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Ruben Ltd Is a Management Consulting Firm Specialising in Pension Plans

question 81

Multiple Choice

Ruben Ltd. is a management consulting firm specialising in pension plans. Its billing rate to clients is $120 per hour, and variable costs average $80 per hour. Fixed costs are $24,000 per month. The income tax rate is 20%. If variable costs increase by 10% and management increases its billing rate by 8%, what is the effect on the breakeven point, in billable hours?

Recognize symptoms and prevention techniques for deep vein thrombosis.
Comprehend the importance and application of range of motion exercises in patient care.
Describe the appropriate use and benefits of compression devices and stockings in preventing venous stasis.
Identify safety measures to prevent falls and injuries during patient mobilization.

Definitions:

Accounts Receivable

Funds that are due to a business from its clients for goods or services already provided but not yet compensated for.

Liquidity Crisis

A situation where an entity lacks the liquidity necessary to meet its short-term obligations, potentially leading to insolvency.

Market Value

The current price at which an asset or service can be bought or sold in a competitive marketplace.

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