An Unfortunate Day Essays

An Unfortunate Day Essays An Unfortunate Day Essay An Unfortunate Day Essay Find the meaning of the proverbs / phrasal verbs below. Then, fill in the blanks with the correct proverbs / phrasal verbs. It was a very unfortunate day for Rahim. He woke up late as he had ____________. studying for his coming PMR examination. At first he was thinking of not coming to school, ___________ he could ____________________ to his grandmother, but examination is just around the corner. It was already 7 in the morning, he took a quick bath and got dressed. Skipping his breakfast, he dashed to the bus stop to catch the bus. Then, after 5 minutes looking for the seat in the crowded bus, finally he managed to sit next to a big, fat lady who took almost the whole seat to herself. _____________, after 10 minutes of journey, the bus stalled in front of a traffic light! He could not wait any longer as he was already late for school. So, he alighted from the bus and took a short cut trail to school. As he was walking, he whistled to the melodious sound of the chirping birds. After a few minutes of walking, suddenly he saw something around the bushes. It was a black leather bag. Curiously, he opened the bag to know what was inside. He was so shocked to see that the bag was actually full of money and jewelleries too! In his whole life, he never saw such a lot of money like that. Usually, he received two ringgit a day from his kind, lovely grandmother. Rahim was an orphan. He lost his parents in a tragic accident two years ago. Now, he lived with his beloved grandmother. They were ______________ . Rahim looked around and there was nobody to be seen. Something bad _______________. He could use the money to pay for the school fee. After that, he could buy a motorcycle so it would be easier for him to go to school. Then, he remembered his late mother’s advice. â€Å" Rahim, my son. Eventhough we are poor, never steal. Do not do anything against the religion. Remember,_________________________. † He still remembered his promise to be a loyal son. Reluctantly, he went to the police station and gave the bag to the policeman on duty. Rahim told the whole story to him. The policeman took his statement and promised to call him if anyone comes to claim the bag. He also praised him for his honesty. Rahim left the police station at 8. 30 am. He ran _________________________ but he was already late. He reached school when the bell of the third period rang. Rahim tried to explain what had happened to his teacher but he refused to listen and believe him. Rahim was punished by his teacher who ordered him to stand outside the class until recess. Rahim felt so sad and ashamed with himself. Right after recess, he heard an announcement made by the school principal. He was called to the school office. The policeman had come to meet his principal and deliver the reward money to him. The policeman said that the reward was offered by a jewellery shop which had been robbed two days ago. Rahim received a cheque worth 20 thousands ringgit! He could not believe his eyes. He thanked the policeman and felt so grateful to Allah for giving him the courage to return the bag. He truly believed that honesty is the best policy. Now, __________. 1. as poor as the church mouse 2. just his luck 3. lend a hand 4. crossed his mind 5. as fast as his legs could carry him 6. fortune smiles on him 7. honesty is the best policy 8. after all 9. burn the midnight oil

Learning the Importance of Breakeven Point Analysis

Learning the Importance of Breakeven Point Analysis Breakeven point analysis is a very important tool, especially if you are preparing a business plan, to figure out the volume of sales your arts and crafts business needs to make in order to cover both your variable and fixed costs. At breakeven point, your arts and crafts business has made or lost no money. This is important info for you, the business owner, as you have to be able to handcraft your arts and crafts items at a price that your customers will pay while still providing an adequate amount of income to cover your personal living expenses. Once you get the hang of it you will find it quick and easy to figure breakeven point using an Excel spreadsheet. Breakeven Point by Item or Entire Business When discussing breakeven point analysis with clients, the goal is to figure it for either their entire business or by-product. While its more difficult to figure breakeven point for every item you make (this is more of a job costing extravaganza), its not impossible. Later on, well show you how to do a rough breakeven by item. Exploring Breakeven Point Analysis Consider the following scenario: One day a potential client walks through the office door, who is wondering whether they should go ahead and open an arts and crafts business. The clients main concern is whether they will be able to cover all their business costs. They also want to know how many arts and crafts items they will have to sell to pay themselves a certain amount of income each month. They have done their preliminary research, including lining up raw materials suppliers and getting price lists from those suppliers. Importantly, they have also found out what they need to do to become a wholesale customer of the suppliers and discount terms. The craft business owners have also made prototypes of the items to get an idea of how much raw material will be needed if the business goes into production mode. Walking Through Breakeven Point Facts Using a handy-dandy spreadsheet program, were going to present a step-by-step guide to breakeven point analysis for our fictitious new arts and crafts client - Oak Desk Clocks, Inc. Before we set up breakeven point analysis for them, we need some basic cost facts and figures: Variable expenses are those expenses that are tied to the number of units sold. For each clock that Oak Desk Clocks, Inc. makes they figure there is a cost of $25.00 for the combined total of material and labor.Fixed expenses are those expenses that do not change based upon the increases or decreases in the sales of your desks. A very good example of this is rent expense. Oak Desk Clocks lease calls for a monthly rent payment of $1,000. So, no matter if Oak Desk Clocks sells one clock or a million, the company is still responsible for the fixed amount ($1,000) in rent payments each month. Setting Up Breakeven Point Analysis Shown below are the initial entries we plan to make into a breakeven point spreadsheet for Oak Desk Clocks, Inc. None of these entries require any formulas - these are just the assumptions the owners of Oak Desk Clocks have made based upon their research into the clock-making industry. Sales price per clock is $35.00 with an expected increase in sales price of 10% per year.Variable costs per clock are $25.00 with an expected increase in the price of raw materials and labor of 5% per year.Fixed costs per year are $75,000, which Oak Desk Clocks feels will remain constant over the next five years.Advertising expense of $15,000 will be a major expense in the first year of business but should decrease by 12% each year over the next five years.