Find the Working Factor for Each of the Following Situations

question 3

Short Answer

Find the working factor for each of the following situations. (Simplify fractions.) There is a party for 36; our recipe yields 64 portions.

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Definitions:

Net Operating Income

The earnings a business achieves following the removal of operational costs from the income earned through its activities.

Break-even Point

The break-even point is the level of production or sales at which total revenues equal total costs, resulting in no profit or loss.

Break-even

The point at which total revenues and total expenses are equal, resulting in no net loss or gain.

Monthly Dollar Sales

The total sales revenue earned by a business within a month, measured in dollars.