Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x213 analysis is a tool used for analyzing how volume, price, product mix, and product costs relate to one another. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x0x4. Costs that fluctuate directly with changes in volume of production are referred to as costs. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. X. x costs change in a disproportionate way with output levels. Fill in the Blanks Answers typed in alt of the blanks will be automatically saved. x313 Rent and interyst charges are considered costs. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. The main factors that affect levels of profit are volume of production, costs (fixed and variable) and changes in product mix. A. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x4x4= Break-even point is the level hof production where revenue equals costs. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. X.x.. The contribution margin is calculated by finding the different between revenue and the costs. Fill in the Blanks Answers fyped in all of the blanks will be automatically saved, X.. The contribution margin is the level of profit that contributes for paying costs. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. X. x2 The letters PV stands for Unsaved: Please enter a valid answer (P) Test Bank 5.115 Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x2x2 To calculate the PV ratio, you need to divide the margin by revenue. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. xx. The range means that costs (fixed and variable) apply to a certain level of production. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x2x0 Changes in Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x. x1) To calculate the break-even point, you need to divide the fixed costs by the PV ratio or the unit margin. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x.x. You can find the break-evenipoint in units by dividing fixed costs by the contribution margin. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x You can find the revenue break-even point by dividing fixed costs by the ratio. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. X. XIII) . To calculate the cash break Jeven point, you need to deduct from fixed costs so that this sum can be divided by the contribution margin. A. Unsaved: Please enter o valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. xx2 The cash break-even point can be defined as the number of units or revenue that must be reached in order to cover total cash costs. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. X. . - The objective of the days of working capital measurement is to calculate the number of days of working capital a business holds in order to meet its average daily requirements. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x21) The days of working capital measurement is calculated by dividing inventories plus trade receivables less trade and other payables by Fill in the Blanks Mrswers typed in all of the blanks will be automatically saved. x1- The cash efficiency ratio measures the efficiency with which a business converts revenue to cash flow within its operations. A Unsavedi Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. X.x.. The cash conversion efficiency ratio is calculated by dividing cash flow from operations by A. Unsaved: Please enter a valid answet Fill in the Blanks Answers typed in all of the blanks wil be automatically saved. x.x6 The main objective of management is to maintain a reasonable amount of cash so that profitability is NOT affected and payment of short-term commitments is possible. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks wit be automatically saved. x.x. The account consists of holdings and short-term deposits. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. xxxm In order to manage cash effectively, a firm must synchronize its cash inflows with its cash onn a monthly basis. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x. . is a concept dealing with the amount of funds tied up in cheques that have been written but are still in process and have NOT yet been collected. A Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x,x. The process means the transferring of funds between customer and supplier by using the Internet or any other electronic medium. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x. xm One of the activities of the credit manager is to set terms which determines how quickly the Justomer is expected to pay the account. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x,. The credit manager uses the system to analyze the creditworthiness of potential customers. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. The of trade receivables is a report showing how long trade receivables have been outstanding by giving the percentage of receivables past due for one month, two months, etc. Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x4x2 The policy is insurance a business takes against the catastrophic loss in cash that might occur when 2 large receivable becomes uncollectible because of debtor bankruptcy. Unsaved: Please enter a valid answer: Fill in the Blanks Answers typed in all of the blanks will be automatically saved. X. . policy provides coverage for losses The suffered from any of a firm's irade receivables that become uncollectible. A. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x4x2 The objective of inventory management is to replenish in such a way that associated order and holcing costs are kept to a minimum in order to enhance profitability. Unsaved: Please enter a valid answer Fill in the Blanks Answers typed in all of the blanks will be automatically saved. X. x A periodic count of every item in stock is the first, fundamental principal of sound management. \# Test Bank 6.157 Fill in the Blanks Answers typed in all of the blanks will be automatically saved. x4x Profit before bad debts is $