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Business Notes

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Purchase order Delivery note Goods received note Invoice Statement of account Cheque ------------------------------- Problems-too much stock • Money tied up • Stock wont sell • Lose customers Increase in Variable cost (affects to break-even) • Break even would rise • Need to sell more • Context could include new break even point Leading to • Reduce prices to sell more • Increase prices to make more • Reduce fixed costs BREAK EVEN POINT= Fixed cost ----------------------- (Selling price-variable cost) Break-even analysis • Identifies sales levels required for profit • Establish break even at different cost/sales structures Profit and loss account will show the profit within the business and the overheads of the business...
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Purchase order Delivery note Goods received note Invoice Statement of account Cheque ------------------------------- Problems-too much stock • Money tied up • Stock wont sell • Lose customers Increase in Variable cost (affects to break-even) • Break even would rise • Need to sell more • Context could include new break even point Leading to • Reduce prices to sell more • Increase prices to make more • Reduce fixed costs BREAK EVEN POINT= Fixed cost ----------------------- (Selling price-variable cost) Break-even analysis • Identifies sales levels required for profit • Establish break even at different cost/sales structures Profit and loss account will show the profit within the business and the overheads of the business...
displayed 300 characters

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