once karen and anika identify the fixed and variable costs of their business, they must then determine the number of service sales they need to make in order to produce a profit. they would do this by

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24-10-2022
Business

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once karen and anika identify the fixed and variable costs of their business, they must then determine the number of service sales they need to make in order to produce a profit. they would do this by

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rafikiedu04 rafikiedu04 · Answer 1 · 2022-10-28T09:07:07-04:00

Once Karen and Anika identify the fixed and variable costs of their business, they must then determine the number of service sales they need to make in order to produce a profit. They would do this by conducting a break-even analysis.

A company is defined as an organization or company engaged in commercial, industrial, or professional activity. A company can be either a commercial entity or a non-profit entity. Company types range from limited liability companies to sole proprietors, corporations, and partnerships. The purpose of a business is to provide value (through products and/or services) to customers who pay cash or equivalent. The money received should at least cover the costs of running the business and cover the living needs of the owner.

Business plays an important role in our lives. First, they produce goods and services that meet our needs and desires. It also recruits households as a labor force and provides rewards such as wages, salaries, and benefits. Therefore, it becomes a source of income that they can use to sustain their livelihoods.

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