ACC 208 Group 8 PROBLEM 5-20A Requirement 1 Compute the company’s CM ratio and its break-even point in both units and dollars. CM Ratio= CM / Sales ($270‚000 - $189‚000) / $270‚000 CM Ratio= .30 = 30% Break-even point in units= Fixed Expenses / UCM 90‚000 / [(270‚000 / 13‚500) - (189‚000 / 13‚500)]= 90‚000/6= 15‚000 units Break-even point sold in total sales dollars= Fixed Expenses/ CM Ratio 90‚000 / 30% = $300‚000 Requirement 2 The sales manager feels that an $8‚000 increase in the monthly
Premium Variable cost Contribution margin Income statement
Food Group Everyone deals with food every day; whether they are cooking it‚ smelling it‚ buying it‚ or simply eating it. The problem that many people encounter when it comes to food is choosing the healthy foods. Some people may even think they are eating healthy‚ when in reality their diet is lacking some of the necessary food products that would provide them with the vitamins and nutrition that their body requires. There are many ways in which people can keep track of their food intake; one way
Premium Nutrition
Sanlu Group was created in 1996 after several acquisitions in prior years. It was one of the oldest and most popular brands of infant formula in China. Tian Wenhua‚ the CEO and Chairwoman of Sanlu led the Chinese powder market for 13 consecutive years in terms of sales. Tian was considered one of the most successful entrepreneurs in China for her role in building the company. In December 2005‚ a joint venture agreement was signed which involved New Zeeland dairy cooperative Fonterra taking a 43%
Premium Milk
In “Group Minds” by Doris Lessing‚ she makes a point of acknowledging how individuals will violate their own common sense‚ and moral codes in order to be accepted by their peers‚ and argues why we as a society can’t apply this knowledge to explain how people could be cautious of group pressures. Doris Lessing has been called “the best female novelist” post war era; since 1959‚ she has written over twenty works of fiction‚ and has received numerous amounts of scholarly attention. Lessing continuously
Premium Sociology Asch conformity experiments Science
About Future Group Future Group‚ led by its founder and Group CEO‚ Mr. Kishore Biyani‚ is one of India¶s leading business houses with multiple businesses spanning across the consumption space. While retailforms the core business activity of Future Group‚ group subsidiaries are present in consumer finance‚ capital‚ insurance‚ leisure and entertainment‚ brand development‚ retail real estatedevelopment‚ retail media and logistics.Led by its flagship enterprise‚ Pantaloon Retail‚ the group operates over
Premium Pantaloon Retail India Retail companies of India Shopping mall
When it came to doing group work in ELS our task was to perform a mock police interview and mock trial. My group consisted of 5 students all with different roles within the legal process. As the defendant my aim was to persuade the mock jury that I was not guilty of the offence of dangerous driving. Working with my team was a very important part of the process to develop sound arguments to persuade the jury to acquit me. The art of persuasion helped me a lot with this as I have already developed
Premium Management Leadership Learning
Broaden the diversification base Virgin’s essence since its creation is to explore new businesses and try to be a part of them. The company has a real thirst and desire to diversify and no one doubts that the Virgin Group will enlarge his portfolio. On its website‚ the Virgin Group says that in order to find new business‚ they just “put their selves in the customer’s shoes to see what could make it better.” In order to diversify more‚ the company is trying to find or create some businesses that
Premium Virgin Group Richard Branson
Staff Model vs. Group Model Gloria Brandon Essentials of Managed Care National American University Abstract There are two types of Health Maintenance Organizations‚ you have the Staff Model and Group Model HMOs. With staff model it owns its own facilities and employs physicians‚ group model contracts with private health care providers to provide service to plan members and benefits are payable based on services and charges authorized by an HMO-affiliated doctor or representative. Staff
Premium Health care Managed care Medicine
Delivering growth and value First quarter 2012 results May 2012 Legal notice The following presentation contains forward-looking statements concerning BG Group plc’s strategy‚ operations‚ financial performance or condition‚ outlook‚ growth opportunities or circumstances in the countries‚ sectors or markets in which BG Group plc operates. By their nature‚ forward-looking statements involve uncertainty because they depend on future circumstances‚ and relate to events‚ not all of which can be
Premium Liquefied natural gas Natural gas
Contents 1. Cover Page 2. Contents page 3. Company Overview 4. Profitability Ratios 5. Liquidity Ratios 6. Gearing Ratios 7. Conclusion and Summary 8. References and Appendices 9. Appendices Continued 10. Appendices Continued Company Overview OrotonGroup is the Australian and New Zealand retailer and owner of the Polo Ralph Lauren licence and Oroton brand. For nearly 20 years OrotonGroup has been the Polo Ralph Lauren licence owner for the Australia and New Zealand
Premium Investment Asset Ralph Lauren