New Lows 91 78
Based on the information presented for both days, a technical analyst would conclude that the market:
A. is in a consolidation phase
B. breadth indicates a strong bullish trend
C. breadth indicates a strong bearish trend
D. is peaking and will soon enter a downturn
Catabolism would be best described as a process that ________.
Catabolism is a metabolic process that involves the breakdown of complex molecules into simpler ones, resulting in the release of energy.
During catabolism, large molecules such as carbohydrates, lipids, and proteins are broken down into smaller units like glucose, fatty acids, and amino acids. This process involves several enzymatic reactions that occur in different parts of the cell and are regulated by specific enzymes. The energy released during catabolism is used to fuel other metabolic processes in the cell, such as anabolism, which involves the synthesis of new biomolecules. Catabolism is essential for the proper functioning of cells and organisms, as it provides the necessary energy to sustain life processes.
To know more about Catabolismvisit:
https://brainly.com/question/13021229
#SPJ11
Why do Marketers segment a market?
Answer:
see below
Explanation:
Market segmentation is the practice of sub-dividing the target market into smaller groups. Market segmentation creates customer groups based on demographics, needs, priorities, and other common traits. Marketers use segmentation to understand the needs of target clients better.
Segmentation increases marketers' efficiency in resource utilization. It allows companies to learn about their customers and design tailor-made campaigns for a particular group. Targeting segments in marketing raises the possibility of more sales.
The government places constraints on the personal financial environment by the use of?
The government places constraints on the personal financial environment by the use of various measures. These measures are aimed at ensuring economic stability, protecting consumers, and promoting fair and efficient financial markets.
One main answer to this question is through regulations and laws. Governments establish regulations that govern various aspects of personal finance, such as banking, investing, and credit. These regulations are designed to safeguard individuals and prevent fraudulent activities. Additionally, governments may impose taxes and fees, which affect individuals' financial decisions and behaviors.
These measures help generate revenue for public services and redistribute wealth. Explanation: Governments play a crucial role in shaping the personal financial environment to promote economic stability and protect consumers. By implementing regulations and imposing taxes, they aim to ensure fair and efficient financial markets while also generating revenue for public needs.
To know more about financial visit:
https://brainly.com/question/28319639
#SPJ11
The accounting principle that requires that the cost flow assumption be consistent with the physical movement of goods is.
The accounting principle that requires that the cost flow assumption be consistent with the physical movement of goods is nonexistent.
When reporting financial data, businesses and other organizations must abide by accounting principles. Any set of accounting principle' main objective is to make sure that a company's financial statements are accurate, reliable, and comparable. Investors will find it simpler to examine and glean valuable information from the company's financial records as a result, including historical trend data. The term "goods" in economics refers to things that fulfill human needs and offer utility, such as to a customer buying a fulfilling product. The terms "transferable commodities" and "transferable services" are frequently used interchangeably.
When it comes to whether they are excludable, non-excludable, rival, or nonrival, the fundamental sorts of goods vary.
Learn more about accounting principle here:
https://brainly.com/question/16874947
#SPJ4
Drag the tiles to the correct boxes to complete the pairs.
Match the method of exchanging information with its description.
IM
blog
message board
wiki
facilitates discussion and polls
arrowRight
enables only the author to exclusively post and edit articles
arrowRight
enables any number of users to publish and edit content
arrowRight
provides a platform for real-time communication
arrowRight
IM (Instant Messaging): provides a platform for real-time communication, allowing users to exchange messages and have conversations in real-time.
Blog: provides enables only the author to exclusively communication post and edit articles, typically on a specific topic or theme. Blog posts are usually displayed in reverse chronological order.
Message Board: facilitates discussion and polls among a group of users who share a common interest. Provides users can post messages, communication ask questions, and respond to each other's posts.
Wiki: enables any number of users to publish and edit content collaboratively, often provides on a specific topic or theme. Wikis are designed to promote collaboration and knowledge-sharing among a group of users.
Learn more about method of exchanging information here
https://brainly.com/question/31941775
#SPJ1
in addition to the casting of nonprofessional actors, one of the signature practices of the italian neorealism movement (bicycle thieves) was
The Italian neorealism movement's on-location filming was an attempt to portray the harsh realities of post-World War II Italy, and it helped create a more authentic and naturalistic style of filmmaking.
In addition to the casting of nonprofessional actors, one of the signature practices of the Italian neorealism movement (Bicycle Thieves) was the use of on-location filming, shooting the majority of the film on the streets of Rome, and in the process, portraying the harsh realities of post-World War II Italy. This was a departure from traditional Italian cinema, which favored Hollywood-style glamour and spectacle. Italian neorealism, on the other hand, aimed to capture the lives of ordinary people living in impoverished conditions. This approach was not only a response to the difficult social and economic conditions of the time, but it also helped to create a more authentic, naturalistic style of filmmaking.
The Italian neorealism movement's on-location filming was an attempt to portray the harsh realities of post-World War II Italy, and it helped create a more authentic and naturalistic style of filmmaking.
To know more about neorealism movement's visit:
brainly.com/question/32314052
#SPJ11
Suzy's Temporary Employee (STE) business, located in a big city, can do an online criminal background check in-house for $2. 24 per search with a fixed cost of $28,000. A third-party online security firm offered to do a similar security search for $8. 00 per person with an annual service contract with STE. If STE's forecast is 3,300 searches next year, should STE continue to do the search in-house or accept the third-party offer
Since the cost of the third-party offer is less than the cost of doing the background check in-house, STE should accept the third-party offer.
To determine the cost of doing the background check in-house, we can use the following formula:
Cost = (Number of searches * Cost per search) + Fixed cost
For in-house:
Cost = (3,300 * $2.24) + $28,000 = $7,912 + $28,000 = $35,912
For the third-party offer:
Cost = (3,300 * $8.00) = $26,400
Since the cost of the third-party offer ($26,400) is less than the cost of doing the background check in-house ($35,912), STE should accept the third-party offer.
To know more about the cost, visit:https://brainly.com/question/30045916
#SPJ4
The restaurant ABC serves from Monday to Sunday and opens 50 weeks per year. Estimated revenues and costs of ABC are as follows: Selling price: $35 per meal Average cost of food: $15 per meal Salaries for chef and dishwasher: $6,000 per month Equipment and premises rent: $5,000 per month Service cleaning: $800 per month Replacement of dishes, cutlery, glasses: $300 per month Utilities, advertising, telephone: $2,500 per month Fire insurance: $15,000 per year Requirements: Round your calculations to 1 decimal place. 2.1 Compute the annual breakeven number of meals and sales revenue for the restaurant. 2.2 Compute the number of meals and the amount of sales revenue needed to earn target prof $85,000 for the year. 2.3 How many meals must ABC restaurant serve each night to earn their target prof $85,000? 2.4 Discuss the factors affecting ABC when deciding to open the restaurant.
Calculation of annual breakeven point:First, the calculation of the contribution margin must be performed. The contribution margin is obtained by subtracting the variable expenses from the selling price of the product, which is expressed as a percentage of sales.
The restaurant operates 50 weeks per year. There are seven days in a week, so there are 7 x 50 = 350 days in a year. Therefore, the annual operating days are 350. The restaurant is open every day of the week, so the number of days that the restaurant is open is equal to the number of operating days. The calculation is as follows: Annual fixed cost = Salaries for chef and dishwasher + Equipment and premises rent + Service cleaning + Replacement of dishes, cutlery, glasses + Utilities, advertising, telephone + Fire insurance + [350 x (15 meals x $15 per meal)]$60,000 = [350 x (15 meals x $15 per meal)] + Annual breakeven point in meals x $20 x 57.1%Annual breakeven point in meals = 22,036 meals (rounded to the nearest whole number).
factors affecting ABC when deciding to open the restaurant:The following factors must be considered when ABC decides to open the restaurant:Fixed costs: Fixed costs are the costs that remain constant regardless of the number of meals sold, such as rent and salaries for the chef and dishwasher. The higher the fixed costs, the higher the breakeven point.Variable costs: Variable costs are the costs that vary with the number of meals sold, such as food and replacement of dishes, cutlery, and glasses. The higher the variable costs, the lower the contribution margin, and the higher the breakeven point.Selling price: The selling price is the price that customers pay for each meal. The higher the selling price, the higher the contribution margin, and the lower the breakeven point.Target profit: The target profit is the profit that the restaurant wants to achieve. The higher the target profit, the higher the sales revenue, and the higher the breakeven point.The number of meals sold: The number of meals sold is the most important factor that affects the profitability of the restaurant. The higher the number of meals sold, the higher the contribution margin, and the lower the breakeven point. The restaurant must ensure that it sells enough meals to cover the fixed costs and achieve its target profit.
To know more about annual breakeven point visit :-
https://brainly.com/question/27106216
#SPJ11