Find the Value of the Determinant $$\left| \begin{array} { r r r } - 2 & 5 & 4 \\3 & - 2 & 1 \\1 & 6 & - 3\end{array} \right|$$

question 40

Multiple Choice

Find the value of the determinant.
- $$\left| \begin{array} { r r r } - 2 & 5 & 4 \\3 & - 2 & 1 \\1 & 6 & - 3\end{array} \right|$$

• A) -12
• B) -90
• C) 130
• D) 80

Comprehend the concept and calculation of the break-even point.

Differentiate between absorption costing and contribution margin income statement methodologies.

Know the impact of cost structure on net income volatility.

Calculate the sales volume needed to attain a specific target profit.

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Definitions:

Combined Profit

The total profit earned by all firms in a particular market or industry, summed together.

Policies

Principles or rules established by organizations, governments, or groups to guide decisions and achieve rational outcomes.

Policies

Guidelines or principles that direct actions towards specific goals or objectives, often set by governments, organizations, or institutions.

Individual Transferable Quotas (ITQs)

Limits (quotas) set by a government or a fisheries commission on the total number or total weight of a species that an individual fisher can harvest during some particular time period; fishers can sell (transfer) the right to use all or part of their respective individual quotas to other fishers.