get into financial planning we focus on exactly how to construct plans from physical assumptions about a business and its environment. Finally we look at some of the problems created when plans function as both goal statements and projections of what is most likely to happen in the future. PEDAGOGY This chapter focuses on "how to do it." That is‚ how to really build a financial plan from a series of physical and economic assumptions. This is an important distinction of this text.
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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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| |Fixed operating cost per month | | |$3‚150‚000 | a. What is the break-even point in passengers and revenues per month? Fixed cost = 3‚150‚000 160x = 70x + 3‚150‚000 90x = 3‚150‚000 X = 35‚000 passengers – breakeven Break even revenue = 35‚000 x 160 = 5‚600‚000 b. What is the break-even point in number of passenger train cars per month? At 70% load = 90x0.7 = 63 Breakeven per car = 35‚000 / 63 = 556 c
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Kirsten Schmidt English IV Mrs. Kiesling 9/29/14 What it Takes to be a Man Shockingly‚ in today’s society‚ about fifty percent of marriages end in divorce. Is this because it is becoming impossible to find guys who are truly‚ real men? The guys of the 21st century all seem to be extremely conceded and cocky. If something doesn’t go their way‚ trust me‚ you will know about it. Although real men aren’t expected to be your warriors and superheroes like they were in the eighteen hundredths
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nd nd 2 INTERNATIONAL CONFERENCE ON BUSINESS AND ECONOMIC RESEARCH (2 ICBER 2011) PROCEEDING WHAT IT TAKES TO BE A MANAGER: THE CASE OF MALAYSIAN FIVESTAR RESORT HOTELS Rozila Ahmad (rozila@uum.edu.my) Noor Azimin Zainol (azimin@uum.edu.my) Universiti Utara Malaysia Sintok‚ 06010 Kedah ABSTRACT This article investigates the requirement for managerial posts in five-star resort hotels in Malaysia. Despite the growth of hotel industry in Malaysia‚ academic literature especially qualitative
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but it doesn’t happen. There’s no evidence of high-level performance without experience or practice. Reinforcing that no-free-lunch finding is vast evidence that even the most accomplished people need around ten years of hard work before becoming world-class‚ a pattern so well established researchers call it the ten-year rule. What about Bobby Fischer‚ who became a chess grandmaster at 16? Turns out the rule holds: He’d had nine years of intensive study. And as John Horn of the University of Southern
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Intro: In today’s society‚ bullying has become an epidemic that seems to get worse as the years progress. Claim: Bullies should be held accountable for their actions especially if their actions result in the death of their victim‚ whether this is by the hands of the bully or at their own hands. Support: Across the nation‚ our children are being tormented‚ ridiculed and made to feel as if they are inferior to another person. This abuse needs to stop. When a person harasses another individual
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What long-term strategy would you suggest she take regarding IKEA’s continued operation in India? Should the company stay or should it ixi? (Discuss the impact of your decision and how you would manage it.) * IKEA set up a list of ideas as of where they wanted their company to improve in. Included in this list was “working with suppliers” as well as “transport and distribution.” Greater monitoring‚ meetings at the place of production‚ and reports should be a mandatory concept that is stated
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Break on Everest Is the risk as good as the rewards of making it up Mt. Everest? Mountaineering is an extremely dangerous sport that has a high chance at death‚ but can lead to some decent rewards. I don’t think that the risk is as good as the reward because there are too many bad things that can happen. If you make it to the top all you get is the satisfaction of making it to the top and id you don’t make it up then you die. The percent of you making it to the top is slim to none. This is why i
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things is for sure the Nazca lines are a wonder. They were declared "Archaeological World Heritage Site" by UNESCO (1994). I will look at both qualified peoples as well as those who write books. I will give you a few theories to whet your appetite. What are the Nazca Lines? About over 400 km (200 miles) south of Lima in the Peruvian Desert‚ there lies a plateau between the Inca and Nazca Valleys. The Nazca Valley was inhabited by a people who developed advanced farming methods that allowed them to
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