The breakeven point is the number of units that must be sold to cover your costs. Your goal is to always sell above your breakeven point to make a profit. To calculate your breakeven point, you need to know two things: your fixed costs and your variable costs per unit. To calculate you...
It is common to find that lenders only approve a loan when your DTI ratio is lower than 43%. However, the DTI cap may vary from lender to lender. How to improve it: Since the only two inputs for DTI are your debt and your income, you may be able to improve your DTI ratio by ...
How do you find ending inventory from gross profit on cost? How can factory overhead be computed? How do you determine estimated inventory in accounting? What is an expense ratio? Explain and describe the various costing methods used in management accounting. ...
When researching travel, you can use your issuer’s portal to see how many points or miles you’ll get if you transfer your credit card rewards to an airline or hotel partner. Based on this transfer ratio, you might find that the value of your points is higher when you move them to ...
This ratio shows how much debt you have relative to your income. Whereas a low debt-to-income ratio indicates that you earn more than you owe, a high ratio means that more of your paycheck goes toward paying your debts. To calculate your debt-to-income ratio, divide your total monthly ...
Total annual cost(TC) refers to the cost which the firm incurs behind the production. This can be found out by adding fixed costs(TFC) and variable...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your ...
No matter what image you use, adhere to the following specs: 16:9 aspect ratio (for instance, 1280 pixels x 720 pixels) JPG, GIF, or PNG format No larger than 2 MB When designing your thumbnail, focus on clarity and relevance. Use bold, contrasting colors, easy-to-read text, and ...
Typically, a working capital ratio of 2:1 or higher is considered ideal, indicating that a company has enough current assets to cover its current liabilities twice over. A working capital ratio below 1:1 is generally considered low and could be a red flag for investors or creditors. ...
Loan-to-value ratio Lenders also use yourloan-to-value ratio (LTV)to evaluate your eligibility for a cash-out refinance. Your LTV is the comparison of your mortgage amount to the value of your home. Some lenders won’t allow homeowners to exceed an 80% LTV to secure a cash-out refinanc...
Typically, a working capital ratio of 2:1 or higher is considered ideal, indicating that a company has enough current assets to cover its current liabilities twice over. A working capital ratio below 1:1 is generally considered low and could be a red flag for investors or creditors. ...