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    margin of safety

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    margin $420‚000 Contribution margin ratio = $420‚000/$800‚000 = 0.525 Annual break-even dollar sales volume = $210‚000/0.525 = $400‚000 b. Annual margin of safety in dollars: Sales $800‚000 Break-even sales dollars (400‚000) Margin of safety $400‚000 c. To determine the variable and total costs lines‚ it is necessary to compute the variable cost ratio: Variable = variable costs = $380‚000

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    Maritime Safety

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    * SOLAS (Safety Of Life At Sea) Convention - Established in 1914 after the Titanic disaster ‚ put in force in 1915. * The Convention in force today is sometimes referred to as SOLAS‚ 1974‚ as amended. * The main objective of the SOLAS Convention is to specify minimum standards for the construction‚ equipment and operation of ships‚ compatible with their safety. * Fire * Fire Defined: Heat & light that result from the combustion of materials * It’s useful as long as we’re

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    EQUALITY AND VALUES DIVERSITY EXPLAIN THE MEANING AND BENEFITS OF DIVERSITY AND THE PROMOTION OF EQUALITY Whether you are a large multinational company‚ a small business or a freelance worker‚ it pays to know about equality and diversity in the workplace – to act within the law and to make the best of your workforce and your business opportunities. Equality is the current term for ‘Equal Opportunities’. It is based on the legal obligation to comply with anti-discrimination legislation. Equality

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    Tattoos in the Workplace

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    Tattoo and Pierce Your Workplace “Look‚ she/he has tattoos and piercings everywhere; they must be in a cult or worship the devil.” Sound familiar? Maybe your grandparents or even parents have spoken these very words to you‚ but what is the big deal? Why are tattoos/piercings frowned upon‚ especially in the workplace? Tattoos/piercings should be allowed to be shown in the work place because it’s unconstitutional if you can’t‚ they’re becoming more and more popular‚ and they don’t harm anyone.

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    influenced. Gender stereotyping in the workplace can actually lead to discrimination. With this mentality in the workplace it’s hard to anticipate good work ethic. That women can’t do as good as a job as men. No matter how many examples in everyday life proves this to be wrong‚ we always revert back to this pattern. With this stereotype programmed in the minds of many we can never fully overcome this mold. Instead of concerning ourselves about how gender affects the workplace or the process‚ we should concern

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    Discrimination in the Workplace When talking about discrimination in this society‚ it is certainly not a taboo subject. Discrimination can happen anywhere‚ however‚ it is more likely to go unnoticed in the work area. For example‚ failure to hired or promote someone‚ because of their race‚ gender‚ religion‚ or background. In order to keep a positive workplace‚ laws were created to keep these things from happening. These laws fall under Title VII of the Civil Rights Act of 1964. However‚ discrimination

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    Fire Safety

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    Fire Safety Fire is one of the most dangerous earthly elements. Fire is used for both good and bad reasons. For example‚ Fire can be used for cooking‚ heating‚ and melting things. However‚ it is also used for smoking‚ burning‚ and disaster. When you think of fire‚ the first thing that should come to mind is how to handle it safely. Fire safety is very important‚ especially when it comes to young people manipulating it. Sure when you were younger you experienced numerous fire drills. In the rain

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    RELIGION IN THE WORKPLACE

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    Religion in the Workplace Meldon Collins SOC 120: Introduction to Ethics & Social Responsibility Ashford University Dec 5‚ 2014 Introduction Religion is a set of beliefs concerning the cause‚ nature‚ and purpose of the universe‚ especially when considered as the creation of a superhuman agency or agencies‚ usually involving devotional and ritual observances‚ and often containing a moral code governing the conduct of human affairs. Under the First Amendment‚ Americans enjoy two freedoms with

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    Workplace Relationship

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    environment people treat coworkers with a professional respect; in a social setting they treat their friends completely different. Electronic communication has affected the way people interact with each other. The level of personalization in the workplace depends on the context‚ emotional support‚ expressions‚ trust‚ and situation of the environment. With the increase in electronic communications‚ how can we ensure positive interactions with our coworkers? Electronic Communications Electronic communications

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    Coaching in the Workplace

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    Just as in coaching with sports‚ coaching in the workplace empowers the individual so that they are performing at their best. As competition has increased in the corporate society‚ employers are struggling to find ways to keep their best employees. One way that has caught on is to coach the employee instead of giving direct commands‚ allowing the learner to take the lead in their own progression. Research by the UK Industry Society has shown that coaching is likely to become the “most sought-after

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