3.3 Evaluate break-even analysis as a decision-making tool. The definition of the Break-even analysis: The break-even analysis is an analysis of a product or company’s sales required to neither lose money nor make a profit‚ but simply to cover costs. Explain in mathematical term: total revenues – total costs = 0. The methods: By using a break-even formula or by drawing a break-even chart. Why is it so important using a break-even analysis? Because it gives vital information about a business or
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depend on the price offer by suppliers and volume of service provided. From the figure 1‚ revenue per month is estimated as RM15375. Figure 1: Estimated Revenue per month 7.1 Break-even Analysis Figure 2: Break-even Analysis Based on the break-even analysis‚ we have to serve 160 customers in order to break-even. Our monthly sales must hit RM20800 to cover all the costs. From the statement of cash flow‚ Adorable Pawz start making profit at the 7th month of operation. 8.0 Managing
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Assignment: Fixed Costs‚ Variable Costs‚ and Break-Even Point Exercise 10.1 During the sixth month of the fiscal year‚ the program director of the Westchester Home-Delivered Meals (WHDM) program decides to again recompute fixed costs‚ variable costs‚ and the BEP using the high–low method. Here are the number of meals served and the total costs of the program for each of the first six months: Month Meals Served Total Costs July 3‚500 $20‚500. August 4‚000 $22‚600. September 4‚200 $23
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Confessions‚ was written by Aurelius Augustine‚ who was ordained in the Christian Church and was named Bishop of Hippo. Confessions‚ is like an account of Augustine’s life before accepted God and joined the Christian. “In his Confessions he set down‚ for the benefit of others‚ the story of his early life and his conversion to Christianity.” (1113) In this autobiography he describes his childhood and his education then goes on to describe his life in adulthood before converting to Christianity. In
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be-all of human living; but Augustine tells us with the Bible that this happiness can be found in GOD alone. The summumbonum which is Plato’s and Aristotle’s concept of theabsolute and immutable and is now seen by Augustine with the aid of the light of divine revelation as the living personal God‚ the creator of all things and thesupreme ruler of the universe.So‚ the idea of the Good of Plato is revealed‚ to Augustine as theliving reality‚ God. WHAT THEN IS GOD? Augustine answers this question with
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Saint Augustine is famous for his notion that the nature of human life is to return to God. He writes with God in mind and weaves theology‚ philosophy and phycology into his writings. He is a pioneer of the field of thought of early phycology and the human will. In his “Confessions” he explores infancy and his early childhood behavior in order to make revelations about the human psyche and the motivations behind certain decisions. In this paper we will discuss and summarize some of Saint Augustine’s
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Confessions‚ written by Augustine‚ begins by invoking the help of God to help or guide him through the act of confessing his sins. Augustine begins his confessions by detailing his very early life. He explains his infancy by lamenting his inability to remember the entirety of his life’s actions during that time. This wouldn’t be particularly important to any layperson‚ but because Augustine is incredibly devout‚ he worries that if he cannot remember the events from his early life‚ he cannot repent
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The Confessions of St Augustine shows that faith is a series of stages. Faith is a journey filled with trials and attempts. It involves reevaluating one’s life. Throughout his confessions‚ Augustine lays out all the sins he executed. His journey comprises of a transition from sinfulness to faithfulness. Augustine begins by telling about his childhood. He concludes he doesn’t remember much since children’s memories are short term. But as the book transcends to his adolescent years‚ we slowly
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Discuss aspects of Augustine’s concept of time in ‘The Confessions’ Even the agnostic philosopher Bertrand Russell was impressed by this. He wrote‚ "a very admirable relativistic theory of time. ... It contains a better and clearer statement than Kant’s of the subjective theory of time - a theory which‚ since Kant‚ has been widely accepted among philosophers."[45] Catholic theologians generally subscribe to Augustine’s belief that God exists outside of time in the "eternal present"; that time only
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Confessions Augustine’s Confessions is a diverse blend of autobiographical accounts as well as philosophical‚ theological and critical analysis of the Christian Bible. Augustine treats his autobiography as an opportunity to recount his life and mentions how each event in his life has a religious and philosophical explanation. Augustine had many major events happen in his life but only 3 events would deem of extreme importance to his journey to faith. Theses major events were Book II how he describes
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