profitability. E. All of these. 2. The break-even point is that level of activity where: A. total revenue equals total cost. B. variable cost equals fixed cost. C. total contribution margin equals the sum of variable cost plus fixed cost. D. sales revenue equals total variable cost. E. profit is greater than zero. 3. The unit contribution margin is calculated as the difference between: A. selling price and fixed cost per unit. B. selling price and variable cost per unit. C. selling price and product
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William Glasser is one of the key theorists behind choice theory and reality therapy (Henderson & Thompson‚ 2011). Choice theory is the foundation and reality therapy is the implementation of the theory (Henderson & Thompson‚ 2011). According to choice theory‚ people are only in control of their own behavior (Henderson & Thompson‚ 2011). Further‚ this theory identifies that people think that others can be controlled‚ this is when relationship breakdown can occur (Henderson & Thompson‚ 2011). The
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University of Phoenix Material Nursing Theorist Grid Madeleine Leininger’s theory is call The Theory of Culture Care Diversity and Universality. Because Leininger had degrees in nursing and anthropology‚ her theory had a combination of derivatives of both disciplines (Bibb‚ 2006). While working as a nurse in the 1950s‚ Leininger became disturbed by nurses who could not understand nor respect the culture variations. She then set out to bridge the knowledge gap between nursing and cultures.
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Advocate for a POSITIVE Change (A Personal Essay) We Can Do Better If We Want To. According to a famous author‚ “Change has a considerable psychological impact on the human mind. To the fearful it is threatening because it means that things may get worse. To the hopeful it is encouraging because things may get better. To the confident it is inspiring because the challenge exists to make things better.” With this inspiring statement‚ I firmly believe that CHANGE starts in our MIND. Somehow
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Dalton was the first scientist to help contribute to the atomic theory. He based his thought process off of Democritus‚ an ancient Greek philosopher‚ who stated that at one point you will not be able to break down matter anymore‚ he called this basic building block an atom (meaning not divisible). Democritus believed that everything around us such as metal‚ water‚ and wood were atoms‚ but Dalton believed and proved that it could be more basic than that. He started thinking of compounds such as water
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Robert Yates was an American politician and was part of the Philadelphia Convention. Yates was born on January 27‚ 1738 in Schenectady‚ NY. Between 1771 and 1775‚ Yates sat on the Albany board of Alderman. Robert Yates spent most of his political life as a judge‚ and was well regarded by New Yorkers of all political casts. During the pre-revolution years‚ Yates was one of the Radical Whigs‚ but once the revolution did break out he served on the Albany committee of safety and represented his county
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What is contribution margin? In cost-volume-profit analysis of managerial accounting contribution margin is a very concept. The evaluation of contribution margin for any product is quite easy yet its usage is wide and when applied with various other metrics of CVP analysis such as PV Ratio‚ Break Even Point‚ variable cost‚ fixed cost‚ etc it helps to take major production decisions relating to volume of production and sales‚ and profitability of such levels of sales or production. Step 1:
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THE CONTRIBUTION OF TECHNOLOGY TO COMPETITIVE ADVANTAGE (Theodore W. Schille) • According to Schille.. “An essential component of managing technology is recognizing the role that technology plays in the competitive success of a firm in a free market economy‚ and acting to ensure that technology decisions and policies contribute to the firm’s competitive advantage.” DEFINING COMPETITIVE STRATEGY AND COMPETITIVE ADVANTAGE Traditional approach to strategy.. – Emphasizing goals and developing
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CASH FLOW DIRECT/INDIRECT 1. Given the following information and using the indirect method prepare the Cash Flows from Operating Activities section of the statement of cash flows. End of Year Beginning of Year Change Cash 23‚500 37‚400 (13‚900) Accounts receivable (net)
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In the 1930’s a huge drought caused many difficulties to farmers across the United States especially in Texas‚ Kansas‚ Colorado‚ and New Mexico. During this time land had dried up because of very little rainfall. With less moisture in the soil‚ high winds in the plains caused dust storms. The series of dust storms was later called the Dust Bowl. Living conditions in this area of the United States were very poor‚ causing people to move westward bound. Frank Manies was one of those people. Now a retired
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