This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Break-even charts are useful at times. What are some of their weaknesses? What will be an ideal ... (Read 15 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
on: Aug 10, 2018
Break-even charts are useful at times. What are some of their weaknesses?
 
  What will be an ideal response?

Question 2

The purpose of merchandising is twofold: to retain a store's loyal customer base and to increase the percentage of total business generated by these loyal customers.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

hramirez205

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Aug 10, 2018
Answer to Question 1

Useful as they are, break-even charts can be only a rough approximation of profit. This is, in part, because assumptions must be made regarding allocation of costs. Cost allocations are good only over short ranges of sales volume. When they are extrapolated beyond that range, the analysis is less exact. In addition, this analysis works best when there is only one product. In a restaurant where there are many items on the menu, mark-ups will vary and an average will have to be used. This limits the accuracy of the analysis.

Answer to Question 2

TRUE


charchew

  • Member
  • Posts: 579
Reply 2 on: Aug 10, 2018
YES! Correct, THANKS for helping me on my review

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the
Anatomical Charts Muscular System Anatomical Charts Muscular System
Anatomical Charts Digestive System Anatomical Charts Digestive System
Is it ethical to break the law to defend our personal integrity? Is it ethical to break the law to defend our personal integrity?
Egg Cooking Times Egg Cooking Times
Relative expression times and amounts of cyclins during the cell cycle Relative expression times and amounts of cyclins during the cell cycle
Video: Renal Failure

For a complete list of videos, visit our video library