Examlex
Felicia wants to know how many units she must sell to cover all of her costs. She indicates to you that her selling price is $20 per unit, her fixed costs are $6,000, and the variable costs per unit are $15. What is her break-even point?
Target Cash Balance
The optimal amount of cash that a company aims to hold at any given time to fulfill operational and transactional requirements.
Interest Rate
The fraction of a loan subject to interest charges for the borrower, commonly stated as an annual percentage of the outstanding loan balance.
BAT Model
Stands for Behavioral Adjustment Tax, a concept in economic theories but without a standard definition; alternatively, it may refer to niche or specific theoretical models not widely recognized in mainstream economics.
Miller-Orr Model
A financial model used to manage the cash inventory of a firm by setting upper and lower limits on cash balances, determining when to transfer funds.
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